Point-of-sale (POS) software is a digital solution that helps businesses manage in-person and online sales transactions. It includes features such as payment processing, recording transactions, tracking customer orders, receipt printing, and managing inventory.
POS software provides quick payments using different methods, improves customer experience, tracks inventory in real time, and allows for customer loyalty programs.
Geekflare has researched and compiled the best point-of-sale software to help businesses choose the right solution based on key features such as payment options, inventory management, ease of use, and pricing.
- 1. Square POS – Best for Small Businesses
- 2. Shopify POS – Best for E-Commerce Integration
- 3. Clover POS – Best for POS Hardware and Customer Retention
- 4. CAKE – Best for Breweries, Bars, and Pubs
- 5. Lightspeed POS – Best for Retail
- 6. TouchBistro – Best for Restaurants and Cafes
- 7. Toast POS – Best for Restaurants and Dine-Ins
- 8. Epos Now – Best for Small and Medium Retailers
- 9. Revel Systems – Best for Quick Services
- 10. Erply – Best for Inventory Management
- 11. KORONA POS – Best for Inventory and Customer Management
- 12. PayPal POS – Best for Online Payments
- 13. GoDaddy POS – Best for Online and In-Person Sales
- 14. eHopper POS – Best for FREE Card Processing
- 15. Helcim POS – Best for Payment Processing Solutions
- Show less
Square POS
Best for Small Businesses
- Payment ProcessingCredit/Debit Cards, Digital Wallets, Contactless
- Industry FocusRetail, Professional Services
- Hardware CompatibilitySquare POS Devices and Terminals
About Square POS
Square POS is best for small businesses that do not have a large volume of transactions. You can get it started with a FREE plan. Founded in 2009, this US-based company processed payments worth $186.5 billion in 2022.
Benefits of Square POS
– Complete POS system and hardware available for better compatibility
– Free CRM to store customer information and their engagement methods
– Integration with inventory management applications like Shopventory and Stitch Labs
– Business insights through dashboard analytics and reporting
– Social media integration for boosted discovery and sales on Google, Facebook, Instagram, and TikTok
Square POS Pricing
Square POS offers a free plan where users only need to pay the processing fees. Its plus plan costs £29/month with processing fees, and the premium plan comes with custom pricing.
Square POS Features
In-person, online, and over-the-phone payment processing.
Credit card payments with Visa, Mastercard, and American Express.
Contactless payment using Google Pay, Apple Pay, etc.
Physical gift card redemption, tracking, and reloading.
Inventory stock level alerts and export data into spreadsheets.
In-app sales report on top sales metrics like sales count, refund, and gross sales.
Customizable checkout with item modifier and itemized refunds.
Automatic discounts and custom tip amounts.
Square POS Pros/Cons
Swiped card payments even when the internet is temporarily offline.
Multi-location management through unique business profiles.
Same payment rate for all credit cards.
Digital receipts for customer feedback.
Not suitable for large enterprises due to lack of scalability and advanced features.
Account freezing policy in case of irregular POS transactions.
Shopify POS
Best for E-Commerce Integration
- Payment ProcessingDigital Wallets, Contactless, Credit/Debit Cards
- Industry FocusLarge Retailers, Multi-Store, E-Commerce
- Hardware CompatibilityShopify POS Devices, Smartphones
About Shopify POS
Shopify POS is the best software for eCommerce integration because it seamlessly connects with the existing Shopify store, ensuring unified inventory, customer data, and sales information across all channels.
Shopify POS was founded in 2006 and has gained the trust of over 100,000 merchants who use it for online and in-store sales.
Benefits of Shopify POS
– Retail staff management through permissions and approvals
– Actionable reports on daily sales, products, cash flow, discounts, etc.
– Product performance tracking by monitoring online or in-store purchases, including returns
– Intuitive interface for easy navigation through the app
Shopify POS Pricing
Shopify’s POS plan for selling in person starts at £5/month, and the plan for selling everywhere, including online, starts at £25/month.
