Shopventory.com Reviews

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Based on looking at the website, Shopventory.com, now rebranded as Thrive Inventory, positions itself as a centralized inventory management and reporting solution designed to streamline operations for businesses.

It aims to reduce the traditionally cumbersome manual processes associated with inventory tracking, freeing up business owners to focus on growth and management.

This platform appears to offer real-time inventory updates, integration with various POS and e-commerce systems, and tools for optimizing inventory levels to save time and money.

While the concept of efficient business management is commendable, and honest, transparent trade is highly encouraged, it’s crucial for businesses to ensure that the products they manage and sell, and the services they provide, are in line with ethical principles.

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IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Table of Contents

Thrive Inventory Formerly Shopventory.com Review & First Look

Based on an initial review of the Thrive Inventory website, it presents itself as a robust solution for businesses struggling with inventory management.

The platform emphasizes its ability to provide a “central hub” for inventory, aiming to simplify complex processes.

It appears to cater to a broad range of business types, including retail, restaurants, cafes, liquor stores, pubs & bars, smoke shops, convenience stores, and wholesale operations.

This breadth suggests a versatile system, but it also raises questions about how tailored the features truly are for each specific industry.

Streamlined Inventory Control

Thrive Inventory’s core promise revolves around gaining control over your inventory. The website highlights features like real-time inventory management, which is crucial for businesses with high stock turnover. They claim to help businesses track inventory across a “wide variety of products” and calculate the costs of goods sold, which is fundamental for profitability analysis. Inpetransfer.com Reviews

Integration Capabilities

A key selling point is its extensive integration list, covering popular platforms like:

  • Point of Sale POS: Clover, Shopify POS, Square POS
  • E-commerce: Shopify, Square Online, WooCommerce, BigCommerce
  • Feeds: Google for Retail, Facebook Shops, Instagram Shops
  • Payments: Stripe
  • Accounting: QuickBooks Online

These integrations suggest that Thrive aims to be a central nervous system for a business’s sales and financial data, pulling information from various channels into one dashboard.

Stated Benefits for Businesses

Thrive Inventory articulates several benefits for its users, including:

  • Time and Money Savings: By optimizing inventory tracking and identifying slow-moving items.
  • Accuracy: Ensuring inventory data is precise.
  • Prioritization: Helping businesses focus on what sells.

Customer testimonials on the site, like “Thrive is excellent.

Helped our business scale significantly,” from Delivery by SSG, or “As a program this literally has freed up about 15 hours a week in management and inventory” from The Galley, attempt to validate these claims with real-world impact. Furrify.co.uk Reviews

Thrive Inventory Features

Thrive Inventory boasts a comprehensive suite of features designed to tackle various aspects of inventory management.

The website categorizes these into several key areas, suggesting a deep level of functionality beyond basic stock tracking.

It’s clear they’ve thought about the nuances of different business operations.

Core Inventory Management

At the heart of Thrive’s offering is its ability to manage products efficiently. This includes:

  • SKU Creation: The ability to generate unique stock-keeping units for precise tracking.
  • Lot Costs: Important for businesses needing to track costs per batch or lot.
  • Modifier Configuration: For businesses, particularly in food service, that offer customizable products.
  • Pricing Calculator: A tool to help set appropriate pricing based on costs.
  • Expiration Dates: Critical for perishable goods, helping reduce waste.
  • Spreadsheet Bulk Upload: A time-saver for initially populating inventory or making large updates.

Advanced Inventory Optimization

Beyond the basics, Thrive delves into more sophisticated features aimed at preventing stockouts and overstocking: Parkhero.co.uk Reviews

  • Min/Max Levels & Low Stock Alerts: Automated notifications to reorder before stock runs out.
  • Stocktakes and Approvals: Tools for physical inventory counts and formalizing the process.
  • Kits / Bundles & Recipe / Ingredient Management: Essential for businesses selling product bundles or preparing items from components e.g., restaurants.
  • Assemblies & Bill of Materials: For light manufacturing or assembling finished products from raw materials.
  • Automated Purchase Orders & Stock Transfers: Streamlining the reordering process and moving stock between locations.

Barcode & Label Management

Efficient inventory relies heavily on accurate identification. Thrive supports this through:

  • Barcode Generation: Creating new barcodes for products.
  • Dymo, Brother, Avery Label Printing: Compatibility with common label printers.
  • Scan-to-Create Stocktakes, Invoices, Purchase Orders, Transfers: Using barcode scanners to speed up various inventory-related tasks.

