How to Select the Best Point of Sale Software for Your Business5 (100%) 2 ratings A Point of Sale is a term used to refer to a retail shop or restaurant, the checkout in the shop or any point within this environment where business transactions happen. It could also refer to the Point of sale equipment which include receipt printers, display transaction systems which are touch-screen, pole. Square POS Bundle Set. Uses Square, a trusted and popular processor. Comes with reader, dock. Korona: Best Overall. KORONA retail POS is built for retail businesses of any size or niche. Selecting and using the best point-of-sale tool can help to make your business productive and profitable. The best POS tools can perform intricate online accounting tasks, while others can track customer purchasing habits, reorder products, manage inventory, etc. As there are thousands of POS tools available in the market, it can be a hard task. Vend POS is one of the most popular and feature-rich POS system, perfect for small.
Our tools easily allow you to accept a wide variety of payments quickly and safely. Give your customers a choice in how they pay by offering different options for a wider reach.
Our processing solutions gather data, organize it, and deliver detailed reports that provide you insight into where you need to analyze and improve your business performance.
Experience the peace of mind that ensures your data is protected. We implement security protection against identity theft and fraud, while maintaining PCI compliance.
We offer a wide range of Point-of-Sale systems that seamlessly integrate with your existing accounting and business management software. They are easy to set up and use, bringing you success with very minimal energy investment!
Your point-of-sale (POS) system acts as the command center of your business. Not only can you accept payments in a variety of tender, you can view and manage your inventory, create sales invoices, communicate directly with the customers and more. Our advanced solutions also offer deep reporting, customer engagement programs and much more.
With the right technology, your POS can be more than a payment processing tool. We can help you set yours up to get the most benefits. Imagine a system that touches every aspect of your business and allows you to optimize your performance. Our team has helped others in the past and we are happy to do the same for you. Take advantage of the information and technology at your fingertips and bring your business to the next level.
Our POS products do more than just process a sale and accept payments; they provide you with tools to help you run your business more effectively.
No matter what system you decide to go with, our POS devices are dependable and user-friendly, which allows you to manage your payments easily and expand your business. And best of all, they are affordable!
MSBS offers industry-leading POS systems and technology that address the new EMV requirements. Along with the virtual online solutions, we offer cutting edge equipment like Clover Payment device and compliant FD terminals among others.
A handy and convenient tool brought to replace the traditional cash registers in the constantly growing retail industry is the humble point of sale system. Merchant service providers are usually tasked with supplying a compatible point of sale system along with the appropriate software depending on the type of business it is to be used in.
The best point of sale system is designed keeping in mind the fluency of a business, its smooth management with the aid of calculated features, and the end-goal of improving sales and curating an engaging customer interaction.
POS systems are available with various robust features to back any size of business. However, many point of sale systems are integrated with software that enables the fresher batch of small businesses to bud into large-scale corporations.
A common query for many small businesses is the basic question - What is the point of sale system and how is it beneficial for our business?
Hopefully, the following features will make clear the principal benefits of a point of sale retail system.
A high-grade, yet simple to use point of sale system has integrated features like multiple payment processing methods and a touch screen with one-click support options to enable faster checkout speeds, keeping the waiting line for customers moving.
Transaction speeds are improved, enabling the employees to be more productive and customers more satisfied, with the reduced waiting time.
Consider the role of the point of sale system in restaurant or a bakery. On a busy day, with customers flowing in non-stop, the checkout line is kept moving constantly, without causing any long-standing inconvenience to each individual. The complex point of sale software available at your disposal will reduce the chances of accounting mistakes and pricing mistakes, thereby making multiple tasks easier and creating a well-balanced atmosphere during the working hours.
Of the numerous features furnished in a retail point of sale system, some of them include managing an online inventory by monitoring the sales of stocks and stocking up of additional resources, setting orders and re-orders automatically based on the storage levels, supervising employee log-in and log-out times as well as their productivity and pay, among many other services. The availability of these facilities serves to simplify your daily transactions and provide more customer interaction time.
Utilizing a point of sale system custom-made to fit retail businesses gives managers and overseers the advantage of tracking necessary information like inventory sales and stocks, employee productivity, generation of monthly or annual reports, managing sensitive transaction details, etc. Additionally, you can make use of customer purchase history to track and fulfill common demands ahead of time.