Shopify POS Features
Sell products in-store, online, or on social media.
Automatic data sync into customer profiles.
Process payments from contactless digital wallets.
Advanced inventory management with analytics.
Sync with unlimited POS registers.
Real-time inventory tracking for stock count and purchase orders.
Shopify App Store to customize POS system with apps.
Custom smart grid and payment receipts.
Automatic tax calculation based on store location.
Exchange, return, cancel, and void orders.
Cash transaction support for offline situations.
Custom discounts, custom sales, and promo codes.
Shopify POS Pros/Cons
Free Shopify POS app for Android and iPad.
Supports several POS hardware like terminal, countertop kit, and tap card reader.
Use smartphone as POS terminal.
Not available in countries like the UAE, Philippines.
The app does not support iOS 12 or lower for bug fixes and new features.
Clover POS
Best for POS Hardware and Customer Retention
- Payment ProcessingCredit/Debit Cards, Gift cards
- Industry FocusRetail, Services Businesses
- Hardware CompatibilityClover POS Devices, KDS
About Clover POS
Clover POS is the best choice for POS hardware and customer retention because of its wide range of compatible hardware and personalized customer rewards programs that help organizations have more loyal customers.
Headquartered in California, USA, Clover POS was founded in 2012 and has been offering software and hardware support to customers.
Benefits of Clover POS
– Integration with Xero, Quickbooks, MailChimp, Yelp, etc.
– Easy and efficient refunds, returns, and exchanges
– Customizable reporting for real-time and trending sales data
– Processing offline transactions upon reconnection
Clover POS Pricing
Clover will cost you 2.3% + 10¢ per transaction.
Clover POS Features
Cloud-based software for anytime, anywhere transactions.
Payments from debit cards, credit cards, mobile wallets, contactless, and scan checks.
Tax rate setup and automatic application.
Digital receipts and tipping in one click.
Automatic service charge application.
Order optimization with item-level discounts.
Customer loyalty program through customer engagement app.
Private customer feedback.
Free Clover mobile app for custom marketing campaigns.
Storage for customer order history, birthday, and contact info.
Staff schedule management and individual employee permissions.
Clover POS Pros/Cons
Large range of compatible hardware from Clover.
Virtual Terminal for payments without POS system.
PCI‑certified system with complete encryption.
24/7 expert phone support.
No fixed fee structure per transaction.
Does not offer any free trial.
CAKE
Best for Breweries, Bars, and Pubs
- Payment ProcessingCredit/Debit Cards, Contactless, QR Codes
- Industry FocusQuick-Service Restaurants, Bars, Pubs, Cafes
- Hardware CompatibilityCAKE POS Devices, KDS, Kiosk
About CAKE
CAKE is the best POS system that offers menus and quick cash buttons on a single screen for quick bar service. For this reason, bars, breweries, and pubs find this POS highly suitable for their needs.
CAKE was founded in 2011 and is headquartered in North Carolina, the US.
Benefits of CAKE
– Place, edit, and cash out orders from the all-in-one screen
– QR code for easy payment through smartphones
– Easy opt-in service during checkouts for the loyalty program
– Download performance data in CSV and PDF format
CAKE Pricing
CAKE offers three different plans for bars and restaurants, which are listed below.
– Essentials: $69/month
– Plus: $125/month
– Pro: $295/month
CAKE Features
Easy check split up and item swipe.
Order queue to track orders and access open tickets.
Contactless payment like Apple Pay and Google Pay.
Secure transaction processing with a smart chargeback assistant.
Curbside management system.
Integrated self-service kiosk.
Gift card sales for increased revenue.
Order sync with Kitchen Display System (KDS) or printers.
CAKE Pros/Cons
Easily accessible menu admin portal.
Card pre-authorization to avoid fraud.
Transparent pricing.
