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Our top AI inventory management software picks of 2023

Today, we delve into their top 5 picks for AI based inventory management software, uncovering the key features and advantages of each solution.

Unleashed

Unleashed is a cloud-based inventory management solution that offers SMEs in Australia a user-friendly platform to manage their inventory effectively. It includes features such as real-time tracking, demand forecasting, and integration with popular accounting software like Xero.

ProsConsUnleashed Software✅Comprehensive features for inventory management, order fulfilment, and reporting. 
✅Cloud-based, accessible from anywhere.
✅User-friendly interface.❌Can be relatively expensive for small businesses. 
❌Limited customisation options for reporting.
❌May require some training for new users. 
❌Some users report occasional system performance issues.

Plans

Plan TypePrice per MonthSuitable forDescriptionEmerging Enterprises£64912+ usersIdeal for emerging businessesScaling Businesses£3995 – 12 usersIdeal for businesses scaling upMid-sized Businesses£2491 – 4 usersTailored for mid-sized businesses

Softwareadvice.com overall rating: 4.4

User reviews

👍

“The customer service and on boarding process is great.”

“Ease of use, theoretical correctness, and tight integration with Xero, our accounting and financial reporting software. A differentiator was also the training videos and online support.”

“Very good integration, especially to Xero. Nice ease of use and easy learning curve which is standard for cloud apps these days.”

👎

“It is annoying for me when i need to change or update a code and I am unable to change product codes.”

“It has some problems in adjusting dates as it is very difficult in real-time tracking of stock.”

“Lack of core accounting capabilities unless cannot be connected to banks and also the software randomly renders pages incorrectly.”

Cin7

Cin7 is an inventory management and point-of-sale (POS) software that offers comprehensive solutions for SMEs in Australia. It provides real-time inventory tracking, B2B e-commerce, and integration with popular accounting and e-commerce platforms. 

This cloud-based inventory management system is designed to help businesses manage their inventory across multiple channels. It offers features such as inventory tracking, order management, and reporting. Cin7 also offers integrations with various eCommerce platforms and marketplaces, making it easy to manage inventory across different channels. It is suited for businesses of all sizes and industries.

 ProsConsCin7✅Comprehensive inventory and order management features. 
✅Suitable for small, medium, and large businesses.
✅Integration with various e-commerce platforms. 
✅Real-time tracking and visibility of inventory. 
✅Good customer support.❌Can be costly, especially for smaller businesses. 
❌Complex setup and onboarding process. 
❌User interface might be overwhelming for some users. 
❌Some features may require additional training for effective use.

Plans

Plan TypePrice per MonthSuitable forDescriptionStandard349 USD3 usersInventory control
Order management  Pro599 USD6 usersComprehensive retail operations. POS,
e-commerce,
WarehousingAdvanced999 USD10 usersPro edition features
AutomationOmniContact for Pricing8 usersFor fully integrated
Expert-led Implementations

Softwareadvice.com overall rating: 4.3

 User reviews

👍

“The features on offer are promising and if they all worked well, the value for money would be fairly good.”

“I also want to appreciate the ability to make minor changes in the system software to suit out individual need. This was possible by Rep and the way he did quickly is commendable.”

“What a fabulous Company. Powerful product that is extremely customizable for your business, and account support is off the CHAIN.”

👎

“The on-boarding team could not do the job and messed up our data – then left me with the mess.”

“No Integration of stock codes with third party logistics company (3pl). And no integration of purchase orders with the 3pl.”

“Implimentation dragged on for many many months longer than planned, with poor communication, and having to resort to strongly worded emails to get any response at all.”

Zoho Inventory

This web-based inventory management system is designed to help businesses manage their inventory across multiple channels. It offers features such as multi-channel selling, order tracking, and real-time updates. Zoho Inventory also offers integrations with various eCommerce platforms and marketplaces, making it easy to manage inventory across different channels. It is suited for businesses of all sizes and industries.

ProsConsZoho Inventory✅Affordable pricing, suitable for small businesses. 
✅User-friendly interface and easy to navigate. 
✅Integration with other Zoho applications. 
✅Good for order and sales management. 
✅Customizable reports and analytics.❌Limited advanced features compared to more robust competitors. 
❌May not be suitable for large-scale businesses. 
❌Some users report occasional glitches and limitations. 
❌Customer support can be hit or miss.
❌Limited scalability for growing businesses.

