Stitch Labs (now part of Square) vs Veeqo

Stitch Labs (Now Part of Square) vs Veeqo

Deciding on an inventory management software can be a daunting task, given the plethora of options in the market. Two of the most popular software solutions are Stitch Labs and Veeqo. Both offer unique features and benefits, but which is the better option for your business? In this article, we will compare Stitch Labs and Veeqo across various parameters to help you make an informed decision.

Overview of Stitch Labs and Veeqo

Stitch Labs is an inventory management software that helps businesses manage their inventory across multiple sales channels. Founded in 2011, the software gained popularity quickly and was acquired by Square in 2019. Veeqo, on the other hand, is a cloud-based multichannel retail platform that allows businesses to manage inventory, orders, and shipping from a single dashboard. Founded in 2013, Veeqo has grown to become a popular choice for ecommerce retailers.

Both Stitch Labs and Veeqo offer a range of features to help businesses streamline their operations. For example, Stitch Labs offers real-time inventory tracking, order management, and reporting tools. Veeqo, on the other hand, provides features such as automated shipping label generation, order tracking, and integrations with popular ecommerce platforms like Shopify and WooCommerce. Ultimately, the choice between these two platforms will depend on the specific needs and goals of your business.

Features Comparison of Stitch Labs and Veeqo

Both Stitch Labs and Veeqo offer robust features to help businesses manage their inventory effectively:

• Stitch Labs: Inventory management, order management, purchasing, multichannel automation, analytics, and shipping integrations.
• Veeqo: Inventory management, order management, shipping management, and barcode scanning and printing.

However, Veeqo lacks certain features such as purchasing and multichannel automation that Stitch Labs offers.

It's important to note that while Stitch Labs offers more features, Veeqo has a more user-friendly interface and is easier to navigate. Additionally, Veeqo offers a mobile app for on-the-go inventory management, which Stitch Labs does not currently provide. The choice between the two will depend on the specific needs and preferences of the business.

Pricing Comparison of Stitch Labs and Veeqo

Pricing is a crucial factor when choosing inventory management software:

• Stitch Labs: Offers three pricing plans starting at $799 per month.
• Veeqo: Offers four pricing plans starting at $156 per month, with limits on the number of orders processed each month.

For businesses with high order volumes, Stitch Labs may be the better option despite its higher cost. Additionally, Stitch Labs offers advanced inventory management features such as demand forecasting and purchase order management, while Veeqo focuses more on order management and shipping.

Another consideration is customer support. Stitch Labs provides phone and email support during business hours, whereas Veeqo offers 24/7 email support and phone support during extended business hours. Businesses requiring immediate assistance outside regular hours may prefer Veeqo.

Ease of Use Comparison of Stitch Labs and Veeqo

Both Stitch Labs and Veeqo boast intuitive and easy-to-use interfaces. However, businesses have reported that Stitch Labs can be complex to set up and customize to specific needs, whereas Veeqo offers a simpler and more straightforward onboarding process.

Despite the initial complexity, many businesses find that Stitch Labs offers more advanced features and customization options compared to Veeqo, which is beneficial for those with unique or complex inventory management requirements.

Both platforms provide robust customer support, including online resources and dedicated support teams, though some businesses have noted longer wait times for Stitch Labs compared to Veeqo.

Customer Support Comparison of Stitch Labs and Veeqo

Good customer support is essential for any software. Stitch Labs offers phone, email, and live chat support, while Veeqo provides email and live chat support. Stitch Labs' customer support has been criticized for long wait times, whereas Veeqo's support team has received praise for swift response times and helpfulness.

Additionally, Stitch Labs offers integrations with popular marketplaces such as Amazon and Etsy, along with analytics and reporting tools. Veeqo offers a shipping management feature that allows businesses to easily print shipping labels and track packages.

When it comes to pricing, Stitch Labs offers a range of plans based on business size, with the most expensive plan at $799 per month. Veeqo offers a flat monthly fee of $156 for its standard plan, with additional fees for extra users and integrations.

Integration Options for Stitch Labs and Veeqo

Both Stitch Labs and Veeqo offer integrations with various ecommerce platforms, shipping carriers, and accounting software. Stitch Labs integrates with over 30 ecommerce platforms, while Veeqo integrates with over 20.

