Navigating the world of inventory management is no small task. It’s especially crucial for thriving eCommerce businesses. The right software doesn’t just organize your warehouse. It curbs costs. It prevents overstocking. It avoids outages. Furthermore, it streamlines every sale, order, and delivery.
Yet, picking the perfect tool is daunting, given the array of software options. To ease this selection process, we’ve curated a list for you featuring 10 top SaaS inventory management solutions. We will offer an in-depth look into each, including their features, ease of use, and more.
10 Best SaaS Inventory Management Tools
Here are the top 10 SaaS inventory management tools.
Fishbowl is the ideal SaaS inventory management solution for manufacturers. It syncs inventory needs with production, balancing demand perfectly. It simplifies order creation and inventory tracking, boosting efficiency. Real-time data sales, orders, and inventory is always at your fingertips with its customizable dashboard.
An essential aspect of Fishbowl is its integrative ability. The platform can integrate with logistics providers like FedEx and UPS. This functionality helps you select the most cost-effective shipping options.
Integrations: Fishbowl integrates with popular sales platforms like Shopify, eBay, and Amazon. It also seamlessly connects with accounting and CRM tools to create holistic processes across your business.
Pricing: Tailored to the client’s requirements.
Ecomdash is another SaaS inventory management solution that’s perfect for small to mid-sized inventories. Its unified interface simplifies orders, shipment, and inventory management. Endurance International Acquired by Constant Contact/Endurance International Group (EIG) in 2019, Ecomdash has been praised for its unique inventory mapping system.
Key features of Ecomdash include multi-channel inventory management, real-time shipping rates, and unlimited support. Additional perks include custom alerts, sales tracking, and product SKU mapping It even offers free inventory resources and can manufactured items, multi-packs, as well as list bundles.
Integrations: Ecomdash seamlessly integrates with Shopify, Amazon, eBay, and more.
Pricing: Monthly fees based on sales volume, starting at $60 for 100 orders. Annual billing gets users a 20% discount.
3. Zoho Inventory
Zoho Inventory is a SaaS offering that’s designed to streamline inventory management for businesses. This software enables companies to create and track sales and purchase orders effectively. Plus, it connects with popular online sales platforms such as eBay and Amazon.
Zoho Inventory boasts features like item bundling, serial and batch tracking, and multi-warehouse management. It oversees the customer lifecycle from order acceptance to dispatch. Vendor transaction management and post-shipment updates are efficiently handled. Additionally, Zoho provides detailed analytics and reporting with an SKU generator.
Integrations: Zoho Inventory works seamlessly with Australia Post, FedEx, DHL and others. Plus, enjoy real-time updates on order status with its mobile application, available on Android and iOS.
Pricing: Options range from a free tier to the Ultimate package at $399 per month, with annual discounts available.
Cin7 brings multi-channel inventory management with B2B and B2C functionality to the forefront. It connects your B2B sales channels to prominent B2C stores, facilitating scalable inventory transactions. There’s also extensive reporting inventory tracking on offer, and you can delve into each sale to understand its fulfillment process. Plus, get access to the directory of third-party marketplaces and stores to push your products to a broader audience.
Key features of the software include the creation of B2B catalogs containing payment terms, and quotes. Also, Cin7 enables you to develop cross-platform workflows and rules, reducing manual tasks and optimizing inventory management.
Integrations: Cin7 syncs with Xero, Quickbooks, Shopify, WooCommerce, Square, BigCommerce, and many others.
Pricing: Detailed pricing is available upon request. Explore Cin7’s custom plans suitable for your business scale and needs.
Acumatica is a SaaS solution offering real-time inventory data access, which ranges from in-transit inventory and costs to reorder quantities. It’s a preferred choice for businesses looking to manage operations at an expanded scale.
Acumatica’s integrated approach presents updated valuations on its inquiry and report screens. You can directly modify inventory costs and physical count via its software. Many consider it the hub for all business data, including inventory, finance, sales, and supply chain.
The platform offers multiple valuation methods, enabling item-specific inventory valuation using moving average, standard cost, or FIFO. Notably, Acumatica lets you control access permissions for each warehouse, ensuring secure and authorized inventory transaction data entry.
Integrations: Acumatica integrates smoothly with eWorkplace Apps, 1Retail POS, Shopify, ShipHawk, and Communify, among others.
Pricing: Reach out to Acumatica for a personalized quote based on your business needs.
Katana excels in inventory control for manufacturers. It offers complete shop floor management, supply tracking, and adaptable manufacturing plans based on material stock levels. The ability to send partial manufacturing orders provides an efficient way to manage large-scale production.
