--- title: "Best Retail Inventory Management Software - 2026 Reviews & Pricing" description: "Find the best Retail Inventory Management Software for your organization. Compare top Retail Inventory Management Software systems with customer reviews, pricing, and free demos." source_url: "https://www.softwareadvice.com/category/30-retail-inventory-management/" page_type: "category" language: "en" --- [Home](https://www.softwareadvice.com/) / Retail Inventory Management Software Software Advice offers objective insights based on verified user reviews and independent product and market research. When our advisors match you to a software provider, we may earn a referral fee. # Best Retail Inventory Management Software of 2026 Updated October 27, 2026 ## Retail Inventory Management FAQs Software Advice advisors had 73 conversations with buyers about Retail Inventory Management software between January 2025 and July 2026. These are the questions that came up most. - How do I choose the right Retail Inventory Management software for my business? Choosing retail inventory management software often comes down to matching the system’s features and cost with the business’s daily needs and growth plans, a common theme in these conversations is buyers look for inventory tracking, point of sale (POS), barcode scanning, and accounting tools in one platform. Buyers frequently mention frustrations with manual spreadsheets or payment-only tools, so they prioritize software that improves stock accuracy, supports real-time sales, and integrates with systems like QuickBooks Online. Many also weigh the risk of missing industry-specific features, a clunky user experience, or costs that rise as the business grows, making it important to test workflows and check pricing details before deciding. - What is the best Retail Inventory Management software for a small to mid-size business? Advisor-call conversations show that small to mid-size retail teams most often look for inventory management software that combines point of sale (POS), real-time inventory tracking, barcode scanning, and payment processing in one tool. Buyers frequently mention friction with using manual spreadsheets or payment-only systems that lack inventory management, leading to issues with inaccurate stock counts and extra work. A suitable option for this group should also offer basic accounting, invoicing, and revenue tracking features to avoid juggling multiple disconnected systems. Many buyers consider price a key requirement and weigh the risk of outgrowing entry-level options that do not adapt to changing retail needs. Answer based on 64 advisor calls - What should businesses watch out for when choosing Retail Inventory Management software? When choosing retail inventory management software, buyers frequently tell our advisors that it is important to watch for gaps in inventory management and tracking tools, especially if current processes rely on manual work or spreadsheets. Many small retail businesses mention that some systems only handle payments and lack features for inventory, barcode recognition, or accounting. A common challenge buyers mention is not realizing until later that a system does not meet specific industry needs or becomes costly as the business grows. Most buyers in this category are from retail and represent small businesses, with a strong interest in cloud or software-as-a-service (SaaS) deployment, so confirming the system matches daily workflows and budget expectations is key before making a decision. Answer based on 73 advisor calls - What are common complaints about Retail Inventory Management software? Buyers we've talked to often complain that their current system lacks strong inventory management or relies too much on manual spreadsheets. Many mention inaccurate or unreliable inventory tracking as a major pain point, leading to stock issues. Limited payment-only functionality comes up frequently, with buyers wanting more than just point-of-sale features. Some describe the software as hard to use or inefficient. Industry-specific needs not being met and rising costs are also recurring concerns in advisor calls. Answer based on 52 advisor calls - What should I look for when comparing Retail Inventory Management software options? When comparing retail inventory management software, teams should focus on whether each tool offers strong inventory tracking, point of sale (POS), barcode recognition, and built-in accounting, according to our advisors, buyers consistently ask about these features. Buyers frequently mention moving away from manual spreadsheets or payment-only systems due to missing inventory management and unreliable tracking. Friction often arises around tools that lack industry-specific functions or have a cumbersome user experience. Many buyers also weigh the total cost, as high or rising pricing is a common sticking point in advisor-call conversations. Answer based on 73 advisor calls - Can Retail Inventory Management software integrate with other platforms used in the business? Yes, in advisor calls, users often ask if inventory management systems can connect with QuickBooks Online for accounting. Many buyers mention syncing sales and inventory data with QuickBooks Online is a priority to avoid manual data entry between systems. Answer based on 12 advisor calls - How does Retail Inventory Management