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The Best Inventory Management Software for Small Businesses in 2025

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best Inventory Management Software

In today’s fast-paced world, efficient inventory management is key to business success. Our blog looks at the top inventory management software solutions for 2025, highlighting the main features, and pros and cons for each tool. Learn how using the reorder point procedure can improve your inventory efficiency, helping you avoid stockouts and maintain your operations running efficiently.

Whether you’re managing a small or large business, you’ll find helpful tips for choosing the best inventory management software to improve your business processes. Discover how improving your inventory turnover ratio can greatly benefit your business and simple ways to optimize it for better efficiency.

The Importance of Inventory Management

Managing inventory is more than just keeping track of stock. Think of it like running a kitchen where you need the right amount of ingredients without overstocking. The same goes for managing inventory you must ensure you have enough products without having too much, as excess inventory can tie up money and affect your cash flow.

Good inventory management is essential for keeping customers happy, improving your business’s financial health, and making sure orders are filled on time. Understanding how to manage inventory properly can help your business succeed by keeping everything running smoothly and efficiently.

Vyapar App

Vyapar App is an amazing Inventory Management Software developed for businesses of all sizes. It stands out for its cost-effectiveness, ease of use, and extensive features that cater to both inventory and financial management requirements. Vyapar facilitates the process of handling stock, invoicing, and even accounting, all in one platform, making it perfect for businesses worldwide.

Key Features

  • Complete Inventory Management: Vyapar helps businesses monitor stock levels, manage product batches, and handle sales across various locations with ease.
  • Integrated Accounting: This app combines inventory management with accounting features like financial reporting, enabling businesses to keep their accounts in order effortlessly.
  • Invoicing & Billing: Businesses can create professional, customizable invoices and generate accurate billing in seconds.
  • Offline & Online Functionality: Vyapar allows users to manage their operations both online and offline, ensuring continuous access to important data.
  • Order & Delivery Management: Streamline order processing and delivery tracking to improve efficiency in day-to-day business operations.
  • Mobile App Access: The mobile-friendly app makes it convenient to manage inventory, finances, and orders from anywhere.

Benefits

  • Low Price: Vyapar offers a much lower price compared to many other Inventory Management Software options, making it ideal for businesses that want effective tools without a high cost.
  • Easy to Use: With its intuitive design, Vyapar is user-friendly and doesn’t require extensive training to get started.
  • GST and Tax Compliance: The app includes features for generating tax-compliant invoices and financial statements, making business accounting simple and accurate.
  • No Hidden Fees: Vyapar provides full transparency in its pricing, ensuring that users won’t encounter unexpected costs for additional features.

Why Vyapar Is More Affordable Than Others

Vyapar offers some of the most competitive pricing in the market, providing a cost-effective solution without compromising on features. It has subscription plans that are much more affordable compared to many other platforms that charge high monthly fees. Vyapar ensures businesses get all the necessary tools without overspending.

Vyapar App is a very good choice for global businesses that need a simple yet powerful platform for managing inventory and finances, making it suitable for both growing and established companies looking for value and performance.

QuickBooks

QuickBooks Commerce (formerly TradeGecko) is designed for medium to large businesses that need a complete inventory and order management system with built-in accounting. It manages complex inventory across multiple locations and channels, making it highly efficient for businesses with advanced needs.

Key Features

  • Multi-Channel Support: Easily track inventory across different sales platforms like online stores and wholesale.
  • Demand Forecasting: Predict future inventory needs using past data, helping to avoid running out of stock or overstocking.
  • Batch and Expiry Tracking: Keep track of product batches and expiry dates, which is especially useful for businesses dealing with perishable goods.

Pros

  • Comprehensive Inventory Management: Ideal for businesses with complex inventory needs.
  • QuickBooks Integration: Combines accounting and inventory management into one easy-to-use system.
  • Scalable: Works well for businesses that are growing and need more advanced inventory management features.

Cons 

  • Learning Curve: Takes time to learn due to the range of features.
  • Custom Pricing: Costs vary based on the size and specific needs of the business.

Skubana

Skubana is a powerful Inventory Management Software designed for businesses with high order volumes. It helps manage inventory and track it across all channels, making operations smoother and reducing errors at scale.

