Inventory management software is a business tool for tracking stock levels, sending alerts for changes in inventory levels, generating reports, tracking returns, building and barcode scanning, and much more.

Inventory management system enhances operational efficiency by optimizing order fulfillment, ensuring optimal inventory levels, and improving customer satisfaction through timely deliveries.

Geekflare has reviewed and listed the best inventory management software based on business size, features, pricing, and learning curve. There are software solutions for small, medium, and enterprise-level companies.

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Zoho Inventory

Zoho Inventory

Best Overall

Geekflare rating score 4.2 out of 5
4.2
|
  • Barcode Scanning
    Yes
  • Inventory Turnover Reporting
    No
  • Integration
    Shopify, Amazon, Etsy, eBay
$39/month
FREE Plan

About Zoho Inventory

Zoho Inventory is the best overall software solution for inventory management. Zoho Inventory provides 3 main features — billing, purchase orders, and invoicing. Zoho has been developing business tools since 2004, after they were established under their old name AdventNet in 1996.

Their business suite of related software includes Zoho Books, Zoho CRM, Zoho Voice, and Zoho Forms. If you’re looking to upgrade your tech stack, you can benefit from integrations with their other tools, many of which also have free plans. Teams of all sizes can benefit from considering Zoho Inventory’s range of offerings.

Zoho Inventory Features

  • Key feature

    Invoicing, multilingual invoices, multi-currency transactions, multi-currency vendors, backorders, purchase order management, and billing.

  • Key feature

    Organization with item groups, categories, price lists, serial number tracking, batch number tracking, barcode generation, and shipping labels.

  • Key feature

    e-commerce integrations for shipping, shopping carts, and Shopify.

  • Key feature

    Customizable automation and reporting for tasks and inventory data.

Zoho Inventory Pros/Cons

  • Advantage

    Offers analytics and automation that can benefit larger businesses with complex inventory data.

  • Advantage

    Multi-currency optics and e-commerce integration to benefit global and online teams.

  • Advantage

    Enough plans to offer scalability as your company grows.

  • Advantage

    Offers a free plan for small teams or individual sellers.

  • Disadvantage

    Pricey for small teams that need stronger features but don’t have established budgets yet.

  • Disadvantage

    Important inventory tools like serial number tracking and price lists are limited to higher tiers.

  • Disadvantage

    Steep learning curve.

Zoho Inventory Pricing

PlanPricing (monthly)Offerings
Standard$39500 orders/month, 1 warehouse, Drop shipment, Customer Portal
Professional$993000 orders/month, 2 warehouses, Serial number tracking, Batch tracking, Vendor portal
Premium$1597500 orders/month, 3 warehouses, Contextual chat, UoM conversion, Barcode generation, Automation
Enterprise$29915000 orders/month, 7 warehouses, Zoho Analytics, Multi-currency transactions for each contact
Intuit QuickBooks

Intuit QuickBooks

Best for Small Businesses

Geekflare rating score 4.5 out of 5
4.5
|
  • Barcode Scanning
    No
  • Inventory Turnover Reporting
    No
  • Integration
    Shopify, WooCommerce, BigCommerce
$18/month
30-Days FREE Trial

About Intuit QuickBooks

Quickbooks is a software solution that includes an inventory management feature as part of its accounting suite. Quickbooks allows you to manage retail, construction, and manufacturing inventory, product sales, and purchase orders. It also includes a payroll integration to help with managing employees as well.

Intuit began in 1983 in California and now offers several major business products, including TurboTax, CreditKarma, and Mailchimp. For 2023, they made 14.4 billion from their business offerings.

Intuit QuickBooks Features

  • Key feature

    Organizing product portfolio with prices, images, categories, etc.

  • Key feature

    Automatic calculation of the cost of products sold

  • Key feature

    Report generation of best-selling products, taxes paid, total sales, etc.

  • Key feature

    Tracking inventory items, non-inventory items like spare parts, services, and bundled inventory

Intuit QuickBooks Pros/Cons

  • Advantage

    Monthly pricing with no annual contract and the ability to cancel anytime.

  • Advantage

    Some of their plans are affordable for established teams and less expensive than many competitors.

  • Advantage

    Great for complex inventory and accounting needs.

  • Advantage

    User seats are built into the monthly cost for more savings.

  • Disadvantage

    It’s not a good choice for startup sellers.

  • Disadvantage

    Strong learning curve.