Simply put, all the features available at your fingertips empower a business to employ the technology in keeping the two most essential streams of business rolling, the sales, and the customers.
Are you seeking efficient methods to climb that industrial ladder and gain success in your exploits regarding the ideal point of sale system? Well, look no further, since Merchant Services Broker Solutions have the perfect modern approach that will fulfill your payment requirements in a way unique to your business.
Point of sale systems are simply a single element of an entire picture; we offer,
# Various tools for the varied manner of online payments your customers may appear with.
# Our online payment gateways and payment processing solutions furnish real-time insight into every transaction, analyzing and improving your sales at every step.
# Mobile payments backed by top-of-the-line security, including data encryption and PCI compliance.
# Simple to use POS integrated with advanced software and virtual credit card terminals that require minimal individual energy investment.
# Competitive and industry-grade partnership with one of the best credit card paymentprocessing companies, like us, that enables you to dole out the best possible customer service.Accelerate your business with our services in POS, software integration/ accounting, data analysis, and more. Reach out to us at (888) 912-6727 or send us a message at sales@www.msbrokersolutions.com for a consultation or recommendation. Get started today, with our team of experts and dedicated individuals backing you on your journey onward.
The prominent features of any point of sale system include both, software and hardware utilities, like:
Inventory management
Analytics
Employee management
Reporting
Sales management
Marketing integrations
Loyalty programs and other promotional offers
The top best examples of POS are Square, Shopify, Vend, Magestore, and Lightspeed.
There are two main categories of POS systems - Native and Cloud-based.
Native POS systems can be utilized in areas of low internet connectivity and are system-specific. Cloud-based POS systems can be accessed from any corner of the world since they are set on a remote server and are available through subscription.
The facility of point of sale systems can be availed from a reputable Merchant service provider at affordable costs, like ourselves.
Finding a point of sale system is not a difficult task. There are multiple platforms like Square, Vend, Shopify, etc., that can be found with a simple internet search. Selecting one among them, though, is a comprehensive process that requires you to have basic knowledge of what the facility offers and whether they meet your business specifications.
In an increasingly cashless economy, the old, one-size-fits-all point-of-sale (POS) system with payment terminals, touch screens, etc., may not be enough for your restaurant anymore.
Regardless of what type of restaurant you run—from quick-service shops and pizzerias, to mom-and-pop diners and food trucks, to fine dining—today’s modern restaurants need a POS system that meets customers’ constantly rising expectations. That means using a system that offers table-side ordering, menu updates, inventory management, credit card processing, tip calculation, and more.
Using a basic POS could result in errors when taking orders, delivering food, and tracking inventory. These issues can lead to negative reviews and ultimately damage your reputation, slowing down the flow of customers at your restaurant.
We can see below that technology is driving customers in the United States to dine out and order food online:
When nine in 10 consumers say they enjoy going to restaurants, technology creates a great opportunity to attract more customers and ensure that they keep coming back.
A 2018 POS Software Trends Report notes that about 50% of restaurant operators plan to add new functionality and features to their POS software in 2018, while 37% are looking to develop and/or deploy mobile POS.
There are plenty of software options that provide the latest capabilities. In this article, we’ll look at the three top-rated POS systems for restaurants, cafes, and eateries. We’ll also see what actual users have to say about these products and learn about the benefits of using these apps.
The three top-rated POS for restaurants are:
(Please note: The feedback given in each of the “Common user feedback trends” sections are the opinions of the reviewers and do not represent the opinions of Capterra. Read more about our methodology at the bottom of this article.)
CAKE POS is an all-in-one solution that features core POS functionality such as table-side ordering, quick menu editing, and order management. To streamline the workflow from the kitchen to the front of house. It works offline as well, automatically syncing the data once the device is online again.
Your servers and restaurant staff can take orders, send them to the kitchen, and accept payments on the CAKE POS OrderPad solution for iPad for $29/month. You can also change menu prices, add items, update menu options, and check the availability of menu options from the app.
