Business owner taking notes on a notebook

NetSuite pricing vs. QuickBooks cost: 2025 comparison

QuickBooks / By

When choosing the right software for your business, considering NetSuite pricing vs. QuickBooks is key to making the right choice.

NetSuite pricing vs. QuickBooks cost: 2025 comparison Read More »

Running a small business comes with challenges for business owners. Whether it’s finding clients, structuring processes, or analyzing the market, these responsibilities can take up all your time. 

This is why automating your day-to-day business processes is key to lowering additional costs and mastering your accounting functions.

When considering implementing an accounting software solution, NetSuite and QuickBooks are two popular choices. They let you:

  • Automate your workflows.
  • Handle vendor management.
  • Keep inventory levels high.
  • Boost supply chain management.
  • Manage complex accounting processes.
  • Create accurate financial statements.

In this blog, you’ll break down the NetSuite pricing vs. QuickBooks pricing models to make an informed choice.

Running your business takes more than bookkeeping.

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QuickBooks vs. NetSuite cost

Your NetSuite vs. QuickBooks cost is defined by the functionalities you use. More features come at a price, so using software that suits your needs without exceeding or underserving them is important.

Thankfully, QuickBooks has several versions, including QuickBooks Online Advanced, QuickBooks Desktop Enterprise, and several more. Keep reading for a detailed pricing breakdown with a few of your options when looking at NetSuite pricing vs. QuickBooks cost.

Overview of QuickBooks

This is one of the most popular options for accounting software. It’s renowned for its user-friendly interface and handy set of features. It offers two main options: QuickBooks Online and QuickBooks Enterprise.

Who is QuickBooks best for?

QuickBooks is best for growing businesses that need an easy-to-implement system that will simplify and speed up their processes. It’s a budget-friendly option that lets you expand its capabilities with accessible, third-party apps, such as Method CRM.

QuickBooks Online

quickbooks for mac overview

Image credit: Intuit QuickBooks

QuickBooks Online is a cloud-based solution, which means it’s accessible from anywhere with an internet connection. This convenience is a game-changer for businesses that need flexibility and to collaborate with remote teams. Its key features include:

  • Tax management.
  • Customizable dashboards, financial reports, and analytics.
  • Income and expense tracking.
  • Multiple payment methods.
  • Payroll automation.

QuickBooks Enterprise

QuickBooks Enterprise dashboard showing fiscal year's profit margins

Image credit: Intuit QuickBooks

QuickBooks Enterprise is designed for larger businesses with more established processes. Its pricing is tiered and includes a wide range of features, such as:

  • Advanced inventory management capabilities.
  • Specific user permissions.
  • Multi-factor product cost calculations.
  • Automated payment reminders.

Overview of Oracle NetSuite

NetSuite product shot

Image credit: Oracle NetSuite

NetSuite is a robust, cloud-based enterprise resource planning (ERP) system with advanced features. The platform offers:

  • Advanced reporting.
  • Cash flow management.
  • Balance sheets.
  • Asset management.
  • Cost tracking.
  • Time tracking.

Who is NetSuite best for?

NetSuite is best for large businesses with multi-step processes. Along with SAP, NetSuite is one of the most important business software providers for enterprises. It’s most convenient when a company plans on managing all its processes through one system.

Which is cheaper, NetSuite or QuickBooks?

Let’s explore NetSuite pricing vs. QuickBooks a little bit deeper. In most cases, QuickBooks is more affordable than NetSuite, since it’s made for growing businesses.

NetSuite vs. QuickBooks cost

Both systems’ prices are calculated based on the modules and the amount of users included. Each version suits different needs and budgets:

QuickBooks EnterpriseQuickBooks Online AdvancedNetSuite
PriceStarts at $480 monthlyStarts at $160 monthlyStarts at $999 monthly
Free TrialYesYesNo
Online or On-premiseOn-PremiseOnlineOnline
Integration capabilitiesA wide range of third-party appsA wide range of third-party appsOther Netsuite solutions
ScalableYesYesYes

NetSuite pricing

NetSuite pricing involves a customized quote based on your business’ specific needs. This flexibility ensures you only pay for the features you require. However, it’s essential to note that NetSuite is more expensive than QuickBooks.

When subscribing to NetSuite’s accounting software, you pay an annual license and a one-time implementation fee. After that, your price per month depends on the:

  • Core platform you buy.
  • Optional modules.
  • Number of users.

NetSuite trial

NetSuite doesn’t offer a trial period for new users. But you can take a product tour to get an idea of how it works before you decide.

QuickBooks Online pricing

QuickBooks Online pricing is subscription-based, with various plans available depending on your needs. The cost ranges from $35 per month to $235 per month for more advanced services. This price includes a fixed number of users, but you can increase it if needed.

QuickBooks Online trial

QuickBooks also offers a 30-day free trial period for its Online version. This lets you test the platform before you make a financial commitment.

Get started with QuickBooks Online here.

Online payments, automated leads, and customer management?

See how Method does it all

QuickBooks Enterprise pricing

QuickBooks Enterprise’s pricing is higher than the Online version due to its more extensive feature set. The cost starts at around $1,992.50 per year and increases based on your number of users and the required features.

QuickBooks Enterprise trial

Like QuickBooks Online, QuickBooks Enterprise provides a 30-day trial period to help you evaluate if it fits your business correctly.

Feature comparison: NetSuite vs. QuickBooks cost

Now that we’ve touched on pricing details, let’s look at NetSuite’s and QuickBooks’ features.

QuickBooks is known for its affordability, user-friendly interface, and excellent support, which makes it an attractive option for small businesses. It offers essential accounting tools such as: 

  • Invoicing.
  • Expense tracking.
  • Financial reporting.

NetSuite, on the other hand, includes features for larger businesses. While QuickBooks focuses primarily on accounting, NetSuite’s functionality extends beyond finance.

The good news for QuickBooks users is that integrated point solutions exist to increase QuickBooks’ functionality to that of an ERP. Below is an example of how just one integrated tool lets QuickBooks users overcome growing pains.

Get affordable ERP functionality with QuickBooks Method integration

Method is the #1 lead-to-cash automation tool for small to medium-sized businesses that use QuickBooks Online or Desktop. It’s one of the best business apps to expand QuickBooks’ capabilities for business growth.

Method’s real-time, two-way sync with QuickBooks builds upon the strong foundation QuickBooks sets to give you the power of an ERP at a fraction of the cost. 

In addition to supporting financial planning, this integrated solution supports your financial management capabilities by automating your customer communications. It: 

  • Integrates with third-party apps such as MailChimp.
  • Creates custom dashboards.
  • Lets you customize quotes and invoices.
  • Provides real-time visibility to create an integrated solution with QuickBooks.

Whether you need to convert website visitors into leads or obtain customer approval on quotes via e-signature, Method grows your business, not your stress. Start your free trial here.

How to choose between NetSuite pricing vs. QuickBooks pricing

Deciding factors to consider

Setting key performance indicators (KPIs) for your accounting processes and monitoring your financial performance are crucial to understanding new software’s impact on your business.

To make the right choice between NetSuite vs. QuickBooks pricing, you should conduct a cost analysis. Consider the factors that influence how long it takes to get a return on your investment:

  1. Degree of business complexity and size: For small businesses with straightforward financial needs, QuickBooks is an affordable option. Especially when you consider that NetSuite users often pay for capabilities they don’t take advantage of.
  2. Industry-specific needs: Some industries require specialized features to manage daily business operations. Software customization options and third-party integrations can satisfy your needs. Keep these options in mind when considering the NetSuite vs. QuickBooks price.
  3. Budget constraints: QuickBooks is more budget-friendly for your business. This is the right choice if you’re looking to save on costs.

Pro-tip: Don’t take the decision between NetSuite and QuickBooks lightly, as system migration is often a long, stressful process.

Your financial health and strategy

Ultimately, your budget and financial management significantly influence your decision. It’s crucial to balance the cost of any software with the value it provides to your business. Remember to account for potential future growth and the need for additional features and business tools over time.

Recap: NetSuite pricing vs. QuickBooks

When evaluating NetSuite pricing vs. QuickBooks pricing, consider not only the cost per user, but:

  • Data migration fees.
  • Set up time and cost.
  • Staff training expenses and impact on productivity.

Remember that the right choice between NetSuite pricing vs. QuickBooks pricing for you depends on your: 

  • Business requirements.
  • Budget.
  • Industry.
  • Long-term goals. 

QuickBooks is a cost-effective and user-friendly choice for small businesses with straightforward financial needs. On the other hand, NetSuite is a pricier option for more complex enterprises.

By weighing these factors, you’ll make an informed decision that ensures your business’ financial health and success.

NetSuite vs. QuickBooks cost: FAQs

How much does NetSuite cost per year?

NetSuite starts at $999 monthly, plus the amount of each user fee.

Is QuickBooks Online the same as QuickBooks Desktop?

QuickBooks Online and QuickBooks Desktop are different QuickBooks versions. Both of them offer free trials and are scalable solutions, but QuickBooks Online is cloud-based, while QuickBooks Desktop is hosted on-premise.

Drive your business forward with Method. Start free trial.

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Calculations sheet

NetSuite vs. QuickBooks Online: Which is the better business system?

QuickBooks, Small Business / By

NetSuite vs. QuickBooks Online: The real question is which system fits your needs. In this blog, find what you need to make the right choice.

NetSuite vs. QuickBooks Online: Which is the better business system? Read More »

Choosing the right software to manage your business processes is not simple, especially when choosing between NetSuite vs. QuickBooks Online. In this blog, you will find a complete guide to picking the right business system for you.

Push QuickBooks Online further than ever with Method.

See all the ways how

Overview of QuickBooks Online:

Let’s start by taking a closer look at QuickBooks Online and QuickBooks Online Advanced.

QuickBooks Online

QuickBooks Online dashboard

Image credit: Intuit QuickBooks

QuickBooks Online is Intuit’s cloud-based accounting software. It simplifies financial management for small businesses with a range of features, including: 

  • Cash flow management.
  • Invoicing.
  • Financial reporting. 
  • Expense and inventory tracking. 

QuickBooks Online is accessible from anywhere with an internet connection, making it a favorite among on-the-go entrepreneurs. It helps business owners simplify their accounting and financial processes by providing them with accessible best management practices.

QuickBooks Online Advanced

Image credit: Intuit QuickBooks

On the other hand, QuickBooks Online Advanced is designed for businesses with more complex needs. It offers advanced reporting and analytics, workflow automation, and robust user permissions. It is an excellent option for companies with growing pains that demand more from their accounting software.

Overview of NetSuite

NetSuite product shot

Image credit: NetSuite

Oracle NetSuite is a cloud-based business management suite that integrates accounting, Customer Relationship Management (CRM), and Enterprise Resource Planning (ERP) into a single platform.

