The 10 Best Inventory Management Software Apps For 2023

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.

Zoho Inventory Pricing

Zoho offers a free plan that maxes out at 50 orders/shipping labels per month. You can also choose among three paid plans with annual subscriptions ranging from $79-$299 per organization per month and $59-$239/organization/month if you pay monthly. Each plan comes with limits on the number of online and offline orders, shipping labels, and tracking.

You can add additional users for $2.50 each per month. Zoho charges $6/month for 50 additional shipping labels/orders. If you have more than one warehouse to add to your account, expect to pay $8/month. Test the software with a free 14-day trial. Nonprofits receive a 15% discount.

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

• Barcode scanning
• Multi-channel order management & fulfillment
• Invoice and purchase order creation
• Dropshipping
• Multilingual & multi-currency
• Backorders
• Returns

When Zoho Inventory Is The Best Inventory Software Choice

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, paying only for what you need at the time. However, because each plan comes with a limited number of shipping labels, maxing out at 25,000 per month, be aware that your costs will increase as your business grows.

inFlow inventory management software is made for small and mid-sized businesses looking to track inventory, fill orders, restock, generate POs and invoices, and customize reports. It's great for wholesalers, eCommerce shops, and manufacturers, and even comes with an online showroom portal that facilitates B2B sales. And because inFlow has both desktop and mobile applications, you can use inFlow wherever it makes sense for your business.

inFlow management system's desktop and mobile applications, captured 8/2/2022

inFlow Inventory Pricing

inFlow offers four pricing plans, ranging from $99/month to $1,649/month.

Each plan comes with limits on users, inventory locations, and sales/orders per month. Additional users, orders, and certain features can be purchased as add-ons to each plan. inFlow offers a free 14-day trial that allows you to test the software and see if it delivers what you need in an inventory management system. You can access a 20% discount on your subscription if you pay annually rather than monthly.

inFlow Inventory Features

inFlow comes loaded with features that make it incredibly easy to organize products, track stock levels, reorder products and materials, and manage manufacturing costs. Here are some of the features you can expect to find, with the caveat that some features may not be available on all plan levels:

• Free setup assistance
• Sell items as kits or with multiple components
• Push inventory information to QuickBooks or Xero
• Quick pick, pack, and ship on browser or mobile
• Fulfillment status history and updates
• Shipping carrier comparisons and shipment tracking
• Take payment via credit card using inFlow Pay

When inFlow Is The Best Inventory Software Choice

inFlow offers ample features at a cost that's competitive for small and mid-sized businesses. What makes inFlow stand out is its excellent customer support, including two free hours of onboarding and setup assistance. And all subscription levels include unlimited ongoing customer support. So if you've been putting off the transition to an inventory management system because you don't have the time to put into making it work, inFlow's extensive support options could make this a great choice for your business.

Ordoro combines shipping and inventory management systems, aiming mostly at mid-sized businesses and dropshippers. Ordoro integrates with USPS, FedEx, UPS, DHL, and Canada Post, allowing you to generate shipping labels and move your inventory out the door to customers' doorsteps. You may have to upgrade your plan to unlock some advanced features, however.

Ordoro inventory interface, captured 8/2/2022

Ordoro Inventory Pricing

Ordoro offers four subscription levels, including a limited free plan that allows users access only to shipping features. To use Ordoro's inventory management system, you'll need to sign up for a paid plan. Monthly subscription rates run from $59-$999/month. If you want to add multiple sales channels or exceed the number of orders each plan allows, you can add on services for additional monthly fees.

Ordoro Inventory Features

Ordoro comes loaded with useful features, though some may be limited on lower-level plans.

Here is a small sampling:

• Automation rules and shipping presents
• Shipping method comparisons
• Sync orders from multiple sales channels, automatically or manually
• Batch print shipping labels and packing lists
• Sync inventory across sales channels
• Vendor portals give suppliers access to fulfill orders
• View revenue data for each sales channel

When Ordoro Is The Best Inventory Software Choice

Ordoro is highly rated inventory software. What makes it stand out is the number of eCommerce integrations available and the specialized tools for dropshipping. You'll need to sign up for the Pro plan to access these tools, but what you gain in exchange for your subscription payment is almost complete automation of dropshipping processes.

Cin7 is cloud-based inventory management software that links your products, sales channels, warehouse locations, orders, workflows, and more into one automated system. With more than 700 available integrations spanning eCommerce, accounting, marketplaces, 3PL warehouse, shipping, and EDI integrations, Cin7 can help you sell the way you want, with one efficient and customizable product.

Cin7 product interface, captured 8/2/2022

Cin7 Inventory Pricing

Cin7 offers three paid plans in addition to an enterprise-level plan that comes with custom pricing. The three main plans are priced between $299/month and $999/month. All plans feature Cin7's core inventory modules: Products, Purchases, Insights, Stock, Accounting, Production, and CRM. Plans also come with built-in standard connections: Accounting, Marketplace, eCommerce, and Shipping. Users on the entry-level plan can choose three of these connections. All Cin7 users have access to 24/7 support and online learning opportunities.

