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The 7 Best Inventory Management Software Apps For 2021

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best inventory software

The best inventory management software provides your business with more than just a way to track your products. With the right system, you’ll also be empowered to track your customers and vendors, connect your sales channels, create purchase orders and invoices, and more. In the end, the right inventory management system will save you money despite the upfront cost involved.

Of course, every business has unique inventory management needs. That’s why we’ve researched the inventory management system packages best suited to different industries. Whatever your type of small business, we want you to have access to the best inventory management software for small businesses.

Learn More About Our Top Picks

CompanyBest ForNext StepsBest For
Zoho Inventory

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Best for smaller businesses.
Best for smaller businesses.

Visit Site

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Square Inventory

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Best for small retailers, restaurants, and businesses that already use Square.
Best for small retailers, restaurants, and businesses that already use Square.

Visit Site

Read More

Cin7 Inventory

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Best for mid- to large-sized businesses with complex inventory needs.
Best for mid- to large-sized businesses with complex inventory needs.

Visit Site

Read More

Shopify

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Best for eCommerce inventory management.
Best for eCommerce inventory management.

Start Trial

Read More

QuickBooks Online

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Best for businesses looking for a great inventory + accounting combo.
Best for businesses looking for a great inventory + accounting combo.

Visit Site

Read More

Other Featured Options:

  • Vend POS: Best for businesses looking for a great inventory and POS combo.
  • TradeGecko: Best for international businesses.

Read more below to learn why we chose these options.

Best Inventory Management Software

You want the very best inventory management software for your small business. To find it, you must consider pricing, available features, and what kind of business the software is designed to serve. No matter what type of business you’re running, we’ll help you find the best inventory control for your unique needs.

1. Zoho Inventory

Zoho Inventory



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Best for smaller businesses.

If you’re looking for a high degree of control, including the ability to set products to automatically re-order from your suppliers when your inventory falls below your chosen threshold, start your search for the best inventory management software with Zoho Inventory.

Zoho Inventory’s expansive capabilities include warehouse management, in-app barcode management, order management and fulfillment, invoice and purchase order creation, streamlined customer and vendor management, reporting features, and more.

Pros

  • Easy to use
  • Reasonable monthly cost
  • Extensive integrations
  • Free plan

Cons

  • Limits on shipping volume
  • Somewhat limited reporting

Zoho Inventory Pricing

Zoho offers a free plan that maxes out at 20 shipping labels per month. You can also choose among three paid plans that range from $39-$199 per organization per month (if you pay annually) and $49-$249/organization/month (if you pay monthly). Each plan comes with limits on the numbers of online and offline orders, shipping labels, and tracking.

Additionally, Zoho offers the following add-ons:

  • Orders & Shipping Labels: $5/month for 50 additional orders and 50 shipping labels.
  • Additional Warehouses:Β $9/month for an additional warehouse (or $90/per year).

You can activate a free 14-day trial to test how well Zoho’s inventory management software matches your business needs. And if you happen to run a nonprofit, you can take advantage of a 15% discount on Zoho Inventory.

Zoho Inventory Features

Zoho Inventory comes with a rich set of built-in features, including inventory management tools that allow you to create listings, kit items together, and even set products to automatically reorder from suppliers when inventory falls below a set threshold.

Screengrab of Zoho Inventory admin panel

Here are some other features you’ll find with Zoho Inventory:

  • Manage multiple warehouses
  • Barcode scanning
  • Multi-channel order management & fulfillment
  • Invoice and purchase order creation
  • Streamlined customer and vendor management
  • Sales order creation
  • Dropshipping
  • Multilingual & multi-currency
  • Backorders
  • eCommerce
  • CRM software
  • Accounting features
  • Returns
  • Inventory reports

When To Use Zoho Inventory

Zoho Inventory is built to be scalable. That means you can start with the free plan and sign up for a higher subscription tier as your business grows. However, large businesses may find the limited number of shipping labels on each plan and the relatively simple reporting to be too constraining. While Zoho Inventory is a worthwhile tool, it may be best suited for smaller businesses.