NetSuite is best for large businesses or companies that have complex internal workflows. Having everything on one platform simplifies bureaucratic processes, such as approvals and requests that would typically take more time.

Oracle NetSuite vs. QuickBooks Online: What’s the difference?

The main difference between QuickBooks vs. NetSuite lies in their capabilities and the scale of businesses they cater to. 

QuickBooks focuses on accounting processes and is a user-friendly tool that is easy to implement. It is a versatile accounting software that simplifies financial management for businesses by providing tools for tracking income and expenses, managing cash flow, and generating financial reports. Its ease of use and range of features make it a popular choice for many small and medium-sized businesses.

Meanwhile, NetSuite manages the tasks for several business areas and involves a longer implementation process. It is a more expensive option that businesses are usually locked into long-term.

Can you integrate QuickBooks Online and NetSuite?

It’s possible to integrate QuickBooks Online and NetSuite through third-party integrators. Keep in mind that while integration can provide a bridge between the two systems, they remain distinct platforms with similar functionalities. 

Switching from QuickBooks Online to NetSuite

Switching from QuickBooks Online to NetSuite is a significant move that should be carefully considered. While NetSuite offers a broader range of capabilities, it also comes with a steeper learning curve and higher cost. Businesses contemplating this switch should be prepared for a comprehensive transition process involving data migration, training, and adaptation to new workflows.

Pro-tip: If you’re a QuickBooks Online user looking to extend the power of QuickBooks, turn to apps.com for hundreds of integrated apps that add functionality to your account! 

NetSuite vs. QuickBooks Online: Feature comparison

Now, let’s dive deeper into the capabilities of each software solution.

Accounting and financial management

QuickBooks Online excels in accounting and financial management. It provides a user-friendly platform for tracking income and expenses, managing invoices, and generating financial reports. It’s particularly well-suited for small to medium-sized businesses looking for streamlined accounting processes.

On the other hand, NetSuite goes beyond accounting, offering a full suite of ERP capabilities. It’s a comprehensive solution for businesses looking to integrate accounting with broader operational needs like inventory management, order processing, and supply chain management. NetSuite is a robust choice for mid-sized and large enterprises with complex requirements across business departments.

The good news for QuickBooks users who think they’re outgrowing the tool? You can build ERP functionality with the help of the vast ecosystem of apps that integrate with QuickBooks Online. All at a fraction of the cost of NetSuite!

Customer relationship management (CRM)

QuickBooks Online is primarily an accounting software, so CRM isn’t its strong suit. However, this software is easily integrated with powerful lead-to-cash automation tools such as Method CRM. See why QuickBooks Online and Method CRM are the perfect pair for your growing business below. 

NetSuite also offers a comprehensive CRM module with features like sales force automation, marketing automation, and customer service management. 

Customization and integrations

QuickBooks Online boasts many integrations and third-party applications to extend its functionality.

On the other hand, NetSuite offers extensive customization options that allow you to tailor the software to your specific needs. It also integrates with several external solutions and applications to broaden its range of action.

Online payments, automated leads, and customer management?

See how Method does it all

Pros and cons of QuickBooks Online vs. NetSuite

Now, let’s break down the pros and cons of each system.

QuickBooks Online

Primary benefits

  1. User-friendly: QuickBooks Online is convenient even for users with limited accounting and software knowledge.
  2. Accessibility: It offers cloud-based access, allowing you to manage your finances from anywhere with an internet connection.
  3. Cost-effective: QuickBooks Online provides competitive pricing, making it budget-friendly for small businesses.

Limitations

  1. Scalability: While suitable for small to medium-sized businesses, QuickBooks Online only scales well for large enterprises when you take advantage of the app ecosystem.
  2. Limited CRM: Although integrating it with third-party CRMs is very simple, its native CRM features are basic.
  3. Data centralization: Given its focus on certain processes, managing all business operations through the same platform is not an option. Instead, you must extend QuickBooks’ power with integrated apps. 

Pricing

QuickBooks Online pricing varies based on your subscription plan. It starts with a cost-effective tier for basic accounting needs and increases based on the number of users and functionalities.

QuickBooks Online Advanced

Primary benefits

  1. Enhanced reporting: QuickBooks Online Advanced offers comprehensive reporting and analytics, ideal for businesses seeking deeper insights into their financial data.
  2. User permissions: Say hello to more user controls and permissions that are crucial for larger organizations.

Limitations

  1. Cost: QuickBooks Online Advanced comes at a higher price point, which may not be suitable for businesses with small budgets set aside for business systems.
  2. Complexity: The advanced features may not be fully used by early-stage businesses or those new to accounting processes.

Pricing

QuickBooks Online Advanced supports more users and several functionalities across processes, which makes it more costly than the standard QuickBooks Online plans.

NetSuite

Primary benefits

  1. Comprehensive solution: NetSuite offers an all-in-one solution for accounting, CRM, and ERP, reducing the need for multiple software solutions.
  2. Scalability: It can grow with your business, accommodating the needs of both mid-sized and large enterprises.
  3. Customization: NetSuite is highly customizable, allowing businesses to adapt it to their unique processes. However, NetSuite customization is expensive and time-consuming. 

Limitations

  1. Complexity: The amount of features in NetSuite may be overwhelming for smaller businesses.
  2. Price: NetSuite’s robust functionality comes at a higher cost, making it less budget-friendly for some organizations.

Pricing

NetSuite offers an annual license with a varying price based on the number of users, optional modules, and the core platform. There is also a one-time implementation fee to get the system up and running.

NetSuite vs. QuickBooks Online: Which is best for you?

Factors to consider

  1. Business size: QuickBooks Online alone is well-suited for small to medium-sized businesses with straightforward processes. However, with the powerful ecosystem of QuickBooks apps, you can increase QuickBooks’ functionality as needed. NetSuite is ideal for mid-sized and large enterprises with complex, multi-step processes.
  2. Budget: Consider your budget constraints. QuickBooks Online offers more budget-friendly options, while NetSuite has a hefty price tag.
  3. Complexity: NetSuite is a great option for companies with intricate, multi-step operations that require direct communication between business departments. On the other hand, QuickBooks Online supports straightforward workflows with a user-friendly interface.

Who should use NetSuite vs. QuickBooks Online?

  • Use QuickBooks Online if you have a small to medium-sized business with straightforward accounting needs and a small budget.
  • Consider QuickBooks Online Advanced if you need comprehensive reports and user permissions but still have a relatively simple business model.
  • Opt for NetSuite if you’re a large enterprise with complex financial and operational needs.

Get the best of both worlds with Method

Estimate in Method, with a QuickBooks and Method sync iconography

If you want to bridge the gap between NetSuite vs. QuickBooks Online, consider exploring Method, the #1 lead-to-cash automation tool for QuickBooks users. 

Thanks to its real-time, two-way QuickBooks Online sync, Method builds on the strong foundation that QuickBooks offers. A customizable solution, Method can be tailored to handle any workflow so you can finally build your business instead of just running it. 

Whether that’s by instantly turning your website visitors into leads or automating your customer approval process, Method lets you grow your business, not your stress. 

Gain control and scale your business with confidence by starting your free trial today. 

Recap: Oracle NetSuite vs. QuickBooks Online — Who wins?

Ultimately, the choice between NetSuite vs. QuickBooks Online comes down to your business needs:

  • Size: Pick the system that is made for your business’ size to use it to its full extent and get the most out of your money.
  • Complexity: Consider whether you have the available resources to launch a long-term implementation process with NetSuite. QuickBooks Online will let you get started from day one.
  • Budget: Calculate your budget carefully to avoid overextending your resources.
  • Growth plans: Choose the option that will suit your needs at every growth stage.

QuickBooks Online is a fantastic choice for small to medium-sized businesses seeking efficient accounting processes. 

NetSuite shines as an all-encompassing solution for large enterprises looking to streamline operations and gain deeper insights into their business processes. 

Remember, there’s no one-size-fits-all answer, so take your time to evaluate your specific needs and goals before making a decision. Whichever path you choose, you’re on your way to smarter business management.

Investing in the efficiency and financial health of your organization is critical, so gather all the information you need before making a decision.

Automate your way to stress-free days with Method. Try for free.

Image credit: Lukas via Pexels

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Best CRM software solutions in 2025 – Top 6 picks

CRM / By

Discover the top best CRM software for your business including their features, limitations, and prices.

Best CRM software solutions in 2025 – Top 6 picks Read More »

Choosing the best CRM software isn’t just about buying a tool to organize your customer data. It’s about investing in a solution that drives business growth. But with all the options available, choosing the best CRM software is daunting. 

In this blog, you’ll learn about the top six CRM products on the market. To equip you with the knowledge to pick the best CRM software for your business, you’ll explore their: 

  • Features. 
  • Limitations. 
  • Prices. 

Let’s get started!

What is CRM software?

CRM, or Customer Relationship Management, is a software system that helps you manage and analyze customer interactions throughout the customer lifecycle. 

It centralizes customer information, so you always have all your data at your fingertips.

Whether you’re a general contractor or an accounting firm, a CRM is integral in helping you drive sales growth and build lasting relationships to retain customers.

Benefits of using CRM software

There are various advantages to investing in a CRM software. The key benefits are that this software:

  • Facilitates efficient customer relationship management: The best CRM software simplifies contact management so that no lead or customer falls through the cracks.
  • Empowers effective sales and marketing strategies: With CRM software, your sales teams target their prospects better. Plus, you can tailor marketing campaigns to different customer segments.
  • Enhances customer data management and organization: Centralizing customer data ensures that your whole teams has the information to make informed decisions and collaborate effectively.
  • Enables seamless lead tracking and conversion: Track leads from the moment you capture them until you convert them to customers to stay organized and drive more deals.
  • Drives customer engagement and satisfaction: The best CRM software helps you understand customer needs and preferences so you can offer more personalized services.

Without further ado, let’s look at the best CRM software solutions for your business.

6 best CRM software solutions

1. Method CRM

Method CRM is the top CRM choice for QuickBooks and Xero users. It offers a completely customizable experience for operational efficiency. 

With Method, you can track leads with ease. And its automatic two-way sync with QuickBooks and Xero means that once those leads become customers, you never have to worry about double-data entry.

What’s more, this solution provides advanced automation tools that rival other platforms.

Features

  • Integrates with other systems for seamless data flow, including QuickBooks and Xero.
  • Automates repetitive tasks and workflows to strengthen sales performance. 
  • Generates comprehensive reports and analytics for informed decision-making.
  • Provides a centralized platform for customer management so customer details and annotative things like notes are in one place.
  • Offers scalability to accommodate business growth as your number of employees and contacts increases. 
  • Delivers an intuitive and user-friendly interface for ease-of-use.
  • Offers a mobile app for iOS and Android. 


Limitations

  • Only available in English. 
  • Limited to QuickBooks and Xero users. 

