Best Retail Inventory Management Systems (Free and Paid)

The retail industry is diverse, with many products having a short shelf life. Managing every item in a rack across multiple stores creates room for errors. However, digital technologies have made inventory management more effortless. Retailers can track goods and expiry dates and reorder across numerous locations using a cloud-based retail inventory system. Moreover, when holidays or festivals are nearby, inventory management systems can send low-stock alerts for the trending products and goods so retailers can rearrange stock to ensure seamless product and goods delivery. The best thing about it is that retail inventory management software today integrates with other supply chain tools like CRM, SCM, and logistics to handle things smoothly. There are many feature-rich retail inventory management software available in the market. Choosing one from them can be tricky. Therefore, we have curated the list of top Free and Paid inventory management software to ease things up for small retail businesses.

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List of Best Retail Inventory Management Systems (Free and Paid)

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inFlow Inventory

Inventory Management Software System Made Easy

inFlow Inventory is a dynamic inventory management software designed to streamline and optimize how businesses track and manage their stock. Its user-friendly interface simplifies complex inventory tasks, making it accessible even for beginners. Key features include real-time inventory tracking, which ensures accurate stock levels and helps in avoiding overstocking or stockouts. The software also ... Read more about inFlow Inventory

Free Trial

14 Days

Pricing Type

$89 Per month

Location

Canada

Inventoryy

Inventory Management Software

   5.0

 (1 Reviews)

Easily manage all your purchase orders, invoices, and inventory levels. Streamline your business by bringing your vendors, customers, and products together. Assign bin locations and manage your products across multiple warehouses. Easily create transfer orders and see stock levels based on location. Integrate all your marketplaces, retail stores, and warehouses in one place. Easily sync orders, pr... Read more about Inventoryy

Free Trial

NA

Pricing Type

$199 Per month

Location

United States

Barawave

Revolutionizing Business with AI-Powered Cloud ERP Solutions

   5.0

 (1 Reviews)

Barawave is an AI-powered Cloud ERP system designed to streamline business operations. It integrates CRM, financial management, HR, and supply chain processes into one platform. With advanced automation, real-time analytics, and customizable solutions, Barawave helps businesses optimize workflows, reduce costs, and drive innovation for sustainable growth in a competitive landscape. Read more about Barawave

Free Trial

30 Days

Pricing Type

Contact Vendor

Location

Australia

Sage Intacct

Cloud Accounting and Financial Management Software

   3.3

 (1 Reviews)

Sage Intacct is a tremendous cloud-hosted financial management solution that any startup or big company can use to fulfill its accounting and financial-related requirements. Businesses can easily automate fundamental financial operations utilizing Sage Intacct's excellent automation features. It dramatically reduces the close time and increases the team's productivity by 40% or higher. Sage Intacc... Read more about Sage Intacct

Free Trial

Available

Pricing Type

Contact Vendor

Location

United Kingdom

Shopify POS

The point of sale for every sale

Shopify POS is a powerful point-of-sale software, seamlessly integrated with Shopify's e-commerce platform, designed to bridge the gap between online and offline retail. Its standout feature is the unified interface that manages sales, inventory, and customer data across both physical and online stores. This integration provides a consistent shopping experience for customers, whether they shop onl... Read more about Shopify POS

Free Trial

Available

Pricing Type

$89 Per month

Location

Canada

Oracle Fusion Cloud ERP is a comprehensive Project Management Software designed to empower businesses with the tools needed to plan, execute, and monitor projects effectively. It offers a robust platform for managing project timelines, resources, budgets, and deliverables, ensuring that organizations can achieve their project goals on time and within budget. Oracle Fusion Cloud ERP features an int... Read more about Oracle Fusion Cloud ERP

Free Trial

Available

Pricing Type

Contact Vendor

Location

United States

Salesforce Consumer Goods Cloud is an advanced inventory management software tailored to the needs of consumer goods companies. This cloud-based platform helps businesses optimize their supply chain, streamline inventory management, and enhance customer satisfaction by providing real-time insights into inventory levels and product availability. Salesforce Consumer Goods Cloud integrates with other... Read more about Salesforce Consumer Goods Cloud

Free Trial

Available

Pricing Type

$50 Per user

Location

United States

SAP Business One

Discover a single, affordable ERP solution for managing your entire company.

