Cloud inventory software is an application that operates in the cloud. It allows businesses to manage their stock levels effectively. This inventory management system processes inventory data in real time and integrates it with existing systems.
Businesses can track inventory movements and manage inventory control easily. They can also generate accurate inventory reports and manage purchase orders without hassle. Common features include barcode scanning, low stock alerts, and mobile access. These features improve inventory accuracy and visibility across the organization.
In today’s fast-paced digital world, cloud-based inventory management is essential for several reasons:
Businesses can access real-time insights into their inventory levels, helping them predict future demand and make informed decisions based on accurate data.
Cloud-based systems enable tracking inventory at the SKU level, providing updates on stock levels and minimizing bottlenecks in the supply chain.
Inventory tasks are automated with cloud software, reducing manual errors and freeing up staff to focus on strategic activities.
Cloud-based systems allow businesses to access inventory data from anywhere with an internet connection. This flexibility enhances responsiveness, operational agility, and control over stock status to meet customer demand.
Improved coordination of shipments and deliveries enhances supply chain efficiency, leading to business growth and increased customer satisfaction.
Cloud software can easily adapt to business growth, meeting evolving needs without significant overhead.
Cloud-based inventory management helps organizations maintain accurate records, supports strategic decision-making, and enhances operational efficiency. In today’s digital landscape, it is indispensable for businesses to stay synchronized with their inventory.
Xero is the world’s biggest cloud accounting and inventory platform, adopted by millions of businesses worldwide, but remains very popular among small business owners in industries like cafes, retail, and hospitality. It’s intuitive and easy to navigate through the accounts, which can be done from any device that connects to the internet to manage inventory across multiple locations, whether a laptop, desktop, mobile, or tablet, and now even more easily with the Xero Mobile Software Application.
Packages / Price Range | Starter, Standard, Premium RM 130 - RM 330 monthly |
Free Trial | 30-Day Free Trial to access all of its features. |
Type of System | Cloud Accounting Software |
Multiple Users | Unlimited |
Key Feature of Inventory Management |
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Security | All information in Xero is stored on an online server that is securely protected using encryption via SSL. |
Multi-currencies accounting | You can instantly perform currency conversions with updated rates for more than 160 countries. |
App Integration | It connects with over 1,000 applications, including CRM, inventory management, invoicing, payroll software, and many others. |
Customisable | Included in this are templates for quotes and invoices, tax rates, and a dashboard. |
Support | You can take a course, follow a tutorial, or contact CALTRiX for more assistance. |
Unleashed is an online inventory management solution targeted at small and medium-sized businesses. It automates inventory processes to make them easier. This tool will efficiently stock and order management. Unleashed can serve both B2C and B2B sectors. It serves manufacturers and wholesalers, enhancing operational efficiency and providing real-time visibility over inventory. Unleashed is a good option for growing businesses. It offers scalable inventory solutions with strong customer support across various industries.
Packages / Price Range | Medium, Large, Large Plus RM 1,695-RM 4,850 monthly Optional modules with powerful features RM 130 - RM 580 monthly. |
Free Trial | 14-Day Free Trial |
Type of System | Cloud-based inventory management software |
Multiple Users | Limited 3-20 users, depending on the selected plan. Additional user pricing starts from RM 350. |
Basic Feature of Inventory Management |
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Security | Unleashed provides data security through daily global replication, encryption, TLS data transfer, and continuous threat monitoring. Regular penetration testing and frequent updates enhance security. |
App Integration | Unleashed integrates with trusted third-party apps like Xero, Lightspeed, and Crossfire. It also supports custom API integrations with comprehensive documentation and assistance. |
Support | Contact the team to learn how Unleashed helps their clients grow. Support is also available for app advisory services. |
Cin7 is a leading cloud based inventory management platform that enables the smoothing of operations and growth of businesses by connecting various systems, channels, and marketplaces for instantaneous views of inventory. The core advanced tools comprise ForesightAI, which enables a business to foresee demand and act in the best manner for its inventory management.
Cin7 is particularly fitting for small to medium-sized businesses. It works well for those who are self-sufficient and need minimal training and support. This makes it a good choice for companies comfortable managing business tools on their own.
