CPA Practice Advisor

SEP 2018

Today's Technology for Tomorrow's Firm.

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18 SEPTEMBER 2018 ■ www.CPAPracticeAdvisor.com REVIEW: INVENTORY MANAGEMENT Fishbowl Warehouse www.fishbowl.com Fishbowl offers warehouse and manufacturing management software that is designed to integrate with QuickBooks Desktop, QuickBooks Online, and Xero. Fishbowl offers both U.S. and Canadian versions of the application and is well suited for both retailers and manufacturers, offering a version only for inventory management as well as a version that includes both manufacturing and inventory management capability. Fishbowl Warehouse starts at $4,395 for a lifetime license for a single user (with subscription phone support). Additional users can be added. Fishbowl offers a free trial version. Read the full review for this product online at: www.CPAPracticeAdvisor.com/ 12426089 5 2018 OVERALL RATING inFlow Inventory www.inflowinventory.com inFlow designs software for small businesses including retailers, online merchants and distribution businesses. inFlow is available as an on-premise solution as well as a cloud application that can be installed on any number of computers for complete integration. The cloud application can be accessed from any type of device including smartphones and tablets. iPhone and Android apps are also available that allow users to use their cell phone as a barcode scanner, allowing for each check in and check out of all inventory products. inFlow currently offers three editions, suitable for the smallest business to enterprise level organizations. inFlow is offered in three editions: Essentials, which is $69 per month and supports up to two users; the Advanced edition, which is $149 per month and suited to those manufacturing products; and an Enterprise level edition costing $599 per month for up to 10 users. All editions include updates, enhancements and product support. A free trial is available. Read the full review for this product online at: www.CPAPracticeAdvisor.com/ 12426088 4.75 2018 OVERALL RATING Officewise Inventory Software www.officewise.com Originally offered as a purchase order management system in 2012, Officewise has added both accounting and inventory functionality in recent years. Officewise is well suited for small to mid-sized businesses that need to manage a small number of inventory products. Officewise is not suitable for manufacturers, as it does not currently support assemblies or warehouse management. The product is scalable, with four versions available, including a free version ideal for burgeoning businesses with users able to easily scale up to the next version at any time. The four versions are: The Free version, limited to a single user and three transactions; Basic, which costs $8.95 per month and supports a single user and 10 transactions a month; Standard, which costs $24.95 per month and supports three users and unlimited transactions; and Professional, which is $39.95 per month and includes five users, unlimited transactions, and a budgeting and planning feature. With the exception of the Free version, all Officewise versions include reporting and exporting capability as well as a custom dashboard feature. Officewise also offers a free 30-day trial for those that are interested in learning more about the product. Read the full review for this product online at: www.CPAPracticeAdvisor.com/ 12426077 4.25 2018 OVERALL RATING WASP Inventory www.waspbarcode.com WASP Inventory from WASP Barcode Technologies is well suited for businesses of any size that need to track warehouse inventory. Along with inventory management, WASP also offers complete Asset & Equipment Tracking software for businesses that need to track internal assets, as well as Time & Attendance, Barcode Software, Package Tracking, and a Point of Sale application designed for smaller retail operations. WASP Inventory’s on-premise product is available in three editions: Standard, starts at $795 per year for one user; Professional, priced at $2,695 per year for 5 users; and Enterprise, at $4,495 for unlimited users. WASP InventoryCloud starts at $3,495 includes 5 users but can be scaled upward. All editions include unlimited customers, vendors, transactions, and warehouses, with the cloud version also offering an iOS/Android app. Software/hardware bundles are also available, and unlimited support is included in the price of the application. Read the full review for this product online at: www.CPAPracticeAdvisor.com/ 12426081 4.75 2018 OVERALL RATING Zoho Inventory Management www.zoho.com Zoho Inventory Management, is part of Zoho’s suite of applications designed for small to mid-sized businesses including online merchants. Along with inventory management, Zoho also offers financial and CRM capability. The inventory module offers complete inventory tracking and management, purchase order and sales order management, integrated shipping, and multiple warehouse management capability. The product is designed for global use, with U.S., UK, Canadian, Australian, Indian, and Global editions available. Zoho Inventory offers a free version of the application that works best as an intro to the product for very small retail operations. The Basic edition, which runs $29 per organization per month, supports up to two warehouse locations and up to 10 system users. The Standard edition is $79 per month and supports up to five warehouse locations, and up to 15 users. There is also a Professional edition that is $249 per month and supports up to 10 warehouses and unlimited system users. A 14-day trial is available for those interested in learning more about the product. Read the full review for this product online at: www.CPAPracticeAdvisor.com/ 12426097 4.5 2018 OVERALL RATING

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