--- title: "Best Consignment Software - 2026 Reviews & Pricing" description: "Find the best Consignment Software & Pawn Shop Software for your organization. Compare top Consignment Software & Pawn Shop Software systems with customer reviews, pricing, and free demos." source_url: "https://www.softwareadvice.com/retail/consignment-store-pos-software-comparison/" page_type: "subcategory" language: "en" --- [Home](https://www.softwareadvice.com/) / Consignment Software Software Advice offers objective insights based on verified user reviews and independent product and market research. When our advisors match you to a software provider, we may earn a referral fee. # Best Consignment Software of 2026 Updated November 6, 2026 ## Consignment FAQs Software Advice advisors had 11 conversations with buyers about Consignment software between January 2025 and July 2026. These are the questions that came up most. - How do I choose the right Consignment software for my business? Advisor-call conversations show that buyers choosing consignment software focus on inventory and sales tracking features built for consignment shops, as well as point-of-sale tools that fit their business model. Many buyers look for options that connect with accounting systems, while cost is a practical filter since most products quote a flat monthly rate between $120 and $135. Teams also check with vendors about deployment options, as this varies but is not a leading concern for most small retail businesses. - What should businesses watch out for when choosing Consignment software? Most buyers researching consignment software are small businesses in the retail industry, according to our advisors. Deployment preferences did not come up as a major point in recent advisor calls, so teams may want to check with vendors about available options before moving forward. - How much does Consignment software cost? Buyers frequently tell our advisors that most consignment software is offered at a flat monthly price, with the median sitting at $120. Most quotes fall between $120 and $135 per month, based on recent advisor-call conversations. Answer based on 7 advisor calls - What is Consignment software and what does it do? Consignment software is designed to help consignment shops, antique malls, and collectible stores manage inventory and track sales. When speaking with our advisors, buyers describe using this software to handle sales transactions, monitor inventory on behalf of consignors, and connect sales data with accounting functions. Many solutions include point-of-sale tools tailored to the unique needs of consignment retail environments. On this page 1. Popular Comparisons 2. Buyers Guide 3. Frequently Asked Questions 4. Related Software Filter products 31 results ### Compare Products Showing 1 - 25 of 31 products #### Company Size - Self-Employed - 2-10 - 11-50 - 51-200 - 201-500 - 501-1000 - 1000+ #### Pricing Options - $$$$$ - $$$$$ - $$$$$ - $$$$$ - $$$$$ ### Compare Products Sort by **Recommendations**: Sorts listings by the number of recommendations our advisors have made over the past 30 days. Our advisors assess buyers’ needs for free and only recommend products that meet buyers’ needs. Vendors pay Software Advice for these referrals. **Reviews**: Sorts listings by the number of user reviews we have published, greatest to least. **Average Rating**: Sorts listings by overall star rating based on user reviews, highest to lowest. **Alphabetically (A-Z)**: Sorts listings by product name from A to Z. ### [Rain POS](/retail/rainpos-profile/) - Overall rating: 4.1/5 - Reviews: 134 - Free trial: Not available - Free demo: Not available #### Overview Rain is an all-in-one point-of-sale, website, and marketing system for small to midsized retailers. Music, dive, sporting goods, paddle, craft, sewing, quilting, and clothing [Read more](/retail/rainpos-profile/) #### Features ##### Best rated features - Promotions Management: 5/5 - Retail Inventory Management: 5/5 - Product Identification: 5/5 - Multi-Channel Marketing: 5/5 ##### Worst rated features - Multi-Location: 1/5 [See all features](/retail/rainpos-profile/#key-features) --- ### [Bravo Store Systems](/pawn-shop/bravo-store-systems-pos-profile/) - Overall rating: 4.6/5 - Reviews: 38 - Free trial: Available - Free demo: Not available #### Overview Bravo Store Systems empowers small businesses