software handle its core workflows and key processes? Retail inventory management software connects inventory tracking, point of sale (POS), and payment processing in one system to help stores keep accurate counts and process sales. During advisor calls, buyers often describe using the software to monitor inventory levels in real time, track items by barcode, and handle billing and invoicing. Many buyers mention moving away from spreadsheets or limited payment-only tools because they want better visibility into stock and more reliable transaction records. A common sticking point is missing industry-specific features or a user experience that slows down daily tasks. Answer based on 73 advisor calls - How much does Retail Inventory Management software cost? Most buyers our advisors talk to are quoted either a flat monthly price or a per-user monthly price for retail inventory management tools. Flat monthly rates typically fall between $100 and $431, with the median near $120. Per-user pricing usually ranges from $12 to $100 per month, and the median sits at $60 per user. Many teams also face a one-time setup fee, generally between $1,000 and $2,450. Answer based on 64 advisor calls - What features should Retail Inventory Management software include? The features most often requested in retail inventory management systems, based on advisor calls, are point of sale (POS) for processing sales, inventory tracking to monitor stock levels, and barcode recognition for quick item identification. Buyers frequently mention wanting built-in accounting, payment processing, and tools for billing and invoicing to handle financial tasks in one place. Revenue tracking also comes up as a priority for users who need to monitor sales performance alongside inventory. Answer based on 72 advisor calls - What is Retail Inventory Management software and what does it do? Retail inventory management software helps retailers track stock levels, organize products, and manage reordering in one system. When speaking with our advisors, buyers often describe using it to monitor inventory by department or type, set minimum quantity thresholds, receive alerts when items run low, and sometimes generate purchase orders automatically. Many systems also include barcode scanning, payment processing, and point of sale (POS) tools so staff can handle sales and inventory updates together. Some buyers look for options that connect inventory management with accounting or billing to keep financial records up to date. The level of detail a retailer needs, such as tracking items by size or color, varies by business and drives which system fits best. Answer based on 72 advisor calls On this page 1. FrontRunners 2. Popular Comparisons 3. Buyers Guide 4. Frequently Asked Questions Filter products 340 results ### Compare Products Showing 1 - 25 of 340 products #### Company Size - Self-Employed - 2-10 - 11-50 - 51-200 - 201-500 - 501-1000 - 1000+ #### Pricing Options - $$$$$ - $$$$$ - $$$$$ - $$$$$ - $$$$$ ### Compare Products Sort by **Recommendations**: Sorts listings by the number of recommendations our advisors have made over the past 30 days. Our advisors assess buyers’ needs for free and only recommend products that meet buyers’ needs. Vendors pay Software Advice for these referrals. **Reviews**: Sorts listings by the number of user reviews we have published, greatest to least. **Average Rating**: Sorts listings by overall star rating based on user reviews, highest to lowest. **Alphabetically (A-Z)**: Sorts listings by product name from A to Z. ### [Clover](/retail/clover-profile/) - Overall rating: 3.8/5 - Reviews: 587 - Best for: Popular - Free trial: Available - Free demo: Not available #### Overview Clover is a POS system designed to help small businesses streamline their operations. The system offers a range of features, including payment processing, inventory management, [Read more](/retail/clover-profile/) ##### What users love - Versatile payment acceptance options - Customizable and modern interface - Simple learning and daily operation ##### To take in mind - Slow and unhelpful support experiences - Expensive hardware and add-ons - Sales tracking and limitations issues #### Features ##### Best rated features - API: 5/5 - Access Controls/Permissions: 5/5 - Sales Tax Management: 5/5 - Real-Time Reporting: 5/5 ##### Worst rated features - Retail POS: 1/5 - Retail Management: 1.2/5 - Returns Tracking: 1.3/5 - For Salons and Spas: 1.5/5 [See all features](/retail/clover-profile/#key-features) #### Pricing ##### Basic - Price: Custom - Pricing available upon request [See full pricing details](/retail/clover-profile/#pricing-and-plans) --- ### [Rain POS](/retail/rainpos-profile/) - Overall rating: 4.1/5 - Reviews: 134 - Free trial: Not available - Free demo: Not available #### Overview Rain is an all-in-one point-of-sale, website, and marketing system for small to midsized retailers. Music, dive, sporting goods, paddle, craft, sewing, quilting, and clothing [Read more](/retail/rainpos-profile/) #### Features ##### Best rated features - Promotions Management: 5/5 - Retail Inventory Management: 5/5 - Product Identification: 5/5 - Multi-Channel Marketing: 5/5 ##### Worst rated features - Multi-Location: 1/5 [See all features](/retail/rainpos-profile/#key-features) --- ### [Epicor Propello](/retail/epicor-retail-cloud-profile/) - Overall