Intuit QuickBooks Pricing

PlanPricing (monthly)Offerings
Simple Start$18Track income & expenses, Send custom invoices & quotes, Insights & reports
Essentials$27For three users plus your accountant, Manage bills & payments, Track employee time, Multi-currency
Plus$38For five users plus your accountant, Recurring transactions and bills, Track inventory, Track project profitability
Advanced$76Manage users (up to 25), Automate workflows, Custom reporting fields, Customise dashboards
NetSuite

NetSuite

Best for Enterprise-Level Businesses

Geekflare rating score 4.0 out of 5
4.0
|
  • Barcode Scanning
    Yes
  • Inventory Turnover Reporting
    Yes
  • Integration
    Shopify, Magento, BigCommerce
Custom Pricing

About NetSuite

NetSuite by Oracle is one of the most powerful business solutions for major enterprises that includes an inventory management feature. For inventory management, NetSuite provides in-depth insights from stores, warehouses, and shippers and automates business processes to ensure nothing slips between the cracks.

Oracle’s NetSuite is an ERP available in 219 countries with over 37,000 customers. They are a great choice for large teams that need to manage financial data, complex inventory, HR, and business process automation, all in a cloud-based subscription.

NetSuite does not provide upfront pricing. They offer annual licenses, with costs based on users, features, and applicable modules needed, along with a setup fee. With the ability to pay for what you need, there is the possibility to save. It’s also good to note that inventory management is part of the license and not an add-on feature.

NetSuite Features

  • Key feature

    Multi-location fulfillment to manage stock.

  • Key feature

    Cycle counting for inventory items.

  • Key feature

    Inventory replenishment and reorder.

  • Key feature

    Traceability with lot and serial tracing for inventory items.

  • Key feature

    Reporting dashboard with KPIs, stock, locations, and predictive stock analytics.

NetSuite Pros/Cons

  • Advantage

    Great features for in-depth insights into your data and fail-safes to anticipate problems.

  • Advantage

    Ideal for large teams with complex inventory systems in multiple locations managed by multiple people.

  • Disadvantage

    No upfront pricing, which means more effort to find pricing compared to competitors.

  • Disadvantage

    Not a great choice for simple needs like businesses that are just starting out.

monday.com

monday.com

Best for Project Management

Geekflare rating score 4.8 out of 5
4.8
|
  • Barcode Scanning
    No
  • Inventory Turnover Reporting
    No
  • Integration
    Zapier, Integromat
$12/month
FREE Forever Plan

About monday.com

monday.com is a popular and robust project management tool that is best for teams where managing inventory and project resources is intertwined. Since 2012, monday.com has worked to offer business software solutions, currently providing monday.com work management, monday.com Sales CRM, and monday.com Dev.

monday.com Work Management is their project development tool to handle business operations and workflows. With their resource management tools, you can stay on top of workloads, approval processes, client projects, tasks with set dependencies, scheduling, and more. monday.com provides standard templates for product management, operations, sales, manufacturing, and construction to help you get started.

While this isn’t the best choice for complex inventory management, it is great for simple needs, especially with monitoring the projects, scheduling, and people involved in your business operations. monday.com provides customizable templates for inventory management within your project.

monday.com Features

  • Key feature

    Intuitive log board to manage the complexity of inventory levels

  • Key feature

    Inventory reports and chart views to visualize stock levels

  • Key feature

    Instant notifications about stock status, reorder points, and low product levels.

  • Key feature

    Keep track of incoming and outgoing orders, delivery dates, and fulfillment progress.

  • Key feature

    Maintains a historical record of orders

monday.com Pros/Cons

  • Advantage

    Has a strong enterprise plan for big teams with high-volume data including 1000GB file storage and advanced security with HIPAA compliance.

  • Advantage

    All paid tiers come with 24/7 customer support, which is not the case with many competitors’ plans.

  • Advantage

    Free plan for small teams or potential buyers that want to explore before any commitment.

  • Disadvantage

    Integrations, automation, and most work views are reserved for higher tiers.

  • Disadvantage

    Not the right choice for extensive inventory needs like multi-location monitoring, order fulfillment process, or shipping management.

monday.com Pricing

PlanPricing (monthly)Offerings
Free$0Up to 3 boards, 200+ templates, iOS and Android apps
Basic$12Unlimited free viewers, 5GB file storage, Prioritized customer support
Standard$38Timeline & Gantt views, Integrations, Automation, Guest access
Pro$76Private boards, Time tracking, Chart View
EnterpriseCustom PricingEnterprise-scale automation & integrations, Enterprise support, Advanced reporting & analytics
Sortly

Sortly

Best for Simple Inventory Management

Geekflare rating score 4.2 out of 5
4.2
|
  • Barcode Scanning
    Yes
  • Inventory Turnover Reporting
    No
  • Integration
    QuickBooks Online, Slack, Webhooks
$49/month
FREE Trial

About Sortly

Sortly is an easy software solution designed for teams seeking a straightforward approach to meet basic inventory needs. The company operates out of 3 different countries and 17 US states. Over 20,000 companies trust Sortly with their inventories.

