Want to jump straight to the answer? The best inventory management software for most people is Finale Inventory or Zoho Inventory.
If your business needs a modern way to track inventory, you’ve come to the right place. Inventory management software helps track what you have to avoid issues like overstock and other costly mistakes.
But finding the best one for your business can feel like a daunting task. Fortunately for you, we’ve already done all of the research. Here are the top eight inventory management software solutions for you to consider:
The 8 Best Inventory Management Software of 2022
- Finale Inventory – Best for small businesses
- Zoho Inventory – Best for growing businesses
- Cin7 – Most flexibility
- Fishbowl – Best integrations
- Ordoro – Best for getting started
- Veeqo – Best features
- inFlow – Most bang for your buck
- Unleashed – Best for B2B ecommerce
As we continue through this guide, we’ll give you an in-depth review of each one below. You’ll learn about the top features, benefits, and costs associated with these solutions.
Best Inventory Management Software Reviews
Finale Inventory – Best for Small Businesses
Finale Inventory is a centralized solution for your small business. The software has a wide range of tools, features, and benefits, including:
- Order management
- Wireless barcode scanning
- Multichannel integrations
- Warehouse management
- Powerful reporting
- Purchasing and replenishment
- Kitting and bundles for ecommerce
- Serial number tracking
Finale Inventory has five different plans to accommodate the needs of all business sizes. All come with multi-location support, at least 100,000 items, inventory management, and order management.
Starter —- $75 per month
- Best for solo entrepreneurs
- 1 user
- 500 orders per month
- 2 integrations
Bronze — $199 per month
- Best for small business ecommerce
- 4 users
- 2,000 orders per month
- 4 integrations
Silver — $349 per month
- Best for ecommerce
- 7 users
- 5,000 orders per month
- 7 integrations
Gold — $549 per month
- Best for barcoding needs
- 11 users
- 10,000 orders per month
- 11 integrations
- Barcoding included
Platinum — Custom pricing
- Best for high volume
- Up to 100 users
- Up to 250,000 orders per month
- Up to 1 million items
- Master service agreement
- Advanced security controls
Contact Finale Inventory to request a demo and free trial.
Zoho Inventory – Best for Growing Businesses
Zoho is best known for its wide range of business software. Zoho Books ranks high on our list of the best small business accounting software. We even named Zoho Meetings in our guide on the best video conferencing services.
In addition to these tools for things like CRM and more, Zoho Inventory is another top software to consider from this provider.
It’s arguably the most simple solution on our list. Small businesses can keep track of every unit using the Zoho Inventory stock management tools.
You’ll also be able to manage order fulfillment and inventory from a single dashboard.
Top Zoho Inventory features include:
- Order management
- End-to-end tracking
- Warehouse management
- Accounting integrations
- CRM integrations
- Shipping integrations
We like Zoho Inventory because you can manage orders and track the status of shipments on the go with its mobile app, available on both iOS and Android devices.
Here’s an overview of the Zoho Inventory plans and pricing:
Free — $0
- 50 online orders per month
- 50 shipping labels per month
- 50 shipment tracking per month
- 1 warehouse
Standard — Starting at $59 per month
- 1,500 online orders
- 1,500 shipping labels
- 1,500 shipment tracking
- 2 warehouses
Professional — Starting at $99 per month
- 7,500 online orders
- 7,500 shipping labels
- 7,500 shipment tracking
- 5 warehouses
- Serial number tracking
- Batch tracking
Premium — Starting at $159 per month
- 15,000 online orders
- 15,000 shipping labels
- 15,000 shipment tracking
- 7 warehouses
- Serial number tracking
- Batch tracking
Elite and Ultimate plans are also available. As you can see, there’s a plan for everyone based on the size of your business.
In addition to other Zoho products, Zoho Inventory integrates with popular tools like Shopify, PayPal, Amazon, eBay, Stripe, and Etsy.
Cin7 -Most Flexibility
Cin7 is a cloud-based inventory management system. The software is made to optimize stock while minimizing waste.
You’ll benefit from flexible control and full visibility of your inventory. The software is compatible with different inventory methods based on the type of business you have. You’ll be able to keep the perfect amount of stock to meet demand.
Cin7 has tools for inventory planning and tracking profitability costs. These resources go beyond the base cost of the average inventory value.
