We must accept that technology is growing faster than ever now and it has left a huge impact on how businesses function and operate in this competitive age. Just like any other business, the retail industry is also leveraging the benefits of technology. Gone are the days when retailers used to maintain heaps of books to keep a record of the transaction and customers had to wait in a queue for their turn to come.
Now in the age of mobile, the use of retail shop software and apps enabled retail businesses to run their process efficiently whether it’s the payment, transactions, or keeping the records. A great online retail management software and the app can help you run your business efficiently.
|Free Retail Software||Starting Price||Platform|
|eRetail||Free||Android & iOS|
|Retail POS System||Free||Android & iOS|
|JustBilling||INR 12000/unit||Android & iOS|
|Vyapar App||Free||Android & iOS|
|Square||INR 4500/month||Android and iOS|
|Shopify||INR 6000/month||Android and iOS|
|Revel||Free||Android and iOS|
|QuickBooks||Free||Android and iOS|
|Lightspeed Retail||INR 5171/month||Android and iOS|
|ShopKeep||Free||Android and iOS|
|IT Retail||Free||Android & iOS|
|Paytm Retail POS||Free||Android|
|Marg ERP||INR 999/month||Android & iOS|
|Tally Shoper 9||Free||Android & iOS|
|eHopper||INR 2248/month||Android & iOS|
What is Retail Management Software?
Retail Shop management software is a computer application that helps retailers to connect with their customers and manage their sales and purchase transactions. It is essential for every retail shop or business that is operating online to manage its customer’s data, transaction details, order, and create a better experience for them. It is doing wonders for the retail business and this is the reason why most retail business owners are opting for retail store software solutions.
The free retail Shop software is also being revolutionized with retail mobile apps so as to provide freedom to the users to operate and get access to their business data and information handy. Most of the retail store software brands are coming up with their mobile app and increase efficiency so that the business owners can keep the stats and day-to-day work on their fingertips and can even run it from a remote location in real-time.
Features of Retail Management Software
Retail shop management software is a complete solution for all your needs at a retail business. It has a set of tools integrated with it that help businesses to manage and control varied tasks of their business effortlessly with just one software. It has a wide array of key features that makes it worth your investment. The key features that a retail shop software or app has, in general, are as follows:
- Customer management – This feature offers retailers to track and search the customer’s purchase history and their buying behavior and shows them the instant results based on their purchase history. It helps them gain more customers and helps the customers make a purchase quickly.
- Sales data management – Sales management helps retail shop owners to keep track of all details of sales and deals and help them analyze the regular achievement of the business efficiently.
- Inventory management – Inventory management helps retailers to keep track of and manage their inventory. They can categorize every product sale based on their attributes and quantity such as class, vendor, season, etc. It also helps in maintaining the stock in the inventory.
- Barcode scanning – Barcode scanning is the essential feature of retail store software that helps the owners and business staff to sell and navigate the products in the inventory system. They can easily scan the barcode of the product and locate it in the system and enhance efficiency.
- Customer database management – Customer database is vital for a retail business because it contains the history of purchase, customer details, and other important information related to purchase. It helps the business owners to serve their customers better depending on their previous purchases.
- Reporting – This feature helps business owners to maintain each and every detail of the businesses and prepare reports for it neatly so you can access it whenever you need and analyze your business performance and data at one glance.
- Dashboard – Dashboard shows you the real-time data of your business so you can control everything on time. You can keep an eye on inventory, performance, staffing, and other stuff through the dashboard.
How retailers get benefit from retail shop software?
Small retail business and store owners benefit a lot from retail app & software as they get several services in one place. They can do their everyday tasks such as getting customer’s details, keeping records of payments, track sales and expenses and controlling inventory with just one software. The software helps streamline the process of operating a retail business. There are many other ways in which retail store management software helps business owners.
- The software helps streamline the transaction process, automates everyday operations, and reduce the manual efforts that go into the operations.
- It enables retail store owners to capture the information of the customers and save it for later to be used for advertising or marketing purposes.
- Helps retailers to control inventory and provide details in advance so they can keep extra stock in inventory and run the business without any hindrances.
- It also helps in reducing the waste of products and keep you updated if anything runs out of stock.
- The analytics and marketing features of the software help retailers to analyze the performance & results and plan advertising strategies.
- By using retail shop management software, you can run discount offers and campaigns that attract more customers. You can reward your customers for repetitive purchases without losing on the profit of the business.
List of Best Free and Open Source Retail POS Software For Every Shops
1. Paytm POS
Paytm POS is a smart retail solution that enables retailers and merchants to receive payments and scan QR codes instantly and accept payments in their bank account. It also has a printer, scanner and EMI features with complete payment and billing solution that allows instant invoice generation. This solution is the latest answer to all your POS requirements.
Features – Scanner, payment, billing & invoicing, etc.
JustBilling is one of the most popular billing software that lets you choose the free or professional version of the software for enhanced features. The app also offers multi-location aggregation and real-time visibility even from a remote location to retailers. The software has plenty of features including accounting, purchase, customer loyalty, etc.
Features – GST compliances, Digital Billing, Analytics & Reporting, Customer management, Offers & many more.