Key Features

  • Centralized Inventory Management: Tracks inventory from all sales channels in one place.
  • Automation of Order Workflows: Automates processes like order routing and shipping to save time.
  • Detailed Analytics and Reporting: Offers insights into inventory performance for better decision-making.

Pros

  • Highly Scalable: Perfect for businesses handling large numbers of orders.
  • Comprehensive Automation: Reduces manual tasks, making processes faster and more accurate.
  • Advanced Analytics: Provides in-depth reports to help improve operations.

Cons

  • Expensive: Might be costly for smaller businesses.
  • Complex Setup: Requires some time and expertise to configure correctly.

Cin7

Cin7 is a cloud-based Inventory Management Software designed to handle inventory across multiple locations, such as warehouses and retail stores. It also integrates well with different platforms, making it easier to manage sales channels efficiently.

Key Features

  • Multi-Location Support: Easily manages inventory in various locations, ensuring smooth operations.
  • Real-Time Stock Tracking: Keeps stock levels accurate by updating in real-time with every sale.
  • Platform Integration: Connects with various platforms to streamline inventory and orders across channels.

Pros

  • Versatile: Ideal for businesses operating both online and in physical stores.
  • Comprehensive Features: Offers a variety of tools to manage inventory and sales.
  • Customizable: Adapts to different business models.

Cons

  • Expensive: Might be costly for smaller businesses.
  • Steep Learning Curve: Requires time and training to use effectively.

Veeqo

Veeqo is an Inventory Management Software designed to simplify order fulfillment by managing stock and shipping from one central platform. It’s ideal for businesses that need to handle inventory across multiple sales channels efficiently.

Key Features

  • Centralized Inventory Control: Manages inventory across all sales platforms in one place.
  • Automated Stock Updates: Automatically updates stock levels, helping to avoid overselling.
  • Multi-Channel Order Management: Streamlines order processing across different platforms.

Pros

  • User-Friendly: Easy to navigate, even for beginners.
  • Strong Multi-Channel Support: Handles inventory across various platforms effortlessly.
  • Fast Implementation: Quick to set up and start using.

Cons

  • Expensive: May be too costly for smaller businesses.
  • Limited Customization: This might not offer enough flexibility for larger businesses.

Brightpearl

Brightpearl is an Inventory Management Software designed for businesses that need to manage inventory, orders, and finances across multiple sales channels, both online and offline. It provides a robust solution for growing businesses with complex operations.

Key Features

  • Inventory and Order Management: Offers real-time control of inventory to prevent stockouts and overstocking.
  • Financial Management: Integrates with accounting tools, automating financial processes like tax management and reporting.
  • Real-Time Insights: Provides analytics and reports to monitor sales, inventory, and customer behavior in real time.

Pros

  • Scalable: Suitable for businesses that need a system to grow with their increasing demands.
  • Omnichannel Capabilities: Manages inventory and orders across multiple channels, ensuring smooth operations.
  • Comprehensive Financial Tools: Automates financial tasks and ensures accurate reporting.

Cons

  • Expensive: High starting costs may not be suitable for smaller businesses.
  • Complex Setup: Requires time and expertise to implement due to its wide range of features.

SkuVault

SkuVault is an Inventory Management Software designed to provide detailed tracking and management of inventory across multiple warehouses. It’s perfect for businesses that need accurate inventory updates and seamless multi-warehouse coordination.

Key Features

  • Advanced Warehouse Management: Offers tools like barcode scanning and bin location tracking to manage inventory efficiently across different warehouses.
  • Inventory Accuracy: Helps reduce stock discrepancies by providing real-time inventory updates and audit trails.
  • Multi-Channel Syncing: Ensures inventory remains consistent across all sales channels to prevent overselling.

Pros

  • Detailed Reporting: Gives thorough insights into inventory levels, order statuses, and warehouse performance.
  • User-Friendly Interface: Easy to use, making it accessible for warehouse staff without needing extensive training.
  • Scalable: Perfect for growing businesses with complex inventory and warehouse needs.

Cons

  • Expensive: Its cost may be high for smaller businesses with limited budgets.
  • Complex Setup: Requires time and expertise for initial setup due to its advanced features.

