# 10 Best Inventory Management Software for Small Businesses 2026 | Capterra > Find and compare the 2026 best Inventory Management software for small businesses, using our interactive tool to quickly narrow your choices based on businesses like yours. Source: https://www.capterra.com/inventory-management-software/s/small-businesses --- # Best Inventory Management Software for Small Businesses in 2025 Last updated on July 18, 2025 Written by [Molly Burke](https://www.capterra.com/resources/author/mburke/) Writer Edited by [Mehar Luthra](https://www.capterra.com/resources/author/mehar-luthra/) Editor With lean teams and limited resources, small and mid-sized businesses (SMBs) face challenges managing their inventory accurately and efficiently. [Inventory management software](https://www.capterra.com/inventory-management-software/) introduces time-saving automation to help businesses track stock levels across channels, manage customer orders, and know what to restock to meet forecast demand. It helps businesses achieve balanced stock levels so they can be more cost efficient and avoid errors associated with manual or outdated methods.  To help you find the right inventory management tool for your small business, we analyzed 16,803 verified user reviews from the past two years, including 11,974 from small businesses to identify the most important features and benefits.[\[1\]](#footnotes) ## 10 best inventory management software for small businesses [ NetSuite ](#6a680041-f372-46f3-a3e9-a6d200b556c0) Highly rated for Billing & Invoicing 4.2 (1991) [ SKU IQ ](#d0a990d2-f355-49fb-9670-a75800a95f37) Highly rated for Customer Support 4.7 (173) [ Odoo ](#49a68156-7e55-465d-bce6-a816004f00fd) Highly rated for Reporting/Analytics 4.2 (1291) [ UpKeep ](#eb689565-b6bf-4bdf-8229-a6d200b73cad) Highly rated for Inventory Control 4.6 (1320) [ Sortly ](#5265d66a-0219-49e7-b573-a82400584160) Highly rated for Ease of Use 4.5 (951) [ QuickBooks Enterprise ](#885b2837-e739-4034-bcbf-a6d200b49f49) Highest Rated 4.5 (20610) [ Shopify POS ](#93594c05-392c-4a5f-ade9-a84b55adb776) Highly rated for Functionality 4.6 (239) [ Fishbowl ](#36d6929a-8596-4ab4-8d93-a6d200b3f78f) Highly rated for Inventory Tracking 4.2 (1087) [ SAP Business One ](#873f4e3e-be52-4e01-9baf-a6d200b654f5) Highly rated for Purchase Order Management 4.3 (340) [ EZO ](#d2ac22ad-1a9a-4fb0-94bd-a6d200b3ea7f) Highly rated for Value for Money 4.6 (1543) [Explore our full Inventory Management solutions](https://www.capterra.com/inventory-management-software/) ### How we picked the software on this list All the tools listed below are featured in the [2024 Capterra Shortlist for Inventory Management](https://www.capterra.com/inventory-management-software/shortlist/). The listed tools have received more than 20 reviews in the past two years from small and midsize businesses, with ratings of 4 and above. Our analysis of thousands of user reviews highlights key insights about user experiences with these platforms, offering valuable feedback on functionality, ease of use, customer support, and value for money. * * * [### QuickBooks Enterprise](https://www.capterra.com/p/174984/QuickBooks-Enterprise/) [4.5 (20610)](https://www.capterra.com/p/174984/QuickBooks-Enterprise/reviews/) Highest Rated Highest Rated [View Profile](https://www.capterra.com/p/174984/QuickBooks-Enterprise/) Starting Price: $2210.00 Flat Rate, Per Year Free Trial Free Version Top rated feature: Inventory Control Based on 88 reviews User rating: SG 61% of reviewers rated it 5 stars QuickBooks Enterprise is the most powerful accounting and business management solution in the QuickBooks software family. The tool includes features for warehouse inventory management, helping organizations keep track of their various products and materials. Among the most popular inventory management software for small and midsize businesses, QuickBooks Enterprise had the highest overall rating. It is rated 4.5 out of 5 stars based on more than 20,000 verified user reviews. Features Features reviewers most value **Cash management** Reviewers appreciate QuickBooks Enterprise's cash management capabilities, giving the feature a 4.6 out of 5 rating. They report that it provides real-time visibility into cash flow, helping them track money going in and out of their business. Users find it easy to manage bank balances, pay bills, and monitor financial health. They highlight time savings thanks to simplified cash flow processes and automation of routine tasks. They also mention that it helps in analyzing bills and invoices effectively. **Invoice processing** Users find QuickBooks Enterprise's invoice processing capabilities very user-friendly and efficient; they give this feature a rating of 4.5 out of 5. They report that it simplifies the process of entering, tracking, and managing invoices. Reviewers highlight the ease of integrating with bank accounts, storing invoice history, and emailing invoices directly to clients. They also mention that it helps in maintaining accurate accounts payable and receivables, streamlining payment processing. **Invoice creation** Reviewers indicate that QuickBooks Enterprise makes invoice creation straightforward and customizable; they give this feature a rating of 4.5 out of 5. They appreciate the ability to create professional-looking invoices quickly, with options to customize templates and add company specifics. Users report that it allows for easy tracking of overdue invoices and automated emailing to clients. They find the interface user-friendly and helpful. They also mention that it enhances productivity and ensures accurate billing. Pros & Cons RT Rosario T. Banking, 51-200 employees Used the software for: 2+ years "The great way of tracking invoices to the expenses and costs, as well a the great customer support, are some of the best qualities of this platform." SW Sharon W. Design, Self-employed Used the software for: 2+ years "Overall, QuickBooks Enterprise is a powerful system that offers most of what I need, especially in inventory management, customizable reports, and secure user permissions, all within a platform that’s very easy to navigate." SW Sharon W. Design, Self-employed Used the software for: 2+ years "However, the cost can be high for small businesses, and its limitations with multi-currency can be challenging for companies with international operations." LL Laura L. Utilities, 11-50 employees Used the software for: 2+ years "It can also feel overwhelming for new users due to its complexity, and the interface looks somewhat outdated compared to newer cloud-based platforms." Pricing QuickBooks Enterprise’s lowest-priced Gold plan starts at $1,922 per year for an annual subscription (up to 30 users). The Platinum plan costs $2,363 per year for advanced inventory and pricing features, and the “Diamond” tier costs $4,668 per year for up to 40 users and additional QuickBooks and Salesforce features. Custom pricing is also available for businesses with unique needs. [Learn more about QuickBooks Enterprise pricing plans](https://www.capterra.com/p/174984/QuickBooks-Enterprise/pricing/) Integrations **Popular Integrations** - **Microsoft Excel** is a spreadsheet software that integrates with QuickBooks Enterprise to exchange inventory data between the two services. - **Microsoft 365** is a family of productivity software (including Outlook, OneDrive, and Teams) that integrates with QuickBooks Enterprise to allow teams to export inventory data. - **Gmail** is a web-based email service from Google that integrates with QuickBooks Enterprise to allow teams to send invoices. [Learn more about QuickBooks Enterprise](https://www.capterra.com/p/174984/QuickBooks-Enterprise/) * * * [### EZO](https://www.capterra.com/p/124047/EZOfficeInventory/) [4.6 (1543)](https://www.capterra.com/p/124047/EZOfficeInventory/reviews/) Highly rated for Value for Money Highly rated for Value for Money [View Profile](https://www.capterra.com/p/124047/EZOfficeInventory/) Starting Price: $65.00 Other, Per Month Free Trial Free Version Top rated feature: Inventory Control Based on 118 reviews User rating: HN 65% of reviewers rated it 5 stars EZOfficeInventory is an asset management and tracking platform for monitoring company inventory, from vehicles to retail products. The software’s features include mobile access, calendars, dashboards, GPS location, history tracking, and more. Based on our analysis of the most popular inventory management software for SMBs, EZOfficeInventory is the highest-rated for value for money. It is rated 4.6 out of 5 stars in this category, based on more than 1,500 verified user reviews. Features Features reviewers most value **Asset tracking** Reviewers appreciate EZOfficeInventory's robust asset tracking capabilities, giving this feature a rating of 4.6 out of 5. They report that it simplifies tracking who has what equipment, including serial numbers, and facilitates accountability, especially for remote workers. Users find it valuable for managing assets across multiple locations and recovering assets from separated employees. They highlight the ease of knowing where assets are in real-time and the historical record feature for efficient audits. They say it makes managing expensive equipment