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2. Square Inventory

Square Inventory



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Best for small retailers, restaurants, and businesses that already use Square.

Square is well known for its payment processing and POS services. Its inventory management function may be less well known, but that should change since Square offers a decent set of features at a price anyone can afford: free.

Although Square’s free inventory features won’t be sufficient for larger, multilocation businesses, many others will find just what they need. Especially for small businesses already in Square’s target audience, Square’s stock management features and integrations with Shopventory and Stitch Labs are well suited to fill their needs.

Pros

  • Free
  • Easy setup
  • Unlimited items

Cons

  • Some features are lacking
  • Not suited for large businesses

Square Inventory Pricing

Square offers basic inventory and reporting features for free. It’s hard to find a better deal than that. Of course, if you’re looking for additional features, such as employee management, you’ll need to purchase add-ons.

Square Inventory Features

Screengrab of Square's inventory management page

Although it’s not the most feature-rich inventory management software, that lack of advanced functionality is more than offset by the program’s affordability. That’s not to say Square Inventory is inadequate; its feature set includes the basic tools you’ll need. You’ll find the following inventory features in Square’s free program:

  • Unlimited items
  • Print bar code labels
  • Low-stock notification
  • Item categories
  • Manage vendors
  • Bulk transfer across locations

When To Use Square Inventory

If you’re running a small retail establishment or quick-service eatery, Square’s free inventory features should be enough to satisfy the needs of your business. If your business grows to the point where you need something more robust, you can always upgrade toΒ Square for Retail or Square for Restaurants if you intend to remain in Square’s business ecosystem.

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3. Cin7

Cin7 Inventory



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Best for mid- to large-sized businesses with complex inventory needs.

New Zealand-based Cin7 is business inventory management software offering an all-in-one solution with countless robust features. The software’s relatively high cost may put Cin7 out of the reach of startups and most smaller outfits, but that’s okay, because Cin7 delivers more than small businesses typically will need. It’s a scalable solution that’s ideal for complex businesses selling on multiple channels or in more than one location.

Cin7 is one of the few companies operating in this space whose user reviews are almost entirely positive and enthusiastic. With amazing feature depth, supreme customizability, and a long list of big-name integrations, Cin7 packs quite a punch.

Pros

  • Feature-rich
  • Strong customer service
  • Generous limits
  • Includes eCommerce

Cons

  • Expensive
  • Slightly buggy

Cin7 Pricing

Cin7 is a premium product, and the pricing reflects that β€” though there is a 10-day free trial period. Users can choose from three subscription plans: eCommerce ($295/month), Wholesale ($295/month), and Multichannel ($450/month). All prices listed apply for the first 12 months and presumably will rise after that.

Each of these plans can be upgraded to Plus level, unlocking even more features and functions. Plus pricing for the eCommerce and Wholesale plans starts at $495/month, though you’ll need to contact Cin7 for a custom quote. Pricing for Multichannel Plus is available only by contacting Cin7 directly. Cin7 does not offer a free trial, although you can schedule a free demo.

Cin7 Features

Cin7’s advanced features will take some time to find your way around. Inventory management experience is definitely a plus here. Thankfully, you can schedule an appointment with a company representative to walk you through the system if you need some one-on-one assistance.

Screengrab of Cin7 product management feature

Let’s go through just some of the tools Cin7 gives you. Some of these features are not available on all plan levels:

  • Cloud-based inventory management
  • Inventory planning
  • Accurate costing
  • Barcode inventory
  • Batch, FIFO (first in, first out), and serial tracking
  • Consignment, dropshipping, and return inventory management
  • Real-time reporting and insights
  • Customizable reports
  • Custom inventory fields
  • Automated inventory management
  • Preorder and backorder management
  • Multiple warehouses
  • Sales order entry
  • POS
  • eCommerce order management

When To Use Cin7 Inventory

Many Cin7 users note in their reviews that the software seemed tailored for their own type of business. In truth, any mid- or large-sized retailer would stand to benefit from Cin7’s advanced business features. From inventory management to POS, warehouse management, third-party logistics, and eCommerce, Cin7 has it all.

