Inventory Management
Point of Sale
Multi Store Management
Financial Reports
Customer Loyalty POS & Offers
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19 Nov
Square 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. Square 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 | Square 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 | ✗ | ✗ | ✓ |
Square POS lacks behind as it doesn’t offer even basic features for inventory management.
Vend POS however offers you basic inventory management features where you can manage and control physical stock count also.
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 ->
Point of Sale
| Features | Square POS | Vend POS | BooksPOS |
|---|---|---|---|
| End of day report | ✗ | ✓ | ✓ |
| User activity reports | ✗ | ✗ | ✓ |
| Advanced controls | ✗ | ✗ | ✓ |
| Centralized Inventory | ✓ | ✗ | ✓ |
| Custom User Access Control | ✓ | ✗ | ✓ |
| Barcode Scanning | ✓ | ✓ | ✓ |
| Split Payments | ✓ | ✗ | ✓ |
| Customized Invoices | ✓ | ✗ | ✓ |
| Customer Data | ✓ | ✓ | ✓ |
Here, 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.
Vend POS though popular, does not provide you an integrated point of sale features except a few. Using Vend, you will have to purchase add-ons to access those advanced traits. Also, there is security demerits with Vend POS.
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
POS Security
| Features | Square POS | Vend POS | BooksPOS |
|---|---|---|---|
| Business Data Privacy | ✓ | ✗ | ✓ |
| Secure sales history | ✓ | ✗ | ✓ |
| Customize staff access | ✓ | ✗ | ✓ |
Square POS offers your business security with sophisticated features to customize staff access.
Whereas, Vend POS offers no such security tools. It 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 Square POS
Learn more about BooksPOS point of sale ->
Multi Store Management
| Features | Square 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 | ✗ | ✗ | ✓ |
Square POS proves futile for a multi-store point of sale system. It offers 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 | Square 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 | Square POS | Vend POS | BooksPOS |
|---|---|---|---|
| Tax Compliant Reports | ✗ | ✗ | ✓ |
| Financial Statement | ✓ | ✗ | ✓ |
| Multi-Currency | ✗ | ✗ | ✓ |
| Accounting | ✗ | ✗ | ✓ |
| Expense Management | ✗ | ✗ | ✓ |
Square POS runs on a weak accounting framework that offers only financial statements and no additional required finance tools and reports. Also. you will have to use any other accounting software compatible with their POS software.
Likewise, 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 includes 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 | Square 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.
Square POS supports a loyalty program, but a miss is that it only provides manual discounts and offers based on customer’s purchase history.
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 as well as feature-rich customer loyalty benefits, and membership options. Moreover, 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
Square POS for retail needs a Retail Subscription starting from $119/pm and additional transaction fees of 2.75%.
Whereas, Vend 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 available for small retailers.
Winner – BooksPOS
Transaction Fees
| Terms | Square POS | Vend POS | BooksPOS |
|---|---|---|---|
| Transaction Fee | 2.75% fee per transaction | Swiped Rate – 2.90% + $0.30 Keyed-in Rate – 3.30% + $0.30 | No Fee |
| Surcharging | Not Available | Not Available | Available |
Square POS takes 2.75% of your transaction each time. This is on top of the credit-card rate that only reduces with the more expensive plan you purchase. Also, it does not support surcharging.
Vend POS’ swiped rate and keyed-in-rate are so costly that a small retailer cannot afford it. Moreover, similar to Square POS, it also does not 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
It is clear that 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.
Square POS is a part of its SquareUp services that offers tool to run your business. 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.
We build BooksPOS 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,
