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10 Best Cloud-Based Inventory Management Software in 2023

Software Shortlist

Here’s the list of the best tools that I’ll cover in this article.

  1. 1. SkuVault — Best all-in-one inventory management system
  2. 2. Linnworks — Best for accurate stock forecasting
  3. 3. Acumatica — Best for managing business operations at scale
  4. 4. MRPeasy — Best inventory management for manufacturers
  5. 5. Zoho Inventory — Best for ease of use
  6. 6. Sage X3 — Best for enterprise resource planning functionality
  7. 7. inFlow Inventory — Best for managing inventory across multiple locations
  8. 8. Fishbowl — Best for workflow and process traceability
  9. 9. Cin7 Omni — Best for B2B multichannel inventory management
  10. 10. Sortly — Best inventory management for small business

Supply chain issues have caused havoc for retailers over the last couple of years, making effective inventory management more essential than ever before. It's critical to have the right tools at your disposal, which is why I've curated this comprehensive list of the best cloud-based inventory management software on the market today.  

In this article, I’ll introduce each of the tools and explain their key features to help you choose the best cloud-based inventory management software platform for your specific needs. 

What Is Cloud-Based Inventory Management Software?

At its most basic level, cloud-based inventory management software tells you how much of each item you have and where it's all located, thus helping you make more informed ordering and stock management decisions. The tools on this list go a step beyond though, to offer assistance with logistics and manufacturing too. 

Overviews Of The 10 Best Cloud-Based Inventory Management Software Solutions

Here’s a brief description of each cloud-based inventory management system to showcase each tool’s best use case, some noteworthy features, and screenshots to give a snapshot of the user interface. 

1

SkuVault

Best all-in-one inventory management system

SkuVault is cloud-based inventory management software that enables companies to efficiently track and manage their inventory. It allows users to easily monitor inventory levels, automate order fulfillment, and streamline supply chain operations.

Why I Picked SkuVault: SkuVault offers additional capabilities, such as barcode scanning and reporting. It integrates with various online sales channels, including Shopify, Amazon, and eBay, allowing merchants to manage their inventory across multiple platforms from a centralized platform. Its real-time inventory management ensures that businesses always have accurate inventory levels, eliminating the risk of selling out-of-stock products. Its intelligent stock allocation ensures that companies always allocate inventory to the appropriate sales channels, reducing the risk of overselling.

SkuVault generates extensive reports and analytics dashboards, providing businesses with valuable insights into their inventory management process. With SkuVault's data-driven insights, users can make informed decisions about inventory management strategies, such as identifying slow-moving items, seasonality trends, and peak selling seasons. Its barcode scanning feature allows sellers to label their inventory items with unique barcodes, making it easier to track and manage their inventory accurately. 

SkuVault Standout Features & Integrations

Features worth noting include SkuVault’s order fulfillment tool, which let’s you generate packing lists, scan barcodes, and print shipping labels without leaving the platform. You can also set up customizable rules and criteria for order processing, such as shipping carriers, shipping methods, and delivery time frames. SkuVault also features a stellar inventory replenishment feature that allows sellers to set up automatic reorder triggers based on predetermined thresholds. This feature eliminates the need for manual inventory management or the risk of running low on stock.

Integrations include Amazon, BigCommerce, eBay, Easyship, Etsy, Godatafeed, Magento, Microsoft Dynamics, Oracle Netsuite, Salesforce, Newegg, Quickbooks, ShipStation, Shopify, Square, WooCommerce, and other options available in their directory.


This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4 12

Free demo available

From $359/month

2

Linnworks

Best for accurate stock forecasting

Linnworks is a cloud-based inventory management software that's designed for multi-channel selling. The stock forecasting feature uses historical sales data to replenish stock, and forecast for the future.

Why I Picked Linnworks: Linnworks' customizable reporting feature provides a wide range of pre-built reports, but retailers can also create their own custom reports to analyze inventory, sales, and customer data. This tool helps retailers manage inventory by providing real-time stock updates, creating purchase orders, and managing shipping and fulfillment across multiple sales channels.

Standout Features & Integrations

Features worth noting include Linnworks’ automation system, which can save retailers a lot of time by automatically syncing inventory levels, updating order statuses, and generating shipping labels. Additionally, they track and provide real-time consumption data to let you know what tends to be selling on which channel. This is a great feature for sellers who have touch points across multiple channels, like eBay, Amazon, Wayfair, and their own website.

Integrations include Amazon, BigCommerce, Magento, Shopify, Buy on Google, ReplyCo, TikTok, Katana, Payoneer, WooCommerce, and most major shipping carriers, 3PL fulfillment centers, and FBA. They integration with thousands of platforms and services, which you can check out in their integrations hub.




