Top 54 Point of sale Software

2022's Best 54 Point of sale Systems

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1. Toast POS

  • Best for: Small, medium and large size businesses
  • Price: starts at $165 per month
  • Mar 09, 2022
Compare Toast POS Vs. Toast POS

Toast POS is a simple yet powerful all-in-one point of sale (POS) software designed to supercharge the operations in a restaurant setting.


2. LightSpeed

  • Best for: Small, medium and large size businesses
  • Price: starts at $69 per month
  • Mar 10, 2022
Compare LightSpeed Vs. Toast POS

LightSpeed software is a point of sale solution that helps retailers run their businesses. The solution has a number of capabilities that include merchant services that manage all transactions from one place and increases security.


3. Clover

  • Best for: Small, medium and large size businesses
  • Price: starts at $9.95 per month
  • Mar 14, 2022
Compare Clover Vs. Toast POS

Clover is a Java code and metrics management solution for businesses of all sizes. Its services include code risk management, test optimization, continuous integration, and others. The software was designed and launched by Altassian headquartered in Sydney, Australia.


4. PHP Point Of Sale

  • Best for: Small businesses and start ups
  • Price: starts at $28.25 per month
  • Mar 20, 2022
Compare PHP Point Of Sale Vs. Toast POS

PHP Point of Sale is a cloud-based point of sale software that helps drive small retail businesses to more customer-focused and profit-generating establishments.


5. Cash Register Express

  • Best for: Small businesses and start ups
  • Price: starts at $599 per license
  • Mar 03, 2022
Compare Cash Register Express Vs. Toast POS

Cash Register Express is a point of sale cloud-based software that allows users to streamline their business management as well as saving resources. It manages customer data in a very secure manner and sustains configurability.


6. Springboard Retail Software

  • Best for: Small, medium and large size businesses
  • Price: starts at $80 per month
  • Jun 01, 2022
Compare Springboard Retail Software Vs. Toast POS

Heartland Point of Sale is a cloud-based POS and retail management software that offers a fresh approach to POS solutions and a better retail software experience. Starting from item entry via look up or scan to customer lookup and creation, this POS system offers all the features you need and is als...


7. Vend

  • Best for: SMBs
  • Price: starts at $99 per month
  • Jul 02, 2022
Compare Vend Vs. Toast POS

Vend is a cloud-based and on-premise Point of sale system that is specifically designed for use in businesses of all sizes from small-sized businesses, medium-sized businesses, and large enterprises.


8. Preferred POS Software

  • Best for: Small businesses and start ups
  • Price: starts at $89.95 per license
  • May 16, 2022
Compare Preferred POS Software Vs. Toast POS

Preferred POS Software is a trending cloud-based Retail-POS software, it is designed to support small and medium size business. Preferred POS Software received a rating of 3 from ITQlick team. The software cost is considered affordable (1.2/5) when compared to alternative solutions.


9. Shoptiques POS

  • Best for: SMBs
  • Price: starts at $125 per month
  • May 16, 2022
Compare Shoptiques POS Vs. Toast POS

Shoptiques POS is a retail processing software that allows the user to manage stores, products, and staff using real-time reporting analytics. It also allows the customer to handle order checkout and manage inventory.


10. HIPPOS

  • Best for: SMBs
  • Price: starts at $49 per terminal/month
  • May 16, 2022
Compare HIPPOS Vs. Toast POS

HIPPOS is a cloud-based Point-of-sale software designed for retailers, restaurants, hospitality, and hardware businesses.


Pricing Guide - Point of sale Software:

Retail POS Price Range

Most retail point of sale products in the market have pricing based on the number of users, physical locations, machines, or sales outlet. Most products are priced per month, and their pricing can be divided into three tiers, starting from $29 to $39, $39 to $75, and then $75 upwards.

These are the price ranges for basic offerings of most vendors; hence, premium offerings which come with more features cost more. For example, Ricochet pricing starts from $99 per month, KORONA costs about $49 per month, and WooPOS pricing starts from $29 per month. Perpetual licences can also be bought for some retail POS software. An example is RetailEdge which can be bought with a one-time fee of $449.

In addition, retail POS vendors target different organization sizes, so business size determines the price.

