Baketly vs Stocksmith (formerly Craftybase)

These solve different problems. Stocksmith — the inventory and cost-of-goods platform that was Craftybase until July 2026 — tracks stock, batches and materials value for accounts. Baketly costs what you make and what it pays you. If an accountant needs a materials figure for a date, Baketly cannot give you one.

Short answer: Stocksmith if you carry stock and need cost-of-goods for your books. Baketly if the question is what a bake costs and what it earns you.

Stocksmith against Baketly. Pricing is not shown — see the note below.
  Stocksmith Baketly
Built forMakers with inventoryOne person selling direct
Stock levels and valuationYes, the pointNo
Batch and lot traceabilityYesNo
Cost of goods for accountsYesNo
Recosts when a price movesYesYes
Your own hours countedYes, as a costA rate set once
Margin per hour by productNot usuallyYes
Market days and booth feesNoYes
PlatformWebiPhone and web
PriceSubscription — see vendorFree

What Stocksmith is

Inventory and cost-of-goods software for small-batch makers — people who buy materials, turn them into products, and need to know what the materials were worth and what the products cost. It handles stock levels, batches, lot numbers and expiry, and produces the cost-of-goods figures an accountant asks for.

It was called Craftybase until 1 July 2026, when it was renamed Stocksmith. Same software, new name; most comparison articles still say Craftybase.

It is thorough, it genuinely tracks cost changes over time, and for a business with a stockroom it earns its subscription.

What Baketly is

Costing and pricing for a micro bakery, meaning one or two people who bake and sell their own work directly. It answers two questions: what did this bake cost me, and what should I charge. It does not value stock, produce accounts, or track lots.

Where they genuinely overlap

Ingredient costing. Both store what you paid for a purchase rather than a cost you typed, so both recost your recipes when a supplier price moves. That is the single most important property a costing tool can have, and both have it. If you are choosing between them on that, it is a tie.

Where they diverge, and it is not subtle

Three questions, and which tool can answer them.
QuestionStocksmithBaketly
What were my materials worth on 31 December?YesNo
Which batch did this loaf come from?YesNo
Which product makes the most per hour of my time?Not usuallyYes
Did Saturday's stall pay for its booth fee?NoYes

The top two are accounting and traceability questions. The bottom two are should I bake this questions. Most micro bakeries have far more of the second kind than they expect, and buy software built for the first kind because that is what the review sites rank.

A note on price

We have not put Stocksmith's price in the table, and will not. The figures reported for it differ by several times across review sites, most of which are affiliate-funded, and at least one of those figures predates the rename. Check the vendor's own pricing page — it is the only source that is current by definition.

Baketly's price we can state: free, on iPhone, with no subscription and nothing to buy inside it.

Where Baketly loses

  • No stock valuation. If your accountant needs a materials figure, Baketly has nothing to give them.
  • No traceability. No lots, no expiry tracking, no batch history for a recall.
  • No multi-channel sales. Stocksmith is built around selling in several places at once; Baketly assumes you mostly sell direct.

How to choose

Ask whether anyone has ever needed a number from you about stock. An accountant, a tax return, an insurer, a wholesale customer. If yes, that is an inventory problem and this is not a close call. If no — and for most market-stall bakeries the honest answer is no — then you are paying a subscription for machinery you do not use, and the question you actually have is what your bakes cost and which ones pay.

Related

Questions

Is Baketly a Craftybase alternative?

Only partly, and only for some people. Craftybase — now Stocksmith — is an inventory and cost-of-goods platform. Baketly does no stock valuation at all. If you moved for the costing you would get it; if you moved for the accounting you would lose the thing you were paying for.

Did Craftybase change its name?

Yes. It became Stocksmith on 1 July 2026 — reported as the same team and the same software under a new name. Older reviews and comparison articles still use the Craftybase name.

Which is better for a home bakery?

Depends on whether you carry stock. If you buy across several suppliers, sell through more than one channel, and someone needs a materials figure at year end, that is an inventory problem. If you bake on Thursday and sell on Saturday, it is a costing problem.

Why does this page not list Stocksmith's price?

Because the figures reported for it vary widely between review sites, those sites are mostly affiliate-funded, and we would rather publish nothing than a number we cannot stand behind. Check the vendor's own pricing page.

Can I use both?

Yes, and some people reasonably would: Stocksmith for stock and the books, Baketly for what to charge and which product pays per hour. The overlap is in ingredient costing, which both do well.

If costing is the actual problem

Baketly prices the pantry per gram, counts your hours, and tracks market days against their booth fee. Free on iPhone.

Download on the App Store