Point of Sale (POS) Software for Retail

Top Point of Sale (POS) Software for Retail


Retail Point of Sale Software

Point of sale (POS) software for the retail industry has become crucial to easily accept, record, and authorize transactions. Often integrated with physical cash registers, these solutions streamline every day operational processes for retail managers, cashiers, and head office alike.

Retail POS systems can keep historical data for every processed transaction. They provide information such as the cashier’s name who made the transaction, at which outlet it was made, the value of the sale, as well as basic customer information and payment details. This makes it easier to automate inventory management, accounting, and customer relationship management. Furthermore, users can also generate reports and analytics to gain deeper insight into their sales metrics.

The products curated on this page all cater to different aspects and scales of retail point of sale operations. Solutions focusing on small to medium businesses are best suited to ensure the success of transactional and general operational efficiency. On the other hand, enterprise-tier software can include more advanced features such as logistics, resource planning, or warehouse management.


Expert Pick

Vend

Vend 86

63

Vend is a retail point-of-sale platform. View Listing...

Vend is a flexible POS platform developed for iPad with a focus on the retail industry. The solution can manage the entire sales process and automates inventory tracking and customer data recording. It has a wide range of compatibilities and can be used with receipt printers, cash drawers, and barcode scanners, as well as also working offline.


How is point of sale software used for retail?

Point of sale software is often used by those involved in retail. The features depend on the requirements and standards you set. However, they shouldn’t only be designed to make each process easier for you. In retail business, you need to address all existing factors, such as inventory, customer and financial records.

The market already offers several POS software solutions with different capabilities. Features to consider should include a user-friendly interface, entry of sales information, sales tracking options and security. You need a software solution that caters to what the retail business revolves around: sales, customers and inventory, to name a few.

Vend, a cloud-based point of sale software, utilizes key features and functionalities that assist retailers in running their business, regardless if it’s in-store, online or mobile. It provides total control over daily operations and the means of production in a business. Defining features in its software include Web-based or iPad POS, vend reporting, cash management, bar codes and labels and custom receipts. It offers a free trial with its Lite plan starting at $119 a month.

With that being said, here a couple more features most POS software solutions offer:

Sales reporting and analytics

This feature is essential in understanding and analyzing how your business is doing. POS software for retail tracks down each sale made by the company and interprets it accordingly. This gives you the necessary statistics and details to make informed decisions regarding certain products and marketing strategies. Fundamentally speaking, this allows you to identify which products generate more revenue and how sales performance has been for a period of time.

Inventory management

Inventory management lets you keep track of all products and stocks. This allows you to know when and what specific resources to order. This is especially useful for businesses with several locations and facilities. Without proper tracking and management, it becomes difficult to analyze the overall performance of the retail business. Most software solutions notify you of depleted stocks and automatically update it for you.

This feature can scan, count and identify products digitally with the help of barcodes or unique serial numbers. Product variations can also be taken into consideration, a feature that makes it easier to manage stocks according to their size and color. Basically, this gives you information regarding how much inventory you own, the status of each product (damaged, returned, rejected or on hold) and where it is currently held.

Customer management

Customer management, integrated seamlessly with CRM, keeps a record of customer information. This includes their name, age, birthday, contact information and full purchase history. With this feature, it becomes easier to offer loyalty programs to their accounts. It also allows you to see who your most valuable customers are and give you the necessary platform to maintain a strong relationship with them.

POS software for retail offers integration capabilities with other business systems and applications. In this case, customer relationship management or CRM is a vital feature to have when engaging in retail business. CRM helps you build strong relationships with loyal customers.

Employee management

Retail business depends on customers. However, without your employees making the right sales, your transactions can easily dwindle. With the employee management feature, you can easily track the performance of each worker. For those with low performance, you can provide them with additional coaching. Furthermore, it lets you modify and customize the schedules of the employees based on forecasted activity.

Credit and debit card processing

Card readers should be installed in your existing system. This gives the customers more options to pay and lessens the hassle in collecting payment. By having this feature, you cater to the needs of the customer while decreasing the need for manual and duplicate entries. Additionally, this feature saves time, increases cash flow and lowers labor costs.

What are the benefits of point of sale software for retail?

The benefits you can gain from implementing retail POS software include boosted customer service, simpler stock management, improved financial reporting, seamless business operations, optimized record keeping, as well as speedy transactions.

Aside from being a cost-effective and affordable cloud-based software solution, point of sale software solutions have several benefits that can improve the overall flow of your business. Other than being designed to make transactions easy, retail POS systems have the ability to provide fresh and advanced methods. These methods increase sales and improve customer relationships by enabling easy customer management and operations automation.

Besides having certain advantages with the customers, managing stocks and tracking inventory become significantly easier as well. Gone are the days where keeping tabs on supplies can take up hours or even days, especially if done manually. With point of sale software, tracking tools exist to inform and update you regarding the levels of your stock and at what point you should repurchase items. This guarantees sufficient amounts of stock.

Financial reporting is an important factor of business as it allows you to allocate your resources efficiently. Most software solutions provide an in-depth analysis of the data. This gives you an idea of how your business is doing and answers any questions regarding the overall finance.

POS software for retail lets you integrate with other functions such as CRM and Accounting, which saves time and streamlines most business operations. Record keeping has also been made easier as the system instantaneously gathers and stores real-time information, from both the sales and the inventory end. Lastly, speedy transactions allow for credit and debit card options, which gives your customers plenty of ways to pay for their orders. This benefits both you and the customer.

At the end of the day, what you want is a system that automates and optimizes existing processes. These processes normally take time when done so manually. With lesser time spent on these daily operations, you are better equipped to take on the retail world and connect more with customers.


