CPA Practice Advisor - 11

INVENTORY MANAGEMENT SYSTEMS: REVIEW
Fishbowl Warehouse
www.fishbowl.com
Fishbowl Warehouse is an on-premise
inventory management application
available in U.S. and Canadian editions,
with warehouse and manufacturing
options available. Designed to integrate
with QuickBooks applications such as
QuickBooks Desktop and QuickBooks
Online, as well as Xero, Fishbowl can
also be used as a stand-along inventory
management application as well.
Mentioned earlier, Fishbowl is
offered as an on-premise solution, but
users can choose to purchase Fishbowl
Anywhere, a plugin that offers remote
access to the application from anywhere. Also available is Fishbowl Go,
a mobile app that is designed to work
with iOS and Android smartphones and
tablets, allowing users to perform standard inventory management tasks from
any warehouse. For smaller or online
businesses that desire complete online
product access, Boxstorm, an online

inventory management application
from Fishbowl is available.
The latest version of Fishbowl contains a variety of product updates and
enhancements including the addition of
new reports, various module improvements, a new Work Order module, a
new Quick Fulfill option, and improved
address validation.
Fishbowl Warehouse offers complete part tracking, supporting inventory tracking for multiple warehouses.
The product offers an unlimited number
of custom fields, with users able to track
the details they wish. Multi-currency
capability is offered in the application,
and the product supports customer
discounts and variable pricing. Product
reorder levels can be set in Fishbowl,
and users can assign a substitute product should inventory be depleted prior
to restocking. The product also supports
multiple ship-to addresses, and tracks
complete product history from initial

purchase order to product sales.
Fishbowl also includes serialized
tracking of all inventory, with users able
to track inventory by vendor, lot, revision, or tag number. Users can also track
inventory by barcode, using the mobile
app. Along with barcode tracking, users
can create and print custom barcodes
in Fishbowl if desired. Images and other
documents can be added to any product
file, and the manufacturing edition of
Fishbowl includes build-to-order capability, multi-level bill of materials and
both standard and configurable kitting
and assembly capability.
Fishbowl also includes a Pricing
Rule module in the Sales group that
allows pricing to be automatically
adjusted based on variables such as
order quantity, customer, day, product
purchased, or average cost. Pricing can
also be set in tiers if desired. The Apply
Price Adjustment feature offers a variety of pricing options with adjustments

inFlow Inventory Software
www.inflowinventory.com
inFlow Inventory is best suited for
small to mid-sized retailers and
online merchants, as well as product
distributors. inFlow is available as a
cloud application or can be installed
on-premise if desired. inFlow also
offers iPhone and Android apps that
allow users to check inventory levels,
check products in and out, and use
the included barcode scanner. inFlow
is scalable, with five plans available to
choose from, including two team plan
options that are ideal for businesses
with multiple users.
inFlow Inventory has several
product additions and enhancements
over the past year including the ability to create a sales order from a web
browser; perfect for those using the
on-premise version of inFlow. Other
additions include improved navigation
for tablet users, the ability to create
barcodes using inFlow Cloud, and the

addition of a new History Inventory
report and a new Work Order report.
inFlow has also improved serial number tracking functionality, and most
recently added the ability to fulfill and
pay sales orders directly from the web.
inFlow Inventory easily manages
both retail inventory and internal
business assets, and supports multiple
warehouses. Users can assign each
product or asset to a pre-defined category, and custom fields are available
for users to track other details. When
adding a product, users can assign a
default vendor to that product, making
automatic product reordering simple
when stock falls below a specified
number.
inFlow Inventory supports both
multi-currency and multiple languages, and a fully customizable dashboard allows users to track inventory
and asset details from a single screen.
inFlow allows users to use serial

number tracking, and manufacturing
businesses will appreciate features
such as kitting, assembly costing, bill
of materials, and work order processing. Barcode scanning is available
with the mobile app, and the vendor
has recently added the ability to create
and print custom barcodes and product
images and other documentation can
be easily attached to any product file.
Various pricing schemes can be
utilized with inFlow, and users can
assign multiple pricing levels to each
product, including a default price, a
retail price, and a wholesale price, with
the original product cost tracked as
well. Bulk pricing and volume pricing
options are available, and the product
currently supports multiple valuation methods including LIFO, FIFO,
and Moving Average Cost, with the
appropriate valuation assigned when
the product is initially entered.
Designed for small to mid-sized

MAY 2019 ■

2019
OVERALL
RATING

made for markdowns, margin, percent,
or fixed price and customer groups can
be created, with special pricing rules
applied to each group. Fishbowl also
supports multiple inventory valuation
methods including LIFO, FIFO, Average,
and Standard Cost.
Fishbowl Warehouse is a scalable
warehouse/manufacturing application
that is well suited for mid-sized to larger
retail businesses, and online merchants.
Both Fishbowl Warehouse and Fishbowl
Manufacturing start at $4,395 per year
for a single user, with final pricing
based on pricing based on the number
of system users and the support plan
chosen. Fishbowl offers a free 14- day
trial for those interested in learning
more about the application.

Read the full review
for this product online at:
www.CPAPracticeAdvisor.com/
21078175

4.75

2019
OVERALL
RATING

retail businesses and online merchants,
inFlow Inventory is scalable, with five
plans available including Essentials,
which is designed for two users and
costs $79 per month. Essentials Team
is suitable for up to five users, and
runs $139 per month. Advanced and
Enterprise plans are available as well,
with users able to receive a discount if
they pay annually rather than monthly.
All plans include product updates and
support. A free, 14- day trial is available
for those that wish to try inFlow prior
to purchasing.

Read the full review
for this product online at:
www.CPAPracticeAdvisor.com/
21078174

www.CPAPracticeAdvisor.com

http://www.fishbowl.com http://www.CPAPracticeAdvisor.com/21078175 http://www.inflowinventory.com http://www.CPAPracticeAdvisor.com/21078174 http://www.CPAPracticeAdvisor.com

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