Sortly offers great tools for inventory tracking and notifications to ensure priorities and deadlines aren’t overlooked. While not the cheapest software, they are on the low side for inventory management systems, which can often be several hundred a month.

Sortly Features

  • Key feature

    Inventory lists with customer fields, tags, and folders.

  • Key feature

    User controls and role permissions.

  • Key feature

    Label generation for QR codes and barcodes.

  • Key feature

    Low stock alerts for email and mobile apps.

  • Key feature

    Activity history and summary reports.

  • Key feature

    Helpful integrations like QuickBooks Online, Slack, and Webhooks.

  • Key feature

    Email support for all paid plans.

Sortly Pros/Cons

  • Advantage

    Straight-forward and affordable solution for simple organization and customization.

  • Advantage

    Tiers have included set amounts of user seats rather than more costly per-user pricing.

  • Advantage

    Good for teams struggling to track changes in inventory by offering diverse reporting options and stock alerts.

  • Disadvantage

    Free plan is only good for exploring the software and not for sellers with growing companies.

  • Disadvantage

    Integrations limited to Ultra and Enterprise making it harder to work with your tech stack.

Sortly Pricing

PlanPricing (monthly)Offerings
Free$01 User License, 100 Items, 1 Custom Field
Advanced$492 User Licenses, 2,000 Items, 10 Custom Fields, Unlimited QR Code Label Generation 
Ultra$1495 User Licenses, 10,000 Items, 25 Custom Fields, Unlimited QR Code & Barcode Label Generation 
EnterpriseCustom Pricing10+ User Licenses, Unlimited Items, Unlimited Custom Fields, QuickBooks Online Integration, Dedicated Customer Success Manager 
inFlow

inFlow

Best for Inventory Tracking

Geekflare rating score 4.5 out of 5
4.5
|
  • Barcode Scanning
    Yes
  • Inventory Turnover Reporting
    Yes
  • Integration
    QuickBooks, Shopify, Amazon
$110/month

About inFlow

inFlow is perfect if you have a large inventory spread across multiple locations and need detailed tracking and monitoring of products across all channels. Since 2007 from Canada, inFlow has been an SMB-friendly organization with over 40,000 global sellers trusting them.

They have tools for managing inventory as well as sales and purchase orders. In terms of affordability, they can be on the high side. inFlow can be worth the cost for teams managing complex inventories for a wide variety of use cases from online retail sellers or state-of-the-art technology.

inFlow Features

  • Key feature

    Inventory and order management.

  • Key feature

    Sales, invoicing, and purchasing.

  • Key feature

    Organization with photos, SKUs, barcode generation, serial numbers, categories, measurements, and dimension descriptions.

  • Key feature

    Detailed stock tracking.

  • Key feature

    Multiple reorder options.

  • Key feature

    Integrates with Xero and QuickBooks.

inFlow Pros/Cons

  • Advantage

    Suited for warehouse, manufacturing, equipment tracking, and teams with multiple locations.

  • Advantage

    Best for organizations with a high volume of products, locations, purchasing, and sales to monitor.

  • Advantage

    Full customer support in all plan tiers with access to your own customer success manager.

  • Advantage

    The same core features are in all plan tiers.

  • Advantage

    Built-in team seats for cost savings, especially for teams that need multiple users with access to their inventory.

  • Disadvantage

    This is on the high end price-wise compared to competitors.

inFlow Pricing

PlanPricing (monthly)Offerings
Entrepreneur$1102 team members, 100 sales orders/month, 1 integration, Unlimited support, 2 hours setup assistance
Small Business$2795 team members, 1,000 sales orders/month, 2 integrations, 4 hours setup assistance
Mid-Size$54910 team members, 5,000 sales orders/month, 3 integrations, User access rights, 6 hours setup assistance
Fishbowl Inventory

Fishbowl Inventory

Best for Manufacturing

Geekflare rating score 4.0 out of 5
4.0
|
  • Barcode Scanning
    Yes
  • Inventory Turnover Reporting
    Yes
  • Integration
    QuickBooks, Shopify, Magento
$329/month

About Fishbowl Inventory

Fishbowl is a strong solution with the functionality to handle inventories in multiple locations while offering automation and real-time insights. Founded in 2001 and headquartered in Utah, Fishbowl helps thousands of teams with inventory tracking.

