Inventory management might be daunting sometimes, especially for brands using a multichannel strategy. That’s why you need the best eCommerce Inventory Management software to assist your work.
1. QuickBooks Commerce (formerly TradeGecko)
The Accounting software Commerce Platform (formerly TradeGecko) is a single, centralized system that allows commerce brands to control their retail and wholesale operations and applications. Because of its core features and vast ecosystem, companies can easily simplify order workflows, improving operational efficiency and customer satisfaction. In addition, it enables you to handle various distribution platforms (including Shopify, Amazon, WooCommerce, Wayfair, and others), fulfillment locations, expedite payments, build private B2B eCommerce experiences for wholesale customers, and automate device connections through multiple channels.
Costing
QuickBooks Commerce costs about $35 a month for the Founder kit, including support for one customer and ten monthly sales orders. A lite version costs $69 per month, a miniature business version costs $169 per month, and a business version costs $459 per month. The more money you pay, the more functionality you receive and more users.
Advantages
- Excellent for all types of companies.
- Multiple distribution platforms are supported.
- The interface is easy to use.
Disadvantages
- There are some glitches in the app.
- Customer service isn’t excellent.
2. Inventory Management in Quickbooks
QuickBooks is another cutting-edge inventory management tool that works in tandem with the Quickbooks accounting system. This ensures you can keep track of the bill of materials, stock levels, and invoicing all in one place.
Quickbooks is a powerful inventory software solution that allows you to quickly and easily see how much of a particular item you have on hand. From the same user-friendly customer interface, you can get real-time inventory valuations and keep track of your purchase orders.
Advantages
- It is easy and convenient to use
- Time monitoring and tax assistance
- With third-party integrations, you can be as creative as you want.
- The price is fair.
Disadvantages
- There are no features that are unique to the industry
- There isn’t a lot of dedicated help available (except on Advanced)
- Outside of accounting, only limited analytics are available
Costing
QuickBooks Inventory Management and Order Fulfillment depend on the QuickBooks program’s total cost. The QuickBooks Essentials kit only includes time monitoring and bill management. The $70 QuickBooks Plus service, on the other hand, provides inventory monitoring. You can get QuickBooks advanced for $150 a month, including a dedicated account manager and invoice batching.
3. Inventory Management with Zoho
Zoho Inventory Management is one of the most well-known tools on the market, designed to assist businesses in increasing revenue, and expanding operations. Zoho Inventory not only helps you manage your offline and online inventory, but it can also combine with other resources in your sales strategy.
You can connect Zoho to your Amazon, eBay, and Shopify accounts from a single application, build purchase orders, manage drop shipments, and more. Furthermore, with serial number features and batch tracking, you can monitor every item in your inventory from beginning to end
Costing
There is a free edition of the Zoho Inventory, but it has many limitations. The paid version starts at $49.00, but you can try out the features with a free trial first.
4. Fishbowl
When it comes to asset management, FIFO software, and accounting systems, Fishbowl inventory isn’t as well-known as Zoho inventory or Quickbooks, but it’s quickly gaining traction. Fishbowl might be the inventory management system for you to monitor inventory and evaluate your business needs.
Fishbowl will help you with anything you want to do with your business, from drop shipping tracking to inventory details, barcoding, and other advanced features. Furthermore, you will get more done because this powerful program combines with some of the most common tools on the market.
Costing
The initial cost of Fishbowl inventory management, which is about $43,95, can seem to be a little high. On the other hand, your license does not expire, so you won’t have to renew it every month or year.
Stitch Labs
Finally, Stitch Labs is all about making your life simpler, whether you’re a small company or a large corporation. It’s a robust management software for monitoring invoicing, on-premise orders, and inventory products. Besides, a user-friendly GUI provides the same level of convenience that Quickbooks and Zoho users expect.
Furthermore, growing brands can use Stitch to market their consequences in various ways and quickly review stock levels through multiple channels.
Stitch Labs’ personalized experience includes everything from pre-discounted inventory to loyal schemes and more. Thus it is ideal for businesses who want to merchandise uniquely.
Costing
There are 3 billing packages of The Stitch Labs, which are Essentials, High-growth, and Premium. However, their prices vary based on your sales volume every year.