  • Small Businesses that are looking for a retail POS system can expect to pay between $25 to $50 on a monthly basis. For instance, Epos Now pricing starts from $39 per month, and ThriftCart starts from $50 per location, per month. Meanwhile, some products have freemium plans for small business, while some products are completely free. For example, HadePay is 100-percent free to use.
  • Medium Businesses can expect pricing points between $50 to $120 for a retail POS system monthly. For example, Heartland Retail pricing starts from around $99 per month, LightSpeed POS from $69 per month, and Realtime Cloud from around $80 per month. The number of user accounts paid for on each plan can also attract discounts, depending on the pricing terms from each vendor.
  • Large Businesses can expect prices that fall between the range of $120 to $500 for a retail POS system monthly. For example, RUnit Realtime Cloud pricing starts from $258 per machine monthly, WinWard System Five from around $125 per month, and Epicor Retail Solutions costs around $350 per month for each user account. However, many vendors do not disclose their pricing for large businesses so as to enable them to adjust their pricing based on the need of each organization.

Here are some Retail POS best of breeds and their price ranges are as follows:

  • Retail Management Software Retail management products can be divided into three tiers, and the price ranges for each tier are $28 to $39, $39 to $83, and $83 above. Also, most retail management products are priced on a monthly basis per user or physical location managed with the software. For example, Quant Retail pricing starts from $180 per user monthly, PHP Point of Sale from $39 per month, and POSExpress costs up to $190 per month.
  • iPad POS Most iPad POS products in the market are priced per user or per usage based on a monthly basis. Their price points fall into two tiers, starting from $0 to $30, and then $30 to $85. For example, TillPoint pricing starts from $29 per month, Ambur POS from around $60 per month, and Loyverse pricing starts from $0.01 per usage every month. Meanwhile, some iPad POS software have perpetual licenses that can be bought with a one-time fee; an example is Digital Dining which costs $10,000.
  • Bar POS Software Bar POS products in the market can be divided into two tiers, with each having a different price range depending on the robustness of features. The price ranges fall within $15 to $40 and $40 to $85. For example, BePOZ Point of Sale pricing starts from $69 per month, HarbourTouch POS from $29 per month, and Unicenta from $49 monthly.
  • Restaurant POS Software For a restaurant POS software, users can expect to pay between the ranges of $50 to $100 above per user, table, or managed location. For example, SpotOn Restaurant pricing starts from $65 monthly, Toast POS from $79 per month, and Upserve POS pricing is around $59 monthly. However, most products may incur extra one-time fees that fall between $2,000 to $7,000 because they require additional hardware equipment to run.
  • Retail Management POS Most Retail Management POS software in the market are priced on a per-user, per-month basis, and their price can fall between three ranges, from $0 to $50, $50 to $100, and then $100+ upwards. For example, Lavu pricing starts from $69 per month, PoinOS from $39 per user monthly, and TouchBistro from around $70 per user monthly.

11. RetailEdge

  • Best for: SMBs
  • Price: starts at $495 per license
  • Nov 23, 2022
Compare RetailEdge Vs. Toast POS

RetailEdge is an on-premise retail point-of-sale software solution that is designed to serve the small and mid-size businesses. With the software, a user can manage to have multiple location support as well as a mobile POS.


12. ConnectPOS

  • Best for: Small, medium and large size businesses
  • Price: starts at $39 per month
  • Apr 25, 2022
Compare ConnectPOS Vs. Toast POS

ConnectPOS is a point of sale software designed to manage payments, inventory, and checkouts of any business or organization.


13. Cashier Live

  • Best for: Small businesses and start ups
  • Price: starts at $75 per store/month
  • May 18, 2022
Compare Cashier Live Vs. Toast POS

Cashier Live is cloud-based retail Point of Sale (POS) which was designed to assist the store managers and owners run their businesses on different devices. The solution core features include Point of sale, inventory, and reporting.


14. Quetzal

  • Best for: Small businesses and start ups
  • Price: starts at $75 per month
  • May 18, 2022
Compare Quetzal Vs. Toast POS

Quetzal is a cloud-based software developed to offer a platform for retailing in a specialized field. The software works well in small-sized businesses and medium-sized businesses dealing with items such as fashion, leather goods, and gift shops.


