The Top 15 Best Inventory Control Software Solutions for 2024
Inventory control software is designed to manage, monitor, and optimize a company’s inventory levels. It helps businesses keep track of stock quantities, manage orders, maintain optimal inventory levels, and ensure that inventory is used efficiently. This software is essential for businesses that deal with physical goods of any kind, whether in retail, manufacturing, warehousing, or distribution.
There are certainly standalone warehouse inventory control software solutions available today, and some that may integrate with QuickBooks or other accounting software, but the best inventory control software comes as an integrated component of an all-in-one ERP (Enterprise Resource Planning) platform—a comprehensive system designed to manage and optimize a company’s inventory within the broader context of its overall operations.
ERP software integrates inventory control with other critical business functions, not only accounting, but also procurement, production, sales(CRM), and operations, providing a centralized platform for managing a business’ entire supply chain.
Implementing inventory control software as a small business within a broader ERP software solution provides significant advantages and offers competitive advantage in any industry. There are a host of reasons why your business will benefit from integrating warehouse inventory control software functionality as part of an ERP system:
Accuracy. ERP inventory integration keeps information updated in real-time across the system, with up-to-date information for better decision-making.
Automation: Automation of inventory-related tasks, such as reordering, tracking, and reporting, saves time and reduces the potential for human error.
Better Forecasting: Integrated forecasting tools help predict future inventory needs, enabling better planning and meeting customer demand without overstocking.
Planning: Improved visibility into inventory costs helps with budgeting and financial planning, ensuring that inventory expenses are aligned with business goals.
Reporting: Detailed reports generated by ERP systems facilitate internal audits and compliance with financial reporting standards.
Fulfillment: Improved inventory management ensures that products are available when customers need them, enhancing customer satisfaction and loyalty.
Cost Reduction: Efficient inventory management reduces costs, allowing you to offer competitive pricing without sacrificing profitability.
Clearly, the best inventory control software can help your business streamline operations, reduce costs, improve accuracy, and support sustainable growth. When it comes to finding the right inventory control software for your small business, here are some features to look for:
Real-Time Inventory Tracking
Barcode and RFID Scanning
Automated Reordering
Multi-Location Management
Inventory Optimization
Order Management
Reporting and Analytics
Integration with Other Systems
Supplier Management
Serial Number and Lot Tracking
Mobile Access
User Permissions and Security
For a lot of growing businesses, it’s not always easy to find the right inventory management or warehouse inventory control software solution. With so many choices out there, it can be hard to pin down the best inventory control software that really fits the unique needs of your industry, your business, and your budget.
Don’t worry, there’s good news—finding inventory control software for your business has never been easier.
We’re here to help. Our software experts have compiled a comprehensive breakdown of The Top 15 Best Inventory Control Software Solutions for 2024
*Note: Our inventory control software reviews are for informational purposes only. We encourage you to perform research and demo the best inventory control software systems to achieve the most comprehensive comparison.
1. Striven
Striven is an all-in-one ERP business management software solution built with small to mid-market businesses in mind. Our sophisticated software combines project management tools, CRM, finance, sales performance metrics, lead management, collaboration tools, purchasing, HR and payroll, operations, inventory control, compliance tracking, task management tools, (and so much more) into a single, easy-to-use interface. Striven is an infinitely capable software solution that supports every type of employee within your company.
Highlights:
- Project, task, and time management w/ interactive calendar
- Detailed financial and productivity reports generated in seconds
- Fully integrated CRM
- Contractor and subcontractor management
- Self-service portals
- Scheduling & dispatch route planning capabilities
- Fully integrated accounting
- Complete HR functionality
- Inventory management
What Sets It Apart: Striven’s expert team of business analysts personally see to your success. From training and onboarding, technical support, and business-specific customizations, our US-based Striven Support Team is available 24/7. On top of that, Striven’s automation capabilities allow you to work more efficiently.
Pricing: Free trial and custom demo, packages begin at $35/user.
More info: Striven Earns Numerous Awards For Q4 2023
2. Freshworks
Freshworks lets you stay on top of IT contract renewals and purchases with integrated fulfillment and 1-click inventory replenishment.
Highlights:
- Complete audit trails
- Asset value tracking
- Enhanced AI analytics
What Sets It Apart: Get a complete overview of asset dependencies and associations on a single screen.
Pricing: Paid plans start at $15 /agent/mo.
3. Zoho
Zoho inventory control software small business helps growing companies manage inventory across multiple channels and devices. Inventory management you can rely on.
Highlights:
- Smart automation
- Warehouse inventory control software
- One accurate view of inventory everywhere
What Sets It Apart: Mobile app lets you remain connected and get real-time updates on order status from anywhere you find yourself.
Pricing: Paid plans start at $29 /mo.
4. Sortly
Sortly is simple inventory management software. The best inventory software for small businesses to manage supplies, materials, tools, and equipment.
Highlights:
- Easily upload your existing inventory list.
- Organize inventory by type, location, and date.
