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10 Best Enterprise Inventory Management Software In 2023

Best Enterprise Inventory Management Software Shortlist

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

  1. 1. Zoho Inventory — Best for building inventory management workflows
  2. 2. Brightpearl — Best omnichannel solution
  3. 3. inFlow Inventory — Best for inventory reporting
  4. 4. Megaventory — Best for assembly operations
  5. 5. Fishbowl — Best for QuickBooks users
  6. 6. Unleashed — Best for fast-growing warehouses
  7. 7. SkuVault — Best for warehouse management
  8. 8. Cin7 — Best for reducing inventory management costs
  9. 9. SAP S/4HANA Cloud — Best for integrations
  10. 10. QuickBooks Enterprise — Best for inventory management automation

When operating a large ecommerce organization, there can be some confusion with your inventory management processes that can result in a significant loss in sales and customer retention. To solve this challenge, many companies use enterprise inventory management software to ensure these issues don’t arise again. 

There are many inventory management options that can help you handle the complexity of your enterprise’s inventory processes. So, to help, I put together this list of enterprise inventory management software, including details about why they’re excellent choices and the pricing for each platform.

What is Enterprise Inventory Management Software?

The best enterprise inventory management tools will help a large ecommerce company track all incoming and outgoing supplies and products. It will flag low stock, and overstock items and compile data for order forecasting. This is a way to ensure you have the right stock at the right time, according to past sales history. Enterprise inventory management software is a tool organizations can use to track sales, improve efficiency, save time and money, and receive insights to optimize business success.

Overviews Of The 10 Best Enterprise Inventory Management Software

You can use this simple overviews of each tool below to understand how each tool stands out from other enterprise inventory management software.

1

Zoho Inventory

Best for building inventory management workflows

Zoho Inventory is an end-to-end inventory management solution that will automate many processes, including the reorder process when product levels fall below set thresholds.

Why I picked Zoho Inventory: If you need robust automation options for your inventory management processes, I picked Zoho Inventory just for you. You can use Zoho Inventory to automate processes such as inventory replenishment. As soon as your inventory levels reach a specific point that you establish, the system will automatically send a purchase order to your suppliers. While Zoho Inventory manages your stock levels when new orders arrive, you can still handle quantity adjustments, when necessary, after identifying item number disparities in the platform from the numbers on your shelves.

Zoho Inventory Standout Features and Integrations

Features available in Zoho Inventory that you will find valuable are its ability to fulfill sales orders to keep your customers happy. The platform’s barcode scanning support allows you to process product movements by enabling your warehouse teams to simply scan barcodes to monitor products. It provides support for multiple warehouses and allows you to view and track product levels at each location individually.

Integrations are available in Zoho Inventory that is native to the platform, including ActiveCampaign, Avalara, B2B Gateway, Google Shopping, HubSpot, Mailchimp, QuickBooks, Salesforce, Slack, SPS Commerce, and other software options. Zoho Inventory also provides an API that will allow you to make custom connections.

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.

Pros

  • Affordable pricing.
  • Easily customizable.
  • Fits many business needs.

Cons

  • Tech support needs work.
  • Some features are slow.
2

Brightpearl

Best omnichannel solution

Brightpearl is designed to help ecommerce businesses sell products any way they want, including B2B sales and wholesale distribution.

Why I picked Brightpearl: If you’re using multiple sales channels in your organization, one of the best parts of Brightpearl is its ability to manage inventory and orders across each one. You can sync sales across each platform within Brightpearl as well as track all inventory and where they’re going. The automation capabilities in the software also allow you to process and ship orders faster. If you’re managing multiple online stores and significant sales volumes, I believe Brightpearl would be a good investment.

Brightpearl Standout Features and Integrations

Features that make Brightpearl standout are its shipping and fulfillment solutions that will help you get inventory in boxes and out your door quickly. That’s because Brightpearl will manage inventory, orders, warehouses, shipping, and fulfillment from the same platform. It will keep you updated when orders are placed, boxed, and shipped.

Integrations are available from Brightpearl, including built-in connections such as backbone, BigCommerce, CommerceHub, FreightPOP, Magento, Mailchimp, QuickBooks, ShipStation, Shopify, WooCommerce, and other software options. Brightpearl also provides an API that allows you to create custom integrations with your current systems.

