Why Choose Thrive By Shopventory Over SKU IQ

Choosing the right inventory management platform is critical to your business. Discover why growing businesses are choosing Thrive. 

If you’re here, it’s because your business needs the data and organization an inventory management solution brings to the table. Discussed below are the differences between Thrive and SKU IQ and how these platforms can impact your bottom line. 

Before we get into the specifics of the product and feature differences, Shopventory was built exclusively for small and medium-sized businesses that need a platform that will grow with them.

Top 3 Reasons Growing Businesses Choose Thrive Over SKU IQ

Shopventory_Products_Inventory Count Sheet

Simplify Complex Inventory

Because Thrive is designed for inventory management, we go beyond just stock counts and catalog syncing. Thrive manages all parts of your inventory, even if it’s really, really complicated with tools like Bundles, Modifiers, and Variants.

A favorite feature is Assemblies which tracks inventory levels for raw materials, managing your entire product line from creation to sale. It’s designed specifically for retailers looking to streamline and optimize their manufacturing process so they can focus on growing. 

We provide the tools to have full transparency over your inventory so you never oversell, set profitable margins, and automate re-ordering.

Shopventory_Products_Goal Tracking

Reporting That Goes Beyond Surface Level

We have reports you don’t even know you need, like our inventory change report. Thrive users love this report for seeing trends in product movement over a specific timeframe. That means you can do things like curate a better summer product assortment than last year when you know exactly what flew off the shelves and what gathered dust. 

And because we know each business has different needs, we have robust custom reporting capabilities so you see the exact information you want, how you want it. In fact, we built a whole custom Thrive Metrics product for you to visualize the health of your entire business. 

When it comes to SKU IQ, you have to be on their highest plan before being able to receive custom reports. And they build them for you, meaning you don’t have the instant flexibility you need to run your business day-to-day. 


Capabilities That Inspire You To Diversify Your Sales

Thrive was designed to break down barriers to growth. Small business owners need new channels which contribute to a stronger, diversified business. You need a platform that helps you meet your goals as fast as possible. 

With Thrive, you can easily run a wholesale operation, list your products on Google Shopping, open stores across the country, and design your own exclusive product line. SKU IQ, however, was built to simply support small storefront and e-commerce businesses. So if you’re hoping to accelerate your sales with new channels, you need Thrive.

What Business Owners Are Saying About Thrive

We have a growing online business and product inventory that had way outgrown our method of spreadsheet management so we were looking for a software that would help with this.

We are very happy with Thrive, it has already started to make it easier to keep up with our inventory. We don't have a very big web-store but enough to keep us on our toes trying to keep track of all of it and transitioning from our huge spreadsheet to Thrive simplifies reports.

We have a growing online business and product inventory that had way outgrown our method of spreadsheet management so we were looking for a software that would help with this.

Thrive Vs. SKU IQ
At A Glance

Free 30-day trial
Set up support
Highest plan
Stock count syncing
Number of pre-built reports
Custom reporting
Highest plan
Product bundling
Bill of materials
Purchase orders
Vendor management
Automatic re-ordering
Internal transfers

Get organized
everywhere you sell

Ditch the spreadsheets and data entry, quickly spin up new sales channels, and get into new markets.

What Makes Thrive Different From SKU IQ

So if you’re a business owner with big dreams, we have staff who have been there. From running the store floor to working in the kitchen to owning a boutique, our team understands your challenges firsthand. That’s how we’re able to make an inventory management platform that helps you now and in the future, whether you decide to expand your business with a new location or sell wholesale. 

All Features Available During Your 30-Day Free Trial
All the tools you need to grow your business
Starting at $79/mo
Starting at $199/mo
Starting at $399/mo
Starting at $799/mo
Locations / Integrations
Transactions Per Month
Products / Items / SKUs
Order History
3 Years
Reporting History
3 Years
Product Catalog Management
Catalog / Menu Management
SKU Creation
Lot Costs
Modifier Configuration
Pricing Calculator
Expiration Dates
Price Tag / Label Printing
Spreadsheet Bulk Upload
Average Costs
Inventory Management
Min / Max Levels
Low Stock Alerts
Stocktakes and Approvals
Basic Internal Transfers
Basic Purchase Orders
Modifiers Inventory Tracking
Kits / Bundles
Recipe / Ingredient Managment
Bill of Materials
Automated Purchase Orders
Automated Stock Transfers
Barcodes & Labels
Barcode Generation
Dymo Label Printing
Brother Label Printing
Avery Label Printing
Scan-to-Create Stocktakes
Scan-to-Create Invoices
Scan-to-Create Purchase Orders
Scan-to-Create Transfers
Custom Dashboards
Sales Goal Tracking
Franchise Reporting
Product Profitability Reports
Inventory Change Reports
Dead Inventory Reports
Inventory Valuation Reports
Low Inventory Reports
Unsold Product Reports
Saved Reports
Region / District Reporting
Scheduled Reports
Intelligent Stock Forecasting
Customer Managment
Dynamic Price Lists
Wholesale Reporting
Payment Terms
Theft / Discount Tracking
Multifactor Authentication
User Access Permissions
Live Chat
Dedicated Account Manager
Professional Services
Account Implementation
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Catalog Migration
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Product Creation
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Global Currency Support
Dashboard Reporting App
Barcode Scanner App
Alexa Voice Command
Additional Transactions Available
Google for Retail Integration
QuickBooks Online Integration
Beta Feature Access