Real-time performance report.
No free plan is available.
Limited scalability and feature set.
Lightspeed POS
Best for Retail
- Payment ProcessingCredit/Debit Cards, Contactless, Apple Pay, Google Pay
- Industry FocusRetail, Hospitality, E-Commerce
- Hardware CompatibilityLightspeed POS Devices, iPad
About Lightspeed POS
Lightspeed is a point of sale software that integrates with the best retail applications to manage both the front-end and back-end processes of a retail business. This makes it the best POS software for retail.
Lightspeed POS was established in 2005 and currently has customers in 100+ countries in the world.
Benefits of Lightspeed POS
– Manage customer and sales data across sales channels and stores
– Personalized workflows using Lightspeed API
– Manage all locations through a unified platform
– Bespoke reports for business visibility
Lightspeed POS Pricing
For the USA retail services, Lightspeed POS pricing starts at $89/month.
Lightspeed POS Features
Payment from all major debit and credit cards.
Contactless payment, deposits, and buy now, pay later.
Customer profiles with purchase history.
Real-time insights and visibility into product performance.
Online order management with order and stock.
Inventory and warehouse tracking for spotting trends.
Customer segmentation and communication for marketing automation.
Shopping support for eCommerce websites and social media.
Dashboard for sales, customers, and inventory.
Sales processing without an Internet connection.
Stock transfer and replenishment automation.
Lightspeed POS Pros/Cons
24/7 support from retail experts.
Dedicated account manager to solve all queries.
One-on-one onboarding.
End-to-end encrypted transactions.
Expensive solution.
The app runs only on iPadOS.
TouchBistro
Best for Restaurants and Cafes
- Payment ProcessingDigital wallets, Credit/Debit Cards, Contactless
- Industry FocusFood and Beverage
- Hardware CompatibilityTouchBistro POS Devices, iPad
About TouchBistro
TouchBistro is a POS solution provider that also comes with a restaurant management system. It brings all the solutions (front of house, back of house, guest engagement) needed to manage restaurants and cafes’ under one umbrella.
TouchBistro started its journey in 2010 and empowered more than 29,000 restaurants across the globe.
Benefits of TouchBistro
– Integrate with accounting, staff scheduling, and payment processing tools
– Deliver better experience to the customers with faster payment processing of mobile POS
– Help with easy table management with tableside orders, bill splitting, and improved table turnover
– Edit and manage multiple menus (online and in-house) from one place
TouchBistro Pricing
TouchBistro POS pricing starts at $69/month, where additional charges might apply.
TouchBistro Features
Payment through debit cards, credit cards, tap-to-pay, and digital wallets.
Contactless payment with e-wallets like Apple Pay, Google Pay, and Samsung Pay.
Modified prompts and similar upselling features.
Built-in staff management software with controlled access and action restrictions.
Real-time data like staff sales performance, overtime, and labour cost.
Easy-to-build menu with cloning, scheduling, and syncing features.
Menu personalization according to the dietary needs of the customers.
Cloud-based POS for seamless remote access.
Customer behaviour Insights and spending patterns.
Automatic sales report and data sharing with colleagues.
Intuitive reporting to analyze sales trends and CRM data.
TouchBistro Pros/Cons
Direct online ordering and takeout delivery.
POS system for full-service restaurants.
Loyalty program support for online and dine-in purchases.
Offline payment processing.
No free trial option to try out its features.
Does not work on Android devices.
Toast POS
Best for Restaurants and Dine-Ins
- Payment ProcessingCredit/Debit Cards, Gift Cards, Contactless
- Industry FocusRestaurant, Cafes
- Hardware CompatibilityToast POS Devices, KDS
About Toast POS
Toast POS is a solution that can cater to the unique needs of sales and management of restaurants. Hence, it is the ideal POS for restaurants and dine-ins.
US-based company Toast POS was founded in 2011 and had a 60% year-on-year revenue growth in 2022. More than 100,000 restaurants use POS and other services of Toast.
