If you run a business or a store, you might be wondering which stock management software is best for you. You know that managing inventory and stock tracking is important to sales and growth, but you’re unsure how to get started. The good news is that there are plenty of great options out there for all types of businesses. So before we look at the best stock management software for business and small business, let’s take a quick look at what this type of software can do for your ecommerce business.
If you just started your own business or business, chances are you need to focus on Stock management software. Stock management software can help you to organize inventory, manage stock and ledger, access ledgers,and more. However, if you are like me who has no experience with any type of business, then selecting the best stock management software can be confusing. In order to help those who are starting their businesses and trying to find a good stock management software, we have gathered this article with the best stock management software for business.
Zoho Inventory
Handles multiple channels, warehouses, and currencies- Mobile app available
- Can monitor expiration dates on batch orders
- Bundling, composite, and kitting tools
- Lacks returns management
- Lacks rental function
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
- Free plan for Shopify users
- Workflow automations
- Centralized inventory across multiple channels
- 20/6 support by chat, phone, and email
- Poorly rated mobile app; Android only
- Problems with some integrations
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 |
Megaventory
Inventory Management
- Multiple Locations / Warehouses / Stores
- Stock Alerts
- Returns of Goods from Clients / to Suppliers
- Supplier Availability and Lead Times
- Inventory Changes over Time
- Product Cost Tracking over Time
- Serial Numbers
- Batch Numbers / Expiry Dates
- Transfer between Locations
- Landed Cost Calculations
Order Fulfillment
- Sales Orders from Clients
- Purchase Orders to Suppliers
- Sales Quotes for Clients
- Shipping Providers
- Partial Shipping / Partial Receiving
- Consignment Sales and Purchases
- Dropshipping Sales and Purchases
- Automated Fulfillment Capability Check
- Services
Report Creation
- Inbound and Outbound Movements
- Availability Levels
- Gross Profit
- Inventory Value
- Business Intelligence ready
- Report Sharing to Users
- Picking and Packing Slips
- Delivery Slips
Manufacturing Tracking
- Bill of Materials
- Allocation of Components to Work Orders
- Full / Partial Receipt of Finished Goods
- Quick / Bulk Manufacturing Updates
- Multiple Level Manufacturing
- Work in Process Cost
- Labor Costs per Work Order
- Work Order Printouts
Data Administration
- Sophisticated User Permissions
- Detailed User Activity Logs
- Backup and Restore at any Time
- Data Import / Data Export
- Drilldown Data Capable
- Multiple Currencies
- Currency Exchange Rates
- Pricing Rules
- Contacts Management
Software Customization
- Localized into Multiple Languages
- User Customizable Texts
- Rich and Straightforward API
- Custom Document and Invoice Templates
- Custom Automatic Invoice Numbering
- Barcode Scanning / Barcode Printing
- Direct Data Access via Intuitive Cards
- Multiple Integrations
Agiliron
- B2B and B2C ecommerce store options
- Handles product customizations and substitutions
- Works in offline mode
- Mobile app with higher plans
- Base plan is limited
- System has a steep learning curve
- Some Marketplace integrations are paid features
Agiliron Pricing
- Premier: $99/month for unlimited orders, one user, POS, full-featured CRM, and ecommerce store
- Enterprise: $199 a month for unlimited orders, one user, advanced inventory management, multiple stock locations, warehouse mobile app
- Global Enterprise: $299 a month for unlimited orders, one user, multi-currency, channels across multiple countries
- 30-day free trial
Agiliron is a multichannel retail management system with ecommerce, retail, and wholesale functions. It excels in ensuring information is not siloed, so that you can find what you need wherever you are in the program. It offers comprehensive B2B and B2C inventory features to create custom orders, and its kits, assemblies, matrixed products, and product substitutions set this system apart. Though more complex and more expensive than Zoho, it’s great for B2B, wholesale, or B2C businesses with complex kitting or assembly needs.