innovative point of sale solutions. Bravo is the leading provider of an all in one Point of Sale (POS) solutions tailored for a [Read more](/pawn-shop/bravo-store-systems-pos-profile/) #### Features ##### Best rated features - Sales Reports: 5/5 - Discount Management: 5/5 - For Retail: 3/5 - Barcode/Ticket Scanning: 3/5 ##### Worst rated features - Search/Filter: 1/5 - Point of Sale (POS): 1/5 - Barcode/Ticket Scanning: 3/5 - For Retail: 3/5 [See all features](/pawn-shop/bravo-store-systems-pos-profile/#key-features) #### Pricing ##### Basic - Price: Custom - Pricing available upon request [See full pricing details](/pawn-shop/bravo-store-systems-pos-profile/#pricing-and-plans) --- ### [Epos Now](/retail/epos-now-profile/) - Overall rating: 3.8/5 - Reviews: 733 - Starting price: $349.00one time - Best for: Popular - Free trial: Not available - Free demo: Not available #### Overview Epos Now POS systems are an effective business management, sales, and payment solution for single-site, multi-site, and online businesses. Popular with retailers and hospitality [Read more](/retail/epos-now-profile/) ##### What users love - Intuitive interface for all users - Streamlined staff operations - Accessible training and onboarding ##### To take in mind - Slow and unresponsive service - Long waits and inconsistent help - Unexpected and recurring charges #### Features ##### Best rated features - User Management: 5/5 - Customer History: 5/5 - Sales History: 5/5 - Time Clock: 5/5 ##### Worst rated features - PCI Compliance: 1/5 - Point of Sale (POS) Integration: 1/5 - Ordering Automation: 1/5 - In-Person Payments: 1/5 [See all features](/retail/epos-now-profile/#key-features) --- ### [Liberty REACT](/retail/liberty4-consignment-profile/) - Overall rating: 4.6/5 - Reviews: 147 - Starting price: $189.95/month - Best for: Customer support - Free trial: Not available - Free demo: Not available #### Overview Liberty React is a cloud-based eCommerce and consignment management solution designed for businesses in the resale industry. The platform allows organizations to handle accounts, [Read more](/retail/liberty4-consignment-profile/) #### Features ##### Best rated features - Reporting & Statistics: 5/5 - Retail Inventory Management: 5/5 - Inventory Management: 5/5 - Credit Card Processing: 5/5 ##### Worst rated features - Activity Dashboard: 4/5 [See all features](/retail/liberty4-consignment-profile/#key-features) --- ### [SimpleConsign](/retail/simpleconsign-profile/) - Overall rating: 4.7/5 - Reviews: 355 - Starting price: $99.00/month - Best for: Small businesses - Free trial: Available - Free demo: Not available #### Overview SimpleConsign’s point of sale (POS) and inventory management software is the system of choice for consignment stores and vendor malls. Whether you're starting a new store or [Read more](/retail/simpleconsign-profile/) #### Features ##### Best rated features - Real-Time Reporting: 5/5 - Real-Time Data: 5/5 - Customer Accounts: 5/5 - Retail Inventory Management: 5/5 [See all features](/retail/simpleconsign-profile/#key-features) #### Pricing ##### Store Launch Program - Price: $99.00/month - New SimpleConsign customers can enjoy SimpleConsign's Professional Plan for $99/month - an over 70% ##### Basic - Price: $159.00/month - This plan offers a Shopify plugin at $75/month. ##### Standard - Price: $259.00/month - This plan includes all Basic features PLUS additional (seen under 'features'). The plan offers a [See full pricing details](/retail/simpleconsign-profile/#pricing-and-plans) --- ### [ConsignPro](/retail/consignpro-profile/) - Overall rating: 4.6/5 - Reviews: 434 - Starting price: $129.00 - Best for: Ease of use - Free trial: Available - Free demo: Not available #### Overview For resale and consignment shop owners looking for a comprehensive, feature-rich retail management solution, ConsignPro provides reliable, time-tested software that is [Read more](/retail/consignpro-profile/) #### Features ##### Best rated features - Customer Accounts: 5/5 - Item Management: 5/5 - Barcode/Ticket Scanning: 4.3/5 - Inventory Management: 4.3/5 ##### Worst rated features - Gift Card Management: 2/5 - Loyalty Program: 3/5 - eCommerce Management: 3/5 - Discount Management: 3.7/5 [See all features](/retail/consignpro-profile/#key-features) #### Pricing ##### Basic - Price: $129.00 [See full pricing