7+ Best Inventory Management Software Of 2022. (Ranked & Reviewed)

Want to manage your inventory as smoothly as it can get? Get the best Inventory Management Software from the list given below. Track your inventory, purchase orders, sales, incoming stocks and many more with a single inventory management tool.

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Inventory management is a stressful process, but it is one of the most important aspects of a business. No matter how painful or stressful it feels, with properly managed inventory a business can reduce costs, and eliminate overproduction or overbooking. That’s why most business organizations look for the best inventory management software that can simplify the process of order fulfillment tracking, keeping track of sales, orders, product levels, and incoming stocks.

With an inventory managed as smooth as a swiss clock, you can easily meet the expectations of your customers and keep your business growing, Here in this article, you can find the best inventory management software to serve your purpose.

Here are the top picks of the best inventory management software you must try:

What Are The Best Inventory Management Software Of 2022?

Megaventory Popular Choice

Easy-To-Use Interface
Cloud-based Software
Cost Reduction
Greater Customer Satisfaction

Zoho Inventory Best Choice

Stock and Order Management
Shipping Options
Seamless Integrations
Customer management

Katana Value For Money

Increased Productivity
Complete Control Over Inventory
Order Management

Sellbrite best for beginners

Easy To Use
Scalable Software
Easy Implementation
Multichannel Sync

Quickbooks Affordable

Advanced Inventory
Field Service Management
Order Management
Accounting Tool

InFlow editor's choice

Known Interface
Customizable Tools
Powerful Reporting

Upserve Best For Restaurants

Unique Reports
Employee Training Mode
Customer Support

What Is An Inventory Management Software?

If we put it in a simplified way, Inventory management software is a web-based application that enables businesses to track and manage their inventory from the manufacturer to the selling point. Apart from that, this inventory management software allows its users in other business processes like Order fulfillment services, accounting, invoices, keeping track of shipments, making reports, and many other things.

You can also keep track of the changing prices through inventory management software. It also enables you to keep track of the lost or stolen products of your inventory. to keep track of these crucial elements of your business, you should get the best inventory management system in the first place.

But how do you know which software for inventory management is the best? Let me help you out with this question in the following section.

What To Look For In The Best Inventory Management Software?

If you are out to get the best inventory management tools, you should be looking for the following functionalities in your inventory software.

Easy to Operate: Just like any other software, the effectiveness of an Inventory management software depends on how easy it is to use. You should be able to operate the inventory management software without any trouble and moreover, the tool should include all the functionalities that could help you align your inventory with the size of your business. As inventory management tools get more powerful, process automation aids in making them easier to use.

User-Friendy Interface: If you are getting software for inventory management, make sure it comes with a clean and simple interface. Making sure that it includes features like data import, and sales tracking is also important. The software solution gets more convenient if it allows you to navigate effortlessly and easy to train new employees.

Multiple Location Access: It is very much possible for businesses to have multiple warehouses. Even if you own a small business right now, you probably are going to expand. Thus you must get inventory management software that is accessible in multiple locations at any point in time. Before you spend your money on an inventory management tool, you should also take customer care into consideration. Read Our Guide On Best Warehouse Management Systems Of 2022

Third-Party Integration: To run your rapidly growing business, you are much likely using more than one software and tool right now. That’s why you should choose an inventory management software that can seamlessly integrate with your existing tools and provide more flexibility in your operations. Your inventory software should integrate with tools like asset management software, accounting software, inventory data, and other important tools.

Reports and Analytics: Data is the most important aspect of any business. To run a growing business, it is crucial to have accurate data that provides an in-depth sight of your growth. It is especially needed when you are managing a large inventory. Your inventory management tool should be able to collect data and present it to you as a precise analytical report. This feature also eliminates the workload of manually preparing the reports by yourself.

Customer Service and Training: No matter how advanced or efficient your inventory management software claims to be, at one point or another, you might get suck with your tool. That’s why you should look for software that provides top-notch customer service and training tutorials for beginners.

Security and Reliability: Look for a solution that gives cloud-based access as a wonderful approach to assure reliability and security. You can rest assured that your inventory data will always be accessible, regardless of where you are or what device you are using. To ensure that all of your data is kept safe and secure, choose inventory management software with excellent security features. Make sure to look over the software’s encryption, password management, and other features.

Now you know what you should be looking for. So we can start our list of the best Inventory Management Software.

