10 Best Retail Management Software In 2023

Oracle Retail’s merchandising feature helps manage and optimize retail operations by enabling efficient inventory management, demand forecasting, and assortment planning. Oracle Retail offers retail-specific applications and solutions offered by Oracle Corporation designed to help retailers manage their retail operations.

Why I picked Oracle Retail: Oracle Retail is an excellent choice for enterprises due to its robust features tailored to meet the complex needs of large-scale retail operations. Firstly, Oracle Retail offers scalability, allowing enterprises to handle a high volume of products, stores, and transactions. Its ability to manage extensive operations makes it an ideal solution for enterprises with a substantial footprint and diverse product offerings. Secondly, Oracle Retail provides end-to-end functionality that covers various aspects of the retail value chain. These range from merchandising and inventory management to pricing, promotions, and customer experience.

Oracle Retail Standout Features and Integrations:

Standout features include advanced analytics and reporting capabilities. Oracle Retail allows enterprises to gain deep insights into their operations, sales performance, customer behavior, and profitability. Their support and professional services are well-established, ensuring that enterprises receive the necessary assistance, implementation support, and ongoing maintenance required for their complex operations.

Integrations include Salesforce, SAP, Shopify, Snowflake, and Workday. You can also use Oracle APIs for third-party integrations.

The inventory feature of Zoho Inventory enables businesses to effectively manage and track their stock levels, orders, and fulfillment processes in a centralized system.

Zoho Inventory is a cloud-based inventory management software that helps businesses efficiently track and manage their inventory across multiple warehouses or locations. With features such as order management, warehouse organization, barcode scanning, and integration with other Zoho applications, Zoho Inventory provides businesses with the tools they need to enhance overall inventory control.

Why I picked Zoho Inventory: Zoho Inventory is best for warehouse management. With features like batch tracking, serial number tracking, and multi-location inventory management, Zoho Inventory offers granular control over stock movement and visibility. Additionally, it enables users to manage multiple warehouses across multiple countries. The software also helps analyze the delivery distance so that you can identify the warehouse closest to the delivery location.

Zoho Inventory Standout Features and Integrations:

Standout features include reporting and analytics features that help generate reports on stock movement, backorders, demand forecasting, and warehouse performance. Warehouse performance is a particular useful feature, as you can gather data on product placement, picking speeds, and facility management. 

Integrations include Shopify, ZohoCommerce, AmazonServices, Bond, Amazon, Etsy, Google Shopping, Google Contacts, MailChimp, and ActiveCampaign. You can also get additional integrations through Zoho Inventory API and Zapier.

Brightpearl is a retail management software that helps businesses manage their operations across various sales channels. At its core, Brightpearl provides a centralized platform that integrates key aspects of retail management, including inventory management, order processing, customer relationship management, and accounting.

Why I picked Brightpearl: I chose Brightpearl because it helps retailers manage various aspects of their business, such as inventory, orders, customer data and so on. Its inventory management feature helps businesses maintain accurate records of inventory and order data across all channels. It enables businesses to process and manage orders efficiently, including order creation, payment processing, and shipping. It also provides real-time visibility into order status, supports partial shipments, and automates order workflows.

Brightpearl Standout Features and Integrations:

Standout features include a robust and real-time inventory management system that synchronizes inventory levels across various sales channels, including online marketplaces, ecommerce platforms, and physical stores. This is crucial for businesses dealing with a large number of transactions. 

Integrations include Amazon, BigCommerce, Shopify, Walmart, eBay, Magento, MailChimp, Stripe, CommerceHub, and Square. You can also get additional integrations through Brightpearl API.

Vend's reporting feature provides insights on sales, inventory, and performance to support data-driven decision-making. Vend is a cloud-based retail POS (point-of-sale) and inventory management software. It provides businesses with tools to manage sales, track inventory, process payments, and analyze data. 

Why I picked Vend: I picked Vend for this list because it can accommodate retailers of all sizes and types, from small businesses to multi-location enterprises. It offers flexibility to handle various retail environments, including offline stores, e-commerce platforms, and mobile sales. This versatility makes it suitable for a wide range of retailers, from boutique shops to large-scale operations. Vend integrates with various payment processors, allowing retailers to accept a wide range of payment methods, including credit cards, mobile payments, and gift cards. 

Vend Standout Features and Integrations:

Standout features include industry-standard security measures such as encryption, data backups, and secure cloud infrastructure to safeguard information from unauthorized access and data loss. This ensures that your data is protected from potential security threats and vulnerabilities.

Integrations include Xero, QuickBooks Online, BigCommerce, WooCommerce, Shopify, MailChimp, Homebase, Deputy, NetSuite, and Ecwid. You can also get additional integrations through Vend API.

Square for Retail’s POS app enables businesses to process sales, manage inventory, and track customer data at the point of sale. Square for Retail is a POS solution offered by Square—a popular provider of payment processing tools.

Why I picked Square for Retail: It is the best retail management software for small businesses because it offers a free plan. The free plan offers basic inventory features, which are adequate for small businesses. Additionally, its interface is clean, modern, and easy to navigate. It guides new users about navigating the software and accessing the different features. The mobile app is also intuitive and enables users to manage their ecommerce store from their mobile.

Square for Retail Standout Features and Integrations:

Standout features include reporting and analytics features. It provides a sales tracking feature that helps users understand popular sales items. It will also help you understand your customers' demographics, and purchase history.

