Best Inventory Management Software. Best Small Business Accounting Software. Best Small Business Funding Options. Ultimate Guide to Small Business Banking. Best Small Business Loans for Women. Best Small Business Credit Cards. Small Business Bookkeeping Basics. Ultimate Guide to Inventory Management. Best Free Inventory Management Software. Why is Inventory Management Important?
Best Credit Card Processing. Cheapest Credit Card Processing. Best Workforce Management Software. Best Employee Onboarding Software. Top Reasons to Offer Employee Benefits. Best Workers Compensation Insurance Companies. Best Employee Benefits Administration Software. Best High-Speed Internet Providers. Best Business Security Systems. Marketing services. We checked and updated all plans and pricing information. There were no major changes in pricing or plans this month. The only major change this month is a promotional price decrease in the Quickbooks POS system.
What does a POS system do? The best POS systems combine payment processing, inventory and customer management, payroll and accounting, and other services into powerful POS hardware and software packages. Our top choice is Square , a POS system with features designed specifically around modern small businesses. At publishing time, pricing and features are current but are subject to change. Offers may not be available in all areas.
When comparing POS brands, the price is only a small part of the equation. For example, Revel is one of the most expensive programs listed, but it also has more hardware options than some of the other brands in addition to exclusive features for restaurants.
Implementing that type of hardware and software combo in your restaurant can significantly speed up your workflow and help you serve more customers. The hardware can range from a free mobile reader to top-of-the-line POS systems that cost thousands of dollars. The hardware option you choose should largely be dictated by the needs of your business. If you plan on using the hardware for the foreseeable future, you may want to consider buying over renting. Our pick for the best POS system for small-business owners is Square.
These benefits make Square a great choice for new business owners who need simple but powerful features from the get-go. Square is a common favorite of mobile businesses like food trucks and boutique retail shops. In fact, we also picked Square as the best mobile POS system for small businesses. For an all-in-one system for taking payments wherever your customers are, pair the Square POS and mPOS systems together to give your business an extra boost. You can create customized receipts to send via email or print from a receipt printer.
Square provides detailed reporting and analytics and lets you send invoices, track employee shifts and timecards, and manage multiple locations. Now the downsides. The transaction costs can add up if you process loads of payments a day.
Square also offers other plans geared for certain types of businesses. Square for Retail plans have the same monthly fees as the Square for Restaurants plan, but they come with discounted transaction fees 2.
Vend offers a comprehensive and customizable point-of-sale suite solution for retail business. Shopify gained a reputation in the retail space as a premier web-based POS platform. The company now over 1 million business customers worldwide using its ecommerce, Amazon marketplace, and point-of-sale services.
Plans differ on their monthly price, fees for payment processing, and breadth of included services. Online or keyed transactions range from 2. Meanwhile, in-person transaction fees fall between 2. So if you want to use a Shopify system and Shopify software, you may want to steer clear of Square, PayPal, or other payment gateways. Springboard Retail merged with Heartland retail and is now called Heartland Retail.
Customer relationship management CRM tools can help turn passive, infrequent buyers into loyal advocates for your brand. The Revel Systems POS system was mostly created for bars, quick-service restaurants, coffee shops, and breweries. In addition, Revel Systems is built to speed up front-of-house order taking with its Mobile Order Taker system, which communicates seamlessly with stationary devices. And comprehensive inventory, analytic reports, and QuickBooks integration can help you understand your business and customers better.
Revel does not list its processing fees, but we were able to get in contact with an agent who said the flat rate is 2. You can also use your own processor. If you have an existing processing fee statement, Revel says they are willing to provide a custom rate. You should also consider demoing Toast , another restaurant POS system with food and beverage customers in mind.
Lightspeed can save you time and hassle with its powerful inventory management tools built into a solid iPad POS system.
Each plan has increasingly more features. With Basic, you get POS software, payment processing, and a free terminal. With Starter, you get all features from Basic plus eCommerce tools. Standard adds accounting integration, Advanced adds loyalty tools, and Pro adds detailed analytics. All plans have transaction fees of 2. Lightspeed has made it possible to do international business on its systems no matter your plan.
While many POS systems only operate in the US or in their home countries, Lightspeed allows you to manage businesses in multiple countries using one system. Bindo is another iPad POS system that boasts sophisticated—yet user-friendly—inventory management features. Pick your own credit card processor and Bindo will handle just about everything else, from shift management and cash drawers to ecommerce and order management.
QuickBooks by Intuit hardly needs an introduction—the company has been powering the accounting needs of businesses for decades.
But its high up-front price might put it out of reach for small or new businesses. And with QuickBooks hardware and software, you can take any type of payment from just about any device—barcode scanner, touch screen terminal, iPad, or mobile reader. QuickBooks locks a lot of its services into the higher-priced plans—a definite downside.
Integrated inventory and employee management, customer loyalty programs, and multi-store management all require purchasing the more expensive plans. TouchBistro —an iPad-based POS system tailored to restaurants, bars, and breweries—partners with Shogo to provide integrated QuickBooks accounting services. TouchBistro also provides unique floor plan, table, and menu management, as well as CRM features. There are dozens more POS system options for businesses to choose from.
While the ones above represent our favorites, we like three more that are worth mentioning:. A point-of-sale, or POS, system is the hardware and software that allows a business to process customer payments for products and services. Specifically, point-of-sale refers to the physical place where the transaction happens.
Traditionally, POS systems were physical cash registers that accepted only cash, checks, and credit cards. The term also includes receipt printers, cash drawers, barcode scanners, and other devices. Modern mobile point-of-sale mPOS software and credit card readers let businesses use mobile devices, like iPads, to process customer payments from almost anywhere.
And many POS systems are capable of accepting almost any type of payment, including contactless payments like Apple Pay and Google Pay. POS systems now do more than just process payments. Many products, including the ones we have reviewed here, serve as essential business hubs that handle everything from inventory, customer, and employee management to accounting, payroll, and shipping services.
Breakaway Vision Point-of-Sale is much more than just a way to accept payments. If you are seeking a solution to your current POS problems, or searching for a faster and more efficient software program, Breakaway has many options to choose from. Schedule a free demo with one of our representatives to test drive the best POS system on the market today!
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