15. POSimplicity

  • Best for: Small businesses and start ups
  • Price: starts at $39 per month
  • Feb 16, 2022
Compare POSimplicity Vs. Toast POS

POSimplicity is a cloud-hosted retail management software solution built to offer POS (point of sale) features for restaurants, retail shops, coffee shops, stores and more. Other business modules and functionalities that POSimplicity solution provides include customer management, inventory managemen...


16. Cumulus Retail

  • Best for: Small, medium and large size businesses
  • Price: starts at $125 per month
  • Jun 22, 2022
Compare Cumulus Retail Vs. Toast POS

Cumulus Retail is a retail commerce software that provides retailers with a point of sale system, manages products and customers, track real-time sales, and manages store and website inventory.


17. Shoptree Software

  • Best for: Small, medium and large size businesses
  • Price: starts at $253.20 per year
  • Jul 02, 2022
Compare Shoptree Software Vs. Toast POS

ShopTree is a point of sale software designed to help businesses manage their business activities from customers, inventory to payments.


18. Lightning Online

  • Best for: Small businesses and start ups
  • Price: starts at $139 per license
  • Jun 24, 2022
Compare Lightning Online Vs. Toast POS

Lightning Online software is a cloud-based point of sale solution that is designed for various retailers. The solution offers a number of functionalities that include key demographics tool that views purchasing patterns and builds customer loyalty with their program.


19. NCR Silver

  • Best for: Small businesses and start ups
  • Price: starts at $79 per feature/month
  • Jun 23, 2022
Compare NCR Silver Vs. Toast POS

NCR Silver is iPad point of sale (POS) software designed for small retail businesses. Its main features include POS, reporting, customer relationship management and employee management. It is available for on-premise deployment and for client server deployment.   NCR Silver was developed by NCR in...


20. HIBOUTIK

  • Best for: SMBs
  • Price: starts at $9.90 per month
  • Jul 12, 2022
Compare HIBOUTIK Vs. Toast POS

Hiboutik is a point of sale software designed to track real-time stock quantities, track sales, manage product returns, classify orders, manage cooking options, and productively engage customers.


21. CenterEdge POS

  • Best for: SMBs
  • Price: starts at $5,000 per license
  • Jul 06, 2022
Compare CenterEdge POS Vs. Toast POS

CenterEdge Advantage is a ticketing and FEC management solution for businesses of all sizes. Its capabilities include redemption management, online sales, day care management, and others. The software was designed and launched by CenterEdge Software headquartered in North Carolina, Unite...


22. Mi9 Retail

  • Best for: Medium and large size businesses
  • Price: starts at $150 per feature
  • Aug 24, 2022
Compare Mi9 Retail Vs. Toast POS

Mi9 Retail is a point of sale software designed as a unified commerce platform where businesses can grow with analytic insights, build loyalty, engage customers, and harness their e-commerce website.


23. Tillpoint

  • Best for: Small businesses and start ups
  • Price: starts at $29 per month
  • Jul 14, 2022
Compare Tillpoint Vs. Toast POS

Tillpoint is a cloud-based point of sale software that helps cash managers organize their activities and set daily Till. It also allows them to complete stocktaking operations, streamline double-entry bookkeeping and oversee bank reconciliations.


24. POS Prophet Systems

  • Best for: Small, medium and large size businesses
  • Price:
  • Jul 15, 2022
Compare POS Prophet Systems Vs. Toast POS

POS Prophet Systems is a software product for point of sale (POS) services and retail management designed for retail and quick service restaurant (QSR) businesses. The product consists of selectable modules. There is the POSExpress QSR module and the equivalent POSExpress Retail module for restauran...


25. Paladin Point of Sale

  • Best for: SMBs
  • Price:
  • Jul 15, 2022
Compare Paladin Point of Sale Vs. Toast POS

Paladin POS is a retail and POS management solution for businesses of all sizes. It offers such capabilities as store management, customer support, inventory management, and others. The software was designed and launched by Paladin Point of Sale headquartered in Oregon, United States.


26. mPower Beverage for Liquor Stores

  • Best for: Small, medium and large size businesses
  • Price: starts at $120 per month
  • Jul 26, 2022
Compare mPower Beverage for Liquor Stores Vs. Toast POS

mPower Beverage is a cloud-based POS software that is designed specifically for wine stores, beer stores, and liquor stores, with features designed to solve and prevent management frustrations. Some of the integrated features include business intelligence, equipment leasing, quick cash register, rem...


