In today’s article, I am going to tell you about the Best Inventory Management Software in India, so if you want to know about it, then keep reading this article. Because I am going to give you complete information about it, so let’s start.
As you all know, For running big businesses it’s necessary to look after the stocks. But manually it’s very hectic or unmanageable to look after, where each fraction of a second a lot of stuff is left out of storefronts. To manage this we have Inventory management software that looks after and manages the resources in warehouses. It tracks all the inventory details and if something leaves the warehouse it updates the system and accordingly reordering of stuff takes place. After each movement, the data is updated to be efficient.
It helps business owners to keep a detailed record of their warehouse of outgoing stuff and accordingly they could manage. The most important part is that if it doesn’t work it could cause a severe loss within hours or for big businesses it may be a second.
Inventory management software has a process called inventory control through which they keep records of the storefronts. This ultimately benefits the owner to have the required number of stocks as there is a change in sales stats. Moreover, they have the power to track real-time orders and updates in their system accordingly.
To have Inventory Management Software you have to pay monthly charges depending upon which software you’re using. Scroll down to know about the tools in detail and also about free and paid Inventory Management Software. For any business owner, it’s a very important tool, so the selection of it should be done wisely.
Table of Contents
Best Inventory Management Software in India:
1. Zoho (Free and Paid)
When it comes to Inventory management software the first name is Zoho in India
It provides business owners complete relaxation. Its inbuilt is great and works with the latest algorithm which easily manages the supply chain. It is capable of managing orders, looking for sales, and managing stocks. At the same time, it regularly updates its system of reordering the stocks which helps owners to rescue from losses. It has a complete upgrade system that also manages to ship and keeps live track and manages the warehouse stocks.
It has features like top-class order management, end-to-end tracking, and real-Time Shipping Rates. It is capable of Barcode Inventory Management and manages GST billing greatly. It offers owners the to cope with sales at all marketplaces and adjust the stocks accordingly.
Moreover, its customer support service is great and with a variety of options, if one doesn’t work you can look for another. This includes their call support, email support, forms, and their onsite chatbot.
It comes with both free and paid versions. In the free version, some important features are lacking but for small businesses, it’s definitely worthy. It has 4 premium plans the highest Elite plan is priced at 72,999 rs and the lowest marks at 14,999 rs. The other two are professional and premium plans whose prices are 26,999 rs and 40,999 rs respectively.
2. Vyapar(Paid)
One of the leading Inventory Management Software in India. Through Vyapar many business owners are running their businesses well and hassle-free. It provides them with a clear solution to stock management. Along with this it also has an accounting option, invoice billing, and a dashboard that has all the necessary components like expenses, estimates, and a record for data. After all this also it is able to keep track of records and within seconds updates the system. Vyapar is very efficient and due to this, it is entrusted by many all over India.
It also has features that keep records of accounting in a detailed way. Moreover, it has a notification system that quickly sends you an alert if something worsens. Using Vyapar you can do billing and invoicing well, live tracking support facility is available. The best part is for users the great experience they have mobile access also which works well, providing a smooth experience.
They interact well with the customers. If the situation is at worst they’ll give you full support and will surely come up with a solution. You can also connect with them through WhatsApp chat and email support. I wouldn’t recommend Vyapar if your business is large, you’ll not get a good experience. Though they’ll help with the utmost it’s too hectic. But yeah for small and medium-sized businesses Vyapar is definitely worth it.
Vyapar doesn’t have a free plan, but this isn’t a con because the pricing is marked very low. It is easily affordable for any sized business. The premium pricing starts with 1999 rs per year for the mobile version. If you’re opting for both desktop and mobile versions it’ll cost you 2399 rs.
3. Cin7 (Free and Paid)
Cin7 is mostly used by big business personnel, start-ups, and small business owners also. It comes up with a single automated solution that single-handedly can manage all the things. It includes your product stock, distribution channels, live tracking of stocks, reordering, warehouse stock, and reports. Moreover, it regularly updates the system at a very fast rate to keep owners updated about the in-out of stocks. It also helps them to reorder the stuff timely and ultimately saves their bucks too. Cin7 being a cloud-based Inventory Management Software manages to work well and smoothly.
Its key features including Inventory Management are direct Electronic Data Interchange, Key Performance Indicator tracking, and Data Mining. It has a dashboard that clearly depicts all the transfers and last updated stats along with data.
Cin7 is capable of managing all online sales platforms and coordinates well with them. It includes Amazon, Shopify, eBay, and others. User’s experience is great with Cin7 as they get the most user-friendly software to work with. Its interface and management are easy and the data gets updated quickly.