Cin7 Features

Cin7 is exceptionally feature-rich, and it's hard to convey in a brief overview just how much this inventory management software delivers. Safe to say that Cin7 can handle the needs of even the largest and most complex organizations. Here is just a small sampling:

• Automatic inventory adjustments based on online and in-person sales
• Stock allocation for B2B and B2C channels
• Sync data with eCommerce platforms, online marketplaces, accounting software, 3PL warehouses, marketing and shipping solutions, and retail trading partners
• Built-in POS and warehouse features
• Track and control tools include barcode inventory, batch, FIFO and serial tracking, finished goods and product bundles, dropshipping, and returns
• Custom inventory fields and mobile stocktaking
• Real-time, role-based dashboards plus extensive customizable reports library

When Cin7 Is The Best Inventory Software Choice

From inventory management to POS, warehouse management, third-party logistics, and eCommerce, Cin7 has it all. If your company has outgrown its current inventory management system, Cin7 definitely has the tools you need to tame your stock — although, fair warning, it has a price tag that accounts for its expansive feature list.

Note: If you like what you see with Cin7 but balk at the price tag, you might want to take a look at Orderhive. Owned by Cin7, Orderhive offers tools for eCommerce automation and shipping management in addition to inventory control. Cin7 Orderhive also supports warehouse management, with subscription plans starting at $95/month.

Sortly is aimed at small businesses that need a robust inventory management system without a big price tag. In fact, Sortly offers a generous free plan that can help small businesses with fewer than 100 products get a handle on their inventory. If you have more products than that, you can take advantage of Sortly's competitively priced subscription plans and unlock more tools.

Screenshots of Sortly, captured 8/2/2022

Sortly Pricing

Sortly offers a limited free plan that allows one user license, one custom field, and just 100 entries. Free trials are available on Sortly's three paid plans. These plans range from $49-$119/month if paid monthly. Significant discounts are available for users who pay for a year upfront. There's also an enterprise-level plan that has no limits and custom pricing based on your needs.

Sortly Features

Sortly's free plan may be suitable for small businesses, but it comes with limited features. However, when you upgrade to a paid plan you unlock significantly more features. Here's a sampling of what you'll get:

• Custom barcodes and QR labels
• User access and permission levels
• Autosync data via cloud
• Automatic low stock alerts
• Custom dashboards and lists
• Mobile app
• Supports multiple locations

When Sortly Is The Best Inventory Software Choice

You can find inventory management software that is more customizable and loaded with more features than you'll ever need. Those options usually come with high prices that put them beyond the reach of small businesses. Sortly offers enough features to meet the needs of many small businesses on a budget. If you pay annually for the Advanced plan, you'll have to spend the equivalent of just $29/month. Getting a handle on your inventory could be well worth that relatively low price.

QuickBooks Commerce (formerly TradeGecko) is cloud-based inventory management software for small to mid-sized businesses. QuickBooks Commerce's international focus continues to make this software stand out from the competition. Though you'll need to be US-based to use QuickBook Commerce, the software offers a strong inventory management system along with reporting, support for multiple users, advanced accounting functionality, seamless integration with top eCommerce platforms, and much more.

Screenshot of QuickBooks Commerce webpage, captured 8/3/2022

QuickBooks Commerce Pricing

QuickBooks Commerce offers just one subscription plan, but you'll find two pricing tiers. Because QuickBooks Commerce must be used in conjunction with QuickBooks Online, if you don't already have a QuickBooks Online account, you'll be charged for one. Current QuickBooks Online customers can add Commerce for $50/month, with a special offer currently available that drops the price to $25/month for the first three months. Customers new to QuickBooks can expect to pay $100/month for a combination of QuickBooks Online Essentials and Commerce; the current special rate drops that to $50/month for the first three months. It's possible to use a different QuickBooks product, but you'll need to contact QuickBooks to determine compatibility and pricing details.

QuickBooks Commerce Features

QuickBooks Commerce is more than an inventory management system. You'll find features that support these functions:

• Coordinate/sync stock on unlimited channels, including marketplaces and your online store
• Sell online in any country and in any currency
• Manage inventory movement within multiple warehouses/locations
• Consolidate shipping, receiving, picking, and packing processes
• Sell on consignment or fulfill orders from a specific warehouse
• Take payment online with secure card payment
• Sell wholesale or B2B with custom price lists for each buyer

When QuickBooks Commerce Is The Best Inventory Software Choice

QuickBooks Commerce has many features that make it a standout inventory management system suitable for any small or mid-sized business. What makes QuickBooks Commerce stand out is its support for international online sales. If yours is a US-based business with customers overseas, QuickBooks Commerce can support your sales model with robust inventory management, accounting, and eCommerce features.

QuickBooks has long been a powerhouse in the accounting arena and its expansion into enterprise resource planning (ERP) and inventory management has been successful. Although it's not a complete ERP, QuickBooks Enterprise is a powerful player with strengths in both accounting and inventory management.