Benefits of Toast POS
– Integrate with payroll, hotel, delivery, online ordering, services, and KDK apps
– Increase turn time with faster order and payment service
– Allow easy software setup and quick user learning
– Increase off-premise sales with minimum third-party commissions
Toast POS Pricing
Toast offers a free plan with basic software and hardware. The subscription plans start at £80 /month.
Toast POS Features
Multiple payment method support for tableside payments.
Instant guest feedback collection and immediate response.
Order-ready notification for instant payment.
Takeout and delivery channel support for commission-free ordering.
Complete overview of labour costs and sales across all locations.
Sales summary and detailed analytics to monitor the restaurant’s performance.
Menu access and modification from any device.
Item countdown to manage the availability of an item.
Options for remote and on-site implementation.
Toast POS Pros/Cons
Free plan ideal for single-location cafes and food trucks.
Restaurant-grade hardware to withstand heat and spills.
Offline mode for always-on payment processing.
Cloud software for all kinds of restaurants.
Limited customization facility.
Mixed reviews on customer service on Capterra.
Epos Now
Best for Small and Medium Retailers
- Payment ProcessingCredit/Debit Cards, Contactless, Mobile
- Industry FocusRetail, Service Providers
- Hardware CompatibilityEpos Now Devices, Smartphones, Windows PC
About Epos Now
Epos Now POS is a dedicated POS system for small and medium retail businesses. Because of its user-friendly UI, extensive hardware support, and third-party app integration, SMBs can use it effortlessly without investing much effort and resources.
Established in 2011, Epos Now is used in 64,000 locations in 74 countries.
Benefits of Epos Now
– Integrate with Quickbooks, Mailchimp, International Bancard, etc.
– Automate daily admin tasks like inventory management
– Configure POS system for unique business needs
– Use on all common OS — PC, Mac, Android, and iOS
– Flat rate for all transactions when used with Epos Now payments
Epos Now Pricing
You need to contact the Epos Now team for pricing information.
Epos Now Features
Easy setup and onboarding with staff training.
Point of sale software suitable for online and delivery.
Multi-site employee management.
Data collection of card and cash sales.
Easy-to-understand business report generation.
Real-time report on customers and staff.
Sales analytics to identify top employees and products.
Track in-store purchases and online orders.
Customer shopping profile with synced loyalty program.
In-house support team for 24/7 phone support.
Epos Now Pros/Cons
Epos AppStore with tools for payments, accounting, eCommerce, orders, and operations.
On-the-go access to business insights.
Real-time reporting on sales, margin, stock, and staff.
Multi-channel ready POS.
No transparent pricing.
Not ideal for rapidly growing businesses.
Revel Systems
Best for Quick Services
- Payment ProcessingCredit/Debit Cards, Mobile Wallets
- Industry FocusQuick Service Restaurants
- Hardware CompatibilityiPad, Kiosks, KDS
About Revel Systems
Revel Systems is the best software for enterprise business because it streamlines the deployment process and aligns with the changing business demands of an enterprise.
Founded in 2010, this company has offices in the USA, Lithuania, Australia, and Singapore and earned $129.1 million in revenue in 2023.
Benefits of Revel Systems
– Automated software updates to allow users access to new features
– Improved user experience for the customers and the POS users
– PCI-compliant cloud technology to secure customer information and business data
– Identification of top sellers, business hours, and monthly progress through the analytics suite
Revel Systems Pricing
You can contact the sales team to learn about Revel Systems’ pricing.
Revel Systems Features
Multiple payment types, such as credit/debit cards, mobile pay, gift cards, and QR codes.
In-store and online payment.
Interruption-free transactions through Always On mode.
Create and apply discounts in real-time.
User access controls to prevent data breaches and mitigate insider threats.
Real-time inventory management at a granular level.
In-house payment processing solution to integrate with POS.