3. Vyapar App
Vyapar is a GST accounting app for businesses that can also generate invoices, billing, reporting payment collections. This app is simple and secure with both paid and free versions to be used by the business owners. The app helps manage the overall accounting and inventory remotely with the mobile app.
Features – Inventory, Accounting, GST bills & invoices, GSTR report generation, etc.
4. eRetail by MargERP
eRetail app or software is one of the best solutions for retail businesses and stores that enables them to place their order online, track the status of the orders, generate bills and manage supplies right in one place. It also allows them to prepare financial reporting and accounting within no time by reducing errors caused by manual efforts.
Features – Ordering, Ledger, Stock management, Dispatch, Payment, Supplier management & more.
This Shopify Point of Sale app enables retailers to receive the cash, receipt, payments, discounts, and manage transactions through your mobile phone. It includes the receipt printer, barcode scanner, credit card reader, and cash drawer to improve efficiency. You will be able to refund the payment with the app easily. It is, no, doubt, a true savior for retailers.
Features – Payments, Staff management, smart inventory, customer management, and more.
6. Tally Shoper 9
Tally Shoper 9 is the choice of most business owners owing to its multilingual feature and efficiency. It is also one of the easiest to operate software and automates your tasks so you can manage them effortlessly. The app is popularly known for its accounting features and proficiently performs great in other areas as well.
Features – Accounting, Budgeting, Billing, Multiple-currency, ledgers, and more.
This Ginesys software is one of the best retail POS software that you must adopt for your business growth. It has user-friendly features that modernized all your business tasks right from reporting to inventory and offers and schemes. This app is a one-stop solution for all your retail store needs.
Features – Analytics & reporting, Customer Management, Procurement, POS, distribution, and more.
8. Retail POS System by AADHK
Retail POS System is simple and easy to use software for small & medium retail businesses. This app is counted among the best POS that comes with full features to help businesses to manage their everyday tasks through the software.
9. Square – Retail Point of Sale by Square
The square app is the POS software for retail store owners that come with lots of features to reduce manual efforts and improve efficiency. This app lets you run your business through your mobile devices even when you are on the run and take advantage of the features to smoothly run your business online.
Features – Staff management, product details, Invoice, and tracking, receive real-time sales data, and send receipts, etc.
Revel comes with numerous POS features that help retailers to manage their day-to-day tasks with just one software. It has unique payment features such as split bills, bar tabs, and store credit, etc. The revel mobile app helps you easily operate the functionalities of business and turn you into a real fan.
Features – Inventory, customer loyalty, remote monitoring, invoicing & billing, and many others.
The Shopkeeper is a quick POS app that comes with powerful features and attractive functions that help businesses to run and manage their shop and stores efficiently. It has complete retail management functionalities that reduce your burden and streamline the workflow.
Features – Barcode scanner, Customer survey, touch screen interfaces, payments, and more.
The QuickBooks is the popular software that helps you manage account books, sales, purchases, finances, and other important retail business activities. It helps streamline the entire process of the business and manage your expenditure and profit in one place. If you are a small retail business looking for the best software for bookkeeping that does all other tasks as well, then this is for you.
Features – Reporting, Inventory, Sales tracking, Financial reports, GST ready invoices, and many others.
13. Lightspeed Retail
Lightspeed is one of the best retail apps that is an answer to all the queries of a retailer. One can manage both their physical and online store by maintaining sales, purchase, inventory, billing, etc. The wide functionalities and features of the app make it worth a try to take your business to the next level.
Features – Inventory, report & analytics, payments, customer management, multi-store management, and more.
The ShopKeep software lets you manage your business from anywhere with the extensive features and functionalities of the app. It is a complete POS solution with barcode scanning, profit margins, sales report, and many other things. The app is the right fit for any retail business and manages it effortlessly.
Features – Real-time reports, inventory, accounting, staff management, and labour tracking, etc.
15. Toast POS
Toast POS is basically the restaurant POS solution that has plenty of integrated features. It is core POS software and extremely easy to use that streamline the workflow and manage the inventory, sales, and staff conveniently. The app is user-friendly and has customizable features for your needs.
Features – Online ordering, Customer management, Inventory tracking, staff and activities tracking, etc.
Vend is one of the most impactful POS software that helps you connect your e-commerce store to the app and manage all of your business tasks. If you need to grow as a retail business then this app is the right fit for you. It helps you manage all the workflow while you are on the run.
Features – Payment, reporting, customer management, inventory management, customer loyalty, etc.
17. ITRetail Best Grocery POS
ITRetail POS app provides the latest features to manage stores online. It has the fast functionality and advanced features that keep you updated and your store ahead in the line online stores. You can manage your complete store with ease and perfection with this amazing retail POS software.
Features – Scanner, reporting, inventory, employee management, and time tracking, etc.
18. Marg ERP
Marg ERP is a software solution that has customizable features according to the needs of retailers & distributors in several industries. It offers different modules as per the requirement of the small or medium-size business and offers features like barcode scanner, reporting, inventory, and other.
Features – Inventory, Purchase order, Multi-currency, Accounts, financial management, etc.
eHopper pos software is another useful solution to manage retail stores and simplify their operations reducing manual efforts and saving time. It helps you save lots of time and energy on manual tasks and invest them in great customer service. It has some really exciting features that will revolutionize your business growth.
Features – POS, inventory, customer management, order management, split payments, and more.