Fishbowl is a dedicated manufacturing inventory tool for QuickBooks users and syncs together to offer highlights on financial data related to your inventory and purchasing. The core capabilities of the software are centered on streamlining inventory operations, pulling important data, and improving decision-making to avoid costly inventory mistakes.

Fishbowl Inventory Features

  • Key feature

    Inventory management for multiple locations and real-time stock tracking.

  • Key feature

    Automated counting for stock.

  • Key feature

    Detailed parts and business asset tracking within the inventory.

  • Key feature

    Barcode generation and scanning in the mobile app.

  • Key feature

    Transparency and traceability for strong reporting.

  • Key feature

    Quality assurance and powerful data security.

Fishbowl Inventory Pros/Cons

  • Advantage

    All plans come with full phone, chat, and email support.

  • Advantage

    Flexible deployment with cloud-based and on-premise versions.

  • Advantage

    Specifically designed for big teams with warehousing and manufacturing workloads to manage.

  • Disadvantage

    On the costly side of this list, with costly add-ons and not the same appealing discounts as other competitors.

  • Disadvantage

    Only 2 users are included in the pricing for all plan options, which is less than the built-in seat pricing of many competitors.

Fishbowl Pricing

PlanPricing (monthly)Offerings
Fishbowl DRIVE$3292 full access users, Business intelligence, Accounting integration (QuickBooks or Xero), Fishbowl Mobile App
Fishbowl ADVANCEDCustom PricingAs per the client’s requirements
Finale Inventory

Finale Inventory

Best for Multi-Channel Retailers

Geekflare rating score 4.8 out of 5
4.8
|
  • Barcode Scanning
    Yes
  • Inventory Turnover Reporting
    No
  • Integration
    E-commerce, Accounting, Shipping, POS Systems
$99/month

About Finale Inventory

Finale Inventory lets sellers track inventory across multiple locations, especially for online stores. Since 2010 in California, Finale has been dedicated to offering priority inventory management software to help business owners avoid expensive mistakes. They are trusted by Fortune 500 companies as well as many SMB online sellers.

Finale was developed with complex manufacturing and warehouse management in mind. Finale Inventory offers automation, financial reporting, and order procurement. Sellers looking for retail inventory software with scalability and e-commerce tools may consider Finale Inventory.

Finale Inventory Features

  • Key feature

    Inventory management for multiple warehouses and e-commerce.

  • Key feature

    Manufacturing management tools like lot tracking, units of measurement, and label printing.

  • Key feature

    Procurement and stock replenishment for reordering, forecasting, and transfers.

  • Key feature

    40 e-commerce integrations with QuickBooks Online.

  • Key feature

    Client portal.

  • Key feature

    Custom reports, documents, and fields.

Finale Inventory Pros/Cons

  • Advantage

    Great for established teams, especially medium and large organizations.

  • Advantage

    Built-in user seats in the pricing.

  • Advantage

    Best for online sellers that need manufacturing and e-commerce inventory tools.

  • Disadvantage

    Most of the mid and higher tiers are too costly for small teams.

  • Disadvantage

    Support is limited across plan tiers with different email response times, access to training, and phone/zoom access.

Finale Inventory Pricing

PlanPricing (monthly)Offerings
Starter$991 user, 500 orders per month, 2 integrations, 100,000 products
Bronze$2404 users, 2,000 orders per month, 4 integrations, 100,000 products
Silver$4207 users, 5,000 orders per month, 7 integrations, 100,000 products
Gold$64911 users, 10,000 orders per month, 11 integrations, 100,000 products
Platinum$94916 users, 20,000 orders per month, unlimited integration, 100,000 products
Veeqo

Veeqo

Best for e-Commerce

Geekflare rating score 4.2 out of 5
4.2
|
  • Barcode Scanning
    Yes
  • Inventory Turnover Reporting
    Yes
  • Integration
    Shopify, BigCommerce, Magento, eBay
FREE

About Veeqo

Veeqo is a free inventory management system great for individual sellers, small teams, and fresh startups. Veeqo was acquired by Amazon in 2021 and is a popular choice for Amazon retailers, offering advanced security, discounted shipping rates, and core inventory features to manage multiple locations.