rating: 4/5 - Reviews: 5 - Starting price: $349.00 - Free trial: Not available - Free demo: Not available #### Overview Epicor retail POS and business management solutions are designed to help independent retailers work smarter, not harder. With more than 50 years of experience built-in, Epicor [Read more](/retail/epicor-retail-cloud-profile/) #### Features ##### Best rated features - Reporting/Analytics: 5/5 - Mobile Access: 4.5/5 [See all features](/retail/epicor-retail-cloud-profile/#key-features) --- ### [Toast POS](/retail/toast-pos-profile/) - Overall rating: 4.1/5 - Reviews: 554 - Starting price: $69.00/month - Best for: Ease of use - Free trial: Not available - Free demo: Not available #### Overview Toast POS is a cloud-based restaurant point of sale system built specifically for the food service industry. It serves restaurants of every service model — quick service, fast [Read more](/retail/toast-pos-profile/) ##### What users love - Highly customizable user experience - Quick learning and onboarding - Streamlined staff operations ##### To take in mind - Inconsistent and slow support response - Limitations for restaurant workflows - Connectivity and outage problems #### Features ##### Best rated features - Real-Time Reporting: 5/5 - Access Controls/Permissions: 5/5 - SMS Messaging: 5/5 - Real-Time Analytics: 5/5 ##### Worst rated features - Delivery Management: 1.7/5 - Reservations Management: 2/5 - Wait List Management: 2/5 [See all features](/retail/toast-pos-profile/#key-features) --- ### [POS Nation for Retail](/retail/pos-nation-profile/) - Overall rating: 4.6/5 - Reviews: 134 - Starting price: $149.00/month - Best for: Customer support - Free trial: Not available - Free demo: Not available #### Overview POS Nation is built to support retailers, including specialty businesses such as convenience stores, liquor, wine and beer stores, tobacco and vape shops, lawn and garden centers, [Read more](/retail/pos-nation-profile/) #### Features ##### Best rated features - Item Management: 5/5 - Electronic Signature: 5/5 - Supplier Management: 5/5 - Ordering Automation: 5/5 ##### Worst rated features - Customizable Reports: 3/5 - Retail Inventory Management: 3.5/5 - eCommerce Management: 3.7/5 [See all features](/retail/pos-nation-profile/#key-features) --- ### [Stax](/retail/stax-profile/) - Overall rating: 4.2/5 - Reviews: 149 - Starting price: $99.00/month - Best for: Features - Free trial: Not available - Free demo: Not available #### Overview Stax is an all-in-one payment technology platform built for businesses that have outgrown flat-rate processors. With subscription-based pricing and 0% markup on direct-cost [Read more](/retail/stax-profile/) ##### What users love - Reliable and flexible payments - Intuitive and user-friendly design ##### To take in mind - Slow and unresponsive support #### Features ##### Best rated features - Third-Party Integrations: 5/5 - Reporting & Statistics: 5/5 - Customizable Invoices: 5/5 - API: 5/5 ##### Worst rated features - ACH Payment Processing: 1/5 - Billing & Invoicing: 1/5 - Electronic Payments: 1.7/5 [See all features](/retail/stax-profile/#key-features) --- ### [Epos Now](/retail/epos-now-profile/) - Overall rating: 3.8/5 - Reviews: 731 - Starting price: $349.00one time - Free trial: Not available - Free demo: Not available #### Overview Epos Now POS systems are an effective business management, sales, and payment solution for single-site, multi-site, and online businesses. Popular with retailers and hospitality [Read more](/retail/epos-now-profile/) ##### What users love - Intuitive interface for all users - Streamlined staff operations - Accessible training and onboarding ##### To take in mind - Slow and unresponsive service - Long waits and inconsistent help - Unexpected and recurring charges #### Features ##### Best rated features - User Management: 5/5 - Customer History: 5/5 - Sales History: 5/5 - Time Clock: 5/5 ##### Worst rated features - PCI Compliance: 1/5 - Point of Sale (POS) Integration: 1/5 - Ordering Automation: 1/5 - In-Person Payments: 1/5 [See all features](/retail/epos-now-profile/#key-features) --- ### [Bravo Store Systems](/pawn-shop/bravo-store-systems-pos-profile/) - Overall rating: 4.6/5 - Reviews: 38 - Free trial: Available - Free demo: Not available #### Overview Bravo Store Systems empowers small businesses innovative point of sale solutions. Bravo is the leading provider of an all in one Point of Sale (POS) solutions tailored for a [Read more](/pawn-shop/bravo-store-systems-pos-profile/) #### Features ##### Best rated features - Sales Reports: 5/5 - Discount Management: 5/5 - For Retail: 3/5 - Barcode/Ticket Scanning: 3/5 ##### Worst rated features - Search/Filter: 1/5 - Point of Sale (POS): 1/5 - Barcode/Ticket Scanning: 3/5 - For Retail: 3/5 [See all features](/pawn-shop/bravo-store-systems-pos-profile/#key-features) #### Pricing ##### Basic - Price: Custom - Pricing available upon request [See full pricing details](/pawn-shop/bravo-store-systems-pos-profile/#pricing-and-plans) --- ### [Meevo](/retail/meevo-profile/) - Overall rating: 4.4/5 - Reviews: 296 - Best for: Small businesses - Free trial: Not available - Free demo: Not available #### Overview Meevo is a management tool designed for salons, spas and med spas to streamline operations. It supports scheduling, point-of-sale and marketing