Point of Sale or POS is the time or place of a transaction being completed. A POS system is a network that keeps track of those transactions once it’s connected to the main system that’s linked with all the payment tools of the business. A merchant uses the POS system to calculate what his or her customer owes and presents the amount through an invoice so the customer can pay accordingly.
Nowadays, POS systems come with many additional features that can make a business operation run smoother. Among the many POS systems out in the market, we handpicked a few to make the list below so you can take a look and choose one for your business.
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Best POS Systems of 2020
10. Epos Now
Epos Now is a very simple POS system to understand and set up. Even beginners can get the hang of it in a matter of minutes. It’s very cheap and is compatible with most barcode scanners and receipts printers. Even though the free version works pretty well, you can get any of the paid plans and enjoy 24/7 phone, chat, and email support. Epos Now has more than 80 integrations for you to connect your existing programs to help run your business smoother.
Say goodbye to the old payment hardware and embrace the new era of technology by setting up Clover. You won’t need stuff like a cash register or payment terminal when you have Clover to run your business more efficiently. It’s easy to set up with a wide range of integrating options. You can choose from the various merchant accounts to sign up with Clover and get into a smoother experience of running your business.
ShopKeep can be easily set up through your mobile whether it’s an Android or iOS device. You can keep track of your inventory and get daily reports from your employees to create an efficient business plan. With ShopKeep POS, you can also issue special discounts for your loyal customers to show better service. You can also give out gifts to your customers to maintain a better relationship with them, it will help you to increase the number of loyal customers. Also, the app itself is offering 24/7 customer support via chat, phone, and email.
When it comes to inventory management, Lightspeed is one of the best POS systems in the market. You can track your inventories to monitor which items are low in stock and calculate the unit costs when you need to restock them. You can set the system to send you alerts when any items are about to go out-of-stock so you can prepare accordingly.
Depending on the size and operating area of your business, you can choose from the 5 different Lightspeed plans to set up. You can set up profiles of your customers to track their purchase history so you know who your loyal customers are to maintain a better relationship with them.
Vend is mostly suitable for small retail businesses. It has an exclusive cloud-based service to offer without any need for hardware. Vend doesn’t offer payment processing but you can use integrated third-party systems to meet your needs. Most retailers are attracted to this because of the simplicity of this system and the minimum effort it requires to get set up.
You can try the trial version for free for 14 days and then upgrade to a paid plan according to your requirements.
Shopify is one of the best choices to set up an online business in the market. With this POS system, you can easily manage all of your online and physical sales from a single place. You can manage more than one store at a time, both online and physical. Since your online store will be connected to your physical store, consumers can return or exchange any of their products in the store themselves.
You can easily build customer loyalty programs and increase your sales. The system is very easy to set up and can help you manage your inventories across multiple locations.
TouchBistro is mostly considered for the restaurant or food-related business. It’s not just limited to the payment process; you can also take care of weekly reports, staff management, inventory and CRM. TouchBistro is all you need if you’re running a business in the food service industry. You can integrate your POS to get online food ordering service enabled and even take reservations.
The system is not entirely dependent on the cloud so you can run it on a local network and you’ll need a strong internet connection for that. TouchBistro offers 24/7 customer support via phone and email that makes it an useful system for business owners.
With Revel, you can manage business of all kinds using a combination of a local network and cloud-based network service. If you own a chain business or multiple stores, Revel can help you manage everything smoothly with a centralized system. Revel offers an impressive string of CRM features including customer insight, appointment management, segmenting customers, marketing campaign connecting, and so on.
To create your desired customer loyalty programs using the CRM facilities from Revel, you need to sign up with their system with a minimum 3-year contract. You can’t change or cancel your contract so be extra cautious before committing to Revel.
QuickBooks has been in the business field for decades, establishing a name for itself. For an optimum experience, you can use the POS software and hardware of QuickBooks to seamlessly manage your business operations. You need to purchase the system before you can install it for your business. It’s a one-time purchase and you won’t be charged any monthly fees.
The software is compatible with any Windows device so you can easily set it up with a laptop. To enjoy the high-end experience of QuickBooks, you are recommended to purchase any of the premium plans.
1. Square POS
Square POS is one of the most common and well-recognized POS systems in the marketing world. Its flexibility and versatile uses make it an excellent choice for any business owner. You won’t feel the need to buy any extra hardware as it is compatible with almost all devices.
The software can be downloaded free without any hidden charges or additional monthly fees. With Square, you can view, track, manage and update your inventory and create individual customer profiles for a smoother operation.
A POS system can help run a business more efficiently. If you’re not using one already, now would be the best time to change that. Pick one of the POS systems from our list and see the changes in your sales management.
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