straightforward and reduces the time and energy required for monthly audits. **Inventory tracking** Reviewers give this feature a 4.6 out of 5 rating. They report that EZOfficeInventory's inventory tracking capabilities significantly improve operational efficiency. They indicate that the user interface makes it easy to see who checked in or out of inventory. Reviewers also find it helpful for tracking inventory across multiple locations. They appreciate the ease of knowing when products need reordering and the ability to access inventory lists by multiple users. They mention it helps prevent loss of equipment and supports compliance requirements. Pros & Cons RP Raavi P. Computer Software, 10,001+ employees Used the software for: 1-2 years "Over all I had very good experience using EZOffice inventory where I can allocate assets to new users as well as able track the inventory in warehouse so that’s based on info I can take necessary actions and at the time of I audit I can show the report very smooth" SJ Samantha J. Construction, 1-10 employees Used the software for: 2+ years "I love the different options and versatility for each product type you can really keep track of everything from expenses to quantities, it keeps things super efficient in our business!" ap abdiel p. Architecture & Planning, 51-200 employees Used the software for: I used a free trial "The downside of working in multiple locations, is that if you have spotty connection the product productivity fades along with it, but the mobile app helps with that." HD Hala D. Automotive, 51-200 employees Used the software for: 2+ years "If the Asset number or AkzoNobel code is not accessible, it is more difficult to find the product on EZOffice, also when I'm looking for an active product that we have at our facility, everything is showing up including retired items." Pricing EZOfficeInventory offers three different pricing tiers based on the level of functionality required: Essential, Advanced, and Premium. The price of each tier depends on how many items users want to track: for example, the Essential tier costs $35 per month (billed annually) to track 250 items, and $187.13 per month to track 3,000 items (billed annually). All tiers allow for an unlimited number of users and offer different advanced features. Users can also try EZOfficeInventory for free for 15 days. [Learn more about EZO pricing plans](https://www.capterra.com/p/124047/EZOfficeInventory/pricing/) Integrations **Popular Integrations** - **Dropbox Business** is a cloud document management platform for storing and sharing files that integrates with EZOfficeInventory to upload documents, images, and reports. - **OneDrive** is a cloud storage service from Microsoft that integrates with EZOfficeInventory to sync and centralize asset management documents. - **Zendesk Suite** is a customer service platform for handling support tickets and live chat that integrates with EZOfficeInventory so that assets can be associated with tickets. [Learn more about EZO](https://www.capterra.com/p/124047/EZOfficeInventory/) * * * [### Sortly](https://www.capterra.com/p/169199/Sortly-Pro/) [4.5 (951)](https://www.capterra.com/p/169199/Sortly-Pro/reviews/) Highly rated for Ease of Use Highly rated for Ease of Use [View Profile](https://www.capterra.com/p/169199/Sortly-Pro/) Starting Price: $49.00 Flat Rate, Per Month Free Trial Free Version Top rated feature: Inventory Control Based on 489 reviews User rating: KR 64% of reviewers rated it 5 stars Sortly is an inventory management solution for small and midsize businesses in various industries. The software offers features such as mobile access, barcoding and QR coding, reporting and analytics, and more. In our analysis of the most popular inventory management software for SMBs, Sortly is the highest-rated for ease of use. It is rated 4.6 out of 5 stars in this category, based on more than 700 verified user reviews. Features Features reviewers most value **Asset tracking** Reviewers appreciate Sortly's asset tracking capabilities, giving the feature a rating of 4.2 out of 5. They report it helps them monitor equipment locations, maintenance history, and replacement schedules. Users find it valuable for tracking IT equipment, consumables, and vehicle maintenance. They say it supports product stewardship across distributors and reduces lost equipment. They highlight the ease of setting up asset tags and using barcodes for tracking. They also mention it helps with insurance purposes and maintaining accurate stock counts. **Inventory tracking** Reviewers give this feature a rating of 4 out of 5. Reviewers highlight Sortly's inventory tracking as crucial for job costing and material management. They report it helps track equipment and consumables, monitor stock movements, and maintain accurate inventory counts. Users appreciate the location tracking options and the ability to move products easily. They find it useful for ensuring compliance with federal regulations. They also mention the benefits of automated notifications for low stock and the ability to generate detailed reports. Pros & Cons RB Rosie B. Furniture, 1-10 employees Used the software for: 6-12 months "Great experience, fantastic cataloguing option for my home staging business, I havent been able to find anything else as user friendly or simple to see my inventory on hand and set up folders for homes where my staging is located, to easily move inventory from one to the other." GU Garrett U. Building Materials, 11-50 employees Used the software for: 2+ years "Sortly was exactly what we needed to transform our business form guessing and manually counting material to being able to track all out supply with very little effort. Once we're able to get new people trained, we've been able to track our supply with minimal" SM Sirena M. Architecture & Planning, 11-50 employees Used the software for: 1-2 years "I don't use it as inventory for sales, but as a library for all of the architectural samples we have in our office. Since the price increase, the cost doesn't make sense, and we will migrate to another app." DB Dinta B. Construction, 1-10 employees Used the software for: Less than 6 months "One limitation we've noticed is that Sortly doesn't currently support having two different price fields for a single item (e.g., purchase price and resale price)." Pricing Sortly pricing is divided into four tiers based on the number of users and items. For example, the Free tier ($0 per month) allows for 100 items and 1 user, and the Advanced tier ($24 per month, billed annually) allows for 500 items and 2 users. Larger plans are also available: the Ultra plan ($74 per month) permits 2,000 items and 5 users, and the Premium plan ($149 per month) provides a maximum of 5,000 items and 8 users. Sorty also offers a 14-day trial to test the tool out. [Learn more about Sortly pricing plans](https://www.capterra.com/p/169199/Sortly-Pro/pricing/) Integrations **Popular Integrations** - **Slack** is a cloud-based communication and productivity tool that integrates with Sortly to give users real-time updates about inventory changes. - **Microsoft Teams** is a team collaboration and messaging platform that integrates with Sortly to provide real-time inventory notifications to Teams channels. - **QuickBooks Online** is a business accounting software package that integrates with Sortly for users to send invoices and purchasing orders to their QuickBooks account. [Learn more about Sortly](https://www.capterra.com/p/169199/Sortly-Pro/) * * * [4.7 (173)](https://www.capterra.com/p/186941/Sku-IQ/reviews/) Highly rated for Customer Support Highly rated for Customer Support Starting Price: $35.00 Usage Based, Per Month Free Trial Free Version Top rated feature: Inventory Control Based on 40 reviews User rating: SR 84% of reviewers rated it 5 stars SKU IQ is a connected retail and inventory management solution that helps retail businesses keep their inventory synchronized across multiple locations and sales channels. Among the most popular inventory management software for SMBs, SKU IQ is the highest-rated for customer support. It is rated 4.8 out of 5 stars in this category, based on more than 100 verified user reviews. SKU IQ provides customer service via email, chat, or support ticket and also has an online help center with tutorial articles and videos. Features Features reviewers most value **Order management** Reviewers appreciate SKU IQ's order management capabilities, giving this feature a 4.4 out of 5 rating. They find it helpful that orders from platforms like Shopify, Wix, and Square are seamlessly integrated and synchronized. Users report that this aspect simplifies tracking and processing orders from both online and in-store sales. They say it keeps everything organized and up to date, eliminating the need for manual entry. Reviewers indicate that the synchronization point of sale platforms and the ability to reorder inventory easily are particularly valuable aspects of SKU IQ's order management. Pros & Cons SR Sergio R. Sporting Goods, 11-50 employees Used the software for: Less than 6 months "Going further, SKU IQ can create products across both systems, so we can save time and focus on managing the product information in one system." MM