- Easily add custom items
What Sets It Apart: Create an inventory QR code system right from your mobile device.
Pricing: Paid plans start at $29 /mo.
5. Odoo
Odoo‘s warehouse inventory control software app lets you reduce stockouts, optimize routes, speed up operations, and get real time visibility.
Highlights:
- Automated vendor reminders
- Smart replenishment strategies
- Better quality control and storage
What Sets It Apart: Open source inventory control software offers a cost-effective way to manage your inventory with the flexibility to customize the solution to your specific needs.
Pricing: Paid plans start at $24.90 user/mo.
6. Fishbowl
Fishbowl’s inventory management software tracks inventory, manages multiple warehouse locations, and masters complex manufacturing in a single, easy-to-use solution.
Highlights:
- Meet regulatory requirements through efficient workflows
- On-premises inventory management
- Timely notifications across your organization
What Sets It Apart: The best inventory management software for QuickBooks users.
Pricing: Contact for pricing
7. Microsoft Dynamics 365
Microsoft Dynamics 365 for field service takes inventory management software to the next level by giving you a clear view of your goods from initial receipt to when it goes out the door.
Highlights:
- Total visibility into the inventory process
- Increase profitability and reduce waste
- Dashboards support real-time snapshot
What Sets It Apart: Order inventory in the right quantities at the right time so that you’re never over- or under-stocked.
Pricing: Contact for pricing
8. Lightspeed
Lightspeed inventory control software for online, in store, or on social media marketplaces. Manage all of it with a unified system.
Highlights:
- Browse and buy from built-in supplier catalogs to save time and effort.
- Make price changes across your entire business with just a click.
- Add key product information from hundreds of popular suppliers directly to your POS with one keystroke.
What Sets It Apart: Inventory tracking system built specifically as a retail inventory management software.
Pricing: From $89 /mo.
9. SOS Inventory
SOS Inventory advanced inventory control software for manufacturing supports an unlimited number of outputs and inputs that offers total flexibility to handle both simple manufacturing inventory and cope with by-products and co-products.
Highlights:
- Advanced inventory management
- Integrates with major e-commerce shopping carts
- An intuitive interface
What Sets It Apart: Cloud-based inventory control software for process manufacturing that syncs with QuickBooks Online.
Pricing: Paid plans start at $59.95 /mo. for 2 users
10. CartonCloud
CartonCloud‘s simple but powerful warehouse inventory control software makes managing your warehouse and transportation ops easier.
Highlights:
- Integrated WMS & TMS
- Mobile app barcode scanning
- Scale up or add new features as needed
What Sets It Apart: Integrated software for warehouse inventory and delivery management.
Pricing: From $499/mo.
11. InvenTree
InvenTree is an open-source inventory management software system that provides intuitive parts management and stock control.
Highlights:
- Multiple options for integration with external applications
- Instantly view current stock for a certain part in a particular warehouse location
- Group parts into customizable, structured sets
What Sets It Apart: Create, modify or delete suppliers and their items that are linked to any part# or SKU in your inventory.
Pricing: Contact for pricing
12. Knack
Knack gives you real-time stock levels, raw material tracking, accurate forecasting, and automation. Take your inventory management out of spreadsheets.
Highlights:
- Knack’s API integrates with accounting software like Quickbooks
- Knack’s packages are based on records rather than users
- Build customized apps to easily view and update
What Sets It Apart: Custom inventory management software removes the potential for spreadsheet-prone human error.
Pricing: From $49 /mo.
13. Finale Inventory
Finale Inventory is cloud-based warehouse inventory control software that helps you track inventory operations all in one easy-to-use platform. Keep track of your inventory in one location with a powerful warehouse stock monitoring system.
Highlights:
- Quick inventory snapshot
- Document management
- Out-of-the-box barcode scanning solution
What Sets It Apart: Inventory accounting with QuickBooks integration.
Pricing: From $99 /mo. for 1 user
14. Brightpearl
Brightpearl warehouse inventory control software automates almost everything from shipping and accounting to multi-location inventory management and order fulfillment.
Highlights:
- Process orders up to 70% faster
- Get instant updates across all channels and locations
- Intuitive warehouse transfer recommendations
What Sets It Apart: Brightpearl Inventory Planner offers reliable buying recommendations based on supply patterns, seasonality, and demand predictions.
Pricing: Contact for pricing
15. Cin7
Cin7 connected inventory management software automatically creates a picture of everything you make and sell in real-time, everywhere you need it. Inventory management software to make your business better.
Highlights:
- Connect your data ecosystem in a single interface
- Zero-touch automations
- More than 700 pre-built integrations
What Sets It Apart: Guided walk paths, dedicated warehouse zones and wave-based picking capabilities.
Pricing: From $49 /mo.
Contact an Inventory Control Software Expert
Our Small- to Mid-Market Business Analyst Team at Striven has decades of experience with inventory control software for businesses across a broad spectrum of industries.
Just like every car needs a trusted mechanic, every software needs a dedicated support team.
Have a question?