Katana’s drawbacks include limited user access (extra cost for more) and a lack of a mobile app. Despite these, it stands out for its ability to track supplies by volume and expiration date, and its automatic workflows.
Integrations: Xero, QuickBooks, Prospect CRM, Shiptheory, WooCommerce, and more.
Pricing: Starts at $129/month for the Essential plan. Custom pricing for the Enterprise plan.
Linnworks is a cloud-based SaaS inventory solution that specializes in stock forecasting and multi-channel selling. It utilizes historical sales data for stock replenishment and future predictions.
The software’s versatile reporting allows pre-built or custom reports for sales, customer data analysis, and detailed inventory. Purchase orders, real-time updates and multichannel shipping management are other key features.
Notably, Linnworks’ automation syncs inventory levels, updates order statuses, and generates shipping labels, saving significant time. The tool also offers real-time consumption data across multiple sales channels like Wayfair, eBay, Amazon, and others.
Integrations: Buy on Google, Shopify, TikTok, Katana, Payoneer, WooCommerce, and major shipping carriers.
Pricing: Professional plan starts at $200/month for unlimited users and features, and a Corporate plan for $1390/month adding advanced functionalities.
Megaventory is a SaaS inventory management solution perfect for small to medium-sized manufacturing companies. It provides a simple, straightforward system for managing inventory, tracking bundling or assembly processes, and overseeing orders and fulfillment.
The platform offers a range of features designed for smooth operations, including work orders, bulk updating options, BOMs creation, and barcode scanning. Moreover, Megaventory supports the tracking of expiry dates, batch numbers, customer and vendor contact information, and allows for automatic stock alerts.
Integrations: Megaventory syncs with various platforms such as Shopify, Magento, Zapier, and QuickBooks, as well as offers an API for connecting to industry-specific programs.
Pricing: Megaventory’s standard plan costs $135 per month with annual payment (or $150 for month-to-month payments). Custom plans are also available upon request.
9. Finale Inventory
Finale Inventory is a SaaS inventory management system designed to streamline warehouse operations. The platform offers a robust suite of features such as order management, mobile barcode scanning, bill of materials management, product attributes analysis, and serial numbers inspection.
Finale can monitor packaging, check locations, and analyze lots and expiry dates, ensuring comprehensive control over your inventory.
Integrations: Finale smoothly integrates with QuickBooks, enabling real-time tracking and consolidating key ecommerce functions on a single platform.
Pricing: Finale Inventory offers a range of plans starting at $63/month for a single user (Starter Plan) when billed annually. Other plans include the Bronze Plan ($166/month, up to 4 users), Silver Plan ($291/month, up to 7 users), and Gold Plan ($458/month, up to 11 users).
Skubana, a unified order management solution, centralizes and streamlines business processes across multiple channels. The platform automates inventory management, synchronizing stock levels across warehouses, fulfillment centers, sales channels, and drop shippers. It imports orders from diverse channels like marketplaces, shopping carts, retailers, and POS systems, ensuring all data is in one place.
Advanced features include real-time rate shopping via Orderbots and automated purchase order creation based on lead times, seasonality, and sales velocity. Skubana’s predictive analytics enable you to forecast trends and make informed business decisions.
Integrations: Skubana integrates with QuickBooks, Zapier, ShipBob, and provides one-click integrations with Shopify, Shopify Plus, and Shopify POS.
Pricing: Skubana offers custom pricing tailored to business needs.
The Evaluation Process
We evaluated these inventory management solutions on several parameters, with a focus on platforms dedicated primarily to inventory management. Over two dozen systems were initially considered, but we filtered this list down based on affordability and user-friendliness for small to medium-sized businesses (SMBs).
Key evaluation criteria included inventory tracking capabilities, low-stock alert functionality, multi-warehouse and multi-channel handling, reporting, system integrations, and quality of customer support. Points were awarded in each category to determine overall performance.
As a result of the extensive evaluation process, you can now see the top 10 SaaS inventory management solutions available for your business.
At the end of the day, the selection of the right SaaS inventory management tool plays a significant role in the success of your business operations. However, finding the perfect fit requires a deep understanding of your specific business needs and expectations from such a tool.
The 10 SaaS inventory management tools we’ve outlined here have different strengths and features that cater to varying business scales and sectors. From Fishbowl’s impressive integrative capabilities for manufacturers to Skubana’s predictive analytics for comprehensive business management, each tool brings something unique to the table.
But choosing the right software isn’t the final step. It’s just as crucial to invest time in understanding its functionalities and ensuring that it integrates seamlessly with your existing systems. With the right tool and implementation, you can streamline your inventory management and ultimately drive your business growth.