Integrations include QuickBooks Online, Acuity Scheduling, Wix, Jotform, WooCommerce, Linktree, Bookkeep, KioskBuddy, Poptin, and Printful.

Lightspeed Retail’s POS inventory management feature allows businesses to efficiently track and manage inventory at the point of sale, optimize stock levels and manage operations. Lightspeed Retail is a cloud-based retail management and POS software. It also has a mobile app for iOS devices.

Why I picked Lightspeed Retail: Lightspeed Retail offers robust features for tracking inventory across multiple locations and channels. It allows you to easily manage stock levels, receive notifications for low stock, and track item movements, enabling you to make informed decisions about restocking and optimizing inventory levels. The system provides real-time updates, ensuring accurate inventory information across different sales channels.

Lightspeed Retail Standout Features and Integrations:

Standout features include CRM, reporting and analytics, employee management features, native ecommerce platform, and retail point of sale tools. The CRM, in particular, is useful for maintaining supplier and customer relationships, a crucial but often underutilized part of retail management. 

Integrations include 2ACCEPT, 7shifts Team Management, Accumula, AdVision eCommerce, Agendrix, Amaka, Better Chains, BevSpot, BigCommerce, and BirdEye. You can also get additional integrations through API.

SAP Retail POS Analysis provides insights on point-of-sale data for retail businesses. SAP Retail offers end-to-end functionalities to support various retail business processes. It encompasses merchandise management, supply chain optimization, store operations, customer engagement, and analytics.

Why I picked SAP Retail: I selected SAP Retail due to its merchandise management capabilities. SAP Retail optimizes product assortments, allowing retailers to manage their merchandise offerings strategically. With advanced analytics and demand forecasting capabilities, retailers can analyze historical sales data, market trends, and customer preferences to decide which products to stock, how much inventory to carry, and where to allocate merchandise across various channels and store locations. This optimization helps retailers maximize sales, minimize stockouts, reduce excess inventory, and improve profitability.

SAP Retail Standout Features and Integrations:

Standout features include supply chain management. The solution offers end-to-end supply chain management capabilities, including demand forecasting, inventory planning, replenishment, and logistics management. It helps retailers improve supply chain visibility, reduce lead times, optimize inventory across the network, and enhance overall operational efficiency.

Epicor Retail Management Suite’s product ranking feature helps prioritize and determine the popularity and performance of products within the retail inventory. Epicor Retail Management Suite is designed for retailers, providing end-to-end capabilities for inventory management, point of sale (POS), customer engagement, and analytics.

Why I picked Epicor Retail Management Suite: Specialty retail businesses often have unique requirements and demand specialized software solutions to manage their operations effectively. Epicor Retail Management Suite is an excellent choice for specialty retail businesses. Also, it enables businesses to create and manage loyalty programs tailored to their specific needs. Retailers can define loyalty tiers, point systems, rewards, and promotions to incentivize customer engagement and repeat purchases.

Epicor Retail Management Suite Standout Features and Integrations:

Standout features include tools for managing vendor relationships, tracking supplier performance, automating purchase orders, and managing supply chain processes.It also offers Integrated financial management functionalities, including general ledger, budgeting, and financial reporting.

Integrations include Epicor Advanced MES and Epicor ERP Financial Management.

Zebra Visibility IQ Foresight is a real-time data analytics platform that provides key insights from Zebra devices. Zebra Technologies is a company that specializes in providing enterprise-level solutions and services for various industries, including retail. The company offers a wide range of products and technologies focused on improving efficiency, visibility, and productivity in retail operations.

Why I picked Zebra: Zebra Technologies is known for its barcode solutions in the retail industry due to several key factors. Firstly, Zebra has a long-standing reputation for providing high-quality and reliable barcode technology. Their products, such as barcode scanners and printers, are known for their durability, accuracy, and consistent performance, making them ideal for demanding retail environments. Secondly, Zebra offers a comprehensive range of barcode solutions that cater to the specific needs of retailers. They provide a diverse portfolio of barcode scanners, including handheld, cordless, and fixed-mount options.

Zebra Standout Features and Integrations:

Standout features include analytics solutions that allow retailers to gain insights into their operations. By leveraging data from various sources, retailers can optimize inventory levels, track customer behavior, and make informed decisions to improve overall business performance.

The NetSuite SuiteCommerce dashboard provides a comprehensive and customizable overview of key e-commerce metrics and your business activities. NetSuite SuiteCommerce is one of the modules of NetSuite ERP. Since it natively integrates with the ERP platform, all the information lives in your eCommerce website and ERP.

Why I picked NetSuite SuiteCommerce: SuiteCommerce pre-integration with NetSuite ERP provides several benefits. First, it directly connects with other NetSuite tools, so you won't have to build manual integrations. The integration between SuiteCommerce and NetSuite ERP enables real-time inventory management. When a customer orders through SuiteCommerce, the inventory levels are automatically updated in NetSuite ERP. This allows businesses to accurately see stock levels, avoid overselling, and optimize inventory replenishment.

NetSuite SuiteCommerce Standout Features and Integrations:

Standout features include a highly flexible and customizable storefront that allows businesses to create unique and branded e-commerce experiences. It provides tools for designing and managing web pages, templates, themes, and content, empowering businesses to tailor the look and feel of their online stores.

Integrations include Georgias, Hubspot, Klavyio, Mailchimp, Yotpo Product Reviews, LiveChat, Justuno, Brightpearl, ShipStation, Quickbooks Online, Acumatica, and other software.