Inventory counting services cost is the total expense incurred by a business for using an outside contractor in order to count their inventory. It can include costs related to the labor of contractors and other materials used in the process such as software. This service helps companies accurately monitor the quantity and value of stock on hand, raise alerts for low-inventory levels and detect any discrepancies between actual physical counts versus what’s reported in a company’s records. Making sure that your business maintains accurate inventory data will help you make sound decisions regarding future product orders, increase productivity, and improve profitability.