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Point‑of‑Sale Software: Critical Technology for Retail Success

Have you taken full advantage of the benefits of point-of-sale (POS) software solutions? There are few tasks as important to a retail business as selecting the right point-of-sale system. The payment options offered, the speed of the transaction, and the ability to tailor the transaction to the customers’ needs each have profound impacts on customer satisfaction and your overall business success. Discover what POS features you need to boost your retail profits in this article.

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Find out why thousands of businesses trust Find Accounting Software to help narrow down thousands of options to a managable list of top recommendations. There’s no pressure, no obligation, and no cost. Sound good? Let’s get started!

The companies and representatives you sent our way were prompt and thorough… I definitely would recommend your company as a means to exploring options with qualified providers. — Bruce Conley
Your service saved me some very valuable time and hooked me up with some excellent resources. Thanks for providing this top-notch service. — Linda Vittori
Thanks! Having a service like this to help navigate the ocean of accounting software and help identify potential good-fits without having to delve through numerous bad-fits is of tremendous value! — Mark Carpenter

Point-of-sale software: Examining the opportunities

Point-of-sale represents the area where retail businesses conduct their most intensive data entry. At no other point is there such an opportunity to improve efficiency. From moving customers through the checkout line to automatically integrating with back-end financial management systems, point-of-sale software provides powerful tools to improve productivity.

Point-of-sale software opens up a host of other major business opportunities:

  • Real-time access to accurate inventory counts
  • Automatic integration with accounting software
  • On-the-spot upsell recommendations
  • Improved markdown and promotions management
  • Tighter controls for return authorizations
  • Customer info tracking for ongoing marketing
  • Product sales trending
  • The list goes on…

A competitive market is improving POS investment returns

The recent years have also been kind to retailers eager to improve their technology advantage at the counter, but concerned about the cost of doing so. Three big factors have contributed to lowering costs and improving ROI rates for investments in POS software:

  1. Cloud-based, SaaS options mean retailers can spread costs over time, rather than make a large capital expenditure on a new system.
  2. An increase in the number of POS providers developing software is creating price competition while allowing for tighter targeting of niche industry requirements—limiting the need for expensive customization.
  3. Mobile apps have turned phones into portable payment kiosks, minimizing hardware requirements, while enabling retailers to take the transaction from the counter to the sales floor and beyond.

Automation at the counter with POS software

Automation and efficiency are keys components of how POS software generates a return. Accurately inputting items sold, quantities, and price can be automated in a number of different ways. Many point-of-sale applications allow for bar code scanners as a way of transmitting information about the item being purchased. Whether the information is gathered through touch-screens, bar codes, or manual input of item codes, POS software will associate the item and quantity input with a per unit price. The point-of-sale system is also responsible for summing the total of all items and providing a balance due figure. Research has shown repeatedly that errors are dozens of times more likely with manually calculated balances as opposed to those derived at automatically by software. Also, the ability to create line item records for every item sold is a first step in preventing fraud and theft.

Track buying trends with point-of-sale software

An often-overlooked capability of point-of-sale software is the ability of intelligent software to assist in promoting increased sales volumes. The point-of-sale offers a tremendous opportunity to get to know your customers and to appeal to their consumer needs. Detailed sales histories let you see firsthand what your hottest sellers are and which products are not moving as fast as you’d like. Understanding the buying trends of individual customers further helps target sales opportunities—provided the information is shared with the right employees at the right time.

Access key point-of-sale reports

Point-of-sale systems capture data critical to making solid business decisions. POS software can be integrated with inventory software to deduct items from inventory as they are sold. Understanding precise inventory stocks and the rate of sales on products allows retailers to make good decisions on when to re-order items. Ordering stock wisely means ensuring availability without tying up cash in overhead expenses.

Enabling multiple payment options

The cash only retail business is quickly fading into obscurity. Today’s consumers expect uniform access to the payment method of their choosing. Point-of-sale systems help to accommodate this business reality. Point-of-sale software modules easily allow credit card processing and are built to easily receive input from credit card swipers. While credit and debit options have reduced the number of checks being written, many customers still expect the option. Payment by check has historically offered an opportunity for fraud and lost revenues, but modern point-of-sale systems have introduced security tools to help minimize this possibility. Many point-of-sale applications can integrate with check reader hardware and check verification services. Of course, virtually all point-of-sale systems require the ability to support cash transactions. Tight integration between the point-of-sale software and the cash drawer is a must.