details](/retail/consignpro-profile/#pricing-and-plans) --- ### [Ricochet](/retail/ricochet-profile/) - Overall rating: 4.7/5 - Reviews: 119 - Starting price: $99.00/month - Best for: Value for money - Free trial: Available - Free demo: Not available #### Overview Drawing from our firsthand experience in the consignment industry, Ricochet has been meticulously designed to empower store owners for the future. Our comprehensive software [Read more](/retail/ricochet-profile/) #### Features ##### Best rated features - Order Management: 5/5 - For Retail: 5/5 - Inventory Tracking: 5/5 - Customer Database: 5/5 ##### Worst rated features - Payment Processing: 2.7/5 - Credit Card Processing: 3/5 - Barcode/Ticket Scanning: 3/5 [See all features](/retail/ricochet-profile/#key-features) #### Pricing ##### Ricochet POS - Price: $99.00/month - Core: $99/mo For running day-to-day store operations. Full POS, inventory, and consignor tools- [See full pricing details](/retail/ricochet-profile/#pricing-and-plans) --- ### [ConsignCloud](/retail/consigncloud-profile/) - Overall rating: 4.6/5 - Reviews: 52 - Starting price: $139.00/month - Free trial: Available - Free demo: Not available #### Overview ConsignCloud is cloud-based retail software specializing in solutions for consignment stores. Key features include modules for point of sale (POS), consignor management, customer [Read more](/retail/consigncloud-profile/) #### Features ##### Best rated features - Inventory Tracking: 5/5 - Data Import/Export: 5/5 - Inventory Optimization: 5/5 - Discount Management: 5/5 [See all features](/retail/consigncloud-profile/#key-features) #### Pricing ##### Basic - Price: $139.00/month - Start with a free 14-Day trial and enjoy unlimited accounts, items, and sales plus integrated ##### Pro - Price: $189.00/month - Everything in Basic, plus support for up to 3 store locations, access for up to 1,000 vendors, an ##### Enterprise - Price: Custom - Pricing available upon request - A fully customizable plan built for complex operations. Includes all Pro features plus unlimited [See full pricing details](/retail/consigncloud-profile/#pricing-and-plans) --- ### [ConsignmentTill](/retail/consignmenttill-profile/) - Overall rating: 5/5 - Reviews: 18 - Starting price: $100.00/month - Free trial: Available - Free demo: Not available #### Overview ConsignmentTill by RJFSOFT is a point of sale and inventory management system designed specifically with consignment stores in mind. Features include being able to handle [Read more](/retail/consignmenttill-profile/) #### Features ##### Best rated features - Barcode/Ticket Scanning: 5/5 - Inventory Management: 5/5 - Discount Management: 5/5 - Point of Sale (POS): 5/5 [See all features](/retail/consignmenttill-profile/#key-features) #### Pricing ##### Local Install on Windows PC - Price: $895.00one time - Software is downloaded and installed on a local Windows machine. Internet is not required to run ##### Monthly Subscription - Price: $100.00/month - Software is run remotely via an internet connection (Windows or Mac). You can access anywhere you [See full pricing details](/retail/consignmenttill-profile/#pricing-and-plans) --- ### [Aravenda Consignment Software](/retail/resale-global-profile/) - Overall rating: 4.9/5 - Reviews: 19 - Starting price: $289.00/month - Free trial: Available - Free demo: Not available #### Overview Aravenda is a cloud-based consignment management software that enables resale businesses of all sizes to create, run and manage custom eCommerce stores leveraging the power of AI [Read more](/retail/resale-global-profile/) #### Features ##### Best rated features - eCommerce Management: 5/5 - Purchase Order Management: 5/5 - Returns Management: 5/5 - Point of Sale (POS): 4.8/5 ##### Worst rated features - Data Import/Export: 2/5 - Reporting & Statistics: 3.5/5 - Credit Card Processing: 4/5 [See all features](/retail/resale-global-profile/#key-features) #### Pricing ##### Basic - Price: $289.00/month - Take your local store local for less than $10 a day. ##### Annual - 20% off monthly - - Price: $2,775.00/year - Annual pricing is like getting 3 months free! [See full pricing details](/retail/resale-global-profile/#pricing-and-plans) --- ### [The Consignment Shop](/retail/consignmentshop-profile/) - Overall rating: 4.6/5 - Reviews: 25 - Starting price: $1,455.00one time - Free trial: