Finale Inventory vs Shopventory

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Our analysts compared Finale Inventory vs Shopventory based on data from our 400+ point analysis of Inventory Management Software, user reviews and our own crowdsourced data from our free software selection platform.

Product Basics

Finale Inventory provides a comprehensive, cloud-based management platform that works well with enterprises of all sizes. It contains warehousing and multi-channel e-commerce features. Numerous integration options allow users to maintain workflows that compliment their operation while benefiting from enhanced organization.

Free training and consulting are available to users who wish to expand their knowledge. WIth functions that organize and optimize stock control processes, companies can save money by predicting and solving issues before they become bigger problems.
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Shopventory is a cloud-based SaaS solution that streamlines data within one centralized location. Its multi-channel capabilities serve small- to medium-sized ventures. It automates processes and seamlessly integrates with PayPal, Shopify, WooCommerce and more.

It offers the ability to order and track inventory, sync with QuickBooks, initiate voice command using Alexa, manage sales and automate financial reports. Eliminating manual labor and automating workflows, it provides a seamless shipping experience.
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$99 Monthly
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Tailored to your specific needs
$39 Monthly
Get a free price quote
Tailored to your specific needs
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Mobile
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Product Assistance

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Email
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Knowledge Base
24/7 Live Support
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24/7 Live Support

Product Insights

  • Cloud-Based Benefits: Provides numerous advantages over an on-premise solution. It updates autocomplete without shutting down the system, vital operation documentation is easy to share among users, and safe recall from the cloud protects data. 
  • Error Reduction: Automate day to day tasks that require manual input to prevent costly issues from arising. Spend time on more valuable tasks to improve operational efficiency. 
  • Better Data Visibility: Drill down and uncover useful metrics to make educated decisions when planning for the future. 
  • Organized Inventory: Leverage the numerous organizational features to streamline daily inventory processes. Set up optimized product spaces for an efficient environment using barcode scanning and warehouse management tools. 
  • Improved Customer Satisfaction: Strengthen customer and client trust by leveraging customized workflows, integrations and product management, ensuring items get where they need to be at the right time. 
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  • Enhanced Accuracy: Shopventory eliminates manual counting errors, ensuring your inventory levels are precise and reliable, leading to better decision-making.
  • Time Savings: Automates routine inventory tasks, freeing up hours that can be redirected towards more strategic business activities or customer service.
  • Cost Reduction: By optimizing stock levels, Shopventory helps reduce excess inventory and associated holding costs, improving your bottom line.
  • Improved Sales Insights: Offers detailed sales analytics, allowing businesses to identify trends, best-sellers, and underperformers, enabling data-driven product management.
  • Enhanced Supplier Management: Streamlines the ordering process with suppliers by tracking stock levels in real-time, ensuring timely reorders and avoiding stockouts.
  • Better Customer Satisfaction: With accurate stock information, businesses can fulfill orders more efficiently, leading to faster delivery times and happier customers.
  • Loss Prevention: Helps identify discrepancies in inventory levels sooner, allowing businesses to investigate and address potential theft or loss.