Miguel M. Events Services, 11-50 employees Used the software for: Less than 6 months "This is great for syncing your Wix inventory with Square POS and Square for Retail, the Product search & Multi Sync features are good and the Sync Events list is handy too." AF Amanda F. Automotive, 1-10 employees Used the software for: Less than 6 months "I am waiting now for 4 weeks to have an issue resolved which prohibits the basic functionality of the program, to connect square and squarespace, and no matter how many times i tried to follow up with the company, i got nothing until i went ahead and booked myself in for a 'demo'." MU Megan U. Retail, 1-10 employees Used the software for: 6-12 months "Some issues setting up - still unsure how to show that an order is being fulfilled by shopify from TT shop." Pricing SKU IQ offers a 14-day free trial. Then, pricing is divided into four tiers based on the number of orders and locations. The Basic plan ($45 per month, billed monthly) allows for 100 orders and 1 location, and the Plus plan ($89 per month) allows for 500 orders and 2 locations. For larger businesses, the Growth plan ($159 per month) has a limit of 1,500 orders and 5 locations, and the Premium plan ($349 per month) provides for 5,000 orders and unlimited locations. For companies with over 5,000 orders, SKU IQ provides custom pricing quotes at $0.06 per order. Integrations **Popular Integrations** - **PayPal** is an online payment system for sending and receiving money that integrates with SKU IQ to synchronize orders and inventory between point-of-sale (POS) and eCommerce solutions. - **Wix** is a no-code software for building websites that integrates with SKU IQ to allow eCommerce websites to update their inventory. - **Shopify** is a small business eCommerce platform for running online stores that integrates with SKU IQ to keep the store’s inventory, orders, and products up to date. [Learn more about SKU IQ](https://www.capterra.com/p/186941/Sku-IQ/) * * * [### Shopify POS](https://www.capterra.com/p/205337/Shopify-POS/) [4.6 (239)](https://www.capterra.com/p/205337/Shopify-POS/reviews/) Highly rated for Functionality Highly rated for Functionality [View Profile](https://www.capterra.com/p/205337/Shopify-POS/) Starting Price: $5.00 Flat Rate, Per Month Free Trial Free Version Top rated feature: Mobile Access Based on 19 reviews User rating: 67% of reviewers rated it 5 stars Shopify POS is a point-of-sale software application that helps retail businesses sell their products in person. The platform includes an inventory management solution that automatically updates inventory after a sale and provides real-time visibility into stock levels at different warehouses and channels. Based on our analysis of the most popular inventory management software for SMBs, Shopify POS is the highest-rated for functionality. It is rated 4.5 out of 5 stars in this category, based on more than 100 verified user reviews. Features Features reviewers most value **Shopping cart** Reviewers give this feature a rating of 4.8 out of 5. They generally find the shopping cart feature in Shopify POS intuitive and straightforward, benefiting from its integration with their online stores. This integration allows for efficient management of inventory and sales across multiple channels—particularly appreciated by users who operate both online and physical stores. However, some users have encountered challenges, such as difficulty setting up temporary sales taxes for different locations and occasional issues with the checkout process, especially when internet connectivity is unreliable. While the interface is user-friendly, there are calls for enhanced customization options to better tailor the shopping cart experience to individual business needs. **Payment processing** Reviewers give this feature a rating of 4.6 out of 5. Payment processing with Shopify POS is largely praised for its flexibility and ease of use, with the system supporting a variety of payment methods, including credit cards, debit cards, and mobile payments. The integration with Shopify Payments and other platforms like Etsy facilitates transactions. Despite these strengths, some users have reported issues with hardware compatibility and occasional delays in processing transactions. Additionally, the cost of transaction fees is a concern for some, particularly when not using Shopify Payments, as these fees can accumulate and impact overall expenses. **Retail management** Reviewers give this feature a rating of 4.6 out of 5. The retail management features of Shopify POS receive positive feedback for their effectiveness in managing inventory and sales. Users appreciate the system’s ability to seamlessly integrate online and in-store operations, simplifying inventory management and providing comprehensive sales tracking. The reporting and analytics tools are valued for delivering insights into sales performance, aiding in business decision-making. Nevertheless, some users desire more advanced features, such as improved handling of returns and exchanges and more robust inventory management capabilities. There is also mention of the need for additional paid apps to access certain functionalities, which can increase the overall cost of using the system. Pros & Cons Dr. Mario C. M. Apparel & Fashion, Self-employed Used the software for: 2+ years "Being able to integrate seamlessly with other apps to enhance the checkout experience like gift card balances, rewards balance for points, etc." FS Fletcher S. Hospitality, 11-50 employees Used the software for: 2+ years "Shopify POS makes it easy to enter orders and process payments for clients, it's vital for avoiding affiliate fees when using an incognito window" WR Will R. Consumer Goods, 11-50 employees Used the software for: 2+ years "The receipt printer and barcode scanners disconnect daily and require manual resets of the entire system while customers are waiting and we are losing sales" Dr. Mario C. M. Apparel & Fashion, Self-employed Used the software for: 2+ years "The only hiccups I have is when there are software updates and I have to ensure I’m using inventory from the right location." Pricing Pricing for Shopify’s in-person POS system starts at $5 per month (billed annually) for POS Lite, a basic version of the software that includes some inventory management features. In addition, Shopify charges rates of 5% for cards and third-party payment providers. For access to the full set of inventory management functionality, users should purchase POS Pro, which costs $69 per month per location (billed annually). With this version, Shopify charges 2.6% plus 10 cents for cards, and 2% for third-party payment providers. Note that users can try the software for free for 3 days, then get the first month for $1. [Learn more about Shopify POS pricing plans](https://www.capterra.com/p/205337/Shopify-POS/pricing/) Integrations **Popular Integrations** - **Shopify** is a cloud-based e-commerce platform that integrates with Shopify POS to manage other sales channels (such as online stores, social media, and digital marketplaces). - **Meta for Business** is a tool for publishing content on Facebook and Instagram that integrates with Shopify POS to manage online product catalogs. [Learn more about Shopify POS](https://www.capterra.com/p/205337/Shopify-POS/) * * * [### UpKeep](https://www.capterra.com/p/145635/UpKeep/) [4.6 (1320)](https://www.capterra.com/p/145635/UpKeep/reviews/) Highly rated for Inventory Control Highly rated for Inventory Control [View Profile](https://www.capterra.com/p/145635/UpKeep/) Starting Price: $20.00 Per User, Per Month Free Trial Free Version Top rated feature: Inventory Control Based on 12 reviews User rating: JB 68% of reviewers rated it 5 stars UpKeep is a computerized maintenance management system (CMMS) for organizations to streamline their operation workflows. The tool includes functionality for work order management, preventive maintenance, asset management, parts and inventory, analytics, and more. In our analysis of the most popular inventory management software for SMBs, UpKeep was selected as the best for inventory control. UpKeep offers inventory features such as barcoding, real-time updates, and low-stock alerts to avoid stockouts. Features Features reviewers most value **Form creation** Users appreciate UpKeep's user-friendly interface and ease of use; they give it a rating of 5 out of 5. Many reviewers highlight the software's ability to streamline processes and improve communication, which is crucial when creating forms. However, some users have noted issues with customization and the need for more flexibility in certain features. Overall, while the form creation feature is considered efficient and beneficial, there are areas where users would appreciate enhancements to better tailor forms to their specific needs. **Product identification** Reviewers give this feature a rating of 5 out of 5. They appreciate the software's ability to track and manage assets effectively, which is a critical component of product identification. The integration of mobile applications and ease of access are also highlighted as strengths. However, some users have experienced challenges with the software's capabilities, such as difficulties