Compare RetailEdge and Preferred POS - Nov 2022

Shlomi LaviShlomi Lavi / Nov 23, 2022

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Bottom Line: Which is Better - RetailEdge or Preferred POS?

Preferred POS is more expensive to implement (TCO) than RetailEdge, and Preferred POS is rated with the same score (85/100) as RetailEdge (85/100). RetailEdge offers users more features (22) than Preferred POS (5). There is a clear winner in this case and it is RetailEdge!

Looking for the right Point of sale solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Retail Edge Vs. Preferred POS

Retail Edge: Retail POS Software Provides an easy to use solution POS Software RetailEdge POS Software has been helping businesses with their inventory, point of sale, customer and order tracking needs for over 20 years. RetailEdge point of sale software is easy to install, inexpensive and has many powerful features that most POS solutions charge thousands...

Preferred POS: If you have your own computer, all you need to get started is the Preferred POS software. A touch screen monitor is not required to use the point of sale software but, it makes the sales process faster and easier. You can also scan your products that have bar codes for fast and accurate entry. Include our secure payment processing to avoid duplic...

Who is more expensive? RetailEdge or Preferred POS Software?

The real total cost of ownership (TCO) of Point of sale software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for RetailEdge and Preferred POS Software.

RetailEdge price starts at $495 per license , On a scale between 1 to 10 RetailEdge is rated 2, which is much lower than the average cost of Point of sale software. Preferred POS Software price starts at $89.95 per license , When comparing Preferred POS Software to its competitors, the software is rated 2 - much lower than the average Point of sale software cost.

Bottom line: RetailEdge cost is around the same cost of Preferred POS Software.

Which software includes more/better features?

We've compared RetailEdge Vs. Preferred POS based on some of the most important and required Point of sale features.

RetailEdge: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounting Management, Age Verification, Bar Code Scanning, Buy X, Get Y Pricing, Credit Card Processing, Customer History, Customer Management, Discounts.

Preferred POS Software: Sales Management, Retail & POS, Retail, Inventory Management, Barcode Scanning.

Target customer size

RetailEdge POS and inventory management system can be used by both single store and multiple store owners. and Preferred POS Software's target customer size include: Small businesses and start ups.

RetailEdge

ITQlick rating
(4.7/5)

starts at $495 per license

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 ...

Categories: Consignment POS, Convenience Store POS, Grocery POS, Hardware Store POS.

Preferred POS

ITQlick rating
(3/5)

starts at $89.95 per license

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...

Categories: Employee Engagement, Inventory Management, Barcode Scanning, Convenience Store POS, iPad POS.

Compare specifications

Compare features

RetailEdge: 22 Features

Accounting Management
Age Verification
Bar Code Scanning
Buy X, Get Y Pricing
Credit Card Processing
Customer History
Customer Management
Discounts
eCommerce
Employee Management
Gift Cards
Inventory Management
Layaways & Quotes
Mobile POS Capability
Multiple Payment Forms
Price Lookup
Print Receipt
Receipt Notes
Reporting
Revenue Totals
Sales Commissions
Sell when Server/Network Down

Preferred POS Software: 5 Features

Sales Management
Retail & POS
Retail
Inventory Management
Barcode Scanning
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
RetailEdge
ITQlick rating
4.7/5
Score
85/100
Pricing
2/10
License pricing
$495 per license
Functionality
32
Compare
Preferre...
ITQlick rating
3/5
Score
85/100
Pricing
2.4/10
License pricing
$89.95 per license
Functionality
15
Toast PO...
ITQlick rating
4.3/5
Score
98/100
Pricing
2.8/10
License pricing
$165 per month
Functionality
10
LightSpeed
ITQlick rating
4.2/5
Score
93/100
Pricing
2.6/10
License pricing
$69 per month
Functionality
44
Clover
ITQlick rating
3.7/5
Score
91/100
Pricing
6/10
License pricing
$9.95 per month
Functionality
5
Review

Auditor - 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.