Want to cut straight to the chase? The best Sales and Inventory Software right now is Zoho.
Keeping track of your business’s inventory is critical to making sales and keeping the flow of customers steady. A good inventory software takes the stress of sales maintenance off your hands, but it is crucial to choose a system that best fits the needs of your business.
While tracking the inventory and sales of a small business may differ from the needs of a worldwide franchise, the standards of functionality, ease of use, and rates of success are similarly high. To help you determine what your business needs, we have compiled a list of the best sales and inventory software on the market.
Top 7 Sales and Inventory Software
| Brand | Starting price | Best for |
|---|---|---|
| 1. Zoho | $999/month | Large business |
| 2. NetSuite ERP | $0 – $239/month | Small business |
| 3. CIN7 | $299/month | Customization |
| 4. Upserve | $59 – $359/month | Food service |
| 5. Orderhive | $95 – $500/month | E-commerce |
| 6. Fishbowl | $4395 one time | Warehouse management |
| 7. Lightspeed Retail | $69/month | Retail stores |
1. Zoho – Best sales and inventory software for small business
PRICING: $0 option for fewer than 50 orders per month, $239 for unlimited orders
Small businesses using the FIFO method (first in, first out), or those involved in expansive dropshipping, may find success with Zoho’s scalable inventory platform. This inventory software is great for small businesses engaged in any kind of trading business which requires very few warehouses, and it can easily simplify product management and CRM at a low cost.
KEY FEATURES:
- Multiple language and currency options for worldwide business
- Scalable pricing plans
- Mobile app
- Vendor management
REASONS TO USE:
- Easy to use
- Clear inventory reports
- Functional free plan for new businesses
- Great for small trading businesses and dropshipping
REASONS TO AVOID:
- The largest plan option is limited to a maximum of 15 warehouses
- No forecast options
» MORE: Top Software for Outbound Sales
2. NetSuite ERP – Best sales and inventory software for large business
PRICING: Costs begin with a baseline $999 monthly licensing fee, plus a $99 fee per-user
NetSuite’s ERP sales management software is an elaborate take on full automation and organization of inventory and sales, and it is a strong candidate for larger businesses that need to keep up with company growth. This software is intended to successfully automate the inventory process in its entirety, allowing you to categorize your inventory by value and demand, and to set up restock settings so you can easily keep up with orders and avoid long wait times or backorders. This platform is priced based on your needs as a business, so costs can differ significantly depending on how much support you want from the software.
KEY FEATURES:
- Hierarchical tracking of business locations
- Automated inventory storage across physical locations
- Full accounting software
- Daily financial overview
REASONS TO USE:
- Convenient options for global business, including global taxation support
- Advanced warehouse management capabilities
- Cash flow tracking options
REASONS TO AVOID:
- Potentially a large financial burden depending on how many advanced options your company requires
- Customer support can be hard to reach
There are almost endless choices for sales and inventory software, and it can make picking the right software for your company a daunting task. Whether you are a small business looking to organize inventory and keep your costs low, or a growing corporation in need of heavy-duty automation, this list has all the best options on the market to get you started.
» MORE: Top Software for Sales Prospecting
3. CIN7 – Best sales and inventory software for customization
PRICING: Lowest plan option starting at $299
If your business is looking for a way to employ the incredible power of ERP, or enterprise resource planning systems, CIN7 is a phenomenal way to get all the best of ERP platforms at a much more reasonable price point than its competitors. While this inventory software option is more expensive than most others on this list, it provides a full suite of tools to completely integrate your sales process into one system and customize it to fit you and your business seamlessly.
KEY FEATURES:
- Flexible inventory choices
- Multiple users
- Native POS
- Serial tracking
REASONS TO USE:
- Great for B2B e-commerce
- All-in-one ERP
- Accessible forecasting tools
REASONS TO AVOID:
- More expensive than other available inventory software
- Platform is harder to learn
>>MORE: How Do Software Companies Get Sales? | What Software Is Used For Sales? | Sales Intelligence Software | Accounting Software For Manufacturing Businesses
4. Upserve – Best sales and inventory software for foodservice
PRICING: Plans begin at $59, up to $359
For restaurants looking to fully incorporate their business, from wait staff to management, into one smooth system, look no further than Upserve. This inventory and sales software option allows businesses to easily track inventory down to each drop of a recipe and quickly restock items through the app. Upserve makes it easy to track guest trends, monitor tables and room space in real-time, and manage vendors all in one place. The company offers a restaurant-grade physical POS system with offline capabilities to keep your restaurant running in any situation.
