Medical Inventory Management Software

Ensure availability of critical supplies

  • Prevent stockouts of medicines
  • Reduce expired stock waste
  • Maintain 100% regulatory records
  • Improve patient care
  • Enhance operational efficiency
  • Monitor multi-department inventory
banner-right-image

Trusted by
millions globally

The most preferred software by businesses of all sizes across the globe. 

2.5M+

Businesses Trust Tally

TallyPrime simplifies business management for millions across India.

#1

e-Invoicing Software in India

TallyPrime powers the most e-invoices in India, trusted for compliance and growth.

3 Decades

Simplifying Business Growth

Over 36 years, Tally has been helping businesses thrive with smarter solutions.

Experience the power of TallyPrime. Try it today!

Get 7-days free trial

I have read and accepted the T&C, Privacy Policy

Why choose TallyPrime’s medical inventory management software?

Smart inventory management for healthcare efficiency

  • Prevents wastage by proactively tracking expiry dates of medicines
  • Avoids stockouts of critical drugs and supplies, ensuring patient safety
  • Simplifies the handling of medicine regulatory compliance
  • Eliminates manual errors in tracking thousands of medical items
  • Provides clear visibility of stock movement between departments
  • Helps avoid tying up capital in overstocked medical supplies
right-side-image

Key features of TallyPrime's medical inventory management software

TallyPrime’s medical inventory management software offers smart tools to track, manage, and optimise pharmaceutical and medical supplies, ensuring improved operational efficiency.

  • Track complete batches of medicines from purchase to sale
  • Get timely alerts for items nearing their expiry dates to reduce waste
  • Maintain a complete history of each batch for easy audits and recalls
  • Enforce FIFO (First-In, First-Out) or FEFO (First-Expiry, First-Out) selling
  • Generate detailed reports on batch movement and ageing
key-feature-image

Free & Affordable Options for Small Businesses

TallyPrime Silver - Suitable for businesses that need TallyPrime on a single PC

1 Month

750

41628

+18% GST

  • Affordable Plan
What you get:
  • Fully loaded with all features
  • Invoicing & accounting
  • Inventory management
  • GST and compliance
  • Banking and cashflow
  • e-Invoicing and e-way bills
  • Connected services
  • Business operation
icon
3 Month

2,250 ₹ 2,138

41628

+18% GST

Effective price 712.5/Month

  • Budget friendly - Flat 5% off
What you get:
  • Fully loaded with all features
  • Invoicing & accounting
  • Inventory management
  • GST and compliance
  • Banking and cashflow
  • e-Invoicing and e-way bills
  • Connected services
  • Business operation
icon
12 Month

9,000 ₹ 8,100

41628

+18% GST

Effective price 675/Month

  • Popular plan - Flat 10% off
What you get:
  • Fully loaded with all features
  • Invoicing & accounting
  • Inventory management
  • GST and compliance
  • Banking and cashflow
  • e-Invoicing and e-way bills
  • Connected services
  • Business operation
Lifetime

22,500

41581

+18% GST

  • Best ROI Plan
  • Lifetime license
What you get:
  • Fully loaded with all features
  • Invoicing & accounting
  • Inventory management
  • GST and compliance
  • Banking and cashflow
  • e-Invoicing and e-way bills
  • Connected services
  • Business operation
  • Zero cost EMI available Specific EMI details, including banks and tenure options, will be presented at the payment page

TallyPrime Gold - Perfect for businesses needing multi-user access on multiple PCs

1 Month

2,250

41629

+18% GST

  • Affordable Plan
What you get:
  • Fully loaded with all features
  • Invoicing & accounting
  • Inventory management
  • GST and compliance
  • Banking and cashflow
  • e-Invoicing and e-way bills
  • Connected services
  • Business operation
icon
3 Month

6,750 ₹ 6,413

41629

+18% GST

Effective price 2137.5/Month

  • Budget friendly - Flat 5% off
What you get:
  • Fully loaded with all features
  • Invoicing & accounting
  • Inventory management
  • GST and compliance
  • Banking and cashflow
  • e-Invoicing and e-way bills
  • Connected services
  • Business operation
icon
12 Month

27,000 ₹ 24,300

41629

+18% GST

Effective price 2025/Month

  • Popular plan - Flat 10% off
What you get:
  • Fully loaded with all features
  • Invoicing & accounting
  • Inventory management
  • GST and compliance
  • Banking and cashflow
  • e-Invoicing and e-way bills
  • Connected services
  • Business operation
Lifetime

67,500

41582

+18% GST

  • Best ROI Plan
  • Lifetime license
What you get:
  • Fully loaded with all features
  • Invoicing & accounting
  • Inventory management
  • GST and compliance
  • Banking and cashflow
  • e-Invoicing and e-way bills
  • Connected services
  • Business operation
  • Zero cost EMI available

Benefits of Medical Inventory Management Software

benefits_list_icon_left
Improve patient care

Ensure critical medicines and medical supplies are always in stock when needed

benefits_list_icon_left
Reduce wastage & expiry

Minimize losses from expired stock through proactive alerts and FEFO-based management.

