We've helped many furniture stores choose the right POS software so they can effectively manage products on the floor and track warehouse inventory. How does it work?

Furniture Store Software


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NetSuite logo
 
NetSuite for Retail is a cloud-based multi-channel retail management solution for retailers that combines e-commerce, POS, and order management functionalities. The software provides a unified retail system with back office management... Read More
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NetSuite for Retail is a cloud-based multi-channel retail management solution for retailers that combines e-commerce, POS, and order management functionalities. The software provides a unified retail system with back office management... Read More
 
Lightspeed Retail logo
 
Lightspeed Retail is a cloud-based point of sale (POS) solution that is suitable for retailers in industries such as apparel, footwear, bike, jewelry, pet, sporting goods and home decor. The solution enables retailers to manage inventory... Read More
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Lightspeed Retail is a cloud-based point of sale (POS) solution that is suitable for retailers in industries such as apparel, footwear, bike, jewelry, pet, sporting goods and home decor. The solution enables retailers to manage inventory... Read More
 
Bindo POS logo
 
Bindo POS is a cloud-based point of sale (POS) system that offers inventory management, customer management and e-commerce within a suite. The solution integrates with online marketplaces so that shoppers can purchase products directly... Read More
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Bindo POS is a cloud-based point of sale (POS) system that offers inventory management, customer management and e-commerce within a suite. The solution integrates with online marketplaces so that shoppers can purchase products directly... Read More
 
QuickBooks POS logo
 
QuickBooks POS is a retail point of sale system suitable for various small businesses such as clothing and shoe stores, small franchises, sporting goods stores and gift shops. It offers inventory and customer management tools, merchandise... Read More
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QuickBooks POS is a retail point of sale system suitable for various small businesses such as clothing and shoe stores, small franchises, sporting goods stores and gift shops. It offers inventory and customer management tools, merchandise... Read More
 
Clover POS logo
 
Clover is an integrated point-of-sale (POS) system with custom hardware designed for several types of retailers. The program is available in both web-based and server-based deployment versions and offers a mobile POS option in addition... Read More
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Clover is an integrated point-of-sale (POS) system with custom hardware designed for several types of retailers. The program is available in both web-based and server-based deployment versions and offers a mobile POS option in addition... Read More

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Cumulus Retail logo
 
Cumulus Retail by CAM Commerce is a Cloud, SaaS based retail management solution that enables small to mid-size retailers to manage their entire business in one system. Cumulus combines point of sale, E-Commerce, back office, and digital... Read More
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Cumulus Retail by CAM Commerce is a Cloud, SaaS based retail management solution that enables small to mid-size retailers to manage their entire business in one system. Cumulus combines point of sale, E-Commerce, back office, and digital... Read More
 
GiftLogic logo
 
GiftLogic offers retailers a complete point of sale solution from initial transaction to reporting and analysis. Retailers can choose from basic and pro packages available in GiftLogic in order to build a POS system that meets their... Read More
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GiftLogic offers retailers a complete point of sale solution from initial transaction to reporting and analysis. Retailers can choose from basic and pro packages available in GiftLogic in order to build a POS system that meets their... Read More
 
Smartwerks_USA logo
 
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 sale... Read More
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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 sale... Read More
 
Cybex Enterprise Retail Suite logo
 
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 information... Read More
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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 information... Read More
 
ACCEO Smart Vendor logo
 
ACCEO Smart Vendor is a retail point of sale (POS) and inventory management system that helps small and midsize retailers to manage stocks and process customers’ orders. It serves a variety of single and multi-locations retailers... Read More
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ACCEO Smart Vendor is a retail point of sale (POS) and inventory management system that helps small and midsize retailers to manage stocks and process customers’ orders. It serves a variety of single and multi-locations retailers... Read More

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Stratus Retail logo
 
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
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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
 
iVend Retail logo
 
iVend Retail is an omnichannel retail management solution that helps businesses manage various aspects of a brick and mortar retail shop and e-commerce store. It covers from point-of-sale (POS) to back office to head office operations.... Read More
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iVend Retail is an omnichannel retail management solution that helps businesses manage various aspects of a brick and mortar retail shop and e-commerce store. It covers from point-of-sale (POS) to back office to head office operations.... Read More
 
Business Control OneStep logo
 
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 solution... Read More
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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 solution... Read More
 
RQ Retail Management logo
 
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 analytics. RQ... Read More
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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 analytics. RQ... Read More
 
ACE Retail logo
 
ACE Retail is a point-of-sale solution that is deployed on-premise. Key features include retail and wholesale sales, inventory and purchasing, customer management, loyalty programs, reporting and invoicing. The system’s retail management... Read More
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ACE Retail is a point-of-sale solution that is deployed on-premise. Key features include retail and wholesale sales, inventory and purchasing, customer management, loyalty programs, reporting and invoicing. The system’s retail management... Read More

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STORIS logo
 
STORIS provides retail software solutions to the home furnishings, bedding and electronics/appliances industry. The complete suite of STORIS includes Point of Sale, customer service, inventory control, merchandising, accounting, finance,... Read More
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STORIS provides retail software solutions to the home furnishings, bedding and electronics/appliances industry. The complete suite of STORIS includes Point of Sale, customer service, inventory control, merchandising, accounting, finance,... Read More
 
RetailPoint Point of Sale logo
 
enVista offers cloud-based retail management solutions that help users manage the daily operations of a single store or multiple locations in real time. enVista's unified commerce software solutions are delivered as an integrated platform... Read More
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enVista offers cloud-based retail management solutions that help users manage the daily operations of a single store or multiple locations in real time. enVista's unified commerce software solutions are delivered as an integrated platform... Read More
 
Ordorite logo
 
Ordorite is a fully cloud-based retail management solution specifically designed for furniture, bedding and multi-store retailers. It has features to manage all business aspects including point of sale, product catalogue functionalities,... Read More
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Ordorite is a fully cloud-based retail management solution specifically designed for furniture, bedding and multi-store retailers. It has features to manage all business aspects including point of sale, product catalogue functionalities,... Read More
 
LS Nav logo
 
LS Nav is a retail management system consisting of point of sale (POS) and enterprise resource planning (ERP). Key features include inventory management, customer management, retail accounting, e-commerce, warehouse management and... Read More
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LS Nav is a retail management system consisting of point of sale (POS) and enterprise resource planning (ERP). Key features include inventory management, customer management, retail accounting, e-commerce, warehouse management and... Read More
 
Genesis Advantage logo
 
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 accounting... Read More
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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 accounting... Read More
 

Buyer's Guide

by Agnes Stubbs,

Last Updated: September 11, 2018


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.

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Retail Software Pricing Guide

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Retail Software Feature Checklist

 

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