This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4.4 62

Free demo

Pricing upon request

3

Acumatica

Best for managing business operations at scale

Acumatica is a cloud-based inventory management system that provides users with real-time access to their available inventory data. This includes inventory in transit, inventory costs as well as reorder quantities.

Why I picked Acumatica: Acumatica is an integrated inventory management software that helps businesses manage operations at scale. It provides a set of inquiry and report screens that display up-to-date valuations. Within these screens, you can easily make direct modifications or adjustments to inventory cost as well as physical inventory count.

Acumatica is a comprehensive ERP solution that acts as the primary repository of all business data—including sales, accounting, finance, supply chain, human resources, and inventory information.

Acumatica Standout Features & Integrations

Features worth noting include the availability of multiple valuation methods. It enables you to value your current inventory by employing item-specific methods, including FIFO, moving average and standard cost. Acumatica software also enables you to control access permissions for each warehouse, so only the right people with proper credentials can access the available warehouse information and enter inventory transaction data.

Integrations include BigCommerce, eWorkplace Apps, Pacejet Shipping, 1Retail POS, Shopify, ShipHawk, TrueCommerce, Communify, and dozens of others.

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4.4 595

Free demo available

Pricing upon request

4

MRPeasy

Best inventory management for manufacturers

MRPeasy is a cloud-based inventory management software for manufacturers. It facilitates the process of tracking orders, stock levels, purchasing history, and pricing information, and keeps this data centralized.

Why I Picked MRPeasy: MRPeasy offers easy barcode scanning tools for accurate tracking and reporting of stock locations, SKUs, and batches and lots throughout all stages of the warehouse life cycle. You can create purchase orders for multiple vendors simultaneously and track them until they are received and invoiced. The integrated order fulfillment system helps reduce manual processing time by automatically creating picking lists for warehouse workers and generating shipping labels with just a few clicks.

MRPeasy also offers an array of dashboards and reports to give users an overview of inventory performance metrics like reorder points, lead times, and safety stock levels. Businesses can easily customize dashboards to meet their specific needs.

MRPeasy Standout Features & Integrations

Features worth noting include an automated replenishment system, which monitors stock levels in real-time so that companies won't run out of products or end up with excess inventory. Users can see which items are running low or are sold out so they can take immediate action if needed. You can set up automatic notifications when certain stock levels are reached, so they never miss an important inventory update.

Integrations include popular platforms like BigCommerce, Magento, Pipedrive, QuickBooks, ShipStation, Shopify, Ware2Go, WooCommerce, and Xero. Additional integrations can be accessed with a paid Zapier account.

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4.3 7

30-day free trial

From $49/user/month

5

Zoho Inventory

Best for ease of use

Zoho Inventory is cloud-based inventory management software with features for tracking sales and managing stock through online and offline platforms. Zoho has a free plan for up to 50 orders per month.

Why I Picked Zoho Inventory: Zoho Inventory stands out for its exceptional ease of use, providing users with a seamless and intuitive experience. Its user-friendly interface simplifies inventory management tasks, allowing users to effortlessly navigate through various features and functionalities. From setting up products and warehouses to tracking stock levels and processing orders, Zoho Inventory streamlines the entire process with its straightforward workflows and clear instructions.

Additionally, its well-organized dashboard and comprehensive reporting capabilities empower users to gain valuable insights and make informed decisions efficiently. With its commitment to user experience, Zoho Inventory offers a highly accessible solution that minimizes learning curves and maximizes productivity.

Zoho Inventory Standout Features & Integrations

Features worth noting include their warehouse integration system, which lets you connect multiple warehouses to manage stock levels. Another standout feature is that the tool integrates with over 25 shipping services, including FedEx, DHL, and Direct Link. Use this to gather quotes and track the shipping status of each sale. There’s also a mobile app to see order updates wherever you are.

Integrations include all other Zoho apps (CRM, Desk, Analytics, Sites, etc.) as well as Salesforce, Mailchimp, ActiveCampaign, Constant Contact, GetResponse, Google Tag Manager, Unbounce, GoDaddy, WordPress, Wix, Weebly, Joomla, Drupal, Shopify, BigCommerce, Magento, and other options. 

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4.3 70

14-day free trial + free plan available

From $79/month.

6

Sage X3

Best for enterprise resource planning functionality

Sage X3 is an ERP with advanced cloud inventory management features. You can see real-time information about stock level, shipping data, and customer information to fulfill orders at speed.

