POS reconciliation is the process of manually checking your POS sales records against your cash on hand and credit card processing statements to ensure there are no discrepancies. POS reconciliation can be done anytime, but more frequent audits ensure any disparities are identified and fixed right away. For most businesses, the best practice is often…
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How to Set Up Click and Collect and Curbside Pickup
For independent retailers, accepting online orders for in-store pickup is an effective way to boost sales and increase customer satisfaction by making it easier for shoppers to buy. Click and collect is when a customer selects and pays for products online, then the retailer packages the order and has it ready for the customer to…
How to Accept Credit Card Payments Online for Free
Businesses can accept credit card payments online without any monthly or startup fees using services like Square and PayPal, but there is no escaping transaction fees. That’s because banks and credit card companies charge a fee whenever a card is used as payment. However, there are plenty of ways to accept payments online with affordable…
8 Best Restaurant POS Systems 2020
Restaurant Point of Sale (POS) systems manage orders and process payments for food service businesses. Increasingly, restaurant POS systems are becoming all-in-one restaurant management solutions with inventory management, employee management, staff scheduling, reservation, online ordering, and customer loyalty functions. Modern cloud-based and hybrid POS systems operate on tablets, making them more versatile and affordable than…
4 Best Multichannel POS for 2020
A multichannel POS system allows businesses to sell in-store, on the go, and online using one centralized software program. Every multichannel POS in this guide offers centralized inventory, customer, and order management. The best systems connect to several online sales channels and other business management software for under $100 per month for small businesses. The…
5 Best POS Systems for Food Delivery 2020
Food delivery point-of-sale (POS) systems are a combination of restaurant software and hardware that enable restaurants to manage orders, track sales, and process payments. The best food delivery POS systems have tools for managing orders placed in-house, online, and via third-party platforms. Ideally they have the ability to dispatch drivers and process online payments. We…
ShopKeep vs Clover: Price, Features & What’s Best in 2020
When comparing ShopKeep vs Clover, there is a stark difference between a full-bodied POS and a just-the-basics, budget management software. While both systems have similar core features, ShopKeep’s tools are far more granular, which is a requirement for growing retail and cafe businesses. However, Clover has mobile payment and appointment management integrations ideal for service…
SKU Numbers: What They Are & How to Set Them Up
A stock keeping unit (SKU) is an alphanumeric code that identifies a product and helps you track inventory for your retail business. You can create SKU numbers manually or using inventory management or point-of-sale (POS) software. SKU numbers print on your product label along with the product’s universal product code (UPC) and other product information….
6 Best Retail Management Software 2020
Managing a retail business is an enormous task. Retail management software helps businesses track inventory and customer orders across sales channels, manage customer relationships, and coordinate vendor orders. The best retail management software integrates seamlessly with point-of-sale (POS) software and ecommerce platforms, and has starting costs around $100 per month for small businesses. Top 6…
How to Set Up a POS System
Restaurants, retailers, hotels, and service providers use point-of-sale (POS) systems to handle customer transactions as well as backend features like inventory management and analytics reporting. For new small businesses, setting up a POS system can be as easy as downloading an app. For more complex businesses, setting up a POS system may require professional installation….
Planning Your Retail Store Layout in 7 Steps
Having a deliberate retail store layout is important for maximizing revenue for brick-and-mortar stores. By setting a plan, retailers can strategically direct shoppers to high-priority products and drive impulse sales. An effective retail store design also makes the space organized and easy to navigate, which is important for providing a good customer experience. Here’s how…
Types of POS Systems
A point-of-sale (POS) system is a tool that allows businesses to accept payments and manage business operations. There are many types of POS systems, each with features catering to different business types. Each POS system also has different compatible hardware and operating systems. POS systems range in price from free to around $100 per month….