fbpx
Best Inventory Management Software for SMBs

Best Inventory Management Software for SMBs

Nowadays, keeping track of stock is more than just a backend process, it forms a competitive edge for the business. This is especially true for small and medium enterprises (SMBs) as managing inventory translates to better cash flow, improved stock availability, higher customer satisfaction, and a leaner supply chain. However, with numerous software options available, selecting the most suitable inventory management software becomes an overwhelming task.  

Here at Cevious, we support the operational advancement of thousands of SMBs through TallyPrime and other cloud solutions. In this blog, we highlight important software features as well as the leading software options. Furthermore, we share the reasons why growing businesses prefer TallyPrime over other available options.  

Why Inventory Management Matters for SMBs

Inventory management includes a wide array of processes and for small and medium businesses (SMBs), it impacts:  

Order Precision – Ensures cases of overstocking and stockouts do not occur.  

Cash Flow Management – Prevents excess capital tied down in inventory.  

Time Efficiency – Streamlined tracking, reordering, and reporting saves time.  

Business Expansion – Providing valuable data assists in making purchasing and sales decisions.  

What to Look for in Inventory Management Software

Key features prioritized by small and medium sized businesses are listed below.  

  1. Tracking Inventory in Real-Time

Always be aware of what is in stock, the location of items and their movement on a realtime basis.

  1. Managing Multiple Locations

As your business expands, keeping track of stock in different branches or warehouses becomes important.  

  1. Order Management  

Integrated systems for both purchases and sales orders promote accuracy and timeliness.  

  1. Barcode and Batch Tracking  

These features are a must for businesses dealing with perishables or serialized goods.  

  1. Reports and Analytics

Gain valuable insights about stock usage, slow-moving products, and profit margins.  

  1. Integration with Accounting & GST  

Accounts and Inventory need to be in sync. A business solution that caters to both saves time and minimizes errors.  



Best Small and Medium Business (SMB) Inventory Management Software

  1. TallyPrime (by Tally Solution) – Powered by Cevious  

Why it’s a top choice:  

TallyPrime isn’t only accounting software—it’s a complete business management solution. Here at Cevious, we have assisted thousands of SMBs to grow at a faster pace using TallyPrime’s robust inventory tools.  

Key Inventory Features:  

  • Stock data available in real-time  
  • Multiple godowns/warehouses  
  • Batch-wise & expiry date tracking  
  • Profitability reports for individual items  
  • Automated reorder level notifications  
  • Integrated GST compliance  
    • Built-in barcode generation
    • Comprising inventory, invoicing, and CRM.

Offline mode available  Barcode module (available via Cevious Add-on)  

Works seamlessly with Tally on Cloud for remote access.  

Bonus: TallyPrime can be customized with additional modules like Document Management, Auto Email/SMS Alerts, Advanced Security making it a bespoke solution for inventory-heavy SMBs.  

Ideal for retailer and wholesale distributors, manufacturers, and service-based businesses.

2. Zoho Inventory

A handy tool for small e-commerce businesses and retailers in the cloud.

Pros:  

User-friendly and simple

E-commerce and shipping integration

Affordable plans  

Cons:  

Limited accounting features  

Can get costly as you scale.  

3. QuickBooks Commerce (formerly TradeGecko)

Best suited for multi-channel retail and wholesale classified as Small and Medium Businesses (SMBs).  

Pros:  

CRM features and order processing

Inventory + Online store integration 

Intuitive user interface  

Cons:  

Expensive for startups  

Accounting features less advanced than Tally.  

 

Why TallyPrime (through Cevious) is the best fit for Indian SMBs

TallyPrime is designed for Indian businesses unlike many foreign software options. Through deep GST integration, multi-user support, and modular customization from Cevious, it provides ERP capabilities minus the complexity and exorbitant costs.

Cevious TallyPrime Features for Inventory Management:

  • Invoices and Reports Compliance with GST Standards
  • Custom modules such as Barcode, Checker & Approval, Auto-Backup
  • Tally on Cloud – provides unrestricted location-based inventory access
  • Enhanced data protection with group-wise user access control
  • Inventory turnover and stock value calculations in real-time

Conclusion: Smart Businesses Make Smart Choices

Cevious provides advanced tools like AI for advanced inventory management. Look for software that assists your ongoing business operations and provides reliable support over time. For small and medium-sized businesses in India, TallyPrime with the added features from Cevious provides all the primary inventory management systems alongside ample customization to accommodate growth.

author avatar
user

Efisiensi

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

efisiensi.themes