Inventory Management
Point of Sale
Multi Store Management
Financial Reports
Customer Loyalty POS & Offers
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19 Nov
Hike POS vs Vend POS vs Books POS – Let’s compare which point of sale software is better for your retail store?
When looking for POS software, search not only for a point of sale but also evaluate it based on your store’s requirements. Hike POS vs Vend POS – They both offer fewer features and tools limited to Purchases and Sales. However, BooksPOS focuses on all aspects of the retail business to help you grow.
Let’s look at six important things you need to consider making an informed decision.
Inventory Management
| Features | Hike POS | Vend POS | BooksPOS |
|---|---|---|---|
| Unlimited Product Bins inside a retail location | ✗ | ✓ | ✓ |
| Delay stock adjustments | ✗ | ✗ | ✓ |
| Multi-Store Inventory | ✓ | ✓ | ✓ |
| Stock Transfers with approvals | ✓ | ✓ | ✓ |
| Inter-location Stock Replenishments | ✗ | ✗ | ✓ |
| Warehouse Management | ✗ | ✓ | ✓ |
| Partial physical stock counting | ✓ | ✓ | ✓ |
| Tag Sales (or Purchases) using multiple vouchers | ✗ | ✗ | ✓ |
| Advanced inventory reports | ✗ | ✗ | ✓ |
Hike POS lacks behind, as it doesn’t offer even basic features except for its multi-store inventory management, stock transfers, and physical count.
Vend POS however offers you basic inventory management features where you can manage and control physical stock count and create bins for your inventory.
BooksPOS makes inventory management easier through its advanced features like unlimited product bins, delay stock adjustments, inter-location stock replenishment, advanced inventory reports, and so on. BooksPOS gives you the control you need.
Winner – BooksPOS
Learn more about BooksPOS inventory management ->
Point of Sale
| Features | Hike POS | Vend POS | BooksPOS |
|---|---|---|---|
| End of day report | ✗ | ✓ | ✓ |
| User activity reports | ✗ | ✗ | ✓ |
| Advanced controls | ✗ | ✗ | ✓ |
| Centralized Inventory | ✓ | ✗ | ✓ |
| User Access Control | ✗ | ✗ | ✓ |
| Barcode Scanning | ✓ | ✓ | ✓ |
| Split Payments | ✓ | ✗ | ✓ |
| Customized Invoices | ✓ | ✗ | ✓ |
| Customer Data | ✗ | ✓ | ✓ |
Hike POS proves futile software offering limited features. Also, you will need to purchase expensive add-ons to access some features that a retailer might want.
Vend POS, though popular, does not provide you an integrated point of sale features except a few. Using Vend, you will need to purchase add-ons to access those advanced traits. Also, there are security demerits with Vend POS.
BooksPOS offers you almost all the point of sale: self-integrated advanced features like customer management, user access control, split payments, etc. required in retail to help them grow.
Winner – BooksPOS
POS Security
| Features | Hike POS | Vend POS | BooksPOS |
|---|---|---|---|
| Business Data Privacy | ✓ | ✗ | ✓ |
| Secure sales history | ✓ | ✗ | ✓ |
| Customize staff access | ✓ | ✗ | ✓ |
Hike POS offers your business security with sophisticated features to customize staff access.
Whereas, Vend POS grants access to all your sales history to every staff that enters new stock items that can reduce your privacy.
BooksPOS allows you to manage your staff access completely. Every part of BooksPOS is to be shown/hidden based on user roles and specific user permissions. You get to define what each type of user should see when they log in.
Winner – Tie between BooksPOS and ShopifyPOS
Multi Store Management
| Features | Hike POS | Vend POS | BooksPOS |
|---|---|---|---|
| Multi-Store inventory | ✓ | ✓ | ✓ |
| Stock transfers between stores | ✓ | ✓ | ✓ |
| Single report for all stores | ✗ | ✗ | ✓ |
| Franchise management | ✓ | ✓ | ✓ |
| Create sub-locations in the warehouse | ✗ | ✗ | ✓ |
| Process B2B and B2C orders from warehouses | ✗ | ✗ | ✓ |
Hike POS proves futile for a multi-store point of sale system. It provides no such important traits (except franchise management and stock transfers) that retailers can use to manage their multiple stores efficiently.
Likewise, Vend POS also provides you primary features for your multi-store inventory.
However, BooksPOS enhances and integrates with your stores or franchises with its single multi-store POS system with sophisticated features. BooksPOS gives you visibility of all your stores in one report.
