Best POS Systems
Paying money to get paid doesn’t sound great and it isn’t. For business owners who need to make money out of every transaction, it is very important to find a point-of-sale (POS) system. You don’t have to feel bad every time someone makes a card-based transaction that attracts unknown fees.
While some systems may seem to be just better than their competitors, choosing the wrong one which does not suit your needs will lead to a disaster. It may not work well with the software you use to keep track of customers or stick you with fees that could have been avoided. Here is a list of POS systems chosen carefully that you can choose from :
Square POS (Overall Small Business POS System)
Square is an overwhelming choice for small businesses. Its flexibility allows business owners to start using it to accept payments with their existing devices. You can turn devices you currently use into POS systems in less than 1 hour.
No matter what your business is, Square is extremely versatile. You don't have to buy any hardware, but if you are a boutique or coffee shop-like business you should use Square’s register and stand-up terminal which are the best options.....
Its Ipad app is free to use (2.6% + $0.10 per transaction), regardless of the sales you process. For larger businesses, it’s $60 per month. If your business processes over $250,000 per annum and your average order size exceed $15, you can request a custom solution from Square.
Shopify POS (Ecommerce Retail Integrations)
Shopify is an extremely popular e-commerce website-building platform. It also offers a POS system with top-of-the-line system integration capabilities. If you already have a Shopify-based e-commerce website, then its POS system is the best option for you.
You get a branded online store and can sell through online channels, including eBay, Instagram, and Amazon. Whether in-store or across these online channels, the Shopify POS system lets you manage your sales in one place.
The base plan doesn't include advanced reports and other needed features like in-store payments. For that, you need the $79/month plan to process in-store payments at 1-5 locations or the $299/month plan for up to eight locations.
Per in-person transactions, charges are 2.7%, 2.5%, and 2.4% for the three plans, respectively.
Toast POS (Restaurant and Food Businesses)
Toast is specifically made for food and restaurant businesses. If you have a restaurant or a food business, then Toast is definitely the POS system for you.
It has an integrated CRM software that builds an inventory of your loyal customers. It also allows you to craft messages and run automatic promotions that keep customers happy so that you can score a backlog of customers returning to your food business.
It is also very well suited to Android. It shouldn’t bother you whether you’re a full-service or quick-service food business, the Toast POS system works well for both. Its plans start at $165 per month, which adds useful features like online ordering and delivery management.
Vend POS (Best For Multiple Retail Stores)
With robust inventory management features, multi-store functionality, and thorough reporting, Vend is one of the best point-of-sale systems for growing brick-and-mortar businesses. Vend POS includes unlimited products and users, is compatible with a variety of hardware options, and offers 24/7 customer support.
Its subscription starts at $99/month when paid annually for the Lite plan with a monthly revenue limit of $20,000. The Pro plan is $129/month if you pay yearly. Pricing increases if you have more than one location.
ERPLY POS (Small Franchisees)
If you own a franchise business then ERPLY POS is highly recommended. It is capable of running smoothly both on Android and iOS (Ipad) and is accessible through browsers. It is one of the few cloud-hybrid systems that is hardware friendly, which means that the software will work with just about anything.
Besides CRM tools and the ability to handle sensitive data with the ERPLY POS system, you have other strong franchise-specific features like sales tracking, barcode scanners, and full-scale inventory management across all plans.
Pricing starts at $19 per month when paying annually, with which you don't get inventory controls for that you have to opt for its $39 per month plan.
What to look for when finding a POS system?
- Ease of use
- Reporting (customer review reports, customer return reports, etc.)
- Employee management
- Customer management
- Inventory Management
It is very irresponsible to say a POS system is perfect for you. But when you know your needs and consider the factors mentioned above, you will surely know which one you should choose for your business. So it’s time to choose and start making sales!