Screenshot of QuickBooks Enterprise software, captured 8/3/2022

QuickBooks Enterprise Pricing

QuickBooks comes stuffed with advanced features for not just inventory but many ERP applications, including (no surprise) accounting functions. Those features come at a price, however, and it may put QuickBooks Enterprise out of reach of smaller and mid-sized organizations. QuickBooks Enterprise pricing runs from $1,655-$4,020/year and up for locally installed software, depending on how you customize your plan. If you want cloud access, monthly pricing will run from $192-$389/month and up.

QuickBooks Enterprise Features

You'll find all the accounting features you'd expect QuickBooks software to deliver, plus advanced inventory features and custom reporting options. Keep in mind that QuickBooks Enterprise is available in six industry-specific editions, so the features available to you may depend slightly on your choice. Here's a summary of some of the top inventory-specific features. Keep in mind that all these features may not be available on every plan, but they may be available as add-ons you can purchase:

• Set reorder points
• Serial numbers and mobile barcode scanning
• Multi-location management
• Add alternate vendors
• Add detailed product information and images
• Track costs for assembled products and inventory
• FIFO priority available

When QuickBooks Enterprise Is The Best Inventory Software Choice

If your organization has been struggling with inventory management and accounting, maybe using lower-priced software that's just not meeting your needs, it may be time to admit that you need a more complete software solution. Although it comes with a big price tag, QuickBook Enterprise can deliver the inventory management and accounting tools that even a large, growing, and complex business needs.

NetSuite is feature-rich ERP (enterprise resource planning) software for large businesses that have outgrown other, less expensive and less expansive tools, such as QuickBooks and that are looking for a complete software package to deliver a full-business management solution. It's ideal for enterprise organizations, particularly those operating globally.

Screenshot of NetSuite webpage, captured 8/3/2022

NetSuite Pricing

NetSuite doesn't list pricing for its software, because the software is tailor-made to each user's business. However, a NetSuite representative told Merchant Maverick that clients may pay anywhere from $10,000 to $1 million per year. For that price, you'll get software that you'll never outgrow. The features are so comprehensive and flexible that NetSuite will be the last ERP software your company will ever need.

NetSuite Features

As you'd expect, NetSuite delivers a full-bodied set of features. And inventory management is the backbone of NetSuite ERP. Here's just a sampling of what you can expect in terms of inventory management:

• Track and organize inventory
• Track items by location
• Upsell items on your website
• Manage your supply chain
• Customizable reports
• Customizable contact management
• Expense costing

When NetSuite Is The Best Inventory Software Choice

If you need complex accounting tools in addition to project management and inventory features, you might benefit from using NetSuite. The software is ideal for companies needing highly customizable accounting, global compliance, or subsidiary management. NetSuite is a robust scalable solution designed to grow with your enterprise business — so long as you're willing to pay the relatively high subscription costs.

Known primarily for its POS functionality (powered by parent company Lightspeed), Vend surprises with robust inventory management features and multi-store capabilities. A built-in loyalty program can also help you build and maintain your customer base. Overall, Vend can be a good choice for businesses operating online and in-perso.

Screenshot of Vend product interface, captured 8/3/2022

Vend Pricing

Vend offers three subscription levels in addition to an enterprise-level plan that comes with custom pricing. The other three plans range from $69-$199/month if you agree to use Lightspeed Payments. If you prefer another processor, expect to pay between $99-$229/month for Vend.

Vend Features

You can see Vend in action by accessing a demo video on Vend's website (you'll need to share your contact information first). For starters, here are some key inventory features Vend delivers:

• Mobile retail dashboard shows data across multiple locations from any device
• eCommerce integrations with Ecwid, Shopify, WooCommerce, and BigCommerce
• Barcode importing, creating, and printing
• Purchase order creation and progress monitoring
• Automated stock reordering based on custom rules
• Custom price books based on location, customer type, and time-sensitive discounts
• Product bundling and breakdowns

When Vend Is The Best Inventory Software Choice

When considering all the robust and scalable retail management features this software provides, Vend is a standout choice for small stores and mid-sized enterprises looking to combine payment processing with strong inventory management. Users like Vend for its intuitive simplicity, its relative affordability, and, indeed, its robust inventory management system.

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. And although Square's free inventory features won't be adequate for large businesses with multiple locations, many others will find just what they need. Especially for small businesses already using Square POS, Square's stock management features and integrations will attractive, affordable, and easy to use.

Square Inventory Pricing

You can use Square's basic inventory and reporting features for $0. And although it's true that Square's inventory management tools are on the basic side, it's also true that you'll have a hard time finding 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

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 to Square for Retail or Square for Restaurants if you'd like to remain in Square's business ecosystem.

Of course, if you're running a restaurant or retail business that uses a payment processor other than Square, you may not be inclined to switch just to gain access to inventory management tools. In that case, we'd like to direct you toward our resources for restaurant inventory as well as retail inventory management tools.