KEY FEATURES:
- Recipe cost tracking
- Offline mode
- Native POS system
- Replenish low inventory in-app
REASONS TO USE:
- Track guest choices and trends
- Menu analysis
- Accurately track ingredients
REASONS TO AVOID:
- Offline mode is unpredictable
- Slightly lower quality to price value
» MORE: NetSuite vs Salesforce: Which Is Better For You?
5. Orderhive – Best sales and inventory software for e-commerce
PRICING:
Orderhive, which is now a CIN7 offshoot, is a great software choice for e-commerce businesses, including dropshippers and freelancers. This system allows users to get some of the benefits of the CIN7 software at a more accessible cost.
KEY FEATURES:
- Multiple users
- Easy-to-use POS system
- Automated purchase order creation in some plans
REASONS TO USE:
- Good POS system
- Serial number tracking system
- Easily bulk edit and delete inventory
REASONS TO AVOID:
- Cheaper plan options have very limited features
- No customer account tracking
- Third-party integrations are inconsistent
» MORE: Small Company Sales Software
6. Fishbowl – Best sales and inventory software for manufacturing management
PRICING: One-time starting price of $4395
Don’t let the large price tag scare you – Fishbowl could be the perfect software choice for your business if you are looking for support in warehouse and manufacturing management. After a one-time purchase of the system, Fishbowl’s software allows users to track raw materials and create full automation of your company’s inventory in both manufacturing and in the warehouse. This software is especially useful if you have a wholesale distribution business that requires a relatively large-scale system.
KEY FEATURES:
- Accounting integration
- Barcode scanning
- Catalog management
REASONS TO USE:
- Easily manage backorders
- RFID support
- Reliable mobile access
REASONS TO AVOID:
- Hard to manage operating problems without customer support
- Steeper learning curve
- Large upfront cost
» MORE: Tips, Insights, and Best Practices for SaaS Sales
7. Lightspeed Retail – Best sales and inventory software for retail stores
PRICING: Basic plans start at $69, highest level pricing upon request
For brick and mortar stores, a strong POS system is critical to success. And in today’s world, having a POS and inventory system that can track both online and in-store orders is critical for business growth. Lightspeed Retail is a great sales and inventory software to do just that, as it allows your business to easily sync e-commerce inventory with your in-store files and keep prices, discounts, and promotions all in one place. This software gives you the opportunity to easily check out customers in-store and still manage inventory and sales online to continuously grow your presence and keep up with new sales.
KEY FEATURES:
- Discount automation
- Ecommerce and in-store integration
- Sales history tracking
REASONS TO USE:
- Easily sync online inventory with in-store status
- Ability to make bulk price adjustments
- Can be used on an iPad for quick check out in-stores
REASONS TO AVOID:
- Cheapest plan option does not allow for e-commerce integration
- Does not work for franchise companies with multiple store owners
>>MORE: Grocery Store Accounting Software | Accounting Software For eBay Sellers | Inside Sales Software | Craft Business Accounting Software
References and Links:
- https://www.business.org/finance/inventory-management/best-inventory-management-software/
- https://themeisle.com/blog/best-inventory-management-software/
- https://www.softwareadvice.com/retail/breadcrumb-profile/
- https://www.getapp.com/operations-management-software/a/orderhive/compare/cin7/
- https://www.investopedia.com/best-inventory-management-software-5088863
- https://www.capterra.com/p/123794/Fishbowl/#features
- https://fitsmallbusiness.com/best-inventory-management-software/
- https://www.softwareadvice.com/retail/lightspeed-profile/
- https://financesonline.com/top-10-inventory-management-software-systems/
- https://www.netsuite.com/portal/products/erp.shtml
- https://www.businessnewsdaily.com/oracle-netsuite-review.html