Self-service tools to manage chargebacks and payment transactions.
EMV-enabled terminal to safeguard against fraudulent activity.
Revel Systems Pros/Cons
24/7 access to payment experts.
Open API with customization facility.
Ideal for iPadOS users.
Point-to-point encrypted (P2PE) payments.
Does not offer any free trial.
No pricing information is available on the website.
Erply
Best for Inventory Management
- Payment ProcessingCredit/Debit Cards, Gift Cards
- Industry FocusRetail, Wholesale, Franchise Businesses
- Hardware CompatibilityErply POS Devices, Mac
About Erply
Erply is a POS software that has built-in inventory software for real-time inventory tracking. The smooth integration of the POS with the inventory tool makes it the best point-of-sale software for inventory management.
Erply was established in 2010, and more than 100,000 stores use it in 15 different languages.
Benefits of Erply
– Free eCommerce integration with Shopify, Woocommerce, and Magento
– Cloud-based software that works online and offline
– Real-time automatic syncing of transaction data with Erply account
Erply Pricing
Erply supports free sign-up and a 60-day free trial. It offers four plans, which are listed below.
– Point of Sale: Free
– Inventory for eCommerce: $39
– Inventory + Retail POS: $69
– Franchise & Chain: Contact to know pricing
Erply Features
POS software is compatible with Windows and iPadOS.
Unique username, password, and time clock entries for each employee.
Layaway sales management with inventory tracking.
Cash in/out feature to log expenses.
Reports for cash flow tracking.
In-store order pick-ups with refunds and promotions.
Fast item scanning with scannable barcodes.
Customizable sales order process.
Erply Pros/Cons
Free POS plan for small businesses.
Free trial for 60 days.
Region-based data centres.
Seamless POS returns via receipt and invoice number.
Comes with a steep learning curve.
Limited customization options.
KORONA POS
Best for Inventory and Customer Management
- Payment ProcessingCredit/Debit Cards, Mobile Wallets, Gift Cards
- Industry FocusE-commerce, Retail, Online Services
- Hardware CompatibilityKORONA POS Devices, Kiosk
About KORONA POS
KORONA POS offers a consolidated inventory that includes auto ordering, shipment tracking, and stock notification. It also has a complete CRM system. For these reasons, KORONA POS is the best POS solution for inventory and customer management.
KORONA POS was founded in 2011 and is headquartered in Nevada, USA.
Benefits of KORONA POS
– Manage employee time by log-in and log-out time tracking
– Access the support team 24/7 on calls, emails, and chat
– Prevent retail loss with receipt voids and cancellations
– Get set up and installation guide from the company
KORONA POS Pricing
The subscription plans of KORONA POS are listed below.
– KORONA POS Core: $69/month
– KORONA POS Retail: $59/month
KORONA POS Features
Transact using any debit or credit card with EMV chips and automated prompts.
Support all modern payment methods, including Apple Pay and Google Pay.
Split payment, gift cards, and fast payment processing.
Return and refund processing for all cash and card transactions.
Customizable promotions and discounts.
Auto ordering and accurate inventory counting.
Quickly import inventory database.
Directly print labels and prices from the inventory management system.
Track shipping and product catalogue analysis.
Built-in loyalty system and integration with leading loyalty software.
Product performance insights.
CRM to collect customer data.
Access control for each employee.
Track crucial KPIs and generate reports.
KORONA POS Pros/Cons
Unlimited free trial.
60-day money-back guarantee.
Royalty management for franchisees.
Multi-location promotion with deals and discounts.
Comes with a steep learning curve.
Reports have limited customization.
PayPal POS
Best for Online Payments
- Payment ProcessingCredit/Debit Cards, Digital Wallets, PayPal Payments
- Industry FocusRetail, Travel, Small Businesses
- Hardware CompatibilityPayPal POS Device, Smartphones
About PayPal POS
PayPal POS is a point-of-sale system that accepts payments for your business. Since PayPal is a widely used payment system, using PayPal POS saves businesses from inter-platform networking fees.