Point-of-sale hardware integration

Most point-of-sale experts recommend choosing software and basing the decision on what hardware to use off of the software system, rather than vice versa. The basic reason for this is that the software provides the intelligence in the system and will have more specific requirements about which hardware devices can be integrated. Typical hardware needs for POS set-ups include: credit-card swipers, computer terminals, monitors, bar-code scanners, receipt printers, touchscreens, computer peripherals such as keyboards and mice, and cash-drawers.

Taking the next steps

Automation of your transactions will not only help you process transactions quicker, it will also speed up reporting and inventory management. Whether you are looking for a standalone POS solution, a solution to augment your current systems or a complete ERP solution, we can help you narrow down the number of options for you to consider.

Through a brief phone call, our software specialists will look to better understand your business and software needs to help you locate a handful of solutions suited for your specific requirements. Get started today!

Popular POS Software Products

Looking for great POS software options? Below you can check out a list of the products most commonly considered by others searching for POS software. The list on this page is based on many years of real software matches. But everyone’s needs are different. Browse for fits with your specific requirements or let us help you identify your top options.

Which software is right for you? Get quick and accurate recommendations.

What if you could simply tell someone about your software needs and they’d find your best choices? Look no further. We’ll listen to your needs and find your top software matches. That’s it. There’s no pressure, no cost.

The companies and representatives you sent our way were prompt and thorough… I definitely would recommend your company as a means to exploring options with qualified providers. — Bruce Conley
Your service saved me some very valuable time and hooked me up with some excellent resources. Thanks for providing this top-notch service. — Linda Vittori
Thanks! Having a service like this to help navigate the ocean of accounting software and help identify potential good-fits without having to delve through numerous bad-fits is of tremendous value! — Mark Carpenter
  • Dynamics RMS (Retail Management System) by Microsoft

    Dynamics RMS (Retail Management System) offers small and mid-market retailers a complete point of sale (POS) solution that can be adapted to meet unique retail requirements. This powerful software package automates POS processes and store...

  • QuickBooks Point of Sale by Intuit

    QuickBooks Point of Sale is affordable, easy-to-use retail software that replaces your cash register and allows you to track inventory, sales and customers. Use it alone or get it bundled with hardware components that can save you time and reduce...

  • NCR CounterPoint by NCR

    CounterPoint real-time software is a graphical point of sale and inventory management system that gives retailers complete data access and control over their business operations. CounterPoint includes a robust inventory management system,...

  • Epicor Retail by Epicor Software

    In today's global retail market, retailers are seeking solutions to innovate the shopping experience and out perform their competition. Whether you are a specialty or general merchandise retailer, overcoming the challenges to manage multiple sales...

  • LS Retail by LS Retail

    This fully integrated solution delivers the breadth and depth of functionality demanded by large and small retailers, without the need to build, manage and maintain multiple applications and inconsistent interfaces. Its unique use of a single...

  • Denali POS+Accounting by Cougar Mountain Software

    A modulated business accounting software solution for small to large businesses, and CPAs who support these businesses. Integrated Point of Sale functionality allows you to manage your store fronts, eCommerce sites, inventory, and sales with...

  • ProphetLine for Windows by ProphetLine

    ProphetLine for Windows is an affordable, easy to install, simple to use and powerful POS, Inventory, Accounting and Web-Shopping solution used by thousands of successful retailers. Visual ProphetLine is a powerful, scalable and highly...

  • The Orion Point of Sale System by Orion Digital Integration

    The Orion Point of Sale System is a flexible, user friendly, easy to use point of sale system. What makes Orion POS different from other systems is that it is designed to integrate directly to either the Sage Accpac ERP system or the Sage Simply...

  • MultiFlex RMS (Retail Management System) by Microhouse Systems

    Introducing MultiFlex RMS Software… a retail inventory system specifically created for single or multi-store operations. Because you want your RMS Software to help with: * Buying decisions … who are your best suppliers, which items to buy more of,...

  • Focus POS by Focus Softnet, LLC

    Focus POS enables staff to provide quick and efficient services to customer, delivering an experience that matches your brand promise and builds customer loyalty. This Retail Management solution is designed to optimize store performance and increase...

  • AccuPOS Retail Point Of Sale by Attitude POSitive

    AccuPOS Retail, the Point Of Sale for QuickBooks®, Peachtree® and BusinessWorks® by Attitude POSitive is a Windows based Point Of Sale solution that is transforming how a Retailer uses Accounting. AccuPOS Retail was designed in VC++...

  • ACE Retail 3000 by ACE Retail Management Systems

    5 Reasons ACE Retail is the Key to Profit Making *1. Know Where Your Business Stands...Instantly* ACE Retail 3000 reaches beyond standard POS transaction tracking functions to provide you with a detailed picture of your business...

