What Is a Good Inventory or Asset Tracking System for a Small Business?
Small businesses need inventory and asset tracking software that is simple to use, provides the essential tracking features they need, and can scale as their operations grow. BarCloud Lite is our simplest, entry-level option designed for small businesses and teams with straightforward inventory or asset tracking needs.
With the Lite plan, you can choose either our Inventory Management Software or Asset Tracking Software based on what your business needs to track. Choose Inventory Management Software to manage stock, supplies, quantities, locations, and inventory activity. Choose Asset Tracking Software to manage equipment, tools, IT assets, fixed assets, and other business assets.
BarCloud Lite gives small businesses an easy starting point for managing inventory or assets while giving you the ability to move to a more advanced BarCloud plan as your business and tracking needs grow.
Here is what our Lite plan can offer your business:
500
Assets
500
Stock Items
500 MB
of Storage
Lite Plan
| Feature | Availability |
|---|---|
| Data import | Included |
| Receive | Included |
| Move | Included |
| Issue | Included |
| Dispose | Included |
| Physical Inventory | Included |
| Image Support | Included |
| Document Support | Included |
| Custom reports | Included |
| Custom Barcode labels | Included |
| Par Level Alerts | Included |
| Attach Pictures/Documents | Included |
| Barcode Number Generator | Included |
| Edit Barcodes/Reports | Included |
| Email & SMS Notification | Included |
| Graphical Dashboard | Included |
| Mapping | Included |
| AI License | Included |
| Advanced Cost Types | Included |
| Receive Transaction Alerts | Add-on |
| Advanced Stock Inventory | Add-on |
| Stock to Asset UD Fields (Asset Fields/Pop-up) | Add-on |
| Adjust | Not Available |
| Kitting | Not Available |
| Breakdown | Not Available |
| Site Transfer | Not Available |
| Pack | Not Available |
| Ship | Not Available |
| Orders | Not Available |
| Order Approvals | Not Available |
| Mobile Signature Capture | Not Available |
| Video Support | Not Available |
| Advanced User Security | Not Available |
| Forecasting | Not Available |
| Add/Configure Fields | Not Available |
| Public QR | Not Available |
| Historical Inventory | Not Available |
| QuickBooks Integration | Not Available |
| API Access | Not Available |
| Shopping Cart | Not Available |
| Active Directory Integration | Not Available |
| Google Workspace Integration | Not Available |
| Location Min/Max | Not Available |
| SAML 2.0 | Not Available |
| Authorizations | Not Available |
| Disassembly | Not Available |
| Stock Check Out/in | Not Available |
| Stock Maintenance | Not Available |
| Cart Cloud App | Not Available |
| Shopify Integration | Not Available |
| Data Field Control | Not Available |
| Scheduled Email Reporting | Not Available |
| Barcloud Layout | Not Available |
| Stock Shopping Cart | Not Available |
| Asset Shopping Cart | Not Available |
| Return | Not Available |
| Stock cycle count | Not Available |
| List | Not Available |
| picklist | Not Available |
| Site Default Location | Not Available |
| Aged Inventory Location Highlight | Not Available |
| POUDField | Not Available |
| Custom Transaction Field Alerts | Not Available |
| Feature | Availability |
|---|---|
| Data Import | Included |
| Receive | Included |
| Move | Included |
| Check out | Included |
| Check in | Included |
| Dispose | Included |
| Physical Inventory | Included |
| Assigns | Included |
| Image Support | Included |
| Document Support | Included |
| Custom reports | Included |
| Custom Barcode labels | Included |
| Alerts (warranty & maint. Contract) | Included |
| Reserve | Included |
| Receive Transaction Alerts | Add-on |
| Asset Cycle Count | Not Available |
| Scheduled Maintenance | Not Available |
| Depreciation | Not Available |
| Purchase & Sales Orders | Not Available |
| Order Approvals | Not Available |
| Mobile Signature Capture | Not Available |
| Video Support | Not Available |
| Advanced User Security | Not Available |
| Add/Configure Fields | Not Available |
| Public QR | Not Available |
| API Access | Not Available |
| My Work Assets | Not Available |
| Active Directory Integration | Not Available |
| Google Workspace Integration | Not Available |
| SAML 2.0 | Not Available |
| Authorizations | Not Available |
| Adjust | Not Available |
| Pick | Not Available |
| Picklist | Not Available |
| Asset Sales Order | Not Available |
FAQs
What is the best inventory management software for a small business?