PayPal was founded in 2000 and is headquartered in California, USA.
Benefits of PayPal POS
– Integrate with Quickbooks, BigCommerce, Woocommerce, and SalesVU
– Quick access to money using a PayPal Business account
– Manage products, stock levels, and prices from one place
– Oversee staff schedule, shifts, and sales activities
PayPal POS Pricing
The PayPal POS software is free, but it will cost you 1.79% per transaction.
PayPal POS Features
Tap to pay from credit and debit cards.
Payment from digital wallets like Google Pay, Apple Pay, and Samsung Pay.
Quick product selection for speedy sales.
Product catalogue with categories, barcodes, and photos.
Digital and paper receipts for customers.
Bulk import of products from a spreadsheet.
Zettle by PayPal to manage inventory by setting prices.
Automatic stock level update.
Identify bestselling products.
Detailed sales report with analysis.
Customized reports view and report sharing.
Sales and refund tracking.
View performance report.
PayPal POS Pros/Cons
Free POS software.
Dedicated apps for Android and iOS.
Contactless payment from the phone.
Complex fee structure for transactions.
No integration with employee management or inventory management tools.
GoDaddy POS
Best for Online and In-Person Sales
- Payment ProcessingCredit/Debit Cards, Apple Pay, Google Pay
- Industry FocusRetail, Service Providers
- Hardware CompatibilityGoDaddy POS Devices, Smartphones, Windows PC
About GoDaddy POS
GoDaddy POS is one of the well-known point-of-sale systems enabling cross-channel shopping for customers. It means they can purchase a product online and pick it up from a physical store. Or, they may book something online and pay in person.
This seamless syncing of online and offline sales data into the unified platform makes it the best option for online and in-person sales.
GoDaddy was founded in 1997 and currently has 22 million customers worldwide.
Benefits of GoDaddy POS
– Fast payouts as early as the next business day
– Smooth integration with the GoDaddy Online store
– Get paid without additional hardware using Virtual Terminal
– Custom quotes for businesses with yearly sales of $100,000
GoDaddy POS Pricing
GoDaddy POS charges 2.3% + 0¢ for each in-person transaction and 2.3% + 30¢ for each online transaction. You can request a demo to get the custom pricing for your business.
GoDaddy POS Features
Simplistic dashboard for managing in-person and online sales.
Payments using debit cards, credit cards, and contactless payment methods.
Tap to Pay feature to get paid via iPhone and NFC-capable Android smartphones.
Access email marketing and social marketing tools.
Create digital content for marketing campaigns.
Track sales, payments, and inventory from one platform.
GoDaddy POS Pros/Cons
PCI-secure GoDaddy Payments transactions.
30-day money-back guarantee with devices.
Mobile apps for Android and iOS.
Easy-to-use software with hassle-free onboarding
Supports only in-house payment processors.
Limited number of hardware selection.
eHopper POS
Best for FREE Card Processing
- Payment ProcessingCredit/Debit Cards, NFC, Apple Pay, Samsung Pay
- Industry FocusSmall Businesses, Retail Stores
- Hardware CompatibilityAndroid Tablets 7+ , Windows PC, Poynt Terminals
About eHopper POS
eHopper POS is a powerful point-of-sale system solution that enables efficient business management. New and existing US merchants can fill in a form and submit it to the program, where they get free card processing. It is headquartered in the USA.
Benefits of eHopper POS
– Works on Android tablets, Windows PCs, and the Poynt mobile terminal
– Streamlines business operations by letting you manage devices and employees from one place
– Collects customer information in real-time to use it for outreach and marketing programs
– Supports cash drawers, printers, and scanners
eHopper POS Pricing
eHopper offers four subscription plans, which are listed below.
