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What POS system is best for a small retailer?

Jason Rollins's Profile


Topic Expert
Keith Perry
Title: Consulting CFO and Business Operations A..
Company: Growth Accelerator
(Consulting CFO and Business Operations Advisor, Growth Accelerator) |

Quickbooks is simple and integrated and you'll find lots of people who know how to use it. You'll find better stuff out there (one of my last companies made the coolest POS system I've seen before or since)...but ...
...that's the one I'd sign up for (assuming I'm not a restaurant, in which case Squirrel is still really neat).

Bob Low
Title: Principal
Company: Perron & Low
(Principal, Perron & Low) |

If you're a multi-store specialty retailer, check out Teamwork Retail Versatile iPad front end and sophisticated back end. The website has some videos that are worth checking out.

Topic Expert
Wayne Spivak
Title: President & CFO
LinkedIn Profile
(President & CFO, |

I love these questions and answers.

There is no "best" system!

There is the "best" system for you, the individual company that meets your needs based on an exacting analysis using a best practice approach.

Is it a horizontal marketed product? Maybe. But it also may be a vertical. How would you know unless you did a needs matrix and then your research?

Topic Expert
Anand Goel
Title: CEO
Company: Optimized Payments Consulting
(CEO, Optimized Payments Consulting) |

I agree Quickbooks is inexpensive and easy to use. The Square Register that works with the iPad is also a compelling option -

Here are some other systems you can check out -

Vito P
Title: PResident
Company: IMG
LinkedIn Profile
(PResident, IMG) |

If you are price conscious and only want to pay the lowest rate, then the "Square" is a great option when price sensitive for Certain Merchants in Certain Industries.

If you operate a small retail business and your transactions are small dollar amounts; the Flat Fee from “Square” is a smart choice , compared to banks/processors that are assessing: interchange, authorizations fees, settlement fees, per items fees, discount rate, basis points, dues and assessments etc, etc.

However, if you need report reconciliation or detailed inventory reports then certain POS software may be needed. If you are a new business or small retailer, I would not incur the cost of pricey retail POS register systems just yet.

I find Quick Books to be expensive, although the convenience of getting payment immediately is sometimes worth the extra cost, however, in a retail environment that is never your problem. Do your due diligence

Gerri Lazarre
Title: Owner
Company: TriMerge Consulting Group, PA (dba TriMe..
(Owner, TriMerge Consulting Group, PA (dba TriMergeCPA)) |

Thanks, this is good information. I have a client looking for a good POS system for her small restaurant in the Caribbean. Any other recommendations outside of Squirrel POS?

Topic Expert
Wayne Spivak
Title: President & CFO
LinkedIn Profile
(President & CFO, |

If you want to look at a system which "MAY" suit your needs - try - cloud based.

But then again, you may not be able to access the cloud (that's why just recommending systems is fraught with issues).

Zakk Angel
Title: Director
(Director, |

Hi, everybody!
I can recommend only - Point of sale systems NY, which work all around the USA!! These guys provided me very good system, it works cool, without errors and the like...Try to contact them and find out what you need and how quickly they can supply it...
I hope this was useful for somebody:))

Kritika Pandey
Title: Software Analyst
Company: SoftwareSuggest
LinkedIn Profile
(Software Analyst, SoftwareSuggest) |

The best POS systems are affordable and easy to use, and do more than just process sales and accept payments, as they include time-saving features that help you analyze your sales data and manage your inventory, staff, and customers. Some of the options are Vend, Bindo, TouchBistro.

Susan Boles
Title: Founder/Principal Partner
Company: Grind/Revive
LinkedIn Profile
(Founder/Principal Partner, Grind/Revive) |

One of the best POS for a small retailer is

Vend is intuitive and reasonably priced. It's extremely easy to use and integrates well with both Xero and Quickbooks Online. Vend is starting to harness the power of AI to produce top-notch analytics to empower small business owners to make better decisions.

The software comes with the ability to run promotions and a native loyalty system. The native E-commerce capabilities exist but are limited, however, the software integrates easily with Shopify to add that capability.

Small businesses are generally better off using a paid POS software like Vend, versus a model like Square that is based off charging higher credit card fees to pay for the software. That can easily become a very expensive model, versus using an integrated credit card processor.

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