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For retail and ecommerce businesses, having an efficient, streamlined order management system is crucial. You might find that order management software (OMS) can help to save you time and money, especially as your business grows and order volumes increase.
In this guide, we’ll cover some of the main software options available in the UK in 2021 to help you understand which is the right option for your business.
But first, let’s start with the basics.
Order management software is designed to bring all the different parts of your sales order process together in one place. This means that from one central dashboard, you can track and manage it all - from capturing order data through to shipping and returns.
OMS lets you track orders across all on and offline sales channels, manage your inventory in real time and streamline logistics.
Does your business need an order management software? |
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There is a vast selection of order management software solutions out there, so you’ll be spoilt for choice. This includes standalone OMS, with many options designed for startup and small businesses, through to full Enterprise Retail Platforms (ERP).
Some solutions offer order and inventory management bolted onto other services such as Point-of-Sale (PoS), payment processing and other ecommerce tools.
Let’s take a look at a few of the main options for order management software in the UK in 2021, along with key features and pricing:
Software | Main features | Price |
---|---|---|
Salesorder.com |
| 0.31% of your revenue transaction¹ |
Brightpearl |
| Personalised pricing based on order volume |
Omono |
| From £35 a month² |
Monday.com |
| From £22 a month² |
Workhorse |
| From £245 a month (plus additional onboarding cost)³ |
Shopify Plus |
| From $2,000 a month⁴ |
Sage Intacct Order Management |
| Personalised pricing |
Zoho Inventory |
| Free to £189 a month (Elite plan)⁵ |
Khaos Control |
| From £63 a month (with discounted option of £600 a year for paying annually)⁶ |
When properly implemented, order management software could save your company time and money. But there are further savings you could take advantage of, particularly when it comes to trading internationally.
Open a Wise account for Business and you can send and receive international payments for low fees and the real, mid-market exchange rate. This makes paying overseas suppliers, and getting paid for sales in other countries, much cheaper.
You can even automate up to 1000 batch payments at once to suppliers worldwide and keep track of everything with seamless integration between your Wise account and accounting software such as Xero or QuickBooks.
Summary
With the right tools, your business could become an automated machine - streamlined, cost-efficient and super organised. Recognising when it’s time to invest in products like order management software is critical, and it could mark a real step forward in the success of your business.
Sources used for this article:
Sources checked on 29-June-2021.
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
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