Best Inventory Management Tools

Complete List Of The Best Inventory Management Tools

1

Zoho Inventory

Best Inventory Software

Zoho Inventory

Stock and Order Management
Shipping Options
Seamless Integrations
Customer management

If you are willing to expand your business over multiple channels, Zoho could be the best Inventory management tool that you can get. It comes with multiple features like accounting, stock management, order management, CRM Software integration, etc, that allows you to keep track of every unit of your inventory.

Zoho Inventory
Zoho Inventory

Zoho Inventory is a feature-rich, AI-powered inventory management system with item-kitting capabilities that can be tailored to fit the needs of any small to medium-sized business. Zoho includes an end-to-end tracking system, that allows you to track the movement of every product that leaves the warehouse till it reaches its destination. You can also get in-transit details and real-time shipping rates with this inventory software.

Zoho Inventory Features

  • Stock and Order Management: With the set of features, you can easily bundle items and keep track of the stock flow of different products in your inventory. You can also easily manage orders, create sales, and record deliveries with Zoho inventory.
  • Shipping Options: You can choose the most cost-effective and logistically capable shipping carrier with Zoho.
  • Seamless Integrations: Zoho enables its users to easily integrate with the best eCommerce platforms like Amazon, eBay, and many more. With its extensive integrations, you can easily monitor your stock flow.
  • Customer management: It allows for the easy capture of vendor and customer data as well as individualized communication.
PROS
  • It has country-specific versions, providing more convenience to the businesses
  • Provides one of the best shipping carriers for easy order fulfillment
  • The warehouse option enables tracking of every unit in each warehouse you have
  • Zoho provides customer support all around the clock
CONS
  • Zoho lacks the forecast option

Zoho Inventory Pricing

Zoho is one of the most affordable inventory management software that offers very flexible pricing plans along with a freemium version.

Free Plan: $0/month

  • 50 orders/month
  • 50 shipping labels/month
  • 50 Aftership tracking/month
  • 1 Warehouse
  • 2 Users
  • Composite items
  • Client Portal
  • Ecommerce Integrations
  • Integrate 1 Shopify store

Standard Plan: $59/month

  • 1500 orders/month
  • 1500 shipping labels/month
  • 1500 Aftership tracking /month
  • 2 Warehouse
  • 3 Users
  • Composite items
  • Client Portal
  • Ecommerce Integrations
  • Integrate 1 Shopify store

Professional Plan: $99/month

  • 7500 orders / month
  • 7500 shipping labels/month
  • 7500 Aftership tracking/month
  • 5 Warehouses
  • 5 Users
  • Composite items
  • Client Portal NEW
  • Ecommerce Integrations
  • Integrate 2 Shopify stores
  • 5 Automated Workflows / Module
  • Serial Number Tracking
  • Batch Tracking

Premium Plan: $159/month

  • 15000 orders / month
  • 15000 shipping labels/month
  • 15000 Aftership tracking/month
  • 7 Warehouses
  • 10 Users
  • Composite items
  • Client Portal NEW
  • Picklists
  • Ecommerce Integrations
  • Integrate 5 Shopify stores
  • 10 Automated Workflows / Module
  • Serial Number Tracking
  • Batch Tracking

Elite Plan: $239/month

  • Unlimited orders/month
  • Unlimited shipping labels/month
  • Unlimited Aftership tracking/month
  • 15 Warehouses
  • 15 Users
  • Composite items
  • Client Portal NEW
  • Picklists
  • Ecommerce Integrations
  • Integrate 5 Shopify stores
  • 10 Automated Workflows / Module
  • Serial Number Tracking
  • Batch Tracking

VISIT ZOHO

2

Katana

Best Inventory Management Software For Manufacturers

Katana

Increased Productivity
Complete Control Over Inventory
Order Management

Built specially for small manufacturing businesses, Katana is one of the most popular inventory management software that helps owners with the planning or scheduling of production. You can use Katana’s features to improve productions based on priority, track the raw materials, date of expiry, batch, and many more.

Katana
Katana

Katana is a useful tool to improve your overall productivity by minimizing the risk of errors. Because the platform is designed with an intuitive, easy-to-use interface, everyone on your team will be able to quickly adapt to it.

Katana Features

  • Increased Productivity: It improves overall productivity and sales, resulting in increased production. You can also focus more on bringing in more intended customers with effective management efforts.
  • Complete Control Over Inventory: Katana provides real-time control over inventory, which allows you to keep track of every product that is still in stock or out of stock. With the real-time information of the stock allows you to bring in new stocks in the place of stocks that went out.
  • Order Management: Like any other inventory control software, Katana also helps the sales process by managing the orders. It also enables you to keep a close eye on the order’s progress till it is delivered.
PROS
  • Katana supports the casual planning of production
  • Katana allows you to easily manage your orders, inventory, raw materials, and more
  • It provides modern and intuitive user-interface
  • Katana supports integration with numerous third-party apps
CONS
  • There is no feature for multiple currency or multi-language use

Katana Pricing

Katana offers a 14-day free trial to try out its features. It offers two paid plans that charge you per user.