Read our in-depth review

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4. Shopify

Shopify



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Best for eCommerce inventory management.

You probably know Shopify for its SaaS eCommerce software. It’s one of our favorite online store providers, and for good reason. However, Shopify’s inventory management system is well-developed enough to warrant attention on its own.

Shopify’s inventory features place it at the top of the heap when it comes to eCommerce inventory. Combine that with Shopify’s POS, payment processing, gateway, and marketing features, and you have one formidable package for merchants.

Pros

  • Easy to use
  • Numerous integrations
  • Attractive templates

Cons

  • Add-ons often necessary
  • Variable customer support

Shopify Pricing

Shopify offers three subscription plans: Basic Shopify ($29/month),Β  Shopify ($79/month), and Advanced Shopify ($299/month). Discounts are offered for annual and biennial subscriptions, and you can test out the software with a free 14-day trial period.

Shopify Features

Shopify’s list of features could fill a whole article. We’ll pay particular attention to the inventory features here.

Screengrab of Shopify inventory management page

  • List unlimited products and unlimited images
  • Product variations
  • Bulk import/export
  • Multilingual and guest checkout
  • Automatic shipping rates
  • Customer segmentation
  • Dropshipping
  • Point of sale
  • Marketing and SEO features
  • Web hosting

Shopify also integrates with Stocky, an inventory management product for brick-and-mortar retailers. It’s available for free to users who have Shopify POS enabled and use Shopify POS Pro for at least one store location.

When To Use Shopify Inventory

If you’re already using Shopify, you’ll want to take advantage of the inventory management features. Also, if you’re looking to set up an online store and you anticipate having considerable inventory management needs, the Shopify platform warrants your strong consideration.

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5. QuickBooks Online

QuickBooks Online



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Best for businesses looking for a great inventory + accounting combo.

Intuit QuickBooks has long been a powerhouse in the accounting software arena. QuickBooks Online, Intuit’s cloud-based accounting solution, boasts 2.2 million users and a host of great accounting features and integrations. But while QuickBooks Online is best known for accounting, it also offers strong support for inventory management.

Let’s go through what QuickBooks Online provides from an inventory perspective.

Pros

  • Easy to use
  • Advanced invoicing features
  • Numerous integrations
  • Good tax support

Cons

  • Occasionally unintuitive
  • Expensive

QuickBooks Online Pricing

QuickBooks Online offers four subscription plans that start at $25/month and go up to $150/month, depending on the number of users and the features you access. To access the inventory features, you’ll want to sign up for one of the top-tier plans: QuickBooks Plus ($70/month) or QuickBooks Advanced $150/month).

QuickBooks Online frequently offers a discount on its website, so be sure to check for promotions before you sign on to a QuickBooks plan. You can also sign up for a free 30-day trial before you purchase, although if you access the free trial you will not be eligible for discounts.

QuickBooks Online Features

Here’s what QuickBooks Online has to offer in terms of inventory management, at the Plus and Advanced levels:

  • Save default sales prices, purchase prices, SKU numbers, images, and item descriptions
  • Create item bundles for easy invoicing
  • Set re-order points and see current stock level when creating invoices
  • Invoicing
  • Estimates
  • Client portal
  • Contact management
  • Expense tracking
  • Bank reconciliation
  • Chart of accounts
  • Accounts payable
  • Order and print checks
  • Project management
  • Time tracking
  • Reports
  • Budgeting

Screengrab of QuickBooks Online inventory page

When To Use QuickBooks Online

It’s true that businesses requiring advanced inventory capabilities may not find what they need with QuickBooks Online. However, if you’re a small- to mid-sized businesses looking for inventory management features in your SaaS accounting software, QuickBooks Online should serve your business well.

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6. Vend

Vend POS



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Best for businesses looking for a great inventory and POS combo.

