Editor’s Note: This blog post was originally published in January 2012 and has been completely revamped and updated in November 2022 for better understanding and comprehensiveness.
In our recent ERP guide, we covered business software basics and how to choose the right software for your business. We also posted a very interesting study regarding business software adoption and what’s necessary for people to use ERP. The time has come to see how Megaventory stack up against those criteria and helps you decide whether Megaventory has the best inventory management software.
Let’s Analyze The Prosses
For the sake of argument let’s assume you run an imaginary company, MegaComp Corporation, a 9-employee company in the apparel industry spread in 4 locations within North America with worldwide operations. Your MegaComp Corporation has not been around that long but it’s enough to start feeling the pain of holding it all together using Excel or Google Docs. As such, you are in the market for a solution to organize your business primarily in terms of inventory & order management.
Megaventory lies in the sweet spot between features and usability. We are not SAP, Oracle, or Netsuite and we don’t want to be like them. They are designed to cover large enterprises with hundreds of different operations. Medium businesses like yours have completely different needs: you need a set of features to run MegaComp Corporation effectively but not such a heavy set that will distract you from getting the job done. The features should primarily aim at tracking the flow of inventory and the changes from sales and purchases. All interactions between MegaComp Corporation and your clients and suppliers should be handled and logged in a simple and easy manner. At the same time, a good reporting tool will give insights about which products sell best or worst, their availability, and total inventory value – to name just a few of the figures you, as a manager, might need.
Data Visualization & Export
Megaventory provides a pleasant and helpful platform. You and your employees can easily understand and follow through on what’s going on in the company at any given time. Obviously, the data should also be easily exportable in all common formats for use outside the application, for example by collaborators.
We have put a lot of effort to keep the learning curve of Megaventory as low as possible with a design that is so simple and subtle that it doesn’t get in the way. Explanatory diagrams are important in the layout and bring to life what’s going on when someone performs an action. Online help tips provide on-the-spot clarifications eliminating almost any need to contact support. The initial set-up tutorial of Megaventory is self-descriptive and -at the same time- explains the basic functionalities of the software.
The industry standard is present in megaventory.com with 128-bit encryption being used for login and data transfers while daily & weekly server backups provide insurance against disaster. All in all, we address most concerns a small business owner might have for his business data.
The usual approach of uploading a CSV with the various company data is available. We also offer spreadsheet templates that make data import as effortless and fast as humanly possible.
Since megaventory.com works purely on the cloud we take all of your maintenance worries off your mind. Also, we handle everything in the background including hardware and software upgrades, repairs, and backups. Other than that, there is email support for those rare times that something does go wrong or needs clarifying – and of course, we’re available on this blog and Twitter!
In the latest update, we are pushing the necessary feature of partial sales and purchases and we’ll introduce history logs along with a number of other features. It is also worth mentioning that Megaventory supports 8 languages other than English and can be seamlessly used from a tablet platform.
Our pricing is probably the sweetest asset of megaventory.com. Starting packages go for as little as USD135/month for 5 users & 20 locations making it ideal for your MegaComp or any other small and medium business. That is as low as 27 dollars per user per month. You simply cannot get a better deal than that.
Megaventory scores are high in all major points! It offers a feature set that covers most needs of a typical multi-location small business. While at the same time enabling a super rapid adoption due to our expertly designed user interface.
Dimitris Athanasiadis oversees Operations and Customer Relations in Megaventory.