benefits_list_icon_left
Regulatory compliance

Maintain accurate records of batches and schedules for easy audits and reporting

benefits_list_icon_left
Significant cost savings

Optimise purchasing and reduce carrying costs by preventing overstocking of supplies

benefit_main_image
benefits_list_icon_right
Enhance operational efficiency

Automate manual tasks to save time and lower errors in the healthcare supply chain

benefits_list_icon_right
Accurate stock valuation

Maintain a precise, real-time valuation of your entire medical and pharmaceutical stock

benefits_list_icon_right
Manage multiple departments

Track stock seamlessly across the main pharmacy, operating rooms, wards, and labs

benefits_list_icon_right
Integrate with accounting

Sync inventory data with your financial books for a complete and accurate business view

TallyPrime vs Competitors

Why businesses choose TallyPrime

tally logo

Other Software

Quantitative
Analysis

  • All-in-one software: accounting, inventory, payroll, compliance, reports, and more

Other Software

Module-based pricing; need to purchase additional features separately

Quantitative Analysis

star-img

Save up to 80% of annual software costs.

  • Simple, intuitive interface for all business types

Other Software

Learning curve can be steep; some are suited for specific sectors only

Quantitative Analysis

star-img

Save up to 40–50 hours of training time per employee annually.

  • Flexible to choose between desktop or cloud

Other Software

Similar options available

Quantitative Analysis

star-img

Save up to ₹50,000 annually in infra adjustments.

  • Lifetime license or subscription (annually/monthly/ quarterly)

Other Software

No option of lifetime license. Expensive for long term usage.

Quantitative Analysis

star-img

Save up to ₹10,000 per user annually compared to other accounting software.

  • Easy to use, low dependency on IT or external help

Other Software

May require onboarding, documentation, or support to get started

Quantitative Analysis

star-img

Save up to ₹15,000–₹25,000 annually in support costs.

  • Strong post-sale support; regular updates with GST and compliance readiness. Real human support, toll free numbers, and strong customer support from 1800+ partners.

Other Software

For most cases, the support is provided by chatbots

Quantitative Analysis

star-img

Ensure zero penalties, saving up to ₹50,000+ annually in potential GST fines.

  • No extra charges for additional users on Gold plan.

Other Software

May need to incur additional cost for adding more users or features (godowns, companies, employees, payroll, etc)

Quantitative Analysis

star-img

No extra cost for adding users — save up to ₹5,000–₹10,000 per user annually.

Manage your medical inventory effortlessly

cta_section_right_side_image

Medical inventory software for the healthcare sector

Pharmacies & medical stores

Pharmacies & medical stores

For pharmacies, TallyPrime is the ideal medical inventory management software. It helps manage thousands of medicines, track batches and expiry dates, handle fast billing with barcode support, and manage suppliers with ease.

Clinics & diagnostic labs

Clinics & diagnostic labs

Clinics and labs can efficiently track the stock and consumption of medical supplies, reagents, and other consumables, set reorder levels, and manage their day-to-day operational needs.

Small & mid-sized hospitals

Small & mid-sized hospitals

TallyPrime serves as a complete hospital inventory management system. It helps manage stock across multiple departments, track high-value equipment, ensure regulatory compliance, and integrate your entire supply chain with your financial accounts.

How to get started with TallyPrime

1
2
3
4
5
6
1
Sign up for a free trial

Explore TallyPrime risk-free and experience its features firsthand

2
Download and install

Quick setup on your system with simple installation steps.

3
Set up your business profile

Add company details, GSTIN, and basic preferences in minutes.

4
Configure essentials

Enable invoicing, GST, payroll, or inventory modules as per your needs

5
Explore reports and insights

Generate P&L, balance sheet, and cash flow reports instantly

6
Get support when needed

Access help articles, video tutorials, and dedicated support from Tally experts

Frequently asked questions

TallyPrime's medical inventory management system allows you to assign batch numbers and expiry dates to stock upon receipt. It provides alerts for near-expiry items, helping you prioritise their sale and reduce wastage.

Absolutely. You can set up a main store (e.g., central pharmacy) and multiple sub-locations (e.g., wards, OT). The software lets you track stock levels and movements between these locations seamlessly.

Yes. You can set a minimum stock limit for each item. The software shows clear reports on which medicines are running low, so you can reorder on time.

TallyPrime automatically calculates the total value of your stock. It can use simple methods like FIFO or average cost to give you an accurate number anytime you need it.

Yes. You can manage both consumables, like drugs, and non-consumable items, like medical equipment.

Yes. You can view all your purchases supplier-wise. These reports help you check performance, track pending bills, and plan future orders better.

Every sale or purchase is updated in your books automatically. You do not have to enter anything twice, and your accounts stay correct in real time.

Yes. Your data stays safe on your own computer, not on the cloud. You can also set passwords and give limited access to different users.

Yes. TallyPrime is simple to use. The screens are easy to understand, so your staff can learn billing and stock management very quickly.

Experience the stress-free way to manage your business – starting at just ₹750/month

Buy Now  

1 Month

₹ 750
+ 18% GST
Buy Now  
Get 5% off

3 Months

₹ 2,138
₹ 2,250
+ 18% GST
Effective price 12,150/Year Buy Now