27. Bepoz

  • Best for: Small, medium and large size businesses
  • Price: starts at $69 per month
  • Aug 04, 2022
Compare Bepoz Vs. Toast POS

Bepoz is a cloud-based point-of-sale (POS) solution designed for single & multi-location restaurant, retail operations, and admissions businesses. The solution helps the user manage multiple locations, get mobile & go anywhere as well as engage the customers.


28. Square for Retail

  • Best for: SMBs
  • Price: starts at $60 per location/month
  • Sep 07, 2022
Compare Square for Retail Vs. Toast POS

Square for Retail is a point of sale software designed to help run retail businesses. With the software, users can manage inventory, sell both online & in-store effectively, and build a strong customer relationship.


29. ShopKeep

  • Best for: Small businesses and start ups
  • Price: starts at $69 per month
  • Oct 31, 2022
Compare ShopKeep Vs. Toast POS

ShopKeep software is an iPad-based point of sale (POS) solution that usually serves retail businesses, restaurants, franchises, quick-serve businesses, and bars. ShopKeep software is cloud-hosted, and it offers multiple tools to help users manage marketing, registration, booking, staff, inventory, a...


30. ChainDrive

  • Best for: Small, medium and large size businesses
  • Price: starts at $1,000 per license
  • Jan 09, 2022
Compare ChainDrive Vs. Toast POS

ChainDrive is a software product for point of sale (POS) services and retail management designed for businesses selling products and services. The features of the tool are POS, customer relationship management (CRM), mobile assistant, operations management, product management, warehouse management, ...


31. RDT

  • Best for: Small, medium and large size businesses
  • Price: starts at $0.15 per license
  • May 31, 2022
Compare RDT Vs. Toast POS

RDT is a Point of Sale/POS retail store management software developed to help the fast-paced environment of the retailing industry.


32. retailcloud

  • Best for: SMBs
  • Price: starts at $99 per pos/month
  • Feb 14, 2022
Compare retailcloud Vs. Toast POS

retailcloud is a leading cloud-based Retail-POS software, it is designed to support small and medium size business. retailcloud received a rating of 4.5 from ITQlick team. The software cost is considered affordable (1.2/5) when compared to alternative solutions.


33. AntiqueSoft

  • Best for: Large business
  • Price: starts at $500 per license
  • Feb 14, 2022
Compare AntiqueSoft Vs. Toast POS

AntiqueSoft is a POS and retail management solution for businesses of all sizes. Its capabilities include layaway management, inventory control, management reports, and others. The software was designed and launched by E-SoftSys headquartered in Pennsylvania, United States.


34. ReliaSale

  • Best for: Small, medium and large size businesses
  • Price: starts at $20 per user/month
  • Feb 21, 2022
Compare ReliaSale Vs. Toast POS

ReliaSale is a trending cloud-based Retail-POS software, it is designed to support small, medium and large size business. ReliaSale received a rating of 2.5 from ITQlick team. The software cost is considered a bit pricey (4.2/5) vs their competitors.


35. Cash Register Express (CRE)

  • Best for: Start up, Small business, Medium business, Large business
  • Price: starts at $250 per license
  • Feb 19, 2022
Compare Cash Register Express (CRE) Vs. Toast POS

Cash Register Express is a POS and retail management solution for small and medium businesses. It offers such capabilities as accounting integration, invoice processing, inventory management, and others. The software was designed and launched by International Point of Sale headquartered ...


36. Vend POS

  • Best for: Small, medium and large size businesses
  • Price: starts at $99 per month
  • Feb 21, 2022
Compare Vend POS Vs. Toast POS

Vend POS is a cloud-based Inventory Management Software that gives the user the liberty to seamlessly manage sales. It enables the customer to perform operations such as adding discounts and notes to a particular set of items for sale, as well as managing refunds for past orders through the existing...


37. OrderOut

  • Best for: Small, medium and large size businesses
  • Price: starts at $60 per month
  • Feb 21, 2022
Compare OrderOut Vs. Toast POS

OrderOut is an award-winning cloud-based Retail-POS software, it is designed to support small, medium and large size business. OrderOut received a rating of 2.5 from ITQlick team. The software cost is considered affordable (1/5) when compared to alternative solutions.