Available - Free demo: Not available #### Overview The Consignment Shop by SBS Solutions is a hybrid consignment management solution that caters to small and midsize consignment businesses across various industries like jewelry, [Read more](/retail/consignmentshop-profile/) #### Features ##### Best rated features - Point of Sale (POS): 5/5 - Inventory Management: 5/5 - Customer Database: 5/5 [See all features](/retail/consignmentshop-profile/#key-features) #### Pricing ##### Standard Package 1 - Price: $1,455.00one time - There is no contract, Free Setup, Free Support, Free Training. To lease the software it is $89.95 ##### Standard Package 2 - Price: $1,890.00one time - There is no contract, Free Setup, Free Support, Free Training. To lease the software it is $89.95 ##### Deluxe Package - Price: $2,535.00one time - There is no contract, Free Setup, Free Support, Free Training. To lease the software it is $89.95 [See full pricing details](/retail/consignmentshop-profile/#pricing-and-plans) --- ### [ACCEO Smart Vendor](/retail/acceo-smart-vendor-profile/) - Overall rating: 4.3/5 - Reviews: 32 - Starting price: CA$1,095.00one time - Free trial: Not available - Free demo: Not available #### Overview ACCEO Smart Vendor POS and Retail Management system is a robust and feature-rich solution for Canadian retailers. Our solutions are vertically tailored and designed to accelerate [Read more](/retail/acceo-smart-vendor-profile/) #### Features ##### Best rated features - Returns Management: 5/5 - Purchase Order Management: 4.7/5 - Barcode/Ticket Scanning: 4.6/5 - Point of Sale (POS): 4.5/5 [See all features](/retail/acceo-smart-vendor-profile/#key-features) --- ### [PawnMaster](/pawn-shop/data-age-pos-software-profile/) - Overall rating: 4.0/5 - Reviews: 19 - Starting price: $150.00/month - Free trial: Not available - Free demo: Available #### Overview PawnMaster Classic by Bravo Store Systems is an on-premise point of sale system tailored specifically for pawn shops, offering a secure and customizable solution to streamline [Read more](/pawn-shop/data-age-pos-software-profile/) #### Pricing ##### PawnMaster Classic Packages - Price: $150.00/month - Pricing starts at $150 per month for basic usage and ranges up to $600/mo. extensive features and [See full pricing details](/pawn-shop/data-age-pos-software-profile/#pricing-and-plans) --- ### [Bepoz](/retail/bepoz-profile/) - Overall rating: 3/5 - Reviews: 5 - Starting price: $71.00/month - Free trial: Not available - Free demo: Not available #### Overview Bepoz is an on premise or cloud-based point-of-sale (POS) solution designed for food-service and retail and businesses of all sizes. The product caters to both single as well as [Read more](/retail/bepoz-profile/) #### Features ##### Best rated features - Sales Reports: 5/5 - Order Management: 5/5 - Online Ordering: 5/5 - Payment Processing: 5/5 [See all features](/retail/bepoz-profile/#key-features) --- ### [Lightspeed Retail](/product/1932-Lightspeed-Retail/) - Overall rating: 4.0/5 - Reviews: 976 - Starting price: $109.00/month - Free trial: Available - Free demo: Not available #### Overview Lightspeed Retail is a cloud-based point of sale (POS) and retail management system (RMS) designed for retailers of all sizes in industries such as apparel, footwear, bike, [Read more](/product/1932-Lightspeed-Retail/) ##### What users love - Comprehensive inventory control tools - Versatile retail operations platform - Intuitive and accessible interface ##### To take in mind - Inconsistent and slow support response - Limited and confusing sales reporting - Expensive with extra add-on costs #### Features ##### Best rated features - Price/Margin Management: 5/5 - Data Import/Export: 5/5 - Barcode Printing: 5/5 - Barcode Recognition: 5/5 ##### Worst rated features - Promotions Management: 1/5 - Customer History: 1/5 - Inventory Replenishment: 1/5 - Stock Management: 1/5 [See all features](/product/1932-Lightspeed-Retail/#key-features) #### Pricing ##### Basic - Price: $109.00/month - For independent retailers ##### Core - Price: $179.00/month - For scaling retailers ##### Plus - Price: $339.00/month - For scaled, established retail operations [See full pricing details](/product/1932-Lightspeed-Retail/#pricing-and-plans) --- ### [Circle-Hand](/retail/circle-hand-profile/) - Overall rating: 4.9/5 - Reviews: 84 - Starting