PawnMaster Review

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Last updated: Feb 17, 2020

PawnMaster Review

ITQlick rating
(4/5)

Starting from $60 per month

Pawnmaster is a cloud-based and on-premise business management software. Its developed to work well in small-sized businesses, medium-sized companies, and large-sized companies. The software help manage all act...

  • Categories (4/12):

    • Retail & POS
    • Consignment POS
    • iPad POS
    • Retail

Shlomi Lavi / updated: Feb 17, 2020

What is PawnMaster?

Pawnmaster is a cloud-based and on-premise business management software. Its developed to work well in small-sized businesses, medium-sized companies, and large-sized companies. The software help manage all activities in a business, thus allowing for more concentration on ensuring customers experience is excellent which increases profits.

Pawnmaster helps in providing an all in one site for managing all activities effectively. Some features of pawnmaster include purchase order management, e-commerce, returns management and order management. Data age business system is the developer and distributor of pawnmaster. Its located in the United States and was founded in 1988.

Average Rating -

The rating of PawnMaster is 4 stars out of 5. The rating is based on ITQlick expert review.

Typical Customers

PawnMaster is best suited for pawn brokers who are looking for a readymade solution to manage their business operations so they can focus on improving their revenue.

It is a niche solution designed specifically for all types of pawn broking businesses, allowing them to efficiently track and manage their inventory and therefore improving both their cash flow and resultant profits.

The software enables a pawn shop to implement standard operating procedures for the management of pawn items and financial processing.

It is designed to be simple to use and to provide pawn brokers single and multi-store options that allow both monitoring and operational control. PawnMaster is especially good for pawn brokers that want a solution which protects against employee embezzlement and customer fraud.

Currently there are over 2500 customers for PawnMaster in 29 different countries and include both small and large scale pawn brokers such as Mega Pawn & Jewellery in Florida and Cash Wiz in the Cayman Islands.

Features

PawnMaster provides comprehensive tools for managing a pawn shop. This includes tracking of inventory & sales, managing repairs and forfeits, as well as maintaining detailed customer histories.

There is a good option designed especially for this business which allows for splitting and combining pawn items such as jewellery to sell as either packages, or individual items for better sales.

To prevent fraud PawnMaster has robust employee and inventory controls that include in built audit trails for both employees and products, cash management monitoring, as well as secure access using biometric and optical id scanning with multiple security levels.

Additionally Pawn Master is OFAC compliant to allow the pawn broker to monitor in real-time if any items they are dealing with are listed in federal or state criminal records to reduce theft.

PawnMaster can also help pawn brokers manage their business efficiently with detailed online reporting for shop revenue analysis, employee profitability and inventory costing. In this way the software ensures that the pawnbroker can reduce costs while improving overall revenues.

Finally unlike other products in the market there is a dedicated support team available to provide implementation and training, as well as support for existing customers with any problems or new requirements.

PawnMaster 5 Pros

  • The software is cheap and affordable for any business size
  • The software is easy to set up and use
  • Pawnmaster is highly flexible to meet customers needs
  • Regulatory compliance has been inbuilt and there is a dedicated software support team
  • Intuit QuickBooks integration for financial transaction management is available in PawnMaster

PawnMaster 2 Cons

  • The tech support of the software is slow to respond
  • The software is not easily integrated with other software

Competitors & Alternatives

The two main competitors for pawnmaster are Fishbowl and Tradegecko Unlike pawnmaster which is a cloud-based and on-premise software, fishbowl is a cloud-based business management software. Fishbowl is designed to work well in medium-sized companies and large-sized companies, unlike pawnmaster which works well in all business sizes. Some features of fishbowl include CRM, employee management, and multi-location while those of pawnmaster include order management and e-commerce.

Available online review shows that the rating of fishbowl is 3.9 while the rating of pawnmaster is 4.1. Tradegecko is on-premise business management, unlike pawnmaster which is both a cloud-based and on-premise software.

Tradegecko is designed to work perfectly in large-sized organizations with high growth e-commerce brands, unlike pawnmaster which works well in all business sizes. Some features of tradegecko include loyalty program, multi-location and mail order while the features of pawnmaster include returns management and e-commerce. Available online review shows that the rating of tradegecko is 4.5 while the rating of pawnmaster is 4.1

PawnMaster Pricing Information

The cost of license starting from $60 per month. The experts at ITQlick has reviewed PawnMaster pricing and gave the software a total cost of ownership (TCO) rating of 5.8 out of 10. Custom price cost for your business is available upon request.

Questions to ask the vendor during a demo

Schedule a demo and access 25 must ask questions for the vendor while watching PawnMaster in action

Is it the right software for you?

Pawnmaster is developed to work perfectly in all business sizes, small-sized businesses, medium-sized businesses, and large-sized companies. Phone repair shops, gold dealers, pawn shops, salons and gun shops can use this software to manage their activities.

PawnMaster Categories

Retail & POS
Consignment POS
iPad POS
Retail
Retail Accounting
Retail CRM POS
Retail Customer Management
Retail Inventory POS
Retail e-Commerce
Retail Inventory Management
Touch Screen POS
eCommerce

Specifications

Company:
Address: Columbia, SC
Website:https://pawnmaster.com/software/
Customers: Small business, Medium business, Large business
Business Area: Cross Business Areas
Platforms: Desktop, Mobile, Cloud
Operating Systems: Windows

PawnMaster Features

Credit Card Processing
Customer History
Customer Management
Employee Management
Inventory Management
Reporting

PawnMaster Vs. Alternatives

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 score, 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)
Hosting
Functionality score
Fit small business
Fit medium business
Fit large business
Software review
Compare
PawnMaster
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
80/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5.8/10
License pricing license pricing (if provided by the software vendor)
$60 per month
Hosting
On premise and Cloud
Functionality score
18
Fit small business
Fit medium business
Fit large business
Software review
ShopKeep
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
99/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.4/10
License pricing license pricing (if provided by the software vendor)
$49 per user/month
Hosting
Cloud
Functionality score
11
Fit small business
Fit medium business
Fit large business
Software review
ShopKeep
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
97/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.8/10
License pricing license pricing (if provided by the software vendor)
$69 per user/month
Hosting
On premise and Cloud
Functionality score
20
Fit small business
Fit medium business
Fit large business
Software review
NetSuite
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
96/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
7.8/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Hosting
On premise and Cloud
Functionality score
20
Fit small business
Fit medium business
Fit large business
Software review
Rezku
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
96/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2/10
License pricing license pricing (if provided by the software vendor)
$39 per month
Hosting
On premise and Cloud
Functionality score
16
Fit small business
Fit medium business
Fit large business
Software review