Veeqo software and shipping tools are free to use. They offer high-end tools to match teams of all sizes with inventory, shipping, and warehouse management. There are few competitors as affordable as Veeqo and even fewer solutions that offer shipping management. Veeqo is worth exploring for the potential cost savings and streamlined operations.

Veeqo Features

  • Key feature

    Automated inventory management for Amazon, Shopify, and eBay.

  • Key feature

    Works with major US shippers like FedEx, USPS, UPS, and DHL.

  • Key feature

    Simultaneous updates on stock and prices to all integrated stores.

  • Key feature

    Ability to manage inventory in multiple locations, stock transfer, sales, purchase orders, and counting.

  • Key feature

    Integrated with over 50 e-commerce platforms and shipping carriers like WooCommerce, Bigcommerce, Magneto, Torque, 3PL Worldwide, Floship, and many more.

Veeqo Pros/Cons

  • Advantage

    Great e-commerce inventory management tool for Amazon sellers.

  • Advantage

    Great choice for online sellers that need both an inventory and shipping tool.

  • Advantage

    Perfect for most online businesses, especially ones that have small budgets or enterprise-size teams that want to save on software costs.

  • Advantage

    Affordable with unlimited users and access to all features for everyone.

  • Disadvantage

    Not ideal for teams outside of e-commerce.

Ordoro

Ordoro

Best for Order Management

Geekflare rating score 4.8 out of 5
4.8
|
  • Barcode Scanning
    Yes
  • Inventory Turnover Reporting
    No
  • Integration
    QuickBooks Online, Shopify, Magento
$349/month
15-Days FREE Trial

About Ordoro

Ordoro is a strong solution for the order fulfillment process. Ordoro started in 2010 in Austin, Texas, and is committed to helping online SMBs grow. They were used to ship over 12 million products by their business clients in the last year and are designed to handle up to 20,000 orders per month from each organization.

Ordoro offers affordable plans for teams of all sizes looking to scale their inventory management, orders, and shipping processes. They’re especially beneficial to e-commerce retailers and work with Shopify and Amazon.

Ordoro Features

  • Key feature

    Inventory, shipping, and order management.

  • Key feature

    Offers both shipping and dropshipping.

  • Key feature

    Unlimited shipping labels for all plans.

  • Key feature

    Unlimited shipping, sales, and users in paid plans.

  • Key feature

    Advanced analytics and automation.

  • Key feature

    Integrates with QuickBooks Online and API access.

Ordoro Pros/Cons

  • Advantage

    Pricing is not as expensive as many competitors and offers unlimited users for paid plans.

  • Advantage

    Offers both shipping and inventory management.

  • Advantage

    Has a free plan for small sellers or businesses that want to test the software.

  • Disadvantage

    Mobile access is an add-on.

  • Disadvantage

    While cheaper than most competitors, a cheaper solution with inventory and shipping management is Veeqo which may be better suited for stricter budgets.

Ordoro Pricing

PlanPricing (monthly)Offerings
Advanced$3491,000 Monthly Order Count, Unlimited Warehouses, Unlimited, QuickBooks Online Integration, Advanced Analytics
Premium$499Purchase Orders, Bill of Materials, Manufacturing Orders
Brightpearl

Brightpearl

Best for Retail and Wholesale

Geekflare rating score 4.5 out of 5
4.5
|
  • Barcode Scanning
    Yes
  • Inventory Turnover Reporting
    Yes
  • Integration
    E-commerce, Shipping, Fulfillment
Custom Pricing

About Brightpearl

Brightpearl is another robust inventory and shipping solution for retailers on Amazon. In 2022 Brightpearl was acquired by Sage and currently serves over 5,000 different brands. The inventory and shipping system works with e-commerce giants like Amazon, eBay, and Walmart. Use cases their software is designed for include Online retailers, wholesalers, B2B, and direct-to-consumer industries.

Brightpearl is a software system that can help teams expand with automation, in-depth analytics, and virtual sales channels like social media platforms. It’s one of the best warehouse management systems for modern retail shops looking to maintain their online presence and sales channels.

The pricing model for Brightpearl is not upfront and requires getting a quote.

Brightpearl Features

  • Key feature

    Inventory and order management with reporting and automation.

  • Key feature

    Dedicated customer support.

  • Key feature

    Shipping and fulfillment through Amazon and drop shipping.

  • Key feature

    Detailed inventory management, analytics, and forecasting.

  • Key feature

    Accounting, e-commerce, and retail integrations.

  • Key feature

    Retail, supplier, and warehouse management.

  • Key feature

    Advanced reporting with business intelligence.

Brightpearl Pros/Cons

  • Advantage

    No per-user pricing with full team access.