– Essential: Free
– Freedom: $24.49/month
– Restaurant: $27.99/month
– OmniChannel: $35.99/month
eHopper POS Features
Accepts debit card, credit card, and cash.
Offline support for all tasks except the ones that involve credit cards.
Choose receipt language between English, Spanish, and Russian.
Create custom receipts for every individual customer.
Void an order, refund a single item or the entire order, or issue a manual refund.
Track denominations in your cash drawer.
Include or exclude tax to avoid violating tax laws.
Offer discounts to the customers and set up loyalty rules.
Manage employee access to price changes and discounts.
Quickbooks integration to manage sales data.
Employee management with unlimited employee accounts.
Reports of sales, transactions, inventory, staff activities, and customer info.
eHopper POS Pros/Cons
Free point-of-sale Software with no hidden fees.
Free card processing for US customers.
No long-term commitment.
Works offline when internet connection is unavailable.
Does not support iOS devices.
Phone support is available only to OmniChannel plan users.
Helcim POS
Best for Payment Processing Solutions
- Payment ProcessingCredit/Debit Cards, Contactless, Mobile Wallets
- Industry FocusHealthcare, Automotive Professional Services
- Hardware CompatibilityHelcim POS Devices, Tablets, Workstations
About Helcim POS
Helcim POS is a point of sale software for accepting in-person payments. It offers international credit card processing (Visa and MasterCard) and allows you to receive payment in your local currency. For this reason, Helcim POS is the best POS software for payment processing solutions.
Helcim POS was founded in 2006 in Alberta, Canada.
Benefits of Helcim POS
– Avoid fraudulent transactions with Helcim Fraud Defender
– Accept online payments using Helcim Virtual Terminal
– Integrate with Quickbooks and WooCommerce
– Create custom business solutions with API
Helcim POS Features
Accept payments from debit cards, credit cards, bank transfers, etc.
Dashboard to view best-selling items and sales trends.
Business reports with actionable insights.
Inventory setup and management.
Automatic inventory data sync from multiple locations and devices.
Unlimited user accounts without any additional charges.
Unique user permission for controlled access.
Helcim POS Pros/Cons
Offers optimum experience for desktop and mobile checkout.
Does not include any setup, cancellation, or monthly fees.
PCI-compliant platform to avoid non-compliance penalties.
Free Helcim account without any paperwork.
Complex transaction fee structure.
Very limited integration support.
Best Point-of-Sale Software Comparison
Here, we compare the best Point-of-Sale software to find the perfect fit for your business needs and maximize efficiency.
POS Software | Rating Geekflare’s editorial team determines ratings based on factors such as key features, ease of use, pricing, and customer support to help you choose the right business software. | Pricing | Explore |
|---|---|---|---|
Square POS | Free | ||
Shopify POS | £5/month | ||
Clover POS | Custom Pricing | ||
CAKE | $69/month | ||
Lightspeed POS | $89/month | ||
TouchBistro | $69/month | ||
Toast POS | Free | ||
Epos Now | Custom Pricing | ||
Revel Systems | Custom Pricing | ||
Erply | $39/month | ||
KORONA POS | $59/month | ||
PayPal POS | 1.79%/transaction | ||
GoDaddy POS | 2.3% + 0¢/transaction | ||
eHopper POS | Free | ||
Helcim POS | Free |
What is the Importance of POS Software?
It is essential to recognize the significance of POS software in the business world before selecting the most suitable one for your business. Here, we have outlined the importance of choosing the best POS software.
- Faster transactions compared to manual calculation
- Shorter queue due to quick checkout
- Task automation for issuing refunds and discounts
- Real-time inventory tracking
- Schedule employee shifts to manage the workforce
- Track employee performance
- Centralized data management
- Report generation on sales trends and customer behaviour
- Informed decision-making on pricing, inventory, and marketing
- Improved customer satisfaction through reduced wait time
- Cost-effectiveness through improved efficiency and operation optimization
What Are the Uses of POS Software?
