Feb 2021 Review
Fishbowl vs Netsuite & Skubana
It seems like a crowded space, but we like 3 of the main inventory management software in market and call out their strengths and weaknesses below.
We review 3 of the top inventory management software solutions in the market. Rankings are based on user reviews, product features, user experience, implementation, and price.
But they are very different in their approach and pricing also differs.
1) Fishbowl – All user licenses are concurrent user and non-expiring. Software starts at only $4,395 permanent ownership
2) Netsuite – Base prices for a license start from $999 p/month
3) Skubana – depends on your requirements but starts at approximately $1000 p/month.
Let’s take each in turn:
1. Fishbowl is #1 For Inventory Management
Fishbowl is a cost effective business automation and inventory management platform for small to midsize manufacturing companies. For a one time fee of $4,395 you have permanent ownership of the software.
The app offers QuickBooks integration for accounting management, as well as tools for inventory control, material requirements planning (MRP) and job shop floor control/manufacturing execution.
It is an inventory-centric system, with features for barcoding, asset management, raw materials management and customized reporting. It automates the quoting, ordering and purchasing processes. The work order system enables users to create and share work orders for a variety of tasks.
Fishbowl allows manufacturing businesses to track inventory across mutliple locations including warehouse and office facilities. Professionals can use the app for purchase order management, warehouse management, inventory tracking, and more, and multiple warehouses can be managed from one centralized solution. The inventory management feature allows businesses to carry out barcode scanning as well as serial number identification in order to trace shipments and orders.
Fishbowl offers training and support resources through its training videos, online tutorials, in-house specialists and more. Fishbowl’s integration with QuickBooks allows users to integrate manufacturing, sales, and distribution processes with back office accounting. Additionally, it also integrates with third-party accounting, shipping, e-Commerce and merchant services including Salesforce, Magento, FedEx, Amazon, and more.
Fishbowl Integrates With 60+ Apps
2. Netsuite
Netsuite – base prices for a license start from $999 p/month
NetSuite is, simply put, HUGE. It is the #1 enterprise software in the world and with size comes complexity. There are plenty of businesses of all sizes that love Netsuite, and plenty that don’t. Netsuite are a cloud ERP solution, providing a suite of applications, from accounting and financial planning, to warehouse management, ecommerce, inventory management.
One thing about NetSuite is engineered to scale with businesses as you grow and to streamline mission-critical processes.
3. Skubana
Skubana – Skubana starts from $1000 per month, you’ll need to confirm costs after speaking with their sales consultant
Skubana suits small and large businesses, and businesses at any stage of growth. They are described as multichannel brands and high-volume marketplace sellers. They are a cloud platform that boosts (their words, not mine) that they “minimize storage costs, dead stock, stockouts, balances your inventory turnover ratio, and frees up capital”. Skubana suit multichannel brands and does a good job of establishing a holistic view of your sales data, fulfillment data, and automated supply chain management across most channels.
Our Conclusion
They all have pros and cons. Fishbowl has everything you need to streamline your operations, they are the #1 manufacturing and Inventory Management Software. Netsuite is a good second choice and is amazing, but it’s a lot to implement, operate, and its price can be prohibitively expensive. Finally, Skubana is on our last spot due to their higher plan pricing although they have grown into a leader in marketing automation