Why I Picked Sage X3: Sage X3 excels as an enterprise resource planning (ERP) suite due to its robust and comprehensive features that seamlessly integrate and manage various aspects of an organization. With its modular design, Sage X3 can be customized and scaled to meet the specific needs of businesses across industries, including manufacturing, distribution, and services. The suite effectively centralizes critical operations such as finance, inventory, procurement, production, and sales, providing a holistic view of the business in real-time. Its advanced reporting and analytics capabilities enable users to generate accurate insights and make data-driven decisions.

Sage X3 Standout Features & Integrations

Features that stand out include their forecasting tools. They provide real-time inventory data you can use to create informed forecasts to help avoid stockouts and reduce overstocked inventory. The tool has powerful automation features to remove manual tasks. For example, you can automate invoicing to collect payments faster. Or you can automate purchasing processes to ensure you always have stock on hand.

Integrations can be built from scratch using their REST based Data Integration API. This will require some advanced technical knowledge and could be worthwhile hiring a third-party developer.

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4.3 1971

Free demo available

Pricing upon request

7

inFlow Inventory

Best for managing inventory across multiple locations

inFlow Inventory is a user-friendly inventory management software that helps businesses efficiently track and manage their stock levels, orders, and sales. To use the multi-location features, you’ll need the small business plan that allows for 2,000 sales at unlimited sites.

Why I Picked inFlow: inFlow is inventory software with plenty of advanced features. Use it to build a centralized inventory database that syncs across all your platforms and locations. You can see how much stock you have and where each item is, which helps with inventory planning. The tool has a cool reorder point feature that notifies you when a product line reaches a predefined inventory level. Use this information to order more stock before products sell out, thus maximizing sales potential.

inFlow Standout Features & Integrations

Features that make inFlow stand out include mobile app that turns your phone into a barcode scanner. Use this to reflect stock adjustments, such as transfers between stores. You can also use the app to buy and print mailing labels and automatically send tracking information to customers.

Integrations include Amazon, Shopify, WooCommerce, and Squarespace. You can also connect to accounting software like QuickBooks or Xero.

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4.1 35

14-day free trial

From $49.80/user/month

8

Fishbowl

Best for workflow and process traceability

Fishbowl is a manufacturing and warehouse management system. It lets businesses connect their inventory needs to manufacturing processes so they always produce the right number of products.

Why I Picked Fishbowl: Fishbowl is highly regarded for its capability to enhance workflow and process management. It offers comprehensive tools and features that streamline inventory-related tasks, including order management, manufacturing, purchasing, and warehouse management. By automating and integrating these processes, Fishbowl Inventory enables businesses to achieve greater operational efficiency, minimize errors, and improve productivity.

With Fishbowl, you can create simple orders, as well as those with multi-level instructions. For example, if you sell bikes, you can add steps to ensure each piece of the bike is included and tested for every order. You can also manage inventory flow by seeing real-time data about where each part is in the manufacturing process.

Fishbowl Standout Features & Integrations

Features worth noting include simple shipping integrations with logistics providers like FedEx and UPS. You can see quotes from each provider to pick the cheapest one. Plus, their easy and customizable dashboards contain all the data you need to manage orders. You can see incoming orders, real-time inventory levels, and customers and sales in one place.

Integrations include plenty of popular sales platforms, including Amazon, Shopify, eBay, and Magento. It also connects with CRM and accounting tools so you can build processes across your business.

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4 185

Free demo available

Pricing upon request

9

Cin7 Omni

Best for B2B multichannel inventory management

Cin7 is multichannel inventory management software with features for B2B and B2C sellers. This ensures that all your customers can see the right products on any sales channel, helping you maximize sales.

Why I Picked Cin7: Cin7 ensures your B2B sales channels are connected to popular B2C stores so inventory can be bought, sold, and moved at scale. The tool has plenty of reporting features to track sales and inventory. You can dig into each individual sale to see exactly how it was fulfilled.

For B2B sellers, Cin7 has a huge list of third-party stores and marketplaces to connect to so you can place your products where they’ll be seen by the most buyers. You can pick department stores like Walmart or Costco or specialty stores like Sephora and Ace Hardware. In fact, they connect to all relevant ecommerce systems, including marketing, accounting software, and logistics platforms.

Cin7 Standout Features & Integrations

Features worth highlighting include the easy creation of B2B catalogs that provide information about pricing, payment terms, and quotes. Use this to place wholesale orders online or create sales orders from within the platform. You can also create workflows and rules across platforms to minimize manual work and optimize inventory. A good example of this is that you can automatically send stock from one location to another when levels are low.