Reporting & Analytics

Data-driven decisions are paramount. Thrive provides extensive reporting capabilities:

  • Custom Dashboards: Allowing users to tailor their main view to key metrics.
  • Sales Goal Tracking & Product Profitability Reports: Essential for understanding business performance.
  • Inventory Change Reports & Dead Inventory Reports: Identifying trends in stock movement and stagnant items.
  • Intelligent Stock Forecasting: Using data to predict future demand.

Wholesale & Payment Features

For businesses with wholesale operations, Thrive offers:

  • Customer Management & Dynamic Price Lists: Tailoring pricing for different wholesale clients.
  • Wholesale Reporting: Tracking wholesale specific sales and inventory.
  • Invoicing & Payment Terms: Streamlining the billing process.

Thrive Inventory Pros & Cons

When evaluating an inventory management system like Thrive Inventory, it’s important to weigh its strengths against its potential weaknesses.

Based on the information presented on its website, here’s a breakdown of what appears to be its advantages and areas where users might need to consider alternatives. Earthly.org Reviews

Pros: What Thrive Inventory Appears to Do Well

  • Comprehensive Feature Set: Thrive’s biggest strength seems to be the sheer breadth of its features. From basic SKU management to advanced tools like bill of materials, recipe management, and intelligent stock forecasting, it covers a wide spectrum of inventory needs. This makes it potentially suitable for complex businesses with diverse inventory requirements.
    • Data Point: The website lists over 30 distinct features under “Inventory Management” and “Reporting,” indicating a into functionality.
  • Extensive Integrations: The platform boasts integrations with major POS systems Square, Shopify POS, Clover, e-commerce platforms Shopify, WooCommerce, BigCommerce, payment gateways Stripe, and accounting software QuickBooks Online. This is crucial for businesses operating across multiple sales channels, ensuring data consistency and reducing manual entry.
    • Data Point: There are 10 direct integration partners explicitly mentioned on the homepage and integration page.
  • Real-Time Syncing: The emphasis on “real-time inventory management” across multiple channels and locations is a significant advantage. This helps prevent overselling and provides an accurate view of stock levels at any given moment.
  • Scalability: With pricing tiers ranging from “Standard” to “Enterprise” supporting increasing numbers of locations, users, and transactions, Thrive appears designed to grow with a business. Unlimited products/items/SKUs across all tiers also suggest strong scalability for growing product catalogs.
    • Data Point: The “Enterprise” plan supports up to 20 locations and 75,001+ transactions per month.
  • Dedicated Support & Professional Services: The availability of email, live chat, and phone support, along with dedicated account managers for higher tiers, indicates a commitment to customer assistance. Professional services like account implementation, catalog migration, and product creation are also offered, which can be invaluable for businesses needing assistance with setup.
  • User Testimonials: The website prominently features positive testimonials from users like “Beauty Club Outlet,” “Ninny’s Napkins,” and “The Galley,” which speak to perceived ease of use and positive impact on business operations.

Cons: Potential Areas for Consideration

While Thrive Inventory presents a strong offering, there are aspects that businesses should consider based on typical inventory management system challenges:

  • Pricing Structure: While features are robust, the tiered pricing, starting at $79/month for the “Standard” plan and going up to $799/month for “Enterprise” with higher tiers requiring quotes for professional services, might be a significant investment for very small businesses or startups with limited budgets. The transaction limits on lower tiers could also be a concern for rapidly growing businesses.
    • Data Point: “Standard” plan limits transactions to 1-3,000 per month, which could be quickly outgrown.
  • Complexity for Simple Needs: For businesses with very straightforward inventory needs e.g., a single-location boutique with a small, static product catalog, the extensive feature set might feel overwhelming or introduce unnecessary complexity. The learning curve for utilizing all the advanced features could be steep.
  • Specific Industry Nuances: While Thrive claims to cater to many industries,s into highly niche requirements e.g., specific regulatory compliance for certain food products, complex serial number tracking for electronics aren’t explicitly detailed. Businesses with very unique needs might need to verify if the system supports their specific operational workflows.
  • Reliance on Integrations: While integrations are a pro, the system’s effectiveness is heavily reliant on the seamless functioning of these connections. Any issues with API changes from integrated platforms could potentially disrupt data flow.
  • No Free Tier Only Free Trial: There isn’t a permanent free tier for micro-businesses to use indefinitely. The 30-day free trial is generous but requires a commitment to a paid plan afterward.

