Inventory management and monitoring are such important aspects of managing a productive business. Inventory management and meeting customer expectations are additional responsibilities that can exhaust management to the point of exhaustion.
Because inventory management and maintenance is an important aspect of building a small business, there are countless software alternatives available to assist you in keeping a record of your reports. So how can you decide which software to use when there are so many others? For each sort of organization, we’ve compiled a list of our best-approved stock control software. But, in the end, the best option for your business is determined by your specific supply requirements.
Top 7 Best Inventory Management Software for Small Business
- inFlow – software best for appropriation pick
- Ordoro – software best for electronic marketing
- Fishbowl – software best for products manufacturing
- Cin7 – software best for business resource scheduling options
- Upserve – software best for cafes
- Fishbowl Warehouse – software best for rating warehouse
- Zoho Inventory – software best for small companies
1. inFlow Inventory – Best software for appropriation pick
Pricing: starting from $79 per month
InFlow Inventory is a superb inventory tracking software for small enterprises on a spending plan. InFlow provides the best free stock control service available, in today’s perception. InFlow’s subscription packages, which cost $79.00 each month and include more tools, are some of the most affordable offered. In addition, several of inFlow’s inventory management functions are computer-controlled, making it incredibly simple to utilize. It does have a terrific cell phone application that allows you to detect barcodes and notify your sales representatives and stock supervisor up to date on stock product prices.
But there’s another factor to take note of. Since it is smaller than the alternative tools on the list, inFlow Inventory is less expensive. Though it simplifies inventory management, inFlow has a monthly quota on how many transactions you can handle before being paid extra. The most pricey initiative, for instance, comes with 10,000 monthly sales transactions. You’ll be billed around $19.00 and $29.00 for each bundle of Fifty purchases over the quota if you need to manage more requests.
| Pros | Cons |
| One of inFlow’s most appealing features is its user-friendly platform. | inFlow isn’t as cohesive as some of the other popular integrations. |
| Barcode scanning is integrated. | It has a limited number of inventory control features. |
| Customer service is excellent. |
2. Ordoro – Best software for electronic marketing
Pricing: starting from $59 per month
Whenever you are just navigating various retail outlets, it’s difficult to exercise appropriate inventory management strategies. Ordoro, luckily, helps make retailing across multiple channels a breeze. Users can generate professional product lines inside your stock management with Ordoro, which allows you to keep updating synopses, pictures, brand image, and more throughout all your product lines at your leisure. Ordoro also has vendor management tools that make affiliate marketing simple. Vendors can be assigned to relevant goods in your collection, for example. After which, if a consumer purchases these same products, Ordoro can deliver the products to the suitable vendor instantaneously, eliminating the intermediary, increasing customer satisfaction, and guaranteeing your buyers end up receiving their products as swiftly as possible.
Ordoro also allows for informal inventory management strategies, which we appreciate. For example, you can smartly overcharge your products or restrict the quantity of in-stock products viewable to your buyers, both of which generate the aura of insufficiency and encourage prospective customers to finalize their purchasing process. Finally, this allows you to make a higher profit and avoid maintaining costly surplus goods.
| Pros | Cons |
| Ordoro takes advantage of this relationship to offer top-notch shipping and dropshipping services to its subscribers. | In the introductory package, there are no inventory management tools. |
| Ordoro is likewise simple to use, with a straightforward interface that makes finding what you’re seeking a breeze. | Slow synchronization, no forecasting, and no mobile access are all issues. |
| Customer service is outstanding. |
3. Fishbowl – Best software for stocks producing
Pricing: starting from $1,795 to $8,895
Because of its extensive product development functionalities, Fishbowl is the prime option for producing firms. To begin, Fishbowl allows you to construct complex material regulations of materials. Multi-level material bills are available on the site, enabling you to monitor operating expenses for each work you accomplish piece by piece. You can quickly synchronize your inventory and accounting platforms to maintain a check of these expenditures because Fishbowl’s stock tools are designed to interact with QuickBooks banking software. Multi-level schedules are also available in Fishbowl, allowing you to aggregate project tasks across many production phases to form a holistic supply blueprint. Also, every cycle can be allocated to a particular worker and comes with its own set of guidelines and computations.
This permits you to maintain a good check on your manufacturing activities while also assisting your customers with project supervision. Please remember that Fishbowl is only accessible on laptops and desktops because it is a locally installed program. You’ll have to pay additional money for the Fishbowl Move add-on if you want predictive analytics and other storage processes on the go. Fishbowl is not even an internet stock management system like all other internet inventory management solutions. Rather, it’s a piece of locally installed software that only exists on your machine.
Fishbowl does not include subscription packages or monthly payments because it is a one-time payment. Instead, you can pick from 2 options: Fishbowl Warehouse and Fishbowl Manufacturing. The application is then downloaded after you charge a one-time fee. Your company’s payment will be determined by the number of users it has. Even though Fishbowl does not post the pricing on its website, we were able to obtain some additional information regarding how the pricing works.
| Pros | Cons |
| Your real-time inventory management software does not require you to incur a monthly subscription. | Fishbowl’s software and analytics don’t have a lot of flexibility alternatives. |
| The software is simple to set up, particularly if you choose one of Fishbowl’s in-house or on-site training options. | The shipment features of the software can be quite buggy. |
| Support modules for integration and migration | – |
4. Cin7 – Best software for business resource scheduling options
Pricing: starting from $299 per month
Cin7 is a multi-functional inventory management software. It’s a retail store for all of your company requirements, from stock administration to POS and production far more everything apart from financial reporting application. Many organization cycle administration application offers components for every part of your organization (such as budgeting, point of sale, stock, and logistics), and you pay for each item you put in your budget. As a result of these expenditures, Erp software is outrageously costly for all but the larger businesses.
