Small Business Can Change Inventory Tracking From a Liability Into an Asset, With Inventory Control Software From Wasp Barcode Technologies

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Updated version 5 helps increase efficiency and productivity -- key drivers in today's challenging economic times

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While most have a good accounting system in place, many business owners still try to manage their inventory relying on memory or static pieces of paper, which are prone to mistakes. Deploying inventory solutions such as Wasp Inventory Control can significantly improve business efficiency and profitability.

Small businesses can transform inventory tracking from a cumbersome expense into an efficient asset with Wasp Inventory Control v5, released today. The updated version of the inventory software, by Wasp Barcode Technologies, uses simple and proven barcode technology to empower small business owners to improve their business efficiency while providing a rapid return on investment.

Packed with new functionality, Wasp Inventory Control v5 helps business owners gain new insight into their inventory. This version offers new alerts, enhanced security, improved barcode label printing, additional reports, and enhanced data entry that speeds the receiving and check-out processes by locking down common tracking fields. The software's reports provide an accurate accounting of inventory, including costs, quantity, location, re-order points, and visibility into which items are moving.

"As CPA educators and accounting consultants to thousands of small businesses, our firm has become a big advocate of using barcode solutions to keep track of inventory," said Randy Johnston, partner for K2 Enterprises. "While most have a good accounting system in place, many business owners still try to manage their inventory relying on memory or static pieces of paper, which are prone to mistakes. Deploying inventory solutions such as Wasp Inventory Control can significantly improve business efficiency and profitability."

Many small businesses can achieve rapid payback of their investment in the software simply by accurately tracking inventory and establishing reorder points. Companies that implement this easy-to-use inventory control software solution can experience increased sales, reduced costs, improved customer service, and increased value of their companies.

Headquartered in Baytown, Texas, Process Control Outlet uses Wasp Inventory Control to manage the thousands of items in its warehouse. With Inventory Control, the company has saved more than $35,000 per year through efficiency improvements alone, after investing less than $2,500 to purchase and implement Wasp's solution.

"In just a few months, Wasp totally revolutionized our company," said Robert Gonzales, assistant director of marketing and communications for Process Control Outlet. "We have effectively cut our inventory operating costs in half. The product easily paid for itself in the first month."

The updated software, which is also available in complete solutions that include a mobile scanning device and barcode printer, offers the extensive features of an enterprise-level inventory control product without a hefty price tag or complex implementation.

"Businesses owners generally don't realize how easy and profitable it can be to implement an inventory tracking process," said Tom O'Shea, general manager of Wasp Barcode Technologies. "Automatic inventory tracking has a two-pronged benefit. First, improvements in efficiency can have a profound impact on reducing costs. In addition, access to accurate information can create opportunities for top-line revenue growth. By deploying technology such as Wasp Inventory Control to both save costs and increase sales, small businesses can position themselves to compete more effectively in today's challenging economic environment."

Wasp Inventory Control v5 is available in three versions. The Standard (Std) version ($595) offers one PC license and one mobile license. The Professional (Pro) version ($1,495) features five PC licenses and one mobile license. In addition, Pro now offers kitting, as well as assembly and disassembly functionality. The Enterprise version ($2,995) includes the same features as Pro, but with unlimited PC user licenses and five mobile licenses.

For a complete solution, customers can choose from a wide range of packages with barcode scanners, mobile scanning devices and barcode printers, in addition to the Inventory Control software. Complete solutions with software, a barcode scanner and barcode printer start at $1,295. Mobile solutions with software and a mobile scanning device start at $1,395, while a complete mobile solution that includes software, a mobile device and barcode printer starts at $1,995.

Current Wasp customers can upgrade their existing Inventory Control or Mobile Inventory software for prices starting at $195, depending upon their current software version.

Wasp Inventory Control v5 software and complete solutions can be purchased from catalog resellers such as CDW, TigerDirect, PC Connection, Insight and SystemID Warehouse. They are also available through local computer resellers including WaspLink™ value-added resellers (VARs). The solutions can be special-ordered through office super stores like Staples or purchased directly from Wasp.

About Wasp Barcode Technologies
Wasp Barcode Technologies provides data capture and tracking solutions designed specifically for small business. Products include inventory control, asset tracking, time and attendance, barcode scanners, barcode printers, and point of sale (POS) solutions. Wasp products help small business owners manage their companies more efficiently with improved productivity and profitability. Learn more at or call 866-547-WASP (9277).


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Lesley Hensell
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