Megaventory Pricing, Features, Reviews & Comparison of Alternatives

Megaventory

Cloud Order, Inventory and Manufacturing Management Software

4.44/5 (100 reviews)

Megaventory overview

What is Megaventory?

Megaventory is a cloud inventory management and order fulfillment software solution with strong manufacturing and reporting capabilities aimed at medium-sized businesses.

It can handle purchase orders to suppliers, invoicing and tracking associated inventory increases (as well as returns to vendors). It can also support sales order fulfillment and the necessary stock increases (again complete with return tracking). Other scenarios are supported as well such as selling on consignment, pre-ordering, drop-shipping and various other workflows useful in brick and mortar shops or e-commerce stores.

Manufacturing is also supported as is kitting (bundling) along with bulk processing in these types of processes. Bills of materials, partial receipts and allocations and labor costs can also be tracked and the associated paperwork is also provided. A large number of reporting features are also provided (for example reports such as inbound and outbound movements, availability levels, gross profit, inventory value, etc).

Other various features are also included by default such as sophisticated user permissions, full data import and export, multiple currencies and exchange rates, pricing rules, significant self-localization and customization elements (including creating custom documents) and a rich API.

Enjoy the user-friendly interface and comprehensive customer support.
www.megaventory.com

Pricing

Starting from
$150/month
Pricing options
Subscription
Free trial
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Canada, United Kingdom, Australia, China and 5 other markets, India, Japan, Germany, Brazil, Mexico

Supported languages

English, Arabic, French, German, Portuguese, Spanish
Megaventory screenshot: Purchase OrderMegaventory screenshot: Purchase OrdersMegaventory screenshot: Add Single ProductMegaventory screenshot: View ProductsMegaventory screenshot: Localize MegaventoryMegaventory screenshot: User AccountsMegaventory screenshot: User AccountsMegaventory screenshot: Inventory AdjustmentMegaventory screenshot: On-Hand Inventory AlertsMegaventory screenshot: Print BarcodesMegaventory screenshot: Product MovementMegaventory screenshot: Manufacturing Production OrderMegaventory screenshot: Purchases ReportMegaventory screenshot: Availability Levels ReportMegaventory screenshot: Sales Order ListsMegaventory screenshot: Purchase Order Lists

Megaventory user reviews

Value for money
Features
Ease of use
Customer support
  4.6
  4.2
  4.4
  4.8
Tia Tagliaferro

Perfect for scaling manufacturing companies with multiple distribution outlets

Used daily for 6-12 months
Reviewed 2020-10-22
Review Source: Capterra

We have gained a better understanding of our inventory with customizable reports and tracking.

Pros
I loved the simplicity and ease of use of the software, as well as the customer service! The team was INCREDIBLE in helping us set up the software and customizing it to our needs. I have never encountered this level of customer service with any other software company we tried.

Cons
They are working on implementing batch tracking which is one feature we could use.

Response from Megaventory


Thank you for your review! Really appreciate it!

*Update: Megaventory now supports Batch Numbers and Expiry Dates.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Jyotsna Pattabiraman

A low-drama inventory and manufacturing option for D2C brands

Used daily for 1-2 years
Reviewed 2019-09-12
Review Source: Capterra

As a cloud kitchen and direct to consumer brand, keeping a tab on consumption was a real challenge. Other options were either for manufacturing or retail sales; Megaventory was flexible enough to be wrangled in to a solution wherein we manufactured and procured. Support was terrific, I would say that they are the absolute best when it comes to support/consultation. They worked closely with me to answer every question. Highly recommend.

Pros
* Get started quickly * Grows with you * Multiple locations * Easy to add and update data * Reliable - no outages * Integrates with Quick Books Online ( QBO) and Shopify * Amazing customer support with passionate/knowledgable agents

Cons
* Usability for a naive user could be better * Reports are not the greatest * Calculating consumption still a manual task * No option for local pricing of an SKU * Expensive for consumer play that might have hundreds of thousands of customers

Response from Megaventory


Hey Jyotsna,

thank you for your review and for your nice words about our support team. Indeed we are really passionate about operations and software and we try to help whenever possible!

As for the user interface, we have designed a new user interface that will launch very soon. It is a complete revamp of the current version with many improvements.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 8/10

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Litaba Mohatle

Megaventory made easy

Used weekly for 2+ years
Reviewed 2021-02-04
Review Source: Capterra

I initially lost track of my stock but with introduction of this software, I am now able to pull a report that will make me remember where I shipped a certain product to and who took that equipment there. Moreover, I easily identify stock differences with the system by pulling a report in excel format.

Pros
The theme of the software is user friendly. The buttons self explanatory. Easy navigable. Good track of stock.

Cons
Initially it was somehow difficult to interprete its content, but now easy to understand.

Response from Megaventory


Thank you for your kind words! We're constantly applying interface improvements to make the onboarding easier - we're open to suggestions too!

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Steven Dixon

Good support but its so complicated

Used daily for 6-12 months
Reviewed 2018-01-23
Review Source: Capterra

Pros
Great and quick support, i like that it is based online but it really doesn't give you much more than what you can make out of a spreadsheet the new layout isnt really any better than the old one and it would be better to update the contents rather than just the cosmetics.

Cons
Why cant there just be one page which has all the information on it. ie stock quantities, price etc, etc updating an item is not simple and trying to do an inventory check is very complicated The quotes do not look very customer friendly and you cant adapt anything,

Response from Megaventory


Hello,

we understand your frustration with regards to the complexity of our application and we're dedicated to simplifying its usability - hence the recent redesign of certain elements.