SAP Business One is a comprehensive and user-friendly ERP solution. It offers robust features that help companies manage business operations, from purchasing, inventory, customer relationships, and sales to accounting. The features SAP Business One includes are Asset Management, Reconciliation, Service Management, Reporting, Analysis, etc. Companies can easily create and manage purchase orders, re... Read more about SAP Business One

Free Trial

NA

Pricing Type

Contact Vendor

Location

Germany

Odoo Inventory

The #1 Open Source Inventory Management

Odoo Inventory is a versatile and user-friendly software, part of the larger Odoo suite, developed to enhance inventory management and operational efficiency for businesses of all sizes. Its double-entry inventory system eliminates the need for stock inputs, outputs, and transformations, thereby simplifying inventory tracking and reducing errors. Odoo Inventory stands out with its fully automated ... Read more about Odoo Inventory

Free Trial

15 Days

Pricing Type

$24 Per month

Location

Belgium

Zoho Inventory

Online Inventory Management Software

Zoho Inventory is an intuitive cloud-based inventory management software that is suitable for small to medium-sized businesses. Its standout feature is seamless integration with various e-commerce platforms, enabling effortless multi-channel sales management. The software excels in automating order fulfillment processes, including purchase order creation and tracking of shipments, significantly en... Read more about Zoho Inventory

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Square Point of Sale

Power your business with flexible POS software.

Square Point of Sale is a comprehensive and user-friendly payment processing and business management software, ideal for small to medium-sized businesses. It simplifies sales transactions by accepting various payment types, including credit cards and mobile payments, directly through smartphones or tablets. The software offers real-time inventory tracking, helping businesses manage stock levels ef... Read more about Square Point of Sale

Free Trial

NA

Pricing Type

$29 Per month

Location

United States

Square for Retail

Your entire business on one Retail POS system

Square for Retail is an all-in-one retail management software renowned for its simplicity and efficiency. It's designed to cater to both small and large retail businesses. The software's standout feature is its integrated point-of-sale system, which simplifies transactions and enhances customer experience. Square for Retail excels in inventory management, offering real-time tracking and automatic ... Read more about Square for Retail

Free Trial

30 Days

Pricing Type

$89 Per month

Location

United States

monday.com

The Work Management Software To Maximize Business Efficiency

monday.com is a versatile work operating system designed to streamline collaboration and project management. Its colorful and intuitive interface simplifies complex workflows, offering customizable boards to fit various team needs. From task tracking to project timelines, monday.com adapts to your unique processes. Team members can easily communicate, share files, and update progress in real-time,... Read more about monday.com

Free Trial

Available

Pricing Type

$9 Per month

Location

Israel

NCR Counterpoint is a versatile retail management system designed to streamline operations in retail environments. It offers features like inventory management, sales reporting, and customer tracking to help businesses manage their day-to-day tasks efficiently. The software also supports multi-location management, enabling seamless integration of data across different store locations. With integra... Read more about NCR Counterpoint

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Vend is an innovative point of sale (POS) software designed to enhance the retail experience by streamlining transactions and improving customer service. This cloud-based solution is suitable for businesses of all sizes, offering a user-friendly interface that simplifies the sales process. With Vend, retailers can manage inventory, process sales, and track customer information all from one platfor... Read more about Vend

Free Trial

Available

Pricing Type

$69 Per user

Location

Canada

Lightspeed Retail

From easy-to-use POS and ecommerce tools to advanced reporting, Lightspeed has what you need to help you scale and succeed.

