Best Point of Sale (POS) Software in 2018

Point of Sale (POS) software typically allows merchants to process customer payments at retail locations. However, this group of software does more than just handling retail transactions. Other key functionalities of POS software include inventory control, automatic price updating, recording sales by branch and/or by employees and electronic ordering. Some products even allow you to analyze sales data, calculate taxes on buyers and update product information and accounts receivable records. More advanced features include the ability to identify customer buying habits and the ability to track which products are bringing in the most revenue.  Read the full software guide...


TouchBistro POS

TouchBistro POS 74

(1)

TouchBistro is an iPad POS solution for restaurants – with every feature designed to meet the unique needs and fast pace of the foodservice industry. More Information...

Cin7

Cin7 82

(17)

All-in-one Inventory software, POS, EDI, B2B and 3PL. More Information...

Square

Square 94

(0)

Square is a Point of Sale solution for every business. More Information...

NCR

NCR 84

(10)

NRC Silver is a Point of Sale and retail management solution. More Information...

Vend

Vend 82

(0)

Vend is a retail point-of-sale platform. More Information...

ShopKeep

ShopKeep 82

(19)

ShoipKeep is online iPad-based Point of Sale system. More Information...

MicroBiz Cloud

MicroBiz Cloud 79

(16)

EPOS and retail automation software for independent retailers. Rings up sales on iPads, PCs and Macs, manages inventory and integrate seamlessly with QuickBooks and Magento. More Information...

Epicor

Epicor 76

(5)

Epicor is a Point of Sale software, built for businesses in manufacturing, distribution, retail, and services. More Information...

MyTime

MyTime 75

(10)

MyTime is online POS and appointment booking platform. More Information...

Revel Systems

Revel Systems 72

(0)

Revel Systems is a POS solution for multi-location businesses. More Information...

Go Frugal

Go Frugal 71

(0)

GoFrugal is online, on-premise, and mobile point-of-sale software. More Information...

Loyverse POS

Loyverse POS 69

(0)

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

talech POS

talech POS 69

(0)

talech is a POS software designed to help restaurant and retail businesses simplify operations and uncover insights to make better decisions. More Information...

Floranext

Floranext 67

(5)

Florist software, Floral POS. Flower shop software built by florists, for florists. More Information...

iKentoo

iKentoo 67

(0)

iKentoo is an advanced iPad-based Point of Sale and business management system for restaurants, multi-site chains, food trucks, festivals, bars, hotels, coffee shops and more. More Information...

Epos Now

Epos Now 63

(0)

Epos Now is cloud-based Point of Sale platform. More Information...

HDPOS Smart

HDPOS Smart 63

(0)

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. More Information...

EZRentOut

EZRentOut 61

(0)

EZRentOut is a cloud-based equipment rental software for rental businesses. Features include integration with Xero and QuickBooks, and an online storefront. Free 15 day trial! More Information...

storEDGE

storEDGE 61

(0)

storEDGE is an online management software for the self storage industry. One clean interface provides access to your business any time, from any device. More Information...

uniCenta

uniCenta 58

(1)

uniCenta is an open source POS solution for retailers and hospitality businesses. More Information...

FloristWare

FloristWare 57

(9)

Powerful, Affordable and Easy-To-Use POS Software For Florists More Information...

Pose

Pose 31

(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. More Information...

VONUS POS

VONUS POS 28

(0)

Vonus, LLC has reinvented the way businesses and their costumers interact. Vonus is pleased to introduce its simple new point of sale solution, POS Vonus More Information...

Bigcommerce

Bigcommerce 91

(167)

Bigcommerce is an e-commerce platform with dozens of themes and apps to help get the right look and functionality for online stores. More Information...

Shopify

Shopify 91

(1709)

Shopify is an e-commerce software marketplace which allows users to create beautiful online stores. More Information...

Magento

Magento 91

(9)

Magento is an open-source content management system for e-commerce web sites. More Information...