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4.4 65

Free demo

Pricing upon request

Pros

  • Automates entire order management process.
  • Provides accurate stock levels.
  • Excellent implementation consultants.

Cons

  • Doesn’t export complete product lists.
  • Steep learning curve.
3

inFlow Inventory

Best for inventory reporting

inFlow Inventory gives access to 38 reports that provides a significant number of insights so businesses can get in-depth information regarding product inventory and identify what’s working.

Why I picked inFlow Inventory: Business intelligence can be crucial, and I added inFlow Inventory to this article because inventory management requires insights to help you make the best possible decisions. The inventory reports from inFlow include summaries, price lists, costs, counts, and stock reordering reports. The inventory reports can help you get in-depth intelligence regarding a significant number of inventory aspects.

inFlow Standout Features and Integrations

Features from inFlow can help ensure you will keep your customers happy. With each new order, inFlow will automatically reserve the inventory so it doesn’t accidentally get sent or sold to another customer. Your sales team will also get notifications from the platform when attempting to sell more stock than what’s available.

Integrations are available to help manage inventory processes, such as Asendia, BigCommerce, CommerceHub, Courier Express, Ecwid, Keap, Magento, QuickBooks Online, Salesforce, WooCommerce, and other software options. You can also connect inFlow to a paid Zapier account to create custom integrations.

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

Pros

  • Simple to use.
  • Accurate inventory counts.
  • Real-time information.

Cons

  • Some glitches.
  • Product types can’t be edited.
4

Megaventory

Best for assembly operations

Megaventory helps businesses oversee and track the product assembly process and monitor their inventory, ordering, and fulfillment.

Why I picked Megaventory: Some organizations assemble different materials together to create their products before customers buy them. To make this list robust, I needed to add a solution that focuses on this complex process, which is why I added Megaventory. It breaks down the complexity of the product assembly process into modular steps that help you handle purchase orders from suppliers and tracks the change in inventory levels when you receive materials.

Megaventory Standout Features and Integrations

Features within the Megaventory platform provide access to relevant information from its detailed activity records. Megaventory will help you create reports so you can track the movement of inventory and evaluate your organization’s business performance. You can quickly create several types of documents, such as quotes; picking, packing, and delivery slips; and bills of materials.

Integrations allow you to do more with Megaventory by connecting with various third-party apps, such as Crossfire Cloud EDI, Lokad, Magento, QuickBooks, Shopify, SPS Commerce, and WooCommerce. Megaventory also allows you to make custom integrations through a paid Zapier account or with its developer API.

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4.3 20

15-day free trial.

From $135/month.

Pros

  • Cloud-based.
  • Excellent customer service.
  • Easy to set up.

Cons

  • Slow at times.
  • Not much automation.
5

Fishbowl

Best for QuickBooks users

Fishbowl offers straightforward integration with QuickBooks to simplify the process of balancing accounting books after sales or adjusting accounts after inventory audits. By handling accounting processes and inventory management, Fishbowl will feel more like an enterprise resource planning platform.

Why I picked Fishbowl: Fishbowl is the perfect fit for your ecommerce business if you’re already using QuickBooks to manage your accounting needs. During my research, I noticed there are many enterprise inventory management options that work with QuickBooks, but Fishbowl’s inventory features are specifically designed to work with the popular accounting tool. For any business that doesn’t work with QuickBooks, Fishbowl is still a great inventory management solution because it still provides the capabilities you need to manage stock, set up inventory reorder levels, and automate purchase orders for items you need on a regular basis.

Fishbowl Standout Features and Integrations

Features that put Fishbowl ahead of what you would find in other inventory management options are its real-time part-tracking capabilities. If your products require multiple parts that you assemble, you can use Fishbowl to track the status and location of individual components - right down to the shelf or bin number in your warehouse.

Integrations are available when implementing Fishbowl in your ecommerce business, including dozens of options such as Avalara, BigCommerce, Endicia, HubSpot, QuickBooks, Salesforce, ShipWorks, WaspBarcode, WooCommerce, Zoho CRM, and other software options.