 Plans

PlanPriceOrders per MonthUsersFeatures and Add-onsSTANDARD£25 per organization / month5002Composite items, Drop shipment, Backordering, Item groups and Customer portalPROFESSIONAL£65 per organization / month30002– Serial number tracking, Batch tracking, Vendor portalPREMIUM£105 per organization / month75002Contextual chat, Advanced multi-currency handling, UoM conversion, Automation, Barcode generationENTERPRISE£199 per organization / month150007Zoho Analytics 

Softwareadvice.com overall rating: 4.5

 User reviews

👍

“The seamless integration and robust features of the software are what fit the bill for this particular business situation perfectly.”

“Ease of use and the customer support are very efficient.”

“I love the great customer support and many features available.”

👎

“Going back and forth is a little frustrating but at the same time as a new user perhaps I am doing something wrong.”

“There’s few little things i miss; filtering stock based on a specific warehouse location for example.”

“Or, an application to work offline when there’s limited internet connection.”

Fishbowl

This desktop-based inventory management system is designed to help businesses manage their inventory across multiple warehouses. It offers inventory tracking, order management, and barcode scanning features. Fishbowl Inventory also offers integrations with various eCommerce platforms and marketplaces, making managing inventory across different channels easy. It is suited for businesses of all sizes and industries.

 ProsConsFishbowl✅Extensive features, including manufacturing and asset tracking. ✅Strong QuickBooks integration. ✅Suitable for small and mid-sized businesses.
✅Scalable for growth. 
✅Good customer support.❌On-premises installation may require additional IT infrastructure. 
❌Can be costly, including setup and maintenance. 
❌Steeper learning curve for some advanced features. 
❌May experience occasional technical issues.

 Plans:

Plan TypePrice per MonthDescriptionFishbowl Drive$329Cloud-based, inventory, warehousing, and manufacturing software solution, accessible from anywhereFishbowl Advanced$329
$429 for ManufacturingMost robust, on-premises inventory tracking, warehousing, and manufacturing solution with hosted capabilities

Softwareadvice.com overall rating: 4.2

 User reviews

👍

“Ease of use and simple to understand. Simplicity is what i liked the most in this software.”

“He is not only helpful but a complete pleasure to talk to.”

“I want you to know how much we appreciate you. I hope that Fishbowl commends you for your outstanding talents and customer service.”

👎

“I tell all customers to minimize customization of products and keep them as close as possible to out of the box. This is difficult with business that are accustom to their old processes.”

“Basically, I’ve found that most people who complain about Fishbowl are really complaining about inventory, which is hugely complex.”

“Hard to fix problems without having to talk to fishbowl. But they are usually very responsive when i have a problem.”

QuickBooks Commerce

This accounting software includes inventory management features such as inventory tracking, sales order management, and reporting. QuickBooks Enterprise is designed to help businesses manage their finances and inventory in one place. It is suited for businesses of all sizes and industries.

 ProsConsQuickBooks Commerce✅User-friendly interface and easy integration with QuickBooks. 
✅Suitable for small businesses. 
✅Good for managing sales orders and tracking inventory. 
✅Decent customer support.❌Limited scalability for larger businesses. 
❌Lack of certain advanced features compared to some competitors. 
❌Some users report occasional bugs and issues. 
❌Pricing may not be competitive for some businesses.

Plans

PlanPricing per monthDescriptionSimple Start$9
For one user, plus your accountant  Essentials$1350For three users, plus your accountant  Plus$19 

Softwareadvice.com overall rating: 4.6

 User reviews

👍

“It is pretty robust and works well for small companies. I have helped use this for multiple companies.”

“The ease of doing my inventory management and how it integrates with all my other software.”

“The software works and is robust. Good customer service and they seem to be constantly improving the software.”

👎

“There are certain pieces of data that do not flow well between WooCommerce and TradeGecko. The lack of phone customer support at the lower subscription levels is irritating.”

“They will not look into your real problem and send you links to tutorials. If you have a large SKU, do not mess with this software.”

“Problems with flow to QBO and no End of Day Report. Who doesn’t have an end of day report.”

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