Zoho Inventory

Zoho Inventory is an affordable, cloud-based Inventory Management Software that is part of the Zoho suite. It offers a simple and effective way to manage inventory and orders across various channels, making it a great choice for smaller businesses.

Key Features

  • Multi-Channel Inventory Management: Handles inventory across multiple sales channels, both online and offline.
  • Order Automation: Automates tasks like managing orders, adjusting stock levels, and generating invoices.
  • Batch and Expiry Tracking: Keeps track of product batches and expiry dates, which is helpful for businesses managing perishable goods.

Pros

  • Affordable: Provides a cost-effective solution, particularly for smaller businesses.
  • Zoho Integration: Easily connects with other Zoho products, such as Zoho CRM and Zoho Books.
  • Cloud-Based Access: Allows users to access their inventory from anywhere and on any device.

Cons

  • Limited Features: May not offer enough advanced tools for larger businesses or those with more complex needs.
  • Restricted Customization: Customization options can be limited compared to more premium solutions.

Conclusion

If you’re searching for the best inventory management software, look no further than Vyapar App. This app is our top recommendation for small and medium-sized businesses. With its instinctive interface and strong features, Vyapar makes it easy to maintain track of stock levels, manage orders, and facilitate invoicing.

Whether you’re a new business owner or an established company, Vyapar provides the tools you require to optimize your operations. It’s not just an app, it’s a reliable partner in your business journey, helping you stay organized and responsive to your inventory needs. Choose the Vyapar App for a seamless and effective inventory management experience!

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Economy

NGX All-Share Index Jumps 0.17%

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NGX All-Share Index

By Dipo Olowookere

A 0.17 per cent growth was recorded by the Nigerian Exchange (NGX) Limited on Friday, extending the stay of the local bourse in the positive territory.

This uptrend was maintained despite profit-taking in the banking sector, which left its index down by 0.23 per cent at the close of trading activities.

Business Post reports that the insurance industry expanded by 4.04 per cent during the session, the energy counter improved by 1.05 per cent, and the consumer goods space gained 0.58 per cent, while the industrial goods sector closed flat.

Consequently, the All-Share Index (ASI) went up by 170.62 points to 102,353.68 points from 102,183.06 points and the market capitalisation grew by N541 billion to N62.851 trillion from N62.310 trillion.

There were 34 price gainers and 22 price losers yesterday, indicating a positive market breadth index and strong investor sentiment.

The trio of Caverton, Livestock Feeds and Sovereign Trust Insurance appreciated by 10.00 per cent each during the session to quote at N2.20, N5.94, and N1.10, respectively, as Neimeth jumped by 994 per cent to N3.43, and Royal Exchange increased by 9.88 per cent to 89 Kobo.

On its part, Academy Press lost 9.74 per cent to close at N3.15, PZ Cussons declined by 9.09 per cent to N25.00, DAAR Communications weakened by 8.64 per cent to 74 Kobo, Transcorp Power shed 5.91 per cent to settle at N46.95, and Dangote Sugar fell by 4.94 per cent to N38.50.

A total of 327.8 million shares valued at N11.8 billion were traded in 11,905 deals on Friday versus the 472.2 million shares worth N16.7 billion transacted in 12,336 deals on Thursday, representing a decline in the trading volume, value, and number of deals by 30.58 per cent, 29.34 per cent and 3.49 per cent apiece.

Access Holdings recorded the highest sales with 49.1 million stocks sold for N1.2 billion, Fidelity Bank exchanged 20.4 million shares valued at N359.0 million, UBA traded 20.1 million equities worth N681.0 million, Oando transacted 14.8 million shares for N998.1 million, and Universal Insurance traded 13.8 million stocks worth N8.7 million.

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Economy

NASD OTC Exchange Gains 0.26%

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NASD OTC securities exchange

By Adedapo Adesanya

The NASD Over-the-Counter (OTC) Securities Exchange extended its upward movement with a 0.26 per cent gain on Friday, January 17 amid renewed interest in unlisted stocks.

This raised the market capitalisation of the trading platform by N2.79 billion at the close of business to N1.075 trillion from the N1.072 trillion it closed in the preceding session.

