Q: Can we get you to pay us a visit without obligation?
A: Yes, of course. Just contact us.
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Q: Isn’t a full count more secure? I really want to know what I have in stock.
A: If several thousand items must be counted, according to our experience, many errors slip in during counting and transmission. For lack of time, it's impossible to do a check and correction. These errors are then entered into the books. The procedures allowed by the authorities and implemented in our products ensure that random sample inventory is at least as exact as a full inventory.
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Q: What do I need to implement random sample inventory?
A: Stock of at least 1000 items, IT-supported stock management, and certified software for the random sample inventory. To learn more, see prerequisites.
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Q: Does the software use the latest technology?
A: Yes, the Stat Control systems are updated and improved regularly. They are real Windows applications that run on Win2000 and XP.
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Q: Are Stat Control GmbH’s systems recognized by auditors and the tax office?
A: Yes, because all Stat Control systems are subjected to a very detailed inspection by well-known auditing companies and they are all certified.
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Q: In which programming language are the systems developed?
A: For reasons of compatibility with Windows systems, the programs are written in Visual C++.
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Q: What interfaces do STASAM and STASEQ have?
A: By default, ASCII interfaces, which permit problem-free data exchange with all existing ERP and merchandise management systems. For some systems, such as those by ABS or SSA / BaaN, there are also direct interfaces. Essentially it is possible to implement a direct interface for any system.
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Q: How long do installation and training take?
A: As a rule, only one day.
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Q: What’s the difference between STASAM and STASEQ?
A: STASAM is a random sample procedure that calculates the number of items to be counted using the item values (quantity * price). After counting the randomly-selected items, a value-based extrapolation is conducted across the entire stock value and compared with the stock book value.
STASEQ requires higher inventory security than STASAM. With STASEQ, 30 items are selected randomly and compared with the counted quantities. If no deviation is found, inventory is then complete (yes/no decision without considering the value).
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Q: How much counting effort is required with STASAM or STASEQ?
A: With STASAM, approx. 3-10% of the population (incl. the 50% stock value as complete inventory count desired by the auditors) must be counted; however, this depends on the structure of the stock.
With STASEQ, in 99% of the cases, the goal is accomplished with 30 items counted.
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Q: Do items without inventory have to be considered in the total?
A: In principle yes, since there must also be sporadic proof that these items are without inventory. However, items without inventory that had no access or no transactions in the current fiscal year do not have to be considered in the total.
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Q: What estimation methods are used in STASAM?
A: STASAM uses all permissible estimation methods: free average estimation, difference estimation, relational estimation, and regression estimation. Calculation is carried out with the help of a certified algorithm that determines which of these estimation methods is the best and most secure method for the inventory.
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Q: How should the ABC analysis be conducted?
A: Not at all. The division into value classes (value-based ABC analysis) and value layers is handled automatically by STASAM. The user doesn’t have to worry about this.
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Q: Does STASAM / STASEQ also create counting documents (original documents)?
A: Yes, all of them. The design corresponds precisely to the auditor’s requirements.
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Q: We would like to know whether there are other users in our industry. Do you provide references?
A: We have customers in nearly all industries with different stock organizations. We will gladly provide you with references and make contact for you.
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Do you have additional questions? Please contact us!