price: $99.00/month - Free trial: Available - Free demo: Not available #### Overview Circle-Hand supports resale, consignment, and secondhand stores by automating essential workflows for both consignment and buy outright models: • Track and manage your payouts and [Read more](/retail/circle-hand-profile/) #### Features ##### Best rated features - Order Management: 5/5 - Automatic Backup: 5/5 - Multi-Location: 5/5 - Check Printing: 5/5 ##### Worst rated features - Discount Management: 4/5 - Customizable Fields: 4/5 [See all features](/retail/circle-hand-profile/#key-features) #### Pricing ##### Basic (79€) - Price: $99.00/month [See full pricing details](/retail/circle-hand-profile/#pricing-and-plans) --- ### [ConsignR](/retail/consignr-profile/) - Overall rating: 5/5 - Reviews: 8 - Starting price: $100.00/month - Free trial: Available - Free demo: Not available #### Overview ConsignR is a software solution designed for inventory management and tracking in physical stores. It is particularly suited to consignment shops and boutiques that aim to simplify [Read more](/retail/consignr-profile/) #### Features ##### Best rated features - Consignment Management: 5/5 - Retail Inventory Management: 5/5 - Point of Sale (POS): 5/5 - Customizable Reports: 4.8/5 [See all features](/retail/consignr-profile/#key-features) #### Pricing ##### Lite - Price: $100.00/month ##### Pro - Price: $300.00/month ##### Enterprise - Price: Custom - Pricing available upon request [See full pricing details](/retail/consignr-profile/#pricing-and-plans) --- ### [ResaleOS](/product/539088-ResaleOS/) - Overall rating: 5/5 - Reviews: 5 - Starting price: $39.99/month - Free trial: Available - Free demo: Not available #### Overview ResaleOS is software for consignment shops, thrift and resale stores, vendor and antique malls, and online resellers who want one system instead of five. It's built for owners [Read more](/product/539088-ResaleOS/) #### Features ##### Best rated features - Data Import/Export: 5/5 - Electronic Payments: 5/5 - Sales Reports: 5/5 - AI Copilot: 5/5 [See all features](/product/539088-ResaleOS/#key-features) #### Pricing ##### Crosslister - Price: $39.99/month - Sell on 6 marketplaces at once with unlimited AI-built listings, built-in POS and consignment tools. ##### Reseller - Price: $89.99/month - Scale without limits — sell on unlimited marketplaces, manage unlimited consignors with a self-serve ##### Pro - Price: $219.99/month - The unfair advantage for serious resale businesses — unlimited everything, automatic tax [See full pricing details](/product/539088-ResaleOS/#pricing-and-plans) --- ### [Rose for Square](/retail/rose-for-square-profile/) - Overall rating: 4.4/5 - Reviews: 34 - Starting price: $50.00/month - Free trial: Available - Free demo: Not available #### Overview Rose is a cloud-based solution which assists consignment store managers with inventory tracking and payment processing. Key features include order tracking, messaging and business [Read more](/retail/rose-for-square-profile/) #### Features ##### Best rated features - Discount Management: 5/5 - Point of Sale (POS): 4.5/5 - Activity Dashboard: 4.5/5 - Customer Database: 4.3/5 ##### Worst rated features - Consignment Management: 3/5 - Reporting & Statistics: 3.3/5 - Email Marketing: 3.5/5 - Loyalty Program: 3.8/5 [See all features](/retail/rose-for-square-profile/#key-features) #### Pricing ##### Basic - Price: $50.00/month [See full pricing details](/retail/rose-for-square-profile/#pricing-and-plans) --- ### [Oneir](/erp/oneirsolutions-profile/) - Overall rating: 4.8/5 - Reviews: 5 - Free trial: Not available - Free demo: Not available #### Overview Oneir Solutions is an enterprise resource planning (ERP) platform designed to help organizations manage and coordinate critical business operations from a single, unified system. [Read more](/erp/oneirsolutions-profile/) #### Features ##### Best rated features - Accounts Receivable: 5/5 - Payroll Management: 5/5 - Accounts Payable: 5/5 - Purchase Order Reconciliation: 5/5 ##### Worst rated features - Inventory Control: 4/5 - Reorder Management: 4/5 [See all features](/erp/oneirsolutions-profile/#key-features) --- ### [Retail Plus Point Of Sale](/retail/retail-plus-profile/) - Overall rating: 4.4/5 - Reviews: 27 - Starting price: $249.00one time - Free trial: Available - Free demo: Not available #### Overview Retail Plus is a point of sale (POS) solution suitable for small businesses. It offers billing and invoicing, payment processing, customer tracking, reporting and inventory [Read more](/retail/retail-plus-profile/) #### Features ##### Best rated features - Gift Card Management: 5/5 - Ordering Automation: 5/5 - For Retail: 5/5 - Layaway Management: 5/5 ##### Worst rated features - Barcode/Ticket Scanning: 3.8/5 - Multi-Location: 4/5 - Commission Management: 4/5 [See all features](/retail/retail-plus-profile/#key-features) #### Pricing ##### Basic - Price: $249.00one time [See full pricing details](/retail/retail-plus-profile/#pricing-and-plans) --- ### [Quail](/retail/quail-profile/) - Overall rating: 5/5 - Reviews: 2 - Starting price: $40.00/month - Free trial: Available - Free demo: Not available #### Overview Quail is store management and point-of-sale (POS) solution that helps antique vendors, malls and stores manage payments, sales, records, reports and more. The platform enables [Read more](/retail/quail-profile/) #### Pricing ##### Basic - Price: $40.00/month ##### Regular - Price: $70.00/month ##### Full - Price: $135.00/month [See full pricing details](/retail/quail-profile/#pricing-and-plans) --- ### [Consignloop](/product/557810-Consignloop/) - Overall rating: 5/5 - Reviews: 1 - Starting price: $29.00/month - Free trial: Available - Free demo: Not available #### Overview Consignloop is purpose-built software for consignment and resale boutiques — the shops juggling hundreds of consignors, thousands of items, different commission splits, and payouts [Read more](/product/557810-Consignloop/) #### Features ##### Best rated features - Transaction History: 5/5 - Reporting & Statistics: 5/5 - Self Service Portal: 5/5 - Retail Inventory Management: 5/5 [See all features](/product/557810-Consignloop/#key-features) #### Pricing ##### Starter Plan - Price: $29.00/month - Target Audience: Solo and smaller shops finding their feet. ##### Growth Plan - Price: $59.00/month - Target Audience: Established shops with a full rack and a waitlist. ##### Pro Plan - Price: $89.00/month - Target Audience: Busy stores with multiple staff on the floor and full Square POS integration. [See full pricing details](/product/557810-Consignloop/#pricing-and-plans) --- ### [ConsignmentHelper](/product/534640-ConsignmentHelper/) - Overall rating: 5/5 - Reviews: 1 - Starting price: $25.00/month - Free trial: Available - Free demo: Not available #### Overview ConsignmentHelper is software designed to manage seasonal consignment sales events. It is intended for organizations such as churches, schools, community groups, and non-profits [Read more](/product/534640-ConsignmentHelper/) #### Features ##### Best rated features - Customizable Fields: 5/5 - Automatic Backup: 5/5 - Self Service Portal: 5/5 - Retail Inventory Management: 5/5 [See all features](/product/534640-ConsignmentHelper/#key-features) #### Pricing ##### Starter - Price: $25.00/month - Everything you need for a pop-up or seasonal sale. No spreadsheets, no paper tags, no headaches. ##### Growth - Price: $74.00/month - Outgrowing your current system? Get unlimited consignors, full reporting, and automated payouts. ##### Scale - Price: $149.00/month - Built for high-volume events. Eliminate long lines and keep your sale moving. [See full pricing details](/product/534640-ConsignmentHelper/#pricing-and-plans) --- ### [PROSALE](/retail/prosale-profile/) - Overall rating: 5/5 - Reviews: 1 - Starting price: $29.00/month - Free trial: Not available - Free demo: Not available #### Overview PROSALE offers estate sales management software to drive growth in the estate sale industry. Some features include point of sale, inventory management, loss control, mobile label [Read more](/retail/prosale-profile/) --- 1 [2](https://www.softwareadvice.com/retail/consignment-store-pos-software-comparison/?