Thrive Inventory Alternatives

For businesses exploring inventory management solutions, it’s wise to consider alternatives to Thrive Inventory formerly Shopventory.com to ensure the best fit for specific needs and budgets.

The market is rich with various platforms, each with its own strengths, pricing models, and target audiences.

When choosing an alternative, businesses should prioritize systems that align with their operational scale, industry, existing tech stack, and long-term growth plans.

1. Square Inventory

  • Overview: Often seen as an attractive option for small to medium-sized businesses, especially those already using Square POS for sales. Square’s inventory management is built directly into its POS system, offering a highly integrated experience for single-channel or primarily brick-and-mortar operations.
  • Key Features: Basic stock tracking, low stock alerts, vendor management, purchase orders. It excels in simplicity and ease of use, particularly for businesses that want an all-in-one POS and inventory solution.
  • Pros: Highly integrated with Square POS, often included or very affordable for Square users, user-friendly interface.
  • Cons: Less robust for complex inventory needs e.g., bill of materials, multi-location complexities, limited integrations outside the Square ecosystem compared to dedicated inventory platforms.
  • Best For: Small retail shops, cafes, and service businesses already using Square for payments and POS.

2. Shopify Inventory

  • Overview: Similar to Square, Shopify offers built-in inventory management for businesses primarily selling online through their Shopify e-commerce store. It’s designed to seamlessly integrate with online sales, making it a natural choice for Shopify users.
  • Key Features: Stock tracking across online and physical stores with Shopify POS, low stock alerts, inventory transfers between locations, basic reporting. Advanced features may require third-party apps.
  • Pros: Deeply integrated with Shopify stores, user-friendly for e-commerce, good for online-first businesses.
  • Cons: Can become complex and expensive with numerous third-party apps for advanced features, less robust for highly complex manufacturing or multi-channel wholesale operations without additional tools.
  • Best For: E-commerce businesses primarily operating on the Shopify platform, especially those with some brick-and-mortar presence using Shopify POS.

3. Zoho Inventory

  • Overview: Part of the broader Zoho ecosystem, Zoho Inventory is a standalone inventory management software designed for small to medium-sized businesses. It offers a more comprehensive feature set than basic POS-integrated solutions and can handle multi-channel operations.
  • Key Features: Order management, warehouse management, multi-channel selling, kitting, dropshipping, serial number tracking, integrations with various e-commerce, CRM, and shipping platforms.
  • Pros: Feature-rich, competitive pricing, part of a larger business software suite Zoho CRM, Zoho Books, good for multi-channel sales.
  • Cons: Can have a steeper learning curve than simpler solutions, UI might not be as intuitive for some users.
  • Best For: Small to medium businesses requiring robust multi-channel inventory management, including wholesale and dropshipping, and those already using other Zoho products.

4. Lightspeed Retail

  • Overview: Lightspeed offers a powerful cloud-based POS and inventory management system designed specifically for retailers and restaurants. It’s known for its robust features tailored to these industries.
  • Key Features: Advanced inventory matrix for variations, vendor management, purchase orders, returns management, reporting, customer management, multi-store support.
  • Pros: Industry-specific features e.g., robust retail matrices, strong reporting, excellent for multi-store operations, generally good user interface.
  • Cons: Can be more expensive than basic solutions, may have a learning curve due to its extensive features, primarily focused on retail and restaurant.
  • Best For: Established small to medium-sized retailers and restaurants, especially those with multiple locations or complex product variations.

5. Odoo Inventory

  • Overview: Odoo is an open-source suite of business management software, including a highly flexible and customizable inventory module. It’s suitable for businesses that need a solution that can be tailored to very specific needs or integrated deeply into a larger enterprise resource planning ERP system.
  • Key Features: Double-entry inventory system, multi-warehouse management, drop-shipping, cross-docking, quality control, manufacturing orders, robust reporting. Its modular nature allows businesses to add other Odoo apps as needed.
  • Pros: Highly customizable, scalable, strong manufacturing capabilities, comprehensive ERP solution if other Odoo modules are used, strong community support for the open-source version.
  • Cons: Can be complex to set up and customize, may require technical expertise or professional implementation, pricing for the enterprise version and custom development can be substantial.
  • Best For: Larger SMEs or enterprises with complex manufacturing, multi-warehouse operations, and a need for a highly customizable ERP-integrated solution.