In the same vein, the NASD Unlisted Security Index (NSI) went up by 8.08 points at the close of transactions to 3,111.91 points from the 3,103.83 points recorded at the previous session.

Yesterday, the volume of securities traded by investors went down by 606 per cent to 486,215 units from 1.2 million units, the value of shares shrank by 84.7 per cent to N2.8 million from N18.0 million, and the number of deals decreased by 65 per cent to 14 deals from the 33 deals carried out a day earlier.

In the final trading day of the week, there were three price gainers and one price loser, Geo-Fluids Plc, which lost 9 Kobo to finish at N4.70 per unit versus the preceding session’s price of N4.79 per unit.

On the flip side, Okitipupa Plc gained N3.60 to settle at N39.59 per share compared with the previous day’s N35.99 per share, Industrial and General Insurance (IGI) Plc added 3 Kobo to wrap at 36 Kobo per unit compared with the preceding session’s 33 Kobo per share, as FrieslandCampina Wamco Nigeria Plc improved its value by 49 Kobo to N39.65 per unit from N39.16 per unit.

At the close of business, FrieslandCampina Wamco Nigeria Plc remained the most active stock by value (year-to-date) with 3.4 million units worth N134.9 million, trailed by Geo-Fluids Plc with 8.9 million units valued at N43.0 million, and Afriland Properties Plc with 690,825 sold for N11.1 million.

The most active stock by volume (year-to-date) remained IGI Plc with 23.5 million units worth N5.3 million, followed by Geo-Fluids Plc with 8.9 million units valued at N43.0 million, and FrieslandCampina Wamco Nigeria Plc with 3.4 million units sold for N134.9 million.

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Economy

Naira Rallies by 0.06% to N,1547/$1 at NAFEM

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naira street value

By Adedapo Adesanya

The Naira extended its appreciation against the US Dollar by 0.06 per cent or N89 Kobo on the US Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Friday, January 17, trading at N1,547.58/$1 compared with the previous day’s value of N1,548.47/$1.

Market analysts expect that the Naira will appreciate in the first quarter of the year, backed by continued policy support by the Central Bank of Nigeria (CBN).

Vestance Nigeria, an agribusiness advisory firm, projects that the exchange rate will trade between N1,650/$1 and N1,750/$1 this year in its Resilience and Recovery for Agribusiness in 2025 outlook report.

“The Central Bank of Nigeria (CBN) will continue implementing reforms to enhance exchange rate market transparency while maintaining higher interest rates to curb inflationary pressures and attract foreign portfolio management,” it said.

Also, the Nigerian currency improved its value against the Pound Sterling by N20.84 to wrap the session at N1,883.59/£1 versus the preceding day’s N1,904.43/£1 and against the Euro, the Nigerian currency gained N10.45 to settle at N1,590.34/€1, in contrast to Thursday’s closing price of N1,600.79/€1.

In the parallel market, the domestic currency appreciated against the greenback by N5 yesterday to sell for N1,675/$1 compared with the N1,675/$1 it was traded a day earlier.

As for the cryptocurrency market, there was profit-taking amid excitement for a new era of crypto-friendly US government mounts ahead of Donald Trump’s inauguration next week.

Crypto investors expect a change from Mr Trump who promised on the campaign trail to position the US as a leader in the crypto space including creating a national stockpile of Bitcoin, in stark contrast to past years’ regulatory crackdowns and enforcements.

Litecoin (LTC) fell by 9.9 per cent to trade at $124.56, Ripple (XRP) slumped by 6.2 per cent to $3.10, Cardano (ADA) dipped by 4.9 per cent to $1.06, Ethereum (ETH) dropped 3.1 per cent to finish at $3,270.61, Binance Coin (BNB) went down by 2.3 per cent to $698.57 and Dogecoin (DOGE) depreciated by 2.2 per cent to $0.3927.

However, Solana (SOL) rose by 8.8 per cent to end at $235.12, Bitcoin (BTC) expanded by 0.8 per cent to $102,494.03, while the US Dollar Tether (USDT) and the US Dollar Coin (USDC) sold flat at $1.00 each.

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