in uploading items and the need for more robust reporting features. While UpKeep is generally seen as a helpful tool for product identification, there are opportunities for improvement in its reporting functionalities. **Work order creation** Reviewers give this feature a rating of 4.7 out of 5. They frequently commend UpKeep for its ability to streamline work order processes, making it easier to create, assign, and track tasks. The mobile app is particularly praised for its convenience and real-time updates. However, some users have mentioned occasional technical issues, such as glitches and slow performance. Despite these challenges, UpKeep is generally regarded as an effective solution for work order management, with users appreciating its impact on productivity and communication. Pros & Cons BR Brandon R. Hospitality, 11-50 employees Used the software for: I used a free trial "While UpKeep has a relatively slow UI and occasional bugs, I think it facilitates easy creation, assignment, and tracking of work orders in real time very well." Clark J. Machinery, 11-50 employees Used the software for: 6-12 months "It's alright, mobile app was nice for my technicians, and I was able to track the reporting on my work orders for my team" Terry Y. Consumer Services, 1-10 employees Used the software for: 6-12 months "I feel like all maintenance asking always use more interface updates along with overhaul updates more regularly especially for upkeep. Though all the stuff I listed that makes it seem like the user is in full control you're still the lack of being able to do your own reporting which is probably the main issue no poor times I'll just being able to see your job orders it's the little things that are like nothing could be fixed if you actually ask and implemented their most DieHard customers responses and problems." MS Mehran S. Information Technology and Services, 501-1,000 employees Used the software for: 6-12 months "It has a learning curve and takes some time to get used to as there are many different options which can easily be messed up with one another." Pricing UpKeep pricing is divided into multiple tiers based on the functionality that users require. The Lite tier ($20 per user per month) offers asset management, unlimited work orders, and customer support. The Starter tier ($45 per user per month) gives access to everything in Lite plus inventory management, time tracking, and basic analytics. The Professional tier ($75 per user per month) provides everything in Starter plus multiple inventory lines, signature capture, and advanced reporting and analytics. There’s also a free trial to test the tool for 14 days. [Learn more about UpKeep pricing plans](https://www.capterra.com/p/145635/UpKeep/pricing/) Integrations **Popular Integrations** - **Slack** is a cloud-based communication and productivity tool that integrates with UpKeep to receive real-time notifications about maintenance workflows. - **Microsoft Excel** is a spreadsheet software that integrates with UpKeep to export maintenance analytics and reports from UpKeep. - **Microsoft Teams** is a team collaboration and messaging platform that integrates with UpKeep to provide real-time notifications to Teams channels. [Learn more about UpKeep](https://www.capterra.com/p/145635/UpKeep/) * * * [### Fishbowl](https://www.capterra.com/p/123794/Fishbowl/) [4.2 (1087)](https://www.capterra.com/p/123794/Fishbowl/reviews/) Highly rated for Inventory Tracking Highly rated for Inventory Tracking [View Profile](https://www.capterra.com/p/123794/Fishbowl/) Starting Price: Not provided by vendor Free Trial Free Version Top rated feature: Inventory Control Based on 128 reviews User rating: JM 52% of reviewers rated it 5 stars Fishbowl is an inventory management platform that comes with specialized products for both on-premises and cloud-based inventory management, as well as products for eCommerce and AI-enabled insights. Among the most popular inventory management software for SMBs, Fishbowl was selected as the best for inventory tracking. Fishbowl users have real-time visibility into inventory locations and quantities, and can also create custom tracking labels for their manufacturing parts and assets. Features Features reviewers most value **Inventory control** Reviewers give this feature a rating of 4.1 out of 5. They report that Fishbowl's inventory control capabilities provide real-time data, which helps reduce spoilage and maintain competitive costs. Reviewers appreciate the ability to control inventory movement down to specific locations and the seamless integration with Fishbowl ShipExpress. They find the system useful for maintaining accurate inventory levels and traceability. However, some users mention that the software can be overly complex and that inventory accuracy can sometimes be an issue. **Order management** Reviewers appreciate Fishbowl's order management capabilities, giving the feature a 4.3 out of 5 rating. They report that it integrates well with eCommerce platforms to pull new order details and track orders from quote to fulfillment. Users indicate that the process flow is logical and integrates with QuickBooks for financial accounting. They find it easy to create and maintain orders, although some mention that changing fulfilled orders can be inflexible. Users also highlight the helpful feature of voiding unposted shipments to QuickBooks. Pros & Cons RP Ryan P. Design, 1-10 employees Used the software for: I used a free trial "My favorite thing about Fishbowl is that it is a powerful inventory and manufacturing management solution, especially for businesses that have outgrown basic systems like QuickBooks inventory." JM Jaisson M. Logistics and Supply Chain, 11-50 employees Used the software for: Less than 6 months "We’ve been able to better track inventory, manage orders, and maintain more accurate stock levels, which has improved efficiency across the team. While there is a learning curve and some areas that could be more user-friendly, once the system is set up and processes are in place, it performs reliably." MR Matthew R. Food & Beverages, 1-10 employees Used the software for: Less than 6 months "Well atleast in our case any data migration from a current ERP to a new dual system solution can cause risk and complexity with moving the data over." GH Grant H. Retail, 11-50 employees Used the software for: 6-12 months "The HubSpot integration doesn’t support syncing actual Orders (only Deals), which limits CRM and sales alignment." Pricing Fishbowl offers two main products: Fishbowl Drive (a cloud-based version of the software) and Fishbowl Advanced (an on-premises version that allows businesses to self-host the software). Besides the hosting location, the main difference as of writing is that Fishbowl Advanced includes a payment solution, while Fishbowl Drive does not. Pricing for both products is available only on request. [Learn more about Fishbowl pricing plans](https://www.capterra.com/p/123794/Fishbowl/pricing/) Integrations **Popular Integrations** - **Dropbox Business** is a cloud document management platform for storing files that integrates with Fishbowl to share documents about customers, orders, and inventory. - **Salesforce Sales Cloud** is a sales productivity and automation software that integrates with Fishbowl to provide the sales team with real-time visibility into inventory counts. - **QuickBooks Online** is a business accounting software package that integrates with Fishbowl to help adjust various accounts (accounts receivable, accounts payable, expenses, etc.). [Learn more about Fishbowl](https://www.capterra.com/p/123794/Fishbowl/) * * * [### Odoo](https://www.capterra.com/p/135618/Odoo/) [4.2 (1291)](https://www.capterra.com/p/135618/Odoo/reviews/) Highly rated for Reporting/Analytics Highly rated for Reporting/Analytics [View Profile](https://www.capterra.com/p/135618/Odoo/) Starting Price: $31.10 Per User, Per Month Free Trial Free Version Top rated feature: Purchase Order Management Based on 29 reviews User rating: NS 53% of reviewers rated it 5 stars Odoo is an enterprise resource planning (ERP) and customer relationship management (CRM) software suite with dozens of different applications, each with a singular purpose. Odoo’s real-time inventory management app lets businesses select different strategies for picking and reordering so that they don’t run out of stock. Based on our analysis of the most popular inventory management software for SMBs, Odoo was selected as the best for reporting and analytics. The software’s reporting features let users see how long items have sat in the warehouse, track products from the supplier to the consumer, and more. Features Features reviewers most value **Billing and invoicing** Reviewers appreciate Odoo's billing & invoicing capabilities for their ease of use and efficiency; they give this feature a rating of 3.6 out of 5. They highlight the support for multiple currencies, partial payments, and automated reminders, which improve cash flow and reduce administrative tasks. Users report that the automated invoicing reduces manual work and ensures timely billing. They find the customizable and professional invoices helpful. Reviewers also mention the insightful dashboards and