Inventory Management
Point of Sale
Multi Store Management
Financial Accounting
Customer Loyalty & POS Offers
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20 Nov
Shopify POS vs Hike 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 test it based on your store’s requirements. Shopify POS vs Hike POS – They both offers limited features and tools and are circumscribed to only 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 | Shopify POS | Hike POS | BooksPOS |
|---|---|---|---|
| Unlimited Product Bins inside a retail location | ✗ | ✗ | ✓ |
| Delay Stock Adjustments | ✗ | ✗ | ✓ |
| Multi-Store Inventory | ✓ | ✓ | ✓ |
| Stock Transfers with Approvals | ✗ | ✓ | ✓ |
| Inter-location Stock Replenishments | ✗ | ✗ | ✓ |
| Tag Sales (or Purchases) using multiple vouchers | ✗ | ✗ | ✓ |
| Warehouse Management | ✗ | ✗ | ✓ |
| Partial physical stock counting | ✗ | ✓ | ✓ |
Shopify POS lacks behind as it doesn’t offer even basic features except for its multi-store inventory management.
Hike POS, however, gives you necessary inventory management features where you can manage and control physical stock count as well.
BooksPOS makes inventory management more lenient through its high-level features like unlimited product bins, replenishment, advanced inventory reports, and so on. BooksPOS gives you the power you need.
Winner – BooksPOS
Learn more about BooksPOS inventory management ->
Omni-Channel
| eCommerce Platform | Shopify POS | Hike POS | BooksPOS |
|---|---|---|---|
| Shopify | ✓ | ✓ | ✓ |
| Woocommerce | ✗ | ✓ | ✓ |
Shopify POS is limited to its own Shopify platform. It does not allow you to sell over any other eCommerce platform.
BooksPOS and Hike POS, on the other hand, already integrates with Shopify, Woocommerce, and more marketplaces.
Winner – Tie between BooksPOS and Hike
Point of Sale
| Features | Shopify POS | Hike POS | BooksPOS |
|---|---|---|---|
| End of day report | ✓ | ✗ | ✓ |
| User activity reports | ✓ | ✗ | ✓ |
| Advanced controls | ✗ | ✗ | ✓ |
| Centralized Inventory | ✓ | ✓ | ✓ |
| User Access Control | ✓ | ✗ | ✓ |
| Barcode scanning | ✓ | ✓ | ✓ |
| Split payments | ✗ | ✓ | ✓ |
| Customized Invoices | ✗ | ✓ | ✓ |
| Customer Data | ✗ | ✗ | ✓ |
Shopify POS is good software and offers you basic POS services that small retailers might use. Yet, Shopify lacks many advanced features such as customized invoices, customer data management, and so on.
Hike POS when compared to Shopify POS and BooksPOS offers limited features. Also, you will need to purchase expensive add-ons to access some features that a retailer might want.
However, BooksPOS offers you almost all the features needed by a retailer. You won’t need to purchase any additional features as BooksPOS integrates all requirements. Also, BooksPOS offers you advanced features like customer management, user access control, split payments, etc. required in retail to help them grow.
Winner – BooksPOS
Learn more about BooksPOS point of sale ->
Multi Store Management
| Features | Shopify POS | Hike 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 | ✗ | ✗ | ✓ |
Shopify POS proves futile for a multi-store point of sale system. It offers no such important traits that retailers can use to manage their multiple stores efficiently.
On the other hand, Hike POS provides you primary features for your multi-store inventory.
BooksPOS enhances and integrates with your stores or franchises with its single multi-store POS system with sophisticated features. Moreover, BooksPOS gives you visibility of all your stores in one single report.
Winner – BooksPOS
Franchise Management
| Features | Shopify POS | Hike POS | BooksPOS |
|---|---|---|---|
| MRP Discount | ✗ | ✗ | ✓ |
| Revenue Sharing | ✗ | ✗ | ✓ |
| Stock Replenishment | ✗ | ✗ | ✓ |
| Profitability Reports | ✗ | ✗ | ✓ |
| Real-Time Reports | ✗ | ✓ | ✓ |
Here, Shopify’s and Hike’s POS are on the weaker grounds when weighed for franchise management.
Shopify POS doesn’t support franchise management.
Hike POS, though offers franchise management, provides you only real-time reports for other stores.
BooksPOS allows you to manage all your franchise stores and bill them on MRP discounts or allow revenue sharing. Moreover, 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 Accounting
| Features | Shopify POS | Hike 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 that is compatible with their POS software.
Similar to Shopify POS, Hike POS accounting has been a hit or miss. 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 true picture of your business.
Winner – BooksPOS
Learn more about BooksPOS accounting ->
Customer Loyalty & POS Offers
| Features | Shopify POS | Hike 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.
Shopify POS supports a loyalty program, but a miss is that it only provides manual discounts and offer coupons to the customers. ShopifyPOS is limited in terms of automated discounting and promotions stacking for the items in the cart.
Hike POS allows you to create manual discounts and offer product combos to the customers.
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
Shopify POS for retail needs a Shopify Subscription and an additional $89/month per location.
Whereas, Hike POS costs $59 USD/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 | Shopify POS | Hike POS | BooksPOS |
|---|---|---|---|
| Transaction Fee | 2.0% per online transaction | No Fee | No Fee |
| Integrated Payment | Available | Available | Available |
| Use of POS Payment Provider | Mandatory –otherwise the fee is charged | Optional – the retailer may use his own best payment solution | Optional – the retailer may use his own best payment solution |
| Surcharging | Not Available | Not Available | Available |
Hike POS, though, does not charge a separate transaction fee yet it also doesn’t support surcharging.
Shopify POS, however, charges a separate transaction fee unless you use their own Shopify Payments.
BooksPOS, allows you to save more by using a payment solution that it already integrates or you can bring your own – either way, it does not take a cut of your sales. Additionally, 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 – Shopify POS vs Hike POS vs BooksPOS
It is clear that BooksPOS is a better point of sale software. We provide better inventory management, customer management, and point of sale.
BooksPOS is an all-in-one Retail Management solution for your business. Shopify POS, on the other hand, is a part of a larger Shopify platform which is an eCommerce platform. Likewise, Hike POS fails in proper retail management. Reporting is lacking, syncing sales, customer details, etc. is incompetent, search functionality is cumbersome.
Though BooksPOS supports everything Hike and Shopify POS provides, it does much more. Therefore, BooksPOS is the current best POS software in the industry. To know more,