Tracking and control features include:
- Barcode
- Batch
- FIFO and serial tracking
- Incoming stock
- Component stock
- Finished goods and product bundles
- Consignment
- Dropshipping
- Return inventory management
You’ll also have access to accounting features like COGS, general ledger mapping, and tax reporting.
From your warehouse to your point of sale (POS) system, Cin7 lets you manage inventory from multiple locations and channels.
Cin7 has four different packages for you to choose from:
Standard (starting at $325 per month)
- Inventory management
- Pre-order and backorder management
- Multi-location support
- POS built-in
- B2B functionality
- Product bundles
- Inventory-specific CRM
Retailing (starting at $550 per month)
- All Standard features
- Inventory forecasting
- Automated order splitting
- Geo-routing
- Multiple user support
- Automated replenishment
- Warehouse management
Manufacturing (starting at $650 per month)
- All Retailing features
- Advanced automation
- Multi-company automation
An Enterprise plan with custom configurations and EDI capabilities is also available. The pricing for Cin7 is customized to meet the specific needs of your own business.
Fishbowl – Best Integrations
Fishbowl software has three key software features; manufacturing, warehouse, and asset tracking.
The manufacturing solution helps you calculate inventory needs to avoid over or under-ordering. You can track inventory across each step of the operation, from the initial order to the final delivery.
This solution is also ideal for generating work orders, repairs, and replacement jobs. You’ll be able to save your most common work orders and bills of materials to use for future projects.
On the warehouse side of the operation, the software gives you real-time inventory updates.
Set up automatic reordering rules on all products to avoid running out of stock. You can also eliminate errors by using scanning barcodes.
Asset tracking gives you the ability to track items by serial numbers, lot numbers, expiration dates, and other filters. Monitor your asset levels across all locations, and even transfer inventory between multiple sites.
Fishbowl integrates with other popular solutions like QuickBooks, Salesforce, Xero, Shopify, Amazon, and WooCommerce.
In addition to the software, you can get inventory management hardware directly from Fishbowl as well. They have mobile scanner kits, retail and pocket scanners, barcode printers, and POS hardware.
Fishbowl software pricing has two tiers: Drive and Advanced. The Drive package provides a cloud-based solution starting at $349 for warehousing. The Advanced tier offers a more robust, on-premises product starting at $399 for warehousing and $499 for manufacturing.
Ordoro – Best for Getting Started
Ordoro is a centralized hub for your inventory. It’s an ideal solution for ecommerce businesses with multiple channels of inventory sourcing.
If you’re getting inventory from warehouses, suppliers, marketplaces, and fulfillment centers, everything can be managed in a single dashboard.
As a cloud-based inventory management system, you can start using Ordoro without having to download or install anything. So getting up and running is simple. For those of you who sell products direct to consumer via dropshipping, Ordoro will be a top inventory management platform for you to consider.
Once you set up all of your vendors and products, Ordoro will automatically route inventory to specific shippers. You can manage this manually as well.
Ordoro integrates with the best ecommerce platforms like:
- Shopify
- BigCommerce
- WooCommerce
- Magento
- Amazon
- Etsy
- eBay
- 3dcart
- Squarespace
If you’re looking for a backend solution to scale your ecommerce business, Ordoro’s inventory management software is definitely for you.
Ordoro has a free Essentials plan with limited features. There is also an Advanced plan starting at $59 per month, but that does not include the inventory management features. To get that, you’ll need to upgrade to the Premium package, which starts at $149 per month.
If you’re a high-volume seller, contact the sales team at Ordoro to discuss custom pricing for an enterprise-level solution.
Veeqo – Best Features
Veeqo is an inventory management solution made for retailers. In addition to inventory, the software helps you manage orders and shipping as well.
The software supports a multichannel inventory system with 16+ sales channel integrations. You can manage multiple warehouses, purchases, and suppliers too.
Its order management features handle returns, wholesale orders, and revenue reports.
Veeqo integrates with over 21 different carrier integrations. You can use the software to print shipping labels and get access to parcel tracking as well. If you’re packing items on your own, the software offers barcode scanner picking, bundled invoices, and warehouse reporting.
You’ll benefit from an enterprise-grade barcode scanner, regardless of the size of your retail operation.
Veeqo is completely free to use.
inFlow – Most Bang for Your Buck
With inFlow inventory management, you’ll be able to manage all of your products in one place. Whether you’re buying, selling, or moving, the inFlow software can help you track it.