__ai_markdown=true&page=2) ## Popular Comparisons [ Epos Now vs Lightspeed Retail ](https://www.softwareadvice.com/compare/1932-Lightspeed-Retail/vs/21000-epos-now/)[ Circle-Hand vs SimpleConsign ](https://www.softwareadvice.com/retail/circle-hand-profile/vs/simpleconsign/)[ Rose for Square vs ConsignCloud ](https://www.softwareadvice.com/retail/consigncloud-profile/vs/rose-for-square/)[ Rain POS vs Bravo Store Systems ](https://www.softwareadvice.com/pawn-shop/bravo-store-systems-pos-profile/vs/rainpos/) ## Send me a copy of this list to my inbox ### Get a copy of this list with pricing info sent to your inbox so you can pick up where you left off when convenient to you. Here's what we'll cover: - [What is Consignment Software?](#WhatisConsignmentSoftware) - [Common Features of Consignment and Pawn Shop Software](#CommonFeaturesofConsignmentandPawnShopSoftware) - [Expected Benefits of Consignment and Pawn Shop Software](#ExpectedBenefitsofConsignmentandPawnShopSoftware) ## What is Consignment Software? Consignment software is a tool that primarily helps pawn shops and thrift stores with inventory tracking and auditing. Pawn shops in particular have strict regulations concerning documentation. For both consignment shops and pawn stores, general ledger and payroll are identical with general retailers. Both have special requirements for customer information, accounts payable and especially inventory. Pawnbrokers have unique requirements for accounts receivable to track payments from clients with items in pawn. Consignment and pawn shops have an issue that is not a factor in other retail operations: the providers may want their merchandise back. Inventory tracking and auditing are the primary concerns for those looking for consignment tracking software, thrift store software or pawnbroker software. Pawn shops in particular have strict regulations concerning documentation. In most states, even voided receipts must be retained and filed. A number of states require that pawn systems be approved by the state. Pawn shops are also subject to PATRIOT Act Anti-Money Laundering (AML) regulations and IRS Form 8300 requirements. Consignment shops are not typically subjected to the same scrutiny, but the record keeping tasks are similar. Consignment stores do not generally buy inventory, they hold it for others and pay the sellers. Consequently, the inventory consists of all unique items which must be linked to the owners until sold, then the correct amount calculated and remitted—making consignment inventory solutions very specific to the industry. For both consignment shops and pawn stores, general ledger and payroll are identical with general retailers. Both have special requirements for customer information, accounts payable and especially inventory. Pawnbrokers have unique requirements for accounts receivable to track payments from clients with items in pawn. ## Common Features of Consignment and Pawn Shop Software We often hear questions from users such as, "Are there free consignment software vendors?" and "What is the best consignment software solution?" These questions are difficult to answer—there are a number of consignment point of sale software and thrift store POS systems that can meet users' needs. _Screenshot of SimpleConsign dashboard_ However, there are a number of features that users should look for when evaluating these solutions. Owners need core accounting, but should evaluate the following functions to meet their unique requirements: | Feature | Description | | --- | --- | | ID scanning | The system should scan and retain ID information for sellers and consigners. The POS should scan IDs and verify that the format of the ID is correct. It is impractical to validate the IDs against government databases. | | Commitment to pay scheduling | The system should calculate interest and the commitment to pay schedule for pawn clients, generating coupon books or bills as required. | | Unique inventory items | Resale stores have inventories built from unique items that must be tracked individually from initial acquisition to final sale and payment. The system must track and value these inventories. | | Customer payment calculation | When consignment stores sell articles, the system must track the date and the amount, and then calculate the total remittance to the customer, as well as the store’s percentage. | | Customer history tracking | In order to prevent and settle disputes, the system needs to keep complete time and date stamped records of all transactions, correspondence, visits and phone calls for any particular customer. | | Inventory disposition | For resale shops, the ownership of a particular item may change. For example, a consigned item may not be picked up in the agreed time or an item may come out of pawn. The system needs to make all required