Pricing

  • Contact Management: $25 per user per month.
  • CRM Pro: $44 per user per month.
  • CRM Enterprise: $74 per user per month.

2. Salesforce

Screenshot of the Salesforce dashboard.

Image credit: Salesforce

Salesforce is a powerful platform that empowers customer engagement through advanced tools and analytics. It simplifies operations and fosters deep customer relationships, driving sustainable growth for you.

Features

  • AI capabilities for predictive sales analysis.
  • Mobile and web-based platform for sales teams on the go.
  • Integration with Gmail, Outlook, and other apps.

Limitations

  • Higher price point compared to other CRM software.
  • Complex interface that may not be suitable for all users.

Pricing

  • Starter: $25 per user per month.
  • Professional: $80 per user per month.
  • Enterprise: $165 per user per month.
  • Unlimited: $330 per user per month. 

3. HubSpot

Screenshot of HubSpot dashboard.

Image credit: HubSpot

Hubspot is one of the best CRM software for contact segmentation. It’s broken down into different “hubs” that include marketing, sales, service, and more. You can pick and choose from these hubs to create a personalized business system.

Features

  • Powerful sales dashboard that optimizes sales and revenue generation.
  • Automated workflow that nurtures leads and fosters customer loyalty. 
  • Contact deal and task management.
  • Email marketing features like tracking and scheduling tools and pre-made email templates.

Limitations

  • Costly compared to other CRM systems.
  • Reviews cite limited templates for certain marketing campaigns.
  • Advanced reporting features are available only in higher-tier plans.

Pricing

HubSpot sells its software by hub or in bundles. Pricing is dependent on how many hubs you require. There’s no real trial, but HubSpot offers a free version of its CRM software.

The Starter CRM Suite costs $50 per month or a discounted $540 annually. This includes their marketing, sales, and service hubs with two paid users.

4. Pipedrive

Overview of a calendar page on Pipedrive CRM software interface. It shows a lead's account information and recent history of calls.

Image credit: Pipedrive

Pipedrive is a basic, client-friendly solution perfect for small businesses seeking their first CRM. The platform is sales-focused, monitoring each step in the sales funnel to serve your customers better.

Features

  • Drag-and-drop automated sales pipeline.
  • Live dashboard that measures and tracks key performance metrics. 
  • Shared pipelines and chat functionality that streamlines collaboration and team communication.
  • Email segmentation to tailor messages to specific customers, including bulk emails. 

Limitations

  • Limited capacity to handle rapid growth.
  • Advanced automation features are reserved for higher-tier plans.
  • Most plans have limited custom fields and sales reports.
  • Doesn’t separate leads from contacts, making it difficult to distinguish between new and qualified leads in your sales funnel.

Pricing

  • Essential: $14.90 per user per month.
  • Advanced: $24.90 per user per month.
  • Professional: $49.90 per user per month.
  • Enterprise: $99.00 per user per month.

5. Freshsales

Overview of a "Leads" page on FreshSales CRM software interface. It shows a lead's account information and recent history of calls.

Image credit: Freshsales

Freshsales (formerly known as Freshworks) is another top CRM platform that focuses on sales growth. It helps your team generate more revenue through its workflow automation features.

Features

  • Email tracking and lead scoring tools, a combination that improves customer retention and relationship nurturing.
  • Unique sales funnel mapping with contact lifecycle stages.
  • Advanced analytics and reporting options for sales activity and sales performance.
  • Functionality that segments customer groups for targeted marketing campaigns. 

Limitations

  • Weak customization options. 
  • Lacks meaningful ways to engage with customers.
  • Limited reporting capabilities in the basic plan.
  • Hard limit of 1000 contacts for any marketing actions.

Pricing

  • Free: $0 per user per month.
  • Growth: $18 per user per month.
  • Pro: $47 per user per month.
  • Enterprise: $83 per user per month.

6. Zoho CRM

Screenshot of Zoho CRM dashboard.

Image credit: G2

Zoho CRM is another great tool that emphasizes business workflow automation and efficiency. It  integrates seamlessly with a suite of products, enhancing collaboration and ensuring consistent customer experiences.

Features

  • Canvas — a new customization tool.
  • Third-party integrations with Slack, Shopify, and more.
  • ZIA — an AI-powered sales assistant that personalizes customer experiences and interactions. 
  • Robust security that ensures data security and privacy protection. 
  • Provides reliable customer support and training resources, including a sizable list of instructional videos.

Limitations

  • No specific support for customization.
  • Limited custom fields in cheaper plans.
  • You need to purchase other Zoho tools for an all-in-one solution.

Pricing

  • Standard: $20 per user per month.
  • Professional: $35 per user per month.
  • Enterprise: $50 per user per month.
  • Ultimate: $65 per user per month.

Guiding principles for selecting the best CRM software

Considering user per month costs

It’s important to consider the cost of each software per user per month to ensure you’re getting value for your investment. CRMs offer plenty of features, but some options might be too pricey if you’re a smaller team or startup. 

The importance of mobile app availability

Having on-the-go access to your CRM is crucial. For example, a mobile app lets your team remotely: 

  • Update records. 
  • Track leads.
  • Communicate with customers. 

The best part is that you can do all of this from anywhere, at any time. This way, you never miss an opportunity. 

Evaluating limited features and functionality

Every CRM is different, so it’s essential to evaluate the features and functionalities that each platform offers. Make sure your chosen CRM meets your business needs and isn’t bloated with features that complicate your experience. 

Harnessing artificial intelligence capabilities

Modern CRMs now integrate artificial intelligence (AI) tools to provide predictive analytics, lead scoring, and chatbots. 

These capabilities enhance your sales process by:

  • Offering insights.
  • Automating repetitive tasks.
  • Improving customer interactions.

The utility of email tracking and workflow automation

Email tracking lets your sales team know when a prospect opens or otherwise engages with an email. This lets them gauge interest and follow up effectively. 

On the other hand, workflow automation simplifies your processes by automating tasks like:

  • Lead assignment. 
  • Follow-up reminders. 
  • Data entry. 

As a result, you stay better organized and save time and money.

Understanding sales process customization options

Every business has a unique sales process. A good CRM lets you customize it to reflect your company’s sales stages. This way, your software complements — rather than complicates — your sales strategy.

Assessing customer interaction tools and contact management

Customer interaction tools like chat and email integrations enhance communication. Additionally, with powerful contact management, all your contact data, from basic contact details to interaction histories, stays organized and easily accessible.

Key takeaways: Identifying the ideal CRM software for your needs

All in all, the best CRM software: 

  • Seamlessly integrates with your processes. 
  • Enhances customer relationships.
  • Drives business growth. 

Method stands out as the best CRM software when tailored to meet your needs. Here’s why:

  • Powerful two-way sync with QuickBooks or Xero ensures data accuracy.
  • Customizable features to fit your business model for a simplified workflow.
  • Enhanced customer interaction tools to foster lasting relationships.

While Method is your best bet, the best CRM software for your business is ultimately one that effectively caters to your unique needs.

Frequently asked questions

Should I consider a free CRM?

Free CRMs, while cost-effective initially for small businesses or startup companies, can have hidden costs. This can come in the form of:

  • Limited functionality.
  • Lack of support.
  • Potential security risks.

Free CRMs only offer basic features to help you manage customer relationships. When it comes to software, you get what you pay for. As your business grows, you’ll likely need to upgrade for more advanced features. 

What are the 3 types of CRM?

The three types of CRM are:

  • Operational CRM: Focuses on streamlining and automating sales, marketing, and service processes.
  • Analytical CRM: Concentrates on data analysis and reporting to improve customer relationships.
  • Collaborative CRM: Enhances communication between teams and stakeholders to better serve customers.

Why is CRM data quality important?

Your CRM data quality is important because it directly impacts your: 

  • Decision-making. 
  • Customer interactions. 
  • Overall business strategies.

Good quality CRM data helps you target the right customers and avoid costly mistakes. Clean and accurate data is also crucial for effective marketing and sales strategies.

On the other hand, poor data quality leads to missed opportunities and diminished customer trust.

Save hard costs and real time with a free trial of Method.

Image credit: nyul via Adobe Stock

man sitting and writing at a home office with cash, laptop, and a calculator on the desk

NetSuite vs. QuickBooks: Which is best for your unique needs?

QuickBooks / By

Two popular options are NetSuite vs QuickBooks. Both are great solutions, but let’s break down the differences between them.

NetSuite vs. QuickBooks: Which is best for your unique needs? Read More »

Choosing the right accounting software is a pivotal decision if you’re looking for success and scalability. Among your many options are NetSuite and QuickBooks. Both platforms offer a range of features designed to simplify financial management and workflows. 

But, understanding the key differences between NetSuite and QuickBooks is crucial if you’re looking to make an informed decision that aligns with your unique requirements. This blog explores these differences, highlighting each software’s:

  • Key features.
  • Third-party integrations.
  • Best-suited industries.

QuickBooks is renowned for its user-friendly interface and core accounting feature set tailored towards small to medium-sized businesses. Additionally, it offers solutions like QuickBooks Enterprise for larger businesses with more complex needs. 

On the other hand, NetSuite accounting software is designed for mid-to-large-sized companies, as it offers a cloud based solution that integrates: 

  • Accounting.
  • ERP.
  • Customer relationship management (CRM).
  • E-commerce solutions.

A suite of customizable features.

Let’s dive into these two software options further. 

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Overview of QuickBooks

quickbooks product dashboard with graphs and charts displayed on both desktop and mobile versions.

Image credit: QuickBooks

QuickBooks, developed by Intuit, is an accounting software that helps you manage: 

  • Day-to-day financial transactions.
  • Accounts receivable.
  • Accounts payable.
  • Additional financial functions. 

QuickBooks is directed at core accounting and bookkeeping tasks for small and medium-sized businesses. Here are some pros of QuickBooks: 

  • A user-friendly design that focuses on your business’ financial activities.
  • Integrates with third-party apps that offer a wider selection of customization to specific business requirements.

QuickBooks Enterprise

The QuickBooks ecosystem includes a comprehensive suite of solutions, including: 

  • QuickBooks Online.
  • QuickBooks Desktop.
  • QuickBooks Online Advanced.
  • QuickBooks Enterprise. 

Among these, QuickBooks Enterprise stands out as a premier accounting software solution, particularly for larger businesses that face complex accounting challenges. This version offers sophisticated features like: 

  • Advanced payroll management.
  • Pricing flexibility.
  • Comprehensive inventory tracking. 

Enterprise supports a higher number of simultaneous users, which makes it ideal for sectors like manufacturing and wholesaling that require powerful functionality to manage their operations.

QuickBooks Online

While the desktop version of QuickBooks is only accessible from your office computer, QuickBooks Online is a cloud-based option that gives you the freedom to connect remotely from anywhere with an internet connection. This means you can manage your business finances on the go — whether you’re checking in on the train or working from the airport.

