Why use a POS System?
Operating a retail store requires certain administrative, management and marketing skills.
From ensuring that there is enough inventory to putting together monthly sales reports, these skills ensure smooth business operations.
Having a point of sale (POS) system can go a long way in ensuring that all your operations are running smoothly.
What is the Point of a Point of Sale (POS) System?
A point of sale system, or POS, is the place where your customer makes a payment for products or services at your store.
Every time a customer makes a purchase at your store, they are completing a point of sale transaction.
The POS serves as the central component for your business; it is the hub where everything—like sales, inventory, and customer management—merges.
As apparent as the benefits of a POS system are, it has been reported that 56 percent of single-store retailers are still not using one.
Instead, the reports state, many are still using a combination of manual methods, cash registers, QuickBooks, and Excel for bookkeeping.
So why have retailers not taken that step to POS yet?
To begin with, implementing new technology—especially technology that is central to your business process—can be intimidating and daunting.
Retailers need to consider the negative effects of not installing a POS System to streamline business operations.
Understanding what a POS system is—its software and hardware components, its capacities—will enable you to make an enlightened procurement decision.
POS Systems Provider |
Novitee |
Specialty | Novitee offers innovative, cutting-edge F&B IT solutions – a team of technology gurus that develops holistic IT innovations by integrating Omni-Channel marketing in the creative process. They believe that the Value of a company lies not in its solutions offered, but in its deep understanding of its customers and their needs. Services: Point of Sales system, eMenu, website, customer relationship management, purchasing and inventory |
Pricing | Request a quotation: [email protected] |
Website | https://novitee.com/ |
Address | 28 Tai Seng Street Sakae Building #04-06A Singapore 534106 |
Telephone | +65 9388 9579 |
Operating Hours | 9 am to 6 pm |
POS Systems Provider |
Qashier |
Specialty | Your all-in-one device for managing operations, payments and more. Qashier comes with specialised POS software for F&B, Beauty, Retail & Service businesses. Designed to be the easiest POS to use, you can setup and start selling in just minutes. Take orders, accept payments, print receipts, track your sales from Qashier. Services: POS System, retail, food and beverage, beauty, sales operations management |
Pricing | Request a quotation: [email protected] |
Website | https://qashier.com/ |
Address | 37 Jalan Pemimpin, #05-07 Singapore 577177 |
Telephone | +65-6962 2502 |
Operating Hours | 9 am to 6.30pm |
POS System Provider |
Moiboo |
Specialty | Moiboo is a POS Software which can automate your business end-to-end. Their POS Software is ideal for Jewellers, Supermarkets, Textile stores and Cafe. By buying Moiboo POS Software for small business, you will be able to run your entire business with one software and increasing operations efficiencies by over 72%. Services: POS System, Accounting, Inventory, GST, Multi-branch |
Pricing | Request a quotation: [email protected] |
Website | https://www.moiboo.com/ |
Address | 600 Sin Ming Avenue Singapore 575733 |
Telephone | +65 9895 1817 |
Operating Hours | 10 am to 7 pm |
POS Systems Provider |
Million Software |
Specialty | Million POS System produces accurate cash sales transactions which will be linked back to accounting and stock module for real time posting of stock and accounting transactions. Hence GST charged in daily cash sales will be real time posted into Accounting and ready for GST Submission, with touch screen cashier. Services: Retail POS system, Food and beverage POS system, accounts, inventory, payroll |
Pricing | Request a quotation: [email protected] |
Website | https://www.million.sg/ |
Address | 18, Boon Lay Way Tradehub21 #05-100 Singapore 609966 |
Telephone | +65-64680054 |
Operating Hours | 9 am to 6 pm |
POS System Provider |
Epos |
Specialty | Their retail POS system is the perfect technological solution using data driven design to increase your retail store sales and efficiency. Check on your store’s daily performance through auto generated graphs based on your sales data. Easily sort your inventory, stocks. Access real time data and manage your business easily. Services: Retail POS system, F & B POS system, Minimart POS system, POS software, inventory, and accounting |
Pricing | Request a quotation: [email protected] |
Website | https://www.epos.com.sg/ |
Address | 2 Leng Kee Road, #02-07 Thye Hong Centre Singapore 159086 |
Telephone | +65-6871 8833 |
Operating Hours | 9 am to 7 pm |
POS System Provider |
Weebo |
Specialty | Weebo Pte Ltd is a Singapore based start-up Point-of-Sale (POS) company established in 2013. Weebo is now managed by a young team with the vision of servicing Small-Medium Enterprise and Sole Proprietorships as a POS provider that provides truly enterprising solutions. Their cloud-based POS solutions let business owners monitor sales. Services: POS Terminal, Multi-Acceptance payment terminal, kitchen display system, Retail POS system, Food, and beverage POS system |
Pricing | Request a quotation: [email protected] |
Website | https://www.weebo.com.sg/ |
Address | 63 Ubi Road 1 #02-45 Oxley Bizhub Singapore 408728 |
Telephone |
+65 6850 5177
|
Operating Hours | 9.30am to 6.30pm (Mon-Thu) 9.30am to 5.30pm (Fri) |
POS System Provider |
Megapos |
Specialty | MEGAPOS POS system is the best touch screen POS system for your restaurant operations. Whether it is complex kitchen docket printing, digital ordering, table management etc, MEGAPOS restaurant POS system can cater to all your restaurant operation and ordering needs, boosting ordering and operation efficiency, with stylish, robust POS systems.
