Top 10: Best Free Inventory Management Software Solutions
Inventory management software is pretty much a necessity for managing the logistics, orders, and supply of a modern business. But for all the value these tools can offer, sorting through them is a pain.
The seemingly endless supply of options makes finding the right fit for you next to impossible. To make things a little easier, we took over the heavy lifting, rounding up the top 10 best free inventory management software options.
10. Square POS
For ease of use and integration, it’s hard to beat Square POS. This inventory management software is available as a free app on Android and Apple devices and can work with an unlimited number of devices.
Although the app is free, the required POS hardware to accept debit and credit purchases range from $10 to $300 depending on the type and functionality. As well, there are additional costs for upgraded features.
The Square system manages inventory, customers, transactions, invoicing, and payments.
9. Sales Binder
SalesBinder is a cloud-based inventory management software. The “all-in-one” system organizes inventory, customers, sales leads, invoices, estimates, and purchase orders, to name a few.
The software offers barcode scanning for easy inventory search, as well as item variations, and location & zone specification for users with multiple warehouses or stores. SalesBinder integrates with most major platforms, such as Intuit and WooCommerce.
The free plan limits you to 1 user, 100 records, and no integrations. Plans scale up as needed, each offering a 30-day free trial.
8. Sortly Pro
Sortly Pro’s differentiator is its ‘product tagging and cataloging’ feature. This allows users to create product catalogs with multiple images for each item. Outside of that feature, Sortly Pro has similar offerings to other simplified inventory management systems.
It’s an easy to use inventor and asset tracking platform that uses images for simple recognition. Sortly Pro has apps available on Android and Apple, but as a cloud-based platform, you can access it from your computer.
The free version offers a similar offering to SalesBinder with 1 user and 100 entries. A free trial is available for upgraded plans.
7. Zoho Inventory
Another of Zoho’s productivity tools, Zoho Inventory is a no-brainer for business already using Zoho software. That being said, this tool can also stand on its own. The functionality is appropriate for businesses of any size and is particularly well-suited to eCommerce and online retailers.
One of the biggest differentiators for Zoho Inventory is its customizability. It allows for custom product categorization, and even allows automatic restocking to avoid low or empty inventories.
The free plan offers eCommerce integrations, 5 automated workflows, and 2 users. However, online and offline orders are each limited to 20 a month. It’s a good way to test it out, but handling any significant sales will require an upgrade. .
Boxstorm’s Forever Free is the free version of their online inventory solution. Integrations with QuickBooks, along with cross-device functionality and cloud access, make it a viable option for almost any user.
Automated processes are one of the key features that make Boxstorm Forever Free an appealing option. As well as stable inventory levels by setting auto reorder points.
The free version limits usage to 1 user, 25 items, 1 location, and 100 transactions/month. There is only one level of upgrade which increases the supported locations, items, and transactions to unlimited. .
A cloud-based inventory and logistics management system, ZhenHub is designed for small to medium businesses. Its big differentiator is integrated shipping management that works harmoniously with multiple shipping services from most major carriers.
In addition to inventory management, ZhenHub boasts inventory tracking, shipment tracking, and warehouse management. Upgraded versions offer further functionality, including the use of ZhenHub Fulfillment Centers.
The free version allows for 1 user, 1 location, 1 eCommerce integration, tracking 50 shipments/month, and 50 online orders/month.
4. ABC Inventory
ABC Inventory is a sophisticated free inventory management solution. Features like multiple-currency support and managing multiple warehouses are great for a medium to large business, however, the software can be overly complex for small businesses.
The ability to export data to Microsoft Excel and Word makes this tool compatible and convenient for most users. It also supports most inventory valuation methods, so it can work with your existing processes.
ABC Inventory is a free inventory management system by Almyta Systems. Although there is no paid upgrade, Almyta does offer other commercial options if the free version becomes insufficient as you scale.
3. Google Sheets
For the most Excel-inclined users, Google Sheets can be a great free alternative for inventory management software. This solution lacks the branding pomp and some of the bells and whistles of other inventory options. Still, it’s a cloud-based platform that is familiar, with customizability and functionality that is only limited by the user’s knowledge of Excel.
It does lack some key features, like automation. Instead, Sheets-users will have to setup restock alerts and respond to them manually. This service can work for SMBs, but as the number of items and sales increases, so does the complexity. Medium to Enterprise businesses can end up with things falling through the cracks when relying on Sheets alone.
Stockpile is a user-friendly free online inventory system for small business and personal use. Unlike most free inventory management solutions, it offers unlimited users, items, locations, and support.
Tiered access allows you to share access with users without compromising security. You can allow as many users and locations as you want, and only share what you want with each. The platform also helps manage returned and damaged stocks in real-time.
Currently, Stockpile is completely free, although future features, like barcode scanning and customer management, may be available for purchase in the future. As well, in-system advertisements may appear.
Odoo is the only specific free enterprise inventory system on this list. This software is part of Odoo’s enterprise resource planning (ERP) software, but can be used as a standalone tool for inventory management.
This solution is ideal for large, complex systems that are seeking to reduce manual actions. Where it lacks is in installation, setup, and training. These stages don’t have much support and can require some advanced knowledge.
The inventory management application is free to use on its own, but getting the full suite incurs additional monthly costs per module.
When Should I Upgrade to Paid?
Most of the free inventory management software is best for trying out the solution and seeing if it’s right for you. Unless you work with small inventories, few items, and small sales figures you’ll likely need to upgrade early on.
Free versions are most popular in the startup phase. Once you begin to develop and scale a start-up, you’ll need to invest in upgrading your inventory management solution. For this reason, it’s important to make your selection carefully. Consider the options for scalability when choosing inventory management tools.
Inventory Management Software Integration & Development
The Torinit technology assessment can help companies at any stage, from pre-seed to enterprise, choose and implement the right inventory solution for their specific needs. If the right software doesn’t exist, Torinit can develop a custom option.
Your strategic technology partner, we are dedicated to growing and scaling your products profitably. Contact Us and discover the Torinit difference.