Packages / Price Range | Standard, Pro, Advanced RM 1,550-RM 4,500 monthly If required for a fully integrated and multi-channel product, contact Cin7 for pricing information. |
Free Trial | 14-Day Free Trial |
Type of System | Cloud inventory management software |
Multiple Users | Limited to 5-15 users, depending on the selected plan. Additional user pricing starts from RM 350. |
Key Feature of Inventory Management |
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Security | Cin7 ensures security with unique logins, two-factor authentication, sensitive data encryption, and regular audits. The platform is GDPR-compliant and hosted on Microsoft Azure for high availability. |
App Integration | Cin7 Core and Omni boost productivity through 700+ integrations with various tools. Pre-built connections enhance functionality and create seamless workflows to optimize operations. |
Support | Cin7 provides accessible contact options via a help center and office locations for sales, support, and media-related inquiries. |
Katana, also referred to as Katana Cloud Inventory or Katana MRP, is a leading inventory management software. It is specially built for small to medium-sized manufacturing enterprises. Katana offers features to make manufacturing easier. This software is highly applicable in industries like electronics, food and beverage, and furniture manufacturing. Katana aims to enhance operational efficiency and improve customer satisfaction. It makes sure that a business has the right stock at the right time. Its flexibility and comprehensive support make it an excellent choice for manufacturers wanting to optimize their inventory management processes.
Packages / Price Range | Starter, Standard, Professional RM 795 - RM 3,600 monthly |
Free Trial | 14-Day Free Trial |
Type of System | Manufacturing Inventory Software |
Multiple Users | Unlimited |
Key Feature of Inventory Management |
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Security | Katana Cloud Inventory secures data with encryption, strict access controls, and hosting via AWS. Regular backups and a disaster recovery plan are in place. |
App Integration | Katana integrates with tools like Xero and BigCommerce to streamline workflows and optimize operations. |
Support | Katana provides support through educational resources, a partner directory, regular product updates, and a developer portal for custom workflows and apps. |
Bukku is a cloud-based accounting and inventory management software designed for small business owners in Malaysia. Over 1,600 companies are currently using the services of Bukku. It partners with hundreds of accounting firms across the country, which helps keep the prices low and solutions effective. In any case, Bukku simplifies many accounting tasks: it will help manage the books while one focuses on inventory.
Packages / Price Range | Launch, Growth, Premium RM0-RM99 / month |
Free Trial | Free invoice solution for new startups. |
Type of System | Cloud Accounting Software |
Multiple Users | For free, it is only limited to one user. For the Growth plan, it is limited to 2 users, and the Premium plan includes unlimited users. |
Key Feature of Inventory Management |
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Security | Security is a priority at Bukku. It deploys SSL encryption for data in transit and secure server storage. Strict access controls prevent unauthorized access, protecting against breaches. Users can trust that their information is secure. |
App Integration | Bukku integrates with accounting firms, payroll systems, e-invoicing networks, and banking solutions. This allows users to automate payroll transactions and enhance financial management efficiency. |
Support | Bukku provides strong support through live chat and customer service. Users can also access detailed release notes and step-by-step guides created by the Bukku Accounting Team. |
Start by defining your budget. Include both initial costs and ongoing expenses, such as implementation and training.
Assess your specific business needs. Identify the key challenges the software needs to address.
Check if the solution can grow with your business. Look for options that allow for upgrades as your needs change.
Identify key features that must be within your operations. Key features may include real-time tracking and comprehensive reporting.
Assess the level of security inherent in the product. Seek to ensure the software provides highly secure data and access protections.
Inventory accounting involves valuing and maintaining a company’s inventory, which comprises raw materials, items in progress, and finished goods. Companies understand financial health by monitoring the fluctuations in the value of inventory. It will enable the business to make wise decisions regarding pricing, budgeting, and enhancing profits. Let us explore the top 5 cloud accounting software in Malaysia!
Yes, you can import and export the inventory details with the help of inventory software. It allows you to import data using a CSV file. You can export lists of items in CSV or PDF format. This adds more power to your control over inventory. It also cuts down on errors and time wasted in manual processes.
Cloud-based software selection is a very crucial decision to stay on top in ecommerce. First, identify the features you need, and then explore options that offer free trials. This software is key to attaining real-time visibility and operational efficiency.
The article reviews the top five options for cloud inventory software. It also identifies the main things to consider for your investment. Keep in mind your budget and the specific needs of your business. Also, think about scalability and security. This will let you make an informed choice for choosing the right inventory management software.
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CALTRiX | Xero Malaysia Gold Partner | Cloud Accounting Service
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