  • Scalability: Adapts to your business growth, managing multiple locations and larger inventories without the need for significant additional resources.
  • Integration Capabilities: Seamlessly connects with POS systems, e-commerce platforms, and accounting software, creating a unified operational ecosystem.
  • Real-time Updates: Provides up-to-the-minute inventory levels across all sales channels, ensuring accurate stock information is always available.
  • Inventory Optimization: Utilizes data analytics to recommend optimal stock levels, helping businesses maintain the right balance of inventory.
  • Mobile Accessibility: Offers mobile app functionality, allowing for inventory management on-the-go and immediate updates from anywhere.
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  • Multiple Integrations: Offers integration options with over 40 enterprise platforms including accounting and channel management solutions, marketplace platforms and POS systems such as Shopify, QuickBooks, Amazon and Etsy. 
  • Restock Forecasts: Leverages sales history to dynamically calculate reorders and the best times to request more of a certain item. Automatically calculates reorder points on the basis of desired days of inventory, supplier lead times and sales velocity. Helps optimize inventory space without the fear of a stock outage. 
  • Cost Analysis: Provides overhead view of crucial inventory information. Drill-down capabilities facilitate analysis of helpful metrics such as gross profit margins and the average per unit cost of products. Allows comparing the average cost for a single unit against set retail pricing. 
  • Multi-Warehouse Support: Quickly and accurately view where stock is, when it is moving and ETA through a centralized tracking function. 
  • Barcode Scanning:  
    •  Connect with barcode scanning features present in many warehousing operations. 
    •  Receive out-of-the-box support for picking, transferring, receiving and stock taking to aid in the quick optimization of warehouse space and product location. 
    •  Access printed and displayed reports to search by lot ID or part number as well as maintain component lot ID logs for assembled or manufactured items. 
  • Search Tools: Provides a historical record of vital business intelligence data via a centralized database. Previous sales records can be sorted and analyzed for valuable data that can be used for forecasting and planning. Offers search and filter features, and offers multi-location support by tracking inventory at all locations. 
  • Stock Auditing: Assists with effective stock audits and helps understand any discrepancies in new stock history reports. 
  • Inventory Purchasing: Helps centralize purchases and replenish stock with an individual database. Forecasting tools assist with restock purchase decisions. Also enables receiving partial shipments, creating reconciliation backorders at a later date and more. 
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  • Vendor Management: Simplify supply chains to streamline the ordering process. With the use of tags, efficiently arrange and sort through vendors. Assign locations and items to each vendor and access information within a unified space. 
  • Integrations: Seamlessly integrate and sync with QuickBooks to access daily, automatic updates on sales summaries. Manage and create personalized dashboards. 
  • Advanced Reporting: Access real-time insights and tracking from various channels. View detailed sales histories and generate exact estimates based on intelligent forecasting. 
  • Notifications: Enable unlimited, automatic notification alerts for low stocks. Manage and customize conditional alerts. 
  • Multiple Users: Create and collaborate with multiple people and grant custom permissions. Maintain user access control while automating accountability. 
  • Purchasing: Manage inventory and automate tracking of purchase orders without manually filling out forms. 
  • Bundling: Automate, combine and create bundles of one or more variants. 
  • Barcoding: With the use of barcode scanners, increase accuracy in keeping track of items. Import, manage and create spreadsheets for products without barcodes. 
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Product Ranking