How to Cancel Thrive Inventory Shopventory.com Subscription

Canceling a subscription to any service should be a straightforward process, and Thrive Inventory, formerly Shopventory.com, typically outlines this in their terms of service or help documentation. Dfwindowrepairs.co.uk Reviews

While the direct steps might vary slightly depending on their most current interface, the general approach involves accessing your account settings.

General Steps to Cancel:

  1. Log In to Your Account: The first step is always to log into your Thrive Inventory account using your registered credentials.
  2. Navigate to Account/Billing Settings: Once logged in, look for a section typically labeled “Account Settings,” “Billing,” “Subscription,” or “My Plan.” This is usually found in a dropdown menu under your profile name or a prominent link in the dashboard.
  3. Locate Subscription Management: Within the billing or account settings, there should be an option to manage your subscription. This might be a button or a link that says “Manage Subscription,” “Change Plan,” or “Cancel Subscription.”
  4. Follow On-Screen Prompts: The platform will likely guide you through a series of prompts to confirm your cancellation. This might include asking for a reason for cancellation which can help them improve their service or offering to pause your subscription instead.
  5. Confirm Cancellation: Ensure you receive a confirmation email or an on-screen message verifying that your subscription has been successfully canceled. Keep this for your records.

Important Considerations:

  • Review Terms of Service: Before canceling, it’s always a good practice to review Thrive’s Terms of Service regarding cancellations. This will clarify any policies on refunds, notice periods, or data retention after cancellation.
  • Data Export: If you have valuable inventory data, sales reports, or customer information stored within Thrive Inventory, make sure to export all necessary data before canceling your subscription. Once canceled, access to your data might be limited or removed entirely.
  • Billing Cycle: Understand your current billing cycle. Most subscription services charge at the beginning of a period e.g., monthly or annually. Canceling mid-cycle typically means you’ll still have access to the service until the end of the current paid period, but you won’t be charged for the next one.
  • Contact Support if Needed: If you encounter any issues or cannot find the cancellation option, contact Thrive Inventory’s customer support immediately via their listed channels email, live chat, or phone. Provide your account details for faster assistance.

How to Cancel Thrive Inventory Shopventory.com Free Trial

Initiating a free trial for an inventory management system like Thrive Inventory is an excellent way to test its capabilities without financial commitment.

However, if the service doesn’t meet your needs, or if you simply don’t wish to continue, it’s important to know how to cancel before the trial period ends to avoid unwanted charges.

Thrive offers a “30-Day Free Trial,” and they typically require you to enter payment information to access the trial.

Steps to Cancel Your Free Trial:

  1. Mark Your Calendar: The most crucial step is to note the exact end date of your 30-day free trial immediately after signing up. Set a reminder a few days before the trial concludes to give yourself ample time to cancel.
  2. Log In to Your Account: Access your Thrive Inventory account using the credentials you created when signing up for the free trial.
  3. Locate Billing or Subscription Settings: Just like canceling a paid subscription, navigate to the “Account Settings,” “Billing,” or “Subscription” section within your dashboard.
  4. Find the Trial Management Option: Look for an option specifically related to your trial. This might be a button to “Cancel Trial,” “Manage Plan,” or “Upgrade/Downgrade Plan.” The goal is to ensure that the automatic conversion to a paid subscription is prevented.
  5. Follow Prompts to Confirm: The system will likely ask you to confirm your decision to cancel the trial. You might be asked for feedback on why you’re canceling.
  6. Verify Cancellation: Crucially, look for a confirmation message on the screen or an email stating that your free trial has been successfully canceled and that you will not be charged. This verification is vital.

Key Considerations for Free Trial Cancellation:

  • No Charge Policy: Thrive’s website states “All Features Available During Your 30-Day Free Trial” and encourages users to “Try Thrive Free.” However, as common with many SaaS products, you often provide payment details upfront to activate the trial, and they will automatically charge you if you don’t cancel before the trial expires.
  • Data Access After Trial: Understand that once your trial is canceled, or if it expires without conversion to a paid plan, your access to any data you’ve input into the system will likely be revoked. Export any critical information e.g., product lists, test reports before your trial ends.
  • Contact Support: If you have any difficulty locating the cancellation option or encounter issues, do not hesitate to reach out to Thrive Inventory’s customer support well before your trial expires. Provide your account details and clearly state your intention to cancel the free trial.

