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      MILLION SOFTWARE

      AUTOCOUNT SOFTWARE

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      Accounting
      & Inventory

      Million Accounting

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      Autocount Software

      UBS Software

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      Hrms

      Million Payroll

      Rockbell HRMS

      Autocount Cloud Payroll

      point-of-sales
      (pos)

      Million POS (Retail)

      Popcorn POS (F&B)

      Autocount POS

      E-Commerce
      & crms

      E-Commerce

      Customized CRMS

    • ACCOUNTING & INVENTORY
      • Accounting Software
      • Million Stock Control
      • Autocount Software
      • UBS Software
    • PAYROLL & HRMS
      • Million Payroll
      • Rockbell HRMS
      • Autocount Cloud Payroll
    • POINT-OF-SALES (POS)
      • Million POS (Retail)
      • Popcorn POS (F&B)
      • Autocount POS
    • E-COMMERCE & CRMS
      • E-Commerce
      • Customized CRMS
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Inventory Management & Stock Control

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TOP 6 FEATURES

Why Should You Chose Million Inventory System?

No yearly subscription fee
Multi-UOM
Multi-location
BOM
Serial number
Batch

Million Accounting

Need to DIY your own accounting? Choose Million Accounting Software!

Million Accounting Software is a full-fledged accounting system with a user-friendly interface that is simple to use and enables you to easily generate all your necessary financial reports with minimum accounting background required. It is able to create unlimited company databases and allows easy access when out of the office.
Million can increase your company’s productivity, save cost in the long run and help your business to grow.

Million Accounting is Multi-Company, Multi-Currency, and SST ready.

Purchase a software that is approved by Accountants.

Million has five modules – Accounting, Invoicing, Stock Control, Retail Point of Sales (POS) and Payroll

Feature highlights

Able to handle MULTI company transactions
Real-time integration to Million Accounting
Real-time update of Stock level
Outstanding Deliver Order/ Sales Order
Multi-Location
Stock Valuation Method for individual items: Fixed Cost/Average Cost/ FIFO

Report

Print Quotation/ Sales order/ Delivery order/ Invoice
Print Cash sale/ Credit note/ Debit note
Purchase Order/ Purchase Invoice
Stock Card
Product sales analysis
Customer sales analysis
Location reports

Government Assistance Available

Million is supported under the SME Digitalization Grant by MDEC.

The Malaysian Government is now providing a 50% matching grant of up to RM5,000 per company, for small and medium enterprises (SMEs) to digitalize their business operations with online software such as Million Software.
Find out more.

Who should use Million Stock Control System?

Million Stock Control System is suitable for businesses that wants to manage their day-to-day inventory activities.

How long does it take to learn how to use Million Stock Control System?

It will take 3 hours to complete the training for Million Stock Control System.

Can Million Stock Control System be integrated with accounting?

Million Accounting and Stock Control System is an integrated system that seamlines accounting functions to inventory management so that repetitive data entry can be minimized.

System Recommendations

Processor Type

Pentium 4 or higher

Processor Speed

1GHz or higher

Operating System

Microsoft Windows 7 or later

Memory (RAM)

4GB or more

Hard Disk

Approximately 1GB of available hard-disk space

Display

Super VGA (1024 X 768) or higher-resolution video adapter or monitor

Other Devices

Mouse or compatible pointing devices

Million can be in Chinese characters

Our Videos

Retail/Wholesale

The Ins and Outs of Modern Payroll Software: What Businesses Need to Know

The majority of firms rely on inventories to maintain a seamless operation. Inventory management, however, can be challenging. Stockouts, excess inventory, and lost sales are just a few of the issues that can result from improper inventory management.

Read More

It’s crucial to have a clear understanding of your inventory requirements and to put mechanisms in place to make sure that your inventory is managed effectively if you want to avoid making these expensive blunders.

Here are some typical inventory management blunders that organizations might incur expenses for:

Not knowing what you have in stock.

Being unaware of your stock is one of the most frequent inventory management errors. Overordering could happen, which would increase the cost of carrying inventories and tie up money. Additionally, it can result in stockouts, which might annoy customers and cost you revenue.

The solution is to have a clear and accurate inventory count, which can be achieved through regular physical counts and/or the use of barcodes and Inventory management system software.

Not having enough safety stock.

Safety stock is excess inventory that is kept on hand in case of an unanticipated rise in demand or a delay in acquiring fresh inventory. This prevents stockouts. Striking a balance between too much and too little safety stock is crucial to avoid losing revenue and aggrieved customers.

Your need for safety stock will be influenced by things like the lead time for obtaining fresh inventory, the cyclical nature of demand, and the repercussions of a stockout.

Not managing inventory levels properly.

Effective Inventory management system requires a delicate balance between too much and too little inventory. Too much inventory ties up capital and leads to higher carrying costs, while too little can result in stockouts and lost sales. 

The secret is to locate the sweet spot where your inventory levels are both high enough to meet client demand and low enough to avoid incurring excessive carrying expenses. This can be done via routine inventory counts, reorder point systems, and/or inventory management software.

Not keeping track of inventory turnover.

A crucial indicator of how effectively you manage your inventory is inventory turnover. It gauges the rate at which your stock is changed over, or more precisely, sold.

It’s generally a good thing to have a high turnover rate because it shows that your inventory is moving swiftly and that you aren’t investing excessive money in things with a low rate of turnover. A poor turnover rate, on the other hand, can mean that you’re carrying too much inventory or that you have some dead goods on hand.

It’s crucial to monitor your turnover rate in order to spot any possible issues and take appropriate action.

Not properly managing inventory obsolescence.

All firms are at danger from inventory obsolescence. When inventory ages or loses its relevance to market demand, it happens.

Changes in client preferences, fashion, or technology can all lead to obsolescence. Businesses that experience obsolescence are left with unsalable inventory, tying up capital and resources.

Being proactive and anticipating changes in client demand are crucial to managing obsolescence. Market analysis, trend analysis, and/or the usage of inventory management software can all be used to achieve this.

Not utilizing technology.

Technology can be a powerful tool for managing inventory, but many businesses don’t utilize it to its full potential. Barcodes and inventory management software can help businesses keep track of their inventory levels, turnover rates, and obsolescence risk. 

These tools can also help businesses automate their inventory management processes, which can save time and money.

Not having a plan.

Many firms underuse technology, which has the potential to be a strong tool for controlling inventory. Inventory levels, turnover rates, and obsolescence risk can all be monitored by firms with the aid of barcodes and inventory management software.

Additionally, by automating inventory management procedures, firms can save time and money.

Let our professional software consultant guide you through the way

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Singapore Office

18 Boon Lay Way, Tradehub 21, #05-100, Singapore 609966 +65 6469 7720 sales@rockbell.com.sg

Johor Office

7A, Jalan Undan 15 Taman Perling 81200 Johor Bahru, Malaysia. +607-334 0707/+607-241 3172 sales@www.rockbell.com.my

KL Office

No. 28-2B, Jalan Puteri 1/2, Bandar Puteri 47100 Puchong, Selangor +603-8060 5598 sales@www.rockbell.com.my

Indonesia Office

Jln. Kesehatan Raya No. 60F, Tanah Abang IV, Jakarta Pusat 10161 +62 811 1045 466 sales1@million.co.id
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