#2

among all
Inventory Management Software

#51

among all
Inventory Management Software

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Analyst Rating Summary

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67
88
78
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63
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Purchasing
Returns Management
Dashboards and Reports
Inventory Control
Inventory Control
Purchasing

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Finale Inventory
Shopventory
+ Add Product + Add Product
Dashboards And Reports Inventory Control Inventory Valuation, Counts And Alerts Mobile Order Fulfillment Platform Capabilities Purchasing Returns Management 88 88 59 19 83 57 100 96 78 99 63 56 37 58 89 58 0 25 50 75 100
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17%
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56%
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44%
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83%
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78%
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67%
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11%
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89%
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57%
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

67%
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33%
33%
33%
34%

User Sentiment Summary

Excellent User Sentiment 184 reviews
Excellent User Sentiment 106 reviews
94%
of users recommend this product

Finale Inventory has a 'excellent' User Satisfaction Rating of 94% when considering 184 user reviews from 4 recognized software review sites.

96%
of users recommend this product

Shopventory has a 'excellent' User Satisfaction Rating of 96% when considering 106 user reviews from 2 recognized software review sites.

4.3 (3)
n/a
4.8 (26)
n/a
n/a
4.79 (53)
4.7 (154)
4.8 (53)
5.0 (1)
n/a

Awards

SelectHub research analysts have evaluated Finale Inventory and concluded it earns best-in-class honors for Purchasing. Finale Inventory stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award
Purchasing Award

SelectHub research analysts have evaluated Shopventory and concluded it earns best-in-class honors for Inventory Control. Shopventory stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award
Inventory Control Award

Synopsis of User Ratings and Reviews

Ease of Use: More than 90% of reviews on this aspect suggest that it has a simple interface and easy-to-use features.
Flexible System: Offers flexible inventory management support especially for deployment, reporting and inventory tracking, according to 100% of reviews on flexibility.
Affordable Suite: All reviews on this aspect suggest that it’s an extremely cost-effective software - having a variety of capabilities - in comparison to its competitors.
Customer Support: The support offered is extremely helpful, responsive and quick, in the view of more than 95% of reviews on customer support.
Streamlined Operations: According to 85% of reviews on this feature, it assists and facilitates inventory management that saves time and improves efficiency.
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Inventory Tracking Across Multiple Channels: Shopventory allows users to track inventory across various online and offline sales channels, including popular platforms like Shopify, Amazon, and Etsy. This comprehensive view of inventory levels helps prevent stockouts and overselling.
Automated Purchase Orders: The platform can automatically generate purchase orders based on predefined rules and inventory levels, streamlining the replenishment process and ensuring that businesses maintain optimal stock levels.
Detailed Reporting and Analytics: Shopventory provides users with insightful reports and analytics, offering valuable data on sales trends, inventory performance, and customer behavior. These insights enable businesses to make data-driven decisions and optimize their inventory management strategies.
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Loads Slow: Loading big data sets is slow at times, though Finale’s team is bringing improvements, as all reviews on the feature reflect.
Doesn’t Support iOS Browser: The software doesn’t support Mac and iOS browsers and its interface, according to all reviews on the topic.
Lacks FBA Integration: Inability to connect with FBA requires users to set virtual warehouses and inventory levels as well as map sales with a warehouse, as all reviews on the feature indicate.
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Customer Support: Users have reported slow response times and unhelpful support interactions when seeking assistance with the platform.
Integrations: Some users have expressed frustration with limitations in integrating Shopventory with their existing eCommerce platforms or point-of-sale systems.
Usability: The user interface has been described as clunky and outdated, leading to a steep learning curve for new users.
Features: Certain essential inventory management features, such as robust reporting or advanced forecasting tools, may be lacking or require additional fees.
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Finale Inventory provides comprehensive cloud-based solutions with a range of user-friendly features that help enhance inventory management processes. No iOS and Mac support is one major shortcoming of the software. Other than that, it sometimes loads slow, especially when transferring large amounts of data. There is no direct FBA integration as per user reviews. However, the support team is quite quick to resolve any issues. Flexibility and affordability are some other promising pros users commonly cite. Altogether, for non-Mac users, it’s a solid choice for those looking for an inventory management solution that does the job and is easy on the budget.

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Shopventory receives accolades for its user-friendly interface and comprehensive features, making it a top choice for businesses seeking an all-in-one inventory management solution. Users appreciate its seamless integration with popular e-commerce platforms like Shopify, BigCommerce, and WooCommerce, as well as accounting software like QuickBooks Online. This robust integration capability streamlines operations and eliminates the need for manual data entry, saving businesses valuable time and resources. Shopventory's ability to generate detailed reports on inventory levels, sales trends, and profitability provides businesses with actionable insights to optimize their inventory management strategies. However, some users have expressed concerns about occasional software bugs and the level of customer support provided. Despite these drawbacks, Shopventory remains a compelling option for businesses of all sizes due to its affordability and extensive feature set. Its scalability makes it suitable for businesses experiencing growth, as it can adapt to evolving inventory management needs. For businesses prioritizing ease of use, comprehensive features, and affordability, Shopventory is an excellent choice. However, businesses requiring extensive customer support or those with complex inventory management requirements may want to explore alternative solutions.

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