38. StoreLIVE!

  • Best for: Small businesses and start ups
  • Price: starts at $895 per license
  • Feb 25, 2022
Compare StoreLIVE! Vs. Toast POS

StoreLIVE! By Goods Technology Services is a point of sales/POS software designed to simplify store management that can make the tasks of the workforce and the experience of the customer efficient and seamless.


39. Erply

  • Best for: Small, medium and large size businesses
  • Price: starts at $39 per feature/month
  • Feb 22, 2022
Compare Erply Vs. Toast POS

Erply is a POS and retail management solution for businesses of all sizes. Its capabilities include inventory management, customer management, employee management, and others. The software was designed and launched by Erply headquartered in New York, United States.


40. RetailMagic

  • Best for: Small businesses and start ups
  • Price: starts at $50 per month
  • Feb 26, 2022
Compare RetailMagic Vs. Toast POS

RetailMagic is an award-winning cloud-based Retail-POS software, it is designed to support small and medium size business. RetailMagic received a rating of 4 from ITQlick team. The software cost is considered affordable (1.6/5) when compared to alternative solutions.


41. Toast

  • Best for: Small, medium and large size businesses
  • Price: starts at $165 per month
  • Feb 22, 2022
Compare Toast Vs. Toast POS

Toast POS is a web based retail management solution for businesses of all sizes. It offers such services as credit card processing, sales trend analysis, order sequence tracking, and others. The software was designed and launched by Toast Inc headquartered in Massachusetts, United States.


42. Retail Management Hero

  • Best for: Small businesses and start ups
  • Price: starts at $150 per user/month
  • Mar 07, 2022
Compare Retail Management Hero Vs. Toast POS

Retail Management Hero is a cloud-based as well as on-premise retail point of sale software solution. The software has inventory management features too such as serial number tracking, loss prevention, and detection, purchasing control, and accounts receivable.


43. Profitek

  • Best for: Start up, Small business, Medium business
  • Price: starts at $3,000 per license
  • Mar 08, 2022
Compare Profitek Vs. Toast POS

Profitek POS is a retail and restaurant management solution for small and medium businesses. Its capabilities include credit card processing, inventory management, tale management, and others. The software was designed and launched by Profitek.com headquartered in British Columbia, Canad...


44. Tick-It!

  • Best for: SMBs
  • Price: starts at $1,000 per license
  • Mar 22, 2022
Compare Tick-It! Vs. Toast POS

Tick-It! is a growing cloud-based Retail-POS software, it is designed to support small and medium size business. Tick-It! received a rating of 4.7 from ITQlick team. The software cost is considered affordable (1.1/5) when compared to alternative solutions.


45. Brink POS

  • Best for: Small, medium and large size businesses
  • Price:
  • Mar 25, 2022
Compare Brink POS Vs. Toast POS

Brink POS is a fast growing cloud-based Retail-POS software, it is designed to support small, medium and large size business. Brink POS received a rating of 3.8 from ITQlick team. The software cost is considered affordable (1.2/5) when compared to alternative solutions.


46. utouchPOS

  • Best for: Small businesses and start ups
  • Price: starts at $79 per month
  • Oct 29, 2022
Compare utouchPOS Vs. Toast POS

uTouchPOS is an on-premise retail point of sale solution that is readily customized to meet the unique needs of various industries. Introducing the Elite POS, the software offers an all-in-one touch screen cash register that is ideal for restaurants, retail, as well as bars and Quick services.


47. PaySimple

  • Best for: Small businesses and start ups
  • Price: starts at $69.95 per month
  • Mar 23, 2022
Compare PaySimple Vs. Toast POS

Paysimple is a cloud-based accounting software that is designed to help companies and organizations simplify payments and billing processes via automated means.


48. NCR Counterpoint POS and Retail Management

  • Best for: Small, medium and large size businesses
  • Price: starts at $1,190 per license
  • Mar 24, 2022
Compare NCR Counterpoint POS and Retail Management Vs. Toast POS

NCR Counterpoint POS and Retail Management is a cloud-based as well as on-premise retail point of sale software. The NCR Counterpoint POS and Retail Management terminal can integrate with a touchscreen interface which allows easy handling of sales and products.


49. Oracle Food & Beverage POS

  • Best for: Small, medium and large size businesses
  • Price: starts at $5,000 per license
  • Mar 30, 2022
Compare Oracle Food & Beverage POS Vs. Toast POS

Oracle Food & Beverage is a retail POS system software designed to serve restaurants. This software helps process and connect data across restaurants supply chain, workforce, and staff.