Integrations include ShipSation, Shopify, Xero, Quickbooks, Magento, WooCommerce, Square, BigCommerce, Walmart, Wayfair, Amazon, Costco, Salesforce, Mailchimp, Hubspot, Shiptheory, Shippit, and hundreds of others according to their online integrations catalog.

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
3.9 54

Free demo available

Plans start at $399/month

10

Sortly

Best inventory management for small business

Sortly Inventory is an intuitive and user-friendly inventory management software that simplifies tracking and organizing inventory with its visual and customizable features.

Why I Picked Sortly: Sortly is an invaluable tool for small businesses as it empowers them to efficiently manage their inventory and assets. With Sortly's intuitive interface and customizable features, small businesses can easily create a comprehensive digital catalog of their inventory, complete with item details, photos, and custom fields.

Sortly enables businesses to track stock levels, generate barcode labels for easy scanning, set reordering alerts, and streamline the entire inventory management process. Furthermore, Sortly facilitates effective asset tracking, allowing businesses to monitor the location, condition, and maintenance history of their valuable assets.

Sortly Standout Features & Integrations

Features worth calling attention to include Sortly’s visual cataloging system allows users to organize inventory items using photos, making it easy to visually identify items and locate them quickly. Additionally, Sortly's customizable fields enable businesses to tailor their inventory tracking to specific needs, capturing relevant information for each item. Sortly also offers robust barcode scanning capabilities, simplifying inventory management by enabling users to scan items, track stock levels, and perform quick audits.

Integrations can be built using Sortly’s free API.

14-day free trial + free plan available

From $49/month

The 10 Best Cloud-Based Inventory Management Software Solutions Summary

Tool Free Option Price
1
SkuVault

Best all-in-one inventory management system

Free demo available

From $359/month Visit Website
2
Linnworks

Best for accurate stock forecasting

Free demo

Pricing upon request Visit Website
3
Acumatica

Best for managing business operations at scale

Free demo available

Pricing upon request Visit Website
4
MRPeasy

Best inventory management for manufacturers

30-day free trial

From $49/user/month Visit Website
5
Zoho Inventory

Best for ease of use

14-day free trial + free plan available

From $79/month. Visit Website
6
Sage X3

Best for enterprise resource planning functionality

Free demo available

Pricing upon request Visit Website
7
inFlow Inventory

Best for managing inventory across multiple locations

14-day free trial

From $49.80/user/month Visit Website
8
Fishbowl

Best for workflow and process traceability

Free demo available

Pricing upon request Visit Website
9
Cin7 Omni

Best for B2B multichannel inventory management

Free demo available

Plans start at $399/month Visit Website
10
Sortly

Best inventory management for small business

14-day free trial + free plan available

From $49/month Visit Website

Need expert help selecting the right Inventory Management Software?

We’ve joined up with the software comparison platform Crozdesk.com to assist you in finding the right software. Crozdesk’s Inventory Management Software advisors can create a personalized shortlist of software solutions with unbiased recommendations to help you identify the solutions that best suit your business's needs. Through our partnership you get free access to their bespoke software selection advice, removing both time and hassle from the research process.

It only takes a minute to submit your requirements and they will give you a quick call at no cost or commitment. Based on your needs you’ll receive customized software shortlists listing the best-fitting solutions from their team of software advisors (via phone or email). They can even connect you with your selected vendor choices along with community negotiated discounts. To get started, please complete the form below:

Other Options

Here are a few more that didn’t make the top list.

  1. Wasp

    Best cloud-based inventory management software for drop shipping

  2. Trunk

    Best for managing multiple product lines

  3. Netstock

    Inventory optimization tool with intelligent insight

  4. NetSuite

    ERP platform with advanced inventory management

  5. Finale Inventory

    Best for fast scalability

  6. ShipStation

    Best inventory management mobile app

  7. Infoplus

    Best cloud-based warehouse management solution

  8. SKULabs

    Best built-in pick, pack, ship functionality

  9. Acctivate

    Best integrations with QuickBooks

  10. 3PL Warehouse Manager

    Best 3PL warehousing option

Other Inventory Software Reviews

Cloud-based inventory management software is one of many categories of inventory management software. Here are some other software review lists that might interest you if you didn’t find what you needed on this list.

How I Selected the Best Cloud-Based Inventory Management Software

What do I look for when I select the best cloud-based inventory management platform? Here’s a summary of my evaluation criteria.

Comparison Criteria

Here are the categories I consider when evaluating what makes the cut as the best cloud-based inventory management system.