Lightspeed Retail is a comprehensive, cloud-based point-of-sale (POS) and e-commerce solution designed for retail businesses. It's user-friendly, featuring an intuitive interface that simplifies sales, inventory management, and customer relationships. Key features include detailed inventory tracking, which allows retailers to manage stock levels efficiently, and integrated payment processing for s... Read more about Lightspeed Retail

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

NetSuite

Top Business Management Software

Oracle NetSuite is a top-notch cloud-based ERP solution that offers various tools, such as CRM, Human Capital Management, Omnichannel Commerce, Global Business Management, and Accounting Software. The tool provides its services in different industries, like IT Services, Healthcare, Professional Services, Retail, and Wholesale Distribution. Oracle NetSuite offers a unified platform that businesses,... Read more about NetSuite

Free Trial

Available

Pricing Type

Contact Vendor

Location

United States

ENVI-met is a cutting-edge sustainability software designed to simulate and analyze environmental conditions in urban areas. The software provides urban planners, architects, and environmental engineers with powerful tools to model the impact of different environmental factors on urban spaces, such as heat islands, air pollution, and wind flow. By using ENVI-met, professionals can simulate how dif... Read more about APPOLON

Free Trial

NA

Pricing Type

Contact Vendor

Location

Germany

CCH Tagetik

Corporate Performance Management Software & CPM Solution

CCH Tagetik, part of Wolters Kluwer, is a comprehensive software solution for corporate performance management (CPM). It specializes in budgeting, planning, forecasting, reporting, consolidation, and financial close processes. Designed for large and mid-size organizations, Tagetik streamlines financial operations, offering advanced analytics, integrated financial intelligence, and cloud-based flex... Read more about CCH Tagetik

Free Trial

NA

Pricing Type

Contact Vendor

Location

Netherlands

Unbabel

AI translations your business can trust

Unbabel is a translation management platform that combines artificial intelligence and human expertise. It helps businesses communicate seamlessly across languages. The AI handles initial translations quickly. Then, human editors refine the text for accuracy and natural flow. Unbabel supports over 30 languages, making it versatile for global use. It integrates easily with customer service platform... Read more about Unbabel

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Coupa

Smarter business buying decisions start here

Coupa is a feature-rich cloud-based platform that simplifies businesses’s accounts payable processes. It helps organizations control expenses and streamline procurement. The tool eases the purchasing process with user-friendly interfaces to ensure compliance and cost efficiency. Coupa's features include automated invoicing, expense tracking, and vendor management. Its analytics tools offer insig... Read more about Coupa

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

ShipStation

Shipping Software for Ecommerce Fulfillment

ShipStation is an innovative, user-friendly software designed to streamline e-commerce shipping and fulfillment. Catering to online sellers, it integrates with various selling platforms, making order processing and label creation efficient. With ShipStation, users can compare carrier rates, ensuring cost-effective shipping solutions. Its automation features, such as custom rules and batch processi... Read more about ShipStation

Free Trial

30 Days

Pricing Type

$$9.99 Per year

Location

United States

Access Mintsoft

Connected Warehouse Management Software

Access Mintsoft is a cutting-edge warehouse management software designed to optimize inventory control and streamline warehouse operations. This platform offers real-time tracking of stock levels, automated order processing, and efficient space utilization, ensuring that your warehouse runs smoothly and efficiently. Advanced features include barcode scanning, batch tracking, and automated reorderi... Read more about Access Mintsoft

Free Trial

NA

Pricing Type

Contact Vendor

Location

United Kingdom

Epicor Prophet 21

Best Distribution ERP Software

Epicor Prophet 21 is a versatile enterprise resource planning (ERP) software tailored specifically for distribution businesses. It excels in automating and streamlining operations, enhancing efficiency across the supply chain. The software's robust inventory management system ensures accurate tracking and optimal stock levels, which are critical for meeting customer demands. Prophet 21 integrates ... Read more about Epicor Prophet 21

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Sellbrite

#1 Multi-Channel Selling Tool for Amazon, Walmart, Etsy & More

Sellbrite is a user-friendly, multi-channel selling software designed to help online retailers increase their sales. Its core strength lies in its ability to integrate seamlessly with major online marketplaces and shopping carts, like Amazon, eBay, and Shopify. This integration enables businesses to list and sell products across multiple channels from one central location. Sellbrite simplifies inv... Read more about Sellbrite

Free Trial

30 Days

Pricing Type

Contact Vendor

Location

United States

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