Best Inventory Management Software for Small Businesses

Consider inventory management products built specifically for your industry. Usability and integrations should be top of mind.
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Inventory software automatically tracks how many products a business has in stock, how many have been sold and when to reorder. The basic inventory tools that come with accounting software products and point-of-sale systems are enough for some small businesses, but more complex businesses may require third-party apps.

Consider your industry and which stages of the supply chain you need to track, along with integrations and user interface, to choose the right solution for you.

Here are some of the best inventory management software products for small businesses.

Best for e-commerce businesses

Veeqo

Pricing: $10/month and up.

Unlike some of its competitors, Veeqo’s pricing is based on both plan tier and the number of orders a business processes each month. The software, built specifically for e-commerce businesses, offers reporting, purchasing, shipping and order management tools for companies with one warehouse or multiple.

Cin7

Pricing: $299/month and up (not including taxes).

Cin7 has customized plans for small businesses, business-to-business and business-to-consumer companies, as well as enterprise businesses. Plans come with 24/7 chat and email support.

Brightpearl

Pricing: Quote-based.

E-commerce businesses that need a holistic solution for running their retail operation might consider Brightpearl. In addition to offering e-commerce inventory and order management, the retail operating system also has an integrated customer relationship management solution and POS system. It stands out for letting clients add unlimited users at no extra cost.

Best for retail businesses

Lightspeed Retail

Pricing: $69/month (billed annually) and up.

Lightspeed Retail is a POS system with built-in inventory management features. In addition to keeping track of stock, business owners can fill out purchase orders from within the software and make bulk price changes across sales channels. They can also set up reorder points and low stock alerts.

Agiliron

Pricing: $85/month (billed annually) and up.

Similar to Lightspeed Retail, Agiliron is a POS system with inventory management capabilities designed for retailers, wholesalers and distributors that sell items across multiple channels. All plans come with a QuickBooks integration and customer relationship management features, but business owners need to opt for the middle-tier plan to access advanced inventory management.

inFlow Inventory

Pricing: $79/month (billed annually) and up.

All inFlow plans come with two hours of one-on-one setup assistance and demos to get business owners started. The company’s hardware lineup features a handheld scanner for businesses that need to take stock of items around the store or warehouse. On top of accommodating small businesses, the company has large clients like Google, Volvo and NASA.

Best for restaurants

Restaurant365

Pricing: $399/month (billed annually) and up.

Restaurant365 is a restaurant management platform capable of recipe costing and measuring actual versus theoretical food costs. The platform has its own accounting software and can directly integrate with more than 100 POS systems.

Best for bars

Partender

Pricing: $165/month (paid annually) and up.

Partender, built specifically for bars, allows unlimited users in all plans and lets bartenders measure each bottle’s liquor level and add new bottles. In turn, the software tells business owners what’s selling best and what’s not.

Best for manufacturers

SOS Inventory

Pricing: $49.95/month and up.

SOS Inventory is intended for manufacturers that use QuickBooks for accounting and need more advanced inventory management capabilities. The company’s basic inventory plan comes with two users and lets clients add additional users for $20 each.

Goods Order Inventory

Pricing: Quote-based.

Like SOS Inventory, Good Order Inventory is meant for entrepreneurs who use QuickBooks for accounting. Business owners can use it to manage inventory across locations and sales channels and fulfill orders from within the software.

Katana

Pricing: $99/month (billed annually) and up.

Katana is an enterprise resource planning software for manufacturers, meaning it has capabilities that stretch beyond inventory management, like sales, production and custom workflows.

Best desktop inventory software

QuickBooks Enterprise

Pricing: $1,566/year and up.

QuickBooks Enterprise, a desktop accounting software product with optional cloud access, comes with advanced inventory functions, including cost-of-goods tracking. Business owners who already use QuickBooks Enterprise might try out its built-in inventory features before integrating with a third-party app.

Fishbowl

Pricing: $4,395 (one-time payment) and up.

Fishbowl Manufacturing isn’t limited to the cloud — it integrates with both QuickBooks Online and QuickBooks Desktop. User licenses don’t expire, though business owners will have to renew if they want access to software updates.

Best inventory software with free plans

Zoho Inventory

Pricing: Free and up.

Zoho Inventory’s free plan accommodates 50 orders and 50 shipping labels each month, along with one warehouse. This is a good deal for business owners who already use Zoho apps, like Zoho Books for accounting, because of their seamless integration with each other.

Square for Retail

Pricing: Free and up.

Square for Retail has a free POS software plan that includes basic inventory management tools like low stock alerts and barcode scanning capabilities. Retail stores that already use Square may want to try it out and consider upgrading POS plans or integrating with a third-party inventory management app if it isn’t sufficient.

SalesBinder

Pricing: Free and up.

Unlike Square for Retail, SalesBinder is not a POS system; instead, the inventory management app integrates with QuickBooks Online, Xero or Zapier. The software’s Forever Free plan lets business owners manage up to 100 inventory items, accounts or orders. Paid plans, which can track significantly more inventory items, start at $9/month.

Sortly

Pricing: Free and up.

Sortly’s free plan lets business owners manage up to 100 items. The software can accommodate a variety of industries, including construction, medical, government, IT and jewelry. Business owners who require more than one user might consider upgrading to a paid plan.

Inventory Now

Pricing: Free and up.

Inventory Now is an inventory app built for resellers and gives them some flexibility when it comes to how they want to track their inventory. They can either mark a product’s status (bought, sold, delivered, etc.) as it moves along or use a shopping cart checkout function when a customer is buying an item in-person. The app’s free plan caps inventory items at 20.

Ordoro

Pricing: Free and up.

Ordoro’s free plan includes basic shipping and returns features like the ability to create return labels and access discounted USPS rates. Businesses that process more than 1,000 orders per month will have to pay at least $20/month for a plan.

How to choose inventory management software

Consider the following factors to find out which inventory software is the right fit for your company’s needs.

  • Number of users: How many users will need access to your inventory management software? Having to pay for extra users can add up quickly. Be sure to include not only yourself, but also anyone filling or counting inventory, and maybe even your accountant.

  • Scalability: Will the inventory management software or app you choose be able to grow as your business does? The last thing you want is to have to manually re-enter all your inventory if you outgrow your current system.

  • Industry: For example, managing perishable inventory, like food, is very different from managing retail products, like clothes.

  • Integrations: Make sure your inventory software integrates with your accounting software and POS system before subscribing to it. Direct, built-in integrations are typically better than indirect integrations.