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Fishbowl Inventory vs. Thrive Technologies

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Fishbowl Inventory

    Score5.4 out of 10
    N/AFishbowl Advanced is the company's on-premises inventory tracking, warehousing, and manufacturing solution with hosted capabilities, offering real-time inventory visibility and control across all locations and order fulfillment for physical warehouses, on-the-go inventory, 3PL, or drop shipping.N/A

    Thrive Technologies

    Score6.1 out of 10
    N/AThrive is an inventory management software offering from Thrive Technologies. It is built to help distribution and retail companies needing to improve demand forecasting, and it helps inventory replenishment functionality in ERP systems.N/A
    Pricing
    Fishbowl InventoryThrive Technologies
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Fishbowl InventoryThrive Technologies
    Free Trial
    NoYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    User Ratings
    Fishbowl InventoryThrive Technologies
    Likelihood to Recommend
    8.1
    (5 ratings)
    9.0
    (1 ratings)
    Support Rating
    7.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    Fishbowl InventoryThrive Technologies
    Likelihood to Recommend
    Fishbowl
    Fishbowl is well suited for warehouse operations because you can control, monitor, report or view the progress of materials all the way from purchasing and receiving to the shipment and tracking of products. It integrates with major carriers and with QuickBooks so it does offer a suite that can support the entire operation. It allows for workflow monitoring, so particular groups or products can be tracked.
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    Thrive Technologies
    No solution is perfect, but I would say that Thrive is a particularly robust and complex solution that's intended to tackle major demand management and inventory forecasting problems. Smaller companies simply won't need a solution that's so all-encompassing. I would recommend waiting unitl you know that you need it before moving forward with a solution like Thrive.
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    Pros
    Fishbowl
    • Inventory control - provides easy/accurate reports. Also, cycle counts can be done at any time. The warehouse team was easily trained.
    • Sales Orders - Fishbowl allowed us to have the sales orders accessible to everyone and linked the customers' purchase order to the orders and work orders (within the system). It no longer needs to be manually linked.
    • Custom reports - for a small fee we had reports customized specifically for our company.
    • Link to Quickbooks - invoices generated directly after closure of sales order.
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    Thrive Technologies
    • Cloud-based, accurate forecasting system saves lots of time and can tangibly boosts ROI
    • Robust demand management down to the SKU level
    • Optimized replenishment prevents too much money from being tied up in inventory
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    Cons
    Fishbowl
    • MRP
    • BOM creation
    • Unified interface
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    Thrive Technologies
    • Although it's simpler than many alternatives, it's a highly complex system and at times we felt lost during the transition period.
    • We didn't get the results we had imagined when looking at their case studies and marketing materials. I understand many factors go into those things, and their case studies are not necessarily indicative of typical results, but your mileage may vary.
    • Inventory replenishment alerts about potential stockouts weren't always reliable.
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    Support Rating
    Fishbowl
    Originally the support for Fishbowl was very poor. It was hard to get anyone to help. In the last 12 - 14 months, it has greatly improved and if it continues this way I would certainly rate it higher.
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    Thrive Technologies
    No answers on this topic
    Alternatives Considered
    Fishbowl
    Fishbowl is more useful than QuickBooks Manufacturing if you operate complex manufacturing with multiple multi layered BOMS
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    Thrive Technologies
    Abas ERP was what we had used previously, and though it did its job adequately, it lacked the forecasting, demand management, and inventory replenishment sophistication of Thrive. We reached a point where we felt it was untenable to supplement the previous system on our own which necessitated the switch to Thrive.
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    Return on Investment
    Fishbowl
    • Positive: Decreased time spent on copy/pasting in spreadsheets.
    • Positive: Easier to analyze costs and guarantee efficiency.
    • Negative: Time to get it up and running is really difficult to work with.
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    Thrive Technologies
    • We were able to reduce the amount of resources tied up in inventory
    • Forecasting tools meant significantly less time spent trying to wrangle spreadsheets
    • The transition was painful, causing initial doubts, but it was certainly worth the growing pains
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