functions. The platform is suitable [Read more](/retail/meevo-profile/) ##### What users love - Responsive and dedicated support team - Accessible training and onboarding tools - Intuitive and user-friendly interface ##### To take in mind - Reporting limitations and complexity #### Features ##### Best rated features - HIPAA Compliant: 5/5 - Customer Mobile App: 5/5 - Performance Metrics: 5/5 - Multi-Location: 5/5 ##### Worst rated features - Third-Party Integrations: 1/5 [See all features](/retail/meevo-profile/#key-features) --- ### [AXIS POS](/retail/axis-rms-profile/) - Overall rating: 4/5 - Reviews: 1 - Starting price: $6,490.00one time - Free trial: Not available - Free demo: Not available #### Overview AXIS Retail Management System is a cloud-based point of sale and inventory management solution for the shooting sports industry. The solution is mainly used by firearms retailers [Read more](/retail/axis-rms-profile/) --- ### [Ordorite](/retail/ordorite-profile/) - Overall rating: 4.2/5 - Reviews: 5 - Starting price: $250.00/month - Free trial: Available - Free demo: Not available #### Overview Ordorite offers a fully end-to-end management software solution for furniture, bedding and related retailers. The system can manage every aspect of your business from point of [Read more](/retail/ordorite-profile/) #### Features ##### Best rated features - For Retail: 5/5 - Data Import/Export: 5/5 - Supplier Management: 5/5 - Barcoding/RFID: 5/5 ##### Worst rated features - Pricing Management: 1/5 - Purchase Order Management: 1/5 - Merchandise Management: 1/5 - Inventory Management: 3.7/5 [See all features](/retail/ordorite-profile/#key-features) #### Pricing ##### Basic - Price: $250.00/month [See full pricing details](/retail/ordorite-profile/#pricing-and-plans) --- ### [MiragetLeads](/auto-repair/epicor-eagle-profile/) - Overall rating: 3/5 - Reviews: 3 - Free trial: Not available - Free demo: Not available #### Overview Epicor for Automotive provides powerful on-premises or cloud-based business management solutions, including Epicor Eagle for the Aftermarket software, built specific to the needs [Read more](/auto-repair/epicor-eagle-profile/) #### Features ##### Best rated features - Work Order Management: 5/5 - Inventory Tracking: 4/5 - Accounting: 4/5 - Inventory Management: 2.5/5 ##### Worst rated features - Payment Processing: 1.5/5 - Sales Reports: 2/5 - Inventory Management: 2.5/5 - Accounting: 4/5 [See all features](/auto-repair/epicor-eagle-profile/#key-features) --- ### [RockSolid MAX](/inventory-management/rocksolid-max-profile/) - Overall rating: 3.9/5 - Reviews: 40 - Starting price: $3,000.00 - Free trial: Not available - Free demo: Not available #### Overview RockSolid MAX is a cutting-edge software platform designed to revolutionize the way hardware store and home center businesses operate. With its comprehensive suite of features, [Read more](/inventory-management/rocksolid-max-profile/) #### Features ##### Best rated features - Inventory Control: 5/5 - Point of Sale (POS): 5/5 - Customer Accounts: 5/5 - Discount Management: 5/5 [See all features](/inventory-management/rocksolid-max-profile/#key-features) --- ### [Furniture Wizard](/retail/furniture-wizard-profile/) - Overall rating: 5/5 - Reviews: 1 - Free trial: Not available - Free demo: Not available #### Overview Furniture Wizard Software is a retail management software that provides inventory management and a point-of-sale solution for retail stores in the furniture and mattress industry. [Read more](/retail/furniture-wizard-profile/) #### Features ##### Best rated features - Sales Reports: 5/5 - Inventory Tracking: 5/5 - Inventory Management: 5/5 - Purchase Order Management: 5/5 ##### Worst rated features - Returns Management: 4/5 [See all features](/retail/furniture-wizard-profile/#key-features) --- ### [AmberPOS](/retail/pacific-amber-technologies-amberpos-profile/) - Overall rating: 4.1/5 - Reviews: 51 - Starting price: CA$995.00one time - Free trial: Not available - Free demo: Not available #### Overview Pacific Amber’s AmberPOS offers a point of sale software solutions to a variety of retail specialties, ranging from small to midsized, in the United States and Canada. In [Read more](/retail/pacific-amber-technologies-amberpos-profile/) #### Features ##### Best rated features - Reporting/Analytics: 4/5 - Sales Reports: 4/5 - Customer Accounts: 4/5 - Point of Sale (POS): 4/5 ##### Worst rated features - Order Management: 3/5 - Inventory Management: 3/5 - Point of Sale (POS): 4/5 - Customer Accounts: 4/5 [See all features](/retail/pacific-amber-technologies-amberpos-profile/#key-features) --- ### [Infor Point of Sale (POS)](/retail/infor-pos-profile/) - Overall rating: 3.9/5 - Reviews: 22 - Starting price: $99.00/month - Free trial: Not available - Free demo: Not available #### Overview Infor® Point of Sale (POS) is designed for full- and quick-service restaurants chains, hotels, and managed food services in higher education, corporate, healthcare, and other [Read more](/retail/infor-pos-profile/) --- ### [IndicaOnline](/retail/indicaonline-profile/) - Overall rating: 3.9/5 - Reviews: 31 - Starting price: $240.00/month - Free trial: Available - Free demo: Not available #### Overview IndicaOnline is a cloud-based cannabis point-of-sale (POS) solution that helps marijuana businesses and dispensaries process