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RQ Retail Management

RQ is a cloud based point of sale (POS) and retail management solution for multi-location retailers. Features include mobile POS, CRM, advanced inventory management, HR, marketing and loyalty, repair and in-depth reporting and ana...Read more about RQ Retail Management

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Iridium Retail Manager

Iridium Retail Manager is scalable to fit the needs of retailers of all sizes, from single-user stores to national chains with hundreds of users. Because of the depth and quality of the service and history features within this app...Read more about Iridium Retail Manager

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MultiFlex RMS

MultiFlex RMS General Merchandise is a cloud-based retail management solution for single and multi-location retail stores. Key features include point of sale management, accounting, inventory, staff management, CRM and marketing. ...Read more about MultiFlex RMS

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RetailSTAR

RetailSTAR POS Software by CAM is an on-premise POS solution for specialty retail shops such as clothing stores, shoe stores, sporting goods retailers, gift and hobby shops, and health food stores. RetailSTAR targets small to mids...Read more about RetailSTAR

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Stratus Enterprise

Stratus Retail by Celerant Technology provides tools for point of sale (POS), inventory and order management, enterprise resource management (ERP), e-commerce, business intelligence, marketplace integrations (Amazon, eBay, Walmart...Read more about Stratus Enterprise

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NCR Counterpoint

The NCR Counterpoint solution includes an e-mail marketing tool, integrated e-commerce, mobile alerting, built-in gift card and customer loyalty programs and hardware specifically designed for the retail environment. The NCR ...Read more about NCR Counterpoint

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ProphetLine

ProphetLine is an on-premise point of sale (POS) solution that caters to small and midsize businesses across industries such as footwear and apparel, electronics and appliances, furniture and home decor, sporting goods, general me...Read more about ProphetLine

Cybex Enterprise Retail Suite

Founded in 1986, the retail software suite from Cybex includes point of sale, inventory management, distribution and replenishment, warehouse management, CRM, and e-commerce. The Cybex Enterprise Retail Suite focuses on infor...Read more about Cybex Enterprise Retail Suite

S2K Enterprise for Retail

Combining an intuitive, user-friendly retail application with powerful enterprise functionality, VAI’s S2K Retail Point-of-Sale (POS) software is the ideal solution for taking both walk-in and on-account sales. For quick cash tran...Read more about S2K Enterprise for Retail

4.2 (3 reviews)

Genesis Advantage

Genesis Advantage is a Windows-based, on-premise furniture retail solution for small to medium-sized retailers. The solution offers point-of-sale (POS), inventory management, accounting, sales and marketing functionality. Key acco...Read more about Genesis Advantage

4.3 (4 reviews)

OneStep-JV

OneStep by Business Control Systems is an on-premise point-of-sale (POS) solution that caters to brick and mortar retailers and provides the functionalities to process transactions, control inventory and purchases and more. The so...Read more about OneStep-JV

3.5 (8 reviews)

The Assistant Manager

The Assistant Manager (TAM) is a fully integrated POS solution that provides a point of sale, inventory management, CRM, e-commerce, accounting, WMS and merchandising functionality in one application suite. It provides an int...Read more about The Assistant Manager

2.5 (2 reviews)

RetailEdge

RetailEdge is an on-premise, retail POS solution designed for small and midsize businesses. It offers mobile POS, multi-location support, website integration, credit card processing and gift card management functionalities within ...Read more about RetailEdge

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Jesta Vision Suite

Jesta I.S. is a leading developer and provider of integrated cloud software solutions for small-midsize emerging retailers and large legacy retailers migrating to the cloud. Jesta specializes in branded goods, fashion, apparel, fo...Read more about Jesta Vision Suite

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Smartwerks

Smartwerks_USA is a point of sale and accounting software application. It is best suited to small and midsize specialty retailers like mattress stores, gift shops, patio stores, and jewelry stores. Key features include point of sa...Read more about Smartwerks

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NetSuite

With an integrated system that includes ERP, financials, commerce, inventory management, HR, PSA, supply chain management, CRM and more – NetSuite enables fast-growing businesses across all industries to work more effectively by a...Read more about NetSuite

4.1 (1454 reviews)

27 recommendations

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Fishbowl

Fishbowl is the #1 manufacturing and warehouse inventory management software! Its powerful inventory control system gives your small or midsize business the exact tools needed to transform your inventory management and scale your ...Read more about Fishbowl

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iVend Retail

iVend Retail by CitiXsys is an integrated POS software application delivered on cloud. Our SaaS platform empowers retailers to provide exceptional customer experiences throughout the entire shopper journey. iVend Retail includes c...Read more about iVend Retail

3.9 (15 reviews)

1 recommendations

Visual Retail Plus

Visual Retail Plus is an integrated system that gives retailers a single centralized location to manage Point of Sale, Inventory Management and more, all tailored to each retailer's unique needs. With more than 20 years in the ind...Read more about Visual Retail Plus

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LivePOS

Live POS is a cloud-based retail point-of-sale (POS) solution that helps users to manage their day-to-day business operations, manage relationships with their customers and process financial transactions. The solution offers POS, ...Read more about LivePOS

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Buyers Guide

Last Updated: March 16, 2023

Here's what we'll cover:

What Is Furniture Store POS & Inventory Software?

