When inventory isn’t counted correctly, small errors can lead to large business risks. Inaccurate numbers may affect audits, financial reports, and day-to-day operations. That’s why we use the Monarch Way, a five-step inventory process built from years of real-world work.
This approach combines trained people, clear methods, and trusted tools to help clients across retail, healthcare, and industrial sectors stay accurate and audit-ready.
What is the Monarch Way?
The Monarch Way is how we manage inventory. It’s not just about counting. It’s about planning the job, catching errors early, and making sure your data is solid from start to finish.
Our process works because we use it every time. It doesn’t matter if the job is big or small. The same clear steps help us stay on track and avoid problems.
Here’s how our 5-step inventory process works:
- Planning
We start by learning about your site. We set clear goals, timelines, and a scope for the job. This step helps us prevent delays and confusion. - Counting and Verifying
Our team counts every item and checks as we go. If something seems off, we stop and fix it. We don’t rush; we do it right the first time. - Reconciling
Once we finish counting, we compare our numbers to yours. If there are differences, we dig into the cause. We make sure everything matches before moving forward. - Auditing
This step is what makes the Monarch Way different. We go back and double-check the results. Our audit step helps you feel ready for outside reviews and year-end reporting. - Closing the Project
We wrap things up with a full report. You get clear records, clean data, and a final review of the job. Nothing is left open or unfinished.
Why the Audit Step Matters Most
Some companies skip the audit step. We don’t. It’s too important.
The audit step helps us catch mistakes before they become big problems. It gives your team the confidence that the numbers are right, especially before year-end or financial audits.
Here’s what it helps with:
- Verifying your count before you meet with outside auditors
- Catching issues that could affect your books or reports
- Fixing small problems before they grow
Even if you handle your own inventory, we can step in at the audit stage. Acting as a third party helps bring peace of mind to your finance or leadership team.
Need a third-party inventory partner? If you need help with your inventory before an audit or review, we’re here. We can handle the full job or just the audit step. Contact Monarch Inventory Services today for a free consultation.
How the Monarch Way Works in Different Industries
We know every business is different. That’s why the Monarch Way isn’t one-size-fits-all. We adjust the process to fit your needs.
Retail
Retail locations move fast. There are lots of items and not much time to count. Our team works around your hours and keeps operations running. We cover the floor, stockroom, and back office without getting in the way.
Healthcare
Hospitals and clinics need careful tracking. Medications, supplies, and equipment all have special rules. We count these items with care, making sure nothing is missed or misreported.
Industrial
Factories and warehouses often deal with high-value items. A small error here can mean a big loss. We focus on full accuracy and audit support. Our tools and team help keep your numbers clean and trusted.
Powered by People, Process, and Technology
The Monarch Way works because we bring three things together: the right people, a clear process, and smart tools.
- People: Our team is trained and professional. We know how to count, verify, and solve problems on the spot.
- Process: Our five-step system keeps us on track. It makes each job smooth and repeatable, no matter the size.
- Technology: We use our own software and hardware. These tools help us capture fast, accurate data without manual errors.
Together, this system gives you more than a simple count. It gives you better insight into your business.
Why Clients Trust the Monarch Way
Some clients handle their own counts. That’s fine, we still help as a second set of eyes. When we audit after the fact, we often find things others have missed. In some cases, this has saved companies from major reporting issues.
Auditors from firms like Deloitte and KPMG have told us our work makes their reviews go faster. That’s because everything is neat, clear, and ready to check.
Ready to Start?
If you need a third-party inventory team or audit help, let’s talk. We can handle full counts, audits, or both. The Monarch Way is here to give you better results and less stress.
Contact Monarch Inventory Services today to schedule your free consultation. Let’s make your next inventory project your easiest one yet.
