Robust Inventory Management
Manage all your Franchise Stores
Financial Reporting, Accounting, and Tax Ready!
Targeted loyalty, promotions, and product pricing
Deeper and Accurate Retail Insights
Best Value under Your Pocket
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21 Oct
BooksPOS vs Hike POS – Which serves you a better retail point of sale software?
While BooksPOS supports everything Hike POS provides, it does much more. Retailers love BooksPOS for its functionality, ease of use, and outstanding support.
Here are some of the reasons why retailers are switching to BooksPOS.
Robust Inventory Management
| Features | BooksPOS | Hike POS |
|---|---|---|
| Unlimited Product Bins inside a retail location | ✓ | ✗ |
| Delay stock adjustments | ✓ | ✗ |
| Multi-Store Inventory | ✓ | ✓ |
| Stock Transfers with approvals | ✓ | ✓ |
| Inter-location Stock Replenishments | ✓ | ✗ |
| Franchisee Management | ✓ | ✓ |
| Tag Sales (or Purchases) using multiple vouchers | ✓ | ✗ |
| Partial physical stock counting | ✓ | ✓ |
| Advance inventory reports | ✓ | ✗ |
Inventory management is complex and requires proper control. BooksPOS makes it easier through its advanced ability to tag inventory into unlimited bins (damage, shortage, excess, custom), delayed stock adjustments, multi-store inventory, stock transfers, and replenishments across stores, franchisee management, etc. You can also create multiple sales vouchers from a single register.
It helps you manage complex inventory problems with ease – BooksPOS gives you the control you need.
Manage all your Franchise Stores
| Features | BooksPOS | Hike POS |
|---|---|---|
| MRP Discount | ✓ | ✗ |
| Revenue Sharing | ✓ | ✗ |
| Stock Replenishment | ✓ | ✗ |
| Real-Time Reports | ✓ | ✓ |
Manage your franchise stores and bill them on MRP discounts or allow revenue sharing. Track the profitability of your brand in real-time on the sales at the stores. Create and manage franchise stores for your brands allowing features like Sale Price Discounts when transferring stock to them. You also get advanced replenishment controls allowing you to see the existing stock at your franchisee stores and fulfilling them quickly.
Financial Reporting, Accounting, and Tax Ready!
| Features | BooksPOS | Hike POS |
|---|---|---|
| Tax Compliant Reports | ✓ | ✗ |
| Financial Statements | ✓ | ✗ |
| Multi-Currency | ✓ | ✗ |
| Accounting | ✓ | ✗ |
| Expense Management | ✓ | ✗ |
Save 50% of your time with BooksPOS built-in automated accounting which records purchases and sales. Tax Ready – You will get the general ledger as well as all the tax reports you need to file your documents at the end of the month/quarter/year. Also, auto-generate delivery documents. BooksPOS is the only platform that gives you the true picture of your business.
Targeted loyalty, promotions, and product pricing
| Features | BooksPOS | Hike POS |
|---|---|---|
| Advanced loyalty slabs and features | ✓ | ✗ |
| Controls to disallow discounting | ✓ | ✗ |
| Unlimited price-lists | ✓ | ✗ |
| Coupon discounts | ✓ | ✗ |
| Product combos | ✓ | ✓ |
| Offers based on customer’s purchase history | ✓ | ✗ |
| Offer to stack on the same product | ✓ | ✗ |
| Manual discounts | ✓ | ✓ |
As a retailer, you should be able to run captivative offers that are unique, resulting in more sales. BooksPOS allows you to create Price Lists, Coupons and Offers like BOGOs, or even complex combos. Moreover, multiple offers can apply at the same time. You can also create offers based on your customer’s purchase history giving your customers a personalized experience.
Deeper and Accurate Retail Insights
| Features | BooksPOS | Hike POS |
|---|---|---|
| Advanced Reporting | ✓ | ✗ |
| Daily Sales Report | ✓ | ✓ |
| Profitability Reports | ✓ | ✗ |
BooksPOS provides you with deeper and accurate retail insights such as daily sales reports, product performance, cash tracking, and much more with advanced filter views as well as excel-like control within the software so you do not need Excel to analyze your reports.
Best Value under Your Pocket
| BooksPOS Features | Value |
|---|---|
| Accounting (Quickbooks) | $75/mo |
| Omnichannel Inventory management | $40/mo |
| Business Intelligence tool | $200/mo |
| White Labelling options | $50/mo |
| API Access* | $250/mo |
| Total | $615/mo |
*API Access is a customs requirement and there will be an additional cost to using it.
Unlike Hike POS, which costs $59 USD/month, BooksPOS starts with $29/month per device. BooksPOS gives more value to the dollar you pay than any other POS software in the industry. With the BooksPOS subscription, you get access to all the features as well as the updates that we release frequently.
Conclusion
It is clear that BooksPOS is a better point of sale software when compared to Hike POS. We provide better inventory management, customer management, and point of sale. Also, Hike POS fails in proper retail management. Reporting is lacking, syncing sales, customer details, etc is incompetent, search functionality is cumbersome.
However, BooksPOS provides every feature and tool that a small retail owner seeks in a POS software. Also, our software is affordable for every small retailer as well. BooksPOS understand the needs of small retail owners so we support them 24*7 to keep their operations run smoothly.
