CPA Practice Advisor - 8

REVIEW: POINT-OF-SALE SYSTEMS

By Mary Girsch-Bock

Streamlining the Sales Process

by Mary Girsch-Bock

ACCUPOS
ADDSUM
CELERANT STRATUS
COUGAR MOUNTAIN DENALI
CUMULUS RETAIL
KEYSTROKE
QUICKBOOKS
VEND

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*ANDROID ONLY
**AVAILABLE AS AN ADD-ON

8

JULY 2019 ■

www.CPAPracticeAdvisor.com

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IN T
H A R EGR AT IO
D WA
N
RE WITH
POS
IN T E
G
R
SHIP AT IO
PING N W
V EN IT H
DOR
S
IN T E
G
E-CO R AT IO
MME N W
RC E I T H
EXT
AVA ENDED
IL A B HEL
P
LE

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Mary Girsch-Bock is a freelance writer
specializing in business and technology
issues and is the author of her first book,
several HR handbooks, training manuals,
and other in-house publications. She can
be reached at mary.girschbock@cpapracticeadvisor.com

YA LT

Y CA
RDS
IN V E
N
M A N TO R Y
AG E
MEN
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SAL
REP ES & IN
ORT
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I N G E N TO R
Y

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We also looked at a few
specialty apps that offer basic functions for invoicing and time tracking.
While the retail industry continues its evolution, point of sale applications will likely respond with changes
of their own. Will 2019 be the year you
finally retire your cash register and
move to a point of sale system? You
won't be sorry. ■

& LO

I can't tell you how many stores and
restaurants I've been in, watching,
as staff scramble to access product
support personnel when their POS
system goes down. I've seen customers turned away at the door. I've seen

K ING

SUPPORT

GIF T

effectively to repeat customers, track
customer sales history, and if selling
online, integrate with a shopping cart
platform.
To their credit, point of sale
vendors have responded admirably,
adding numerous features to their
product each year, as the retail industry has continued to shift, particularly
in favor of online sales. But there's
another component that may perhaps
be the most important of all.

ONL
AC C I N E / MO
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IT Y
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CA P MIZ A
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P RO EDI T ED
CES
S CHECKOU T
SUP
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ISTE MUL
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OC A E
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MUL
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T R A T IPL E
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Today's point of sale systems
have evolved immensely from those
original cash registers, with touch
screen monitors, scanning devices,
and the ability to seamlessly accept
debit and credit card anywhere now
the norm. And as retailers continue
to face immense competition, it's
important that they make the sales
process as streamlined as possible.
Whether retailers run a small
shop out of their home or own a
large retail business with multiple
locations, the following features and
functions are necessary:
■ The ability to process sales quickly
■ The availability of a back-up system
■ The ability to manage inventory in
conjunction with a POS system
■ The ability to process refunds and
credits quickly
■ The ability to create accurate sales
and product reports
But that's not all. Many
retailers also want to track their
customers effectively, market

R AC

it a lot harder for employees to steal from the till.

ER T

finally get a literal handle on cash flow, while also making

TO M

sale system, the cash register allowed business owners to

ING

westerns and antiques stores today. As the first point of

A NN

brass-encased cash register, a variety only found in old

CUS

silver and gold plate, though the most elegant was the

E SC

cash register was typically made out of cast-iron, wood,

C OD

for inventing the cash register. Over the next 50 years, the

doors locked at retail establishments during key sales times
because their POS system
is down. I've seen restaurants give away free meals
to customers because they
can't print their tickets. A
retailer has to ensure that
good customer service is
available when needed.
Of course, point of sale
systems vary in features
and functionality, with
some well suited for small
retailers, while others are designed for
large retail businesses with multiple
locations. Online sellers have their
own set of requirements when looking
for a point of sale application. Pricing
is also a factor, with smaller businesses with limited budgets looking
for a more affordable application.
The products reviewed in this
issue vary in size and scope as well.
They include:
■ AccuPOS
■ AddSum Advanced
■ Celerant Stratus
■ Cougar Mountain Denali Point of Sale
■ Cumulus Retail
■ Keystroke Advanced POS
■ QuickBooks POS
■ Vend

