Mandrel provides modern accounting services specifically designed for consumer brands, combining software automation with expert review. The platform delivers real-time financial intelligence, including live views of revenue, cost, and inventory data down to the SKU level. This results in accurate, audit-ready financial books that scale alongside business operations.
Funding
Funding not disclosed
Founders
Product
Problem
Consumer brands often struggle with manual, error-prone processes for tracking inventory and calculating the cost of goods sold (COGS), leading to inefficiencies in supply chain management and financial reporting. This lack of real-time visibility into inventory levels and landed costs hinders effective decision-making and impacts profitability.
Solution
Mandrel AI offers an operations data platform that automates inventory and COGS tracking, accounting, and planning for consumer brands, leveraging AI-driven data capture and real-time analytics. The platform transforms inventory documents, such as purchase orders and goods receipt notices, into structured, searchable data with built-in operational context. By automatically calculating landed costs in real-time by SKU and location, Mandrel AI provides instant visibility into actualized landed costs, enabling confident product pricing and proactive COGS management. The system streamlines PO management with real-time tracking and seamless document collection, linking POs to related documents and automatically updating PO status and SKU costs.
Target Audience
The primary target audience includes consumer brands seeking to automate inventory operations, improve supply chain visibility, and streamline financial reporting.
Features
- Automated document data capture transforms inventory documents into accurate, structured, searchable data.
- Real-time landed cost calculation by SKU and location, including indirect costs.
- Live inventory tracking by SKU, status, and location, with automatic updates for each inventory event.
- Streamlined purchase order (PO) management with real-time tracking and document linking.
- Automated inventory and COGS accounting with reconciliations, accrual support, and batched journal entries.
- Inventory planning tools that automatically update historical sales and inventory data and forecast future needs.
- Centralized product data management for operations and logistics data across locations, vendors, and items.