As a business owner, you know the importance of your inventory and want to properly keep track of it to help your business grow and succeed. So, what do you do next? There are many choices available when it comes to inventory software.  Let’sl discuss a few……

There are a variety of inventory software programs to help you keep track of your stock. Many of these programs are great whether you are looking for small business inventory software or looking for a solution for your larger business. This type of software will help you keep an accurate count of your inventory as it progresses through your system. You can even set up alerts to let you know when a product quantity drops below a specific number.

Free inventory management software options – these are available but it can be a challenge to find free inventory software with a full array of features for free. Pay close attention because many of the free options are for a limited trial or only allow you to enter a certain amount of information, and you don’t want to spend the time setting up a software program and getting used to it if you will have to pay more than you anticipated to get it to work as you wish.

Database Alternatives – If you do not want to spend money on inventory management software, your best bet is to use Microsoft Excel or Access, which you most likely have on your computer anyway. With these programs, you can easily create databases to track your inventory. These programs also have quite a lot of features, if you take the time to learn them fully. However, using these programs effectively is a lot more time consuming than using inventory database software that does most of the work for you.

Cloud software – Companies like Ordoro provide cloud or web-based inventory management software. Our service can keep track of your inventory no matter how many web stores you sell it on or how many warehouses you store it in. Cloud-based inventory tracking software makes it a breeze for you to run your business without having to host servers and maintain your data.

Resident software – Larger companies sometimes choose to implement inventory management systems that live on their servers.  This allows them to control and secure their data.  Typically this is an option that is selected by Fortune 500 companies.  There are a lot of IT administration efforts that accompany this effort and probably aren’t a good choice for a small company.

When it comes to choosing inventory software for your business, the choices can seem overwhelming. It’s important to put some thought into the type of business you’re running and the type and amount of inventory you’re selling. This will make it easier for you to select the right software for you, whether it’s free inventory management software or a paid program.   This is an important aspect of your business to consider, so hopefully, this article will help guide you in the right direction.