A few great retail point-of-sale systems are among the best investments you can make for your business, particularly in the retail industry. This is where finding the best POS system for retail becomes essential. A good POS system will streamline operations and provide real-time insights that help your store thrive. These Retail POS system features can vary from store to store and based on your requirements. Since every retail business has unique needs, it’s essential to choose a POS system that aligns with your specific operations. In this article, you’ll find a breakdown of the best point of sale systems for retail business and why your business needs a POS retail system.
Top 10 Best POS Systems for Your Retail Business List
1. Clover
Clover offers a highly customizable POS system that serves various businesses, from retail to restaurants. Clover is another mobile-based platform currently supported by Android. Clover makes it easy to accept transactions, organize inventory, and manage employees. Clover is popular among small to medium-sized businesses. The best and worst thing about Clover is that it can be purchased through many different resellers and supported payment processors. Its platform stands out for the flexibility it offers through its extensive app market. It also supports online ordering, customer loyalty programs, and inventory management.
Key Features of Clover
- Return & exchange processing
- Bulk editing and detailed filtering tools
- Expanded payment options
- Offline payment processing
2. Shopify POS
Shopify POS is a comprehensive point-of-sale solution designed for retailers who prioritize their online presence. Its capabilities make it a great choice for stores that sell in-store and online. Shopify POS is designed for retailers who manage both online and brick-and-mortar stores. This retail point-of-sale system also has an ecosystem of more than 8,000 integrations. Shopify POS seamlessly connects with any tech stack, making it easy to get started and tailor the platform to your specific business needs. The POS also lets you analyze sales performance across team members, helping you to drive up revenue by identifying and rewarding top sellers in brick-and-mortar stores.
Key Features of Shopify POS
- Real-time shipping rates and updates
- Demand forecasting
- Attribute sales for commissions
- Native email marketing
3. Vital POS
Vital POS offers everything you need in a POS system. Whether you are in need of a complete retail system or mobile functionality for on-the-go payments, they have what you need. Vital POS automates inventory management, pricing configuration, tax reporting, and payment processing for small businesses using the cloud. Users can be added, role-based groups can be created, multiple locations can be managed, item categories can be created, and access rights can be configured. Vital POS allows employees to automatically select items from predefined categories, view tax information, manually enter item data, apply discounts, and process payments via cash or credit cards.
Key Features of Vital POS
- Tracking cash payments
- Refunds for full orders
- Detailed sales reports
- Reports on taxes
4. Vend
Vend is web-based and iPad retail point-of-sale, inventory & customer loyalty software trusted by thousands of stores worldwide. Vend is cloud based subscription point of sale software for retailers. A beautifully designed and responsive point-of-sale that works on an iPad or any device, Vend lets you accept payments, sell products, then track and report in real-time on sales, stock and staff performance across one or many stores. As the software is easy to use, comes with inventory management features, and has a great loyalty program. Vend does not offer its own payment processing service and its pricing may be inaccessible for smaller businesses.
Key Features of Vend
- Transfers of stocks
- Demand forecasting
- Split tenders
- Store credit and returns
5. Square
Square POS helps small and medium-sized businesses process payments, manage sales, and track inventory. Square offers special add-ons for small businesses, including payroll management, business debit cards, marketing management, and customer loyalty promotions. Square POS is an all-in-one point of sale system that allows small retailers to accept payments, manage inventory, and streamline their operations. Square stands out as an entry-friendly POS system, catering to new retail businesses with its intuitive interface and user-friendly navigation. Ideal for those in the early stages of establishing their retail ventures, Square offers an uncomplicated experience without binding users into lengthy contracts.
Key Features of Square
- Online booking system
- Free booking website
- Client loyalty programs
- No-show and cancellation fees
6. Revel
Revel Systems is the leading flexible cloud-based point-of-sale (POS) platform built for multi-location growth. Revel Systems offers a feature-rich POS platform that’s the best for many businesses, from restaurants to retail. Its backend system is specifically designed to scale businesses with rising operational needs. A custom-built Revel solution will meet the needs of midsize and large retailers with multiple locations. The cloud-native Revel POS system provides resilience to marketplace changes, ensuring businesses can scale with ease, diversify revenue streams, and deliver a better customer experience. Inventory management tools connect in-store and e-commerce channels to provide real-time inventory data.
Key Features of Revel
- Offline mode of payment
- A suite of intelligent reports
- Inventory tracking in real-time
- Management of cash
7. Lightspeed
Lightspeed supports businesses of all shapes and sizes, including multi-site retail locations and restaurants. Lightspeed is a comprehensive retail platform designed to help enterprise and larger retailers maximize efficiency, manage multiple locations, and scale their businesses. Its system is cloud and browser-based, and it has an iOS app. They offer inventory management, reporting, payment processing, online sales, and powerful technical support. The system is easy to use and scalable. The customer management system within Lightspeed Retail is equally powerful, facilitating the creation of customer profiles, tracking loyalty points, and executing personalized marketing campaigns.
Key Features of Lightspeed
- Lightspeed’s features include:
- Tags for inventory that can be customized
- Bulk breakdowns and bundling of items
- Tracking code assignments
8. Talech POS
Talech POS is a cloud-based point-of-sale system for retailers, restaurants, and professional service providers. The solution stores data in the cloud meaning it can be accessed securely from multiple devices wherever you are in the world. Several of its industry-specific features and hardware options make it a good choice for many businesses.This makes it perfect for smaller startups that need a low-risk POS solution, although there are some notable pitfalls that kept it out of our top POS systems for small business rankings. Reporting comes built into the system, including transaction trends, employee performance and hours, and customer demographics.
Key Features of Talech POS
- Inventory tracking in real-time
- Bundle products
- Reward programs
- Integration of gift cards
9. Toast POS
Toast POS is a comprehensive point-of-sale system designed specifically for the restaurant industry. Toast is specifically built for the food service industry, with features that cater to the needs of restaurants, cafes, and bars. It’s great for small vendors and food trucks because it provides a mobile, offline-capable system that can handle payments, orders, and inventory from anywhere. Toast’s software platform prioritizes user-friendliness with an intuitive interface that simplifies training and daily operations. Its comprehensive solution includes tableside ordering, kitchen management, and integrated online ordering.
Key Features of Toast POS
- Mobile payments
- Order management
- Customizable reports
- Inventory management
10. Erply
Erply is a versatile POS solution designed for retail businesses with multiple outlets. ERPLY includes a customer database that can include information such as sales history, store credit, contact information and social media details. This way, you can have uniformity and efficiency across all locations. It also offers capabilities for employee management and a loyalty program. ERPLY’s POS includes functionalities such as suspend sale, void and return purchases, product lookup, time-controlled promotions, sales commission and support for multiple stores and registers.
Key Features of Erply
- Access Controls/Permissions
- Accounting Integration
- Activity Dashboard
- Automatic Re-ordering