Services: Restaurant POS System, Retail POS System, Spa and Beauty POS system, iPad POS system, QSR POS system |
Pricing | Request a quotation: [email protected] |
Website | https://www.megapos.com.sg/ |
Address | 160 Robinson Road, SBF Center, #26-02 Singapore 068914 |
Telephone | (+65) 6224 5788 |
Operating Hours | 9 am to 6.30 pm |
POS System Provider |
HashMicro |
Specialty | A leading ERP solution provider, they recognize the importance of enterprises’ productivity and efficiency. An automated solution that supports businesses’ recurring tasks will encourage their greatest potential to compete globally. That is why, in 2015, they took the opportunity to set up a cloud-based system that automates end-to-end business operations. Services: POS general, POS retail, POS restaurant, inventory, e-Menu |
Pricing | Request a quotation: [email protected] |
Website | https://www.hashmicro.com/ |
Address | Blk 67 Ubi Road 1, #05-15 Oxley Bizhub Singapore 408730 |
Telephone | +65-6602-8002 |
Operating Hours | 9 am to 6 pm |
POS System Provider |
EISOL |
Specialty | EISOL is one of the leading Singapore POS System vendors and cloud integrators specializing in SaaS platform, mainly POS systems. They are country partners for global well-known retail and hospitality solutions such as Vend, Eats365, Timely and more. EISOL understands the power of integration and built their software development team. Services: Retail POS system, F&B POS system, Salon & Spa POS system, Snapify app, Reeward app |
Pricing | Request a quotation: [email protected] |
Website | https://www.eisol.net/ |
Address | 10 Anson Road, International Plaza #02-71 Singapore 079903 |
Telephone | +65-6681 6538 |
Operating Hours | 9 am to 8 pm |
POS System Provider |
Edgeworks Solutions |
Specialty | Edgeworks enhanced POS Solutions offer a comprehensive range of features to help you achieve your business goals. Streamline your operational processes to reduce costs, manage multiple outlets on-the-go, offer discounts to your members to increase sales revenue or integrate with your existing ERP System with their efficient, streamlined POS solutions. Services: Retail POS systems, beauty POS systems, F&B POS systems, wholesale management system, mobile POS system |
Pricing | Request a quotation: [email protected] |
Website | https://www.edgeworks.com.sg/ |
Address | 2, Kallang Avenue, #08-10, CT Hub, Singapore 339407 |
Telephone | +65 6750 4498 |
Operating Hours | 10 am to 7 pm |
POS System Provider |
Sapaad |
Specialty | From small cafes to multi-chain restaurants, Sapaad works well whatever your size. Sapaad is designed to work for walk-in, dine-in, take-away, home delivery, online orders. From sign-up to taking orders, you will be up and running in minutes. Sapaad provides a phenomenal user experience, you can focus on running business. Services: POS system, Inventory management, home delivery management, integrated online ordering, food ordering platform integration |
Pricing | Pricing: Request a quotation: [email protected] |
Website | https://www.sapaad.com/ |
Address | 101 Cecil St, #19-01 Tong Eng Building, Singapore 069533 |
Telephone | +65-6224 0777 |
Operating Hours | 10 am to 7 pm |
POS System Provider |
Bindo POS |
Specialty | Bindo Marketplace is Singapore’s first online hyperlocal retail marketplace. Bindo Marketplace lets you leverage their network of 1,000,000 consumers, allowing consumers to find your store. They get to buy directly from you, online and through a mobile app, and they will even handle the delivery for you at low cost. Services: POS equipment, iPad Air and stand, barcode and label printer, mobile credit card reader, receipt printer |
Pricing | Request a quotation: [email protected] |
Website | https://bindopos.com/sg |
Address | #06-76 Midview City 22 Sin Ming Lane Singapore 573969 |
Telephone | +65-3163-0010 |
Operating Hours | 8 am to 6 pm |
POS System Provider |
EPoint Systems |
Specialty | EPoint Systems provides small & medium-sized retailers with retail chain process planning solutions. They also provide consulting services by helping companies recognize opportunities for using technology to streamline their business processes. ES software products consist of complete solutions for retailers in various sectors, Food & Beverage, Merchandising, Membership Clubs etc. Services: POS system, invoicing system, inventory control system, recipe costing system, ENT/ OC billing system |
Pricing | Request a quotation: [email protected] |
Website | http://epoint.com.sg/ |
Address | 8 Boon Lay Way #02-09, TradeHub21 Singapore 609964 |
Telephone | +65 6100 6300 |
Operating Hours | 9 am to 6 pm |
POS System Provider |
Equip |
