Inventory Reconciliation & Data Cleanup
Reconcile physical inventory to system records and clean up data
Overview
Reconciliation services generate $100,000-$800,000 annually with 75-90% margins.
In 2025, accurate inventory data requires reconciliation.
Revenue from inventory reconciliation projects ($3,000-$50,000), inventory data cleanup and correction ($2,000-$30,000), variance analysis and investigation ($1,500-$15,000), inventory system implementations, physical to book reconciliation, and ongoing reconciliation services.
Successful services reconcile count results to system inventory, investigate and explain variances, correct inventory data and errors, identify root causes of discrepancies, update inventory records accurately, and document reconciliation findings.
Businesses after inventory counts or system changes as clients.
Marketing through inventory counting services, accounting firms, ERP implementation partners, data accuracy focus, and variance resolution expertise.
Required Skills
- Inventory Reconciliation
- Data Analysis
- Variance Investigation
- Excel & Data Tools
- Inventory Systems
- Problem Solving
Pros and Cons
Pros
- Complement to inventory counting services
- Recurring need after each inventory count
- Help businesses maintain data accuracy
- Lower overhead than counting services
- Can work remotely with inventory data
Cons
- Lower fees than physical counting
- Need inventory system knowledge
- Variance investigation time-consuming
- Client data quality varies
- May uncover client operational issues
How to Get Started
- Build inventory reconciliation expertise
- Learn common inventory systems
- Develop reconciliation and analysis tools
- Market to businesses and counting services
- Receive physical count and system data
- Reconcile and investigate variances
- Deliver reconciled inventory and findings
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