LemonStand

LemonStand 89

(20)

LemonStand is an eCommerce platform that enables fast growing brands and the web agencies they work with to create beautiful eCommerce sites that stand out from the crowd. More Information...

Stripe

Stripe 89

(14)

Stripe is a web and mobile payments system, built for developers. More Information...

Booker

Booker 86

(13)

Cloud-based online booking, scheduling, point-of-sale and marketing software. It has everything you need to run your salon better. More Information...

PrestaShop

PrestaShop 86

(29)

PrestaShop is a free ecommerce platform for creating an online store. Powering over 200,000 stores, it's no wonder PrestaShop is the leading ecommerce solution! More Information...

Vagaro

Vagaro 84

(8)

Vagaro is web-based salon and spa management, promotion, and booking service. More Information...

Braintree

Braintree 82

(2)

Braintree is a web and mobile payments system that supports PayPal, Bitcoin, Venom, cards etc. — all with a single integration. More Information...

Ecwid

Ecwid 75

(12)

Ecwid is a full-featured shopping cart that can be added to most sites like WordPress, Drupal or Facebook in minutes. More Information...

DJUBO

DJUBO 73

(0)

The DJUBO Property Management System - Everything you need to run and manage your Hotel all in single dashboard. More Information...

Phorest

Phorest 71

(0)

Phorest Salon Software helps salons & spas get their clients in more often, spending more, through online bookings, loyalty & a full marketing suite. More Information...

Subbly

Subbly 65

(1)

Subbly is a subscription ecommerce platform that makes it super easy, affordable and quick to setup a subscription business online. More Information...

Salonized

Salonized 62

(0)

Salonized salon software: the number one online assistent for complete control over your business More Information...

SMACC

SMACC 59

(0)

SMACC is an online accounting software for Small and Medium Enterprises. Get Started Now with a 14 days Free Trial. More Information...

Faronics WINSelect

Faronics WINSelect 55

(0)

Kiosk software initiates browser lockdown for Windows devices. Kiosk feature enables real-time cloud based console to manage kiosks centrally from off-site. FREE 30-Days Trial. More Information...

Volusion

Volusion 53

(39)

Volusion is an online e-commerce solution offering shopping carts and hosting solutions. More Information...

Qloapps

Qloapps 51

(0)

Qloapps is a comprehensive online hotel reservation and booking system. It is a free and open-source software designed to help launch hotel booking website. More Information...

Lightspeed

Lightspeed 51

(0)

Get a complete solution for your online store: complete order management, CRM, marketing & reporting tools. Over 40,000 businesses use our system start your free trial today! More Information...

ConsignCloud

ConsignCloud 39

(0)

ConsignCloud consignment software helps you reimagine how your resale shop manages inventory, engages customers, and grows. More Information...

hCue Pharmacy

hCue Pharmacy 38

(0)

GST ready Pharmacy Software/Medical Store Software that empowers you to increase revenues and take your business to the next level. More Information...

mycloud

mycloud 34

(0)

A comprehensive cloud based online hotel management software which is reliable and secure to manage your hotels operations. More Information...

eKco

eKco 31

(0)

eKco is an all-in-one online video platform to help you sell your videos & digital content quickly and easily. No ads and completely commissions free. More Information...

InnkeyPMS

InnkeyPMS 30

(1)

It is a cloud based online hotel management system which is professional, easy to manage and perfectly customized. More Information...

Paycadence

Paycadence 27

(0)

Paycadence allows users to send invoices, set up recurring payments, build unlimited custom payment forms, and manage customers. More Information...

OmegaPrax Dental

OmegaPrax Dental 27

(0)

OmegaPrax Dental is the industries most affordable and efficient way of helping your practice simplify the daily tasks necessary to run a successful practice. More Information...

Q Customer

Q Customer 26

(0)

Point and click query builder with powerful visualizations allows all data-hungry team members, to easily explore segments, patterns and behaviors to answer questions on their own about your customers. More Information...

