A POS system is an
integral part of any retail store. It’s responsible for conducting a majority
of the sales operations that are vital to a business. These days a retail
pos system is responsible for more than just transactions between the customer
and the merchant. They’re being upgraded with advanced features that are giving
POS systems more functionality.
Top POS Systems for
Retail Stores
Square POS: This POS system is popular among small
businesses. If you want a POS system with no startup costs, then Square POS
might be your best bet. It can be upgraded with add-on features for more
functionality. These additional features will cost a monthly fee.
The free version has
certain key features:
- An inventory management tool that lets you
add products and sends daily stock alerts via email.
- Customer Relationship Management feature
that lets you collect information on customers and create customer
profiles.
- Unlimited staff permissions which means the
software license won’t be limited to only a few employees.
- Data analytics feature that can prepare
reports on sales, customers, and inventory. These can be studied for
making better business decisions.
Lightspeed POS: This retail POS system is
preferable for medium and large-sized businesses. It’s known for its inventory
management tools. The basic plan costs $99 per month which can be installed on
one POS terminal and have up to five employee accounts.
The key features of
Lightspeed POS are:
- It has several robust inventory management
tools. These tools can be used to manage large quantities of inventory
stored at multiple locations. Managers can add items to the inventory and
group them under a variety of categories such as size, color, or material.
It can also maintain vendor catalogs on the system so the items can be
ordered easily when they’re running out of stock.
- It offers a massive integration library.
These add-ons will give the POS system access to more features and
services.
- It has many free onboarding webinar
courses. These will explain the different features of the software and how
to make the best use of them. With these tutorials, a new user will easily
be able to learn the software.
Shopify: Shopify is popular for its eCommerce tools and
can support multiple sales channels.
The key features of
Shopify are:
- It can track multiple sales channels, so
if a product runs out of stock, it’ll no longer be available for sale on
the online store.
- Shopify allows
its users to set up and track discount codes. Different kinds of discount
codes can be created with their own specific rules for use. It’ll let you
track the performance and popularity of these discounts through Shopify’s
analytics feature.
- The Shopify app can be installed on your
mobile phone. All the relevant business data can be accessed directly from
your phone.
- It has inventory management tools that
will let you add products, upload product photos, or change prices. It has
a dashboard that displays important updates. Customer information and
contacts can be accessed with this app.
Vend POS: This POS system has eCommerce features so it
can track sales across retail and online stores.
The key features of
Vend POS are:
- The CRM tools let you create customer
groups that can be used for conducting loyalty programs. It’ll let you
create gift cards or assign points to customers based on how much they
spend. The customers can use these to avail discounts.
- If the POS-enabled device disconnects from
the internet all the sales information will be synced as soon as you
come back online.
- It can be used on a Mac, PC, or iOS
device.
Shopkeep: This is a cloud-based POS system. It has an
easy-to-use interface and works on iPad and mobile.
The key features of
Shopkeep are:
- It has an intuitive interface that can be
customized according to your business.
- The mobile app can be used to access sales
information and manage store operations from anywhere.
- It has customer marketing tools that
allow loyalty programs and gift card integrations.
Erply POS: It offers retail-focused POS systems.
The key features of
Erply POS are:
- If you have multiple franchises you can
choose how much control each franchise has over suppliers and inventory.
- It has a versatile interface.
- It can be used to prepare quotes,
invoices, and fulfill sales orders.
SalesVu: It offers a collection of POS apps that can be
used on your iPad and iPhone.
The key features that
it offers are:
- The loyalty app lets you assign customer
profiles to customer groups.
- The gift card app lets you create discount
codes.
- The invoice app can be used to prepare bills.
A retail pos system
will provide vital services for a business to increase its sales and profits.
Choose a POS system based on what your business needs to ensure you enhance
your business’ productivity.