NetYield Reviews

NetYield Description

NetYield is an entirely cloud-based solution tailored for accounting and inventory management in the seafood industry. From small-scale operations to some of the largest seafood corporations in the United States, we cater to a diverse range of businesses. Users can define quantities and prices based on either cases or pounds, while the inventory cost encompasses both the product price and the estimated costs of procurement and production. Our system provides detailed visibility of item-level on-hand and available quantities, along with specific lot-level attributes. The cost of products on invoices is established once all procurement costs are fully accounted for, ensuring accuracy. Each lot maintains a comprehensive history documenting all inductions and releases, which enhances traceability. Furthermore, inventory transactions automatically create necessary accounting entries for accounts payable, accounts receivable, and general ledger purposes. This solution is particularly beneficial for importers, exporters, and brokers handling significant volumes of seafood through third-party providers, as it supports multiple units of measurement, facilitates inventory commitment, and enables seamless remote work capabilities, thereby optimizing overall operational efficiency.