Overview of NetSuite

netsuite product dashboard with graphs and charts displayed

Image credit: NetSuite

NetSuite, developed by Oracle, is enterprise resource planning (ERP) software that serves as a comprehensive solution. With robust, customizable features, it goes beyond basic bookkeeping to offer advanced functionality in: 

  • Accounting.
  • Supply chain management.
  • Customer relationship management (CRM).
  • E-commerce. 

The platform automates a wide range of financial planning and operational processes, which makes it a suitable all-in-one solution for mid-to-large-sized companies. 

Overall, NetSuite simplifies complex workflows and provides an integrated platform that supports the needs of larger organizations. Its ability to automate work processes is a key advantage for businesses aiming to enhance efficiency and scalability.

QuickBooks vs. NetSuite: Feature comparison

The main difference between NetSuite and QuickBooks is the business size each software serves best. QuickBooks is focused on core accounting tasks, which makes it ideal for small and medium-sized businesses.

That said, the powerful ecosystem of apps that QuickBooks offers on apps.com does support larger businesses by extending the power of QuickBooks to compare to an ERP like NetSuite. 

NetSuite offers the same core accounting functions as QuickBooks in addition to a wider range of workflow options.

Now, let’s look deeper into the capabilities of each tool.

Accounting and financial management

Both NetSuite and QuickBooks offer quality accounting capabilities. NetSuite provides broader financial management options with a 360-degree look at customer data, while QuickBooks offers all primary accounting functions without the bloat of an ERP.

Customer relationship management (CRM)

NetSuite provides its own integrated CRM platform to help you manage your: 

  • Customer relationships.
  • Sales pipeline.
  • Operations. 

QuickBooks does not offer its own CRM platform. However, it does let users integrate with third-party CRM software to automate their customer workflows.

Enter Method CRM.

Method is the #1 CRM for growing businesses that use QuickBooks Online and Desktop. Thanks to its real-time, two-way QuickBooks sync, Method builds upon the strong foundation that QuickBooks offers businesses when they first start out. 

It extends the power of QuickBooks by automating your entire lead-to-cash cycle. Whether that’s by instantly turning your website visitors into leads or obtaining customer approval on a quote with an e-signature, Method lets you grow your business, not your stress.  
To start building your business, instead of just running it, start your free trial of Method.

Enterprise resource planning (ERP)

While the standard QuickBooks platform has limited ERP capabilities, QuickBooks Enterprise offers a flexible solution that:

  • Tracks payments, inventory, and payroll.
  • Includes e-commerce solutions.
  • Improves your bottom line. 

NetSuite offers these same capabilities, but can account for a higher transaction volume and scalability for larger operations. It ensures everything from supply chains to warehouse management runs seamlessly.

Advantages and disadvantages of QuickBooks vs. NetSuite

Let’s dive into the pros and cons of NetSuite vs. QuickBooks so you can decide which best fits your business needs.

QuickBooks Enterprise

Dashboard of QuickBooks Enterprise

Image credit: Intuit QuickBooks

Primary benefits

  • Advanced inventory management features compared to QuickBooks Online.
  • Comprehensive reports on financial statements and business performance.
  • Similar features to ERPs.

Limitations

  • Requires an annual subscription unless purchasing the most expensive Diamond Cloud plan.

Pricing

  • Desktop version starts at $1,830 yearly.
  • Cloud version starts at $2,472 yearly.

QuickBooks Online

QuickBooks Online dashboard

Image credit: QuickBooks 

Primary benefits

  • User-friendly and intuitive interface makes it easy to use.
  • Low user fee makes it extremely affordable.
  • Comprehensive integrations with third-party apps to enhance functionality.
  • Effective cash flow management with built-in tools and reports.

Limitations

  • One to five billable users.
  • Limited advanced features and inventory management capabilities.
  • Not scalable for larger operations or rapid growth.

Pricing

QuickBooks Online Advanced

Image credit: QuickBooks

Primary benefits

  • An affordable option for business process automation.
  • Comprehensive project management and time tracking features.
  • Custom quotes for personalized billing.
  • Up to 25billable users.
  • Workflow automation like instant reminders, customer payment notifications, and batch invoicing.

Limitations

  • The price is higher than QuickBooks Online because of the extra functionality.
  • May not fully support the analysis of financial statements for larger entities.

Pricing

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NetSuite

Primary benefits

  • Comprehensive business solution with advanced features.
  • Scalable for large companies with complex systems.
  • All-in-one platform that includes CRM, ERP, and e-commerce capabilities.

Limitations

  • Does not offer a fixed pricing plan.
  • Complex interface and setup that involves input from experts for proper implementation.
  • Paying for the huge variety of capabilities is a detriment if you don’t use them.

Pricing

  • Cost is dependent on your selected configurations and unique business requirements.

NetSuite vs. QuickBooks: Which is right for you?

Choosing an accounting platform is a big decision. After all, it’s important to find software that scales with you as your business grows while you stay focused on value-added tasks. 

Plus, it can be costly and time-consuming to migrate data between platforms that don’t properly address your workflows. So, it’s important to select the right business system from the beginning.

Deciding factors to consider

Consider the following questions when deciding whether to choose NetSuite vs. QuickBooks:

What is the size and scale of your business?

QuickBooks is suitable for growing businesses, while NetSuite is designed for more established, large-scale global operations.

However, don’t forget that the extensive apps.com ecosystem extends the power of QuickBooks to support larger businesses as they scale. 

Which software cost would fit the budget for your monthly expenses?

QuickBooks is affordable and budget-friendly, while NetSuite has no fixed price. In many cases, this means that the sky is the limit when it comes to total investment, so be wary!

Does your business need to address complex workflows that require advanced solutions?

Most small-to-mid-sized businesses don’t require complex workflows or can address minor issues with an integrated app, which makes QuickBooks the ideal solution. For larger companies with sizable operations, pairing QuickBooks with Method for advanced, customizable workflow automation is an excellent choice.

How much time do you want to spend training your staff (or yourself) on learning to use the platform?

Businesses that do not want to spend a lot of time onboarding staff benefit from the user-friendly and intuitive interface offered by QuickBooks. There are also plenty of tutorials on how to use QuickBooks, as well as ProAdvisors to help you.

When to use each

QuickBooks is the best solution if you are self-employed or a small-to-midsize business with standard accounting needs. At its affordable price point and ability to scale with third-party apps, it’s a well-rounded tool that serves your needs. Because it’s easy to learn and jump into, you can quickly use its features without spending a lot of time on training.

If you’re a larger business with complex workflows in manufacturing, wholesaling, or distribution, then Method is a great tool to enhance your QuickBooks account and leverage similar features to NetSuite.

If you currently use QuickBooks but are considering NetSuite, first explore what apps like Method can do to add the functionality you need.

NetSuite is your best fit if you have sizable operations on a global scale that you need to keep track of. It requires professionals to implement, so make sure to consider that when budgeting and planning.

Recap: Choosing between NetSuite vs. QuickBooks

When it comes to choosing between NetSuite vs. QuickBooks, consider your: 

  • Business size. 
  • Workflow requirements. 
  • Growth plans.

While both solutions are reputable, they cater to different needs.

Consider those of your business to make an informed decision based on which platform will help drive your business to success.

Method gives QuickBooks users ERP-level functionality.

For larger enterprises seeking advanced ERP-like functionalities beyond standard accounting software, Method offers an integrated solution for QuickBooks that takes the software to the next level.  

It bridges the gap between basic accounting functions and the complex needs of larger organizations.

Key features include:

  • Seamless integration with QuickBooks to ensure data consistency.
  • Advanced functionalities and customizable dashboards.
  • High level of customization to tailor the platform to your business processes.
  • Compatibility with third-party applications.
  • Powerful reporting capabilities for real-time business insights.

Add Method product shot from WP

NetSuite vs. QuickBooks Enterprise FAQs

Is NetSuite better than QuickBooks?

Choosing between NetSuite and QuickBooks depends on your business’ size and needs. 

NetSuite is ideal for mid-to-large-sized companies that require comprehensive ERP, CRM, and e-commerce features for global operations. 

QuickBooks Enterprise suits small-to-medium-sized businesses that need advanced inventory and reporting, but not a full ERP suite. 

Is QuickBooks Enterprise an ERP system

QuickBooks Enterprise offers ERP-like features, including advanced inventory and pricing controls, that are tailored for small to-medium-sized businesses. 

While it includes several functionalities of an ERP system, it primarily focuses on accounting and does not cover the extensive range of features found in full ERP solutions like NetSuite. 

Enterprise is a good fit for businesses that want advanced accounting tools without the need for a comprehensive ERP platform.

See how Method extends your potential with QuickBooks.

Image credit: Tima Miroshnichenko via Pexels.

A technician in safety gear working on a piece of equipment with a screwdriver.

Field service management software meets QuickBooks: A comprehensive guide

Field Services, QuickBooks / By

Finding a field service management software QuickBooks works well with can be tricky. Read this blog to learn what you should look out for!

Field service management software meets QuickBooks: A comprehensive guide Read More »

The fusion of QuickBooks with field service management is a game-changer for businesses of all sizes, but it isn’t always a straightforward process. With so many possibilities, how do you know the right platforms to integrate?

This blog goes deep into the nuances of a field service management software QuickBooks integration, revealing its power to automate, centralize, and enhance your business processes. 

Let’s get started!

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What is field service management software?

Field service management software is a premier solution that streamlines work order tracking and scheduling. It lets service businesses, from HVAC contractors to enterprise companies, optimize their field service operations. 

This software ensures accurate and timely service documentation by providing a system that:

  • Coordinates activities between field technicians and office staff. 
  • Facilitates seamless job dispatching.
  • Captures customer information for future reference.

Whether you use an Android, iPhone, or desktop web portal, you have the ability to access, monitor, and update job statuses in real time. The benefit of this anywhere, anytime access? An enhanced experience for technicians and customers.

The power of QuickBooks in field service management

Integrating QuickBooks with the impactful features of a field service management software makes you a powerhouse among your competitors.

A field service management software QuickBooks integration speeds up invoicing and payment collection. It also provides a centralized platform for streamlined communication between your office staff and each field technician. 

With the ability to sync data between field service and accounting systems, you can manage your inventory, payroll, and reporting in one place. 

The benefits of QuickBooks for field service management

With the right add-ons, QuickBooks becomes more than just your run-of-the-mill accounting software. There are several benefits when integrating with field service management software:

  • Automate your invoicing: Generate invoices directly from work orders or estimates for timely and accurate billing.
  • Real-time updates: Track and update job progress, payments, and customer interactions seamlessly.
  • Efficient scheduling: Coordinate activities between field technicians and office staff to facilitate seamless job dispatching.
  • Financial integration: Sync your field service data with QuickBooks to make accounting and payroll more efficient. For example, account reconciliation becomes much easier.
  • Detailed reporting: Software integrated with QuickBooks analyzes performance metrics for improved productivity and generates comprehensive reports on service operations.
  • Centralized communication: With chat and support desk tools, you can address questions and provide help to ensure a smooth experience for your clients.