The uses of POS software are listed below.
- Sales Transaction Processing: The primary use of a POS system is to accept payments through cash, card, and digital wallets with accuracy and streamline the checkout process.
- Inventory Management: Companies also use POS software to track inventory, identify low stock, and analyze product performance.
- Payment Processing: Payments are also processed by integrating with payment gateways and resolving payment disputes.
- Sales Reporting and Analytics: POS systems offer reports and analytics on sales data.
- Customer Management: It also lets you create customer profiles, track purchase history, receive feedback, and perform other customer-related tasks.
- Employee Management: Point of sale software is used to manage the staff shift, schedule shifts, assign permissions to them, etc.
- Integration with Other Software: Businesses also integrate the best POS software with other applications to enhance their capabilities.
How To Choose POS Software?
Choose POS software based on the factors outlined below.
- Define Business Needs: Locate the features and benefits your business needs from POS software.
- Determine Budget: Fix the budget for the POS system.
- Research Available Options: Do your research to find out the available software in the market.
- Read Reviews: Read online reviews to know user opinions on these applications.
- Get Recommendations: If you know someone using a POS system already, you can get recommendations from them.
- Check Compatibility: Check if the POS software you want to buy is compatible with your existing hardware, OS, and other systems.
- Assess Ease of Use: The point-of-sale software you choose should be easy to use.
- Customer Support: Before choosing software for POS, make sure the company has good customer service.
When To Use POS Software?
Businesses use POS software to sell in person and manage physical stores, such as retail stores, restaurants, mobile vendors, and service businesses. When companies need to streamline sales transactions, track customer data, and optimize their business operations, they use POS software.
What is the Effectiveness of POS Software?
When compared to the traditional way of monitoring POS, point-of-sale software is effective in the following ways.
- Improved Efficiency and Accuracy: POS system software significantly improves the accuracy and efficiency of the process.
- Security: POS software offers protection against data breaches and fraud through user authentication and encryption.
- Automation: Tasks like transaction and reporting are done effectively with the POS system.
- Speed: Businesses can speed up their processes with point-of-sale software by reducing queues and wait times for their customers.
- Inventory Tracking: POS system applications also support tracking inventory status for stock level updates, reordering, and report generation.
- Data Analytics: Valuable insights into customer behaviour and product performance are available on the point of sale software, which manual POS does not produce.
Is POS Software Expensive?
No, POS software is not expensive. Businesses use many free POS software. You can even choose paid POS software based on your budget.
Are Point-of-Sale Systems Worth It?
Yes, point-of-sale systems are worth it in most cases. The POS system automates transaction and inventory management tasks, saving you time and manual effort. It also offers an enhanced experience to the users, resulting in greater loyalty. Companies also get data insights about profit, sales trends, and customer behaviour from a POS system. Before choosing any point-of-sale system, assess your current process to identify your business needs.
Do Small Businesses Need to Have a POS System?
Yes, small businesses should have a POS system because it makes life easier for small business owners with many roles. There are dedicated POS systems for small businesses available in the market. Small business owners should have those to make the business process more efficient.
What Is the Alternative to POS Software?
The alternatives to POS software could be inventory management software, payment processing software, accounting software, eCommerce software, etc. Traditional cash registers, spreadsheets, and mobile payment applications are also popular POS software alternatives.
What Are The Other Enterprise Software?
Other best enterprise software used with POS by businesses are explained below.
- Inventory Management Software: To manage orders, stock levels, and real-time updates.
- Accounting Software: To streamline Financial processes and sync sales data and expenses.
- Enterprise Resource Planning (ERP) Software: To integrate multiple business processes like finance, supply chain, and HR together.
- eCommerce Platforms: To integrate with POS software for online sales.
- Marketing Automation Software: To automate email campaigns and social media management using POS data.
- CRM Software: To manage customer interactions and purchase history.