Do you need best inventory management software? Well, if it’s yes, then this article is for you. Today we are going to find out some best inventory software available in the market for inventory management and business to business management. Inventory management software manages your stock and sales operations and provides a better outlook of your business. These days you can find many online inventory software but offline software has its own benefits like offline inventory management software can be used anywhere where there is no power supply.
Inventory management software is essential for providing a firm control and tracking over the quantity of items. Whether you are an online retail store or one that has an aim to build a massive inventory in offline, be it food or automobile, you have to have automation in place especially for inventory management. These days there are many business inventory software available on the internet which makes the task easy and provides best solutions easily.
Zoho Inventory
Zoho Inventory Pricing
- Free: 50 monthly online orders, one warehouse, two users
- Standard: $79/month for 1,500 online orders, two warehouses, three users
- Professional: $129/month for 7,500 online orders, five warehouses, five users
- Premium: $199/month for 15,000 online orders, seven warehouses, 10 users
- Elite: $299/month for unlimited orders, 15 warehouses, 15 users
Zoho offers a variety of products for small businesses and often makes our best-of lists because it provides great value for the price. Zoho Inventory lets you handle multiple warehouses, ecommerce, and purchase orders. The system has advanced bundling and kitting features for combining multiple SKUs, is customizable to different types of businesses and use cases, and has an intuitive interface. It’s the cheapest of the inventory systems on our list, except for Orderry and EZRentOut, and it’s the only one that offers a permanent free plan that’s excellent for limited use.
Zoho Inventory earned the highest score (4.71 out of 5) out of any inventory management software considered. The warehouse management system received perfect scores on its inventory features and was the leading software for ease of use too. It ranked second for pricing. While it got a perfect score for the features we looked for, you may find more specific tools in Agiliron, Override, and Katana, which—along with limited customer support hours—hurt its score.
Zoho Inventory Features
| Standout Features | App for Android (4.6 stars rating on Google Play) and iOS (4.6-star rating in App Store): Add items, manage sales orders, view warehouse stock, track items, and fulfill orders from your phone or tablet |
| Works for | Retail, ecommerce, multinational, dropshipping, warehouses, manufacturers |
| Ease of Use | Overall easy to use, with intuitive navigation; users say setup can be overly complex; three levels of support, with paid support 24/7; training available |
| Tracking | Track items, set reorder points, create reminders, and note preferred vendors |
| Purchase Orders | Create purchase orders manually or via online sales, generate shipping labels, and get shipping updates |
| Barcoding | Barcode scanning auto-populates your fields when you create invoices, sales, or purchase orders |
| Sales Channels | Amazon, eBay, Etsy, Shopify, Zoho Commerce; more via third-party integration |
| Integrations | 10+ shopping carts, 30+ shipping carriers, seven CRM software, two accounting platforms, eight payment processors, Slack, Microsoft, more |
| Advanced Features | Composite function for kitting, batch tracking, expiration dates, real-time shipping rates, and in-transit details |
| Customer Reviews | Customers say Zoho is easy to use and a good value, but they report some issues with ecommerce integration and would like stronger CRM features and bin assignment |
Orderhive
Orderhive Pricing
All plans include one user, unlimited SKUs, and integrations
- Lite: $49.99/month, includes email and chat onboarding support
- Starter: $149.99/month, includes personal support, automation
- Growth: $299.99/month, includes premium integrations, four hours of employee training
- 15-day free trial
- Free plan for Shopify users
If you run an ecommerce or have a dropshipping business and find Ordoro too expensive for your needs, look at Orderhive. This highly affordable system is built for ecommerce and has strong inventory and multiwarehouse features. It integrates with the highest number of third-party applications compared with all other providers on our list and has excellent returns management—an important feature for ecommerce.
Orderhive cloud inventory earned a respectable 4.49 on our rubric. It tied with InFlow for inventory tools—although InFlow has a greater breadth of tools, while Orderhive’s are more ecommerce-focused. It earned top marks for expert score and shared the top spot with Zoho for pricing. Only it and Zoho have free plans as well. Because of its focus, it’s not good for retailers like Zoho, and specialty shops like repair or rentals should consider Orderry or EZRentOut.
Orderhive Features
| Standout Features | Free plan for Shopify users; serialize inventory; manage variants to bundles |
| Works for | Ecommerce and dropshipping |
| Ease of Use | Intuitive interface, 20/6 technical support, onboarding assistance ($99), knowledgebase |
| Tracking | Track serial, batch, or expiry dates, FIFO inventory rules |
| Purchase Orders | Low stock alerts, assign multiple suppliers to one product, automated PO creation |
| Barcoding | Generate and print barcodes |
| Sales Channels | Shopify, Amazon, WooCommerce, eBay, Magento, BigCommerce |
| Integrations | 19 marketing automations, eight shopping carts, 60+ shipping services, three payment processors, four POS systems, 10 CRM platforms |
| Advanced Features | Automate ecommerce tasks for order creation, inventory, purchase orders, dropshipping; split ordering, fraud order handling |
| Customer Reviews | Customers are pleased with the price and ease of use but say that it can be buggy and some integrations (like Magento) do not work |
Ordoro
It’s hard to practice good inventory management techniques when you’re juggling multiple sales channels. Fortunately, Ordoro makes multichannel selling easier. With Ordoro, you can create master products within your inventory system, allowing you to update descriptions, images, branding, and more across all (or some of) your sales channels at your discretion.