The best inventory management software for a small business should be easy to use, provide essential inventory control features, and be able to scale as the business grows. BarCloud Lite is an entry-level inventory management system designed for smaller businesses that need a straightforward way to track stock, supplies, quantities, locations, and inventory activity.
What is the best asset tracking software for a small business?
The best asset tracking software for a small business should make it easy to know what equipment and assets you have, where they are, and who has them. BarCloud Lite provides essential asset tracking tools for small businesses that need to manage equipment, tools, IT assets, fixed assets, and other business assets.
What is a good inventory system for a small business?
A good small business inventory system should help you maintain accurate inventory records, monitor stock quantities, track item locations, and record inventory transactions. BarCloud Lite provides essential inventory tracking and inventory control capabilities for businesses that do not need a more advanced inventory management system.
How can a small business keep track of inventory?
Small businesses can use inventory management software with barcode scanning to digitally track stock, supplies, quantities, locations, receiving, movement, issuing, and physical inventory. Using a small business inventory system can provide a more organized and scalable alternative to manually tracking inventory with spreadsheets or paper records.
How can a small business keep track of equipment and assets?
Small businesses can use asset tracking software to keep digital records of equipment, tools, IT assets, fixed assets, and other business property. Barcode and QR code asset tracking can help businesses identify individual assets and keep track of their locations, assignments, status, and activity.
What is the difference between inventory management and asset tracking?
Inventory management software is generally used to track stock, supplies, materials, quantities, and inventory movement. Asset tracking software is generally used to manage individually identifiable equipment, tools, IT assets, fixed assets, and other items throughout their lifecycle. BarCloud Lite allows small businesses to choose either Inventory Management Software or Asset Tracking Software depending on what they need to track.
Can a small business use barcode inventory software?
Yes. Barcode inventory software can help small businesses scan and track inventory instead of relying entirely on manual data entry. A barcode inventory system can make everyday processes such as receiving, moving, issuing, and counting stock easier to record and manage.
Is inventory management software better than spreadsheets for a small business?
Spreadsheets can work for businesses with very small or simple inventories, but they can become difficult to maintain as inventory activity increases. Inventory management software provides a centralized system for tracking quantities, locations, transactions, and other inventory information, making it easier to maintain organized inventory records as a business grows.
What should a small business look for in inventory management software?
Small businesses should consider ease of use, inventory tracking capabilities, barcode scanning, location tracking, reporting, mobile access, integrations, implementation requirements, and scalability when choosing inventory management software. The right inventory system will depend on the number of items, users, locations, and inventory processes the business needs to manage.
What should a small business look for in asset tracking software?
Small businesses should consider barcode and QR code scanning, asset locations, assignments, check-in and check-out capabilities, reporting, mobile access, and scalability when choosing asset tracking software. The right system should make it easy to track business equipment and assets today while providing room to grow as tracking requirements become more complex.
Is there inventory management software for businesses with fewer than 500 items?
Yes. Small businesses with fewer than 500 stock items may not need a large enterprise inventory management system. BarCloud Lite supports up to 500 stock items, making it an entry-level option for businesses that need essential inventory tracking capabilities.
Is there asset tracking software for businesses with fewer than 500 assets?
Yes. BarCloud Lite supports up to 500 assets and is designed for smaller businesses and organizations that need essential asset tracking capabilities without requiring a more advanced system.
Can inventory management software grow with a small business?
Yes. Scalable inventory management software allows a small business to start with the capabilities it needs today and add more advanced functionality as its inventory, users, locations, or operational requirements grow. Businesses that outgrow BarCloud Lite can move to a more advanced BarCloud plan.
What is the most basic, entry-level version of BarCloud?
BarCloud Lite is our most basic, streamlined option for small businesses and organizations with straightforward inventory management or asset tracking needs. Asset Lite ranges from $39.95 to $500 per month per user, while Inventory Lite ranges from $49.95 to $500 per month per user, depending on your organization’s needs and configuration.
Because BarCloud is not a one-size-fits-all solution, the best way to determine exactly what your business needs is to schedule a personalized demo. A BarCloud specialist will learn what you need to track, understand your current processes and challenges, and recommend the software and configuration that best fit your specific operation.