transactions and manage daily operations. Key features [Read more](/retail/indicaonline-profile/) #### Features ##### Best rated features - Reporting & Statistics: 5/5 - Activity Dashboard: 5/5 - Product Catalog: 5/5 - Point of Sale (POS): 5/5 [See all features](/retail/indicaonline-profile/#key-features) #### Pricing ##### Core - Price: $240.00/month - Perfect for small dispensaries looking to simplify daily operations with essential POS tools. ##### Storefront Pro - Price: $600.00/month - Ideal for storefront dispensaries needing advanced POS tools and seamless operations. ##### Delivery Pro - Price: $600.00/month - Perfect for cannabis delivery services needing integrated POS and logistics tools. [See full pricing details](/retail/indicaonline-profile/#pricing-and-plans) --- ### [Rezku POS](/retail/rezku-profile/) - Overall rating: 4.7/5 - Reviews: 42 - Starting price: $49.00/month - Free trial: Available - Free demo: Not available #### Overview Rezku is the premier POS, used by successful restaurants, bars and pizzerias to compete at a higher level, earn new business and eliminate headaches. Rezku comes complete with [Read more](/retail/rezku-profile/) #### Features ##### Best rated features - Cash Management: 5/5 - Customizable Branding: 5/5 - Online Ordering: 5/5 - Loyalty Program: 5/5 ##### Worst rated features - Reporting & Statistics: 4/5 - Discount Management: 4/5 - Sales Trend Analysis: 4/5 [See all features](/retail/rezku-profile/#key-features) #### Pricing ##### Starter - Price: $49.00/month - Starting at just $49. Perfect for small restaurants, bars and food trucks. Rezku makes it easy to [See full pricing details](/retail/rezku-profile/#pricing-and-plans) --- ### [MyPOS Connect](/retail/mypos-connect-profile/) - Overall rating: 4.5/5 - Reviews: 41 - Starting price: $99.95/month - Free trial: Not available - Free demo: Not available #### Overview Designed for independent and enterprise retailers, MyPOS Connect is a SOC2 compliant, cloud-hybrid POS solution that allows businesses to create a POS experience for any retail [Read more](/retail/mypos-connect-profile/) #### Features ##### Best rated features - Retail Management: 5/5 - Discount Management: 5/5 - Touch Screen: 5/5 - For Retail: 4.7/5 ##### Worst rated features - Returns Tracking: 4/5 - Customer Accounts: 4/5 [See all features](/retail/mypos-connect-profile/#key-features) --- ### [LS Retail](/hotel-management/ls-central-profile/) - Overall rating: 4.3/5 - Reviews: 125 - Best for: Features - Free trial: Not available - Free demo: Not available #### Overview Running a retail or hospitality business today means balancing endless moving parts: changing customer expectations, new sales channels, growing product ranges, and pressure to [Read more](/hotel-management/ls-central-profile/) #### Features ##### Best rated features - Payment Processing: 5/5 - Gift Card Management: 5/5 - Discount Management: 5/5 - Retail Management: 5/5 ##### Worst rated features - Commission Management: 3/5 - Pricing Management: 3.5/5 - Sales Reports: 3.7/5 - Purchase Order Management: 4/5 [See all features](/hotel-management/ls-central-profile/#key-features) --- ### [Phorest](/salon/phorest-profile/) - Overall rating: 4.8/5 - Reviews: 431 - Best for: Small businesses - Free trial: Not available - Free demo: Not available #### Overview Phorest is a salon, spa and clinic management software built for growth-focused premium businesses. Designed for premium hair salons, spas, med spas and clinics, Phorest brings [Read more](/salon/phorest-profile/) #### Features ##### Best rated features - Client Management: 5/5 - Multi-Location: 5/5 - Marketing Management: 5/5 - Loyalty Program: 5/5 ##### Worst rated features - Credit Card Processing: 1/5 - Customer Mobile App: 1/5 [See all features](/salon/phorest-profile/#key-features) --- ### [Liberty REACT](/retail/liberty4-consignment-profile/) - Overall rating: 4.6/5 - Reviews: 147 - Starting price: $189.95/month - Best for: Value for money - Free trial: Not available - Free demo: Not available #### Overview Liberty React is a cloud-based eCommerce and consignment management solution designed for businesses in the resale industry. The platform allows organizations to handle accounts, [Read more](/retail/liberty4-consignment-profile/) #### Features ##### Best rated features - Reporting & Statistics: 5/5 - Retail Inventory Management: 5/5 - Inventory Management: 5/5 - Credit Card Processing: 5/5 ##### Worst rated features - Activity Dashboard: 4/5 [See all features](/retail/liberty4-consignment-profile/#key-features) --- ### [KORONA POS](/retail/korona-profile/) - Overall rating: 4.7/5 - Reviews: 80 - Starting price: $59.00/month - Free trial: Available - Free demo: Not available #### Overview KORONA POS provides point of sale software, inventory management, and CRM services for all types of retailers, such as convenience stores, liquor shops, and QSRs. The POS software [Read more](/retail/korona-profile/) #### Features ##### Best rated features - eCommerce Management: 5/5 - Returns Tracking: 5/5 - Shipping Management: 5/5 - Gift Card Management: 5/5 ##### Worst rated features - Customer Accounts: 3/5 [See all features](/retail/korona-profile/#key-features) #### Pricing ##### Core - Price: $59.00/month - The plan provides 1 free month if billed annually and comes with 24/7 customer support ##### Retail - Price: $79.00/month - This plan also provides a free month if billed annually. ##### Plus - Price: $99.00/month - This plan provides the basic functions and some additional functions. [See full pricing details](/retail/korona-profile/#pricing-and-plans) --- ### [NetSuite](/accounting/netsuite-financials-accounting-software-profile/) - Overall rating: 4.2/5 - Reviews: 2,082 - Best for: Enterprise businesses - Free trial: Not available - Free demo: Not available #### Overview NetSuite is an AI-powered cloud-based business management suite that incorporates ERP, financial management, CRM and eCommerce functionalities into a unified platform, helping [Read more](/accounting/netsuite-financials-accounting-software-profile/) ##### What users love - Deep system tailoring options - Comprehensive and scalable functionality - Centralized financial operations platform ##### To take in mind - Steep learning curve and complexity - Complex and rigid reporting tools - Slow and inconsistent support experience #### Features ##### Best rated features - Aging Tracking: 5/5 - "What If" Scenarios: 5/5 - Vendor Master Data Management: 5/5 - For B2B: 5/5 [See all features](/accounting/netsuite-financials-accounting-software-profile/#key-features) --- ### [Spruce](/product/384566-Spruce/) - Overall rating: 3.2/5 - Reviews: 34 - Starting price: $10,000.00/year - Free trial: Not available - Free demo: Not available #### Overview Spruce software provides advanced point-of-sale and business management solutions for lumberyards, hardware stores, and building materials suppliers. This industry-specific [Read more](/product/384566-Spruce/) #### Features ##### Best rated features - Document Storage: 5/5 - Secure Data Storage: 5/5 - Bank Reconciliation: 5/5 - Archiving & Retention: 4.5/5 ##### Worst rated features - Data Extraction: 1/5 - Approval Process Control: 1/5 - Purchase Order Management: 1/5 - Access Controls/Permissions: 4/5 [See all features](/product/384566-Spruce/#key-features) --- 1 [2](https://www.softwareadvice.com/category/30-retail-inventory-management/?__ai_markdown=true&page=2)[3](https://www.softwareadvice.com/category/30-retail-inventory-management/?__ai_markdown=true&page=3)[4](https://www.softwareadvice.com/category/30-retail-inventory-management/?__ai_markdown=true&page=4)[5](https://www.softwareadvice.com/category/30-retail-inventory-management/?__ai_markdown=true&page=5) ... [14](https://www.softwareadvice.com/category/30-retail-inventory-management/?__ai_markdown=true&page=14) ## Popular Comparisons [ NetSuite vs Shopify ](https://www.softwareadvice.com/accounting/netsuite-financials-accounting-software-profile/vs/shopify/)[ Epos Now vs Square Point of Sale ](https://www.softwareadvice.com/retail/epos-now-profile/vs/square-point-of-sale/)[ Clover vs Mindbody ](https://www.softwareadvice.com/retail/clover-profile/vs/mindbody/)[ Odoo vs PayPal Point of Sale ](https://www.softwareadvice.com/crm/odoo-profile/vs/paypal-here/)[ Toast POS vs Restroworks ](https://www.softwareadvice.com/compare/4997-toast-pos/vs/77505-Restroworks/)[ Fishbowl vs Cin7 Omni ](https://www.softwareadvice.com/retail/cin7-profile/vs/fishbowl-inventory-manufacturing/)[ Lightspeed Retail vs Square for Retail ](https://www.softwareadvice.com/compare/1932-Lightspeed-Retail/vs/374071-square-for-retail/)[ ZENOTI vs Phorest ](https://www.softwareadvice.com/salon/phorest-profile/vs/zenoti/) ## Your Guide to Top Retail Inventory Management Software, July 2022 Software Advice uses reviews from real software users to highlight the top-rated Retail Inventory Management products in North America. [Learn how products are chosen](https://www.softwareadvice.com/legal-page/frontrunners-methodology/) #### Explore FrontRunners - [HelmBot](https://www.softwareadvice.com/retail/helmbot-profile/) - [HireHop](https://www.softwareadvice.com/retail/hirehop-profile/) - [Booqable](https://www.softwareadvice.com/retail/booqable-profile/) - [PHP Point of Sale](https://www.softwareadvice.com/retail/php-point-of-sale-profile/) - [WooPOS](https://www.softwareadvice.com/inventory-management/woo-pos-profile/) - [RMH Store](https://www.softwareadvice.com/retail/rmh-store-profile/) - [Twice Commerce](https://www.softwareadvice.com/retail/rentle-profile/) - [POS Nation for Retail](https://www.softwareadvice.com/retail/pos-nation-profile/) - [Shopify](https://www.softwareadvice.com/retail/shopify-profile/) - [Square Point of Sale](https://www.softwareadvice.com/retail/square-point-of-sale-profile/) - [Square for Retail](https://www.softwareadvice.com/retail/square-for-retail-profile/) - [RetailEdge](https://www.softwareadvice.com/retail/retailedge-profile/) - [MyPOS Connect](https://www.softwareadvice.com/retail/mypos-connect-profile/) - [EZRentOut](https://www.softwareadvice.com/rental/ezrentout-profile/) - [Rain POS](https://www.softwareadvice.com/retail/rainpos-profile/) - [Retail Plus Point Of Sale](https://www.softwareadvice.com/retail/retail-plus-profile/) - [Yo!Kart](https://www.softwareadvice.com/b2b-ecommerce-platform/yo-kart-profile/) - [Brightpearl](https://www.softwareadvice.com/accounting/brightpearl-profile/) - [Acumatica Cloud ERP](https://www.softwareadvice.com/manufacturing/acumatica-manufacturing-profile/) - [SAP Business One](https://www.softwareadvice.com/accounting/sap-business-one-profile/) - [Fishbowl](https://www.softwareadvice.com/manufacturing/fishbowl-inventory-manufacturing-profile/) - [Lightspeed