[May 27, 2015]

Square Welcomes Shopventory to Square App Marketplace

Shopventory, a leading provider of inventory management and optimization solutions for medium to small size businesses, announced today its formal integration with the payments and point-of-sale system Square and launch in the Square App Marketplace.

"Square's retailers are asking for a simple to use advanced inventory management solution. Shopventory is the answer with 'easy-to-start' tools, elegant sales reports, automated optimization and most importantly detailed COGS (Cost of Goods Sold) profit margin reporting," stated Dave Calson, Shopventory CEO and Co-Founder. "We seamlessly integrate with Square and decrement inventory automatically as each sale occurs through Square."

Shopventory helps SMBs manage their inventory better while saving time and money by keeping all inventory SKU counts and associated cost information in one central database that syncs with Square. Shopventory's "Dead Inventory Report" automatically highlights inventory that is not selling. This report alone helps retailers realize what items they should turn into cash or consider no longer carrying.

"We are pleased Square is offering Shopventory's advanced inventory management and reporting tool set to their clients," noted Bach Le, Shopventory CTO and Co-Founder. "The combination of Shopventory and Square makes it easier for retailers to order the right product at the right time so they always have high-demand product in stock and they know the cost and retail value of their inventory at any moment in time."

Square retailers can sign up for a full-featured 14-day free trial of Shopventory by logging in to Square and adding Shopventory to their Square account today. Three levels of service are available - Basic (Free), Advanced ($25 per month) and Premium ($59 per month) all with unlimited Square transactions.

About Shopventory

Shopventory, Inc. is a leading provider of inventory management and optimization solutions for medium to small size businesses. Shopventory optimizes its clients' inventory by analyzing past sales trends and offers advanced inventory management tools for mobile point of sale (MPOS) services like Square, Clover and PayPal (News - Alert) Here. Shopventory is a 2013 graduate of the Techstars Accelerator Program. For more information about Shopventory, visit www.shopventory.com or call 858.271.4000.

Shopventory is a registered trademark of Shopventory, Inc. All other company names and service marks are the property of their respective owners.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150527005330/en/

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