In the fast-paced world of retail, time is money. When you spend a significant amount of business hours manually entering your end-of-day sales data or managing time-consuming invoicing, you’re losing time that could be directed towards serving your customer.
In other words, you’re losing money.
Integrating an accounting software like QuickBooks with your retail POS system will simplify your day-to-day workflow and operations by automatically importing sales data to QuickBooks, giving you access to sales reports and vital data updates in real time.
What that means for you is more time and resources to devote to other areas of your business, allowing you to work on improving your customer experience.
We’ve simplified the process for you by identifying four top-rated retail POS systems that enable QB integration. (See our methodology below).
QuickBooks is an accounting software that enables businesses to manage their sales, expenses and daily transactions. It can also be used to generate reports, invoice customers, pay bills, file taxes, and more.
Integrations are most common for businesses that don’t have specific needs for accounting and inventory management but still require need a seamless and automated way of syncing sales and data reports.
What users say: Many reviewers appreciate the ability to be able to customize their solutions as well as its ability to integrate with a host of apps.
Acquired in 2012 by credit card processing company First Data Corporation, Clover allows customers to pair various software plans with four different hardware plans in order to meet the specific needs of their business.
This tool is suitable for retailers that want to mix and match software and hardware options in order to best serve their business needs.
What Clover POS is known for:
- All-in-one proprietary hardware: Its all-in-one services which include proprietary hardware such as printers, scanners, secure pin pads and chip card readers is designed to work seamlessly with its software.
- Access to a wide range of apps: You can include a range of third-party apps like Yelp, Shopify and QuickBooks to your platform to expand your capabilities.
What users say: Reviewers are impressed by how detailed and comprehensive its reporting is, as well as the responsiveness of their customer support team.
Developed in 2013, Lightspeed Retail is a cloud-based POS system that is targeted at mid to large businesses in different industries, such as apparel, jewelry, and home decor. Its speciality is in inventory management control, such as track stock transfers, work orders and vendor returns.
This platform is suitable for retailers that want the ability to customize services to fit the specific needs of their business for selling anytime and anywhere with any device. It also offers integration to payments, customer loyalty, and reporting and analytics.
What LightSpeed Retail is known for:
- Personalized customer service and onboarding: Every customer gets a free onboarding training session with an optional one-on-one follow-up. 24/7 support is also available.
- Designed for omnichannel environment: The software integrates seamlessly with its ecommerce, payments, and customer loyalty offerings.
- Robust inventory and reporting tool: Its multi-store capability keep inventory synced across locations and enables employees to conduct sales and check on inventory in real time.
What users say: Reviewers consistently praise Shopify’s customer support and speak highly of its integration capabilities, whether it’s for inventory management or fulfillment.
This platform is suitable for retailers who are already selling online or wanting to expand to selling online. It offers a wide range of pricing plans to meet the needs of different businesses.
What Shopify is known for:
- Affordable pricing: Plans range from $29/month (Basic plan) to $299/month +2.4% and 30 cents per transaction (Advanced Shopify plan).
- Intuitive interface: Easy-to-use interface and intuitive setup even for the most technologically challenged.
- Robust set of features, plus reliable inventory tool: Features include a fully-customizable website, blog, and online store, sales channels such as Amazon, international payment gateways, automated fulfillment process, and a reliable product inventory tool.
What users say: Many reviewers find the platform to be easy to use and train employees on. Overall, reviewers spoke positively of Square’s ability to integrate with applications, as they found integrations to be seamless and intuitive.
Known for its simplicity, Square is a credit card processing system that aims to eliminate the middleman, without having to go through a gateway, terminal or lender.
This software is suitable for retailers that want a free service with a comprehensive suite of features, along with pay-as-you-go-flat-rate payment processing.
What Square for Retail is known for:
- Flat-rate credit card payment processing: Retail owners have two options: 1) A 2.75% rate per swipe for payments or 2) 2.6% + 10 cents per swipe for terminals. The flat rate price per credit card transaction means that the credit card company fee, customer’s bank fee and merchant account processor fee are all accounted for in one flat fee.
- Suitable for low-volume merchants: Provides a more cost-efficient option without paying thousands of dollars in monthly fees.
- A free tool with a comprehensive feature set: For a free tool, Square’s free POS provides a comprehensive range of features (from its free card swipe reader to an ecommerce integration) needed to run your small business sufficiently.
Integrate with QuickBooks to import sales data automatically for efficiency
These four platforms aren’t your only options. Need more help finding out which of these is the best fit for your business? Our expert advisors are here to help walk you through that search. Call (844) 680-2046) for a free phone consultation today.
^Methodology: We selected the top-rated retail POS systems according to SA user reviews. These systems are listed alphabetically. Products had to have standalone mobile applications and at least 100 user reviews from Sept 2018 to Sept 2019.