Best inventory software for businesses

May 2023 · 8 minute read
inventory software

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  • Inventory software is designed to help small and large businesses to keep track of and update products as they go along the supply chain.

    Some of the features of inventory software include automatic ordering, tracking of sales and purchase orders, categorizing of products, and electronic scanning, among many others.

    The key functions of inventory software that drive business operations are updating inventory in real-time, eliminating manual systems of managing inventory, plus synchronizing the inventory in case you have multiple channels or stores.

    With inventory software, your business benefits from the improved stock tracking and control which if done using spreadsheets lead to inefficiency and human errors. Other benefits include automated processes that save time and money, plus you get to avoid running out of stocks hence happy customers.

    However, different business types require different features in inventory software, though a small business may in the future need more features as it scales up its operations.

    We checked out the best inventory software tools you can use for simplified, organized, and accurate business operations, and here are our top 7 picks.

    Best inventory software for Windows PCs

    This inventory software is available for use with multiple currencies, and in multiple languages including English, Spanish, French, Chinese, and Arabic, but you can translate to another language yourself.

    You can manage inventory in multiple locations, with different units of measurement, print or email documents, do stock adjustments or reordering and purchases, with a one-click, complete workflow system.

    Features including product cost tracking, customizable reports, control over user logins, CSV import/export for existing products, customers and/or vendors, multi-user mode so everyone works in real-time with the same data on one network, export reports and documents to PDF/Excel, and automatic backup for your database.

    Your data is securely hosted online so you can manage your business from any location or device.

    Inflow Inventory

    Inflow Inventory

    Go one step further with your product inventory tracking, and grow sales using this full-rounded software.

    Whether you’re running a small or home business, a franchise network, or you sell consumer goods, this inventory software gives a unique combination of technology and usability so you can efficiently track and manage your inventory.

    Its name may imply a huge software with a complex operating system, but it is a cloud solution meaning you have limitless boundaries with this software.

    Being cloud-based, Megaventory has a minimal setup with no need for extra equipment, so you can scale up or down as necessary. It is also easy to use with an intuitive design and fast access across multiple devices.

    This feature-rich software provides services such as inventory management across multiple locations, order fulfillment, reporting, manufacturing management, and in-depth control, plus it is customizable to multiple languages, currencies, with custom templates.

    It easily integrates with third-party apps such as Magento for accurate e-commerce, Lokad for demand forecasting, and Zapier for versatility in connecting with more than 300 web apps.

    You can get the 15-day trial, after which you can opt-in and choose one of the plans.

    Megaventory

    Megaventory

    By choosing this software you make a sustainable investment for the future. Try out Megaventory!

    This inventory software lets you view and control inventory across your sales channels easily as it is cloud-based, thus eliminates costly set up and maintenance fees while streamlining your IT systems and reallocating resources to satisfying your customers.

    Since all your data is in the cloud, you can manage multiple locations and reduce operational barriers to growth, plus reduce dependency on third parties.

    Whether yours is a single retail store, multiple warehouses, drop-ship, or outsourcing businesses, you can use Brightpearl to centralize inventory control and maintain accurate stock levels and value.

    Features include integration with popular e-commerce platforms and sales channels, real-time synchronization across sales channels, bulk allocation and unallocation of orders, low inventory reporting, automated ordering, inventory adjustments, barcode scanner integration, manual stock-taking, professional and branded documentation.

    It is also easy to migrate from an existing enterprise resource planning system, or a new one, to Brightpearl through simple steps you will be guided through by the professional services team.

    Get Brightpearl

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    Businesses with huge inventory investments need more than just spreadsheets and accounting software to manage their inventory.

    Good inventory software is designed to manage and control the functions of an inventory-centric business with tools for trend analysis, accurate forecasting on items needed and when they’re needed, thus increasing predictability and helps balance stock and service levels with the least investment.

    This award-winning inventory software integrates the best of breed apps in an easy-to-use interface, with decades of knowledge intersecting with forward-thinking software development.

    At its core lies inventory control with features such as product screen for real-time access to all inventory aspects from one place, unlimited unit definitions, visibility on inventory to maximize resources with greater flexibility, multiple units of measure, warehouse management, and barcoding inventory for 99% accuracy.

    It is easy to implement, use, handles any business growth, and delivers a quick ROI.

    Get Acctivate

    This easy-to-use yet powerful inventory software is made for manufacturers, wholesalers, and distributors who need efficient processes.

    If you want an easy-to-use, affordable, inventory software that will satisfy your inventory and sales reporting needs, Unleashed is your best bet.

    Its features include the perpetual inventory control that reflects all inventory costs so you get an accurate view on margins and profit, stock visibility in real time so you can see stock levels and tracking information with the Stock Enquiry feature, plus flexible reporting to create stock counts and report filters for suppliers, product groups, warehouses, and others.

    You can also keep track of stock across multiple warehouses in different locations, segregate stock for reporting, manage your entire product catalog, and set min/max inventory levels.

    Get Unleashed

    EZ Office is the leading web-based inventory software that classifies its inventory management or control into five groups: Asset Management, User Management, Service and Maintenance, Reports & Notifications, and Integrations.

    Asset management lets you track your assets and access asset information from any device, place, or time you wish. Features include asset lifecycle management, asset stock, and inventory module, checkout and check-in assets, an availability calendar to see your assets in real time filtered by time, group, or location.

    You can also plan ahead with the reservations module, track purchase orders, monitor regular checkpoints in your asset lifecycle, put labels on assets for easy scanning and GPS location with barcode or QR code support, import/export excel sheets, track and manage depreciation.

    Other features such as user management, helps you allocate user roles to staff with restricted access or admin roles. The Services and Maintenance feature lets you put items automatically into service upon check-in, create scheduling tickets, track maintenance events, plan recurring cycles to repeat for regular service, among other maintenance processes.

    EZ Office also delivers custom reports and alerts for specific events, data backups, and scheduled reports, which you can also easily export as a PFF or CSV file, or load on Dropbox for easier sharing.

    It easily integrates with Zendesk, Dropbox, Centrify, Salesforce, among other apps.

    Get EZ Office Inventory

    Dear is a well-priced, cloud-based, and simple to use inventory software that integrates with other apps, plus is able to create multiple variations with one SKU or product family.

    Features include seamless e-commerce integration, tracking of manufacturing costs, smart purchasing with its intuitive features that save time and effort while giving you purchasing insights, sales functionality from order tracking to split orders and drop shipment options, inventory management, and accounting to give you real-time insights and reports into expenditure and profitability.

    It comes with a free 14-day trial after which you can opt-in and get the full-featured version.

    Get Dear Systems

    Have you settled on your favorite inventory software among these top 7 picks? Let us know in the comments section below.

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