Thrive by Shopventory

4.8 (96)
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Real-time, cloud-based inventory management system

About Thrive by Shopventory

Shopventory is a cloud-based, real-time inventory management solution which can be integrated with a range of sales systems, including Square, Clover and PayPal Here point of sale (POS) systems, Shopify, BigCommerce and WooCommerce for eCommerce, and QuickBooks Online. The platform offers a range of features including customizable alerts, barcode scanning, purchase orders, vendor management tools, reporting, and more.

With Shopventory, users can create bundles from their existing inventory, entering and combining ingredients, managing partial quantities of as little as 0.001, and tracking all components alongside finished products. Alternate versions of each bundle can also be created to reflect differences in discounts, commissions, wholesale, peak hours, and other variables. Custom condition-based alerts can be defined to notify users automatically via email when stock levels are low. Alerts are also displayed on the dashboard when users log in to the platform.

Shopventory’s vendor management tools include tags, which allow users to add labels to vendor profiles for easy identification of local vendors, those who offers shipping discounts, or for organizing vendors based on what they sell. Users can also assign items and their variants to individual vendors, and add notes to vendor profiles to keep track of important information. A range of reports can be generated in Shopventory, allowing users to track discounts, view full inventory valuations and detailed inventory histories, forecast inventory with predictive analytics, and track how inventory has changed over time.


Key benefits of Thrive by Shopventory

  • Users can create an unlimited number of condition-based alerts for different products, locations, and stock levels, with automatic email and dashboard notifications for low inventory items.

  • Native apps for Android and iOS devices allow users to scan item barcodes for receiving shipments and reconciling stock, directly through their mobile device’s camera.

  • With Shopventory’s built-in reports, users can view detailed inventory histories, identify slow-moving inventory, and track discounts and profitability.

  • Vendors can be tagged based on their location, any discounts offered, the products their provide, and any other criteria, and users can add notes to vendor records to track any additional information.

  • Products can be uploaded in bulk through direct integration with Google Sheets, and users can create and update inventory items, variants, and quantities.

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    Reviews

    Overall rating

    4.8 /5
    (96)
    Value for Money
    4.5/5
    Features
    4.5/5
    Ease of Use
    4.6/5
    Customer Support
    4.9/5

    Already have Thrive by Shopventory?

    Software buyers need your help! Product reviews help the rest of us make great decisions.

    Showing 5 reviews of 96
    Jared
    Jared
    Overall rating
    • Industry: Nonprofit Organization Management
    • Company size: 201–500 Employees
    • Used Weekly for 6-12 months
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 9.0 /10

    Powerful, but with quirks

    Reviewed on 2019/06/12

    Customer Service is the best.

    Customer Service is the best.

    Pros

    We connect to Square and this system helps us know the Cost of Goods sold where Square lacks.

    Cons

    The software can be a little tricky to set up. Be sure to ask support if you have any questions before proceeding.

    Response from Shopventory

    Hi Jared! We appreciate the great review!

    We're always working on ways to improve the initial set up. We'll pass this information along to our setup team!

    It's great to hear that you've been able to get true product profitability reporting by using Shopventory. That's one of the many reasons we do what we do!

    Anjuli
    Overall rating
    • Industry: Retail
    • Company size: 2–10 Employees
    • Used Daily for 1-5 months
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 8.0 /10

    Shopventory Has Helped Manage Our Inventory

    Reviewed on 2023/06/09

    The customer service at Shopventory is amazing! The inventory management has really been great. I...

    The customer service at Shopventory is amazing! The inventory management has really been great. I love the detailed reports. It’s a great addition to our Shopify account.

    Pros

    I like the cost averaging feature, first in/first out for products and being able to add freight costs to purchase orders. I also like all the notes you can add in.

    Cons

    You can make any adjustments in Shopify because Shopventory will override them. No barcode/scanning options on the Standard plan.

    Response from Shopventory

    Hi! Thank you for the review.

    Our cost averaging features are super powerful. They help you get to the exact profitability of your products! We also support Lot Costing which works on a FIFO basis.

    We're happy to hear you love our customer support. They love working with you too!

    Wyatt
    Overall rating
    • Industry: Automotive
    • Company size: 2–10 Employees
    • Used Daily for 1-5 months
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 4.0 /10

    Looks good, but has a surprising amount of limitations for an inventory system

    Reviewed on 2022/06/21

    I was sold on the Demo that was provided, but after getting into the weeds of the product I learned...