Vend was launched in 2010, making it one of the first cloud-based point of sale systems. It’s one of our highest-rated POS solutions, and it also includes a very capable inventory management system.

When considering all the robust and scalable retail management features provided, Vend is a great fit for small stores and large enterprises alike.

Pros

  • Loyalty program
  • eCommerce integrations
  • Multistore capability
  • Free trial & free plan available

Cons

  • Basic reporting tools
  • Expensive monthly cost

Vend Pricing

Vend offers various subscription levels, so you don’t have to pay for more features than you need. Before you buy, you can test Vend with a free 14-day limited trial. In addition to the free plan, Vend offers these plans: Lite ($99/month), Pro ($129/month), and Enterprise (contact the company for a custom quote).

Vend Features

Vend’s inventory management system allows you to do the following:

  • Add, remove, and edit inventory items
  • Track stock levels and any special taxes, costs, or prices for your products
  • Import/export your inventory to/from a CSV file
  • Import, create, and print barcode labels
  • Purchase order management
  • Multi-channel inventory management
  • eCommerce integration (Pro and Enterprise plans only)
  • Loyalty program
  • Customer management
  • Price books
  • Flexible interface
  • Transaction options
  • Reporting

Screengrab of Vend inventory management product page

When To Use Vend

Businesses looking for strong inventory management features in their accounting software have good reason to consider Vend. Users like it for its intuitive simplicity, its relative affordability, and, indeed, its robust inventory management system.

Get Started with Vend POS

Read our in-depth review

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7. TradeGecko

TradeGecko



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Best for international businesses.

QuickBooks Commerce is a cloud-based inventory management system for small- to medium-sized businesses. Formerly known as TradeGecko, QuickBooks Commerce’s international focus continues to make this software stand out from the competition. The company counts a total of 24,000 users in 104 countries, and to those users, QuickBook Commerce offers a strong inventory management system along with reporting, support for multiple users, seamless integration with top eCommerce platforms, and much more.

Pros

  • Good for a variety of business sizes
  • Advanced features
  • Good value for the cost
  • Free trial available

Cons

  • Number of users and orders tied to plan level
  • Limited features on lower-tier plans

QuickBooks Commerce Pricing

QuickBooks Commerce offers five subscription plans, each with limits on users and orders as well as increasing access to advanced features. That allows you to customize the price you’ll pay for your specific business needs. The plans include Founder ($39/month). Lite ($79/month), Small Business ($199/month), Business ($599/month, and Premium ($799/month). You can test the software with a free 14-day trial, no credit card needed. Prices listed are for annual subscriptions; if you choose to pay monthly, add 20% to the total.

While it’s not unusual to find limits on orders and users on lower-level plans, it’s worth noting that the base plan, Founder, allows only 10 sales orders per month. That limit increases to 100 monthly orders on the next plan up and tops out at 5,000 monthly orders on the Premium plan.

QuickBooks Commerce Features

Screengrab of QuickBooks Commerce inventory page

QuickBooks Inventory offers a basic feature set on its entry-level plans, with increasing access to advanced features as plans go up in level. Here is the starting feature set:

  • Multiple currencies
  • Zonal shipping rates
  • 24/7 email support
  • Mobile sales app
  • B2B commerce platforms
  • Custom inventory, order, invoice, payment, and manufacturing reports
  • Automation

Advanced features on the Small Business plan and higher include:

  • Multiple warehouses
  • Batch & expiry tracking
  • Production orders and bills of materials
  • Setup assistance & account manager
  • Demand forecasting
  • API access
  • FBA integration
  • Warehouse management apps
  • Multi-language documents

When To Use QuickBooks Commerce

Limitations on lower level plans may make QuickBooks Commerce unsuitable for smaller businesses. However, large organizations doing international businesses will find a lot to like about QuickBooks Commerce, as will wholesale and direct-to-consumer businesses.

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Looking For One Of These Inventory Management Software Tools?

A couple of leading inventory names just missed the cut for our list of the best inventory management software. If you want to expand your search to make sure you’re signing up for the best inventory software, take a look at these heavy hitters.