BAR

IN 1883, A saloon owner in Dayton, Ohio, received a patent

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CPA Practice Advisor

Table of Contents for the Digital Edition of CPA Practice Advisor

From the Editor: It's Time to Take a New Look at Your Tax Practice
Financial Planning - How to Extend Your Firm with Personal Financial Planning
From the Trenches: Do Your Best Small Business Accounting
Point-of-Sale Systems
Apps We Love: DIY/Construction/Home Repair
The Proadvisor Spotlight: Summing it up at Scaling New Heights: 35 years of Intuit Innovation
Small Business Accounting Programs
A Year in the Life of a Payroll Accountant: Is Paid Family Leave Taxable?
How will AI and Automation Change Workers' Jobs?
5 Marketing Tips to Attract Construction Clients
Transform Your Thinking on Serving the Construction Industry
The 21st Century Accountant: How Robotic Process Automation Tools Work
The Millennial Advisor: Remote Work: It's Time
The Leadership Advisor: Innovation for Small Firms on a Budget
The Staffing & HR Advisor: Successful Succession: 7 Tips for Getting There
3 Tips to Organize and Strengthen Your Client Relationships this Summer
AICPA News
Lean Six Sigma Advisor: 5 Ways to Maintain a Positive Attitude for Change
What Millennials Want: How to Woo the Modern Workforce
Bridging the Gap: Leveraging the Four Cs to Automation and Advisory
CPA Practice Advisor - 1
CPA Practice Advisor - 2
CPA Practice Advisor - From the Editor: It's Time to Take a New Look at Your Tax Practice
CPA Practice Advisor - Financial Planning - How to Extend Your Firm with Personal Financial Planning
CPA Practice Advisor - 5
CPA Practice Advisor - From the Trenches: Do Your Best Small Business Accounting
CPA Practice Advisor - 7
CPA Practice Advisor - Point-of-Sale Systems
CPA Practice Advisor - 9
CPA Practice Advisor - 10
CPA Practice Advisor - 11
CPA Practice Advisor - Apps We Love: DIY/Construction/Home Repair
CPA Practice Advisor - The Proadvisor Spotlight: Summing it up at Scaling New Heights: 35 years of Intuit Innovation
CPA Practice Advisor - Small Business Accounting Programs
CPA Practice Advisor - 15
CPA Practice Advisor - 16
CPA Practice Advisor - 17
CPA Practice Advisor - A Year in the Life of a Payroll Accountant: Is Paid Family Leave Taxable?
CPA Practice Advisor - How will AI and Automation Change Workers' Jobs?
CPA Practice Advisor - Transform Your Thinking on Serving the Construction Industry
CPA Practice Advisor - 21
CPA Practice Advisor - The 21st Century Accountant: How Robotic Process Automation Tools Work
CPA Practice Advisor - The Millennial Advisor: Remote Work: It's Time
CPA Practice Advisor - The Leadership Advisor: Innovation for Small Firms on a Budget
CPA Practice Advisor - The Staffing & HR Advisor: Successful Succession: 7 Tips for Getting There
CPA Practice Advisor - 3 Tips to Organize and Strengthen Your Client Relationships this Summer
CPA Practice Advisor - AICPA News
CPA Practice Advisor - Lean Six Sigma Advisor: 5 Ways to Maintain a Positive Attitude for Change
CPA Practice Advisor - What Millennials Want: How to Woo the Modern Workforce
CPA Practice Advisor - Bridging the Gap: Leveraging the Four Cs to Automation and Advisory
CPA Practice Advisor - 31
CPA Practice Advisor - 32
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https://www.nxtbook.com/endeavor/cpapracticeadvisor/october2020
https://www.nxtbook.com/endeavor/cpapracticeadvisor/september2020
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https://www.nxtbook.com/endeavor/cpapracticeadvisor/february2020
https://www.nxtbook.com/endeavor/cpapracticeadvisor/december2019
https://www.nxtbook.com/endeavor/cpapracticeadvisor/november2019
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https://www.nxtbook.com/endeavor/cpapracticeadvisor/september2019
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https://www.nxtbook.com/endeavor/cpapracticeadvisor/june2019
https://www.nxtbook.com/endeavor/cpapracticeadvisor/may2019
https://www.nxtbook.com/endeavor/cpapracticeadvisor/april2019
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