Why do we need AI POS tools? Before that what is a POS Tool? POS Tools allow customers to place orders and reservations and pay bills electronically. It helps finish retail transactions between a business and a customer. It is a crucial component of modern businesses ranging from small local shops to large multinational retailers.
When coming to our first question, the main use of a POS Tool is to simplify the sales process, manage inventory, and enhance overall business efficiency. These tools have managed to evolve with the help of Artificial Intelligence.
What can an AI POS tool do?
Point of Sale Tools is not just a tool for processing transactions, it is a great solution that changes your business in a number of ways. It improves interactions with customers and contributes to the overall efficiency and success.
There are 2 parts to a POS. The Hardware and Software. The Hardware includes dedicated tablets, a barcode reader, and a computer with a printer. The Software includes an online store that reaches the products or business to a large audience. Windows is widely used as an operating system for large companies and Android and IOS are also preferred for small shops.
Also, some of the key features are:
- Employee management
- Reporting and analytics
- Multi-Store Management.
TOP 7 AI POS TOOLS
1. Square For Retail
Square-for-retail is an AI POS that connects every tool that keeps your business moving. It takes fast and secure payments with no hidden fees and tracks every sale from one reliable system. It helps in managing inventory and fulfillment in a customer directory, a free CRM tool is built into POS so you can track customer spending habits and save information they chose to share.
The important features are:
- It gives you alerts when it’s time to restock which means you always know what’s in stock.
- It counts inventory on the go using a counting tool and tracks or scans items using your phone.
- Offers in-store pickups and delivery.
- Transfer funds to your banks instantly with a 1.75% per transfer within 1-2 business days.
Pricing: Square For Retail is free to use but for more features, you can get one of the paid plans that start from $89/month. For more plans, check Square Pricing.
2. Shopify POS
Shopify POS is an AI POS TOOL that is used in E-commerce business. They sent the orders directly to the user’s address. It sticks a QR code on the package so that users can learn more about Shopify. You can transfer your products from one place to another easily. You can track your products. You will be notified about low stocks. AI comes into play in inventory management and order placings. You can check out using your phone or tablet anywhere anytime.
The features are:
- It accepts payments even when you are offline.
- You can store info on your orders done offline and online in one place.
- It gives reports about your finances, sales, payments, etc…
- You can add any number of members who will have access to the POS.
Pricing: It starts with a basic plan starting at $24/month.
For more pricing info, check Shopify pricing.
3. TouchBistro
TouchBistro is a restaurant POS system. AI manages the ordering capabilities and inventory management. It is very easy to use. It is fast and reliable. It minimizes order errors. It processes payments without any time. It boosts your profit margin with its built-in tools such as table management, reservation system, etc… This system speeds up your services. It leads to an efficient business for the user. It has every option that a restaurant can offer. It is an all-in-one restaurant-friendly POS.
The features are:
- It double-checks a customer’s order.
- It has table-side ordering.
- Provides gift cards and discounts.
- It has 24/7 customer support.
- It is a cloud-based POS. It can process all your payments in a single place.
Pricing: It starts with pricing ranging from $69/month.
For more pricing info, check TouchBistro Pricing.
4. Toast
Toast is a POS system mainly focused on restaurants. It uses AI for Menu improvement and inventory analysis. It provides video courses on using this POS. It helps in ordering food and generating payrolls. It can help you build a restaurant business from scratch. It is very reliable. We can accept payment even if there is no internet. It has 24/7 customer service to answer all your questions. It tracks your inventory by giving the status of the food products.
The features include:
- It includes features from generating orders to delivery.
- It tracks your order easily.
- It gives reports on sales, orders, and customer behaviors
- Offline mode for any mode of payment even without internet
- It also tracks your worker’s shifts and hours worked.
Pricing: The starter pack is free. The premium packs start from $69/month
For more pricing info, Check Toast pricing.
5. Lightspeed
Lightspeed is an AI POS Tool that helps the retailer to grow his business. It connects your online store and offline store in one place. It uses AI for customer management and reporting. It has faster checkouts. It is highly secured. It uses end-to-end encryption for every transaction. It was previously named Vend. It manages the inventory, sales, and customer info. The transaction to Lightspeed is very easy. You have experts to guide you through each step.
The features are:
- Allows you to sell both online and in stores.
- Also helps in restaurant services.
- Collects feedback and reviews.
- Manages your purchase orders.
- Process sales through barcode readers.
Pricing: The prices start from $119/month.
For more pricing info, visit Lightspeed pricing.
6. Bindo POS
Bindo POS is a POS solution for industries. It streamlines operations for businesses. It has over 300 features in total. It expands sales by many delivery channels using the Bindo unified system. It has a super fast API that helps you access data very quickly. It manages your guest’s seating. It is very easy to use and has a customizable register. It accepts both cash and cards. It manages all your stores at once. It tracks your employee’s work time. It manages your business without fail. It has 24/7 customer support.
The features are:
- It has all types of business services like theme parks, food stores, gift stores, etc…
- It boosts your sales and profit with Bindo POS.
- Controls your inventory for you.
- Supports offline and online payment methods.
- Gather details about the customer.
Pricing: Pricing info is not specified on the website
7. Revel Systems
Revel System is a cloud-based POS system. It uses AI to enhance retail experiences by tracking your inventory and managing your orders. This POS mainly aims at quick-service restaurants, table-service restaurants, and retail stores. It takes your feedback and improves according to it. It uses powerful management tools to help restaurants and retail stores for better experience and scale their business. It has more than 20,000 locations working for top brands. It has uninterrupted offline networks.
The features include:
- Controls the amount of offline transactions to reduce risks.
- Point-to-Point Encryption(P2PE) makes your data and payments safe and secure.
- Provides flexibility and discounts for your business.
- Manages and tracks your inventory.
Pricing: There is no pricing information provided.
TOP 7 AI POS TOOLS
Conclusion
AI POS tools are the best way to do your transactions for your business. It is fast and efficient. Always do your homework before choosing a POS of your choice. They use AI technologies for their smooth operations.
Other than transactions, these tools manage your inventory, and take customer reviews, improving based on feedback. It empowers your business and saves you a lot of time.
No matter how many stores you own, everything can be managed by a single POS. It gives your customer the best service and makes every one of them a VIP.
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