Company:Fishbowl Inventory

From HandWiki
Short description: Utah-based software company
Fishbowl Inventory
TypePrivate
IndustrySoftware
Founded2001; 23 years ago (2001)
HeadquartersOrem, Utah, United States
ProductsInventory Management Software
Number of employees
150 (January 2018)
Websitefishbowlinventory.com

Fishbowl (formerly ExpressTech Holdings) is an Orem, Utah-based software company that develops and publishes inventory management software and related software.[1]

History

Fishbowl was formed in 2001 by Chuck and Beverly Hale, two business owners in Salt Lake City. The pair invested $3 million into the software company and went through several CEOs in rapid succession.[2][3]

In 2015, Fishbowl was named to a list of companies for employee financial security. Fishbowl has also earned a number of business awards for its revenue growth from organizations such as Inc. 5000, Deloitte, MountainWest Capital, and Global Red Herring.[4][5][6][7]

In December 2021, Fishbowl was acquired by Diversis Capital Management, LP, a Los Angeles-based private equity firm focused on investing in software and technology-enabled services organizations.[8][9]

Products

The company's flagship product, formerly called Fishbowl Inventory, is inventory management software that integrates with QuickBooks. It separated into three products, Fishbowl Manufacturing, Fishbowl Warehouse, and Boxstorm, which is a SaaS product.[10][11] As of 2009, Fishbowl has been the top-selling manufacturing and warehouse management product for QuickBooks since 2003.[12]

In addition, Fishbowl Manufacturing, Fishbowl Warehouse, and Boxstorm claim to integrate with QuickBooks Online and other technology.[13]

Boxstorm is a cloud-based inventory management software and mobile app created in 2017 by Fishbowl.[14] Boxstorm is intended for small businesses.[15]

The free version of Boxstorm is called Boxstorm Forever Free. Fishbowl claims it is the first no-cost online inventory management software to integrate with QuickBooks Online.[16] It can be used to scan barcodes, add inventory, perform cycle counts, assign units of measure, and create locations to store inventory.[17]

There are three paid versions of Boxstorm that include other features, such as sales orders, purchase orders, vendors, taxes, stock alerts, and user permissions.[18]

References

  1. "Fishbowl Named Sixth-Fastest Growing Company in Utah". "Utah Business Magazine". September 2008. http://ronrowellcpa.com/fishbowl/PDF/media_reviews/Utah_Business_Fast50.pdf. 
  2. "Fastest-Growing Companies". "Utah Valley BusinessQ". Spring 2008. http://www.uvmag.com/springbiz08/38_39.htm. 
  3. Gordon, Dick (October 3, 2012). "Fishbowl Inventory". "The Story". http://thestory.org/archive/The_story_100312.mp3/view. 
  4. "Fishbowl Inventory". Inc. 5000. http://www.inc.com/profile/fishbowl-inventory. 
  5. "Deloitte's 2014 Technology Fast 500". Deloitte Development LLC. http://www2.deloitte.com/content/dam/Deloitte/us/Documents/technology-media-telecommunications/us-tmt-fast-500-2014-winners'-brochure-121114.pdf. 
  6. "Year 2 for Radiate Media as Utah's Fastest Growing Company for 2013 by MountainWest Capital Network". MountainWest Capital Network. October 22, 2013. http://www.mwcn.org/year-2-for-radiate-media-as-utahs-fastest-growing-company-for-2013-by-mountainwest-capital-network/. 
  7. "Deloitte's 2014 Technology Fast 500". Deloitte Development LLC. http://www.redherring.com/events/red-herring-global/2012-top-100-global-winners/. 
  8. "Diversis Capital Announces Acquisition of Fishbowl". "Fishbowl". December 1, 2021. https://www.fishbowlinventory.com/news/diversis-capital-announces-acquisition-of-fishbowl. 
  9. "Diversis Capital Announces Acquisition of Fishbowl". "PR Newswire". December 1, 2021. https://www.prnewswire.com/news-releases/diversis-capital-announces-acquisition-of-fishbowl-301434644.html. 
  10. "Fishbowl Adds Manufacturing to Inventory System". "WebCPA". October 19, 2009. http://www.accountingtoday.com/news/Fishbowl-Adds-Manufacturing-Inventory-System-52068-1.html. 
  11. Brousell, David (April 3, 2010). "Easing Mobility in Warehouse Management". "Managing Automation". http://warehousesoftware.org/warehouse-software-news/easing-mobility-in-warehouse-management/. 
  12. Gaskin, James (March 4, 2009). "Extending QuickBooks with Fishbowl Inventory". "IT World". http://www.itworld.com/small-business/63727/extending-quickbooks-fishbowl-inventory. 
  13. "Integrations". Fishbowl. https://www.fishbowlinventory.com/fishbowl-integrated-solutions/. 
  14. Murphy, William (February 2, 2018). "QBO App First Look: Boxstorm by Fishbowl". "Insightful Accountant". https://www.intuitiveaccountant.com/vendor-news/qbo-app-first-look-boxstorm-by-fishbowl/#.W7UCHPZFyAi. 
  15. "Fishbowl Talks: What Businesses Risk Without Inventory Tech". "PYMNTS.com". June 22, 2018. https://www.pymnts.com/news/b2b-payments/2018/fishbowl-inventory-management-tech/. 
  16. "Boxstorm". "Capterra". https://www.capterra.com/p/159774/Boxstorm/. 
  17. Arrowsmith, Ranica (July 6, 2018). "Product news: Fishbowl offers free inventory management software for QBO". "Accounting Today". https://www.accountingtoday.com/news/fishbowl-offers-free-inventory-management-software-for-qbo. 
  18. Guta, Michael (June 22, 2018). "Boxstorm Forever Free Offers an Online Inventory Management System for Small Businesses". "Small Business Trends". https://smallbiztrends.com/2018/06/boxstorm-free-inventory-management-system.html.