Talking about their customer support, it’s available 24*7. Along with it, you’ll get support from a dedicated manager who will resolve the problem well. Moreover, you can connect with them through email, and helpline support. Cin7 is mostly used by good business owners and startups also. The free version is good but lacks some advanced technology. But yeah the paid versions are worthy, you’ll get all required by a good Inventory Management Software.
Cin7 has four plans including the custom,i.e, free plan. The other three are the Starter plan which cost around 49$ per month, the growing business is marked at 149$ per month and the best mature business plan will cost you 299$ per month. One thing that is great in this is they have made the plan according to the business, you read what the plan offers and accordingly buy the most suitable one for you.
4. Oracle Netsuite (Paid)
Oracle NetSuite is a widely used Inventory Management Software in India. It has a lot of tools that provide a good environment and a smooth experience for its users. Operating Oracle Netsuite isn’t a hard, very simple process that is easily manageable. The tools are great and Oracle allows its user to experience great Inventory Management and a billing system too. It also keeps a live tracking of stocks but it’s a little bit slow but this is to ensure that the data are correct. Its inbuilt is great and so it takes some extra seconds.
It has some advanced features including multi-location fulfillment, inventory auditing, and live inventory tracking. Users’ experience will be great with order management, and warehouse management too. Oracle NetSuite has coordinated with reputed software providers and gets it inbuilt and designed accordingly. Moreover, the Oracle application programming interface has been designed in such a way that it develops new integrations. with much leading business software.
Oracles Netsuite has great customer support with 24/7 service. Support of representatives via call makes their support the best. Apart from this they also have Email and chat support. It copes up well with businesses of all sizes.
Oracle NetSuite doesn’t have a custom plan. Their pricing includes a licensing fee which is $999 per month. Moreover, they have a per-user fee that starts at $99 per month.
5. QuickBooks Commerce (Paid)
QuickBooks Commerce is an inventory management software that provides business personnel to manage their warehouse stuff and keep data of it digitally. It also keeps them updated on the in-out transfer of products so that accordingly they can reorder and manage it well. In order to give users a good experience, it comes up with the latest algorithm which updates data instantly. QuickBooks Commerce is a powerful and advanced software that has an ordering platform for wholesale and a multichannel eCommerce.
Additional features of QuickBooks are multichannel sales, inventory optimization along with manage and purchase order management. It also provides inventory Management Reports which are reliable. It has well-versed integration shipping applications, Warehouse Management applications, and many others.
It has 24*7 customer support and its team is really very responsive. They have a good number of reviews appreciating their responsiveness and support. Phone and email support is also available along with an on-site chatbot. It is mostly recommended for e-commerce brands.
QuickBooks has four plans each has its own importance but one is its business plan. The first “founder” plan is priced at 3100 rs, the lite version charges 6300 rs per user. The other two versions are the small business and business versions whose costs are 16000 rs and 4700rs. The business version has all the advanced tools and the experience is great and smooth.
6. MargBooks (Paid)
MargBooks has a lot of advantages over others and is in great demand among business owners in India nowadays. Apart from inventory management it also improves billing speed through quick searches and also helps through barcode scanning. Keep records of the sales and purchases operations and have detailed stats of invoice and live tracking reports. It has a centralized dashboard system to view all your order status and transaction. MagBooks provides you with a great overview of your business from a small screen. It also keeps live track of deliveries to ensure it is timely done.
It comes with live credit living management which sets and tracks the limits of customers and ultimately saves you from losses. A notification is sent whenever the limit is reached. It keeps track of all selling products and accessories. Moreover, it also looks after expiry dates with the advanced search options. It’s very difficult to predict which is the right time to reorder with in-out of stocks each hour. But with Marg reorder management you can easily order beforehand by looking at prior and ongoing sales data.
MargBooks has three plans. The first is the “basic edition” of 8991 rs, only one user can have access for two users access extra 2500 rs is charged. The basic edition cannot have more than 2 users. The next is their “silver edition” at 12600 rs with one user full right and one user for view only. For each extra user you have to pay 2500 rs extra, yeah but here you can have unlimited users, unlike the basic edition. Lastly, the “gold edition” costs users 25200 rs and with this, you can have unlimited user access without any extra bucks. With all these an additional 18% GST will be included.
Irrespective of your business size to make the stocks manageable and proper in-out data, inventory management is great. Also to be in pace with the competitors it helps you a lot in reducing the time consumption by manually handling it. Also hiring manuals would be costly and wouldn’t be much efficient. So choose wisely among these Inventory Management Software.
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