  • Advantage

    24/7 unlimited support and team onboarding for all plans.

  • Advantage

    Extremely feature-rich with the tools to help sellers manage complicated inventory spread across locations.

  • Advantage

    Great for e-commerce sellers that also need shipping management.

  • Disadvantage

    Requires you to contact them to get a quote on pricing.

Cin7 Core

Cin7 Core

Best for Inventory Optimization

Geekflare rating score 4.2 out of 5
4.2
|
  • Barcode Scanning
    Yes
  • Inventory Turnover Reporting
    Yes
  • Integration
    Shopify, Magento, WooCommerce
$349/month
14-Days FREE Trial

About Cin7 Core

Cin7 is a platform offering capabilities for inventory and order management, with special attention to retailers and B2B wholesalers. They provide online customer portals and point-of-sale software to turn business mobile devices into registers.

Cin7 is a worthwhile option for more control over your inventory and access to strong tools for retail business demands. Cin7 was founded in 2011 in New Zealand and helps over 8,000 customers with more than 125 million orders each year.

Cin7 Core Features

  • Key feature

    Inventory, manufacturing, and sales management.

  • Key feature

    Software to manage your inventory in sales, production, and manufacturing stages.

  • Key feature

    Financial management and accounting integrations.

Cin7 Core Pros/Cons

  • Advantage

    Built-in users sears included in the pricing.

  • Advantage

    Great for teams that need in-depth manufacturing and inventory management.

  • Advantage

    Perfect for in-person and online retail sellers, offering B2B customer portals, POS software, and e-commerce channel integrations.

  • Disadvantage

    Pricing is on the high side and not ideal for most small teams.

  • Disadvantage

    The included users only go up to a team of 10 in the Advanced plan.

Cin7 Core Pricing

PlanPricing (monthly)Offerings
Standard$3495 users, 2 Ecommerce and App Integrations Included, 6,000/year
Pro$59910 users, 4 Ecommerce and App Integrations Included, 24,000/year
Advanced$99915 users, 6 Ecommerce and App Integrations Included, 120,000/year
Katana

Katana

Best for Manufacturing and Scaling

Geekflare rating score 4.8 out of 5
4.8
|
  • Barcode Scanning
    Yes
  • Inventory Turnover Reporting
    Yes
  • Integration
    QuickBooks Online, Xero, Shopify
$199/month

About Katana

Katana is an inventory software system for manufacturing and order management. They have multiple plans to fit the expansive needs of fast-growing organizations and offer core features to track the movement of products and sales. Katana began in 2017 in Tallinn, Estonia, and is now used by over 1,400 businesses globally.

Katana is useful for retail, e-commerce, manufacturing, wholesale, and inventory distribution across multiple locations. Katana is most suited to established teams with big demands and has the added benefit of unlimited users for those large teams.

Katana Features

  • Key feature

    Offers detailed inventory, order, warehouse, and sales management.

  • Key feature

    Multi-currency support.

  • Key feature

    Basic and advanced manufacturing tools for managing orders, costs, and insights.

  • Key feature

    PDF templates, custom fields, and contact management.

Katana Pros/Cons

  • Advantage

    Unlimited users in all plans.

  • Advantage

    Great for large teams that primarily require warehouse and order management.

  • Advantage

    Offers strong plans to manage the needs of medium and large companies.

  • Disadvantage

    Pricing is on the higher side compared to competitors.

  • Disadvantage

    Advanced manufacturing costs extra for all plans.

  • Disadvantage

    Tiers limit the number of inventory locations, with Starter only having 1 and Standard allowing 3.

Katana Pricing

PlanPricing (monthly)Offerings
Starter$1991 inventory location, Up to 1,200 sales orders per year
Standard$3993 inventory locations, Up to 6,000 sales orders per year, Barcode scanning, Multicurrency support
Professional$89910 inventory locations, Up to 18,000 sales orders per year, Full traceability, Access to Katana’s API, Warehouse management
Professional Plus$1999Unlimited inventory locations, Up to 40,000 sales orders per year, Dedicated key account manager, Priority support
Megaventory

Megaventory

Best for SMEs

Geekflare rating score 4.5 out of 5
4.5
|
  • Barcode Scanning
    No
  • Inventory Turnover Reporting
    No
  • Integration
    QuickBooks Online, Magento, Shopify
$150/month
15-Days FREE Trial

About Megaventory

Megaventory is an enterprise-level software for inventory and order management. Megaventory was founded in 2010 and is headquartered in Allen, Texas. They are primarily for the manufacturing and order fulfillment needs of small and medium enterprises.

