€18,420hasn't sold in 180 days
€41,300selling too slowly
2 days leftGarden hose 30 m
Some of what you bought isn't selling, and you can't spend what's sitting in a box. Verity shows you which products they are, how much cash is in each, and what to reorder instead. Nothing is counted twice.
Example shop, 147 products, one carton each. Founding offer: the first 10 shops pay €99 a month for their first year. Reserving costs nothing and commits you to nothing.
Verity answers the questions that cost you money first, then lets you report on all of it.
The same example shop on its shelves. Each box is one product, and the wider it is, the more cash is in it.
Dead stock that has not sold for a time you choose (180 days to start), and excess stock that sells too slowly, each with the cash tied up in it. Items too new to judge are kept apart.
In Verity: Dead stock, Excess stock vs. velocity, Clearance list.
Items that will run out before a new delivery could arrive, at the rate they really sell, arranged by supplier so each list can become one purchase order.
Delivery takes 10 days
40 on order, arriving in 3 days
Delivery takes 14 days
Delivery takes 21 days
In Verity: Reorder alerts, Running out soon, Reorder by supplier.
The value of stock coming in and going out each month, at cost, margin by category, and sales value by month.
In Verity: Stock movement by month, Margin by category, Sales value by month.
Build your own reports from nine kinds of chart, using only the figures your data can answer. Export a report to CSV, Excel, PDF or slides for whoever needs the figures.
Put stock and sales in one table the quick way, and each product's stock is copied onto every sale, so its value grows each time it sells. Choose how often the oak shelf sold and compare.
Every figure is built so it cannot count anything twice, and it never fills a gap with a guess. When your data cannot answer, Verity says so.
One product, the oak shelf, holds €400 of stock.
€400€1,200€2,400€4,800
€400 on its 1 sale€400 copied onto each of 3 sales€400 copied onto each of 6 sales€400 copied onto each of 12 sales
€400
1 sale, so the stock counts once3 sales added up first, so the stock counts once6 sales added up first, so the stock counts once12 sales added up first, so the stock counts once
Both say €400. With one sale there is nothing to copy, which is why the mistake is easy to miss. €800 of the quick total isn't really there. It says €1,200; Verity says €400. €2,000 of the quick total isn't really there. It says €2,400; Verity says €400. €4,400 of the quick total isn't really there. It says €4,800; Verity says €400. Illustrative figures.
None of them has a setting that turns it off.
A product's sales are added up before they meet its stock, so nothing is counted twice.
Where a figure can't be worked out, say a product with no sales to divide by, Verity shows a dash marked “no value”, never a made-up number.
Every report is checked before it reads your data. If something is wrong with it, it stops and says so, instead of giving a wrong answer.
When you build a report, Verity offers only the figures your data can really link to what you are measuring.
The real app, on an invented shop: 147 products, over a year of sales, its suppliers and orders. A six-step guide shows you round. No account, nothing to install, and nothing you do changes it.
Money sitting still
| Kind | Items | Value |
|---|---|---|
| Dead stock | 37 | €18,420 |
| Excess stock | 58 | €41,300 |
| Total | 95 | €59,720 |
I'm Tamás Bakcsi-Kelemen, and I make Verity. I build it, run it, and answer every email to hello@useverityapp.com myself. Your data stays yours: you can download all of it from your account at any time. Find me on LinkedIn.
Verity works from the CSV files your shop system exports: products, sales and suppliers.
Accounts open with the plans. Until then, the tour shows you step 3 on an example shop. Take the tour.
An email address and a password, and nothing to install.
Upload CSV files of your products, your sales and receipts, and your suppliers. Tell Verity which column is which, and see every skipped row explained before anything is saved. Verity never asks for your customers' details.
Open the overview and drill into any figure to see the rows behind it.
Import your data and see your dead stock, your excess stock and what to reorder, with figures you can stand behind. The first ten shops to start a plan pay €99 a month for their first year.