The field service management software QuickBooks combination will optimize processes, control costs, and improve your service delivery.

Diving deep into QuickBooks Online

QuickBooks Online is a game-changer for businesses and employees seeking to simplify their accounting and financial processes. Here’s why.

Overview of QuickBooks Online

Image credit: QuickBooks

QuickBooks Online is a cloud-based accounting solution designed by Intuit. It caters to every accounting need you’ll likely have. With its mobile app for Android and iOS, you can manage your finances on the go from any phone or tablet. Whether you’re looking to simplify estimating and invoicing, record detailed financial information, or monitor real-time cash flow, QuickBooks Online has got you covered.

Examining features and functionality

QuickBooks Online offers countless features and functionality that make your life easier, such as:

  • 360-degree visibility: QuickBooks Online keeps your financial information organized and accessible in a centralized dashboard. The benefit? You can assess business performance from one place.
  • Custom quotes and invoicing: Say goodbye to convoluted billing processes. QuickBooks Online strengthens your quote-to-cash cycle to ensure accuracy and timeliness.
  • Real-time monitoring: Keep an eye on business activities and cash flow, updating your finances as jobs progress.
  • Scheduling and time tracking: QuickBooks Time helps you coordinate activities between field technicians and office staff, making job dispatching seamless.
  • Detailed reporting: QuickBooks Online analyzes performance metrics, generating comprehensive reports that drive productivity.

Assessing integration with other systems

Integration is a vital part of any software, and QuickBooks Online shines here. QuickBooks users can integrate seamlessly with popular systems, such as manufacturing software, email marketing apps, and Google Maps for location tracking. 

This synchronization ensures data flows smoothly between your field service and accounting systems. As a result, QuickBooks integration optimizes resource allocation for field service tasks and improves overall operational efficiency in field service management.

Reviewing pricing plans and options

QuickBooks Online offers a range of subscription plans tailored to different organizational needs. Whether you’re a self-employed individual or a growing enterprise, there’s a plan for you. 

Each comes with unique features and tools, ensuring you get the best value for your investment. For a detailed feature list and product demo, you can explore their official website or consult articles in their knowledge base.

Support services available

Intuit understands the importance of offering support. With QuickBooks Online, you gain access to several support services, including the:

  • Knowledge base: Dive into help articles that answer common questions and provide detailed insights about the product.
  • Ticket system: Facing an issue? Raise a ticket, and their team will address it promptly.
  • Setup and maintenance: Get assistance with the initial setup and any subsequent maintenance needs.

With QuickBooks Online, you get a comprehensive solution that grows with your organization.

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The magic of QuickBooks integration with field service management software

QuickBooks syncs with Method

Marrying QuickBooks with robust field service management software creates a harmonious business system that automates most of your admin work. From real-time job updates to faster invoicing, a field service management software QuickBooks integration promises heightened efficiency and an elevated customer experience.

Below are just a few of the benefits.

Unveiling the advantages of QuickBooks integration

  • Effortless invoicing: Automatically generate an accurate invoice for every job without manual intervention.
  • Centralized operations: From capturing customer details to recording intricate service interactions, you create an all-in-one system that houses everything under one roof.
  • Real-time insights: You can integrate with software that monitors field service activities in real-time from various devices, ensuring you’re always in the loop.
  • Seamless coordination: The right QuickBooks integration assigns tasks and jobs to the appropriate technicians for perfect team synchronization.
  • Improved customer experience: Integrating QuickBooks with other tools enhances customer satisfaction through efficient service delivery.
  • Accurate estimates: QuickBooks integration equips your team with a system that provides accurate cost estimation for projects to build trust and transparency.

How does QuickBooks integrate with field service management software?

QuickBooks integrates with hundreds of third-party software products, and field service management is one of the most popular choices. The beauty of this integration lies in:

  • Synchronization: Data between your field service software and QuickBooks synchronizes in real time, eliminating double data entry and ensuring financials are always up to date.
  • Job management: As technicians update job statuses from their devices, QB reflects these changes instantly, keeping everyone informed.
  • Automated financial processes: From invoicing to payments, you can automate nearly every business process to reduce errors and save time.
  • Seamless communication: A unified platform bridges the gap between office staff and field technicians, ensuring smooth job dispatching and scheduling.
  • Detailed reporting: More business means you need more comprehensive reporting to offer insights to improve processes as you scale.

The right field service management software QuickBooks integration is a transformative tool that ensures you:

  • Deliver top-notch services.
  • Maintain impeccable financial records.

The perfect pair — Method:Field Services and QuickBooks

Method:Field Services is the #1 field service management software for QuickBooks users. Its seamless two-way sync with your accounting software means you’ll never have to worry about double data entry.

Everything you enter into Method instantly reflects in QuickBooks, and vice versa. As a result, your team always has access to up-to-date information.

With Method:Field Services, you can:

  • Simplify job creation, scheduling, and dispatching.
  • Track jobs anywhere, any time with a mobile cloud field service app.
  • Create estimates, work orders, and invoices at the click of a button.
  • Personalize customer service to drive retention.

The best part is that you can try it out for free to see how it helps your specific business needs. No credit card or contact required!

Key takeaways

A field service management software QuickBooks integration gives your customers a better experience, simplifies your operations, and improves financial processes. 

The integration also: 

  • Automates routine tasks.
  • Helps you estimate costs accurately.
  • Enhances reporting and generates actionable insights.
  • Updates job statuses and progress in real-time.
  • Strengthens internal communication.

When you use any field service management software that integrates with QuickBooks for seamless financial management, you improve efficiency and productivity.

Field service management software QuickBooks FAQs

How can QuickBooks improve field service management?

When integrated with field service management software, QuickBooks becomes a powerhouse for businesses of all sizes. It: 

  • Automates your invoicing process.
  • Simplifies work order tracking.
  • Schedules tasks efficiently. 
  • Assigns jobs to the right technicians.
  • Coordinates activities between your field crew and office staff.

As a result of integrating with QuickBooks, you improve operational efficiency and enhance customer satisfaction.

What other systems can QuickBooks integrate with?

While field service management software QuickBooks integrations are some of the most powerful, the accounting software integrates with many other systems. This ensures a centralized platform for communication and streamlined data flow. 

For example, you can integrate with Method CRM. This tool captures and records detailed service information and customer interactions. Your best option is to develop an all-in-one business system as it synchronizes data between field service and accounting systems, ensuring complete control and visibility.

Are there any downsides to integrating QuickBooks with field service management software?

Field service management software QuickBooks integration offers numerous benefits, but like any system, there are also challenges.

Some people face a learning curve when adapting to the integrated system. Additionally, ensuring both systems are always compatible with updates and changes requires attention. 

That said, integrating this software automates invoicing and billing processes and enables efficient field service management. For most, these advantages outweigh the challenges.

QuickBooks and Method:Field Services are a match made in heaven. See for yourself.

Image credit: pressmaster via Adobe Stock

Warehouse workers with digital tablet

Best manufacturing inventory management software: Top picks for 2025 and beyond

Manufacturing / By

Struggling to decide which manufacturing inventory management software best suits your business? In this blog post, we discuss the key features and limitations of the top solutions.

Best manufacturing inventory management software: Top picks for 2025 and beyond Read More »

Whether you’re a large or small manufacturer, having the right stock is crucial. Manufacturing inventory management software makes this much easier for you with real-time tracking and forecasting tools.

Keep reading for the best manufacturing inventory management software on the market, including each software’s:

  • Key features.
  • Limitations.
  • Pricing. 

Let’s get started!

What does inventory management software do?

Manufacturing inventory management software keeps track of your stock and inventory. It automates repetitive tasks like:

  • Ordering.
  • Receiving.
  • Stocking items.

As a result, it reduces the human errors that lead to expensive mistakes and delays. 

Manufacturing inventory software allows you to view what you have in stock to: 

  • Avoid overstocking and excessive backlogs. 
  • Reduce the major stockouts that lead to late shipments to customers.

Manufacturing inventory software also simplifies material sourcing by tracking purchasing trends and identifying ways to improve efficiency. This makes it easy to ensure you have your materials ready without spending money on unused stockpiles. 

Overall, the best manufacturing inventory management software optimizes your supply chain and keeps you competitive. 

Types of inventory management software

There are many types of manufacturing inventory management software, including:

  • Cloud-based systems: This manufacturing inventory software is accessible from any device with an internet connection. It offers real-time updates and data backup.
  • Radio frequency identification (RFID) systems: Uses radio waves to track inventory.
  • Barcode scanning systems: Uses barcodes to manage and track inventory items.
  • Perpetual software: This system updates inventory levels in real time as sales and purchases happen.
  • Periodic software: Updates inventory levels at specific intervals, such as weekly or monthly.
  • Point of sale (POS) systems: Integrates sales with inventory management, updating stock as your business makes sales.

Main features of manufacturing inventory software

Manufacturing inventory management software optimizes the manufacturing process. Here are some of its main features. 

Warehouse management

The best manufacturing inventory management software helps you organize and manage products in a warehouse. It aids in:

  • Optimizing space. 
  • Retrieving products easily. 
  • Storing products under the right conditions. 

Batch tracking

Batch tracking lets you track a group of products made together to ensure quality control. For example, manufacturing inventory software with this feature checks the entire batch to see if you have a defective product. 

SKU management

Stock Keeping Unit (SKU) management tracks individual items or group items. It’s essential for keeping track of product variations like size, color, and other attributes.

Shipment and tracking

This feature ensures you ship the right products at the right time. It helps you and your customers know the status of your orders through real-time tracking of shipments. 

Order fulfillment

Order fulfillment is a critical part of your supply chain. It ensures that customers receive their products promptly. Order fulfillment covers everything from receiving an order to processing and shipping it to the customer. 

How to choose the best inventory management software for your business

Choosing the best inventory management software is crucial for smooth operations. Here are some things to prioritize:

  1. List down your specific requirements to narrow down your choices. Do you need batch tracking? Or software with powerful real-time analytics?
  2.  Ensure the software integrates seamlessly with your existing systems. This way, you reduce manual data entry. 
  3. Your budget. Compare features against price points. Test the software using a demo or trial period before making your choice. 
  4. Ease of use. The best manufacturing inventory management software is intuitive to reduce training and implementation timeframes. 

Best small business inventory management software solutions

1. SOS Inventory

Product shot of a SOS Inventory dashboard

Image credit: Intuitive Accountant

SOS Inventory is another top system that simplifies operations for businesses of all sizes.