    I was sold on the Demo that was provided, but after getting into the weeds of the product I learned more about what our company needed and was shocked at how many limitations there are. We are now in the process of finding a more robust system.

    Pros

    It can integrate 2 shopify stores into 1 inventory source.

    Cons

    The list is pretty lengthy. Hopefully they can be fixed, but I've not seen any progress or even mention of progress over the past several months of using this software.
    - Can't edit or update POs
    - Can't see sku numbers when updating inventory at a product level
    - PAR inventory levels on auto POs don't factor anything that is already on order
    - Can't search for a PO by part number

    Those are just a few off the top of my head...

    Response from Shopventory

    Hi there - we really appreciate you leaving this review and all the feedback!

    We review all product feedback regularly and will make sure to add these points to the list.

    If you have any other pieces of feedback please feel free to reach out to us directly. We'd love to have a conversation with you!

    Shawn
    Overall rating
    • Industry: Retail
    • Company size: 2–10 Employees
    • Used Daily for 6-12 months
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 10.0 /10

    Customer Service is AMAZING

    Reviewed on 2023/06/20

    Using the Clover POS is a nightmare for inventory control. It constantly loses information after...

    Using the Clover POS is a nightmare for inventory control. It constantly loses information after it's been entered in. Thrive completely changed that for us! Now all of our inventory is bang on. It's easy to check activity on any sku and figure out where discrepancies may have happened.

    Pros

    Simple and easy to use interface. Customer service is by far the standout feature at Thrive. The entire team is SUPER helpful and are there to answer any questions you might have. When we first started with Thrive, I chatted with them almost daily for two months as I figured everything out. Absolutely fantastic!

    Cons

    The jump between their pricing tiers is kind of ridiculous and the next tier is very expensive. It would be great if you could add features a la carte. Also dislike that it counts gift cards as sales.

    Response from Shopventory

    We appreciate you leaving this great review, Shawn! Our customer service team is always happy to work with you.

    We're always thinking through how to better price our product for businesses like yours. We really appreciate hearing your feedback!

    Eric
    Overall rating
    • Industry: Retail
    • Company size: 2–10 Employees
    • Used Daily for 1+ year
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 10.0 /10

    Best solution for syncing Square and WooCommerce inventories

    Reviewed on 2023/03/29

    We were using Square as our in-store POS and WooCommerce as our e-commerce platform, and this is...

    We were using Square as our in-store POS and WooCommerce as our e-commerce platform, and this is hands-down the best solution for inventory management in this use case. There are some quirks with Shopventory's bulk edit system that made certain tasks difficult (such as bulk changing categories) and there are inherent weaknesses in trying to use Square and WooCommerce together but this made a world of difference when we switched to it from a competitor—especially since Shopventory support and documentation are super helpful and competent.

    Pros

    Highly detailed stock history, super fast export of all SKUs with inventory quantity.

    Cons

    Making bulk changes to the product details can be unintuitive at times, and these bulk imports can take a long time to process.

    Response from Shopventory

    Hello and thank you for this great review of how Shopventory syncs your Square and WooCommerce sales channels!

    We love hearing you enjoy our detailed stock history. That's our bread and butter!

    We've made a TON of updates to our bulk update tool. Speed was made a top priority! We're sure you've seen these already but if not please check them out!

    Showing 5 reviews of 96 Read all reviews

    Thrive by Shopventory FAQs

    Below are some frequently asked questions for Thrive by Shopventory.

    Thrive by Shopventory offers the following pricing plans:

    • Starting from: US$129.00/month
    • Pricing model: Subscription
    • Free Trial: Available

    * 30-day full-feature free trial - no credit card required * • Standard Plan: $99/month or $79/month on annual billing • Professional Plan: $249/month or $199/month on annual billing • Elite Plan: $499/month or $399/month on annual billing • Enterprise Plan: $999/month or $799/month on annual billing

    Thrive by Shopventory has the following typical customers:

    Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000

    Thrive by Shopventory supports the following languages:

    English, French, Spanish

    Thrive by Shopventory supports the following devices:

    Android (Mobile), iPhone (Mobile), iPad (Mobile)

    Thrive by Shopventory integrates with the following applications:

    BigCommerce, Clover, Instagram, PayPal, QuickBooks Online, Shopify, Square Point of Sale, Stripe, WooCommerce

    Thrive by Shopventory offers the following support options:

    Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat

    Related categories

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