KeeperPOS

KeeperPOS 26

(0)

Track and optimize inventory from procurement to storage to sales, and manage your sales order life cycle. More Information...

Jallicart

Jallicart 24

(0)

An ideal eCommerce, Shopping Cart & Auction Software platform for a flexible selling experience and to grow your business and increase sales with advanced security features. More Information...

Cova

Cova 11

(0)

Cova offers dispensaries POS software for the cannabis industry. More Information...

Point of Sale (POS) Software Guide

What is Point of Sale (POS) Software?

Point of Sale (POS) software is any digital solution that helps businesses manage their checkout operations at physical locations.

The software assists in the tasks of scanning goods, processing payments, issuing receipts, processing loyalty points, redeeming coupons and keeping a record of the sales.

Checkout operators can also use the software to check the price and availability of products and manage returns and exchanges. On the other hand, store managers often use POS software to keep track of retail transactions and inventory data.

More advanced products calculate taxes on goods and automatically update product information and receivable records. Some products even offer reporting and analytics to help you analyze sales data, monitor customer buying habits, identify the top-selling and slow-moving products, and view sales report by location or employee.

Most products can be integrated with your existing CRM, accounting and inventory management applications to facilitate better decision-making.

Cloud-based POS solutions are growing in popularity because they offer more mobility and flexibility and require lower upfront costs. While these products typically work via the internet, some even allow you to work offline and synchronize data when your internet connection is restored.


Types of point of sales (POS) software

Depending on the type of business they serve, POS software products can be categorized into the following types.

  • Retail POS – This type of software is specially designed to handle retail transactions, which mostly occur at once. These products typically feature a simple and straightforward checkout process to help reduce customer wait times. Other key functionalities include inventory tracking, returns processing and sales reporting. Most products also have the ability to collect and store customer data, process coupons and discounts and accept split payments. More advanced retail POS solutions help implement an automated purchasing system, so you can quickly order the items running out of your stock, from a pre-approved vendor.
  • Hospitality POS – This type of POS software comes with a different set of features to suit the specific needs of hotels, restaurants or other hospitality businesses. In a restaurant, for instance, orders are not closed immediately. This means the POS software should have the ability to hold tabs open for customers until they are ready to pay. The software also allows you to add items to an open order as and when the customer orders more foods. Most products automate the process of sending orders to the kitchen, which helps avoid manual errors during order passing and improves turnaround time. Other important features include the ability to automate table bookings and reservations, manage seating arrangements, track inventory and generate sales report by date, time and item.
  • Mobile POS – While mobile POS solutions serve companies across industries, they are more useful for businesses that often conduct sales at remote locations. For instance, some companies sell their products or services at trade shows and business events. Mobile POS software allows them to process payments from their mobile device, such as, an iPad. They can also track inventory and view sales data from the remote location.
  • Saloon POS – Salons, massage parlors, spas, fitness centers and similar businesses often look for a POS solution that can also help them manage appointments. Designed specifically for buyers like these, salon POS software often packs in the basic calendaring and appointment scheduling features, in addition to the regular POS features, such as, payment processing and inventory tracking.

How to Choose POS Software for Your Business

The first thing to consider when choosing POS software for your business is what type of buyer you are. If you run a small retail store, you’ll need a simple product with the payment processing and inventory tracking functionality. Products designed for single store owners often also come with integrated CRM and accounting modules to help them manage everything from a single system.

On the other hand, large companies need a fully-featured software suite that does more than just handling retail transactions. For instance, a multi-location retailer may look for a product that allows them to view sales report for each store, create a single purchase order for all locations and track item transfers between stores. Some products even allow managers to set a custom price for products. That means you can sell the same product at different prices in different locations.

If you are looking for hospitality POS software, consider choosing features based on how your business conducts its everyday transactions. For instance, a quick service restaurant may need POS software capable of handling drive-through orders, while table-service restaurants may need a product capable of creating custom menus, handling open checks, managing table reservations and tracking inventory.

