ERP Research Blog

Top 8 ERP with Point of Sale Systems (POS)

Written by ERP Research | Feb 21, 2023 5:26:27 PM

Businesses in the retail and hospitality industries often want to know which ERP & POS systems work well together and which ERP systems include inbuilt or integrated ERP POS systems. Integrated ERP & POS systems can reduce administration and increase the flow of data across your operation which can increase your productivity, revenue and more.

In this post, we'll explore which ERP systems have their own inbuilt or integrated POS systems and how they can help retailers and hospitality companies, as well as some of the key questions to consider and benefits of ERP & POS software.

ERP with POS

If you're looking for ERP systems with strong point of sale capabilities then check out some of our recommendations below:

Oracle NetSuite

NetSuite is a Cloud ERP system which includes end to end capabilities for retail and hospitality companies. These capabilities include financial management and accounting, CRM and sales, service, project management, inventory and human resources. NetSuite has also made several acquisitions to bolster it's capabilities over the years.

For point of sale (POS) capabilities, NetSuite has it's own integrated platform which is called NetSuite SuiteCommerce InStore. Using NetSuites integrated POS system provides strong integration with your ERP data and also minimizes the complexity of integrating with 3rd party POS platforms.

Read our full guide to NetSuite >>>

 

Acumatica

Acumatica is a robust ERP system which has grown in popularity. It is an integrated platform which includes features and modules such as accounting, sales, inventory management and more which are much needed by retailers and hospitality companies. 

For retail and hospitality companies, Acumatica also provides an integrated point of sale system (POS) including cash register reconcilliation, real time inventory, payment processing, receipt printer integration, rapid order entry and more.

Read our full guide to Acumatica >>>

 

SAP Business One

SAP is an ERP application powerhouse and provides several ERP systems. SAP Business One is an ERP system designed for small and medium sized businesses including those in the retail and hospitality space. SAP B1 provides overall features including inventory management, multicurrency and multientity support, as well as finance and accounting capabilities. 

SAP B1 also has it's own POS solution from SAP called SAP Customer Checkout. In addition SAP Business One has developed many integrations with popular 3rd party POS platforms, giving their customers plenty of choice when it comes to POS systems and capabilities.

Read our full guide to SAP Business One >>>

 

Sage X3

Sage X3 is an enterprise resource planning system by Sage Group. It provides features including financial management, accounting, manufacturing, inventory and more.Sage X3 is used by companies in industries such as retail and hospitality too and it integrates with multiple POS systems.

Read our full guide to Sage X3 >>>

 

SYSPRO

SYSPRO is a comprehensive Enterprise Resource Planning (ERP) system that is well-suited for retail and hospitality companies. It provides end-to-end management of all aspects of a company's operations, including inventory, sales, purchasing, finance, and production. The system is highly configurable, allowing it to adapt to the specific needs of each company. For retail companies, SYSPRO enables efficient management of inventory and supply chain, while also supporting customer relationship management and e-commerce. For hospitality companies, it facilitates streamlined operations management, including point of sale and reservation management.

SYSPRO also has it's own POS system called SYSPRO POS.

Read our full SYSPRO Guide >>>

 

Epicor

Epicor Kinetic ERP is an enterprise resource planning software solution that is designed to meet the unique needs of retail and hospitality companies. Its robust functionality allows businesses to streamline their operations, improve their efficiency, and increase their profitability. Epicor Kinetic ERP includes modules that are specifically tailored to the needs of these industries, such as inventory management, supply chain management, customer relationship management, and financial management. The software is highly customizable, making it easy for businesses to tailor it to their specific needs. With its user-friendly interface and powerful reporting tools, Epicor Kinetic ERP is an excellent choice for businesses in the retail and hospitality sectors looking to optimize their operations and drive growth.

Read our full guide to Epicor >>>


Microsoft Dynamics 365

Microsoft Dynamics 365 is an ERP system used by many retailers and hospitality companies and comes in two flavours for small and medium sized businesses and large enterprises. Dynamics also has complementary solutions such as sales, service, projects and more but also benefits from integrating with the Microsoft Office suite including Teams. 

Dynamics integrates with several 3rd party point of sale (POS) systems but Microsoft also has its own POS system called Microsoft Dynamics Point of Sales (POS). Microsofts POS system covers channel management, store operations, business intelligence and more.

Read our full Microsoft Dynamics 365 Guide >>>

 

ERP & POS Benefits

Selecting an ERP system with an inbuilt or integrated POS has many benefits for retailers and hospitality companies. These benefits can include:

  • Business Intelligence, Analytics and Reporting - integrating your ERP and POS allows you to easily pass data between systems, enabling you to easily report on information such as average revenue per customer, cashflow and more. 

  • Inventory Management - it's key to know what you're selling in order to more effectively manage your inventory levels. Without any integration between your POS and ERP system, you can't update your inventory levels in real time. This becomes even more complex if you have multiple sales channels such as ecommerce. 

  • Customer Experience - many ERP & POS integration scenarios enable you to centralize customer data including purchase history, loyalty programmes, marketing campaigns and more into one location. This can create personalized physical and digital customer experiences.

  • Real Time Sales & Finance Data - integrating enterprise resource planning and point of sales systems provides your decision makers with real time sales and finance data which they can use for decision making in the moment. Integrating these platforms allows your business to be more agile and responsive to changing demands and problems.

Integrating ERP & POS Systems

There can be a significant return on investment from integrating ERP & point of sale systems as we've explored above. 

Integrating your ERP and POS system typically includes:

  • Sales data
  • Product data
  • Inventory levels
  • Previous purchase history
  • Payment data
  • Loyalty data 

Is POS an ERP System?

A point of sale system is not an ERP system, but a complementary system responsible for capturing in person, physical and over the counter sales and collecting and processing payments via cash or credit cards. POS systems are essential for retailers, hospitality companies and over the counter B2B trade companies. 

On the other hand, an ERP system is responsible for centralizing financial management and accounting, inventory, sales, manufacturing, project management and much more. By doing this, an organization can easily report on its business data and automate key processes.