CPA Practice Advisor - 12

REVIEW: INVENTORY MANAGEMENT SYSTEMS
WASP Inventory Cloud
www.waspbarcode.com
WASP Inventory Cloud from WASP
Barcode Technologies is a good fit for
mid-sized to larger retail businesses.
Along with excellent inventory management capability, WASP Inventory
Cloud also includes Sales, Purchasing,
and Production capability. WASP also
continues to offer their flagship onpremise inventory solution, with three
versions of the on-premise solution
available. A mobile app is also included
in WASP Inventory Cloud that works
with both iOS and Android smart
phones and tablets.
Like all WASP applications, WASP
Inventory Cloud offers an intuitive user
interface that is designed to integrate
with other WASP applications. Users
can easily add a new product in WASP
Inventory Cloud manually, assigning
a unique number to each product, or
have a number assigned automatically.
A check-in/check-out inventory option

is also available for businesses that
assign internal inventory or assets to
specific locations or employees. Users
can track inventory by serial number,
lot number, product name, date, or
even pallet, and those using another
inventory system can easily import
their current inventory list directly
into WASP Inventory Cloud.
Users can easily set minimum
and maximum stock levels, handle
drop-shipments and request notification when stock levels drop below a
pre-determined level, and the system
can automatically allocate stock to pick
orders so that it is no longer displayed
as available.
WASP Inventory Cloud supports
multiple warehouses, multiple delivery
addresses, and multiple price tiers for
all products. Users can categorize
products into specific groups, and
multiple pricing tiers are supported as
well. Each warehouse can be managed

separately, with notifications set per
warehouse rather than per product,
and users can easily adjust inventory
levels up and down, assigning a specific
reason for the adjustment.
WASP Inventory Cloud offers users
a good selection of help and support
options. A searchable knowledgebase is
available for users, as is quick access to
product upgrades and enhancements.
There are also a variety of on-demand
tutorials that cover both WASP hardware and software. Additional training
options such as On-Site and Web-Based
training options are also available.
Users can create a support ticket from
the website or contact support via the
toll-free number. Email and chat support options are also available.
WASP Inventory Cloud is a comprehensive inventory management
application that is well suited for brick
and mortar retail businesses, as well as
businesses that wish to track internal

Zoho Inventory Management
www.zoho.com
Zoho Inventory Management is a cloudbased inventory control application
that is part of Zoho's suite of applications designed for small to mid-sized
businesses. Zoho Inventory allows
users to centralize inventory, a great
option for those with both brick and
mortar and online stores. Along with
inventory management, Zoho Inventory includes warehouse management,
order management, order fulfillment,
and multichannel selling capability.
Great for those that sell products globally, Zoho Inventory is available in U.S.,
UK, Canadian, Australian, Indian, and
Global editions.
The latest edition of Zoho Inventory
includes numerous enhancements
and additions, including password
protected report exporting, the ability
to process partial drop-shipments, the
ability to add items in bulk, and the
addition of an Android app that allows

12

MAY 2019 ■

users to manage inventory from any
location. The Android app joins the iOS
app that Zoho has previously offered.
Zoho Inventory contains a userfriendly dashboard that allows users
to manage inventory from a central
location. The dashboard is completely
customizable, so users can view the
information they desire. Inventory lists
can be imported into Zoho from other
applications, or users can enter single
items, assign items to a specific group,
and create a composite item, which is
a single product that is composed of
two or more items. Zoho Inventory supports multiple warehouses, with users
able to create a main warehouse with
subsidiary locations, or simply create
multiple locations. Drop-shipments
and back orders are easily processed,
and users can track items using batch
tracking or serial number tracking. A
complete item history for any inventory
item is also available.

www.CPAPracticeAdvisor.com

Zoho Inventory includes barcode
scanning capability, but the product
does not currently offer an option to
create custom barcodes that can be
printed in-house. The product includes
kitting capability using the Composite
Items feature, and users can also
perform assemblies by bundling raw
materials and labor costs together to
complete the finished product.
The Resources option in Zoho
Inventory provides users with a variety
of help and support options including
in-depth help documentation that
includes a comprehensive Getting
Started guide. FAQs, business guides, a
community forum, and a list of weekly
webinars can also be accessed from
the Resources page. Product support
is available during regular business
hours, with users able to access support via the toll-free number provided,
or via email or chat if desired.
Zoho Inventory is a good fit for

4.75

2019
OVERALL
RATING

assets and inventory. WASP Inventory
Cloud is currently priced at $3,495 per
year for up to five users (with more
users addable) and includes a mobile
app for iOS and Android devices. An
on-premise solution is available in
Standard, Professional, and Enterprise
levels, with prices starting at $795.00
per year for the one-user Standard
version. WASP also offers a complete
system solution that includes software,
hardware, and labels, along with a
variety of peripheral items such as
barcode scanners and barcode printers
available for purchase as well. Those
interested in any WASP application
can request a demo directly from the
vendor if desired.

Read the full review
for this product online at:
www.CPAPracticeAdvisor.com/
21078172

4.5

2019
OVERALL
RATING

smaller retail businesses and online
merchants. Zoho currently offers a limited free version that works well as an
introduction to the product. Three paid
versions offer greater functionality:
Basic, costs $39 per organization per
month, and supports up to two warehouse locations and up to 10 system
users; Standard, costing $79 per month
for up to five warehouse locations and
up to 15 users; and Professional, priced
at $199 per month and supporting up to
10 warehouses and unlimited system
users. All pricing is based on an annual
payment, with month-to-month
options running slightly higher. Zoho
also offers a free 14-day trial for those
interested in learning more about the
product.

Read the full review
for this product online at:
www.CPAPracticeAdvisor.com/
21078173
http://www.waspbarcode.com http://www.CPAPracticeAdvisor.com/21078172 http://www.zoho.com http://www.CPAPracticeAdvisor.com/21078173 http://www.CPAPracticeAdvisor.com
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