Top 5 Free Inventory Management Tools

Running a business requires a lot of moving parts. It is absolutely vital to keep track of your inventory, purchasing, sales and deliveries. Gone are the days of tracking this information in an Excel sheet. You need something more reliable — that’s where inventory management software comes in.

Is an inventory management system worth it?
Inventory management tools offer a lot of different features to help your operate on a day-to-day basis. These tools act as data control hubs to track inventory, manage deliveries, and make accurate forecasts for production. Businesses can also utilize inventory management tools to stay on top of their organization’s financials.

Depending on the field your organization is in, your business could survive without an inventory management tool. But for some businesses, especially those in manufacturing, these tools will absolutely elevate your business. Managing assets the old fashioned way involves labor cost and sometimes human error. Implementing an inventory management system will benefit your business in the long run.

Can a free inventory management tool do just as much as a paid system?
It’s not a secret that you will get more features out of a paid inventory management tool than a free inventory management tool. Free inventory management tools typically offer limited versions of their paid counterparts. Because of that, free inventory management systems are probably better suited toward small businesses.

But no matter the size of your business, free inventory management tools are still worth your consideration. Below, you will find five inventory management products. Each product has both free and paid-plan options. We’ve included information to help you begin to make an informed purchasing decision — G2 Crowd star rating, integrations, features included and more. If you see a tool you like, take a look at its G2 Crowd category page to learn more.

Top free inventory management tools

  1. inFlow Inventory
  2. Vend
  3. Ordoro
  4. Zoho Inventory
  5. Salesbinder

Please note: Data as of Nov. 1, 2017.

inFlow Free Inventory Management Tools

Product Name: inFlow Inventory
G2 Crowd Star Rating: 4.2 out of 5 stars
Select it for: Usability

Why you should consider it: The free solution is ideal for small businesses or for those just getting a feel for inFlow. This tool can help you to save time on paperwork, correctly fulfill your customer’s needs, generating reports and reorder inventory. Basically, it frees up a lot of your time so you can focus on growing your business.

One inFlow Inventory review called this tool, “one of those robust, user-friendly applications users can start using in a few minutes.”

They went on to say, “Inflow has a lot of [great] inventory management features, like the easy import tool that adds stock to the database [quickly]. I like the quick view dashboard that details important figures and statistics without having to click on several menus to generate this data. Configuring the software for use only takes a couple of minutes.”

Shopify and Magento Commerce

Features included with the free plan:
— 100 products and customers
— 14 reports
— Multi-user mode for read-only
— Barcoding
— Multiple locations
— FIFO, LIFO, Average Costing

Additional features included in the paid plan:
— 100 products and customers
— 14 reports

Vend Free Inventory Management Tools

Product Name: Vend
G2 Crowd Star Rating: 3.9 out of 5 stars
Select it for: Inventory tracking purposes

Why you should consider it: Vend is a POS Retail tool that can be used for inventory management. You can control things such as inventory control, stock orders, customizable taxes, barcodes and labels and more using this tool.

One Vend review says this tool is “an overall good choice for inventory needs.”

The review went onto say, “Vend has made it significantly easier to keep track of inventory. It allows for us to save time by not having to count the products over and over again. It is easy to take things out of inventory on the web format and running reports has become significantly easier.”

Unleashed, Quickbooks Online, Stitch Labs and more

Features included with the free plan:
— Single outlet
— 10 active products
— 1,000 customers
— 1 user
— Community support

Additional features included in the paid plan:
— Unlimited users
— More active products
— 24/7 email support
— Vend E-commerce
— Multiple outlets
— Priority phone support

Ordoro Free Inventory Management Tools

Product Name: Ordoro
G2 Crowd Star Rating: 4.5 out of 5 stars
Select it for: Its ability to streamline multiple processes via one tool

Why you should consider it: Ordoro is an order management solution that acts as a central hub for shipping and inventory. It helps you to manage orders and products across multiple stores. Ordoro takes care of such things as multichannel inventory management, shipping management, dropshipping, and advanced analytics.

One Ordoro review was impressed by the platform’s ability to be both a shipping and inventory management solution.

He went on to write, “Eliminate four pieces of software and replace them with one web-based interface that does the same work [quickly]. One of our clients went from 45 minutes to ship an order (I know, really high!) to less than 5 minutes just by introducing Ordoro to their workflow!“

WooCommerce, Shopify, Magento Commerce and more

Features included with the free plan:
— USPS, UPS, FedEx and Canada Post Shipping
— Low USPS rates
— Batch create shipping labels
— Shipment splitting
— Return labels
— Tracking number writeback

Additional features included in the paid plan:
— Lowest USPS rates (Save up to 67 percent)
— Integrated Shipping
— Batch create shipping labels
— Business Analytics
— More sales channels
— Purchase orders

Zoho Inventory Free Inventory Management Tools

Product Name: Zoho Inventory
G2 Crowd Star Rating: 4.3 out of 5 stars
Select it for: Growing your business

Why you should consider it: Zoho Inventory allows you to increase sales and fulfill orders efficiently. Its centralized inventory system automatically updates your inventory quantities across all sales channels whenever your business makes a sale. The reporting feature allows your business to make well-informed decisions.

One Zoho Inventory review called this platform a “great modular approach to business apps.”

He went on to write, “Inventory app allows us to manage inventory and extend to invoicing. Not too many apps out there can do this well. We use it to do POs, track inventory, and issue invoices. We’re able to all this within one integrated app is a time saver.”

WooCommerce, BrainTree and more

Features included with the free plan:
— 20 online orders per month
— 20 shipping labels per month
— 1 warehouse

Additional features included in the paid plan:
— More online orders / month
— More shipping labels / month
— More warehouses

Salesbinder Free Inventory Management Tools

Product Name: SalesBinder
G2 Crowd Star Rating: 4.0 out of 5 stars
Select it for: Robust integrations

Why you should consider it: SalesBinder allows you to remotely access your inventory and business activities in real time. In addition to managing your inventory, SalesBinder also allows you to integrate your data into existing websites or applications.

One SalesBinder review says this platform “is a very inclusive asset/inventory management tool. While it is missing some more specialized features that would be beneficial for us, the overall system works very well. Inventory management is very easy as well as the purchase order creation.”

Xero, Zapier, WordPress and more

Features included with the free plan:
— 100 total records
— 1 user account
— Access to all features
— Limited email support

Additional features included in the paid plan:
— More total records
— More user accounts
— One active integration
— Phone and email support

This list is just a small sample of the inventory management tools on the market. Take a virtual stroll through the inventory management category page before you commit to a purchase. Once you find a product you love, be sure to leave a review detailing your experience with that solution. Your reviews can help peers in your field launch their business forward.

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