NetSuite

Netsuite is a world-class inventory management system. This cloud-based ERP (enterprise resource planning) tool offers modular pricing that lets you pay to add the features your business will need. While Netsuite’s ERP and SRP (services resource planning) features are among the best you’ll find anywhere, its high monthly base cost plus per-user fees will put this option out of reach for most small businesses.

QuickBooks Desktop Enterprise

QuickBooks Desktop Enterprise is Intuit’s most advanced QuickBooks inventory package. It offers a remarkable inventory solution for large businesses and industry-specific companies. However, like NetSuite, QuickBooks Enterprise’s cost makes it unsuitable for small businesses.

Choosing The Best Inventory Management Software For Your Small Business

With so many good choices, finding the best inventory management software for your small business should be a breeze. Read our full reviews for detailed information on your top choices from this list, and sign up for a free trial if your top choices have that option available.

Then get started putting inventory management into place for your organization. The sooner you do, the sooner you can start reaping the benefits.

Small Business Inventory Software FAQs

What is the best inventory software for small businesses?

Boasting a range of products that come with varying price tags, capabilities, and limits, QuickBooks is a good place to start as you begin your search for the best inventory control software. You’ll find plans for businesses of all sizes, from startup and side hustles to international organizations.

How do I manage my company's inventory?

Most small businesses find that as their sales volume grows, their inventory management needs increase. While a small or startup business may be able to track and manage inventory with something like a simple spreadsheet system, eventually every successful business will outgrow that type of DIY solution and need a more suitable solution for its complex and growing needs. That’s where inventory management software comes in.

What is the best free inventory management software?

Zoho Inventory offers a free plan that limits users to 20 orders per month. We like Zoho’s free plan because there’s also a reasonably priced basic plan that you can upgrade to when your business starts to exceed the free plan’s limitations. You can activate a free 14-day trial of Zoho Inventory that lets you test the software before you commit to it.

Which inventory control software is the easiest to use?

If ease of use is your top factor in choosing the best inventory control software, start by looking at the channels you already use for selling. When you choose an inventory management system that integrates seamlessly with your eCommerce platform or POS system, you’ll find adding an inventory control element easy to manage.

So, for example, if you’re already selling on Shopify or you want to jump into eCommerce, take advantage of Shopify’s excellent inventory management features. Or, if you use Square for in-person or online sales, check out Square Inventory for an easy inventory management option.

How much does inventory software cost?

From free options to plans costing hundreds of dollars per month, there’s an inventory software solution for every business budget. As you set your price expectations, be sure you understand what you will need from your inventory management software. Look for a plan that can grow with you, so that you can add advanced features as you need them, without having to pay now for more than you need.

Is QuickBooks good for inventory management?

QuickBooks can be an all-in-one business solution, delivering inventory control, accounting, payroll services, and more. Although QuickBooks may be best known as an accounting software system, it also delivers a range of powerful inventory management tools, with products designed for businesses of varying sizes β€” and budgets.

In Summary: Best Inventory Management Software

  1. Zoho Inventory: Best for smaller businesses.
  2. Square Inventory: Best for small retailers, restaurants, and businesses that already use Square.
  3. Cin7 Inventory: Best for mid- to large-sized businesses with complex inventory needs.
  4. Shopify: Best for eCommerce inventory management.
  5. QuickBooks Online: Best for businesses looking for a great inventory + accounting combo.
  6. Vend POS: Best for businesses looking for a great inventory and POS combo.
  7. TradeGecko: Best for international businesses.
Kate Hoots

Kate Hoots

Writer
Kate Hoots is a writer for Merchant Maverick, taking on the topic of eCommerce. She brings a background in journalism as well as in business leadership and communication training. Kate has a degree in English Literature from Lewis & Clark College.

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    diinfotech

    Thanks for sharing this

      Alan

      Thanks for listing out these softwares. These are really helpful.

        This comment refers to an earlier version of this post and may be outdated.

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