Thrive by Shopventory

shopventory.com
Inventory Management
Few Days

Smarter Business, Simpler Inventory

How to Replace Thrive by Shopventory

Overview

Thrive Inventory is a central hub for inventory management and reporting that reduces manual processes and helps businesses manage their inventory across multiple locations and sales channels. It provides real-time inventory tracking, reporting, and automation tools designed for retail, food service, and e-commerce businesses. The platform integrates with popular POS and e-commerce systems to streamline inventory operations and save approximately 1 hour per day per location.

Features

73 features across 19 categories

AI(7)

AI AssistAIPremium

Power up business operations with AI that handles stock forecasting, auto-adding min/max levels, updating product details, creating new products and vendors, and importing purchase orders and invoices

Auto Create New ProductsAIPremium

Automatically create new products from sales data

Auto Create New VendorsAIPremium

Automatically create new vendor entries

Auto Update Product CostsAIPremium

Automatically update product costs

Auto Update Product DetailsAIPremium

Automatically update product information

Import Purchase Orders & InvoicesAIPremium

Import purchase orders and invoices with AI assistance

Stock ForecastingAIPremium

Intelligent forecasting to predict inventory needs and optimize stock levels

Also in: monday.com, Notion, Airtable

Accounting(1)

Invoicing

Create and manage invoices

Also in: Jobber, Melio, Lemonway

Alerts & Automation(4)

Alerts & Min/Max Levels

Condition-based alerts and minimum and maximum stock levels by location to prevent stockouts

Email Notifications

Receive email alerts and notifications

Low Stock Alerts

Receive alerts when inventory drops below minimum levels

Min / Max Levels

Set minimum and maximum stock levels for inventory management

Barcode & Scanning(7)

Barcode Generation

Generate barcodes for products

Label Printing

Print price tags and labels using Dymo, Brother, or Avery label printers

Scan-to-Count Cycle Counts

Connect wireless or wired barcode scanner to computer or tablet to save hours doing cycle counts with manager approval requirements

Scan-to-Create Invoices

Use barcode scanner to create invoices

Scan-to-Create Purchase Orders

Use barcode scanner to create purchase orders

Scan-to-Create Stocktakes

Use barcode scanner to create stocktakes

Scan-to-Create Transfers

Use barcode scanner to create inventory transfers

Compliance & Tax(1)

Sales Tax Management

Manage and track sales tax across locations and channels

Core Inventory(1)

Real-Time Inventory Management

Track inventory levels across multiple products and locations in real-time with automated syncing

Data Import/Export(1)

Spreadsheet Bulk Upload

Easily create, edit and receive inventory with spreadsheets using Google Sheets integration

Integration(1)

Multi-Channel Syncing

Manage and optimize inventory across all sales channels with one platform

Also in: monday.com, Notion, Airtable

Inventory Control(4)

Automated Stock TransfersPremium

Automatically transfer stock between locations based on rules

Basic Internal Transfers

Transfer inventory between locations

Returns Management

Track and manage product returns

Stocktakes and Approvals

Conduct inventory stocktakes with manager approval workflows

Localization(1)

Global Currency SupportPremium

Support multiple currencies for international operations

Mobile(1)

Barcode Scanner App

Mobile app for barcode scanning on tablets and smartphones

Multi-Location(1)

Multi-Location Syncing

Run a healthy multiple location business with centralized inventory management system built for growth

Procurement(3)

Automated Purchase OrdersPremium

Automatically generate and process purchase orders based on inventory levels

Purchase Orders

Create and receive purchase orders with business logo and paper trail tracking

Vendor Management

Assign items to vendors for easy re-ordering and manage contact information and internal notes

Product Development(1)

Beta Feature AccessPremium

Early access to new features in beta

Product Management(16)

Assemblies

Create and manage product assemblies with component tracking

Average Costs

Calculate and track average product costs

Bill of Materials

Spend more time crafting products and less time tracking stock for raw materials with proper quantity deduction and credit

Catalog / Menu Management

Create and manage product catalogs and menus

Expiration Dates

Track and manage product expiration dates

Kits / Bundles

Create and manage product kits and bundles

Lot Costs

Track costs associated with product lots

Modifier Configuration

Configure modifiers for products and recipes

Modifier Inventory Tracking

Track inventory deduction for recipe modifiers like espresso shots, extra pickles, or custom ingredients

Pricing Calculator

Calculate product pricing based on costs and margins

Product Bundling

Combine multiple products together and track inventory when selling finished bundle items

Product Information Management

Clean up and centralize product catalog across multiple sales channels

Product Photos

Upload and manage product photos

Recipe / Ingredient Management

Manage recipes and ingredient inventory

Recipes

Take a group of ingredients and turn them into a final component or part of a dish

SKU Creation

Create and manage product SKUs

Reporting(14)

Custom Dashboards

Create customized dashboard views with reporting insights

Dead Inventory Reports

Identify slow-moving or non-selling items

Franchise Reporting

Reporting specifically designed for franchise operations with multiple locations

Inventory & Sales Reporting

Comprehensive reporting designed for businesses with one location or hundreds, showing profitability, inventory valuation, and remaining stock

Inventory Change Reports

Track and report on inventory level changes over time

Inventory Valuation Reports

Calculate total inventory value and cost of goods sold

Low Inventory Reports

Report on items below minimum stock levels

Product Profitability Reports

Analyze profitability by product

Region / District Reporting

Report on performance by region or district for multi-location businesses

Sales Goal Tracking

Track and monitor sales goals against actual performance

Saved Reports

Save and reuse custom reports

Scheduled Reports

Automatically schedule and receive reports on a regular basis

Unsold Product Reports

Identify products that have not sold

Vendor Performance ReportsPremium

Track and analyze vendor performance metrics

Security & Access(3)

