1. Improve Decision-making. by analyzing stock aging data, financial controllers can Make data-driven decisions on inventory replenishment, pricing strategies, and supplier negotiations.

2. Optimize inventory management. Identify slow-moving items, excess stock, and potential stockouts to Streamline inventory levels and reduce carrying costs.

3. Enhance financial control. monitor stock movements, track costs, and Analyze stock aging trends to ensure accurate financial reporting and compliance with accounting standards.

4. Drive cost savings. Identify opportunities to reduce obsolete inventory, negotiate better terms with suppliers, and Improve cash flow through efficient inventory management practices.