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4 186

Free demo available

Pricing upon request

Pros

  • Real-time purchase order creation.
  • Remote access.
  • Easy to learn.

Cons

  • Not very customizable.
  • Integrations are challenging.
6

Unleashed

Best for fast-growing warehouses

Unleashed is a robust cloud-based inventory management software that allows fast-growing warehouses to manage inventory in real time.

Why I picked Unleashed: I added Unleashed to the list of ecommerce organizations that need advanced warehouse management due to fast growth. One of the great things about Unleashed is that you can manage all warehouse locations, no matter which pricing tier you select. It supports unlimited warehouses, products, and transactions, and its basic production features allow you to implement your chosen inventory management strategy.

Unleashed Standout Features and Integrations

Features available in Unleashed are what you would normally find with other options, but what makes Unleashed stand out is that you will find these features in every plan. This includes up-to-date, real-time inventory control, serial number tracking, and barcode scanning to help you simplify inventory management processes.

Integrations that you can find from Unleashed include native connections, such as Lokad, Magento, QuickBooks, Salesforce, Shopify, SPS Commerce, Vend, Wink Reports, WooCommerce, Xero, and other software options.

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
3.8 25

Free trial available

Plans start at $349/month

Pros

  • Manages unlimited warehouses.
  • Easy to learn.
  • User-friendly.

Cons

  • Slow at times.
  • Reporting isn’t flexible.
7

SkuVault

Best for warehouse management

SkuVault is an inventory management software that works to help enterprise ecommerce organizations with multiple warehouses and distribution centers simplify the management process.

Why I picked SkuVault: I couldn’t leave SkuVault from this list because there are many ecommerce companies that use multiple warehouse locations to store and ship products to customers. SkuVault provides accurate inventory management, so you can search for an item, and the system will provide updated information about your stock or material in your warehouses. It helps you stay on top of purchase orders and receiving when using multiple warehouses by synchronizing all stock across each one. You will understand the status of your inventory in real time, so you can ship items with confidence.

SkuVault Standout Features and Integrations

Features included with SkuVault encompass various aspects of enterprise inventory management, especially if you have complex needs. You can eliminate manual errors with the platform’s barcode scanning feature, which will help optimize warehouse operations. The barcode scanning capabilities allow you to scan products when you receive them and automatically adjust inventory levels.

Integrations available with SkuVault that I believe works best for inventory management include AmeriCommerce, BigCommerce, ChannelAdvisor, Easyship, Ecomitize, GoDataFeed, Lightspeed, QuickBooks Online, Salesforce, Spark Shipping, and other software options.

Free demo available

From $329/month

Pros

  • Very customizable.
  • User-friendly.
  • Effective role permissions.

Cons

  • Updates can be confusing.
  • Loading is slow.
8

Cin7

Best for reducing inventory management costs

Cin7 is dedicated to reducing the typical costs of inventory management by connecting inventory, sales channels, and accounting processes.

Why I picked Cin7: You will get what you need to operate your ecommerce organization effectively when using Cin7. The platform connects your inventory, sales channels, warehouses, orders, and other business functions to create a single source of truth. Cin7 will help you create more straightforward workflows that, in return, will reduce costs and grow your online store.

Cin7 Standout Features and Integrations

Features from Cin7 that make it a good choice for enterprise inventory management include its real-time data tracking capabilities. If you have multiple locations, the platform can synchronize all your data every five minutes to give you up-to-date details on stock levels and sales. This is especially beneficial for those running a lean inventory system that needs to know when to restock items to avoid stockouts.

Integrations include over 700 third-party connections to simplify how you operate your business, such as Afterpay, Fuse Inventory, HubSpot, Mailchimp, QuickBooks Online, Salesforce, ShipStation, Shopify, SyncHub, Toolio, and other software options. Cin7 also provides a developer API that allows you to create nearly endless integrations.

Free trial + free demo available.

From $325/month.

Pros

  • Handles multiple sales channels and distribution networks
  • Vast number of integrations.
  • User-friendly.

Cons

  • Delayed customer support.
  • Long loading times.
9

SAP S/4HANA Cloud

Best for integrations

SAP S/4HANA is a business suite that simplifies core processes, such as inventory management, for large enterprises and enables them to operate efficiently.

