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.
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.
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.
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.
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.
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!
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.
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.
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.
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!).
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.
FAQs for Megaventory
Below are some frequently asked questions for Megaventory.
Q. What type of pricing plans does Megaventory offer?
Megaventory has the following pricing plans:
Starting from: $150.00/month Pricing model: Subscription Free Trial: Available (No Credit Card required)
Q. Who are the typical users of Megaventory?
Megaventory has the following typical customers:
Small Business, Large Enterprises, Non Profit, Mid Size Business
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