Key features

  • Build assemblies from component items and track multiple work-in-progress (WIP) stages. 
  • Organize items by serial number and manage cost history for each specific item.
  • Integrates with major e-commerce shopping carts and shipping vendors such as Shopify and ShipStation. 
  • Full support for multiple locations for your inventory needs. 

Limitations

  • Some users found the user interface less intuitive than other inventory management systems.
  • Lacks advanced features and customization options for complex business needs. 

Pricing

SOS Inventory offers the following pricing options:

  • Companion: $59.95 per month. 
  • Plus: $119.95 per month. 
  • Pro: $169 per month 

2. Ordoro

Shipments dashboard of Ordoro

Image credit: Software Path

A centralized hub for all your e-commerce needs, Ordoro excels in optimizing shipping, inventory, and everything in between.

Key features

  • Advanced business rules, including printing shipping labels in bulk and automating tags. 
  • Gather all orders in one dashboard and ship them out with a click. 
  • Barcode scanning and order verification for shipping accuracy. 

Limitations

  • Inventory features are unavailable on the introductory plan. 
  • Doesn’t include demand forecasting. 
  • Lacks enterprise-level resources for larger companies. 

Pricing

Ordoro offers the following pricing plans: 

  • Essentials: Free.
  • Advanced: $59 per month. 
  • Premium: $149 per month. 

3. Zoho Inventory

Zoho Inventory dashboard

Image credit: Zoho

Zoho Inventory provides businesses with intuitive inventory and order management solutions. It integrates effortlessly with multiple online sales channels.

Key features

  • Item groups and product bundles to sort and manage your production line. 
  • Accurate stock tracking with barcode and RFID system. 
  • Warehouse management, including warehouse-specific reports. 

Limitations

  • Some users feel that it lacks customization options. 
  • Difficult to locate items when an order has multiple packages. 
  • Reports are basic. 

Pricing

Here are the subscription plans available from Zoho Inventory:

  • Free: $0.
  • Standard: $79 per month. 
  • Professional: $129 per month. 
  • Premium: $199 per month. 
  • Elite: $299 per month. 
  • Ultimate: $399 per month. 

4. UpKeep

UpKeep - Analytics Dashboard

Image credit: UpKeep

UpKeep specializes in maintenance management. It helps businesses track assets, inventory, and work orders.

Key features

  • Work order management to prioritize and boost your asset’s ROI.
  • Simplify your purchasing and parts consumption with mobile-friendly inventory management.
  • Quickly generate a maintenance report to check completion rates, inventory levels, and more. 

Limitations

  • Users report a poor interface and difficulty using the software.
  • The permissions management feature needs work. 
  • Lacks features such as reporting in the free version. 

Pricing

UpKeep offers the following pricing options:

  • Starter: $45 per month. 
  • Professional: $75 per month. 
  • Business Plus: Contact UpKeep to request this pricing information. 

5. Odoo

Odoo inventory dashboard

Image credit: Explore WMS

A robust open-source platform, Odoo offers a comprehensive suite of business applications, including a dynamic inventory management module.

Key features

  • Efficient traceability with a double-entry inventory system.  
  • Real-time communication, including display worksheets and alerts for workers.
  • Advanced automation features, including drop-shipping and cross-docking, to manage warehouses.

Limitations

  • Users report performance issues when dealing with large volumes of data or when using multiple integrated modules.
  • Steep learning curve, especially for those unfamiliar with enterprise resource planning (ERP) systems. 
  • The extensive and complex range of features leads to longer setup times. 

Pricing

The following pricing plans are available from Odoo. 

  • One app free: Free.
  • Standard:$31.10 per user per month. 
  • Custom: $46.80 per user per month. 

Bonus: Another must-have tool for manufacturers

Manufacturing inventory software is an important part of your tech stack, but it can’t be the only tool you use to power your operations. 

So, say hello to Method — the #1 lead to cash automation tool for manufacturers that use QuickBooks and Xero. 

Method saves you from juggling multiple tools and tedious tasks. Here’s how:

  • Seamlessly integrates with QuickBooks and Xero for real time accuracy.
  • Workflow automation for repetitive tasks like updating records. 
  • In-depth reports and dashboards for insights on key metrics.

In the video below, check out how an integration with Method helped double this shipping container company’s revenue in just three years.

See why manufacturers love using Method.

Image credit: Lightfield Studios via Adobe Stock

A man peering through a shelf full of boxes.

What to look for in a manufacturing inventory management system

Manufacturing / By

Manufacturing inventory management isn’t easy, but it’s necessary for sustainable success and growth. Check out this blog for everything you need to know.

What to look for in a manufacturing inventory management system Read More »

Manufacturers know that inventory management is a massive part of the job. And as your business grows, controlling inventory only gets harder.

Thankfully, a robust manufacturing inventory management system simplifies your operations and scales with your business.

This blog looks into everything you need to know about manufacturing inventory management, including the:

  • Different types of inventory.
  • Benefits and challenges of inventory management.
  • Top seven manufacturing inventory management software.

Let’s jump in!

What is manufacturing inventory management?

Manufacturing inventory management is the process of sourcing, storing, and selling inventory in the manufacturing sector.  

It encompasses everything from tracking raw materials to monitoring finished products, ensuring a smooth process that meets customer demands. 

With a manufacturing inventory management system, you:

  • Speed up your inventory processes.
  • Reduce waste.
  • Increase profitability.

The difference between inventory and stock

Although people use the two terms interchangeably, inventory and stock have distinct meanings. 

Inventory refers to your items on hand, including raw materials. Conversely, stock pertains only to finished products ready for sale. 

Types of inventory

Understanding each inventory type is crucial to your manufacturing inventory management.

Raw materials

Raw materials are the unprocessed items you turn into finished goods. Effective inventory management for a small manufacturing business starts with keeping an accurate count of these essential components.

Work-in-progress (WIP)

As products move through the production line, they become works in progress. This inventory type represents items that are becoming finished products but haven’t gotten all the way there yet. To prevent bottlenecks, a robust manufacturing inventory tracking system ensures that WIP items stay organized and continue their path to completion.

Finished goods

At the final stage of your manufacturing process, products become finished goods, ready for sale or distribution. Proper inventory management ensures you’re storing, tracking, and dispatching items effectively to maximize profits and customer satisfaction.

Non-inventory items

Not all items in a manufacturing environment are meant for sale. Non-inventory items, such as maintenance tools or office supplies, play a supporting role. While they don’t directly contribute to production, tracking these items leads to smoother operations and improved organization.

Goods in transit

In the manufacturing industry, goods constantly move between locations. Whether it’s raw materials coming in or finished products going out, goods in transit are any inventory items on the move. Effective inventory management systems ensure you’re monitoring these items, enabling timely deliveries and reducing your risk of loss.

Inventory management challenges for manufacturing businesses

Inventory management comes with its fair share of challenges. Acknowledging these barriers before implementing software is crucial. Below are a few to have on your radar.

  • Demand forecasting: Accurately predicting future demand is tough, and errors lead to overstock or stockouts, both of which have negative financial implications.
  • Shrinkage: Inventory loss due to theft, damage, or mismanagement is detrimental to your cash flow.
  • Complex supply chains: Managing multiple suppliers, especially in a global context, creates tracking and quality control issues.
  • Quality control: Ensuring that the raw materials and finished products meet quality standards consistently is a persistent challenge.
  • Inventory valuation: Deciding on the best method (e.g., FIFO, LIFO) for inventory valuation can impact financial reporting and tax obligations.
  • Human error: Manual processes or data entry can introduce errors, leading to inventory discrepancies.
  • Regulatory compliance: Especially in industries like pharmaceuticals or food and beverage, adhering to regulations in inventory management is crucial and challenging.

What to look for in a manufacturing inventory management system

For any manufacturing business, finding an inventory management solution that’s cost-effective yet comprehensive is essential. Your manufacturing inventory management system should offer: 

  • Real-time tracking.
  • Intuitive reporting.
  • Scalability to adapt to evolving needs. 

Inventory management for small manufacturing business: Top 7 options

Here are your top seven software choices to help with your manufacturing inventory management.

1. SOS Inventory

Product shot of a SOS Inventory dashboard

Image credit: Insightful Accountant 

SOS Inventory is a comprehensive inventory management solution that integrates with QuickBooks Online. It’s well-suited for small to medium-sized businesses looking to get a handle on inventory control and order management.

Key features

  • Central dashboard with real-time inventory tracking.
  • Multi-location and serialized inventory.
  • Order management and fulfillment.

Limitations

  • Limited customization for unique workflows.
  • Only integrates with QuickBooks Online versions.

Pricing

SOS Inventory offers the following three pricing plans:

  • Companion: $59.95 per month with two users included. 
  • Plus: $119.95 per month with three users included.
  • Pro: $169.95 per month with five users included. 

You can buy additional users for these plans at $20 each monthly. SOS Inventory also offers an annual discount and a 14-day free trial.

2. Fishbowl

Fishbowl product dashboard

Image credit: Fishbowl

Fishbowl is a powerful manufacturing inventory management software that integrates well with QuickBooks. Its advanced tracking and forecasting give you a leg up on the competition.

Key features

  • Barcode scanning on your phone or tablet using the Fishbowl Go for iOS mobile app.
  • Inventory management across multiple warehouses with parts tracking, auto reorder points, automatic order creation, and more.
  • Optimized work order management.
  • Inventory requirement predictions based on sales trends.

Limitations

  • Limited reporting capabilities. 
  • Slow customer support.

Pricing

Fishbowl software starts at $4,395, which grants you permanent access with unlimited users. They also offer a free demo. 

You can request a demo or quote through Fishbowl’s website for exact pricing information.

3. NetSuite

Image credit: NetSuite

NetSuite is a cloud-based ERP for manufacturing designed to help you coordinate, control, and manage all your manufacturing operations.

Key features

  • Intelligent order management tool with reporting and analytics.
  • Procurement and job shop floor control.
  • Advanced lead tracking capabilities.
  • Marketing, sales, and customer service features.

Limitations

  • Costly for small businesses.
  • Challenging third-party integrations.
  • Limited reports.
  • Complex and has a steep learning curve.
  • Help resources need to be more consistent and complete.

Pricing

Your total cost depends on three main factors: The core platform, optional modules, and the number of users on your account. Base NetSuite pricing starts at $99 monthly per user on top of a $999 monthly licensing fee.

Note, this is a premium manufacturing inventory tracking system most small and mid-sized businesses can’t afford.

4. Katana Cloud Manufacturing

A screenshot of a Katana MRP dashboard.

Image credit: Katana MRP

Katana MRP is a manufacturing ERP that helps with end-to-end manufacturing processes. It simultaneously supports made-to-order (MTO) and made-to-stock (MTS) workflows.

Key features

  • Live inventory management.
  • Purchase order management.
  • Integrations with Zapier and an open API.