Essential Plan: $99/month

  • 1 full-access user
  • Up to 3 warehouses
  • Access to native integrations (Shopify, WooCommerce, QuickBooks Online, and more)
  • Access to Katana API integrations (i.e. Easy Insight for reporting, CartRover for automation, and more)
  • Support via email or chat
  • Add full-access users for $29/month per user

Pro Plan: $299/month

  • All Essential plan features
  • Unlimited warehouses
  • Batch and expiry date tracking
  • Barcode scanning
  • Multicurrency support
  • Custom print templates
  • Full access to the Katana Shop Floor App for total floor-level control
  • Full access to Katana’s open API
  • Up to 3 shop floor operators (employees or workstations)
  • Add full-access users for $39/month per user
  • Add shop floor operators for $9/month per user

VISIT KATANA

3

Megaventory

Best Inventory Management Software With Barcode Scanner

Megaventory

Easy-To-Use Interface
Cloud-based Software
Cost Reduction
Greater Customer Satisfaction

Megaventory is another popular cloud-based inventory management software in our list that suits any type of medium-sized business. With this tool, you can easily manage your sales, purchase orders, backorders, dropshipping, returns, and inventory items with barcodes and serial numbers.

Megaventory
Megaventory

You can enjoy all these functions with multiple users too. Inventory management focuses on providing inventory at multiple locations, keeping track of stock levels, confirming supplier availability, and ensuring inventory is returned on time. Physical goods manufacture, on the other hand, is done in modular segments that allow you to comprehend and integrate operations from one end of the supply chain to the other while keeping track of expenses.

Megaventory Features

  • Easy-to-use Interface: Megaventory comes with a simple interface that produces and shows crucial enterprise data. It also allows you to route valuable resources to tasks that are more important than extensive software training. It also allows you to devote significant resources to projects that are more vital than software training.
  • Cloud-based Software: Megaventory can be set up quickly, safely store essential documents, and keep the system up to date frequently.
  • Cost Reduction: By implementing this inventory management software you can reduce human-induced errors while manually entering data and improve inventory accuracy. Reducing inventory allows you to save money on storage and make way for new products.
  • Greater Customer Satisfaction: Inventory management operations can be made more accurate and faster. Customers and clients can see where their orders are and how far along they are, and they can count on timely delivery.
PROS
  • The dashboard has a simple and easy-to-use interface
  • An affordable price is a great benefit of the software
  • It integrates with major platforms such as Shopify and QuickBooks online
  • The platform offers excellent, responsive technical support for solving problems.
CONS
  • The report templates for invoices and quotes need improvement.

Megaventory Pricing

Megaventory offers a 15-day free trial and one straightforward plan to the users.

Pro Plan: $135/month

  • 5 Users, 50k Transactions
  •  20 Locations, 20k Products, 20k Clients
  •  2 Hours Training
  •  5 Different Integrations
  •  1 Company

VISIT MEGAVENTORY

4

InFlow

Best Inventory Management Software For Manufacturing

InFlow

Known Interface
Customizable Tools
Powerful Reporting

Majorly built for item-based businesses, InFlow is a perfect combination of simplicity and advancements. With the inventory management software, you can effortlessly track your merch, generate invoices and reports, and manage orders and along with that, it also enables you to deal with other transaction and trade operations.

It provides materials billing, invoices, and other receipts, as well as secure online payment portals and timely order procurement, shipping, and delivery. The flexible interoperability of inFlow with user platforms such as Windows, iOS, and Android allows you to stay on top of your game by allowing you to see everything you need to know in a single click.

InFlow Features

  • Known Interface: As the software is based on Microsoft and Windows SQL, most Microsoft and Windows users may find the interface of inFlow very similar. That means anybody can adopt this inventory software. Getting started with inFlow is also very easy, you just need to enter some basic details like products, their pricing, and business details, and that’d be all.
  • Customizable Tools: Being a system that is very much similar to windows, inFlow does have a lot of shortcuts that enable users to access the Dashboard, Reports, and Settings in a blink. Similarly, you can create a timeline graph using its drop-down many, while you can customize the defaults and datasets.
  • Powerful Reporting: inFlow allows you to create reports that are tailored to the sort of data or output you have. You can combine or mix datasets from sales, orders, and inventory, and display them as a bar graph, line graph, or pie chart, among other graphic styles. You may have more control over your important KPIs by slicing and dicing data in numerous ways.
PROS
  • You can upload multiple items detail in inventory via CSV file
  • It gives you features to which you can change the virtual location of any item.
  • It’s a user-friendly application that doesn’t require an expert to configure it.
  • You can integrate InFlow with eCommerce solutions i.e. Magento & Shopify.
CONS
  • It cannot be used on more than one PC at a time