All Software Products

Cegid 91

24

Yourcegid Retail is a cloud based solution that aligns your organization across all business areas: merchandising, store & digital channels, CRM and analytics. View Listing...

91%

Square 89

31

Square is a Point of Sale solution for every business. View Listing...

89%
15 Award(s)
Champion

Revel Systems 87

133

Revel Systems is a POS solution for multi-location businesses. View Listing...

87%
6 Award(s)
Product Leader

MicroBiz Cloud 86

26

Cloud POS for independent retailers. Ring up sales on iPads, PCs and Macs, manage inventory and integrate seamlessly with QuickBooks and WooCommerce.. View Listing... From: $60.00/month trial/premium MicroBiz Cloud Pricing

86%
1 Award(s)
Product Leader

NCR Aloha POS 84

175

NCR Silver is a Point of Sale and retail management solution. View Listing... From: $175.00/month freemium NCR Aloha POS Pricing

84%
3 Award(s)
Champion

Cin7 84

54

Keep inventory in line with orders no matter where you sell or hold your stock. Extensive integration and automation help optimize stock, maximize margins and contain costs. View Listing...

84%
6 Award(s)

Erply 84

13

Erply’s powerful, easy-to-use, cloud-based POS works on your preferred devices. Available online and offline, and has the flexibility you need to run a successful business. View Listing... From: $99.00/month trial/premium Erply Pricing

84%
1 Award(s)
Product Leader

Epos Now 83

9

Epos Now provides full-scale business management and point of sale solutions to those in the retail and hospitality industries. View Listing...

83%
8 Award(s)
Product Leader

GOFRUGAL 83

1

GOFRUGAL is more than a POS(Point of Sale) where ERP made easy for Retail, Restaurant, Distribution & Enterprise businesses on the digital path helping them stay competitive View Listing... From: $375.00/month trial/premium GOFRUGAL Pricing

83%
10 Award(s)
Product Leader

Loyverse POS 83

1

POS Software and Сustomer Loyalty Program. Free point of sale system for small stores, coffee shops, beauty salons & more. View Listing...

83%
6 Award(s)
Product Leader

Epicor Eagle 83

12

Epicor Eagle is a Point of Sale software, built for businesses in manufacturing, distribution, retail, and services. View Listing...

83%
3 Award(s)
Champion

ShopKeep 83

1

ShopKeep by Lightspeed is online iPad-based Point of Sale system. View Listing...

83%
4 Award(s)
Champion

Floranext 82

9

Florist software, Floral POS. Flower shop software built by florists, for florists. View Listing... From: $29.99/month premium only Floranext Pricing

82%
Product Leader

FloristWare 82

18

Powerful, Affordable and Easy-To-Use POS Software For Florists View Listing... From: $149.00/month trial/premium

82%
1 Award(s)
Challenger

talech POS 80

0

talech is a POS software designed to help restaurant and retail businesses simplify operations and uncover insights to make better decisions. View Listing... From: $69.00/month premium only talech POS Pricing

80%
2 Award(s)
Product Leader

EasyPOS 79

1

Take your Business Digital Zopper Retail is a POS Software which includes CRM, Billing, Inventory Management, Consumer and Retail Finance and Payments for PCs, Laptops, Tablets and Mobiles. Our POS is GST r... View Listing... From: $30.00/month trial/premium

79%

uniCenta 78

1

uniCenta is an open source POS solution for retailers and hospitality businesses. View Listing... From: $81.00/month premium only uniCenta Pricing

78%
Product Leader

iVend Retail 77

3

CitiXsys is a leader in retail management software that is recognized worldwide for its rich functionality, multi-national capabilities, and unparalleled flexibility. The flagship solution suite, iVend Retai... View Listing...

77%

HDPOS Smart 74

4

Point of Sale Software - HDPOSsmart is a billing and inventory management software. It offers very easy user interface and tons of features to manage you business effectively. View Listing...

74%
Product Leader

SalesVu 73

2

SalesVu Restaurant and Retail POS is a complete iPad cloud based business management solution. Designed to streamline the process for any business and reduce cost. View Listing... From: $75.00/month trial/premium SalesVu Pricing

73%
3 Award(s)
Product Leader

ePaisa 66

1

ePaisa is a mobile Point of Sale (POS) application which provides payments and inventory management solutions to small and medium businesses (SME's). View Listing... From: $8.11/month premium only

66%
Product Leader

Just Billing 59

0

Just Billing is the best Billing Software and Mobile Application which is very useful for a restaurant, retail, and service business. View Listing... From: $230.00/month freemium Just Billing Pricing

59%
Challenger

3SPOS 59

0

3S POS System is the best point of sales software tailored to meet the needs of small businesses in every industry. View Listing... From: $59.00/month trial/premium 3SPOS Pricing

59%
Challenger

Ari 48

0

Ari is an integrated Retail Management Software that has an integrated Point Of Sale Software for retailers that helps businesses keep on top of their businesses. View Listing... From: $49.00/month trial/premium

48%
Challenger

Pose

1

Web-based point-of-sale built with love for small businesses. Designed for an iPad, Mac, or PC. We put the standard cash register to shame. View Listing... From: $49.00/month trial/premium

WallMob

0

WallMob is an affordable and user friendly POS system with web back office. It is easy on boarding and starts with a 30 days free trial period. View Listing... From: $39.00/month trial/premium

YumaPOS

0

YumaPOS is a cloud-based POS solution for effective management of small fast food restaurants, stores and cafes right up to large franchising chains. View Listing... From: $15.00/month premium only

Pymt

0

At Pymt, we are passionate about doing a handful of things really, really well. All-inclusive point of sale? ✓ Great hardware? ✓ Low-cost software? ✓ Unbloated features? ✓ View Listing...

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