Does your small business carry inventory or stock? Is it a hassle to manage your current paper-based inventory process? Is excel-based inventory management contributing to errors? Are back-orders a common concern?
If you answered “yes,” to any of the above scenarios then you may need to simplify and upgrade your inventory management process. Not to worry — these are all common place problems for small businesses that can be solved with the right tools.
Managing raw materials, goods in process or finished goods (inventory management) is one of the ‘unglamorous’ yet essential elements of many small businesses. But the reality is that inventory is money tied up, so it should be managed carefully to maximize your bottom line.
Like most small business owners, you likely don’t want to commit to laborious and costly enterprise-level software, yet you realize that excel isn’t the best solution either. If you’re overwhelmed with time-consuming, pain-staking and old-fashioned inventory management systems –paper-based, excel-based or ‘simply not at all’ approaches — you have more options than you may realize.
Hassle-Free Online Inventory Management Tools
If you’re in the market for a web-based inventory management solution without the overpriced complexity and tedious learning curve, here are six tools to consider:
1. Skyware Inventory
Created by Open Sky Software, Skyware Inventory is a free web-based inventory management solution for small to mid-sized businesses. Learn more at skywareinventory.com.
InventoryBox is an online inventory management, purchase management, point of sale, vendor management, accounting and invoicing solution. They offer a free account or a 30 day money back guarantee on all packages – no questions asked. Learn more at inventorybox.com.
If your small business requires a web-based multi-functional app that includes inventory management in one single system, Brightpearl is a viable option. The app offers modules covering eCommerce, Inventory management, Accounting, Order processing, CRM and Servicedesk. Learn more at brightpearl.com.
4. Unleashed Software
Unleashed is a web-based inventory management software that boasts shopping cart integration (i.e. Magento, Dremus, etc) and compatibility with Xero online accounting software. A free 14-day trial is available at unleashedsoftware.com.
Megaventory is a multiuser cloud platform that includes sales, purchasing and inventory management solutions for businesses and stores that distribute inventory of physical items. Learn more about their 15-day free trial at megaventory.com.
Zoho CRM offers sales cycle management features by integrating online inventory management features, such as Products, Price Books, Vendors, Sales Quotes, Orders, and Invoices with the Sales related modules such as Leads, Accounts & Contacts, and Opportunities. Their inventory management software is integrarted between pre-sales and post-sales activities in a single application. Learn more at zoho.com/crm/order-management.