  • Intacct by Intacct

    Intacct provides professional-strength, on-demand financial management and accounting applications for small and mid-sized businesses. Get the same power, functionality, reporting and security that traditional legacy on-premise systems provide, but...

  • Positive Retail Manager by POSitive Software

    POSitive Retail Manager is a complete point-of-sale system built around Microsoft's SQL, a robust and scalable database. The system is designed around SQL to allow for integration with many popular third-party software packages, such as Crystal...

  • Retail Boss POS by Palmer Products, Inc.

    Retail Boss POS is one of the best retail management software options available. Retail Boss POS runs in the Windows environment and provides retail operations with the essential software tools to efficiently and profitably run your business....

  • Retail Controller by Mainframe Associates

    ANNOUNCING version 7.1 of the Controller Series Software. Based on 20 years of development and user input, this product will significantly improve every aspect of your business efficiency! Retail software for as few as three stations. *...

  • COMCASH POS by COMCASH

    COMCASH is your ultimate solution for a POS system. Whether you're running one register or hundreds in multiple locations, COMCASH is your complete solution. Divided into three separate modules, the purchase of COMCASH gives you access to a wide...

  • Cybex Enterprise Retail System by Cybex Systems

    Cybex Enterprise Retail System is specifically designed for retail companies oriented towards footwear, clothing, and sporting goods. It is designed for companies that are managed from one or more central locations, with 5 to 300 retail stores....

  • SAP Business One by SAP

    SAP Business One provides a single, affordable solution for managing your entire business, including financials, sales, customer relationships and operations. Streamline your end-to-end operations, gain instant access to complete information and...

  • ConnectedBusiness ERP by ConnectedBusiness Systems

    A true Omnichannel ERP & POS solution designed by ConnectedBusiness. Connected Business is a fully integrated omni-channel business solution designed to increase the operational efficiency and profitability of Distribution, eCommerce, Retail and...

  • Endura Retail ERP by Gillani

    You have outgrown you legacy accounting system and are looking for an Enterprise level Retail ERP solution. Like most IT organizations, your staff has been cut and the workload has increased, creating a growing mountain of backlogged accounting and...

  • Store Dynamics Retail POS by AM/PM Service

    Store Dynamics Retail POS software is a complete turnkey retail solution designed to be easy to use, loaded with features and very affordable. Installed on the industry’s leading POS hardware manufacturers, makes Store Dynamics POS the most robust,...

  • GoldTech Retail Manager by GoldTech, Inc

    With the latest in software development, their completely fault tolerant/self-healing, easy-to-use, and feature-rich software is designed to help you maintain tight control over your business performance and procedures. Their software gives you...

  • Eagle Business Management Software (EBMS) by Eagle Business Software

    EBMS contains complete enterprise resource planning tools that are important in managing a business more efficiently. The EBMS software is a great upgrade from more basic software such as QuickBooks and Sage 50/Peachtree without a large budget...

  • Retail POS Inventory Control Program by Freeman Software

    The Windows Retail Point of Sale program is designed for all types of retail stores. The software includes inventory control, invoicing, purchase order writing, and customer database and sales history. Maintains accurate inventory control. Monitors...

  • AdvancePro‑POS by AdvancePro Technologies

    Introducing AdvancePro-POS, a robust and feature-rich order entry system designed especially for retail, now integrated with the best inventory and order management software available for small to midsize companies! This product combines a...

  • Bepoz POS by Bepoz

    Bepoz has two versions of the software - Entrepreneur and Corporate. Entrepreneur is intended for the business with only one store, no matter the size, but still needs automations, pricing flexibility, and key reports. Corporate on the other hand is...

  • LightSpeed by Xsilva

    Ring in sales faster-with the industry's most intuitive POS. Gain the high-speed, error-free advantages of visual checkout. Ringing in a product is as simple as selecting its image. LightSpeed automates all pricing, including customer and...

  • Blue Sky POS by Blue Sky POS

    Blue Sky POS was born out of the recognition that independent retailers need systems that will allow them to compete on par with national retailers. Current POS software targeted at independent retailers provides similar functionality across...

  • Grocery Store POS by POS Nation

    A Grocery Store must be prepared to handle a large number of customers efficiently. Grocery Store Point of Sale Software (Cash Register Express or Microsoft Retail Management System) tailored for the Grocery Store Environment will help you do this...

  • JDA Point‑Of‑Sale (POS) by JDA Software Group

    Operating in hundreds of stores today, this JAVA application is a “slim-or-thick-client” solution that features component-based architecture and industry standard database and operating system choices that deliver extreme scalability and...

  • POSexpress by POS Prophet Systems

    POSexpress is your complete point of sale solution. This product will give you everything you need to complete sales, accept payments and track credit...