Conversely, POS software for bars often includes the age-verification functionality to help you avoid penalties due to underage service. Some bar-focused products can be connected to your pour spouts to make sure bartenders are not over pouring drinks and driving up your costs.

Products focused on other business types are also available. For instance, field service providers can find a POS solution that also offers the GPS tracking feature. POS software for pharmacies often helps comply with FDA regulations, while POS software shoe stores may offer color, size and style matrices, so you can create a custom attribute set for each item.

You should also consider some generic factors, regardless of the type of POS software you need. Here are some questions to ask.

Is the software user-friendly? – Some products present a steep learning curve to your team, while some offer a simple user interface.

What platforms does it support? –Some products support Android, iOS and web-based platforms, while some support only one or two of them.

Does it offer an open API? – POS software with an open API can be easily integrated with your other applications. Consider whether you need this.

Is the product scalable?– If your business is growing fast, consider choosing a product that will grow with you.

Does the vendor offer guides and customer support? – You may also want to check if the vendor offers phone support, chat support, FAQs and guides.


Common Features of Point of Sale (POS)

2-Factor Authentication Adds an additional layer of security by requiring an extra step in the login process. Usually external devices are required for this or a text message with a verification code is sent to the user when trying to login.
API Application Programming Interfaces (APIs) are programmatic intersections with external products or platforms that allow for custom integrations with your own solutions or other solutions you are using.
BitCoin BitCoin support - a digital currency operating independently of a central bank.
Budgeting Planning and tracking capabilities for financial budgets and plans often used to manage funds across different departments or for investor / shareholder oversight.
Contact Management Manage large amounts of personal or business contacts in a centralized system.
Customer Management Manage customer databases and/or track outstanding shipments, payments and more.
Dashboard Dashboards are digital interfaces commonly used to visualise data or give quick access to important features and functions of online platforms. They often serve as an overview gateway in software applications.
Data Export Exporting functionality can be used to streamline the migration of data sets and information across systems, platforms or applications.
Data Import Importing functionality allows you to use data sets from other systems or platforms to cut down on data entry requirements or to more easily migrate records from similar applications you have used in the past.
Data Visualization Data visualization features render a visual interpretation of data sets through the use of charts, infographics and other visual cues generally in form of a reporting dashboard.
External Integrations Integrations with other software products or platforms to improve efficiency and compatibility across systems.
Forecasting Forecast upcoming expenses, sales, revenue, user levels, etc. through the use of predictive methods and past data.
Inventory Tracking Stay on top of inventory levels, to manage the storing, reordering or production of stock items.
Multi-Currency Support of different currencies for payments, accounting purposes, taxes, reports and more.
Multi-User Supports more than just one user account and generally allows for collaboration with colleagues.
Notifications Includes notification support and sends you alerts with information on important events and other time sensitive instances. For example through push notifications on mobile phones or email notifications.
Payment Processor Integration with external payment processors like PayPal, Master or Visa, generally for credit cards and similar methods.
Supplier Management Manage suppliers and purchases required in the day-to-day operation of a business.
Third-Party Plugins/Add-Ons Offers additional features or integrations built by third-party developers in form of plugins or add-ons.

Latest User Reviews of Point of Sale (POS)

Stripe
Mike Schmidt, Co-Founder - Dovetale, Inc
"Absolutely incredible and powerful"

Easy to setup and the documentation is flawless. Their support team answers quickly a...

Braintree
Monika Ciemiecka, Marketing Specialist - Appoint.ly
"A great product to manage payments!"

It's a really good product to manage payments. You can connect it with your service a...

Stripe
David Cacik, Head of Marketing & Customer Success - LiveAgent
"Reliable payment gateway"

We've used 5 payment gateways in 4 years and Stripe is on a shared #1 spot. It's reli...

MicroBiz Cloud
Mike Pinzle, IT Manager - BK's Stationary
"Great POS for a retail store"

Really well designed. Has lots of features that allow us to run our store more effic...


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