Megaventory is a web-based software providing order fulfillment, online inventory management, and production tracking services. Its features include purchase orders, stock alerts, product management, and manufacturing tracking. Pricing starts at $150 per month, and it is best for retail and wholesale ecommerce stores as well as for businesses involved in franchising and manufacturing.
Megaventory Pros and Cons
Knowledgeable support team
Customizations for document fields are limited
Tracking of manufacturing processes
Some integrations need improvement
Multi-currency support is a plus for multinational companies
No mobile app; platform is not mobile-friendly
Who Megaventory is Best For
- Businesses with franchises: Businesses that have a franchise network can use Megaventory to monitor and expand operations from a single platform. Megaventory provides user-level restrictions to give staff appropriate access to the system.
- Retail and wholesale ecommerce businesses: Those involved with retail can handle sales, restocking, as well as returns and repairs from Megaventory’s platform. Streamlining order fulfillment and returns management can increase customer satisfaction as it reduces bottlenecks in your operations.
- Businesses with product manufacturing services: Businesses offering products that need to be assembled or bundled before selling can benefit from Megaventory’s production tracking feature. You can keep track of the manufacturing process, relevant inventory, and costs—all from your dashboard.
Megaventory’s pricing is based on two plans: Pro ($150/month) and Enterprise (custom pricing). The main differences between the plans include the number of users, transactions, and locations, as well as the volume of clients and products.
*Annual plans are paid in full at the start of the billing cycle.
Those interested may sign up for a 15-day free trial or schedule a demo on its website. Nonprofits are given a discounted subscription. You may contact Megaventory’s support team for inquiries.
Megaventory’s Pro plan includes up to five users, 20 locations, 20,000 products, 20,000 clients, and fiveintegrations. A two-hour training is also provided. You can add more users (up to 35) for $45 per month.
This plan has a cap of 50,000 transactions per month. If you exceed the limit, an additional $45 per month is billed for 25,000 transactions (up to 200,000).
If your business requires more than what the Pro plan offers, Megaventory can create a custom plan for you. Contact its support team to request a quotation.
Though Megaventory’s pricing is higher than most of its competitors, I noticed that its plans are designed for high-volume shippers. It caters to businesses with multiple products that sell across different locations or those with franchise networks. With the number of transactions and products included in its Pro plan, I consider it an economical solution for businesses that need to streamline their product manufacturing, order, and inventory management.
Most order fulfillment platforms offer plans per unit, per transaction, and per storage fees (based on occupancy size); while Megaventory’s straightforward pricing ensures that you do not get billed additional fees each month.
Megaventory Alternatives 2020
Small and medium-sized ecommerce sellers and crowdfunding programs that need batch fulfillment
Ecommerce sellers with special packing and handling needs
Fulfillment matchmaker to help you find the best provider
Megaventory features are designed to make certain aspects of order fulfillment run smoothly—from handling product management, manufacturing, order processing, and inventory management. Below is an overview of its most notable features.
Megaventory can handle multiple store locations across warehouses and transfer between locations if needed. You will receive stock alerts, inventory changes, product cost tracking, as well as supplier availability and lead times.
You can generate sales quotes for clients, purchase orders to suppliers, and sales orders from clients. Shipping can be coordinated with providers, as well as dropshipping and consignment sales and procedures.
Tracking of Manufacturing Processes
Megaventory has a manufacturing module that is beneficial for beginners or those who have little experience in this process. The user guide provides simple steps for manufacturing a finished good. It includes bill of materials, manufacturing updates, work orders, and more.
Reports can be generated by availability levels, gross profit, and inventory value.
Megaventory integrates with EDI (electronic data exchange), API, demand forecasting, accounting, and most popular ecommerce platforms.
- Crossfire EDI
- SPS Commerce EDI
Most Helpful Megaventory Reviews
The majority of Megaventory reviews I have read online are positive. Users are satisfied with how it streamlines inventory, sales management, and logistics for their businesses. They also said that its ability to support multiple currencies is an advantage for multinational companies.
Most positive Megaventory reviews centered around its passionate and highly-knowledgeable customer support team. One user said that it is hard to find a con for its services as it strives to fix limitations that you encounter with the software.
A simplified inventory and manufacturing option for brands
One user who shared a positive review about Megaventory said that the platform is flexible enough to provide manufacturing and procurement services for his business. As a cloud kitchen and direct-to-consumer brand, he said that tracking consumption was a challenge, which Megaventory solved by streamlining the whole process. He also commended its support team. He shared that the customer support team worked with him closely every time and that all his questions were answered.
Some integrations do not work; not all workflows are intuitive
Most of the negative Megaventory reviews I have read online said that it can be difficult to customize document templates. Some shared that its QuickBooks integration was difficult to work with. Others commented that its workflows are not that intuitive but added that the support team is always available to help and explain the process. One user wished for a mobile app, adding that the platform is not mobile-responsive.
Megaventory Frequently Asked Questions (FAQs)
What types of support does Megaventory provide?
Support is given to paid subscribers via live chat and email. In-app guides and a knowledge base are also provided.
Can users handle multiple companies using a single Megaventory account?
Yes, but this comes with limitations. Users can create separate documents such as sales orders and invoices, but products are accessible to the whole account and cannot be restricted to a single listed company. If you would like to fully separate the companies and have different sales order document types, a new Megaventory account needs to be created for each company.
Does it require any type of operating system?
No. Megaventory is compatible with any operating system that can run a modern browser. As long as it supports the most recent versions of browsers, it can run the program. However, Megaventory requires an internet connection every time you need to access it. No download and installation are necessary.
Our Top Order Fulfillment Service Provider Picks
If you are not sure if Megaventory is right for you, this article on the 5 Best Order Fulfillment Services & Companies is a review of our top choices. In this guide, we shared our top recommendations based on costs, specialty services offered, strengths, and order or account minimums.