  • Positive Retail Manager by POSitive Software

    POSitive Retail Manager is a complete point-of-sale system built around Microsoft's SQL, a robust and scalable database. The system is designed around SQL to allow for integration with many popular third-party software packages, such as Crystal...

  • SYSPRO 7 by SYSPRO

    SYSPRO - Software You Can Count On Every day thousands of people on six continents rely on SYSPRO for information, functionality and technology. Formed in 1978, SYSPRO has stood the test of time as a company and as a business solution for...

  • Artisan POS Deluxe Software by CerTek Software Designs

    Artisan POS Software replaces your cash register or hand-written receipts while managing your inventory and customer relationships. Artisan helps you keep a complete customer profile including purchase history. Filter mailing lists with simple or...

  • ThinkSmart POS by Think Smart POS

    ThinkSmart POS is a point-of-sale company servicing: Retail Markets * Independent Grocery * Liquor Stores * Gift Shops * Specialty Retail Hospitality Markets * Full Service Restaurants * Cafeterias * Fast Food * Pizza...

  • Shopify POS by Shopify

    Shopify POS is an iPad application that lets you sell your Shopify store's products in a physical, retail setting. It's quick and easy: browse your store's catalog, pick a customer's products, swipe their credit card, and print their receipt or...

  • System3 POS by Hospitality Control Systems

    System3 POS is the most versatile software on the market today. Affordable, efficient and innovative, System3 POS is backed by first rate technical support. System3 POS will revolutionize the efficiency of your restaurant. Through mapped graphs...

  • Wireless Standard POS by B2B SOFT

    Wireless Standard is designed as a POS system to assist your wireless retail business. In addition to electronically handling all sales transactions, Wireless Standard provides many features vital to your wireless retail business. After the...

  • Dynamics NAV by Microsoft

    Dynamics NAV is an ERP product developed by Microsoft for small and mid-market companies. The solution offers product functionality covering financial management, supply chain management, manufacturing, project management, and service...

  • Acumatica ERP by Acumatica

    Acumatica Cloud ERP provides all of the features of traditional accounting, financial, and ERP software, but is web-based so it is less expensive to maintain, centrally managed, and accessible from anywhere. Customers can purchase a license and...

  • The Assistant Manager by TAM Retail

    The Assistant Manager (TAM) is a fully integrated retail automation solution specifically designed for the specialty retailer market. TAM is a scalable solution and provides configurations that are designed for many size retailers from...

  • pcAmerica POS Software by pcAmerica

    pcAmerica continues to add features to its industry-leading point of sale system software, with an average of four upgrades per year. Because we design our own software, we can improve functionality based on actual customer needs. Recent additions...

  • Lightspeed by ProQuest Powersports

    Lightspeed is a comprehensive dealer mananagment system for powersports dealerships. We offer integrated parts, service, sales and rental department management. All transactions feed into our integrated accounting program to keep track of daily...

  • Revel POS by Revel Systems

    Check out Revel’s iPad POS Products to learn more about each point of sale product. With every POS software package built specifically for that business type, and built to scale, Revel is sure to have the software package that is right for your...

  • Fusion Retail Management by Fusion Retail Management System

    Since 1988 Fusion has brought clients robust Point of Sale functionality integrated with Mid-Market ERP packages. Eliminating redundant data entry, optimizing inventory levels and improving management reporting are all hallmarks of a Fusion...

  • Budget Pro by Retail Budget Pro

    This easy to learn and use cloud based software will revolutionize your multi-store budgeting problems. If you have several stores or more and need to create a Profit and Loss statement for each one then stop using Excel. This program will do a...

  • Perfect Circle Retail Management System by Perfect Circle Solutions

    The Public Warehouse Management System is a software suite created to fit the needs of companies handling perishable products. This product is designed specifically for: Furniture Stores, Paint/Hardware Stores, Clothing Stores, Stationary Supplies,...

  • Connected Sale by ConnectedBusiness Systems

    Connected Sale is a fully integrated omni-channel business solution designed to help retailers meet the needs of today’s demanding consumers. It includes Accounting, Backoffice, eCommerce, Shipping, Point of Sale, Business Intelligence and more....

  • Dynamics GP by Microsoft

    Microsoft Dynamics GP is an ERP solution designed for small and mid-market businesses. Key capabilities of Dynamics GP include:

    • Financial management and accounting
    • Inventory management and...

Your POS Software Recommendations

Ready to find out which software solutions are best suited for your needs? Great! Understanding that you’re motivated to find POS software gives us a great start. We’ve helped companies of all shapes and sizes meet their POS software needs. With a bit more information about your unique requirements, we’ll narrow down to your top options. Let’s get started!

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