Whether you are a retail store, a restaurant or Café, Xero gives you a number of options to integrate your POS (point of sale) system to save you time by reducing manual processes and money by reducing risks.
Xero is a leading Cloud based Accounting Software provider for small and medium sized businesses and is used by over a million users worldwide. They have an open API and a strong partner program, which means that you can integrate Xero with over 500 specialised complimentary applications such as POS systems, Inventory management system etc. to make your business more efficient.
Here we will review the top POS systems, which integrate with Xero to consider for your business.
This POS system specialises in hospitality businesses such as cafes, restaurant and bars but can also be used for retail businesses. It is compatible with Mac, PC, Android and iOS and is also able to work on all bar code scanners along with printers.
The value add Kounta offers for hospitality businesses is that it provides the ability to create recipes and manage wastage of product reducing manual paperwork.
It can also setup tables and shop layouts, manage multiple stores, control staff records and offer inventory management. Kounta also links to loyalty schemes and customer details from the CRM which can be easily exported for marketing purposes.
For the retail business, Vend is an option when integrating Xero with a POS system. For the ease of integration, client and product details can be easily imported to save time.
Specific features of Vend includes, inventory tracking with barcoding and SKU compatibility, real-time inventory tracking, purchase history tracking, multi outlet business capability and it is able to work offline should internet not be available. Vend also integrates with Andriod, iOS, PC and Mac.
The Good till is another POS software, which can also be used by retail businesses as well as restaurants and cafes. Its features are similar to Kounta and Vend as well as being able to operate without wifi.
Other features include its ability to create insightful reports such as up to date stock levels and seasonal sales trends. It also provides the ability to send email receipts to customers, making it more eco-friendly while at the same time retaining vital customer data.
Square originally known for developing the “Square reader” back in 2009, which allowed businesses without a credit card reader to take such payments using a smartphone. It now also serves the POS market and integrates with Xero.
Some of the benefits of using Square includes, automatic sync to get up to date financial data of the business, tracking all fees, tips refunds and money owed, fast reconciliation of daily sales and reduction of manual data entry of payments.
As well as retail, restaurants and cafes, square also accommodates for health and beauty and professional service businesses.
Integrating your POS system with Xero is essential especially when the focus is on reducing manual administration tasks to minimise the risk of human error in data management. Once fully integrated, the upside is enormous as financial insights can provide you to make better business decisions to help your business become more profitable.
If you would like to know more about Xero or would like to take up our free implementation offer, submit your contact details here and one of our consultants will be in touch.
This article is an extract from the Xero website and is written in general terms and therefore cannot be relied on to cover specific situations; application of the principles set out will depend upon the particular circumstances involved and we recommend that you obtain professional advice before acting or refraining from acting on any of its contents.