Megaventory Features

  • Key feature

    Inventory management across multiple locations.

  • Key feature

    Order fulfillment and manufacturing tracking.

  • Key feature

    Advanced data management with multiple currencies, exchange rates, and pricing rules.

  • Key feature

    Advanced software customization, including languages other than English.

  • Key feature

    Popular e-commerce integrations like Woo, Shopify, and Magento.

Megaventory Pros/Cons

  • Advantage

    Offers 10% discount on annual pricing.

  • Advantage

    15-day free trial for exploring the software with no credit card required.

  • Advantage

    Great for global small and mid-size businesses in need of order fulfillment and manufacturing management.

  • Advantage

    Discounts are available for non-profits.

  • Disadvantage

    Mandatory onboarding package for $1,500.

  • Disadvantage

    Only 5 users are included in the price of Pro.

Megaventory Pricing

PlanPricing (monthly)Offerings
Pro$1505 Users, 50k Transactions, 20 Locations, 20k Products, 20k Clients, 5 Different Integrations
EnterpriseCustom PricingAs per client’s requirements
Unleashed

Unleashed

Best for Stock Control

Geekflare rating score 4.5 out of 5
4.5
|
  • Barcode Scanning
    Yes
  • Inventory Turnover Reporting
    Yes
  • Integration
    E-commerce, Accounting, Shipping, Fulfillment
$353/month
14-Days FREE Trial

About Unleashed

Unleashed is a dynamic inventory system to handle your priority business data. For more than 10 years Unleashed has worked hard on the goal of helping businesses with inventory, sales, and production from their offices in the UK, New Zealand, and Australia.

Unleashed is a complete solution suited for very complex workflows and detailed inventory tracking. Use cases include retail, food and beverage, manufacturing, wholesale, and e-commerce.

Unleashed Features

  • Key feature

    Functionality to manage customers, suppliers, transactions, warehouses, currencies, and products.

  • Key feature

    Sandboxing for new workflows on important data.

  • Key feature

    Inventory management with serial and batch tracking.

  • Key feature

    E-commerce hub and B2B e-commerce.

  • Key feature

    Business intelligence insights.

  • Key feature

    Add-ons for CRM, B2B portal, and business intelligence.

Unleashed Pros/Cons

  • Advantage

    Great solution for advanced inventory and data management.

  • Advantage

    Built-in user seats in pricing.

  • Advantage

    Great for medium and large enterprises.

  • Disadvantage

    Pricing is on the high side and not suited for small teams.

  • Disadvantage

    Highest plan goes up to 20 users.

Unleashed Pricing

PlanPricing (monthly)Offerings
Medium$3533 users, 125,000 API calls
Large$6518 users, 250,000 API calls
Large Plus$1,00020 users, 500,000 API calls

Best Inventory Management Software Comparison Table

The table below provides a comparison of pricing, ratings, and features for the best inventory management software.

Inventory Management Software
Price (monthly)
Warehouse Management
Order Fulfilment
Explore
Zoho Inventory

Zoho Inventory

4.2
/5
$39
Yes
Yes
QuickBooks

QuickBooks

4.5
/5
$18
Yes
Yes
NetSuite

NetSuite

4.0
/5
On request
Yes
Yes
monday.com

monday.com

4.8
/5
$12
No
Yes
Sortly

Sortly

4.2
/5
$49
No
No
inFlow

inFlow

4.5
/5
$110
Yes
Yes
Fishbowl Inventory

Fishbowl Inventory

4.0
/5
$329
Yes
Yes
Finale Inventory

Finale Inventory

4.8
/5
$99
Yes
Yes
Veeqo

Veeqo

4.2
/5
FREE
Yes
Yes
Ordoro

Ordoro

4.8
/5
$349
No
Yes
Brightpearl

Brightpearl

4.5
/5
On request
Yes
Yes
Cin7 Core

Cin7 Core

4.2
/5
$349
Yes
Yes
Katana

Katana

4.8
/5
$199
Yes
Yes
Megaventory

Megaventory

4.5
/5
$150
Yes
Yes
Unleashed

Unleashed

4.5
/5
$353
Yes
Yes

What Is Inventory Management Software?

Inventory management software is used to catalog and track business products and stock. You can also refer to them as stock management systems. The software to manage inventory can include monitoring sales as well as handling order and distribution data. Manufacturing and warehousing are industries that run on inventory software.