50. prophetline

  • Best for: Small businesses and start ups
  • Price: starts at $187 per month
  • Mar 28, 2022
Compare prophetline Vs. Toast POS

Prophetline is an on-premise POS (point of sale) system, which is designed to meet the needs of small businesses and medium businesses across various industries such as footwear, guns, sporting goods, and many others.


51. PremierWireless

  • Best for: Small, medium and large size businesses
  • Price: starts at $1059.99 per license
  • Mar 28, 2022
Compare PremierWireless Vs. Toast POS

PremierWireless is a cloud based point-of-sale software designed for wireless retailers. Our team is dedicated to delivering the highest standards of software development, technical support, and customer service. PremierWireless is very powerful software with an incredibly user-friendly interface. C...


52. Paladin POS

  • Best for: SMBs
  • Price: starts at $199 per license
  • Apr 21, 2022
Compare Paladin POS Vs. Toast POS

Paladin POS is a retail POS system developed for various enterprises to manage their data with a proprietary algorithm designed for forecasting products.


53. POSitouch

  • Best for: SMBs
  • Price:
  • May 12, 2022
Compare POSitouch Vs. Toast POS

POSitouch is a retail POS system that offers various tools and functionality to help hospitality enterprises run their businesses. From a single terminal to as much as fifty terminals, POSitouch provides users with robust customization options to tweak the solution to their business style.


54. A&B POS Solutions

  • Best for: Small, medium and large size businesses
  • Price: starts at $69.99 per month
  • May 16, 2022
Compare A&B POS Solutions Vs. Toast POS

AB POS Solutions is a retail POS system that offers a ton of tools that blend in with various bar or restaurant business processes.



A Buyer's Guide to Point of sale Solutions

Point of Sale/Retail Buyer’s Guide
 
Point of Sale (POS); a very familiar term to many business owners most especially of restaurants, hotels, retail stores, and shopping centers. While still a lot of companies are using the proven-effective and efficient cash register, POS software products on the other hand has been the trend in the software market for years. POS software solution is the modern cash register. It records retail transaction between customers and sellers when it happens.
 
POS software solutions encompass many features of traditional checkout machines.  Today, POS solution packages often come with integrated accounting modules, including general ledger, accounts receivable, accounts payable, purchasing, and inventory control systems. That is, a POS system is an all-in-one solution that keeps track of your business's cash flow. Investment wise, this is an eye-opener to business owners out there whose goal is to increase sales and maximize inventories. On this Buyer’s Guide, we at ITQlick.com would like you to take another closer look on the importance of POS; what can it really bring to your business and why thousands of POS software solutions have been sold in the last ten years.
 
Types
First of all, POS software solutions can provide these awesome benefits.
  • In-depth analysis of sales data
  • Protection of business data
  • Increase business overall productivity
 
Keeping these things in mind will help you better weigh the advantages and disadvantages, one over another, of the different types of POS software solutions available. On this section, we are going to present three categories of POS solutions. Your task as a future buyer and user is to benchmark their capabilities while taking into consideration your overall business requirements.
 
Base on Application
  • Merchandise Management
  • Warehouse Management
  • Transportation Management
  • Business Intelligence
  • Inventory Control
  • Retail Accounting
  • Retail CRM
 
Base on Technology
  • Software as a Service (Cloud-based)
  • Proprietary (On-premise)
  • Industry-specific (best-of-breed)
  • Open Source
  • Mobile/Wireless POS
  • DOS-, Windows-, Mac-, Linux- based (Operating System)
 
Base on Configuration Model
  • Stand-alone Terminal
  • Network System (multiple terminals)
  • Controller-based System
 
Features
A POS solution buyer must be fully aware that most POS solution packages are often offered as a bundle of software and hardware peripherals. But to clarify, purchasing either the software or hardware alone, or the combination of both, is always an option. Retailers usually utilize scanners, weighing scale, electronic cash registers, touch screens, and many other peripherals that support sales execution. So if you will be selecting a POS solution, always consider the features of both the hardware and software. Here are the features to check for both.
 