Core Functionality:

Every cloud-based inventory management software will have a slightly different focus and somewhat different features. However, to make in on this list they must cover the following basic functionality:

  • Be considered a “cloud-based” software (aka operates online in any web browser on via an app)
  • Ability to track, report on, and order inventory according to real-time stock levels
  • Either built directly into an ecommerce platform or can integrate easily with the most popular ones, like BigCommerce and Shopify

Key Features:

The exact features your cloud-based inventory management tool has depends on the one you choose. But most will have some of the following key features:

  1. Centralized inventory: Most tools connect with your sales platforms to create a central inventory database. Changes to one platform are reflected across your entire system.
  2. Stock level notifications: Look for tools that alert you when stock levels are low so you can purchase more before the product runs out. 
  3. Multiple locations: Look for tools that connect to offline locations such as retail outlets and warehouses. 
  4. Order tracking: The tool should be able to track incoming orders so you can dig into each one to see how it is progressing. 
  5. Intelligent inventory management: These features ensure you manage stock effectively. For example, by always fulfilling orders from the nearest warehouse or by transferring stock from the warehouse to locations with low inventory. 
  6. Logistics integration: This lets you get quotes from logistics partners, print off labels, and then ship to customers from within the platform. 
  7. B2B sales features: Some tools have dedicated B2B features, such as the ability to create catalogs, manage quotes, and generate sales orders. 
  8. Manufacturing integration: Businesses that manufacture their products can use manufacturing integrations to show data about where parts are in the manufacturing process.

Ease of Use:

Ease of use is crucial when selecting cloud-based inventory management software because it ensures efficient and effective utilization of the system's features and functionalities. A user-friendly interface and intuitive design simplify navigation and reduce the learning curve, enabling staff members to quickly grasp the software's capabilities and perform inventory-related tasks with minimal effort.

Software Integrations:

Software integrations are vital when selecting cloud-based inventory management software because they enable seamless connectivity and data flow between different business systems. Integrating inventory management software with other critical software applications such as accounting, ecommerce platforms, and supply chain management tools allows for real-time synchronization of inventory data, enabling accurate inventory tracking, demand forecasting, and order fulfillment.

Value for Price:

Value for price encompasses various factors, including the software's features, scalability, customer support, and pricing structure. An organization should evaluate whether the software provides the necessary functionality to meet their inventory management needs and whether it aligns with their budget. Additionally, considering factors like ongoing maintenance costs, potential customization expenses, and the software's ability to support future growth is crucial.

People Also Ask

Here are a few questions I wanted to cover about cloud-based inventory management tools.

How much does cloud-based inventory management software cost?

The cost of cloud-based inventory management software can vary depending on several factors such as the features and functionalities offered, the number of users, and the size of the business. Generally, the cost can range from $50-300/month or sometimes per user per month.

What is SaaS inventory management?

SaaS inventory management refers to inventory management software that is offered as a service through the cloud. Instead of purchasing and installing software on their own hardware, businesses can access the inventory management system through a web browser, typically paying a subscription fee based on the number of users or amount of inventory being managed. With SaaS inventory management, the software provider is responsible for maintaining the hardware, software, and security of the system, allowing businesses to focus on their core operations.

What are the benefits of cloud-based inventory management software?

There are several benefits of using cloud-based inventory management software, including:

  • Accessibility: Cloud-based inventory management software can be accessed from anywhere with an internet connection, making it easier for businesses to manage inventory from multiple locations.
  • Real-time updates: Cloud-based inventory management software provides real-time updates on inventory levels, allowing businesses to make informed decisions about purchasing and restocking.
  • Scalability: Cloud-based inventory management software can easily scale up or down as the business grows or changes, without the need for additional hardware or software.
  • Data security: Cloud-based inventory management software providers typically have robust security measures in place to protect sensitive business data from cyber threats.
  • Lean Inventory: By accurately tracking inventory coming and going, you can forecast the exact amount of product you need without producing over-stock waste

Conclusion

This list contains some of the best cloud-based inventory management tools currently available. There are options for all types of companies, from small businesses to large corporations. When choosing a tool, be sure to check out various options. This is easy to do via product demonstrations or free trials. 

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By Francois Marchand

Francois Marchand is The Ecomm Manager's content strategist and editor. He is passionate about helping and educating business leaders, ecommerce professionals, and digital marketers grow their skill sets to stay ahead of the competition. Francois holds a BA Specialization in Communication Studies & Journalism from Concordia University (Montreal, QC) and 20+ years of experience in ecommerce, marketing, traditional and digital media, and public relations, including The Vancouver Sun, National Post, CBC/Radio-Canada, Unbounce, and Vancouver Film School. He also hosts The Ecomm Manager Podcast, discussing ecommerce best practices, customer experience, branding, inventory management, shipping and delivery, and analytics with expert guests.

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