From products to prices and stock levels, inFlow lets you manage everything from all of your devices.
The software can be compared to a business intelligence service. As a business owner, you will always know what products are in stock, what items have been reserved, and what products have been ordered.
The simplicity of inFlow’s system means large orders or shipping delays won’t catch you off guard and cause a bottleneck in your process.
Big names like AT&T, NASA, Volvo, 7-Eleven, and Panera have all used inFlow for inventory management.
You’ll be able to see the history of every single product. Stuff like FIFO and LIFO will automatically get calculated for you as well.
inFlow inventory management is commonly used for warehouses, manufacturing, wholesale, asset tracking, and job site management.
Here’s a brief overview of the software’s plans and prices:
Entrepreneur — $89 per month billed annually ($110 month-to-month)
- 2 team members
- 1 location
- Up to 100 orders per month
- 1 integration
Small Business — $219 per month billed annually ($279 month-to-month)
- 5 team members
- Unlimited locations
- Up to 1,000 orders per month
- 2 integrations
- User access rights
- B2B showroom portal
Mid-Size — $439 per month billed annually ($549 month-to-month)
- 10 team members
- Unlimited locations
- Up to 5,000 orders
- 3 integrations
An Enterprise plan is also available. There are optional add-ons available for things like bill of material and work orders. You can try the Small Business plan free for 14 days.
Unleashed – Best for B2B Ecommerce
Unleashed provides industry-specific inventory management software for the following business types:
- Manufacturing
- Wholesale
- Distribution
- Retail
- Food manufacturing
- Brewing
- Coffee roasting
- Health and supplements
- Lighting
It’s an ideal solution for manufacturers and those of you who sell products through a B2B ecommerce website.
You can use this inventory management solution to automate your entire B2B selling process. The streamlined process makes it easy for you to fulfill sales orders accurately and efficiently.
Manage everything you need directly from the Unleashed Sales mobile app.
Unleashed integrates with popular business solutions like Shopify, Xero, QuickBooks, Amazon, Zapier, and more.
Accurate inventory tracking is a significant standout of the Unleashed software. You’ll get real-time results in addition to powerful analytics for wholesale, distribution, and retail sales channels.
Here are the price points for Unleashed inventory management:
- Medium — $319 per month billed annually ($349 month-to-month)
- Large — $599 per month billed annually ($649 month-to-month)
- Large Plus — $919 per month billed annually ($999 month-to-month)
The differences between the plans are largely based on the number of users you have. All plans come with unlimited products, customers, suppliers, transactions, integrations, and warehouses.
How to Choose the Best Inventory Management Software For Your Business
What’s the best inventory management software for your business? The answer will be different for everyone. This is the methodology that we recommend to narrow your choices.
Automation
Manual inventory management is extinct. Even if you’re using software, you want to make sure that the majority of your processes have been automated.
Each time a piece of inventory is sold, returned, or moves from one location to another, the system should automatically update. Inventory automation will also help improve the accuracy of your stock management.
Integrations
The inventory management and automation features are useless if you still need to complete manual tasks elsewhere.
Look for inventory management software that integrates with the full spectrum of other tools you’re already using, like accounting software, ecommerce platforms, and CRM.
Features
The best inventory management software offers a range of features. Some of the top ones to keep on your shopping list include:
- Inventory costing (LIFO, FIFO, etc.)
- Location tracking
- Stock tracking
- Product categories
- Barcode scanning
Depending on your unique circumstances, you may or may not need some or all of these features.
Business Type
Some software is niche, made for specific businesses and industries. For example, manufacturers and wholesalers have different inventory needs than small business retailers.
A B2B ecommerce website would have different needs than a traditional B2C ecommerce operation. If possible, look for software that specializes in your business type and industry.
Price
The price for inventory management software varies quite a bit. We’ve reviewed solutions that are free or start at $39 per month. Other options on our list cost more than $1,100 per month.
Most of you will likely fall somewhere in between these two extremes. Pricing usually varies based on features, users, and volume.
The Top Inventory Management Software in Summary
The days of spreadsheets or pencil and paper to manage your stock are over. The best inventory management software automates everything and comes with key features like order management, product identification, service management, and asset tracking.
Finale Inventory and Zoho Inventory stand out as the two best options in this category. But depending on your inventory needs, you can consider any of the solutions reviewed in this guide.