To see a complete list of the great features included in our different plans, look no further than our Pricing Page! And for a more in-depth look at specific features, just keep on scrolling to the Quick Definitions sections of this page.
Quick Definitions
Use Ctrl-F (⌘-F on Mac) to quickly search by keyword:
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 at both. 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 - How many individual logins can access a single 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 allows you to 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 to be averaged out across lots rather than exact.
Inventory Management
Min / Max Levels - also known as "PAR Levels & Reorder Quantities," read more here.
Low Stock Alerts - Proactive notifications to let you know when inventory levels are below a given 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 and turn them into printable labels to be scanned later.
External Barcode Scanning - Scan barcodes for Stocktakes, Invoices, Purchase Orders, and Internal Transfers.
Reporting
Custom Dashboards - Create your own custom dashboards with the information you want to see.
Sales Goal Tracking - Set up 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 detailed, accurate accounting of profits and losses.
Inventory Change Report - Overview of how inventory has changed over time with detailed breakdowns on Sales, Removals, Additions, etc.
Dead Inventory Report - Identify slow-moving inventory.
Low Inventory Report - Quickly get a list of everything that's 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 - Need 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 different currency options ($, €, £, etc.).
Dashboard Mobile App - View sales by location from the app, complete with charts, totals, and your top Categories.
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.
Locations and integrations limits
Thrive simply 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.
By the same token, an account that has 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.
QuickBooks Daily Sync - Thrive will automatically send out an update to QuickBooks Online every night.
Add +5 Users to Any Plan - 5 additional logins can be created for your account to accommodate more users for your Thrive account.
Add +10 Custom Reports - This allows you to create and save 10 more Custom Reports.
Add +5 Locations to Elite - Enable an additional 5 locations, integrations, and users in Thrive.
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 instead).
Please let us know if you have any questions. We are here to help!
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