Retail](https://www.softwareadvice.com/product/1932-Lightspeed-Retail/) - [Cin7 Omni](https://www.softwareadvice.com/retail/cin7-profile/) - [NetSuite](https://www.softwareadvice.com/accounting/netsuite-financials-accounting-software-profile/) - [Clover](https://www.softwareadvice.com/retail/clover-profile/) “Usability” includes user ratings for Functionality and Ease of Use. “Customer Satisfaction” includes user ratings for Customer Support, Likelihood to Recommend and Value for Money. Reviews analysis period: The reviews analysis period spans two years and ends the 15th of the month prior to publication. ## Send me a copy of this list to my inbox ### Get a copy of this list with pricing info sent to your inbox so you can pick up where you left off when convenient to you. There are hundreds of inventory management systems available. These programs are designed for all types of businesses: programs for small retailers, programs for big enterprises, programs for specific retail verticals and programs for multi-channel retailers, to name a few. This buyer’s guide is written to help retail store inventory software buyers understand this complex, fragmented market.  Here’s what we’ll cover: [What Is Inventory Management Software?](#WhatIsInventoryManagementSoftware) [Deployment Strategies](#DeploymentStrategies) [What Type of Buyer Are You?](#WhatTypeofBuyerAreYou) [Benefits and Potential Issues](#BenefitsandPotentialIssues) [Market Trends to Understand](#MarketTrendstoUnderstand) [The Vendor Landscape](#TheVendorLandscape) [Pricing and Purchasing Options](#PricingandPurchasingOptions) ## What Is Retail Inventory Management Software? If you have ever been frustrated by a retailer who has every size of an item in stock but yours, you know the importance and value of having rigorous inventory management in place. On the most basic level, stock management software helps users keep accurate count of stock levels. The primary goal for this application is for users to re-order items before they become fully sold out. Having adequate levels of inventory helps users capitalize on sales opportunities. Of course, it is important that retailers don’t order too much of an item and face not being able to sell it all. Robust systems can help users strike that delicate balance of ordering just enough but not too much. Core features include sorting items by department or type, establishing of thresholds for minimum quantities and alerts when stock levels reach those thresholds. More advanced systems might include a matrix for tracking items by size, color and style, open to buy modules or integration with purchasing modules to enable automatic generation of purchase orders. ## Deployment Strategies Best-of-breed programs such as Fishbowl can be implemented as standalone systems to manage only inventory. However, many buyers will choose to implement a program that is part of a suite that may include point of sale (POS), warehouse management (WMS), accounting, ecommerce or customer relationship management (CRM). Which type of system you implement will likely depend on your desire for integration with other modules or potentially the size of your company.  ## What Type of Buyer Are You? You will want to understand what type of buyer you are before evaluating a retail inventory system. We have found that nearly 90 percent of retail buyers fall into one of the following categories: **Small buyers.** Single-store retailers comprise the bulk of this category, but most retailers with fewer than five stores will belong here. These buyers’ needs are typically straightforward and are met by most off-the-shelf POS systems.  **Large, integrated suite buyers.** While their needs are conceptually similar to their smaller counterparts, larger retailers will require more robust, scalable programs that can share data across a wide network of locations. They are also looking for programs that can tie in POS and possibly accounting or warehouse management.  **Large, best-of-breed buyers.** These buyers work for larger retailers that have already made substantial investments in existing POS or accounting systems. They are looking for a [standalone system](https://www.softwareadvice.com/inventory-management/) that can integrate with existing applications without replacing them. They are often interested in more advanced modules for open to buy and merchandise planning.  **Multi-channel retailers.** These buyers conduct enough “brick and mortar” and online sales to warrant a system that can be managed across multiple channels. These systems will typically need to integrate with POS systems and online shopping carts. Higher volume and multi-location retailers may prefer data to be updated in real time, although they should expect a substantial increase in their investment when evaluating a retail inventory management system. ## Benefits and Potential Issues A strong inventory control system should improve the retail organization from the bottom up. Most retailers should expect the following benefits when implementing and using a system properly. - **Efficiency:** If you have ever counted stock levels at the end of the day, week or month, you know what a labor-intensive task it is. Programs eliminate the hassle of counting and keeping track of stock levels, saving time and allowing employees to focus on other tasks that grow the business.  - **Accuracy:** Diligent tracking of stock levels in a system enables users to know exactly how much of each item is in stock, which can get surprisingly difficult to manage without a formal program. A system will also help retailers plan purchase decisions based on actual historical sales data and improve the performance of their forecasts.  - **Less shrinkage:** By tracking inventory formally and updating the system as items or sold or distributed to other locations, retailers should find that shrinkage naturally diminishes. Systems help users eliminate profit loss and headaches due to employee theft, customer theft, ringing up sales for the wrong item and not recording sales properly.  - **Improved visibility:** Inventory control software enables retailers to view stock levels at other locations and from remote locations, freeing cashiers from time-consuming tasks of calling other locations to ask if they have particular items in stock. It also provides visibility on the executive level to item counts and trends across the enterprise.  As with all purchases, there are potential issues to consider as well. The first risk associated with using these systems is that they won’t be used properly by employees. This puts owners in the frustrating position of having paid for a system without reaping any of its benefits. The most common reason why employees would not use a system is because of its complexity; we have found that adequate training typically solves this issue. The second most common issue we hear about is data simply “not adding up.” This issue is likely due to the system being outdated, used improperly or not integrating properly with other systems that access its data (often accounting or ecommerce systems). Buyers will want to ensure that implementations are smooth and that integrations are maintained.  ## Market Trends to Understand Various software trends are impacting the market. The primary trends include the following: **Automated replenishment.** Advanced inventory control tools such as vendor managed inventory and electronic purchase orders enable retailers to be proactive about keeping items fully stocked. Smaller retailers are learning from larger enterprises and beginning to use these tools that have previously been affordable only to the biggest companies.  **RFID.** Another technology that has traditionally been used only by the biggest companies, RFID is working its way down market and is within reach of many mid-sized retailers. These tools enable managers to update inventory levels much faster and more accurately, improving efficiency in a number of bottlenecks along the supply chain.  **Software as a Service (SaaS).** Just about every application within the retail software industry is impacted by the universal trend towards SaaS. Having a Web-based system enables managers to share data easily across multiple locations, access system remotely, avoid large upfront costs and implement a robust system without complex hardware infrastructure. We expect the presence of SaaS solutions in retail to grow steadily over the next several years.  **Online/offline integration.** Online retail and ecommerce are becoming a vital component of retailers’ business strategies—and in some cases, the most important part. A problem for these retailers is the difficulty in counting and replenishing stock for both physical stores and online. An [RSR Research](http://www.retailsystemsresearch.com/) survey found that retailers should put a large amount of planning into how they count and control inventory, as an alarming 72 percent reported overstocking slow-moving SKUs and 52 percent said they understocked fast-moving items. RSR Research found that today’s successful retailers view stores as distribution centers and online inventory as sufficient for in-store fulfillment. ## The Vendor Landscape The software becomes much less cluttered when buyers approach it with their respective category in mind. | Feature | Description | | --- | --- | | This type of buyer... | Should evaluate these systems | | Small buyers | Comcash, Retail Pro, Microsoft RMS | | Large, integrated suite buyers | Retail Anywhere, Celerant, VuePoint OneVue | | Enterprise suite buyers | Epicor, Cybex, and Jesta Vision I.S. | | Multi-channel buyers | Counterpoint, RunIt RealTime, Retail STAR | --- ## Pricing and Purchasing Options Retailers should find that the costs of formal retail inventory programs have never been lower, due primarily to competition among vendors and declining hardware prices. The costs that buyers face will vary widely. Small retailers implementing POS systems will likely find a number of affordable options, while larger retailers looking for more advanced systems will face a larger spend. We speak to many buyers who prefer real-time inventory control across multiple locations. They should note that real-time systems are typically much more expensive than systems that update stock levels once per day, which is sufficient for most small and mid-sized retailers. Most users who implement a system that is adequately sized for their needs should be able to generate a positive return on their investment. The costs of improper inventory control are deceptively high and can be easily avoided with a formal program.