To see a complete list of the great features included in our different plans, look no further than our Pricing Page! Keep scrolling to this page's Quick Definitions sections for a more in-depth look at specific features.
Quick Definitions
Use Ctrl-F (⌘-F on Mac) to search by keyword quickly:
Location - An independent pool of inventory. Sales and updates at one location will not affect inventory at other locations, even if the same product is enabled. A business can have more than one Location in Thrive.
Integration - An integration refers to an external account connected to Thrive (Square, Clover, Shopify, QuickBooks, etc.). Each location in that service will be a separate integration. (e.g., If I have one Clover account with 5 merchant locations, I have 5 integrations).
Users - Users represent individual logins with access to your Thrive account (employees, managers, accountants, etc.). More users can be added to any plan via billing Add-Ons.
Transactions per month - We calculate your Average Monthly Transaction to gauge the number of transactions coming through your different sales channels and locations into Thrive.
Products / Items / SKUs - Inventory products in your catalog.
Order History - How far back you can view information regarding sales.
Reporting History - How far back you can view inventory history records.
Product Catalog Management
Catalog / Menu Management - The ability to create, delete, edit, receive, and manage inventory products.
SKU Creation - Thrive's SKU generator tool lets you easily create SKU numbers.
Lot Cost - Track incoming inventory Lot-by-Lot for accurate COGS (Cost Of Goods Sold).
Modifier Configuration - Modifiers allow you to customize your products at the point of sale.
Price Tags / Label Printing - Print visual Barcodes and price tags from Thrive.
Spreadsheet Bulk Upload - Make mass updates to inventory info using a spreadsheet.
Average Costs - Option to have the costs on reports averaged out across lots rather than exact.
Inventory Management
Min / Max Levels - or PAR Levels & Reorder Quantities.
Low Stock Alerts - Proactive notifications will let you know when inventory levels are below a threshold.
Stocktakes and Approvals - Initiate and approve counts.
Internal Transfers - Move inventory between your locations and track products in transit.
Purchase Orders - Place orders for new inventory to your vendors
Kits / Bundles - Track products made from other products (gift packs, commissions, 2-for-1 discounts, combos, etc).
Recipe / Ingredient Management - Combine raw ingredients into finished recipes as Bundles in Thrive.
Assemblies / Bill of Materials - Take a group of products and turn them into a different final product for your Recipe or Bill of Materials.
Automatic Purchase Orders - Keep track of and receive incoming inventory. Learn more
Automatic Stock Transfers - Add automation to Internal Transfers via PAR Levels and Reorder Quantities
Barcodes & Labels
Tag / Label Printing - Generate SKUs and Barcodes into printable labels to be scanned later.
External Barcode Scanning - Scan barcodes for Stocktakes, Invoices, Purchase Orders, and Internal Transfers.
Reporting
Custom Dashboards - Create custom dashboards with the information you want to see.
Sales Goal Tracking - Set custom sales goals for you and your team to ensure everyone is on the same page.
Product Profitability Reports - Thrive will calculate sales and costs to give you a detailed, accurate accounting of profits and losses.
Inventory Change Report - Overview of how inventory has changed with detailed breakdowns on Sales, Removals, Additions, etc.
Dead Inventory Report - Identify slow-moving inventory.
Low Inventory Report - Quickly get a list of everything running low.
Intelligent Stock Forecasting - Thrive will forecast how much time remains until a product runs out of stock.
Saved Reports - See all of your previously run reports in one place. Plus, you can download it super quickly if needed!
Scheduled Reports - Would you like the same report run for next month's meeting for the foreseeable future? Schedule it with us and have it sent to your inbox automatically.
Wholesale
Wholesale & Pricelists - Apply a pricelist discount to your products and then invoice the purchaser.
Payments
Invoicing - Manage and handle sales that occur outside of your point-of-sale system.
Security
Theft / Discount Tracking - Detailed reporting on inventory changes and loss due to shrinkage or discounts.
User Access Permissions - Restrict user access to certain functions/features based on their role within the business (cashiers, managers, accountants, etc.).
Extras
Global Currency Support - Over 35 currency options ($, €, £, etc.).
Barcode Scanner App - Scan barcodes to find products and update quantities using your phone's camera.
Amazon Alexa® Voice Command - Ask Alexa about your Thrive sales.
QuickBooks Daily Sync - Thrive will automatically send out an update to QuickBooks Online every night.
Beta Feature Access - Try out the newest functions when they're added.
Location and integration limits
Thrive uses whichever has the most entries to determine billing.
In other words, an account with 3 integrations and 1 location would be billed for the 3 integrations.
An account with 3 locations and only 1 integration would be billed for the 3 locations. Whichever is highest!
Billing Add-Ons (optional):
These are optional charges in addition to your regular monthly subscription plan.
Add +10 Custom Reports - This allows you to create and save 10 more Custom Reports.
Add +5 Users to Any Plan—To accommodate more users for your Thrive account, 5 additional logins can be created.
Add +5 Locations to Elite Plan - Enable 5 additional locations, integrations, and users in Thrive.
Additional Monthly Transactions - Your Average Monthly Transaction usage measures transactions through your different sales channels and locations. If you ever exceed your limit, you can easily upgrade for more.
QuickBooks Daily Sync - Thrive will automatically send out an update to QuickBooks Online every night.
Personal Training Session—This is a personalized conference session with a Thrive representative in case your account requires more specialized attention. (A free webinar is also available.)