Ordoro also offers vendor management features that make dropshipping a breeze. For instance, you can assign vendors to specific products in your catalogue. Then, anytime a customer orders those items, Ordoro can automatically send the order to the appropriate vendor, thereby cutting out the middleman (you), maximizing supply chain efficiency and ensuring your customers get their items as quickly as possible.
We also like that Ordoro makes nontraditional inventory management strategy possible. For instance, you can opt to strategically oversell your goods or limit the number of instock items visible to your customers—both of which create the illusion of scarcity and motivate your potential buyers to complete their purchase. Ultimately, this helps you turn a better profit and avoid storing expensive excess inventory.
Cin7
Most enterprise resource planning (or ERP) platforms feature modules for every aspect of your business (like accounting, point of sale, inventory, and shipping)—and they charge you for each module you add to your plan. Those costs add up, making ERP systems outlandishly expensive for all but the largest companies.
Cin7 breaks the mold by offering built-in modules that come standard with your plan. In addition to a fully integrated POS system, Cin7 comes fully loaded with B2B ecommerce features, manufacturing features, and even a payment portal. And that’s all in addition to the barcode scanning, inventory tracking, and order fulfillment features you’d expect from your inventory solution.
Cin7 also offers advanced demand forecasting and multichannel support, including cross-channel syncing every five minutes. This ensures you have a dynamic inventory system that stays up to date, helping you achieve proper inventory management with minimal effort.
The downside? While Cin7 isn’t as expensive as most ERP solutions, it is among the more expensive platforms on our list (starting at $299.00 per month).
Upserve
Upserve provides a dynamic inventory solution for the unique needs of restaurants. Specifically, Upserve offers a greater focus on expiration date tracking and specialty supply chain needs (like refrigerated shipping) than other inventory control software options.
Yes, Upserve is a bit pricey, but it provides everything you could need in one service. You can run your online ordering, POS services, and workforce management—even across multiple locations. Upserve even provides insights and tools that make it easier to run your restaurant.
What’s more, Upserve provides features just for restaurants. For instance, you can use Upserve inventory software to create recipes for the dishes you sell, customizing each recipe with the precise ingredients and amounts needed. Then, when you sell that dish, Upserve can automatically deduct those quantities from your inventory levels for the ingredients used. You can even use this feature to determine pricing for your menu items and identify food waste.
We also like that Upserve comes with a built-in point-of-sale (POS) system—though admittedly, we don’t love that you’re restricted to using (and paying for) Upserve’s unique proprietary POS hardware. Still, if you’re running a restaurant, Upserve is probably the best inventory management software you could hope for.
inFlow Inventory
For businesses on a budget, inFlow Inventory is a great inventory management system. inFlow offers, in our opinion, the best free inventory management service on the market (inFlow On Premise). Or you can enjoy more features with inFlow’s paid plans—some of the cheapest available, starting at a low $89.00 per month.
Also, inFlow is remarkably easy to use, with many of its inventory tracking features automated. It’s even got a great mobile app that facilitates barcode scanning and keeps your sales agents and inventory manager on the same page for stock inventory levels.
One thing to keep in mind, though? inFlow Inventory is cheap because it’s more scaled back than other platforms on our list. While it makes managing inventory a breeze, inFlow caps the number of orders you can process monthly before you’re charged extra. For example, the most expensive plan includes 10,000 sales orders per month.
FreshBooks
Although known for being an accounting system and software, FreshBooks also offers simple inventory tracking for freelancers and small businesses with very basic needs.
Whether you sell only a handful of different items or are looking to start selling physical items on top of your service business, managing even small amounts of inventory takes effort. Especially if you sell across 2+ sales channels.
FreshBooks is the perfect solution for tracking inventory if you also use it for accounting purposes.
FreshBooks seamlessly integrates with 2ship and Barcloud to bring together your inventory tracking, accounting, shipping, and asset management needs. And if you’re already tracking inventory on Squarespace or Shopify, you can automatically pull in data from those sites into FreshBooks for an even better inventory management experience.
FreshBooks is the best solution for those looking to experience the power of inventory tracking software for the first time. It’s also a good solution for those still wondering if inventory software is for them.
Conclusion:
There are many things that contribute to a business owner’s success. One of them is proper inventory management. Being able to manage your business inventory properly helps control your costs, keep track of your purchases, and avoid any unnecessary hassle you might face due to lack of good inventory management.