Home BUSINESS The 9 Best Inventory Management Software In 2021

The 9 Best Inventory Management Software In 2021

Are you looking for the best building stock management software? Indeed, as part of your construction activity, you must optimize the management of your supplies and equipment to ensure the smooth running of your sites. So, we are sharing with you a list of the 9 best inventory management software in this year 2020, with the pros and cons of each tool so that you can find the one that best suits your needs!

Why use inventory management software?

The functionalities of stock management software

What is inventory management software? It is quite simply a computer tool which makes it possible to record and list all the entries and exits of annual goods.

The software takes into account all stock movements, whether sales, deliveries or returns. Professionals thus benefit from better management of their various stocks, with greater control of their costs and increased customer satisfaction.

As for knowing what a stock management software is used for, there are many functionalities: the creation of delivery slips, movement or sale of goods, issuance of inventory sheets, complete computerization and digitization of stocks, control of incoming and outgoing goods, etc.

The advantages of inventory management software

Managing stocks using a software management solution has many advantages, of which the following is a non-exhaustive list:

  • Better stock management to avoid stock shortages or excess stocks;
  • Automated and relevant anticipation of orders;
  • Better cost optimization;
  • Increased control over lead times;
  • Possibility of organizing relevant promotions about your stocks;
  • Easy monitoring of all your stocks in real-time for precise planning;
  • Alert and threshold options for placing automatic orders with suppliers;
  • Reduced risk of human error;
  • Better customer satisfaction thanks to adapted and precise services.

Also Read: ERP Software: How Does It Work?

Ranking of the 9 best inventory management software in 2021

So let’s go for this top 9 of the best stock management software currently available on the market!

Exact

Our first stock management software is that of Exact – Négoce et Distribution. The exact ERP is intended for small beginner traders or international distributors with several warehouses.

This is 100% cloud-based software: it is used directly via a secure web platform that can be used on PC, tablet or mobile. It allows you to view all stocks and order levels in real-time. This online software also has the ISAE 3402 certification guaranteeing the reliability of the device.

The automation of the tool covers the financial, logistical and administrative aspects of stock management. It is possible to anticipate the production chain’s needs quickly through its reporting and alert functions and its customizable dashboard.

The Exact stock management software offers a free 30-day trial, followed by a monthly subscription price ranging from 98 to 224 € HT per month depending on the level of functionalities chosen.

OpenConcerto

OpenConcerto is free stock management software. It is a unique and free open source solution that offers a complete level of customization thanks to the addition of multiple functionalities, in particular the “Stocks”, “Orders,” and “Purchases” modules.

This single-user and multi-user software package is particularly suitable for VSEs and SMEs. For larger companies, a cloud solution at 55 € monthly (for 5 users) exists. The use and interface are intentionally straightforward and include a barcode reading option.

The main advantage of OpenConcerto is also its disadvantage: you can modulate it for free, provided you have the necessary technical skills. Otherwise, it will be necessary to call on their technical team using paid tokens.

Therefore, the financial attractiveness of this free inventory management software depends on the technical workforce you have in-house.

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Erplain

Our following stock and inventory management software is Erplain. This online tool automates commercial management and purchasing management actions (creating various invoices and quotes) while updating stocks in real-time. Innovative and intuitive, this software package is aimed more at tiny businesses.

The software also benefits from GDPR certification to guarantee its responsibility towards your data. The subscription price varies from 25 to 89 € HT monthly, with a free trial period of 14 days. This software is ideal for small businesses that want to modernize their inventory management with simple and efficient features.

However, it will respond less to companies looking for a complex, customizable and advanced software package.

Dolisim by Simafri

Dolisim is a simple and intuitive stock management software. 100% cloud, it is a versatile tool thanks to its options for controlling barcodes and expiration dates, its supplier and customer relationship management functions, its inventory valuation (PMP), and its automated orders.

The Purchase of this software gives access to many secondary services, such as technical service, antivirus or even dedicated customer support. The peculiarity of Dolisim lies in the fact that it belongs to the customers.

It is an open-source inventory management software that also works by monthly subscription, but you have the option to recover your data and software after the subscription is terminated.

The prices vary from 9 to 199 € per month, with an additional notion of ownership at the end of the subscription and indefinite access to data and files, kept securely.

Dolibarr

Then, Dolibarr is a stock management software aimed at associations, freelancers and VSEs / SMEs.

This free and open-source Dolibarr ERP & CRM tool allows complete control of your activity to control invoicing, stocks, inventory, project management, sales, etc.

It makes it possible to manage physical and virtual stocks by avoiding double entries thanks to a fast and customizable configuration available on all platforms and infrastructures.

Therefore, it is a free and simple stock management software, which offers paid modules to provide access to additional features. Although it may be less intuitive and powerful than other software packages, it is still exciting and flexible.

Also Read: How Can CRM Improve Customer Service Experience?

Stocknet

The inventory management software Stocknet is perfect for large groups. This ERP specialized in stocks is efficient for large structures thanks to its functionalities of stock valuation, entry and exit control with packaging and shipping methods, reporting, etc.

The access and permission control system is ideally suited for multi-user use.

It is SAAS software available online and therefore has the advantage of not requiring installation. However, this comes with the constraint of a mandatory internet connection.

Prices are tailor-made, with a starting price of € 65 for smaller companies. It is possible to test the software for free before making a long-term commitment.

Openflex

Our following software is Openflex. Their Purchase and the Stock module is an ERP dedicated to inventory management. It is an intuitive and straightforward cloud interface software package (ISO 27001 certified) to access classic and expected functionalities.

In addition to that, this inventory management software allows you to export data and statistical analyzes to analyze and anticipate the needs of your business. It is also possible to create alerts and configure automated procurement orders. The advantage of this tool lies in its tutorial videos available to help customers get started with the software.

There is also a mobile application on Android to use the software from a smartphone. The module can be purchased for 89.99 € HT, with the updates offered. However, Openflex requires a good internet connection to be used. In addition, it may require the Purchase of additional modules to access more advanced features.

Monstock

Are you looking for mobile inventory management software? Nonstock is an Android smartphone application (soon available on the App Store) which offers you complete mobility with real-time inventory management. Designed for all businesses, it is a simple and innovative concept.

You will be able to manage your supply stock there and your inventory of construction equipment or the control of your warehouses. Nonstock is divided into 3 different modules:

  • Mobile to replace the hand shower and export data;
  • Google Sheets to work with others on files in real-time;
  • Cloud + mobile is the complete version with the most features.

Affordable, the latter option is available for € 14.99 per month. Personalized training is also offered to support customers in getting to grips with the tool.

Inventoria

Our latest cash register and inventory management software is Inventoria by NCH Software. It is a licensed software package that can be purchased and downloaded online.

Its stock management solution is broken down into 4 significant functionalities: orders and receipts, stock reports, item control and users/sites. Thanks to its intuitive interface, it is a reliable and easy-to-use tool.

Available on Windows and Mac OS X, it costs $ 159 or around € 131. You can combine your Purchase with additional external modules: Express Accounts and Express Invoice for managing receipts and invoices, or even FlexiServer for managing personnel.

This makes it possible to have a rich and complete service offer and the management of goods.

Also Read: Dropbox Alternatives: Which Other Cloud Providers Are There?

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