the ability to track payments and expenses, contributing to better financial management and business processes. Pros & Cons Yatra P. Retail, 10,001+ employees Used the software for: Less than 6 months "Many features like customization, tasks tracking, multiple integration and automation are available which saves a lot of time." RP Ryan P. Design, 1-10 employees Used the software for: Less than 6 months "Instead of piecing together multiple tools, Odoo integrates key business functions in one system which can simplify workflows and reduce tool sprawl." hd hana d. Retail, 11-50 employees Used the software for: 6-12 months "My Odoo database — which I paid for and which should have been created under my company’s ownership — was created and controlled entirely under ADG’s ( odoo authorised partner) internal account. Because of this, ADG was able to delete my database and remove my access without any authorization." hd hana d. Retail, 11-50 employees Used the software for: 6-12 months "No one should be in this situation waking up to see that the fully paid subscription account with database and pos completly deleted without prior notice and althoug im the admin of the odoo shop account. But what i didnt know that the odoo partner i signed with have scamed me and created my odoo shop under there company accouny which is a clear data ownership Violation." Pricing Odoo has a unique pricing model. Businesses that use only a single application (such as the inventory app) can use that app for free with an unlimited number of users. The Standard tier costs $24.90 per user per month (billed annually) and offers access to Odoo’s full application suite (sales, marketing, human resources, accounting, CRM, and much more). The Custom tier costs $37.40 per user per month (billed annually) and offers advanced features such as on-premises hosting and Odoo Studio, which lets businesses build their own apps. Odoo also offers a 15-day free trial before committing to a paid plan. [Learn more about Odoo pricing plans](https://www.capterra.com/p/135618/Odoo/pricing/) Integrations **Popular Integrations** - **Google** **Docs** is an online word processor and collaboration tool that integrates with Odoo to synchronize documents and files between the two services. - **PayPal** is an online payment system for sending and receiving money that integrates with Odoo to allow businesses to offer online payments. - **Gmail** is a web-based email service from Google that integrates with Odoo to exchange data between Gmail inboxes and Odoo databases. [Learn more about Odoo](https://www.capterra.com/p/135618/Odoo/) * * * [4.2 (1991)](https://www.capterra.com/p/135757/NetSuite/reviews/) Highly rated for Billing & Invoicing Highly rated for Billing & Invoicing Starting Price: Not provided by vendor Free Trial Free Version Top rated feature: Inventory Control Based on 81 reviews User rating: PS 46% of reviewers rated it 5 stars NetSuite is a comprehensive business management software suite for small and midsize companies, including the NetSuite Warehouse Management System (WMS). NetSuite WMS includes support for mobile devices and seamlessly integrates with the rest of the NetSuite stack, helping users shift from manual warehouse processes to automated ones. In our analysis of the most popular inventory management software for SMBs, NetSuite was selected as the best for billing and invoicing. The software’s invoice processing system automatically sends receipts, invoices, and payments when ordering and restocking. Features Features reviewers most value **Financial reporting** Reviewers appreciate NetSuite's financial reporting capabilities, giving the feature a 4.2 out of 5 rating. They highlight the real-time insights and customizable reports, which are easy to understand and beneficial for both finance and non-finance professionals. Users report that the integration with other NetSuite modules enhances data analysis across business areas. They find the flexibility in designing reports valuable, though some say customizations require effort. Reviewers indicate that the accurate and timely reports facilitate audits and decision-making, making financial management more efficient. **Contact database** Reviewers highlight NetSuite's contact database for its comprehensive and user-friendly interface; they rate this feature a 3.9 out of 5. They appreciate the ability to store, organize, and access contact information easily, along with tracking communication history. Users report that the customization options, such as custom fields and easy import/export functions, enhance usability. They find the centralized database valuable for managing customer relationships and sales activities. However, some reviewers note that contacts cannot be shared across multiple subsidiaries, requiring duplicates for multi-subsidiary visibility. Pros & Cons MM Michael M. Architecture & Planning, 51-200 employees Used the software for: 2+ years "It allows me to tailor solutions to specific business needs, streamline workflows, and build scalable systems that truly support operational efficiency." SY Sadanandarao Y. Retail, 201-500 employees Used the software for: 2+ years "Furthermore, the ability to create custom records and fields without complex database management ensures the system scales effortlessly with evolving business requirements." PS Paul Fabian S. Retail, 51-200 employees Used the software for: I used a free trial "This limitation reduces efficiency in space planning and order packing, requiring workarounds that add time and complexity to daily operations." TD Tasman D. Automotive, 51-200 employees Used the software for: 2+ years "At the current time our primary issue is system performance. Although we have reviewed the scripting and workflows and upgraded to 5 processors there still seems to be delays in simple tasks" Pricing NetSuite pricing is not publicly listed and is available only on request. Integrations **Popular Integrations** - **Docusign** is an electronic document signature technology that integrates with NetSuite and allows users to sign and request signatures from within the NetSuite interface. - **Box** is a cloud-based document storage and collaboration platform that integrates with NetSuite to share and organize files such as purchase orders and invoices. - **BambooHR** is a human resources software platform that integrates with NetSuite to synchronize employee data. [Learn more about NetSuite](https://www.capterra.com/p/135757/NetSuite/) * * * [### SAP Business One](https://www.capterra.com/p/214667/SAP-Business-One/) [4.3 (340)](https://www.capterra.com/p/214667/SAP-Business-One/reviews/) Highly rated for Purchase Order Management Highly rated for Purchase Order Management [View Profile](https://www.capterra.com/p/214667/SAP-Business-One/) Starting Price: Not provided by vendor Free Trial Free Version Top rated feature: Inventory Control Based on 29 reviews User rating: 46% of reviewers rated it 5 stars SAP Business One is an enterprise resource planning (ERP) solution for small businesses that includes functionality for financial management, customer relationship management (CRM), inventory, sales, operations, and more. The software’s inventory feature includes procurement, master data management, warehouse integration, and reporting. Among the most popular inventory management software for SMBs, SAP Business One was selected as the best for purchase order management. The software gives users control over the purchasing process, from handling purchase orders to accounts payable invoices. Features Features reviewers most value **Inventory control** Reviewers rate this feature 4.3 out of 5. They appreciate the tool's comprehensive capabilities in managing inventory across multiple warehouses and tracking inventory history. The software is praised for its ability to provide real-time insights which is crucial for businesses with complex supply chains. However, some users have noted that the system can be rigid and lacks flexibility, requiring significant customization to meet specific business needs. The learning curve is also highlighted as a challenge, with users needing time to fully understand and utilize the system's inventory control features effectively. Despite these challenges, many users find the inventory control capabilities of SAP Business One to be a valuable asset for their operations. **Product identification** Reviewers give this feature a rating of 4.3 out of 5. They appreciate the system's ability to track and manage product information efficiently, which is essential for businesses with extensive product catalogs. The integration capabilities with other business functions, such as sales and purchasing, are also seen as beneficial. However, some users have expressed concerns about the complexity of the system, particularly when it comes to setting up and managing product identification features. The need for customization and the associated costs are frequently mentioned drawbacks. Pros & Cons Gareth R. Food & Beverages, 11-50 employees Used the software for: 2+ years "I’m comfortable working with item masters, bin-managed warehouses, batch/lot tracking, and integrated purchasing-to-finance workflows. While some advanced reporting and