By definition any order management software cannot be about a single page where information is updated.

For your day to day transactions you do a Purchase Order or a Goods In to add stock. Similarly, you do a Sales Order or Goods Out to remove stock.

If you want to update your stock to correct errors, take into account damaged goods, etc you can do an Inventory Taking process.

What we don't support is on the fly manually changing the number corresponding to the stock of a product (as this doesn't leave any record of why and how this happened) which would defeat the purpose of having a management system.

Having said that the inventory taking process does include spreadsheets and is as such clunky - we have a solution planned for that.

Thank for your detailed review and feedback.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 1/10

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Bryan Heisz

Used Mega for 7+ years. Its great at what it can do.

Used daily for 2+ years
Reviewed 2021-02-03
Review Source: Capterra

Overall I would highly recommend Megaventory. You have to have an understanding of what you need, and if its the basic, Mega excels at that and will get you off spreadsheets quickly. Great customer service, not too expensive and a reliable system that works and is easy to learn and use.

Pros
Easy to use. Easy to Train. Easy to set-up. Can do all of the basics. Tracks everything. Customer Service([SENSITIVE CONTENT HIDDEN] are extremely responsive). Very little downtime(never more than a few minutes over a 7+ year period of daily+ useage)

Cons
Not the best for high volume of order processing. Not the most intuitive program. Can be slow at times.

Response from Megaventory


Thanks for the kind words - it's in our plans to roll out bulk processing of sales and purchases too (already available in production orders!).

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 8/10

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Megaventory pricing

Starting from
$150/month
Pricing options
Subscription
Free trial
View Pricing Plans

Pro: $150/month for 5 users, 50k transactions.
Enterprise: Contact Megaventory for detailed pricing information.

Megaventory features

API
Activity Tracking
Customizable Reporting
Data Import/Export
Inventory Management
Inventory Tracking
Monitoring
Real Time Reporting
Reporting & Statistics

Activity Dashboard (690 other apps)
Audit Trail (369 other apps)
Auditing (402 other apps)
Automatic Notifications (565 other apps)
Billing & Invoicing (340 other apps)
Compliance Management (462 other apps)
Document Management (406 other apps)
Document Storage (355 other apps)
Real Time Data (375 other apps)
Third Party Integration (526 other apps)
Workflow Management (491 other apps)

Security and privacy

Encryption

Encryption of sensitive data at rest
HTTPS for all pages

Access control

Multi-factor authentication options
This will ask you to sign in with LinkedIn

Additional information for Megaventory

Key features of Megaventory

  • Access control
  • Accounting integration
  • Activity tracking
  • Actual costing
  • Alerts/escalation
  • Application integration
  • Automatic backup
  • Batch numbers
  • Bill of material analysis
  • Bills of material
  • Business intelligence
  • CRM integration
  • Client management
  • Collaborative inventory control
  • Consignment sales & purchases
  • Contact database
  • Contact management
  • Currency conversion
  • Custom automatic invoice numbering
  • Custom development
  • Custom fields
  • Customer database
  • Customizable reporting
  • Customizable templates
  • Data import/export
  • Delivery notes
  • Delivery tracking
  • Demand forecasting
  • Discount management
  • Dropshipping sales & purchases
  • English, German, French, Spanish, Portugeuse, Arabic, Greek
  • Expiration dates
  • FIFO
  • History tracking
  • Import/export data in TXT, CSV, HTML Format
  • Inventory management
  • Inventory replenishment
  • Inventory tracking
  • Invoice management
  • Invoice processing
  • Landed cost
  • List printing
  • Lot numbers
  • Manufacturing tracking
  • Monitoring
  • Multi-channel management
  • Multi-currency
  • Multi-location
  • Multiple inventory locations
  • Multiple levels manufacturing
  • Multiple user accounts
  • Order entry
  • Order management
  • Order processing
  • Order tracking
  • Permission management
  • Price management
  • Print barcodes in various formats
  • Process orders in bulk for quick management
  • Product barcodes can be scanned and printed
  • Product control
  • Purchase order management
  • QuickBooks integration
  • Quickly check log of available backups of data
  • Quotes management
  • Real time reporting
  • Receipt management
  • Receiving
  • Report creation
  • Resource allocation
  • Retail inventory management
  • Returns management
  • Sales orders
  • Sales reporting
  • Sales tracking
  • Scan barcodes while creating sales and purchase orders
  • Self-service customization of all app text
  • Serial number tracking
  • Set stock alert levels and inventory availability levels
  • Shipping management
  • Software inventory
  • Stock management
  • Supplier management
  • Supply chain planning
  • Template management
  • Text editing
  • Vendor management
  • Warehouse management
  • Work history
  • Work order management
  • eCommerce integration
  • eCommerce management
View All Features

Benefits

Monitor all product flow in and out of the business - ensure no product is lost or misplaced.
Issue and maintain a detailed record of invoices and other documents - makes sure users have a complete record of all important transactions.
Track product inventory and availability at any point in time - guarantees users are always able to know their stock situation with accuracy.
Manage manufacturing processes and ensure minimal raw material loss and wastage - no more inventory inaccuracies when creating finished goods.
Create and save detailed and drill-down reports of all aspects of their business - the best way to identify inefficiencies and correct them.