Do you own a retail store and find it hard to manage the work? Gone are the days when most businesses relied on cash registers to call customers and accept payments. Today, business in different industries is looking forward to easing their payment accepting methods, tracking sales, managing the inventory, and generating reports. Fortunately, point-of-sale or POS systems allow businesses to complete all the tasks in a jiffy and say goodbye to hassles.
Here is what you need to know about the top-rated POS systems for retail businesses in the USA –
- Block
- Shopify
- Lightspeed
- NCR Counterpoint
- Revel Systems
- Vend by Lightspeed
- Hike
- Epos Now
Formerly known as Square, Block is rated as one of the best POS systems for retail stores in 2023. It is a good choice for newly-opened stores that look forward to repealing the upfront costs. You can get free retail POS software with Block and paid plans with a multitude of features like vendor sales reports, the history of the inventory, and exchanges. If you sign up for Block, get a free magstripe reader and affordable hardware options. Above all, Block’s pricing is transparent, allowing retail business owners to plan and create the expenses of their stores. Besides, you can get additional services like e-commerce tools, payroll management, and other business software as a comprehensive solution for your small business looking forward to managing their entities. Considering the best POS system for small business? Take a look at its features and decide.
Among the top-rated retail point of sale systems is Shopify wherein the monthly subscription starts with the Shopify account. For payment processing, you can rely on Shopify Payments, the in-house processor of this system. The processing rate of this feature may vary based on the subscription you choose. For companies with a huge budget, Shopify is the right option to run different parts of the business seamlessly, although the costs might add up. With its wide range of e-commerce tools, Shopify is one of the best options that online retailers can choose from. As it charges the users based on locations, it is an excellent choice for physical business establishments with several registers.
Lightspeed is another name you cannot skip when considering the best-rated POS systems. It offers a cloud-based POS system for retail stores as well as restaurants. It allows you to manage the inventory between the stores, get revenue reports and also drive traffic to your website. You may not necessarily choose the Lightspeed payment processor but the subscription rates for third-party credit card processors are higher. However, there are several hardware options like card readers and cash drawers you can buy from Lightspeed.
Retail Control System’s NCR Counterpoint is an all-in-one retail management system offering you the opportunity of covering every aspect of your online and offline operations, on the go, or at the counter and help your business run smoothly and efficiently. The hardware built into the system is resistant to temperature changes and is feature-rich to handle every need of the retailer looking forward to retail point of sale systems.
You can customize Revel to suit the requirements of any POS system for retail, whether it is while shopping from kiosks, integrated E-commerce, or delivery management. It comes with several flexible and advanced features suitable for niche markets. An open API ensures its versatility and makes it easy to integrate with any business software. For large and medium-sized retailers operating in multiple locations, the custom-built features of Revel come to help.
Vend by Lightspeed is another excellent option for retail businesses with operations in varied locations. Although it is pricier than the rest of the options, it is suitable for those retailers with existing hardware as it runs smoothly with tablets, barcode scanners, receipt printers, and cash drawers. It does not have an in-house payment processor but works with several processing providers like Block and PayPal. It is by far one of the best options for mid-sized businesses looking forward to credit card processors.
The Hike POS system comes with transparent pricing and offers a breakdown of what you need to pay each month. Apart from this, you can add or remove registers, users, and locations with no hassles or additional fees. One of the reasons why you may invest in this system is the reporting features present within the user dashboard, making it a top among the retail POS systems for businesses with fluctuating sales, employees, and seasonal inventory.
Epos Now comes with various software packages for retail and hospitality businesses. It also includes features like reports, automated stock counts, and barcode management. Moreover, it integrates with over 100 third-party apps. It is suitable for businesses of varied sizes but you need to get a quote from them to know what you are expected to pay. Plus, you must select your payment processor, so you need to know whether it is the right fit for you or not.
Want to track your store sales and analyze the figures to maximize your inventory? POS systems for retail businesses will allow you to control inventory and track sales trends. Retail Control Systems has been serving the industries for over 30 years with top-notch software for POS systems. You can also monitor employee hours and sales with customized and comprehensive retail management solutions.