Software
  • Internet data boards
  • Multi-management function
  • Frequent diner program support
  • Additional features
  • Software Integration
  • Ease of Use
 
Hardware
Always check the hardware and software compatibility and evaluate the right hardware and their functionality against the requirement of your system. Hardware peripherals often offered as part of the solution package are:
  • Touch Screens
  • Keyboards
  • Scanners
  • Handheld Devices
  • Printers
  • Cash Drawers
  • Customer Displays
  • Check Readers
  • Fingerprint ID Readers
 
In addition, get to know also the POS system support and warranty options. Consider inquiring if below modes/types of support are available:
  • Phone support
  • Remote Internet support
  • Loaner equipment
  • In-person support
 
 
Solutions per Business Size, per Vendor
In the retailing industry, POS system solutions market basically has two primary types of customers: retail operations and hospitality businesses. By way of identifying what types of customers you are servicing, you will be able to narrow down your search for the right POS solution. Before we provide a list of POS solution providers that you may want to assess and evaluate, let us give some emphasis first on these buying techniques and strategies.
 
  1. The right POS system solution is one that allows you to assess your inventory easily and thoroughly. Look for a solution that gives you Re-ordering Point (ROP) alerts and then automatically generates Purchase Order (PO) base on it.
  2. Weigh the ease-of-use against functionality. Look for a system that will give balance to speed, time, and features.
  3. Look for a system base on your business size, current needs, and available time of implementing it. A solution that can be customized as you grow and expand is a smart investment strategy.
  4. As cited earlier, always check the POS hardware and software.
  5. Always prefer a solution that is simple, modifiable, and user-friendly. These attributes of a POS user interface would always be a great purchase deal.
 
Now, here are some of the POS solutions where you can make use of the above techniques and strategies.
 
  • Actinic
  • EPOS Retail
  • Microsoft Dynamics
  • SalesStream
  • SAP
  • Volanté
  • Wasp Barcode Technologies
 
For more information about POS solution selection tips and ideas, ask our experts at ITQlick.com
 
Pricing Considerations
So far, we’ve gone through all the important considerations when buying a POS software solution. This time, let’s go over with pricing considerations. How much is a POS system? Basically, with all the possible software-hardware combinations, and miscellaneous costs to consider, there is no one off-the-shelf system that could have a fixed price on top of it. Here are some of the best ways to look into POS solutions when pricing is in question.
 
POS solution can provide significant returns if a retail or hospitality business have annual revenues of around $5M to $1M. As a general guide, as the POS functional breadth and depth increases, the price per terminal also increases. Starting from a small retailer climbing up to a mid-size and then large retailer level, it’s almost a linear increase of cost. To clearly understand this, here’s how POS are basically priced.
 
Cloud-based POS software solution is typically priced on a per-terminal/user, per-month basis, with some vendors offering discounts if you pay annually instead of monthly. On-premise software solution, on the other hand, is usually priced by the number of perpetual licenses required for each terminal, with fees typically paid upfront for the right to use the software in perpetuity (rather than paying based on subscription). On the average, a stand-alone or on-premise system with a single software license has a typical cost of $1,500 per terminal/user.
 
According to a market research, by using an affordable, integrated POS system, an independent retailer with revenue of $300,000 can cut costs by close to 10%. So come to think of it: cloud-basedor on-premise?
 
Market Trends
What is Bitcoin’s relevance to POS? Well, Bitcoin is a digital currency and as of this writing, some POS systems are already accepting it as a payment option. POS industry is generally in a linear progression of growth. Mobile POS, or the wireless capability of POS, is just becoming common to every city of any country. From iPad, to Mac, to PC, to Android, POS software applications have truly gone beyond the traditional cash register. Retail CRM and Merchandise Management applications are both intelligent features of POS that are bringing this industry into the limelight.
 
And as ITQlick.com’s final words of encouragement, here’s another good reason to proceed with your POS solution investment plan. According to the National Retail Federation, annually, U.S. retailers lose $224 billion due to excess inventory and $45 billion from not having inventory in stock. This calls for a reliable and dependable POS system and the right time to launch that investment is now.
Finding the right Point of sale software for your business
Proper Point of sale software selections are the precursor to successful deployment and business growth. Finding the right Point of sale solutions doesnít have to be complicated, and it doesnít have to take days or weeks of your time.

After researching over 5,000 systems, we can identify the best solution for companies of all shapes and sizes. ITQlick.com is 100% free for software buyers.



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Author - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.