Cin7 challenges the norm by including built-in features as part of every design. Cin7 includes Business-to-business online sales capabilities, production capacity, and even a transaction platform, in accessory to a seamlessly engaged POS process. It is on top of the asset management, inventory management, and request completion capabilities you’d want from a stock control system. Cin7 also includes extensive requirement prediction and digital assistance, as well as five-minute cross-channel synchronizing. This guarantees that you have a flexible supply chain that is always constantly updated, allowing you to handle your stock effectively and efficiently.
Cin7 aspires to be a leader in inbound marketing. To put it another way, Cin7 assumes you’re marketing your brand through various networks, and that if you don’t already have several stores or local shops nationwide, you’re working to get there. As a result, a powerful inventory management solution with extensive capabilities for omnichannel enterprises is available without breaking the bank.
| Pros | Cons |
| Throughout the onboarding process, you will receive complete assistance. | There isn’t any asset tracking at the enterprise level. |
| System of integrated POS |
5. Upserve – Best Software for Cafes
Pricing: starting from $59 per month.
Since cafés handle their inventory uniquely than other industry sectors, they require more than conventional recurring billing. Luckily, Upserve is a café inventory tracking software.
Upserve offers a flexible inventory technology for eateries’ specific requirements. In comparison to some inventory management software programs, Upserve places a stronger emphasis on time stamp monitoring and high-quality distribution network requirements (such as pasteurized shipment). Upserve has spent a lot of time and effort developing its POS software’s offline features. This function is especially useful for eateries with sporadic internet access. Even if your internet connection is reliable, an outage on a busy night might bring a slew of issues.
Furthermore, Upserve has tools designed specifically for eateries. Users may, for example, utilize the Upserve software package to build menus for the foods you produce, tailoring each one with the exact spices and quantities required. Upserve can after this charge those fractions from your sales volumes for the recipes utilized when you market that meal. You could also still use this tool to figure out how much to charge for your items on the menu and trail recyclables. You also like that Upserve has an inbuilt POS app, albeit we don’t care that you have to use (and subscribe for) Upserve’s private POS software.
| Pros | Cons |
| Upserve is a POS platform devoted to the foodservice industry | Upserve is not a low-cost point-of-sale system. |
| Upserve also includes several essential components that most of its counterparts lack, such as an offline mode. | – |
| Worker management technologies assist you to concentrate your training by making scheduling easier and providing useful statistics on worker progress. | – |
6. Fishbowl Warehouse – Best Software for Rating Warehouse
Pricing: starting from $59 per month.
Scanning stock rates, selecting and stuffing purchases, and shipping things to clients are all simple tasks using Fishbowl Warehouse. You also won’t be charged a subscription charge for your inventory control tools. You can keep a record of separate piece inventories with Fishbowl Warehouse (not just complete products). This helps you to record production, warehousing, and manpower expenses for each unit in your store, resulting in a more precise and complete price of products supplied computation. Fishbowl’s full integration with QuickBooks financial app means you can even get assistance estimating your cost of goods sold.
Fishbowl store also has installed UPS shipment capabilities, so you can develop labor arrangements and goods receipts exactly from your record software. Fishbowl also accepts additional warehouses, allowing it to handle higher complicated marketing strategies than most of the competing stock control tools strategies. You may also install the Fishbowl Go add-on for your smartphone, which permits you to capture barcodes quickly. Because Fishbowl is a native software, you only have to buy a one-time price and have entry to your supply software for the rest of your life—there is no monthly charge.
| Pros | Cons |
| Your real-time inventory management software does not require you to make a monthly subscription. | Customer service is bad |
| The application is simple to set up, specifically if you choose one of Fishbowl’s in-house or on-site learning options. | Fishbowl’s software and analytics don’t have a lot of flexibility choices. |
| Different warehousing and manufacturing products | – |
7. Zoho Inventory – Best Software for Small Companies
Pricing: starting from $15 per month
Relatively small businesses do not require all of the resources and functionalities that a large corporation does. Small businesses can benefit from Zoho’s free and low-cost plans, which are geared for enterprises that get a limited number of orders per month. There’s a lot to like about Zoho Inventory. To begin, Zoho features a rather complete free package that enables users to take preorders on out-of-stock products, set up drop freight, and manage multi-currency payments. This allows small firms to maintain track of their inventories without having to bother about their expenses.
However, if you want to increase your subscription, you will gain access to more benefits. You may synchronize numerous Shopify shops to your membership, maintain various warehouses, maintain serial numbers and batches, and control several warehouses.
However, we believe that Zoho is best suited to small organizations. Firms are restricted to thirty thousand overall online and physical sales each month, regardless of the software’s most expensive package. Zoho likewise places constraints on your receipts, warehouses, packaging cards, and shipping documents, which is inconvenient given that alternative software prices are around the same and don’t.
| Pros | Cons |
| Zoho Books provides a great smartphone accounting solution that supports both iOS and Android devices. | In the United States, Zoho does not integrate with payroll. |
| Zoho is a fully automated software | Its packages are expensive. |
| Zoho’s cloud-based accounting software is incredibly user-friendly, making it excellent for newcomers to the accounting industry. | – |