InFlow Pricing

Entrepreneur Plan: $79/month

  • 2 team members
  • 1 location, no sublocations
  • 100 sales orders/month incl.
  • 2 integrations
  • Unlimited support
  • 2 hours of setup assistance
  • Optional Smart Scanner

Small Business: $219/month

  • 5 team members
  • Unlimited inventory locations
  • 2,000 sales orders/month incl.
  • 3 integrations
  • Unlimited support
  • 2 hours of setup assistance
  • User access rights
  • Showroom
  • Optional Smart Scanner

Mid-Size Plan: $439/month

  • 10 team members
  • Unlimited inventory locations
  • 10,000 sales orders/month incl.
  • Unlimited integrations
  • Unlimited support
  • 2 hours of setup assistance
  • User access rights
  • Showroom
  • Restrict access by location
  • Restrict sales reps
  • Purchase order approvals
  • Remove inFlow branding
  • Optional Smart Scanner

VISIT INFLOW

5

Upserve

Best Inventory Software For Restaurants

Upserve

Unique Reports
Employee Training Mode
Customer Support

If you are into a restaurant business, you certainly need to manage the inventory of your restaurant. Upserve could be the best inventory management system for your restaurant. From taking care of the inventory management, customer profiles, and custom POS workflows, Upserve assists you to level up your service by increasing the accuracy of the orders.

Upserve
Upserve

Upserve offers round-the-clock U.S.-based support, as well as live chat and a web portal that makes it simple to administer your business. You can streamline your operations, increase productivity, and increase profitability with a cloud-based Restaurant POS.

Upserve Features

  • Unique Reports: Managers and owners can keep their fingers on the pulse of their restaurant with Upserve’s daily digest emails and reputation management function. For businesses that know how to act on these insights, having quick access to them may be worth the cost.
  • Employee Training Mode: Upserve’s staff training mode is another notable feature. New personnel can familiarise themselves with the system and its procedures without fear of making a mistake or disrupting daily operations. This might save up time and resources for eateries that are hiring a large number of new employees.
  • Customer Support: For all of its software options, Upserve inventory management software provides 24/7 U.S.-based customer assistance 365 days a year, as well as a variety of ways to contact support specialists. Because bars and restaurants are frequently open outside of regular business hours, having access to round-the-clock support in the event of an emergency is critical.
PROS
  • You can eliminate unnecessary processes from your business.
  • With Upserve, you can increase your sales by adding upsells, cross-sells, and personalized offers.
  • It allows you t manage multiple locations from a single account.
CONS
  • The software is a bit expensive, as you need to pay a terminal fee along with the subscription fee.

Upserve Pricing

Upserve comes with 3 paid plans that you can choose from.

  • Core Plan: $59
  • Pro Plan: $199
  • Pro Plus Plan: $359

VISIT UPSERVE

6

Quickbooks

Best Inventory Management Software For Ecommerce

Quickbooks

Advanced Inventory
Field Service Management
Order Management
Accounting Tool

Quickbook commerce is another inventory solution I have picked for you that can completely integrate with QuickBooks’ accounting tool. By combining these two tools, you can easily manage inventory and prepare invoices side by side.

QuickBooks
QuickBooks

QuickBooks is a great inventory management software to have that comes with sales reports, tax calculation, invoice management, and an expense tracker.

Quickbooks Features

  • Advanced Inventory: With this feature, QuickBooks inventory management software enables you to track inventory levels and it also offers a clear view of inventory tracking.
  • Field Service Management: QuickBooks effectively provides real-time updates from the field.
  • Order Management: You can use this inventory management software to effortlessly streamline your order administration and boost your company’s growth.
  • Accounting Tool: With its accounting tool integration, QuickBooks enables you to track your expenses, invoices, sales, bills, and many more.
PROS
  • The software is easy to use and learn
  • Integrates well with other systems and is flexible with 3rd party applications
  • QuickBooks is easy to access from any device
  • It provides good accounting reports
CONS
  • Lack of direct professional support

Quickbooks Pricing

QuickBooks comes with flexible plans for every kind of need.

