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In the past, it used to be that a cash register was really needed to ring up customers and accept payments.
But today, businesses need a more complex way to accept payments, track sales, manage inventory and generate reports.
And with that, the right retail POS system can handle all of that for you.
Which one can best suit your needs?
Before anything else, let us make a brief review of what a retail POS system is.
A POS system, or point-of-sale system, helps process transactions in retail sales.
An example of a popular and commonly used retail POS system is the long-time cash register.
It has evolved to keep up with the changing times and now, modern POS systems are a combination of hardware and software and usually functions as a POS sales and inventory system.
Most often, it includes a barcode scanner, card reader, cash drawer, and receipt printer.
And almost as always, the customer interface is often a touchscreen.
One of the most basic yet modern retail POS systems have a credit card scanner connected to a tablet.
It is best advice for businesses with more complex needs to adapt a way to manage their inventory, customers and staff.
And only a POS sales and inventory system can do the job.
Whether you’re out there looking for your first ever retail POS system or perhaps you are searching for a more upscale and modern one, it is sometimes difficult to decipher which one will be the best and most suitable for your business.
There is no one size fits all. So, here is a shortlist of the possible retail POS systems you can choose from.
There are a variety of factors which you can consider like: affordability, ease of use and overall functionality.
Read on to have a better grasp of the best retail POS systems for businesses.
There are different needs for every retail business and varied budgets too, hence here are some of the best so far in the market catering to different needs according to the Business News Daily :
Clover – They serve restaurants, retail, service businesses and e-commerce.
It is a good choice if you want a more varied selection.
A basic one they have is Clover Go which essentially has a card reader.
Lightspeed – It basically offers many retail-specific features, such as inventory and customer relationship management.
The concentration on retail extends through e-commerce and online transactions.
It can be one of the best choices for retail POS since it has some notable set of features focusing on retailers, which includes loyalty features and inventory management functions.
CardConnect – CardConnect offers a wide array of merchant services like Clover for small shops and Contactless Payments for software.
It works hand in hand with other payment gateways.
GoDaddy – GoDaddy is perfect for tracking online and in-person sales.
It is a good option for retail businesses that would want to accept payments through their website.
Toast – It is an all-in-one retail POS system that helps restaurant owners focus and track their sales despite their hectic schedules.
It has a good functionality that can manage your restaurant’s sales, including front-of-house, back-of-house, and customer services features.
It caters to restaurants of different kinds and sizes like upscale restaurants, bars, nightclubs, cafes, bakeries, store chains and casual dining.
TouchBistro – TouchBistro is a retail POS provider that provides their service to restaurants with customer experience as their top priority.
This retail POS system offers a plethora of tools, including tableside and self-service ordering for customers as well as it also offers excellent inventory management features.
The ones mentioned above are just suggestions to give you an idea.
However, in the Philippines, the best retail POS system is the BIR-accredited EasyPOS.
EasyPOS sets your establishment the right way by helping you manage day-to-day transactions precisely, accurately and efficiently.
There is no need to micromanage your daily transactions.
Our system, when integrated with our accounting software, EasyFS, makes it easy for you to view live reports on the cloud!
Here are its features:
Check out EasyPOS today: https://human-incubator.com/easy-pos/
EasyFIS is a Software-as-a-service (SAAS) sales, inventory and Accounting system designed for Micro, Small and Medium (MSME) Enterprises.
If you want to manage your business in real-time and in a WFH Work from Home Setup, EasyFIS can provide a turn-key solution to your most common business problems to effectively monitor your sales, checking your LIVE inventory stock quantity and most importantly the status of your business’ financial health.
On top of that EasyFIS is CAS (Computerized Accounting System) compliant ready for government taxation in the Philippines.
EasyHR is a Software-as-a-service (SAAS) web application that helps to manage your Payroll and Human Resource Tasks easily and effectively.
Whether you are handling less than ten (10) employees or up to more than ten thousand (10,000) employees, EasyHR can do the job for you and saves you a lot of time in computing your Payroll and managing your Employee 201 Records anytime and anywhere.
But not only that, EasyHR further has an Employee Portal that allows your employees to access it online and check their own Payslips, Overtime, Leaves and Time Records. It saves a lot of time and money in printing these Payslips and paper wastage.
EasyPOS is a standalone Sales and Inventory system designed for businesses with Physical Stores and does not necessarily need an Internet or cloud solution.
The software is very easy to use yet already fully loaded with the necessary daily functions in running a store.
It already has a complete Sales and Inventory system with Item components.
Barcode and Touchscreen Interface that can be used for both groceries and restaurant setup respectively. Plus it is already BIR Accredited to legally issue Sales Invoice (SI) and Official Receipts (OR).