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 are Stitch Labs and Veeqo. Both software have their 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, offers 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 offers inventory management, order management, purchasing, multichannel automation, analytics, and shipping integrations as part of its features. Veeqo, on the other hand, offers inventory management, order management, shipping management, and barcode scanning and printing as part of its features. However, Veeqo lacks purchasing and multichannel automation features that Stitch Labs offers.
It is 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, while Stitch Labs does not have a mobile app at this time. Ultimately, 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 an important factor that businesses take into consideration when choosing an inventory management software. Stitch Labs offers three pricing plans, starting from $799 per month, while Veeqo offers four pricing plans, starting from $156 per month. However, it is important to note that Veeqo’s plans have a limit on the number of orders that can be processed each month. For businesses with high order volumes, Stitch Labs may be the better option despite its higher cost.
In addition to pricing, businesses should also consider the features offered by each software. Stitch Labs offers advanced inventory management features such as demand forecasting and purchase order management, while Veeqo focuses more on order management and shipping. Depending on the needs of the business, one software may be more suitable than the other.
Another factor to consider is customer support. Stitch Labs offers phone and email support during business hours, while Veeqo offers 24/7 email support and phone support during extended business hours. For businesses that require immediate assistance outside of regular business hours, Veeqo may be the better option.
Ease of use comparison of Stitch Labs and Veeqo
Both Stitch Labs and Veeqo offer intuitive and easy-to-use interfaces. However, businesses have reported that Stitch Labs can be complex to set up and customize to specific business needs. On the other hand, Veeqo offers a simpler and more straightforward onboarding process.
Despite the initial complexity of Stitch Labs, many businesses have found that the platform offers more advanced features and customization options compared to Veeqo. This can be particularly beneficial for businesses with unique or complex inventory management needs.
Additionally, both platforms offer robust customer support options, including online resources and dedicated support teams. However, some businesses have reported longer wait times for support from Stitch Labs compared to Veeqo.
Customer support comparison of Stitch Labs and Veeqo
Good customer support is essential for any software, and both Stitch Labs and Veeqo offer robust customer support. Stitch Labs offers phone, email, and live chat support, while Veeqo offers email and live chat support. However, Stitch Labs’ customer support has been plagued with reports of long wait times, while Veeqo’s customer support has received praise for its swift response times and helpfulness.
In addition to customer support, both Stitch Labs and Veeqo offer a range of features to help businesses manage their inventory and orders. Stitch Labs offers integrations with popular marketplaces such as Amazon and Etsy, as well as analytics and reporting tools. Veeqo, on the other hand, offers a shipping management feature that allows businesses to easily print shipping labels and track packages.
Another factor to consider when comparing Stitch Labs and Veeqo is pricing. Stitch Labs offers a range of pricing plans based on the size of the business, with the most expensive plan costing $799 per month. Veeqo, on the other hand, 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 ecommerce platforms. However, Stitch Labs offers more shipping carrier integrations compared to Veeqo.
Additionally, Stitch Labs also offers integrations with popular accounting software such as QuickBooks and Xero, while Veeqo only offers integration with Xero. This makes Stitch Labs a better option for businesses that require a more comprehensive integration with their accounting software.
Pros and cons of using Stitch Labs and Veeqo for inventory management
Stitch Labs provides businesses with robust inventory management and multichannel selling capabilities. However, its pricing plans can be prohibitively expensive for small businesses, and its complex setup process can be daunting for some users. Veeqo, on the other hand, offers more affordable pricing plans, a simpler setup process, and helpful customer support. However, it lacks some advanced features, such as purchasing and multichannel automation, which may be necessary for some businesses.
Another advantage of using Stitch Labs is its ability to integrate with a wide range of ecommerce platforms, including Shopify, Amazon, and eBay. This makes it easier for businesses to manage their inventory across multiple channels and streamline their operations. However, some users have reported issues with the accuracy of Stitch Labs’ inventory tracking, which can lead to stockouts and other problems.
On the other hand, Veeqo offers a user-friendly interface that is easy to navigate, even for those who are not tech-savvy. It also provides real-time inventory updates, which can help businesses stay on top of their stock levels and avoid overselling. However, some users have complained about the limited customization options in Veeqo, which can make it difficult to tailor the software to their specific needs.
Case studies: Successful businesses using Stitch Labs vs Veeqo for their inventory management
Various successful businesses have used both Stitch Labs and Veeqo for their inventory management needs. For example, 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.
Another successful business that uses Stitch Labs is the outdoor gear retailer, REI. They use Stitch Labs to manage their inventory across their website, physical stores, and third-party marketplaces. On the other hand, the beauty brand Glossier uses Veeqo to manage their inventory and order fulfillment process, allowing them to easily track their stock levels and quickly fulfill customer orders.
It’s important to note that while both Stitch Labs and Veeqo offer inventory management solutions, they have different features and capabilities. For example, Stitch Labs offers advanced reporting and analytics tools, while Veeqo has a built-in shipping platform. Businesses should carefully evaluate their needs and choose the solution that best fits their specific requirements.
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 looks bright. Square has already started integrating Stitch Labs’ features into its own product offerings. On the other hand, Veeqo has recently raised a $80 million investment to fund its growth and expansion plans.
One of the advantages that Stitch Labs has over Veeqo is its integration with Square’s payment processing system. This allows for a seamless experience for businesses that use both Square and Stitch Labs. Additionally, Square’s vast resources and customer base can help Stitch Labs reach a wider audience and continue to innovate.
However, Veeqo has been expanding its offerings beyond just inventory management, with features such as shipping and order management. This diversification may help Veeqo appeal to a wider range of businesses and compete with larger players in the market.
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 be worth the higher price point.
It’s important to note that both Stitch Labs and Veeqo offer inventory management, order fulfillment, and shipping solutions for small businesses. However, Stitch Labs also offers advanced reporting and analytics tools, which can provide valuable insights for businesses looking to optimize their operations and increase profitability. On the other hand, Veeqo’s user-friendly interface and customer support may be more appealing to small business owners who are new to e-commerce and need 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 given its advanced features and integrations. However, Veeqo’s affordability and simpler setup process may make it an attractive option for some larger enterprises.
It’s important to note that both Stitch Labs and Veeqo offer robust reporting and analytics capabilities, allowing businesses to gain valuable insights into their operations. Additionally, both platforms offer multi-channel selling capabilities, allowing businesses to manage their 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 individual 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 such as 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.