Inventory Software for Small Business Free Download. There are so many options to choose from and so much information on this subject. So we did the work to filter out the best inventory software for small businesses and put it in a fast to use buyers guide.
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Odoo: Best Free Inventory Management Software for Warehouses and Dropshipping
Overall Score: 4.21 OUT OF 5 i
What We Like
- Inventory forecasting
- Sales and customer portal
- Order points and automated requests for bids
What’s Missing
- No customizations
- No integrations, only with other Odoo apps
Odoo Free Plan Pricing and Limits:
- Users: Unlimited
- Locations: Unlimited
- Items: Unlimited
- Transactions: Unlimited
- Paid Plans: $36 per month if you use it with other Odoo apps
Odoo offers its inventory management app for free as a standalone product. The inventory app alone contains nearly every function you need for straight inventory processing. However, there is a fee to connect other Odoo products. With no limits on users, locations, or items, Odoo is a great choice for warehouses and dropshippers with high-volume sales.
Based on our evaluation, Odoo earned a 4.21 out of 5, earning high marks for its unlimited allocation for users, items, transactions and warehouse locations even on its free plan. The lack of integrations available prevented the software from earning a perfect score.
Odoo Free Inventory Features
From the dashboard, you can access all activities such as delivery orders, receptions, dropshipping, or keep an eye on backorders and laid items. (Source: Odoo.com)
- Handles digital products and consumables
- Double-entry inventory management (items are moved rather than removed)
- Unlimited products, users, locations
- Multiple locations, including zones, rows, shelves, and more
- Barcode scanning
- Cycle counting
- Scrap products, transfer stock
- Custom alerts on products or suppliers
- Schedule inventory operations based on product availabilities or order forecasting
- Automated request for quotes
- Barcode or serial number tracking
- Custom fields, expiration dates, multiple units of measurement
- Multiple valuations: FIFO, LIFO, Average Cost, Landed Costs, and more
A look at Odoo’s mobile app on an Android device. Inventory is just part of a network of Odoo applications.
(Source: Google’s Play Store)
When to Upgrade
Odoo Inventory is free forever as long as it’s the only Odoo app you use. However, if you need to integrate other functions such as accounting or purchase orders, then you would need to upgrade and to use other Odoo applications. Since it is only designed to work with other Odoo applications, like Sales, Purchase, or Accounting, your choice will be limited and if you add these applications, you will then be charged a subscription price for Inventory, plus the other apps. This can add up fast.
Square: Best Free Inventory Management for Unlimited Products
Overall Score: 3.79 OUT OF 5 i
What We Like
- User-friendly platform
- Unlimited products including variants like size and color
- Syncs across online, mobile, and in-store sales
What’s Missing
- Relatively basic features
- No supplier, purchasing, or barcode features
Square Free Plan Limits:
- Users: Unlimited
- Locations: Unlimited (though cross-location item tracking is not supported)
- Items: Unlimited
- Transactions: Unlimited
Square is the best free point-of-sale (POS) system for small businesses, and it also includes a complete set of inventory tracking tools for unlimited products and users. It even offers an ecommerce platform, which we consider ideal for storefronts. Square is the best fit for retailers looking to manage inventory for free and sell in-store, online, via invoice, or mobile.
Square earned an overall score of 3.79 out of 5 on our inventory management ranking. It earned the highest scores for ease of use, pricing, and our expert ranking. The only things that kept Square from scoring higher were the lack of kitting and bundling abilities, purchase ordering, and vendor management.
Overall, we recommend Square if you are looking for an all-in-one solution (ecommerce, point-of-sale-system, and inventory) for your storefront business.
Square Free Inventory Features
You can manage details like names, quantities, or prices quickly and easily from the Square Dashboard or directly on the Point-of-Sale app. (Source: Square)
- Create product or item categories
- Add pictures, descriptions, and SKU numbers to each item
- Add and track item modifiers like colors and sizes
- Import and manage products in bulk
- Create automated low stock alerts
- Download reports or export to a printable spreadsheet
- Unlimited products, users, and locations
When to Upgrade
The free version of Square doesn’t include advanced inventory tools like kitting or bundling (connecting several unique parts or items under one SKU), purchase order management, vendor management, COGS tracking, or cross-location inventory tracking. For these features, you’ll need to upgrade to Square for Retail for $60 per month. Read our full Square POS review to find out why it’s the best free inventory management software for retailers.
inFlow On-Premise: Best free inventory management option
4.1
- Starting from $0.00/mo.
Unlimited warehouses
Advanced dashboard reports
Local software option for Windows
Data as of 11/12/21. Offers and availability may vary by location and are subject to change.
inFlow On-Premise (the free, local software version of inFlow’s more robust cloud solution) packs a punch.
In addition to tracking your inventory levels, this app can help you track completed and pending payments, generate purchase orders, process invoices, and more. It can also track costs for each item, helping you produce a more accurate cost of goods sold (COGS) calculation as part of your accounting.
inFlow On-Premise also provides in-depth reporting on your inventory, and it allows you to set up structured workflows that help you track the sales process from order to payment. inFlow On-Premise is also barcode compatible, so you can use barcode scanners to look up items and add them to your orders. You can even scan items using one of the best free inventory apps on the market.
The downsides: While inFlow Cloud allows you to integrate with ecommerce platforms like WooCommerce, Magento, and Shopify, the On-Premise version offers only Shopify integration. It also doesn’t accommodate kitting, accounting integrations, or product variations. And once you hit 100 products or customers, the system stops allowing you to add more without upgrading to the inFlow Cloud service.
You should also keep in mind that inFlow is a PC inventory software, so you’ll need to install a virtual copy of Windows if you want to use the system on a Mac.
All of that should be fine, though, if you’re trying to manage inventory for a small business or you’re just dipping your toes into inventory management software to see if it’s worth the trouble.
Conclusion
Selecting inventory software for small business is highly important. Without having the needful tools to keep an eye on your business inventory, you may fall behind on money or risk losing your reputation due to poor inventory management. With so many e-commerce softwares in app stores these days, finding the right one that fits your business needs may turn out to be a daunting task.