Inventory Management
Point of Sale
Multi-Store Management
Financial Accounting
Customer Loyalty & POS Offers
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22 Nov
Shopkeep POS vs Hike POS vs Books POS — Let’s compare which point of sale software is stronger for your retail store?
When seeking for POS software, probe not only for a point of sale but also test it based on your store’s requirements. Shopkeep POS vs Hike POS – They both offer limited features and tools defined 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 | Shopkeep 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 | ✓ | ✓ | ✓ |
Shopkeep POS doesn’t offer even essential features except for its multi-store inventory management and stock count.
Hike POS, however, gives you necessary inventory management features where you can manage and control physical stock count.
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
Omni-Channel
| eCommerce Platform | Shopkeep POS | Hike POS | BooksPOS |
|---|---|---|---|
| Shopify | ✗ | ✓ | ✓ |
| Woocommerce | ✗ | ✓ | ✓ |
Using Shopkeep POS, they do not favor you the platforms to sell online. Unlike Hike POS and BooksPOS, it does not integrate with Shopify and Woocommerce.
BooksPOS and Hike POS already integrates with Shopify, Woocommerce, and more marketplaces like amazon and others.
Winner – Tie between BooksPOS and Hike POS
Learn more about BooksPOS inventory management ->
Point of Sale
| Features | Shopkeep 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 | ✗ | ✗ | ✓ |
Shopkeep POS when compared to Hike POS and BooksPOS offers limited qualities. Also, you will need to purchase expensive add-ons to access some features that a retailer might want.
Likewise, Hike 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 invest in any additional features as BooksPOS integrates all requirements. Also, BooksPOS gives 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 | ShopKeep 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 | ✗ | ✗ | ✓ |
Shopkeep 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.
Likewise, Hike POS provides you primary features for your multi-store management.
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 | ShopKeep POS | Hike POS | BooksPOS |
|---|---|---|---|
| MRP Discount | ✗ | ✗ | ✓ |
| Revenue Sharing | ✗ | ✗ | ✓ |
| Stock Replenishment | ✗ | ✗ | ✓ |
| Profitability Reports | ✗ | ✗ | ✓ |
| Real-Time Reports | ✓ | ✓ | ✓ |
Here, ShopKeep’s and Hike’s POS are on the weaker grounds when weighed for franchise management.
ShopKeep POS, though offers franchise management, provides you only real-time reports for other stores.
Likewise, Hike POS offers only real time reports.
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 Accounting
| Features | Shopkeep POS | Hike POS | BooksPOS |
|---|---|---|---|
| Tax Compliant Reports | ✗ | ✗ | ✓ |
| Financial Statements | ✗ | ✗ | ✓ |
| Multi-Currency | ✗ | ✓ | ✓ |
| Accounting | ✗ | ✗ | ✓ |
| Expense Management | ✗ | ✗ | ✓ |
Shopkeep’s POS runs on a weak accounting framework as it offers no advanced features for financial accounting. Also, you will need to use any other accounting software compatible with their POS software.
Similar to Shopkeep 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 accurate picture of your business.
Winner – BooksPOS
Learn more about BooksPOS accounting ->
Customer Loyalty & POS Offers
| Features | Shopkeep POS | Hike POS | BooksPOS |
|---|---|---|---|
| Loyalty Points | ✓ | ✓ | ✓ |
| 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.
Shopkeep’s POS supports a loyalty program, but a miss is that it only provides loyalty points. Shopkeep POS limits in terms of automated discounting and promotions stacking for the items in the cart.
Hike POS allows you to create manual discounts and provides product combo offers to their customer.
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
Shopkeep POS for retail will cost you around $69 to $99/month .
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 | Shopkeep POS | Hike POS | BooksPOS |
|---|---|---|---|
| Transaction Fee | Swiped Rate: 1.00% – 4.99% Keyed-in Rate: 1.00% – 4.99% | No Fee | No Fee |
| Integrated Payment | Available | Available | Available |
| Surcharging | Not Available | Not Available | Available |
ShopKeep POS’ swiped rate and keyed in-rate are so costly that a small retailer cannot afford it. Also, it does not support surcharging. There are other costs like per-transaction fees and monthly fees that will associate with accepting credit cards through the service. This will be the case whether a merchant uses the company’s own ShopKeep Payments service, or an integrated third-party payment processor.
Hike POS, though, does not charge a separate transaction fee yet it also doesn’t support surcharging.
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 cut off your sales. 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 – Shopkeep POS vs Hike POS vs BooksPOS
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. ShopKeep POS fails in providing apt features for efficient retail operations. 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’s and ShopKeep’s POS provides, it does much more. Therefore, BooksPOS is the current best POS software in the industry. To know more,