Winner – BooksPOS
Franchise Management
| Features | Hike POS | Vend POS | BooksPOS |
|---|---|---|---|
| MRP Discount | ✗ | ✗ | ✓ |
| Revenue Sharing | ✗ | ✗ | ✓ |
| Stock Replenishment | ✗ | ✗ | ✓ |
| Profitability Reports | ✗ | ✗ | ✓ |
| Real-Time Reports | ✓ | ✓ | ✓ |
Here, Square’s and Hike’s POS are on the weaker grounds when weighed for franchise management.
Square POS and Hike POS, both provide you only real-time reports only for your franchise stores.
However, BooksPOS allows you to manage all your franchise stores and bill them on MRP discounts or allow revenue sharing. BooksPOS also offers advanced replenishment controls, allowing you to see the current stock at your franchisee stores and fulfilling them quickly.
Winner – BooksPOS
Learn more about BooksPOS Multi-Store Capabilities ->
Financial Reports
| Features | Hike POS | Vend POS | BooksPOS |
|---|---|---|---|
| Tax Compliant Reports | ✗ | ✗ | ✓ |
| Financial Statements | ✗ | ✗ | ✓ |
| Multi-Currency | ✓ | ✗ | ✓ |
| Accounting | ✗ | ✗ | ✓ |
| Expense Management | ✗ | ✗ | ✓ |
Shopify POS runs on a weak accounting framework and you will have to use any other accounting software compatible with their POS software.
Vend POS accounting has been a hit or miss. Similar to Shopify’s POS, it is neither tax compliant nor even provides you with advanced accounting.
BooksPOS never lets you down. Accounting comes built-in in BooksPOS. Journal, General ledgers, Financial statements, Expense management, tax reports, etc, everything is included in the software. BooksPOS is the only platform that depicts the accurate picture of your business.
Winner – BooksPOS
Learn more about BooksPOS accounting ->
Customer Loyalty POS & Offers
| Features | Hike POS | Vend POS | BooksPOS |
|---|---|---|---|
| Advanced loyalty slabs and features | ✗ | ✗ | ✓ |
| Unlimited price-lists | ✗ | ✗ | ✓ |
| Gift Cards | ✗ | ✓ | ✓ |
| Coupon Discounts | ✗ | ✗ | ✓ |
| Product Combos | ✓ | ✗ | ✓ |
| Offers based on customer’s purchase history | ✗ | ✗ | ✓ |
| Club multiple offers on the same product | ✗ | ✗ | ✓ |
| Controls to disallow discounting | ✗ | ✗ | ✓ |
| Manual discounts | ✓ | ✗ | ✓ |
As a retailer, you should be able to run smart offers that are unique, resulting in more sales.
Hike POS allows you to create manual discounts and offer product combos to the customers.
Vend POS supports a loyalty program, but a miss is that it only offers gift cards.
However, BooksPOS does much more. BooksPOS allows you to create custom offers and feature-rich customer loyalty benefits and membership options. All the offers get applied to your sales automatically with BooksPOS software.
Winner – BooksPOS
Learn more about BooksPOS CRM ->
Get more value for what you pay
Hike POS costs start with $59 USD/month.
Whereas, Vend’s POS costs start with $119 per month.
However, BooksPOS starts with $29/month per device, which is the most affordable option with the best features for small retailers.
Winner – BooksPOS
Transaction Fees
| Terms | Hike POS | Vend POS | BooksPOS |
|---|---|---|---|
| Transaction Fee | No Fee | Swiped Rate – 2.90% + $0.30 Keyed-in Rate – 3.30% + $0.30 | No Fee |
| Surcharging | Not Available | Not Available | Available |
Vend POS’ swiped rate and keyed-in-rate are so costly that a small retailer cannot afford it. Also, it does not support surcharging.
Hike POS, though, does not charge a separate transaction fee yet it also doesn’t support surcharging.
With BooksPOS, you don’t get billed with any additional transaction fees, and further you’re allowed to use any of our integrated payment processors or use one of your own. BooksPOS natively supports surcharging, allowing you to save a lot more on your credit card transaction fees.
Winner – BooksPOS
BooksPOS Value
| 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. The cost depends on a case-to-case basis.
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 and the updates we release frequently.
Conclusion
BooksPOS is a better point of sale software as compared to Vend’s POS. We provide better inventory management, customer management, and point of sale.
Hike POS fails in proper retail management. Reporting is lacking, syncing sales, customer details, etc. is incompetent, search functionality is cumbersome. Likewise, Vend POS fails in sustained customer support while BooksPOS understands the needs of small retailers and supports them 24*7 no matter what the situation is.
BooksPOS is built for smaller retailers and grows as the retailer grows. Therefore, our software promises the best point of sale service that starts from only $29 USD per device.
BooksPOS is the current best POS software in the industry. To know more,