automation require custom queries or add-ons, I’ve found B1 to be a reliable and flexible ERP that supports accurate decision-making and scalable operations" CE Cydrina E. Information Technology and Services, 201-500 employees Used the software for: 1-2 years "Using SAP has made checking inventory of certain parts, organizing service calls for our technicians and correcting billing issues on the back-end incredibility straightforward." TK TANISH K. Computer Software, 201-500 employees Used the software for: 2+ years "The main drawback of SAP B1 is it's initial complexity for new users and the potential high cost of implementation and customisation." WS Waheed S. Construction, 51-200 employees Used the software for: 6-12 months "SAP Business One has many weakness points, it not flexible and not compatible with business types, in our construction company we failed implementing SAP Business One because the lack of flexibility with our needs." Pricing SAP Business One pricing is not publicly listed and is available only on request [Learn more about SAP Business One pricing plans](https://www.capterra.com/p/214667/SAP-Business-One/pricing/) Integrations **Popular Integrations** SAP Business One integrations are not publicly available but can be configured by request. [Learn more about SAP Business One](https://www.capterra.com/p/214667/SAP-Business-One/) * * * ## Top inventory management software for small businesses at a glance Vendor Highly rated Starting Price [NetSuite](https://www.capterra.com/p/135757/NetSuite/)[4.2 (1991)](https://www.capterra.com/p/135757/NetSuite/reviews/) Billing & Invoicing Not provided by vendor [SKU IQ](https://www.capterra.com/p/186941/Sku-IQ/)[4.7 (173)](https://www.capterra.com/p/186941/Sku-IQ/reviews/) Customer Support $35.00 Per Month [Odoo](https://www.capterra.com/p/135618/Odoo/) [4.2 (1291)](https://www.capterra.com/p/135618/Odoo/reviews/) Reporting/Analytics $31.10 Per Month [Learn More](https://www.capterra.com/p/135618/Odoo/) [UpKeep](https://www.capterra.com/p/145635/UpKeep/)[4.6 (1320)](https://www.capterra.com/p/145635/UpKeep/reviews/) Inventory Control $20.00 Per Month [Learn More](https://www.capterra.com/p/145635/UpKeep/) [Sortly](https://www.capterra.com/p/169199/Sortly-Pro/)[4.5 (951)](https://www.capterra.com/p/169199/Sortly-Pro/reviews/) Ease of Use $49.00 Per Month [Learn More](https://www.capterra.com/p/169199/Sortly-Pro/) [QuickBooks Enterprise](https://www.capterra.com/p/174984/QuickBooks-Enterprise/)[4.5 (20610)](https://www.capterra.com/p/174984/QuickBooks-Enterprise/reviews/) Highest Rated $2210.00 Per Year [Learn More](https://www.capterra.com/p/174984/QuickBooks-Enterprise/) [Shopify POS](https://www.capterra.com/p/205337/Shopify-POS/)[4.6 (239)](https://www.capterra.com/p/205337/Shopify-POS/reviews/) Functionality $5.00 Per Month [Learn More](https://www.capterra.com/p/205337/Shopify-POS/) [Fishbowl](https://www.capterra.com/p/123794/Fishbowl/)[4.2 (1087)](https://www.capterra.com/p/123794/Fishbowl/reviews/) Inventory Tracking Not provided by vendor [Learn More](https://www.capterra.com/p/123794/Fishbowl/) [SAP Business One](https://www.capterra.com/p/214667/SAP-Business-One/)[4.3 (340)](https://www.capterra.com/p/214667/SAP-Business-One/reviews/) Purchase Order Management Not provided by vendor [Learn More](https://www.capterra.com/p/214667/SAP-Business-One/) [EZO](https://www.capterra.com/p/124047/EZOfficeInventory/)[4.6 (1543)](https://www.capterra.com/p/124047/EZOfficeInventory/reviews/) Value for Money $65.00 Per Month [Learn More](https://www.capterra.com/p/124047/EZOfficeInventory/) Explore our 852 Inventory Management solutions[Browse Directory](https://www.capterra.com/inventory-management-software/) ## Our methodology To be considered for this list, products had to: - Feature in the [2024 Capterra Shortlist for Inventory Management](https://www.capterra.com/inventory-management-software/shortlist/). - Meet our market definition for inventory management software. - Have more than 20 reviews from small and midsized businesses (SMBs) within two years of the evaluation period. We took the highest rated products in each of the listed parameters unless that product already appeared on our list, in which case we featured the next highest rated.  **Most valued features selection:** Our research team analyzed verified inventory management software reviews on Capterra (as of October 2024) to identify the features that users consider most critical in each of the listed tools. Features that received the highest importance ratings were then included in the list. **Review excerpts selection:** Review excerpts are passages extracted from longer reviews written by verified reviewers. We obtain these excerpts by applying an algorithm that considers factors including, but not limited to, length, sentiment, topic coverage, and thematic relevance. Excerpts represent user opinion and do not represent the views of, nor constitute, an endorsement by Capterra or its affiliates. Excerpts are not edited for clarity or grammar. **Popular integrations selection:** We identified integrations from our internal database and selected products considered as “most popular” based on how often they were cited by users as integrating with products in the category. ## What is inventory management software?  Inventory management software tracks stock levels across multiple channels in real-time, so businesses can quickly assess the inventory they have on hand and make decisions on reordering based on customer demand forecasts. This software commonly integrates with software used to manage physical and online stores, such as eCommerce management software, CRM software, and point of sale (POS) software.  Users can get real-time updates about stock levels, analyze sales data to understand demand, create and track purchase orders for new inventory, scan in new stock, and organize their product catalogs. These tools also commonly come with mobile access, so users can check stock levels on-the-go.  ## Importance of inventory management software for small businesses Small businesses too often rely on dated methods of managing inventory, such as manually tracking stock on paper or spreadsheets. Additionally, they tend to have smaller teams than large enterprises; manually tracking inventory, forecasting demand, managing orders, and handling fulfillment logistics can fall on one person. As a result, SMBs suffer from inefficiency, frequent data entry errors, and inaccurate forecasting.  With inventory management software, SMBs can eliminate much of the routine work of inventory management and get more done, reduce the incidence of human error, and use analytics to prevent issues with shortages or overstock.  Other key reasons inventory management software is important for small businesses are: - **Providing real-time visibility into stock levels:** Inventory management software can automatically update stock levels when a product is received from a supplier, moved from storage onto shelves, or sold to a customer. Rather than tabulating stock levels at closing time, SMBs can constantly track inventory, getting a real-time read on what’s running low.   - **Allowing on-the-go access:** With inventory management software, users needn’t be tethered to a computer. Many tools offer mobile apps so SMBs can stay up to date even when off site.  - **Automating forecasting for more accurate ordering:** SMBs can run into issues with forecasting when they don’t have the right data—or misread the data they do have. Inventory management uses analytics to offer insights into what products are likely to continue performing for the business.  It’s especially important for small businesses looking to expand their operations to solidify formal processes around inventory management, including investing in an automated tool. An accurate report of the products and materials your business uses can save you money, better serve customers, and put more time and investment toward growth. ## Key features to look for in inventory management software for small businesses All inventory management systems contain three core features: inventory tracking, which monitors the amount and movement of stock; inventory optimization, which balances stock to meet customer service and revenue goals; and product identification, which links barcodes or serial numbers to products.  Here is a list of other common features of inventory management software that are particularly important for small businesses searching for the right tool. Among this list are features that users from small businesses have rated as “highly important” or “critical” in Capterra reviews in the past two years.  ### Inventory control This feature puts a magnifying glass on the process of managing stock within a warehouse or other storage facility. This includes receiving inventory, storing it, and moving it out onto store shelves or into customer orders. Users can track where stock is located within the storage facility, its real-time quantity, and its expiration date (if applicable), so you can make sure customers receive the right items. 