Wednesday, July 12, 2017

Best Point of Sale Systems for Thrift Stores: 2017 Edition

Wow - I've had around 8 thrift stores contact me over the last couple of months based on an older post. Now seemed like a good time to update with more current information when it comes to the best point of sale systems for thrift stores. Note that this applies whether you have 1 location or 500 locations.  Below is a matrix that also notes costs and some other basic details.

Please note that that first steps in searching for a thrift store point of sale system are documenting processes, coming up with a budget, and interviewing staff and leadership to come up with a feature/function wish list. The matrix is only designed to give a high level view of whats on the market today and a few details about each system.

Here is the matrix:

Thrift Store Point of Sale Overview – 2017

Type
Examples
Strengths
Weaknesses
Costs
Kevin Antosh can demo or provide free trial
Cloud – low end
Shopkeep, Lavu, Silver, Clover, Revel
Super easy to learn and use
Weak for multi-location operations, limited reporting. Some systems lock you into contracts with specific credit card processing companies
$3000 - $4000 for typical 2 lane store for hardware + $120 - $200 a month per location for software subscription
Yes on Silver
Cloud – mid level
Bindo
Lightspeed
Easy to use and better designed for multi-location operations
Mixed reviews – somewhat pricey
$3000 - $4000 for typical 2 lane store for hardware + $200 - $300 a month per location for software subscription
Yes on Bindo
Cloud/Windows – high end
Microsoft Dynamics 365
Complete ERP software for entire organization
Fairly new (2017) and expensive
Easily $1000000 to $2000000 across the organization or around $60,000/month just for licensing
Yes – can be arranged
Mixed
Cloud Retailer
Part cloud/part Windows, well designed for multi-location. Latest in payment processing security while still being processor agnostic.
Might need some minor adjustments to handle round ups if needed.
$5000 - $8000 up front for a single store with 2 check out lanes + $70/month per store for software subscription and support.
Yes + can provide your organization with a full access to Cloud Retailer for up to 60 days.
Windows – Low end
Retail Management Hero
Designed for all types of retail – fairly low cost – flexible
Multi-location version will not be available until Q1 2018
$8000 - $10000 for typical 2 lane store . No mandatory on-going fees
Yes – have full copy.
Windows – mid level
Retail Pro
Stable system
Not truly for thrift, fairly outdated
$12000 - $16000 for typical 2 lane store . No mandatory on-going fees
No
Windows – customized for thrift
NCR Counterpoint SQL
Lots of thrift store customizations – in use already at multiple thrift stores (of which many I have met with in person)
Amazingly expensive
$12000 - $18000 for typical 2 lane store . No mandatory on-going fees
Have full copy of the basic software – general information on thrift store enhancements
Windows – discontinued (but in use at a lot of chain thrift stores)
Microsoft RMS, Microsoft RMS HQ, Microsoft POS 2009, Microsoft POS 2.0, Microsoft Dynamics AX
N/A
N/A
N/A
N/A


Software in bold means that it is use at thrift stores and/or well designed for thrift stores.

Contact me at 208-340-5632 or kevinantosh@gmail.com with any questions or if you have interest in the onsite consultancy services that I offer.

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