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Shopify POS vs Square POS vs BooksPOS - Which is a better retail POS?


Shopify POS vs Square 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 Square 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.





Shopify POS vs Square POS vs BooksPOS - Point 1Inventory Management


 

FeaturesShopify POSSquare POSBooksPOS
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 doesn’t offer even basic features except for its multi-store inventory management.

Likewise, Square POS offers not even a single advanced or even basic inventory management tools. A retailer looking for a inventory POS might get disappointing with Square POS.

However, BooksPOS makes inventory management 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 PlatformShopify POSSquare POSBooksPOS
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 Square POS, on the other hand, already integrates with Shopify, Woocommerce, and more marketplaces.

Winner – Tie between BooksPOS and Square





Feature comparison - Point 2Point of Sale


 

FeaturesShopify POSSquare POSBooksPOS
End of day report
User activity reports
Advanced controls
Centralized Inventory
User Access Control
Barcode scanning
Split payments
Customized Invoices
Customer Data


Shopify POS when compared to Square POS and BooksPOS offers limited features. Also, you will need to purchase expensive add-ons to access some features that a retailer might want.

Square POS is a good point of sale software. Yet, it does not provide some advanced features like end of day reports, user activity reports, and sophisticated controls.

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 ->





Shopify POS vs Square POS vs BooksPOS - Point 3 Multi-Store Management


 

FeaturesShopify POSSquare POSBooksPOS
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, Square 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

FeaturesShopify POSSquare POSBooksPOS
MRP Discount
Revenue Sharing
Stock Replenishment
Profitability Reports
Real-Time Reports


Here, Shopify’s and Square’s POS are on the weaker grounds when weighed for franchise management.

Shopify POS doesn’t support franchise management.

Square 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 ->





Comparison feature point 4Financial Accounting


 

FeaturesShopify POSSquare POSBooksPOS
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, Square 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 ->





Comparison feature point 5Customer Loyalty & POS Offers


 

FeaturesShopify POSSquare POSBooksPOS
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.

Square POS allows you to create manual discounts and offers based on customer’s purchase history.

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 ->





Comparison feature point 6Get more value for what you pay


 

Shopify POS for retail needs a Shopify Subscription and an additional $89/month per location.

Whereas,  Square POS for retail needs a Retail Subscription starting from $119/pm and additional transaction fees of 2.75%.

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

TermsShopify POSSquare POSBooksPOS
Transaction Fee 2.0% per online transaction2.75% fee per transactionNo Fee
Integrated PaymentAvailableAvailableAvailable
Use of POS Payment ProviderMandatory –otherwise the fee is chargedOptional –
the retailer may use his own best payment solution
Optional –
the retailer may use his own best payment solution
SurchargingNot AvailableNot Available Available


Shopify POS charges a separate transaction fee unless you use their own Shopify Payments. Also, if you use your own payment methods other than shopify payments, you will charged an additional charge which might eat up your profits.

Likewise, Square POS also charges a transaction fee whenever you make a transaction.

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 FeaturesValue
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.

Learn more about BooksPOS ->





Conclusion – Shopify POS vs Square 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, Square POS is a part of its SquareUp services that offers tool to run your business. 

Though BooksPOS supports everything Square and Shopify POS provides, it does much more.  Therefore, BooksPOS is the current best POS software in the industry. To know more,

Request a Free Demo Now!

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