Retail Inventory Management Software

Manage, track and optimise retail stocks

  • Real-time retail visibility
  • Barcode & RFID tracking
  • Instant stock alerts
  • Smart demand forecasting
  • Multi-user retail access
  • Unified sales updates
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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!

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Why do businesses need retail inventory management software?

Manage stock, returns and sales effortlessly

  • Keep an accurate track of all incoming and outgoing stock
  • Prevent stockouts and overstocking through automated alerts
  • Help customers find the right product at the right time
  • Improve store efficiency and customer satisfaction
  • Save time by automating repetitive stock management tasks
  • Help maintain proper records for audits, billing and supplier reconciliation
  • Build a foundation for better demand forecasting and purchasing decisions
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Key features of retail inventory management software

TallyPrime provides powerful inventory tools to simplify, streamline, and optimise retail stock management

  • Get a live view of all stock movements across outlets
  • Track what’s in stock, what’s sold and what’s running low
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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
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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
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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
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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
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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 retail inventory management software

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Boost profitability

Optimise stock levels and reduce wastage to improve your business margins.

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Scale effortlessly

Handle multi-location operations seamlessly as your business grows.

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Gain financial control

Access real-time data to monitor finances and manage cash flow efficiently.

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Decide faster

Leverage insightful analytics to make quick, informed business decisions.

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Strengthen supplier ties

Ensure accurate and timely orders to maintain smooth supplier relationships.

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Satisfy customers

Keep products in stock and available to consistently meet customer demand.

TallyPrime vs Competitors

Why businesses choose TallyPrime

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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

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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

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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

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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

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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

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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

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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

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

Manage inventory smarter and scale your business with TallyPrime.

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Retail inventory management software for different businesses

Startup

Startup

TallyPrime helps startups manage their retail inventory efficiently with real-time stock tracking, low-stock alerts and barcode or RFID support for easy product identification. This ensures complete visibility into stock movement, prevents shortages or overstocking and helps new businesses optimise resources.

MSME

MSME

For MSMEs, TallyPrime provides complete retail inventory control with multi-location stock tracking, category-wise management and integrated billing. This offers real-time visibility into product movement and demand, helping businesses avoid excess inventory or sudden stockouts.

Large enterprises

Large enterprises

TallyPrime enables large retail enterprises with advanced inventory capabilities such as batch-wise and location-wise tracking, centralised data management and detailed reporting. This ensures smooth coordination between departments and provides real-time visibility across stores, warehouses and supply chains.

How to get started with TallyPrime

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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

A retail inventory management software is an automated solution that helps retailers track stock movement, manage product purchases and sales, generate reports and maintain accurate stock levels across stores or warehouses.

Yes, you can manage multiple outlets or warehouses using TallyPrime’s retail inventory management software. It keeps your stock data synced across all locations, giving you a complete real-time view of inventory movement.

Absolutely. The retail inventory system supports barcode and RFID scanning, helping you speed up billing, minimise manual errors and maintain accurate stock records.

Yes, the software integrates seamlessly with most POS systems. This ensures that every sale automatically updates your inventory and accounting records without manual effort.

Regular audits depend on the size and nature of your retail business. However, with a digital retail inventory management system, you can run quick stock checks anytime to identify mismatches and maintain accuracy.

Yes, you can access your retail inventory data from mobile devices. This allows you to track stock, view reports and monitor performance from anywhere.

Pricing depends on the features and number of stores you wish to manage. TallyPrime’s retail inventory software offers flexible plans designed for retailers of all sizes. You can choose a plan that best fits your business needs.

Yes, TallyPrime’s retail inventory management software is fully GST-ready. It helps you maintain accurate stock records, generate GST-compliant invoices, and create reports required for tax filing and audits.

Absolutely. The retail inventory system allows you to manage stock batch-wise and record expiry dates. This ensures accurate tracking and timely clearance of expired products.

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