Simple Start: $12/month

  • Track income & expenses
  • Invoice & accept payments
  • Maximize tax deductions
  • Run general reports
  • Capture & organize receipts
  • Track miles
  • Manage cash flow
  • Track sales & sales tax
  • Send estimates
  • Manage 1099 contractors

Essentials Plan: $25/month

  • Track income & expenses
  • Invoice & accept payments
  • Maximize tax deductions
  • Run enhanced reports
  • Capture & organize receipts
  • Track miles
  • Manage cash flow
  • Track sales & sales tax
  • Send estimates
  • Manage 1099 contractors
  • Includes 3 users
  • Manage & pay bills
  • Track time

Plus Plan: $40/month

  • Track income & expenses
  • Invoice & accept payments
  • Maximize tax deductions
  • Run comprehensive reports
  • Capture & organize receipts
  • Track miles
  • Manage cash flow
  • Track sales & sales tax
  • Send estimates
  • Manage 1099 contractors
  • Includes 5 users
  • Manage & pay bills
  • Track time
  • Track inventory
  • Track project profitability

Advanced Plan: $90/month

  • Track income & expenses
  • Invoice & accept payments
  • Maximize tax deductions
  • Run most powerful reports
  • Capture & organize receipts
  • Track miles
  • Manage cash flow
  • Track sales & sales tax
  • Send estimates
  • Manage 1099 contractors
  • Includes more than 5 users
  • Manage & pay bills
  • Track time
  • Track inventory
  • Track project profitability
  • Business analytics & insights
  • Manage employee expenses
  • Batch invoices & expenses
  • Customize access by role
  • Exclusive app integrations
  • Dedicated account team
  • On-demand online training
  • Automate processes & tasks
  • Restore company data

VISIT QUICKBOOKS

7

Sellbrite

Best Free Inventory Management Software Small Business

Sellbrite

Easy To Use
Scalable Software
Easy Implementation
Multichannel Sync

Sellbrite is one of the best inventory management software for small businesses, with user-friendly advanced features that help you avoid overstocking. Its multi-channel inventory control capability helps businesses track inventory, automate order routing between several warehouses, and maintain comprehensive warehouse control.

Sellbrite
Sellbrite

This inventory and order management software is a one-of-a-kind platform with excellent customer support and a 14-day trial period that allows users to discover the value of Sellbrite integration.

Sellbrite Features

  • Easy To Use: With this easy t operate inventory management software you can easily make your shipping smooth and automate the whole process to track orders. transactions and other details instantly.
  • Scalable Software: Sellbrite allows multichannel users to sell products and manage inventories through scalable functionality for specific channels.
  • Easy Implementation: Unlike other inventory management software the implementation process of Sellbrite isn’t as prolonged and expensive. You only need to sign up online and you can access Sellbrite by using web browsers.
  • Multichannel Sync: Sellbrite allows you to manage orders and optimize data from different platforms in one single platform.
PROS
  • It offers shipping support for multi-warehouse locations
  • Enable tracking alerts that notify users of the required order
  • Automate and manage stock levels, sync inventory, and customize a sales channel with a single click
  • Customize and streamline operations from various channels making it easier for users to manage orders and data. 

Sellbrite Pricing

With a freemium version, Sellbrite offers 3 paid plans.

  • Pro 100: $29/month
  • Pro 500: $79/month
  • Pro 2K: $179/month

VISIT SELLBRITE

Final Take On The Best Inventory Management Software

No matter what type of business you are in, be it an online dropshipping business or an eCommerce store, keeping track of the products in your inventory is important. Thus, instead of wasting hours doing that manually, the best inventory management software is the tool you should invest in.

Inventory software not only just keeps track of your products but also helps you in accounting, tax calculating, generating invoices, and many more. All the inventory managers I have listed can pull out the job efficiently enough.

Get the best inventory management tool from the list above and give your business the boost it needs. If you liked this blog, leave a comment in the comment box.

Sayani Chakraborty

Sayani Chakraborty

Experienced Software Test Analyst who has a comprehensive understanding of all of the tools available for software testing and analysis. Results-oriented quality assurance tester in a fast-paced SaaS startup with quick application development life cycles. Responsible for collecting test data on new software and worked closely with engineers using advanced technologies to integrate testing as a part of the development process. Performed integration testing, System Testing, End-to-End, and Regression testing and supported developers in resolving problems by completing additional tests. Skilled at functionality testing, quality, front-end testing, and implementing test plans, test cases, and test processes. Have Interest In Data Execution, Test Reporting, and Continuous Development Of Testing Skills.

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