Limitations

  • Complex workflows require clunky workarounds.
  • Lacks essential features like calendars and Gantt charts.

Pricing

Katana MRP offers three subscription options:

  • Essential: $99 per month when billed annually.
  • Advanced: $299 per month when billed annually.
  • Professional: $799 per month when billed annually.

Katana also offers a free 14-day trial.

5. Deskera MRP

Product shot of a Deskera MRP dashboard.

Image credit: Deskera

Deskera MRP aims to optimize your manufacturing process while reducing costs. It’s popular for its comprehensive feature set and integrations with popular accounting, CRM, and HR systems.

Key features

  • Work order management and WIP tracking.
  • Demand forecasting and material requirement planning.
  • Multi-level bill of materials.
  • By-product and scrap management.
  • Machine management.

Limitations

  • Data exports are clunky and incomplete at times.
  • The platform needs to catch up on compliance requirements in some regions.
  • Customer service is slow, and help resources are limited.

Pricing

Deskera offers three pricing plans:

  • Growth: Starts at $1,000 per month annually for up to five users.
  • Mid Market: Starts at $2,000 per month annually for up to ten users.
  • Enterprise: Contact Deskera’s Sales team for a quote.

6. Striven

Image credit: Striven

Striven offers all-in-one solutions for all kinds of businesses, including those in the manufacturing industry.

Particularly helpful for small businesses, Striven simplifies your operations, from sending quotes to inventory control and management.

Key features

  • Customer, vendor, and career portals.
  • Project management with customer collaboration. 
  • Built-in accounting system. 
  • Lead tracking and management.
  • Instant reporting. 

Limitations

  • Limited integrations (i.e., does not integrate with QuickBooks). 
  • Performance issues and occasional crashes.
  • Complex due to many bells and whistles.

Pricing

Striven has three pricing plans:

  • $20 per user per month for up to 20 users, with $99 monthly hosting.
  • $15 per user per month for up to 50 users, with $299 monthly hosting.
  • $10 per user per month for unlimited users, with $499 monthly hosting.

7. Aquilon ERP

Screenshot of an Aquilon ERP dashboard.

Image credit: Capterra

Aquilon is an all-in-one ERP system with a broad user base. It offers financial, distribution, manufacturing, supply chain, and CRM functions.

Key features

  • Centralized dashboard with 360-degree visibility.
  • Audit trails and drill-down analytics.
  • Role-based permissions for better security.
  • Document sharing and storage.

Limitations

  • Reporting options are limited without customization.
  • Missing some popular features, like a real-time general ledger.
  • Payroll is lacking, with no ability to generate T4s.
  • Steep learning curve.

Pricing

Aquilon’s pricing starts at $120 per month. For a more accurate quote, you can contact their Sales team.

Strengthen your manufacturing inventory management with Method

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  • Tracking customers’ transactions and interactions.
  • Invoicing and estimates.
  • Payment collection.
  • Customer support.
  • Follow-ups and reminder emails.

With advanced process automation and its two-way sync with your accounting software, Method refines your quote-to-cash cycle and strengthens your bottom line.

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7 best practices for warehousing and inventory management

Manufacturing, Wholesale & Distribution / By

Explore the top strategies in warehousing and inventory management to enhance efficiency in your manufacturing, wholesale, and distribution business.

7 best practices for warehousing and inventory management Read More »

There’s no doubt that warehousing and inventory management holds your manufacturing operations together. Keep reading for seven ways to: 

  • Simplify your warehousing process.
  • Gain control of your inventory systems. 
  • Get your business back on your side.

But first, let’s look at the purpose of warehouse and inventory management.

What is warehouse inventory management?

Warehouse and inventory management is more than just storing products. It ensures a seamless flow from production to your customer’s hands.

Effective warehousing and inventory management organizes the storage, movement, and record-keeping of products in a warehouse. It tracks goods from the moment they enter the warehouse until they’re dispatched to the appropriate distribution channels.

Warehousing and inventory management:

  • Ensures a clear record of every product, its location, and quantity.
  • Minimizes overstocking or stockouts.
  • Establishes consistent monitoring and evaluation protocols, including adjustments as market demands shift.

What do inventory management and warehouse management have in common?

Inventory and warehouse management are the backbone of successful manufacturing, wholesale, and distribution operations. 

Both focus on the efficient storage and movement of goods. Here’s what else warehouse and inventory management have in common:

  • Product tracking during storage, transit, or processing.
  • Storage optimization to safeguard product quality and access.
  • Demand forecasting through sales insights.
  • Waste management, whether it’s space, time, or resources.

However, inventory management zeroes in on product quantities, locations, and statuses. On the other hand, warehouse management dives into the operational aspects of the warehouse, such as:

  • Layout optimization.
  • Strategic labor management.
  • Equipment use and safety.

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Why warehouse inventory management matters

Warehouse inventory management is critical for several reasons:

  1. Customer satisfaction: Ensures products are available for quick dispatch to satisfy customer demand.
  1. Cost efficiency: Prevent the financial strain of excess inventory, misplacement costs, or losses from expired or compromised goods.
  1. Optimized space utilization: Well-managed inventory ensures that every square foot of the warehouse is effectively used, eliminating the need for unnecessary expansions or external storage solutions.
  1. Accurate data: Real-time inventory data helps you make informed decisions about product lines, purchasing, and sales promotions.
  1. Risk mitigation: Reduce potential hazards like theft, loss, or product obsolescence.

Understanding and effectively managing warehouse inventory is a crucial cog in the supply chain. It ensures you remain profitable, competitive, and responsive to your customers’ needs.

Best practices for warehousing and inventory management

Use the following strategies to optimize your operations and stand out in this increasingly competitive marketplace.

1. Do regular physical inventory checks

Periodic manual counts ensure that your system’s inventory matches the stock. This helps you:

  • Identify discrepancies.
  • Prevent stockouts.
  • Fix potential issues.

Physical checks are the best way to diagnose issues like theft or mislabeling.

2. Monitor product placement

Strategic product placement in the warehouse, based on demand and accessibility, speeds up the picking process. High-demand items should be easily accessible to reduce the time and effort needed to fulfill orders.

One way to speed up material gathering for the assembly line is to store components that are frequently used together adjacently.

3. Reevaluate stock levels

Regularly review your inventory levels to avoid overstocking or stockouts. Doing this optimizes storage space and ensures your capital isn’t tied up in excess stock. 

Take the example of a wholesaler of seasonal items, like winter apparel. The best time for them to review stock levels is in the summer to:

  • Avoid over-purchasing based on the previous year’s demand and forecasted growth.
  • Prevent missing potential sales opportunities.

4. Assess picking methods

Choosing the right picking method, whether wave, zone, or batch picking, is pivotal.

Your chosen method should align with your order profiles and warehouse layout for efficient order fulfillment.

For instance, a large distribution center might use zone picking for large orders, where each picker is assigned a specific area and only picks items in that zone.

5. Use cross-docking

Cross-docking in the distribution industry involves directly transferring products from inbound to outbound trucks with minimal storage in between. This practice:

  • Reduces storage needs.
  • Minimizes handling.
  • Speeds up delivery times.

Let’s assume you have an urgent production run in your manufacturing business. Once you receive the components for manufacturing, these are immediately sent to the assembly line. This is another way that cross-docking minimizes storage and handling times.

6. Work with a 3PL

Collaborating with a third-party logistics (3PL) provider strengthens your logistics as you access their specialized knowledge and infrastructure.

A wholesaler wanting to expand to new regional markets might partner with a 3PL familiar with that region’s distribution channels to avoid the challenges and costs of setting up a new distribution network.

3PL partnerships simplify warehouse and inventory management processes to let you focus on activities like sales and marketing.

7. Implement inventory management software

Inventory software has features that range from real-time tracking to predictive analytics. It automates, monitors, and optimizes your inventory tasks. The right solution offers:

  • Real-time visibility.
  • Forecasting tools.
  • Actionable insights.

Below is an example of inventory software’s impact on your business.

Let’s say you’re a product distributor using inventory software. You can use this tool to predict which products will likely be in demand based on historical data, market trends, and regional events. 

This insight helps you prepare, stock appropriately, and promptly meet your client’s needs.

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How to automate warehouse inventory management with Method

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Below is a quick peek into how Method helps you gain control and grow with confidence. 

Beyond warehousing and inventory management, Method’s lead-to-cash automation:

  1. Eliminates double data entry between your accounting system and other tools with its real-time, two-way sync with QuickBooks and Xero.
  2. Takes routine tasks off your plate so you can focus on value-added activities.

See how Method gives you control and time back.

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A man in a dimly lit warehouse looking at inventory on a shelf.

Warehouse inventory control: Top 3 processes you need to automate

Manufacturing, Wholesale & Distribution / By

Is your warehouse inventory control getting out of hand? Check out this blog for the top 3 inventory processes you need to automate.

Warehouse inventory control: Top 3 processes you need to automate Read More »

Did you know that 43% of small businesses don’t track inventory? What’s worse is that this statistic only gets scarier when you realize the pivotal role that inventory control plays in running a successful business. In this blog, you’ll discover:

  • What warehouse inventory control is and why it’s essential.
  • Best practices for inventory control in warehouse.
  • The top three inventory processes to automate.

Let’s get into it!

What is warehouse inventory management?

Warehouse inventory management is a critical aspect of supply chain management that focuses on monitoring, controlling, and managing items stored in a warehouse. 

It encompasses a range of activities, from tracking products as they enter and leave the warehouse to ensuring optimal storage conditions and space utilization. 

Effective warehouse inventory control is not just about counting stock. Instead, it ensures that the right products are available at the right time and in the right quantities. Proper warehouse inventory management: 

  • Minimizes costs.
  • Reduces wastage.
  • Ensures timely order fulfillment.

What is the difference between warehouse management and inventory management?

Warehouse management and inventory management in warehouse facilities, though closely related, serve distinct functions in your supply chain. The main difference between warehouse and inventory management is that warehouse management focuses on the oversight and optimization of your warehouse. It ensures that you: 

  • Track inventory levels properly.
  • Efficiently store your products.
  • Are ready to dispatch anything in-warehouse. 

On the other hand, inventory management encompasses a broader scope, dealing with: 

  • The overall strategy of maintaining stock levels.
  • Forecasting demand.
  • Determining when and how much to reorder. 

In a nutshell, warehouse management is about the operational aspects of handling and storing items. In contrast, inventory management in warehouse facilities is more about strategic planning and decision-making related to stock levels, ensuring that you meet customer demand without overstocking or understocking.

Why is warehouse inventory management important?

Effective warehouse inventory management is more than just keeping tabs on stock levels. It’s a strategic approach that can significantly impact a business’s bottom line. 

Here are the primary reasons to hone your inventory management in warehouse.

1. Improves order fulfillment

Keeping a keen eye on your warehouse inventory ensures you always have the right products when orders come in. As a result, you experience:

  • Fewer backorders.
  • Reduced delays.
  • A smoother fulfillment process.