CAKE POS’s dashboard facilitates customized order management. This helps your staff deal with an expanding menu (as you add or delete menu items). You can manage multiple prep stations, as well as approvals for comps (i.e., complimentary items given for free during a promotion).
The system also allows staff to clock in/out, provides time tracking tools (including overtime and breaks), and generates payroll reports.
Table-side order management view in CAKE (Source)
Based on analysis of user reviews on Capterra from POS users in the restaurant industry, here’s an overview of the areas of CAKE they like best and those that could be improved.
What users like:
What users think could be improved:
CAKE POS is suitable for restaurant owners who want a POS that integrates other restaurant technology features, such as guest management, a reservations systems, and online marketing. The CAKE OrderPad iOS app suits restaurants, bars, and coffee shops as the service staff can take orders directly at the table or counter.
TouchBistro is an iPad POS app that lets restaurant owners and staff customize orders based on tables, manage menus, accept payments via EMV-compliant swipers and wireless devices, create staff schedules, and more.
Servers and staff can take orders from the bar and for delivery or take-out, as well as customize orders in the app. They can add items to an order and split bills and items by seat. Clone and organize menu items, update the menu, and route orders to kitchen printers and displays.
You can also track ingredients based on pricing and unit information as well as update recipe ingredients on the menus. The tap-to-create recipes functionality shows you common ingredients used in menu items.
TouchBistro offers functionality that calculates staff wages and labor costs based on each person’s role (i.e., bartender, chef, dishwasher). It tracks overtime as well with the clock-in/out functionality.
Complete menu view with prices for table-side ordering in TouchBistro (Source)
Based on analysis of user reviews on Capterra from POS users in the restaurant industry, here’s an overview of the areas of TouchBistro they like best and those that could be improved.
What users like:
What users think could be improved:
TouchBistro has all the core features of a modern POS, such as table-side ordering, menu management, staff management, and inventory management. This makes it suitable for both full-service and quick-service restaurants. The app’s mobile POS also allows you to process payments right at the table.
Restaurant owners who use iPad 9.7, iPad Pro, or the Mini 4 should look at TouchBistro, as it doesn’t run on the first generation iPad, iPad 2, or iPad 3rd/4th generation.
Toast POS is a cloud-based, all-in-one POS that’s designed specifically for restaurants. It helps restaurateurs and staff take orders, track item availability on the menu, check inventory, and make sales. Toast POS suits all types of food service businesses, including bars, quick-service, and full-service restaurants.
Servers can take orders, send them to the kitchen, and process payments table-side using Toast’s handheld tablets. Toast’s Quick Order functionality lets users create new orders instantly, while the Quick Edit Mode allows staff to edit the menu. Track food and liquor costs, and more.
Toast offers a loyalty program to reward your most frequent customers and allows you to generate, accept, and sell gift cards (both digital and physical). Its reports can help you analyze the best sellers on your menu and other details such as total guests, table turn time, tips, and net sales.
Toast POS runs on only Android mobile devices or tablets, through which you can also integrate online ordering, offer gift cards, and run>What users like:
What users think could be improved:
Toast POS works for all types of small food establishments that have a limited budget but want a fully customizable POS than can track inventory and food costs, give a breakdown of sales and payments, and handle most of their accounting needs.
The tool is also an ideal choice for restaurateurs that want loyalty programs, gift cards, and online ordering integrated with the POS. Toast POS is also a good solution for Android users.
This apples-to-apples comparison is intended to help you choose the right POS for your restaurant that meets your unique business needs. Most POS solutions offer a free trial period that lasts anywhere from 14 to 60 days. Be sure to sign up for these free trials and demos to see which solution meets your needs the best.
Capterra recommends that you evaluate between three and five systems as you research software tools. You can check out more POS solutions on Capterra’s POS software directory page. Read reviews and filter products by rating, features, and more.
Methodology
The solutions highlighted in this article are the POS software systems for restaurants that have the highest average overall user rating from restaurateurs and other restaurant staff at the time of writing. For this article, we evaluated 77 POS software systems and a total of approximately 550 user reviews on Capterra’s website, exclusively from restaurant owners and staff.
Here’s an overview of our method for choosing this list of top-rated apps:
Looking for Point of Sale software? Check out Capterra's list of the best Point of Sale software solutions.