The Top Retail PoS Software for India in 2024

July 2, 2024
Digital Transformation
Retail Operations

If you do build a great experience, customers tell each other about that. Word of mouth is very powerful.

Jeff Bezos

India's retail industry is changing quickly, and companies are always trying to improve customer experiences and increase productivity. Retail Point-of-sale (POS) software are central to this effort. Modern retail POS software greatly enhance inventory management, sales handling, and analytical data production.

Including CRM features in retail POS software also enables bespoke marketing and promotes customer loyalty. Apart from reducing manual effort and errors, a good retail point-of-sale (POS) software enhances the client experience.

This article outlines the top six retail point of sale (POS) software for India for various store types, along with their features and benefits. Read on!

Top 6 Retail PoS Software for India

Here are the top six retail PoS software solutions for businesses in India, each with unique features and benefits that cater to different store types and business needs:

1.  Invoay POS

Source: Invoay

Specifically designed for the Indian retail sector, Invoay POS offers a comprehensive toolkit for inventory management, sales tracking, and customer engagement.

Key Features

  • Inventory Management: Automated stock tracking and reordering through inventory management guarantee the best possible stock levels.
  • Customer Management: offers solutions for insights into customers, loyalty programs, and individualized marketing.
  • Tracking Sales in Real Time: Produces comprehensive data to help with decision-making.
  • Easy-to-Use Interface: Staff adoption is made simple by intuitive design.
  • Scalability: Changes with the expansion and requirements of companies.

Pros

  • Reasonably priced with features particular to the sector.
  • Simplified processes increase productivity.

Cons

  • Limited features for bigger multiunit retail enterprises.

Invoay is perfect for small to medium-sized retail companies looking for a feature-rich, reasonably priced point-of-sale software. Pricing begins from ₹14,391 per year, as of June 2024.

2.  MARG ERP

Source: MARG ERP

MARG ERP is a powerful retail point-of-sale management software. It serves supermarkets and pharmacies, among other retail industries.

Key Features

  • Billing and Invoicing: A full range of GST-ready billing and invoicing functions are available.
  • Inventory Management: Cutting-edge tools for monitoring and controlling inventories.
  • GST Compliance: Guarantees the following of GST rules.
  • Sector Versatility: Appropriate for a variety of retail settings.

Pros

  • The whole range of features meets every need in store management.
  • Good support and performance.

Cons

  • Small businesses without specialized IT personnel may find it difficult to use.

Reviews

  • G2: 4.2/5 (3 reviews)

Marg is best suited for medium-sized to large retail businesses needing strong performance and extensive features. Pricing begins from ₹8,991 per year, as of June 2024.

3.  Gofrugal

Source: Gofrugal

Gofrugal provides end-to-end solutions through its cloud-based or on-premise retail POS management software.

Key Features

  • Cloud-Based Accessibility: The system's anywhere access enables remote administration.
  • Inventory Management: Detailed stock control updated in real time.
  • CRM: Customer Relation Management software improves client loyalty and involvement.
  • Analytics: Provides strategic judgments based on company insights.

Pros

  • Reports that are accurate and current improve operational effectiveness.
  • There are many integration and payment choices.
  • On-premise option available.

Cons

  • Restricted application of other software.

Ratings and Reviews

  • G2: 4.3/5 (2 reviews)

Gofrugal is best suited for companies looking for a cloud-based solution that includes CRM and extensive inventory capabilities. Pricing begins from ₹7,000 per year per store, as of June 2024.

4.  FusionRetail

Source: FusionRetail

With its feature-rich POS system that incorporates billing, inventory control, and customer loyalty programs, FusionRetail can meet the storied requirements of Indian retail companies.

Key Features

  • Invoicing and Billing: Effective and GST-compliant billing solutions.
  • Inventory Management: Cutting-edge stock tracking and management technologies.
  • Customer Loyalty Programs: Provides incentives for attracting and keeping clients.
  • Analytics: A comprehensive study of performance indicators and sales.

Pros

  • The product is better for large Indian retail enterprises.
  • Improved retention of customers with extensive CRM and loyalty features.

Cons

  • Priced higher than that of several rivals.
  • Offline installation and activation instead of a seamless SaaS experiences.

Ratings and Reviews

  • G2: 3/5 (1 review)

FusionRetail is appropriate for enterprise retail companies seeking a scalable and feature-rich point-of-sale system. Pricing begins from $899 per store, as of June 2024.

5.  Ginesys

Source: Ginesys

With so many features—from inventory management to billing and flexible promotions—Ginesys is a point-of-sale system that offers omnichannel integration for flexible online and offline channel implementations.

Key Features

  • Omnichannel Integration: Smoothly integrates online and offline sales channels.
  • Inventory Management: Provides stock control and inventory adjustments.
  • Flexibility: This can be used on any web browser, like Chrome and Safari.
  • Integration with e-Payment: It integrates different payment methods like UPI, Paytm, PhonePe, and more.
  • Promotions: Supports the scheduling of promotions for different stores.

Pros

  • It can be used with most devices and browsers.
  • It provides extensive omnichannel support.

Cons

  • It has a higher learning curve for smaller businesses.

Ginesys is designed with the needs of medium to large-sized retail businesses in mind. It is a good software for those seeking a retail PoS software with omnichannel capabilities.

6.  myBillBook

Source: myBillBook

myBillBook is one of the highest-rated retail POS software in India. It is perfect for small and medium-sized enterprises because of its invoicing, GST billing, accounting, and inventory management features.

Key Features

  • Billing Management: All the characteristics of invoicing and billing.
  • Inventory Control: Provides an interface for stock tracking and management.
  • Sales Reporting: Offers an exhaustive examination of sales statistics.
  • GST Compliance: Guarantees easy GST filing and management.

Pros

  • The design is easy to use and understand.
  • Affordable for small businesses and single stores.

Cons

  • Limited features for enterprises that need more robust, custom solutions.

myBillBook is ideal for small companies and new retail businesses seeking an affordable point-of-sale system with the necessary functionality. Pricing begins from Rs 2,599 per year, as of June 2024.

Conclusion

Each of the six retail POS software on this list should suit most requirements. Pick the one that offers the capabilities and features you need. Sometimes, price may not be the only criteria, especially in a competitive market where your retail software could well be the differentiator.

Remember, a PoS is not sufficient to manage all your store operations. So, while selecting the right retail PoS software, find out whether it offers open APIIs to integrate with other software.

Hubler's Retail Operations Software can integrate with most retail PoS software and enhance your store operations.

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