94% of reviewers rate this feature as highly important or critical. ### Real-time inventory tracking Helps users track and monitor incoming and outgoing inventory, such as raw materials, unfinished goods, and ready-to-sell items. Automatically tracking inventory with software helps prevent issues associated with manual methods, like input errors and latency. 93% of reviewers rate this feature as highly important or critical. ### Search/Filter This feature makes it simple to find details and documents about your inventory, including purchase orders and product information. 85% of reviewers rate this feature as highly important or critical. ### Reporting and analytics A reporting and analytics feature allows users to track important metrics and see detailed insights on inventory, sales, and financial performance, so they can make changes to boost efficiency. 83% of reviewers rate this feature as highly important or critical.   ### Multi-channel inventory management You need a system that tracks inventory and orders across every location where you store or sell products, whether that’s in physical warehouses and stores, online on your own website, on social media, or through other third-party marketplaces.  ### Stock and reorder alerts Reorder management and alert features automatically let you know it’s time to replenish stock based on real-time order volume and forecast needs.  ### Integrations It’s especially important for your inventory management system to integrate well with your CRM and point-of-sale software, to allow for real-time updates that help prevent stockouts.  ### Other inventory management considerations Your inventory management system should have mobile access, so you and your employees can check orders and stock levels on-the-go. Your product should also come with a barcode or ticket scanning feature to automatically update stock levels as products move in and out of storage. ## How to choose the right inventory management software for your small team It’s important to take time to evaluate a variety of options before you invest in inventory management software. Additionally, knowing what your business needs—both now and in future growth phases—and setting a budget before you browse can help you make the right choice.  ### Features Most inventory management systems include common features like inventory tracking and optimization, forecasting, and reporting/analytics. Some tools also include features for internet of things (IoT) integration, supplier management, status tracking, and multi-currency support. Your small business may need some, but not all, of the features that come with the most advanced systems.  When considering which inventory management software you should buy, consider your business’s needs, both right now and in the future if your business plans to grow. What level of analytics and/or performance management do you want your new software to provide? Will the software support your business as it expands its product offerings, fulfillment reach, or properties? Answering these questions will help you gauge what features to look for.  ### Costs As a small business, you may be working with a limited budget for software purchases. That means it’s important to focus on finding an inventory management solution that has the features you need, while leaving room for a future growth phase. Your budget should include the initial cost of the software, plus long-term or additional costs, such as subscription fees, upgrades, or maintenance fees.  An often-overlooked factor that drives up the long-term cost of a software purchase is ease of use. Your small team needs software that’s easy to learn, so they don’t have to slow down productivity or deal with constant frustration caused by a difficult tool. Choosing user-friendly software that comes with responsive customer support services leads to fewer interruptions as you get started with your new product, and a greater likelihood that you’ll stick with the tool rather than try to replace it. ### Integrations Your new inventory management software should integrate with your existing systems for point of sale, CRM, and eCommerce. These integrations help you get the most out of your inventory management software’s forecasting and reporting features, as well as improve customer service. ## Tips for implementing inventory management software When it comes to software implementation, having a clear plan and approach is essential for a smooth transition and maximizing the tool's benefits. These tips can help you plan successful inventory management software implementation at your small business: ### 1\. Train your team In order to get the most out of your inventory management software, you have to properly train your team on how to use it. You should provide hands-on training sessions and follow up with resources like videos and guides for reference. Work from the assumption that even a product with stellar ease-of-use ratings will take some time to get used to.  ### 2\. Integrate with existing processes Good integration isn’t just about connecting software systems. It’s also about making sure your new tool fits into your team’s processes. Define ownership for various tasks related to the new software, set guidelines for communication, and customize features so that the new tool enhances efficiency instead of adding new complexity to existing workflows.   ### 3\. Measure success As soon as you implement your new software, start tracking metrics such as your customer satisfaction score, fill rate, and inventory accuracy. Regularly review these key performance indicators (KPIs) to check whether your new tool is improving efficiency.  ## The future of inventory management for small businesses Technological advancements, globalization, and climate change present varied challenges and opportunities for businesses today. Let’s take a look at how these emerging trends affect the way businesses approach inventory management. ### Advancement of AI-driven technology According to Gartner research, retailers are using AI and IoT devices to better track inventory in real time, so they can serve customers across multiple online and physical channels. This is critical for businesses that want to expand their footprints to serve a wider audience while maintaining and improving operational efficiency.[\[2\]](#footnotes) ### Sustainability risk mitigation by leveraging software Climate change and infectious disease have caused raw materials shortages over the past several years, [with research showing](https://www.capterra.com/resources/small-manufacturers-sustainability-strategies-need-updating-to-combat-resource-scarcity/) that most small to midsize manufacturers in the US are concerned about the availability of raw materials and water in the future. Sustainability efforts and risk management strategies, including using inventory management software with forecasting features, can help businesses be more resilient while managing these challenges.  ### Increased need for supply chain management Supply planning and performance management are critically important in today’s era of supply chain disruptions. Leaders in supply chain management need to better utilize data to avoid problems like over-buying and supplier delays, so they can minimize waste and ensure the timely delivery of goods to customers.[\[3\]](#footnotes) ## What does inventory management for a small business cost? Pricing for inventory management software for small businesses averages $57 per month for basic functionality. For more advanced features, such as collaboration tools and budget tracking, price averages can range between $122 and $210 per month. Monthly, flat rate pricing models can involve higher dollar values based on capabilities and other factors. There are also [free tools](https://www.capterra.com/inventory-management-software/?pricing_options=FREE_VERSION) and [free trials](https://www.capterra.com/inventory-management-software/?pricing_options=FREE_TRIAL) of paid tools available.  **Product** **Pricing model** **Free version** **Free trial** **Basic** **Premium** **Advanced** [Limble CMMS](https://www.capterra.com/p/162600/Limble-CMMS/) Subscription /month Yes Yes $23 $59 - $590 N/A [WooPOS](https://www.capterra.com/p/165410/WooCommerce/) Subscription /month No Yes $139 $39 - $398 $299+ [Finale Inventory](https://www.capterra.com/p/149851/Finale-Inventory/) Subscription /month No No $99 $240 $420+ ## What is the difference between inventory management for small and large businesses? While inventory management is important for businesses of all sizes, those operating at a larger scale tend to face more complexity in their inventory management workflow, which affects the kind of software they select and how they use it. The features that are considered essential, how much stock your business handles, and how many user seats you need are common differences between how large and small businesses use inventory management software.  For instance, large businesses may need to purchase an inventory management tool with advanced features and functionality to handle a higher volume of customer orders, a larger product catalog, or multiple warehouse facilities. A large business may also have a bigger team and may need to purchase more user seats with their software subscription.  