Thrive Inventory Shopventory.com Pricing

Thrive Inventory offers a tiered pricing model designed to cater to businesses of varying sizes and complexities. Jfinternational.com Reviews

The pricing structure is based on factors such as the number of locations, users, and monthly transactions, as well as the level of features included.

This approach allows businesses to select a plan that aligns with their current needs and budget, with options to scale up as they grow.

Here’s a breakdown of the pricing tiers as presented on their website, along with key inclusions for each:

1. Standard Plan

  • Starting at: $79/month
  • Locations / Integrations: 2
  • Users: 2
  • Transactions Per Month: 1-3,000
  • Products / Items / SKUs: Unlimited
  • Order History: 3 Years
  • Reporting History: 3 Years
  • Key Features Included:
    • Product Catalog Management: SKU Creation, Lot Costs, Modifier Configuration, Pricing Calculator, Expiration Dates, Price Tag / Label Printing, Spreadsheet Bulk Upload, Average Costs.
    • Inventory Management: Min / Max Levels, Low Stock Alerts, Stocktakes and Approvals, Basic Internal Transfers, Basic Purchase Orders.
    • Barcodes & Labels: Barcode Generation, Dymo Label Printing, Brother Label Printing, Avery Label Printing.
    • Reporting: Custom Dashboards, Sales Goal Tracking, Product Profitability Reports, Inventory Change Reports, Dead Inventory Reports, Inventory Valuation Reports, Low Inventory Reports, Unsold Product Reports, Saved Reports.
    • Security: Theft / Discount Tracking, Multifactor Authentication, User Access Permissions.
    • Support: Email, Live Chat.

2. Professional Plan

  • Starting at: $199/month
  • Locations / Integrations: 5
  • Users: 5
  • Transactions Per Month: 3,001-10,000
  • Order History: Unlimited
  • Reporting History: Unlimited
  • All Standard Plan Features, PLUS:
    • Advanced Inventory: Modifiers Inventory Tracking, Kits / Bundles, Recipe / Ingredient Management, Assemblies, Bill of Materials, Automated Purchase Orders, Automated Stock Transfers.
    • Barcode Scanning: Scan-to-Create Stocktakes, Scan-to-Create Invoices, Scan-to-Create Purchase Orders, Scan-to-Create Transfers.
    • Advanced Reporting: Region / District Reporting, Scheduled Reports, Intelligent Stock Forecasting.
    • Wholesale: Customer Management, Dynamic Price Lists, Wholesale Reporting, Payment Terms.
    • Payments: Invoicing.
    • Support: Phone.

3. Elite Plan

  • Starting at: $399/month
  • Locations / Integrations: 10
  • Users: 10
  • Transactions Per Month: 10,001-25,000
  • All Professional Plan Features, PLUS:
    • Enhanced Support: Dedicated Account Manager.
    • Extras: Global Currency Support, Dashboard Reporting App, Barcode Scanner App, Alexa Voice Command, Additional Transactions Available.
    • Integrations: Google for Retail Integration, QuickBooks Online Integration.

4. Enterprise Plan

  • Starting at: $799/month
  • Locations / Integrations: 20
  • Users: 20
  • Transactions Per Month: 25,001-75,000
  • All Elite Plan Features, PLUS:
    • Beta Feature Access.
    • This plan is designed for larger operations needing the highest capacity and comprehensive feature set.

Professional Services Quote Based

Beyond the standard plans, Thrive also offers additional professional services, which are priced separately and require a quote:

  • Account Implementation
  • Catalog Migration
  • Product Creation

Important Considerations for Pricing:

  • Transaction Limits: Pay close attention to the “Transactions Per Month” limits for each tier. Exceeding these limits could necessitate an upgrade, impacting your budget.
  • User & Location Limits: Similarly, the number of users and locations supported is a crucial factor, especially for growing or multi-store businesses.
  • Feature Gating: Many advanced features, such as automated purchase orders, recipe management, and intelligent stock forecasting, are only available from the Professional plan onwards. Businesses with complex needs will likely need to opt for higher tiers.
  • Annual vs. Monthly Billing: While the website lists monthly prices, many SaaS companies offer discounts for annual commitments. It’s always worth checking if this option is available and beneficial.