notifications to the client and change inventory status as necessary. | | Employee audit control and inventory | Shrink is a big issue in these industries and can have a big impact on the bottom line. An accurate and up-to-date employee audit, done frequently, is the best defense. | | Inventory authentication | The system should help identify lost, stolen and counterfeit goods by interfacing with online data sources. | | Security system integration | Pawn stores in particular benefit from integration between the POS system and security systems, linking security recordings with transaction records. | | Messaging integration | The system should transmit customer alerts for payments due, items sold or changes in item status. Ideally, the customer should be able to opt in for email, text messages or robotic calls. | | PATRIOT Act Anti Money Laundering reporting | The system should provide PATRIOT Act AML-required reports when purchases of “covered goods” of $50,000 or more are made in a single year. | | Support for IRS Form 8300 | If a person pays for merchandise with $10,000 or more in cash, the systems should flag the transaction and generate information for IRS Form 8300. | | Law enforcement reporting | Any required law enforcement reports for a jurisdiction should be available from the system as required. These reports should be predefined but customizable. | --- ## Expected Benefits of Consignment and Pawn Shop Software There are many benefits of using a consignment and pawn shop software solution. The most obvious one is the amount of time saved in daily operations. Some of the advantages of consignment and pawn shop software include the following: **Ensure a smooth transaction process with POS.** A consignment and pawn shop software solution helps users complete all the sales steps, such as conduct sales conveniently, buy products outright and consign items, in the same transaction. Its POS system handles online credit card processing, split payments, returns and voids. **Access to consignor information.** This enables the user to find accurate information, such as payout history, account activity, account balance and inventory details, related to each consignor on a single screen. Also, users can add consignment inventory either in batches or one at a time. **Employ better inventory management.** Users would no longer need to review every reporting page to locate stock items. With the consignment software solution in place, users can track and add inventory efficiently. Users can also search the inventory by brand, color, category, name or other keywords. Also, they can search for consignor inventories either by an individual consignor or as a group. The software helps in understanding and automatically tracking other metrics such as inventory level, the age of the stock items and price markdowns. **Real-time communication with consignors.** The software sends automatic emails and instant messages to consignors regarding updates, such as sales conducted or inventory status, so that they remain up to date with the latest status. **Pricing and discount management.** A consignment and pawn shop software solution allows users to price items correctly the first time and suggests pricing quotes as well. Also, the software suggests discounts for items and offers useful features, such as automatic item discount. This feature enables users to lower prices of consignment products at the POS system while preventing them from discounting below the acceptable price. In conclusion, a consignment and pawn shop software solution has several significant benefits that will enhance the functioning of your business. ### Related Consignment Software - [Apparel Management Software](https://www.softwareadvice.com/retail/pos-software-for-apparel-retailers-comparison/) - [Fashion Design Software](https://www.softwareadvice.com/fashion-design/) - [Florist Software](https://www.softwareadvice.com/retail/florist-software-comparison/) - [Garden Center Software](https://www.softwareadvice.com/garden-center/) - [Jewelry Store Management Software](https://www.softwareadvice.com/retail/jewelry-pos-software-comparison/) - [Pawn Shop Software](https://www.softwareadvice.com/pawn-shop/) - [Print Estimating Software](https://www.softwareadvice.com/print-estimating/) - [Web to Print Software](https://www.softwareadvice.com/web-to-print/)