SimpliCompense’s invoicing software has around 8K active small business users. To retain current users and attract new users during the holiday season, SimpliCompense needs to provide capabilities to perform inventory and purchase order management functions. Therefore, one of the major goals for SimpliCompense’s Inventory Management product is to satisfy all the users’ needs of inventory and purchase order creation and management in an efficient and reliable way.
Requirements
Title
Description
Priority
Acceptance Criteria
Notes
Create an item resource.
The user creates an item resource to maintain an inventory of it.
Must-have
Item details are saved, the item is trackable in an inventory.
By default, all created items are trackable in an inventory.
Create an inventory of items.
The user sets the quantity of in-stock items.
Must-have
The inventory dashboard displays the item ID, name, in-stock quantity and purchased quantity.
The inventory list is sorted by item ID. The user can set other sorting orders and filters.
Automatic inventory update based on purchases and sales.
The quantity of in-stock items is updated based on purchases and sales.
Must-have
The inventory dashboard shows the updated number of in-stock items.
Purchase order creation.
The user creates a purchase order.
Must-have
The purchase order is saved.
Purchase order listing.
The user can view the list of purchase orders created.
Must-have
ID, name, description and status of each purchase order is displayed in a list of orders.
By default, all purchase orders are sorted by ID. The user can sort and filter using other fields.
Reporting capabilities.
Reports on number of orders, sales, costs and profits are available.
Must-have
Real-time data on number of orders, sales, costs and profits is available and can be filtered.
Sync orders with invoices.
Order creation and updates use existing invoices to synchronize purchase order data.
Must-have
The user can use existing invoices for order creation and updating.
Make invoice data available for integration with purchase orders.
Handle shipping labels.
The user can create shipping labels.
Must-have
Items can be updated with shipping label information.
Releases
Release
Date
Features
Dependencies
SimpliCompense Inventory Management 1.0
June 13, 2024
Item and inventory creation and update.
None.
SimpliCompense Inventory Management 1.5
July 22, 2024
Inventory tracking and purchase order creation and management.
Inventory management.
SimpliCompense Inventory Management 2.0
August 26, 2024
Reporting capabilities and integration of invoices and purchase orders.
Purchase order and inventory management features. Invoice data must be available for integration.