Thrive Inventory Shopventory.com vs. Competitors

When a business is looking for an inventory management system, comparing Thrive Inventory formerly Shopventory.com against its competitors is essential. Rokirmedia.com Reviews

Each platform has its unique selling points, target audience, and pricing structure.

Here, we’ll draw a comparison with some of the prominent players in the market, focusing on key differentiators based on the information provided on Thrive’s website and general industry knowledge.

Thrive Inventory vs. Square Inventory

  • Thrive Inventory: Appears as a dedicated, comprehensive inventory management solution designed to integrate with various POS and e-commerce systems. Its strength lies in its deep feature set for inventory optimization, multi-location syncing, recipe/BOM management, and advanced reporting. It caters to businesses that prioritize robust inventory control as a central hub, even if they use different sales channels.
    • Best For: Businesses with complex inventory needs, multiple locations, or those seeking detailed forecasting and advanced production features.
    • Key Differentiator: More advanced inventory features and integrations beyond a single POS ecosystem.
  • Square Inventory: Primarily an integrated feature within the Square POS ecosystem. It’s excellent for simplicity and ease of use for small businesses primarily selling through Square. Its inventory tools are streamlined for basic stock tracking, low stock alerts, and managing items directly within the POS.
    • Best For: Small businesses, single-location retail, cafes, or service providers that are already deeply embedded in the Square payment and POS system and have straightforward inventory requirements.
    • Key Differentiator: Simplicity, cost-effectiveness often included with Square POS plans, and seamless integration within the Square family of products.

Thrive Inventory vs. Shopify Inventory

  • Thrive Inventory: Offers a multi-channel, multi-location inventory system that can integrate with Shopify among other platforms. It provides more granular control over inventory movements, advanced costing e.g., lot costs, and specialized features like scan-to-count and automated purchase orders that go beyond Shopify’s native capabilities.
    • Best For: Shopify merchants who have complex inventory needs, operate multiple physical locations, or manage inventory that involves recipes, bundles, or light manufacturing, and require deep analytical insights.
    • Key Differentiator: Deeper, more centralized inventory management capabilities that extend across multiple sales channels not just Shopify and handle complex product structures.
  • Shopify Inventory: Is the native inventory management within the Shopify e-commerce platform. It’s designed to manage stock for online stores and physical retail via Shopify POS. It’s very intuitive for managing product variants and basic stock levels for e-commerce-first businesses.
    • Best For: E-commerce businesses whose primary sales channel is Shopify and have relatively straightforward inventory needs.
    • Key Differentiator: Seamless integration with the Shopify online store and POS, ease of use for e-commerce operations.

Thrive Inventory vs. Zoho Inventory

  • Thrive Inventory: Appears to be a specialized inventory management system with a strong focus on real-time syncing, detailed reporting, and support for various retail and food service models. Its pricing tiers indicate robust feature sets for scaling businesses.
    • Best For: Businesses prioritizing deep inventory control, automated workflows, and comprehensive reporting across diverse business types.
    • Key Differentiator: Possibly more tailored to the “retail” and “restaurant” inventory complexities specifically highlighted on their site, with emphasis on features like modifier tracking and bill of materials.
  • Zoho Inventory: Is a more broad-based inventory and order management system that is part of a larger ecosystem of Zoho business applications. It handles multi-channel sales, warehouse management, and order fulfillment, making it versatile for various business models, including wholesale and dropshipping.
    • Best For: Businesses looking for an affordable, feature-rich solution that can integrate with other business functions CRM, accounting within the Zoho suite, and those with diversified sales channels.
    • Key Differentiator: Part of a comprehensive business suite, strong focus on order management and warehouse operations beyond just inventory tracking.

In essence, Thrive Inventory positions itself as a powerful, dedicated inventory hub.

While competitors like Square and Shopify offer integrated inventory tools that are great for simplicity and specific platform users, and Zoho provides a broader business suite, Thrive’s strength seems to lie in its comprehensive, specialized approach to inventory management across multiple sales and physical locations.

FAQs

What is Shopventory.com?