Core features of an inventory solution can be invoicing, managing receipts and purchases, and cataloging detailed information about each item.  Advanced features, but not always available with all tools, include order fulfillment and shipping management.

How Much Does Inventory Management Software Cost?

Inventory management software is expensive. Most plans are around $100 or less per month, and very costly plans are several hundred or around a thousand per month, which either way means thousands per year for your primary software for inventory control. The bright side is cheaper options can be less than $100 per month, with many gems offering their services for free.

Why Do Companies Need Inventory Management Software?

Companies need inventory management software for managing physical inventory and stock levels. Stock management software often has notifications and analytics to track changes and make predictions based on sales and orders.

Another big reason is to avoid mistakes. Keeping your records tight and reliably accurate is directly needed for proper accounting. New teams just starting out may go with manual records, but as a company grows, the need to streamline those important business processes will grow.

Inventory management systems offer the benefits below.

  • Efficient Inventory Control
  • Cost Reduction
  • Improved Accuracy
  • Demand Forecasting
  • Enhanced Customer Service

Depending on the software, you can also benefit from combined shipping and order fulfillment tools such as those offered by Ordoro, Veeqo, and Brightpearl.

Is Inventory Management Software the Same as POS Software?

No, inventory management software is not the same as POS software. POS or point of sale software is for managing the transactions of retail businesses and their customers. It allows employees to process customer purchases while simultaneously updating the product inventory and sales history.

Inventory organization systems won’t automatically come with POS software built-in. The goal of inventory systems is to ensure you know exactly how much you have of stock on hand and to improve workflows directly related to inventory, sales, or delivery.

Can Inventory Management Software Be Used To Track Orders?

Yes, inventory management software can track orders, but not every software offers order tracking or fulfillment. If you need something for handling inventory, orders, and even shipping, then you should consider software like Veeqo and Ordororo as well as solutions with relevant integrations.

How Do You Choose An Inventory Management System?

The first thing you should do is separate the core features of inventory management and adjacent ones. Order fulfillment and shipping will likely mean your potential software will be a lot more expensive. If you want to find the best inventory management software for your team, you need to figure out your deciding factors.

While choosing an inventory management system that best suits your business needs, explore the following steps and considerations:

  1. Assess your business needs.
    Identify your specific inventory management requirements, including the types of products you handle, order volume, and any industry-specific needs.
  2. Set a budget.
    Determine how much you can allocate for an inventory management system, considering both upfront costs and ongoing subscription or maintenance fees.
  3. Understand your budget and the expense commitment.
    You should be realistic and look at free and cheap solutions first. Even if you can afford to spend more, will it be worth it?
  4. Talk to your team.
    You should brainstorm with your team for input. The last thing you want is to spend several thousand on software that your team struggles to learn, barely affects your workloads, and limits you to only 1-3 users.
  5. Plan your time wisely.
    If you don’t have time in your workload to test free trials, contact sales teams, read reviews, and do in-depth research, then you need to make time or pass the project.
  6. Access tutorials or demos.
    The user interface can make or break software. It can be affordable with great features, but if your team is frustrated with the navigation or random glitches on a daily basis then mistakes will add up.
  7. Prepare for the learning curve.
    All software has some form of a learning curve. You need to give your team a break and change their workloads to match the time they need to learn the software. It can take a couple of weeks to months to really master a new application. Make sure to ask them how long they think they will need based on previews of the software.

 Buying software can take months, but by planning ahead and building a strategy, you can mitigate future obstacles.

Retail e-commerce and manufacturing are the heart of most modern business operations from startup makeup companies to furniture wholesalers. Inventory management solutions are extremely valuable and help teams of all sizes. As they grow in popularity, more functionality is added to improve business processes like project management, cataloging, and communication. Some of the best inventory management software streamline the supply chain cycle and offer tools for data-driven decision-making to grow your business.

Is Inventory Management Software Worth It?

Yes, inventory management software is worth it. Inventory control systems are developed to minimize errors, automate tedious tasks, upgrade operations, and speed up workloads. In terms of costs, it can be very daunting. If you want to make sure the software is really worth it, make sure to read reviews, watch online tutorials, and take advantage of free trials.

What are the Other Enterprise Software?

Relevant business software for enterprises is enterprise resource planning (ERP) software, customer relationship management (CRM) software, and robust project management tools.

For many organizations, inventory management is the soul of the entire operation. Stock control software that can improve how your team works, automate tasks, ensure project steps are followed through, and create engaging customer experiences all affect inventory and orders. As you look for new software, always think about how it works with your tech stack and whether you want more services.

Explore More on Inventory Management