Agiliron earned an overall of 4.38 out of 5 on our inventory management software assessment criteria. It scored well on advanced inventory functions, earning a perfect score like Zoho Inventory. The system would have gotten higher marks if it offered a free plan and included more users. You also need higher plans for multiple warehouses. For a less expensive—though simpler—software, Zoho Inventory or InFlow are your best bets.
Agiliron Features
| Standout Features | Has a B2B portal with customer-specific price settings; create and track matrix item products, serialized products, assembly products, kit products, and pre-set substitution products; access product information anywhere in the program. |
| Works for | Retail, ecommerce, B2B, wholesale, manufacturing |
| Ease of Use | Centralized inventory tracking, onboarding specialist, and an online learning center with videos; complex program with a steeper learning curve |
| Tracking | Track bin, lot, serial, style SKUs, and service products |
| Purchase Orders | Create purchase orders and assign them to accounts and salespeople |
| Barcoding | Input and track manufacturer, Amazon, or other SKUs |
| Sales Channels | Amazon, eBay, Shopify, Magneto, BigCommerce, WooCommerce, other online stores |
| Integrations | Multiple payment solutions, QuickBooks, ShipStation, and more |
| Advanced Features | Kitting and assembly, bulk order, bulk packing slips, product substitutions, and customizations like gift wrapping |
| Customer Reviews | While customers enjoyed the range of features and said it was reasonably easy to use, several did mention that it was initially intimidating and took longer to learn |
EZRentOut
- B2B and B2C support
- Service and maintenance
- Availability-based ordering and reservations
- GPS tracking of items
- Purchase orders need higher plans
- Limited integrations only in higher plans
- Standard plan very limited in features
EZRentOut Pricing
- Standard: $49.98/month for two users, unlimited orders, 30 fields, unlimited items
- Plus: $134.97/month for three users, unlimited order, unlimited items, 30 fields
- Premium: $224.95 for five users, unlimited order, unlimited items, 30 fields
- 15-day free trial
EZRentOut earned a place on our list because of its terrific features designed for the specific needs of rental companies, whether equipment rental for construction or sports, DVDs and entertainment, or events. While some inventory software on our list, like InFlow and Orderry, track things like service or repairs, EZRentOut lets you note damage by renters. Plus, its GPS tracking tools (Premium Plan) make it easy to see where your equipment is at any time.
EZRentOut earned 4.35 out of 5 on our rubric—an excellent score given its specificity. It took hits for its limited integrations, which, like Orderry, are primarily through Zapier—although it offers a webstore for online renting and sales. Like Agiliron, it has B2B customer management tools. It took small hits in scoring because of the big discrepancies in the functionality between its lowest and highest plans.
EZRentOut Features
| Standout Features | Handles rentals and sales; tracks repairs; B2B and B2C customer management; availability-based ordering, rental rules, service and maintenance sub-renting; mobile app has 4.3 stars for Android and 3.3 stars on iOS |
| Works for | Audio/visual, bikes, equipment, sports, furniture and staging, events and parties, universities, assistive technology |
| Ease of Use | Straightforward interface; knowledgebase, tutorials, 24/7 email support, phone support during business hours |
| Tracking | GPS tracking of items, availability calendars, service and repair, track as individual pieces or bulk (e.g., 30 chairs); track consumables |
| Purchase Orders | Low-stock counts, purchase orders with higher plans |
| Barcoding | Barcode or QR code can include geo-location and IP address in higher plans |
| Sales Channels | None |
| Integrations | Seven payment gateways, two CMSes, two accounting software, multiple others |
| Advanced Features | GPS tracking of assets; online rental store, customized pricing, route management for deliveries |
| Customer Reviews | Customers say it’s generally easy to use, but the returns process could be streamlined; they would like some customizations to installments and invoices |
Conclusion:
If you have ever tried to keep on top of inventory, you will know just how hard it can be to keep track of the movement of stock. The stock management software has to be able to handle any modern day business and its requirements. This could prove to be an incredibly hard task if you are searching for a stock management software and are not sure what you are looking for.