Why I picked SAP S/4HANA Cloud: The inventory management module from SAP S/4HANA Cloud is comprehensive enough to optimize your enterprise’s inventory and supply chain processes. What made SAP 4/HANA Cloud stand out to me is its real-time visibility and ability to integrate with other SAP modules to improve processes in multiple departments. You also have the option of seamlessly connecting them with various third-party tools through a comprehensive range of native integrations or their readily available APIs. These integrations come with supporting tools and documentation to make building custom connections easier. 

SAP S/4HANA Cloud Standout Features and Integrations

Features that stand out the most in SAP S/4HANA Cloud for the purpose of this enterprise inventory management list are its ability to optimize your processes with intelligent automation that operates on SAP HANA—a market-leading database that provides real-time processing speeds. Other features include supply chain management, warehouse management, order management, and distribution management.

Integrations are available for ecommerce businesses, including Aphix, Cherrywork Collaborative Order Management, Cloudfy, DataServe, EASY eSignature, Finmatics, Neptune DXP, Sovos, Spenmo, Vertex, and other software options. These integrations are native, so you don’t have to use an API to make these connections.

Free demo available

Pricing upon request

Pros

  • Real-time data processing.
  • User-friendly interface.
  • Scalable.

Cons

  • Steep learning curve.
  • It’s sluggish.
10

QuickBooks Enterprise

Best for inventory management automation

QuickBooks Enterprise helps businesses automate multiple inventory and order management processes to reduce errors that impact sales margins.

Why I picked QuickBooks Enterprise: Since enterprises typically are significant in size, they use automation to help with their inventory management processes to enhance accuracy and productivity. When learning about QuickBooks Enterprise, I saw that they provide extensive automation capabilities, so your large enterprise or growing medium-sized business can decrease order fulfillment times, get real-time inventory visibility, and achieve less inventory surplus. Also, with real-time inventory information available, you can set realistic delivery expectations to keep your customers happy.

QuickBooks Enterprise Standout Features and Integrations

Features that QuickBooks Enterprise provides that align with inventory management are its inventory tracking capabilities. With this, you can track inventory in the way that fits your enterprise best with three levels of warehouse location tracking, such as rows, shelves, and bins. You can also transfer inventory between multiple locations without experiencing delays.

Integrations are available for QuickBooks Enterprise, including CorelIMS, IMA360, Lightyear, Microsoft 365, OleaERP, Online Check Writer, Rapid Inventory, Scheduling Manager, TrueCommerce, X-Cart, and other software options.

Free demo available

From $106.75, billed annually.

Pros

  • Simple to navigate.
  • It’s very versatile.
  • Quickly absorbs third-party data.

Cons

  • Steep learning curve.
  • Custom reporting is complex.

The 10 Best Enterprise Inventory Management Software Summary

Tool Free Option Price
1
Zoho Inventory

Best for building inventory management workflows

14-day free trial + free plan available

From $79/month. Visit Website
2
Brightpearl

Best omnichannel solution

Free demo

Pricing upon request Visit Website
3
inFlow Inventory

Best for inventory reporting

14-day free trial

From $49.80/user/month Visit Website
4
Megaventory

Best for assembly operations

15-day free trial.

From $135/month. Visit Website
5
Fishbowl

Best for QuickBooks users

Free demo available

Pricing upon request Visit Website
6
Unleashed

Best for fast-growing warehouses

Free trial available

Plans start at $349/month Visit Website
7
SkuVault

Best for warehouse management

Free demo available

From $329/month Visit Website
8
Cin7

Best for reducing inventory management costs

Free trial + free demo available.

From $325/month. Visit Website
9
SAP S/4HANA Cloud

Best for integrations

Free demo available

Pricing upon request Visit Website
10
QuickBooks Enterprise

Best for inventory management automation

Free demo available

From $106.75, billed annually. Visit Website

Other Options

Here are a few more options that didn’t make the best enterprise inventory management software list:

  1. Odoo

    Best open-source inventory management tool

  2. NetSuite

    Best customizable enterprise inventory management software

  3. Finale Inventory

    Best for scaling.

  4. Advancepro

    Best for tailoring to business requirements.