Common Features of Furniture Store POS & Inventory Software

Market Trends to Understand

What Is Furniture Store POS & Inventory Software?

Furniture and home decor stores face challenges on three fronts. First, there is the sheer size of the inventory, both in scope and in actual physical dimensions. Second, there are the options that the store has to pay for stock inventory. Third, there are the options that customers have to pay for purchases.

Furniture and decor items can range in size from sitting on a coffee table to filling an entire room. Often, purchases are delivered directly to the customer. The POS system must handle delivery scheduling and there should be a module for route planning for delivery. Inventory may be located on the showroom floor, in a storeroom or in a separate warehouse. Items are generally one of three types; stock, special order and customize to order. The POS should handle customization options and take deposits.

Expensive furniture, decor and antique inventory is often floorplanned. The inventory system and the accounts payable system must share information to calculate floorplan amounts and payments.

Installment sales are the rule for furniture; stores either factor the sale or carry the paper. In the first case, the system needs to calculate the discount and notify the factoring company. In the second case, the POS and the accounts receivable system must calculate payments (including “no interested for X months” calculations) and generate coupon books, if required.

Payroll is standard, but most furniture and decor retailers need support for commissions and sales quotas. General ledger is standard, but there tend to be many corrective entries as accounts payable and receivables change; for example, if a customer takes longer to pay then 24 months, then the interest rate changes from zero percent to 22 percent. Most systems are run on-premises, but software as a service (SaaS) offerings are available and cloud-based systems are attractive alternatives for those upgrading existing computer systems or replacing paper-based systems.

Common Features of Furniture Store POS & Inventory Software

We often hear interested buyers ask, "What's the best furniture store software?" While it's hard to drill down to just one vendor that offers the best POS for furniture store, these are the requirements that buyers should inquire about. In addition to core business functions, furniture and decor retailers should consider the following functions to meet their unique requirements:

Floor planning

The system needs to track which items are floorplanned and the due dates for payments. If a floorplanned item is sold, the system needs to post the transaction through to accounts payable for payment.

Suite sales

Furniture and decor items are often sold in suites, for example, a dining room with a table, chairs and buffet. The POS and inventory should properly price the sales of suites and individual items and reset inventory valuation as necessary.

Factoring

The system should support factoring accounts receivable. It should prepare factoring documentation as required and correctly update the accounts receivable system.

Credit sales

The POS and accounts receivable need to properly handle credit sales. It must handle variable terms and promotional terms. It must be able to handle a mix of store-held paper and factored credit.

Layaway

The POS system should allow customers to put products on layaway and identify the item as such in the inventory system. The layaway payments should be treated as deposits in the general ledger.

Promotional pricing

The system should allow sale and promotional pricing. The pricing should change in the POS and inventory automatically at a specified time and date, if desired.

Line management

Pieces of furniture and decor items are often produced as part of a line. The system should track which other items are available in stock and which are available by special order.

Delivery scheduling

The POS system should be able to schedule deliveries at the time of purchase. Fulfillment systems should be able to plot delivery routes for each day.

Customizing/special order

Many items are available customized to order, a basic frame with a choice of finishes or upholstery. The POS system should be able to quote for customized-to-order goods, estimate finish dates and schedule pick up or delivery.

Inventory tracking

The system should be able to track the location of each item, whether it is on the floor, in the stockroom or in the warehouse. For chain stores, furniture retail software should track which showroom has the items and allow in store transfers or customer pick up at other locations.

Appointment management

Stores that have sales quotas or commission pay should have an appointment system to support the sales representatives. Customers can ask for availability and schedule appointments with specific sales reps if desired. Advanced systems will have self-service appointment systems available online.

Split tender

The system must be able to accept payment over several different methods. For example, a customer may want to pay with cash and two different credit cards. The system must properly apply the split payments to the correct ledger accounts.

Market Trends to Understand

There are a few things furniture store software buyers should be paying attention to:

  • Software as a Service: Retail furniture software buyers have more options than ever when it comes to managing their store, with more vendors offering multiple deployment options. Software as a Service (SaaS) solutions are deployed online, giving you access to inventory management and POS from any supported Web browser. Updates and patches for your system are downloaded and installed, with IT support bundled into the month-to-month pricing model. Your POS and inventory management systems are hosted by the vendor, and easily sync with your online storefront. And because upfront costs are low, these solutions tend to be more affordable than traditional on-premise deployment options.

  • Support for mobile devices: Furniture software systems are increasingly offering retail solutions with mobile capabilities. Some of the best furniture software store vendors are developing native apps for mobile devices that put the power of your register in an employee’s pocket. With mobile technology, employees can review inventory availability, create purchase orders and schedule shipping directly from the sales floor via their smartphones or tablets. And with ecommerce integration, Mobile versions of your online storefront allow customers to browse your product or track orders on the go.