Stitch Labs offers more shipping carrier integrations compared to Veeqo. Additionally, Stitch Labs integrates with popular accounting software like QuickBooks and Xero, whereas Veeqo only integrates with Xero. This makes Stitch Labs a better option for businesses requiring comprehensive integration with their accounting software.

Pros and Cons of Using Stitch Labs and Veeqo for Inventory Management

Stitch Labs offers robust inventory management and multichannel selling capabilities but comes with higher pricing plans and a complex setup process, which can be challenging for small businesses.

Veeqo provides more affordable pricing plans, a simpler setup process, and helpful customer support. However, it lacks some advanced features like purchasing and multichannel automation, which may be necessary for certain businesses.

Additionally, Stitch Labs integrates with a wide range of ecommerce platforms, including Shopify, Amazon, and eBay, facilitating inventory management across multiple channels. Some users have reported issues with the accuracy of Stitch Labs' inventory tracking, potentially leading to stockouts.

Veeqo offers a user-friendly interface with real-time inventory updates, helping businesses stay on top of stock levels and avoid overselling. However, limited customization options in Veeqo can make it difficult to tailor the software to specific needs.

Case Studies: Successful Businesses Using Stitch Labs vs Veeqo for Inventory Management

Several successful businesses have utilized both Stitch Labs and Veeqo for their inventory management needs. For example, the popular online marketplace Etsy uses Stitch Labs to manage inventory across multiple channels, while clothing retailer Charles Tyrwhitt uses Veeqo to streamline its order fulfillment process.

The outdoor gear retailer REI leverages Stitch Labs to manage inventory across their website, physical stores, and third-party marketplaces. In contrast, the beauty brand Glossier uses Veeqo to manage their inventory and order fulfillment process, enabling them to track stock levels and fulfill customer orders efficiently.

While both Stitch Labs and Veeqo offer effective inventory management solutions, they cater to different business needs. Stitch Labs provides advanced reporting and analytics tools, whereas Veeqo includes a built-in shipping platform. Businesses should evaluate their specific requirements to choose the most suitable solution.

Future Outlook: What's in Store for Stitch Labs (Now Part of Square) vs Veeqo?

With Square's acquisition of Stitch Labs, the future of the software appears promising. Square has begun integrating Stitch Labs' features into its product offerings, enhancing its inventory management capabilities. Meanwhile, Veeqo has recently secured an $80 million investment to support its growth and expansion plans.

One advantage Stitch Labs has is its integration with Square's payment processing system, providing a seamless experience for businesses using both Square and Stitch Labs. Square's extensive resources and customer base can help Stitch Labs reach a broader audience and continue innovating.

However, Veeqo is expanding its offerings beyond inventory management, incorporating features like shipping and order management. This diversification may help Veeqo appeal to a wider range of businesses and compete with larger market players.

Which is Better for Small Businesses: Stitch Labs or Veeqo?

For small businesses with low order volumes, Veeqo's more affordable pricing plans and simpler setup process may be a better option. However, for small businesses with high order volumes, Stitch Labs' robust features and integrations may justify the higher price.

Both Stitch Labs and Veeqo offer inventory management, order fulfillment, and shipping solutions tailored for small businesses. Stitch Labs also provides advanced reporting and analytics tools, offering valuable insights for optimizing operations and increasing profitability. On the other hand, Veeqo's user-friendly interface and excellent customer support may be more appealing to small business owners who are new to ecommerce and seek more guidance.

Which is Better for Larger Enterprises: Stitch Labs or Veeqo?

For larger enterprises with complex inventory management needs and high order volumes, Stitch Labs may be the better option due to its advanced features and extensive integrations. However, Veeqo's affordability and simpler setup process can also make it an attractive option for some larger enterprises.

Both Stitch Labs and Veeqo offer robust reporting and analytics capabilities, allowing businesses to gain valuable insights into their operations. Additionally, both platforms support multi-channel selling, enabling businesses to manage inventory and orders across multiple sales channels such as Amazon, eBay, and Shopify. Ultimately, the decision between Stitch Labs and Veeqo will depend on the specific needs and priorities of each enterprise.

Conclusion: Final Thoughts on Choosing Between Stitch Labs (Now Part of Square) vs Veeqo for Your Inventory Management Needs

Choosing the right inventory management software depends on various factors, including business size, order volumes, and specific needs. Both Stitch Labs and Veeqo offer robust features and integrations to help businesses manage their inventory effectively. However, businesses should consider their priorities and assess the pros and cons of each software before making a decision.