  5. ERPNext

    Best agile inventory management tool.

  6. Katana MRP

    Best for real-time inventory tracking.

  7. Wasp Inventory Control

    Best for simple inventory audits.

  8. ERPAG

    Best for accurate inventory data.

How I Selected the Best Enterprise Inventory Management Software

Perhaps you're wondering how I selected the best enterprise inventory management software for this list? To build this top 10 list, I evaluated and compared a wide range of enterprise inventory management software with positive user ratings.

After determining my long list of top choices, I further honed my list by using the selection criteria below to see how each platform stacked up against the next one. I also drew on my years of ecommerce experience to pinpoint the features that add a lot of value.

Selection Criteria

Here’s a short summary of the main selection and evaluation criteria I used to develop my list of the best enterprise inventory management software for this article:

Core Functionality:

Enterprise inventory management software consists of tracking and controlling stock between your suppliers, warehouse, and customers. The core functionality of these tools includes:

  • Monitor stock levels, including raw materials and finished goods, and ensure the product gets to the right customer after taking payment
  • Ability to connect to an ecommerce platform, whether by native integrations or API, Zapier, etc. 

Key Features:

When considering new enterprise inventory management software, there will be some key features you will want. If you’ve narrowed down your choice to two or three choices, ensuring they have the following features can help you make the right choice:

  1. Real-Time Inventory Tracking: Your inventory management tool must show you exactly what you have and where it is, no matter the size of your stock, so it reflects where your products are moving in real time.
  2. Real-Time Inventory Value: Your financial department will want to know how much your inventory is worth, so your inventory management software needs to provide real-time, accurate updates.
  3. Low Stock Alerts: Enterprise inventory management software should allow you to set automatic alerts when levels for important stock are running low and provide a way for you to quickly create a purchase order with that information.
  4. Purchase and Supplier Management: This will help you and your teams save time and reduce errors from manually transferring inventory details into purchase orders or when copying and pasting supplier details.
  5. Unlimited SKUs: Because of the size of your enterprise, implementing an inventory management system that doesn’t limit the number of products, customers, transactions, and suppliers you can add will be essential.
  6. Inventory Reporting: The main point of using enterprise inventory management tools is to reduce the amount of admin work and make scaling more efficient - which means it’s essential to have reporting features that will provide vital inventory data.

Software Integrations: 

Before creating this list, I did the proper research to determine whether the tools play well with the tech stack you’re already using and paying for. Many of the best enterprise inventory management software will integrate with other systems to help your teams save time and ensure efficient inventory operations. Since you’re operating an enterprise-level organization, you likely have relevant data in other systems, such as a customer relationship management solution or accounting tool. So, I cross-checked each solution to ensure that they can integrate, either through native integrations, webhook programs such as Zapier, or an accessible API, with the top operational software.

Value for Price:

When researching the price value, I considered whether a platform offers a free trial and the affordability of the lowest and highest price levels. The prices you can see in this list are the lowest level option for each platform and range from $31.10/month to an over $4,000 one-time fee. Because this list focuses on enterprise-level companies, you can expect these plans to support high sales volumes and more features, such as advanced analytics and automation processes, to ensure you get the most value possible. Since most inventory solutions are cloud-based, you can expect to pay either month-to-month or annually - typically, annual rates will come with a discount from the monthly amount.

People Also Ask

During your search for new enterprise inventory management software, you might have some important questions. I gathered some of the most common questions and provided some answers to help you make the best possible decision for your organization.

Other Ecommerce Software Reviews

Here are some other types of ecommerce software to consider for your organization when searching for tools to enhance business efficiency and productivity.

What Next?

Tracking your inventory is essential so you can sell products at the right time and increase profits. Luckily, enterprise inventory management software is available in different shapes and sizes and provides various capabilities to fit different ecommerce businesses. This means you shouldn’t take the process of finding the right platform lightly. Along with the features, pricing, and benefits, you should also consider your team members who are going to use the software and their requirements.

If you need new tool suggestions and tips from the top professionals in the commerce space, sign up for The Ecomm Manager newsletter. As a valued subscriber, you will get regular articles, tool lists, and insights from top ecommerce thinkers to help enhance your online store’s operations.

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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