Stitch Labs is shutting down after been acquired by Square
Starting from July the 10th, multichannel inventory management software company Stitch Labs will not be taking any new customers. The company has been acquired by the American financial services, merchant services aggregator, and mobile payment company Square. Square app is used by over 33.5 million small businesses to accept credit card payments, track sales and inventory, and obtain financing. Stitch Labs’ team is joining Square to help build products and tools within their Seller ecosystem.
Although the company won’t take any new customers, they will continue to support and operate for existing customers until Spring 2021 and to offer Stitch Labs software with the same pricing and feature set. The company ensured their existing customers that they will support them to transition off the Stitch Labs platform successfully.
Changing operations management software or inventory management software in under a year can be a hard undertaking for every company. Below we will introduce some of the best alternatives available on the market that will help your e-commerce business with this challenging transition.
Square
Stitch Labs announced that in the future they plan on assisting their existing customers migrating to Square if they choose to do so. At this point, Square’s functionality cannot match that of a full inventory and order management system or wholly support the needs of more advanced Stitch Labs users. It is possible, nevertheless, that Square will expand its software capabilities in the future with the help of the Stitch Labs’ team. In the meantime, please check the best alternatives to Stitch Labs available on the market listed below.
Cin7
Cin7 is a cloud-based inventory management solution that allows real-time data tracking from multiple locations and its best for growing, omnichannel businesses. Cin7 offers advanced reporting and forecasting features as well as more than 450 integrations, including various marketing, payment, accounting, and third party logistics platforms. B2B e-commerce features and a fully-featured point-of-sale (POS) software are included even on their starting plan.
Unleashed
Unleashed Software provides a powerful cloud-based platform for all your inventory management needs that allows accurate stock tracking and precise profit reporting in real-time across various locations. Unleashed offers three plans that are based on business size and enforced by the Unleashed API access limits. The good news is that all Unleashed’s features – like unlimited warehouse management and a vast number of integrations to choose from among others – are available on all their subscription plans.
TradeGecko
TradeGecko is a Singapore based software-as-a-service (SaaS) company that develops online inventory and order management software targeted at small- and medium-sized enterprises (SME) and works best for wholesale businesses. It is a very user-friendly and affordable solution with a free 14-day trial period and a Founder plan starting at £35 per month. TradeGecko offers integration with loads of e-commerce platforms like WooCommerce, Amazon, Shopify, and more and with a Small Business plan or higher, a customizable B2B e-commerce site. TradeGecko was recently acquired by Intuit the company behind QuickBooks’ suite of financial, payment, reporting and accounting tools. The transaction is expected to close in September 2020.
Brightpearl
Brightpearl offers an all-in-one, cloud-based inventory and order management solution designed for retailers, wholesalers, and omnichannel brands of all sizes. Brightpearl's inventory and order management software offers numerous integrations with accounting, warehouse management, shipping & fulfilment, POS, supplier management, and CRM solutions. The company offers three subscription plans designed to match a company’s stage of growth.
Conclusion
No matter which inventory management software you will choose for your e-commerce business, Shiptheory’s shipping management platform can help you integrate all your online sales points with the world’s best carriers and automate shipping label creation. Shiptheory's intelligent shipping rules engine allows you to automate shipping based on a combination of shipping destination, order weight, value, product SKU's and more.
Shiptheory takes the hassle out of shipping so you can focus more on developing your business and less on fulfilment.