Multifactor Authentication

Secure accounts with multifactor authentication

Theft / Discount Tracking

Track discounts and potential theft in inventory

User Access Control

Manage user permissions and roles with detailed user-specific logging

Voice Control(1)

Alexa Voice CommandPremium

Control inventory functions using Amazon Alexa voice commands

Wholesale(5)

Dynamic Price Lists

Create and manage different price lists for wholesale and retail customers

Payment Terms

Manage payment terms for wholesale and other customers

Wholesale Customer Management

Manage wholesale customers separately with dedicated tools

Wholesale Management

Power all sales channels with wholesale capabilities including customer management and dynamic pricing

Wholesale Reporting

Dedicated reporting for wholesale business operations

Pricing

Starter

$49/mo or $588/year
  • 1 User
  • 1 Location
  • 1 Integration
  • AI Assist
  • 1 Year Order History
  • 1 Year Reporting
  • 1,500 Transactions/mo
  • Unlimited Products/SKUs
  • Catalog/Menu Management
  • SKU Creation
  • Modifier Configuration
  • Price Tag/Label Printing
  • Spreadsheet Bulk Upload
  • Min/Max Levels
  • Low Stock Alerts
  • Stocktakes and Approvals
  • Basic Internal Transfers
  • Basic Purchase Orders
  • Barcode Generation
  • Scan-to-Create Stocktakes
  • Scan-to-Create Invoices
  • Scan-to-Create Purchase Orders
  • Scan-to-Create Transfers
  • Custom Dashboards (1)
  • Sales Goal Tracking (1)
  • Product Profitability Reports
  • Inventory Change Reports
  • Dead Inventory Reports
  • Inventory Valuation Reports
  • Low Inventory Reports
  • Unsold Product Reports
  • Saved Reports
  • Vendor Management
  • Kits/Bundles
  • Recipe/Ingredient Management
  • Assemblies
  • Bill of Materials
  • User Access Control
  • Theft/Discount Tracking
  • Multifactor Authentication
  • Email Support
  • Mobile Enabled
  • Dashboard Reporting App
  • Barcode Scanner App

Standard

$109/mo or $1,308/year
  • 2 Users
  • 2 Locations
  • 2 Integrations
  • AI Assist
  • 3 Years Order History
  • 3 Years Reporting History
  • 3,000 Transactions/mo
  • Unlimited Products/SKUs
  • All Starter features
  • Dymo Label Printing
  • Brother Label Printing
  • Avery Label Printing
  • Intelligent Stock Forecasting
  • Vendor Performance Reports
  • Franchise Reporting
  • Region/District Reporting
  • Scheduled Reports
  • Wholesale Customer Management
  • Dynamic Price Lists
  • Wholesale Reporting
  • Payment Terms
  • Email/Live Chat Support

Professional

$229/mo or $2,748/year
  • 5 Users
  • 5 Locations
  • 5 Integrations
  • AI Assist
  • Unlimited Order History
  • Unlimited Reporting History
  • 10,000 Transactions/mo
  • Unlimited Products/SKUs
  • All Standard features
  • Automated Purchase Orders
  • Automated Stock Transfers
  • Global Currency Support
  • Alexa Voice Command
  • Email/Live Chat/Phone Support

Elite

Popular
$469/mo or $5,628/year
  • 10 Users
  • 10 Locations
  • 10 Integrations
  • AI Assist
  • Unlimited Order History
  • Unlimited Reporting History
  • 25,000 Transactions/mo
  • Unlimited Products/SKUs
  • All Professional features
  • Email/Live Chat/Phone Support
  • Request Demo

Enterprise

$999/mo (custom pricing available)
  • 20 Users
  • 20 Locations
  • 20 Integrations
  • AI Assist
  • Unlimited Order History
  • Unlimited Reporting History
  • 75,000 Transactions/mo
  • Unlimited Products/SKUs
  • All Elite features
  • Dedicated Account Manager
  • Custom support

Cost Calculator

Keep Paying Thrive by Shopventory

Monthly$49/mo
Yearly$588/yr
5-Year Total$2.9k

Build It Yourself

Est. Build Time~8 hrs
Hosting$20/mo
DifficultyEasy

Total Cost Comparison

1 YearSave $348
SaaS
$588
DIY
$240
3 YearsSave $1k
SaaS
$1.8k
DIY
$720
5 YearsSave $1.7k
SaaS
$2.9k
DIY
$1.2k

DIY hosting estimate based on Vercel + Supabase free/pro tiers (~$20/mo). Build time estimated from 73 features at easy complexity.

Build vs Buy

Should you build a Thrive by Shopventory alternative or buy the subscription? Estimate based on 73 features.

Buy Thrive by Shopventory

Better Value
Monthly cost$490/mo
3-year total$17,640
Time to deployDays

Build Your Own

Development cost$60,000
Maintenance$900/mo
3-year total$92,400
Dev time~5 months

Buying Thrive by Shopventory saves ~$74,760 over 3 years vs building.

Estimates based on 73 features and a BuildScore of 4/5. Actual costs vary.

Integrations

13 known integrations

BigCommerceCloverFacebook ShopsGoogle for RetailGoogle SheetsInstagram ShopsQuickBooks OnlineShopifyShopify POSSquare OnlineSquare POSStripeWooCommerce