2. Improves productivity

Efficient warehouse inventory control simplifies your operations and improves staff productivity.

With more organized stock and optimized storage solutions, your warehouse staff pick, pack, and ship items quicker. As a result, you reduce errors and increase efficiency.

3. Faster shipping

With a well-managed inventory system, you also expedite your shipping process. 

With organized, accessible inventory, you can process more orders in less time, speeding up your dispatch times and deliveries to your customers.

4. Cost savings

With poor warehouse inventory control, you’re either overstocked or understocked — and both are costly. Holding too much stock ties up capital and increases storage costs, while too little leads to missed sales opportunities and unhappy customers. 

Careful, well-planned inventory management in warehouse strikes the right balance, reducing your holding costs and minimizing the risk of stockouts.

5. Increased customer satisfaction

At the heart of inventory control is the end customer. Your customers are more likely to have a positive shopping experience when you fulfill their orders accurately and ship them out promptly.

Boosting your customer satisfaction leads to:

  • Increased customer retention.
  • More sales through word of mouth referrals.
  • A better reputation for your business.

Best practices for warehouse inventory control

By integrating the following best practices into your inventory management in warehouse, you’ll ensure a seamless flow of goods, reduce errors, and maximize profitability. 

Use demand forecasting

Anticipate future sales patterns and stock needs by incorporating demand forecasting into your inventory control strategy.

By analyzing historical sales data, market trends, and seasonality, you can make informed decisions about the demand for your product. This tells you how much inventory to hold at a given time, reducing your risk of overstocking or stockouts.

Monitor and improve continuously

Regularly reviewing and refining your processes ensures you stay ahead of potential issues. You can identify areas for improvement and implement changes proactively when you continuously:

  • Collect data to map out sales trends. 
  • Analyze performance metrics and adjust your inventory accordingly.
  • Seek feedback from customers and industry experts. 

Implement warehouse inventory control checks

Routine checks and audits are essential to maintain accurate inventory levels. By periodically verifying physical stock against your records, you’ll: 

Automate warehouse inventory systems

Experts estimate that the global warehouse automation market will surpass $30 billion by 2026, and there’s a good reason for the surge in popularity.

From barcode scanning to advanced software solutions, implementing automation into your warehouse inventory management: 

  • Reduces manual errors and improves accuracy.
  • Speeds up processes and increases efficiency. 
  • Provides real-time insights into your stock levels, improving scalability.
  • Frees you from the chaos of your day-to-day operations.

Warehouse inventory control processes you can automate

It’s clear that automation is the best way to improve your warehouse inventory control, but what areas exactly should you look at? Here’s a look at some processes ripe for automation.

Layout optimization

A well-organized warehouse is the foundation of efficient operations. Automated layout optimization tools suggest the best arrangement of goods for your warehouse based on an analysis of your:

  • Storage space.
  • Product turnover rates.
  • Retrieval patterns.

Optimizing the layout of your warehouse through automation improves everything around inventory control and warehouse management, from finding products easier to creating a more intuitive workflow for your team.

Inventory tracking

Gone are the days of manual stocktaking and tallying. Modern inventory control systems offer automated tracking solutions, from RFID (radio frequency identification) tags to barcode scanners. 

Automated inventory tracking tools provide real-time updates on your: 

  • Stock levels.
  • Product locations. 
  • Movement histories. 

These updates ensure your inventory management in warehouse is accurate and up-to-date at all times.

Reporting and optimizing

An aspect of warehouse inventory control that people often overlook is the importance of making data-driven decisions and evolving inventory processes over time. 

Automated reporting tools compile vast amounts of data, from sales trends to stock turnover rates, and present them in digestible formats. As a result, you can spot patterns and anticipate challenges to optimize your inventory control in warehouse.

How does a warehouse inventory system work?

A warehouse inventory system is a comprehensive tool designed to enhance warehouse inventory control and management. It ensures you efficiently store, track, and manage your goods.

At its core, a warehouse inventory system integrates the various processes associated with inventory management in warehouse. 

It begins with the receipt of goods, where it logs, labels, and assigns your items to specific locations. 

As products move through your warehouse, whether you’re relocating or dispatching them, your warehouse inventory system updates in real-time, ensuring accurate stock levels at all times. 

Additional features of a warehouse inventory system are that it:

  • Analyzes your sales data and forecasts customer demand.
  • Automates repetitive inventory tasks.
  • Suggests reorder points to prevent stockouts. 

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By leveraging Method’s intuitive, drag-and-drop interface, you can effortlessly process reorders from your customers and forecast demand for your products. 

Manufacturers, wholesalers, and distributors love Method because it:

  • Reduces manual data entry and minimizes errors.
  • Handles routine, monotonous tasks, improving employee morale.
  • Syncs your accounting data from QuickBooks or Xero in real-time.

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QuickBooks Online inventory management: Everything you need to know

Manufacturing, QuickBooks / By

Learn everything you need to know about the capabilities of QuickBooks Online inventory management.

QuickBooks Online inventory management: Everything you need to know Read More »

Managing inventory often feels like a juggling act, especially if you’re a small business. It requires continuous monitoring and strategizing to avoid pitfalls like overstocks and stockouts. 

Luckily, QuickBooks Online inventory management simplifies this complex process. 

In this blog, you’ll explore QuickBooks Online inventory management, diving into: 

  • What it is.
  • Its capabilities.
  • How to make it work for your business. 

You’ll also learn about its limitations and how to overcome them with integrations.

Let’s get started!

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See all the ways how

Does QuickBooks Online have inventory management?

A common question among business owners is, “Does QuickBooks Online have inventory management?” The answer is yes, QuickBooks Online offers inventory management tailored to small-to-medium businesses. It tracks your products and simplifies various inventory-related tasks.

Key features of QuickBooks Online inventory management include:

  • Automatic updates for inventory quantities upon sales and purchases.
  • Real-time insights into the value of your inventory.
  • Product and service tracking to monitor sales and shifting costs.

How to set up inventory management in QuickBooks Online

Step 1: Activate inventory tracking

Activating inventory tracking is the first step to effective QuickBooks Online inventory management. To do this: 

  1. Click on account settings by navigating to the gear icon in the upper-right corner. 
  2. Select “Account and settings” and click on “Sales” in the left-hand menu. 
  3. Check the box next to “Track quantity and price/rate” to activate inventory tracking. For items you need to track individually, turn on “Track inventory quantity on hand”.

With inventory tracking enabled, QuickBooks Online provides helpful information about stock levels via real-time insights. This helps you see what items need replenishment or if demand suddenly increases for a particular product.

QuickBooks also tracks costs associated with individual products and services, making it easier for you to identify which items are most profitable and adjust prices accordingly. This makes staying up to date with current stock levels easy.

Step 2: Add your inventory items

Once you activate inventory tracking, it’s time to add your inventory items: 

  1. Navigate to the gear icon and Click “Products and services” from the list of options. 
  2. Select the “New” button and enter details such as:
    1. Name.
    2. Description.
    3. Sales price.
    4. Cost.
    5. Quantity of items on hand. 
  3. You can also add the SKU (if applicable), preferred supplier, and purchasing information. 

Now, you can accurately track total costs and revenues associated with your products or services without manual work. Having an updated record of inventory items in QuickBooks lets you make informed financial decisions quickly, without spending time reconciling data.

Step 3: Monitor stock levels

Running out of supplies results in customer delays and loss of sales, so being proactive with your inventory is one of the best practices for inventory management. Low-stock alerts tell you when it’s time to restock, so you stay ahead of customer orders and avoid potential shortages.

To set up the low-stock alert function, choose a minimum quantity for each item in your inventory list and save your settings. Whenever an item falls below this minimum threshold, QuickBooks will send you an alert via email, or a push notification directly in the app. 

It also helps you identify when you have overstocked, as this causes dangers such as money tied up in unused goods and an increase in storage space you need.

Step 4: Restock items

When you set the alert in Step 4 of your QuickBooks Online inventory management process, QuickBooks notifies you when it’s time to restock. It helps take the guesswork out of hard-to-predict inventory needs.

Restocking is also fast and simple with QuickBooks — you can order directly through the platform to keep all your records in one place.

After you receive orders from your suppliers, you can adjust your quantity on hand in QuickBooks. This keeps your total inventory value accurate.

All this improves your expense tracking capabilities as it informs your decisions around short-term budget considerations and long-term profitability strategies.

Step 5: Generate inventory reports

Whether you’re a small business or a large retailer, reports are essential in monitoring the status of your inventory. They present important information, such as:

  • Your best sellers.
  • Products on hand.
  • Cost of goods.

With this easy-to-access information, you save time analyzing trends. Plus, you gain insights into which products are selling well and any areas for improvement.

Overall, QuickBooks’ reports help shape decisions around purchasing new stock (or replenishing existing stock) to maximize sales opportunities and reduce waste. 

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Limitations of QuickBooks Online inventory management

Industry-specific tools

While QuickBooks Online offers general inventory tracking features suitable for a broad range of businesses, it lacks tools tailored to specific industries.

For example, manufacturing businesses need features like bill of materials and work order management, which aren’t available in QuickBooks Online. Retail companies with multiple sales channels need omnichannel inventory syncing areas, where QuickBooks Online is also not strong.

Advanced reporting

QuickBooks Online inventory management provides basic inventory reports, but if your inventory needs are complex, you might find that these reports lack:

  • Detailed backorder history.
  • Sales forecasting.
  • Intricate analytics on inventory turnover.
  • Lead times.
  • Supplier performance.

User limits

Depending on the version of QuickBooks Online you use, there are restrictions on the number of users you’re allowed. The Plus version allows up to 5 users, while the Advanced version allows up to 25 (with additional costs). 

This limitation poses challenges for larger organizations or those with multiple departments needing access to inventory data.

Customization

While QuickBooks Online offers customization capabilities, it nonetheless:

  • Lacks flexibility in creating custom fields or tags for inventory items.
  • Has difficulty supporting detailed item variations or attributes (like size, color, style, etc.) without workarounds.

Companies with specialized inventory needs will need to integrate QuickBooks Online with other software.

The solution: QuickBooks inventory management integrations

Does QuickBooks Online have inventory management? Now you know the answer is yes — but that’s just the beginning.

While QuickBooks Online inventory management offers a strong foundation, integrations make it a business powerhouse. 

A CRM bridges the gap between sales, customer management, and inventory. Method stands out as the best integrated solution for QuickBooks Online inventory management with its: 

  • Seamless two-way sync with QuickBooks Online. 
  • Enhanced customizability for your specific business needs. 
  • Holistic customer view, from sales interactions to product demand. 
  • Ability to simplify workflows by converting purchase orders to invoices and more.

Start elevating your inventory management with a free trial of Method.

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