While small businesses still benefit from the efficiency and accuracy of features like real-time inventory tracking, stock and reorder alerts, and barcode scanning to get through their day-to-day operations, they may sell a more limited set of products at a lower overall volume, with fewer employees involved.  Then there’s familiarity with software-driven processes for managing inventory. Whereas a large business may be looking to upgrade their existing inventory tool, a small business may be a first-time adopter of inventory management software, and may face a steeper learning curve when transitioning from manual methods or spreadsheets to software. If this sounds familiar, you’ll want to choose a product that’s rated highly for ease of use and customer support as well as functionality. One thing to keep in mind is that if your business is looking ahead to a growth phase, you should invest in an inventory management system that can grow with you, whether that means expanding your team, product catalog, order volume, or storage properties. ## Common inventory management pitfalls small businesses need to avoid Mistakes in inventory management, especially for those new to the process, are common. However, with the right preparation, small businesses can avoid typical challenges. Below are some common inventory management pitfalls that teams should be ready to tackle head-on. ### Using a tool that does not integrate with your CRM, point of sale, or eCommerce software Your inventory management software needs to be compatible with the software you use to track customer interactions, process transactions, and manage online orders. Otherwise, you may not get the most accurate inventory level readings, demand forecasts, or reorder alerts.  When narrowing your selections, be sure to check with vendors to see if their tools integrate with your existing tech stack.  ### Not using automated features If you’re upgrading from a manual method or spreadsheets, you’re probably used to spending a lot of time on data entry and calculating performance metrics—or you’ve gone without. Today’s inventory management software systems use a variety of automated methods to track stock as it moves on and off the shelf, including barcode scanning, sales data, and IoT devices. Letting the software handle inventory tracking helps you reduce errors, speeds up reporting turnaround time, and improves forecasting accuracy.  ### Using a tool that can’t handle your order volume Some tools are better suited than others to processing a large daily/monthly/quarterly order volume. You should buy an inventory management system that supports your current load and leaves room for more as and when your business grows. Talk to vendors about what their products can handle, and check verified reviews for any issues related to the software’s order tracking bandwidth before you commit financially. How much does an inventory management system cost for a small business? Based on our analysis, you can expect to pay an average of $57 per month for an inventory management tool with basic functionality. If you want advanced features like collaboration tools and budget tracking, you’ll have to pay more, from $122 up to $210. There are also [free tools](https://www.capterra.com/inventory-management-software/?pricing_options=FREE_VERSION) and [free trials](https://www.capterra.com/inventory-management-software/?pricing_options=FREE_TRIAL) of paid tools available.  Which software is recommended for doing inventory management? Inventory management software is recommended for doing inventory management. Some inventory management tools are tailored to specific industries, such as retail, warehousing, or manufacturing, and some systems come with advanced features specifically designed to handle finance, data analytics, eCommerce operations, and supplier management tasks in depth. How to keep track of inventory for small a business for free? [Free software](https://www.capterra.com/inventory-management-software/?pricing_options=FREE_VERSION') and [free trial versions](https://www.capterra.com/inventory-management-software/?pricing_options=FREE_TRIAL) of paid software are commonly available. With a free software plan, you get access to basic features, which is ideal for businesses with a limited budget. With a free trial, you can try out software, typically for up to 14 days, to see if it fits your needs before committing financially. Which inventory method is best for small business? While many businesses use manual methods or spreadsheets to track their inventory, we recommend using inventory management software to better handle inventory tracking, forecasting, and order management. Having an outdated method—or no method at all—is associated with pain points like inefficiency, frequent errors, time spent on routine tasks, and a higher rate of stock-outs and lost inventory. With automation, alerts, and reporting features, inventory management software can help businesses save time and money. Is Excel used for inventory management? Yes, some businesses use Excel for inventory management, though this tends to be an inefficient method. Based on more than 300 calls with inventory management software buyers in the past year, we found that 62% of businesses using spreadsheets for inventory management cite efficiency as a pain point, noting too much manual data entry leading to errors, slow loading speeds due to poor data management, poor search functionality, and the need for more automation. [\[5\]](#footnotes) What is the best app for keeping inventory? According to our analysis of products with high market demand and reviews from Capterra Shortlist, [QuickBooks Enterprise](https://www.capterra.com/p/174984/QuickBooks-Enterprise/) had the highest overall rating from verified small business reviewers. QuickBooks Enterprise is a business management software suite with features for inventory management as well as accounting, payroll, time tracking, and reporting. It can be tailored to support businesses in the contracting, manufacturing, wholesale, and retail industries. **Sources** 1. **Capterra reviews data:** Capterra reviews are collected from verified users for individual software products. For this report, we analyzed reviews from the past two years as of the production date. [Read the complete methodology.](https://www.capterra.com/resources/proprietary-data-research/#software-buyers-guides-methodology) 2. [Market Guide for Retail Store Inventory Management Applications](https://www.gartner.com/document-reader/document/4913031?ref=solrAll&refval=408872536), Gartner 3. [Supply Chain Brief: Inventory Excellence Requires Integrated Supply Planning and Performance Management](https://www.gartner.com/doc/4583799?ref=solrAll&refval=400779820&), Gartner 4. **Capterra software pricing data:** Only products with publicly available pricing information and qualified software products within the category, as of the date of production, are included in the pricing analysis. [Read the complete methodology here](https://www.capterra.com/resources/proprietary-data-research/#software-buyers-guides-methodology). 5. **Capterra advisor call notes:** Findings are based on data from telephonic conversations that Capterra’s advisor team had with small-to-midsize businesses seeking CRM tools. For this report, we analyzed phone interactions from the past year as of the production date. [Read the complete methodology](https://www.capterra.com/resources/proprietary-data-research/#software-buyers-guides-methodology). [Molly Burke](https://www.capterra.com/resources/author/mburke/) Molly Burke is a senior analyst and writer for Capterra. She covers customer experience and marketing in the retail and restaurant industries, with a focus on how emerging technology is transforming the way everyday people shop. Her research helps business owners make software investment decisions that will help them navigate the ever-shifting retail landscape.  Molly’s research and analysis is informed by more than 120,000 authentic user reviews on Capterra and nearly 8,000 interactions... [Mehar Luthra](https://www.capterra.com/resources/author/mehar-luthra/) Mehar Luthra is a team lead at Capterra and specializes in editing reports that cover the latest trends affecting small businesses. With nearly a decade of experience, she has edited a multitude of research articles, top-rated software reports, and thought leadership articles for diverse markets such as Brazil, Japan, Canada, France, Australia, and India. She finds it particularly rewarding to produce content that provides small-business owners with practical tips and helpful advice on topics... Related reading Best rated products on this list - [ NetSuite](#6a680041-f372-46f3-a3e9-a6d200b556c0) - [ SKU IQ](#d0a990d2-f355-49fb-9670-a75800a95f37) - [ Odoo](#49a68156-7e55-465d-bce6-a816004f00fd) - [ UpKeep](#eb689565-b6bf-4bdf-8229-a6d200b73cad) - [ Sortly](#5265d66a-0219-49e7-b573-a82400584160) - [ QuickBooks Enterprise](#885b2837-e739-4034-bcbf-a6d200b49f49) - [ Shopify POS](#93594c05-392c-4a5f-ade9-a84b55adb776) - [ Fishbowl](#36d6929a-8596-4ab4-8d93-a6d200b3f78f) - [ SAP Business One](#873f4e3e-be52-4e01-9baf-a6d200b654f5) - [ EZO](#d2ac22ad-1a9a-4fb0-94bd-a6d200b3ea7f) Talk to a Capterra advisor for free and get results within 15 minutes.