Shopventory.com has been rebranded and is now known as Thrive Inventory. Sevog.com Reviews

It is an inventory management and reporting software designed to centralize inventory operations for businesses, helping them track stock in real-time, manage product information, and integrate with various point-of-sale POS and e-commerce platforms.

What industries does Thrive Inventory serve?

Based on its website, Thrive Inventory serves a wide range of industries including retail, restaurants, cafes, liquor stores, pubs & bars, smoke shops, convenience stores, and wholesale businesses.

Does Thrive Inventory offer a free trial?

Yes, Thrive Inventory offers a 30-day free trial that includes access to all features.

You typically need to provide payment information to activate the trial, and charges will apply if you don’t cancel before the trial period ends.

How much does Thrive Inventory cost?

Thrive Inventory offers tiered pricing plans: Standard $79/month, Professional $199/month, Elite $399/month, and Enterprise $799/month, with custom quotes available for additional professional services. Mwsoft.xyz Reviews

Pricing varies based on locations, users, and transaction volume.

Can Thrive Inventory integrate with my existing POS system?

Yes, Thrive Inventory integrates with several popular POS systems including Clover, Shopify POS, and Square POS, allowing for real-time inventory syncing.

Does Thrive Inventory support multiple locations?

Yes, Thrive Inventory is designed to support multi-location syncing.

Its higher-tier plans accommodate more locations and users, allowing businesses to manage inventory across various physical stores or warehouses.

Can I track ingredients and recipes with Thrive Inventory?

Yes, the Professional plan and higher tiers include features for modifier inventory tracking, kits/bundles, recipe/ingredient management, assemblies, and bill of materials, which are essential for businesses dealing with composite products. 4dealer.it Reviews

Does Thrive Inventory help with purchase orders?

Yes, Thrive Inventory offers features for basic purchase orders in its Standard plan, with automated purchase orders available in the Professional plan and above, helping streamline the reordering process.

Is there a mobile app for Thrive Inventory?

Based on the website, Thrive Inventory offers a Dashboard Reporting App and a Barcode Scanner App, indicating mobile capabilities for certain functions.

How does Thrive Inventory handle reporting?

Thrive Inventory provides extensive reporting capabilities including custom dashboards, sales goal tracking, product profitability reports, inventory change reports, dead inventory reports, and intelligent stock forecasting across its various plans.

Can Thrive Inventory generate barcodes?

Yes, Thrive Inventory includes barcode generation capabilities and supports printing labels on Dymo, Brother, and Avery printers.

Does Thrive Inventory offer customer support?

Yes, Thrive Inventory provides customer support via email and live chat across all plans, with phone support available from the Professional plan and a dedicated account manager for Elite and Enterprise plans. Wetandforget.co.nz Reviews

How do I cancel my Thrive Inventory subscription?

To cancel your Thrive Inventory subscription, you typically need to log into your account, navigate to your billing or account settings, and follow the prompts to manage or cancel your subscription.

It’s recommended to export your data and review their terms of service before canceling.

What happens if I don’t cancel my free trial?

If you don’t cancel your free trial before its expiration date, Thrive Inventory will likely automatically convert your trial into a paid subscription based on the plan you selected or their default trial conversion plan, and your payment method on file will be charged.

Does Thrive Inventory offer wholesale management features?

Yes, the Professional plan and higher tiers include wholesale features such as customer management, dynamic price lists, wholesale reporting, and payment terms.

Can Thrive Inventory integrate with accounting software?

Yes, Thrive Inventory integrates with QuickBooks Online, allowing for streamlined accounting processes related to your inventory and sales. Fridgeofplenty.com Reviews

Is there a limit to the number of products I can track?

No, all of Thrive Inventory’s pricing plans, from Standard to Enterprise, support an unlimited number of products/items/SKUs.

Does Thrive Inventory provide low stock alerts?

Yes, low stock alerts and min/max level settings are included in all Thrive Inventory plans, helping businesses prevent stockouts.

Can I import existing inventory data into Thrive Inventory?

Yes, Thrive Inventory supports spreadsheet bulk upload, which allows businesses to import their existing inventory data into the system efficiently.

What is the difference between Shopventory and Thrive Inventory?

Shopventory.com is the previous name of the company and platform, which has since been rebranded as Thrive Inventory. They are the same product, just under a new name.

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