Specialty | EQUIP POS Software helps you streamline your selling process, enabling you to access all your stores from anywhere, automatically sync your products along with the prices across stores, look up all your items and transaction history, keep track of your customers, payments, sales and more in just a few clicks. Services: POS system, inventory system, asset fleet management, purchasing system, barcoding system |
Pricing | Request a quotation: [email protected] |
Website | https://www.equiperp.com/pos |
Address | Blk 65 Ubi Road 1, #04-28 Oxley Bizhub, Singapore 408729 |
Telephone | +65 6602 8002 |
Operating Hours | 9.30 am to 6.30 pm |
POS System Provider |
FoodZaps |
Specialty | Save up to 80% as FoodZaps is simple to use! Flexible Android hardware with no server in shop. FoodZaps is Singapore’s only company with Patented Technology. You do not have to worry about no or poor internet connection. It can work without internet for a week, providing data analytics, self-ordering. Services: E-waiter, Desktop POS with printer, Tablet POS with printer, mobile handheld POS with printer, multi-functional POS |
Pricing | Request a quotation: [email protected] |
Website | https://www.foodzaps.com/ |
Address | 71 Ayer Rajah Crescent, #04-01, Singapore 139951 |
Telephone | +65- 9160 6815 |
Operating Hours | 9.30 am to 6.30 pm |
POS System Provider |
Oracle Singapore |
Specialty | Meet the next generation of robust, secure restaurant POS systems from Oracle MICROS. Run efficient online ordering, curb side pickup, and delivery. Expand your menu options through cloud kitchens and virtual brands. Connect your front of house, kitchen, and back-office operations with the industry’s most secure cloud point of sale. Services: POS system, online ordering, curb side pickup, delivery, Restaurant POS hardware |
Pricing | Request a quotation: [email protected] |
Website | https://www.oracle.com/ |
Address | 1 Fusionopolis Place, Level 12, Galaxis Singapore 138522 |
Telephone | 1800 672 2531 |
Operating Hours | 8.30 am to 7 pm |
POS System Provider |
eats365 |
Specialty | Their POS solution for Singapore focuses on three areas: easy business management, increasing staff productivity, improving customer service. They believe these pillars tackle many of the biggest issues faced by Singaporean F&B businesses today. Integrating with third-party companies allows Eats365 to work with the best solution providers to optimize service. Services: POS system, self-order solutions, queue ticket kiosk, customer-facing display, user app |
Pricing | Request a quotation: [email protected] |
Website | https://www.eats365pos.com/ |
Address | 16 Raffles Quay, #33-03, Singapore 048581 |
Telephone | +65- 3159 3830 |
Operating Hours | 9.30 am to 6.30 pm |
POS System Provider |
Suntoyo |
Specialty | Suntoyo mainly deals with Cash registers and Touch screen-based point of sales machines. POS machines are coming with quality software and optional peripherals such as Cash drawers, Printers, Barcode scanners, Biometric security devices etc. The system supports business operations like Purchase & Invoice, Inventory Control, Sales Analysis, Price Setting etc.
Services: POS system, retail management system, self-ordering automation, web ordering, business intelligence reports |
Pricing | Request a quotation: [email protected] |
Website | https://www.suntoyo.com.sg/ |
Address | Blk 4012 Ang Mo Kio Ave 10 Singapore (569628) #05-05/ 06-05 |
Telephone | +(65) 6553 3855 |
Operating Hours | 8.30 am to 6 pm |
POS System Provider |
Octopus |
Specialty | Octopus offers a complete suite of retail management solutions from the Point of Sales (POS) to the back-of-house inventory to customer relationship management and eCommerce. Low starting price. Hassle-free setup to get your business up instantly. Online support. Robust, scalable, and regularly updated software prepares your business for future expansion. Services: Retail POS, Food POS, E-commerce, Self-service kiosk, queue management system |
Pricing | Request a quotation: [email protected] |
Website | https://octopuspos.com/ |
Address | 19 Kim Keat Road #04-07 Singapore 328804 |
Telephone | +65 6221 6601 |
Operating Hours | 9 am to 6 pm |
POS System Provider |
Bevootech |
Specialty | They are business software experts with extensive experience across traditional and modern business software. They help organizations improve by leveraging the power of CRM solutions and customised business software. Get a POS system package including hardware and software with 80% grant with PSG pre-approved solution provider Edgeworks Solutions Pte Ltd. Services: Retail POS, F&B POS, beauty POS, wholesale POS, POS system |
Pricing | Request a quotation: [email protected] |
Website | https://bevootech.com/ |
Address | 35 Kallang Pudding Road, #07-14, Singapore 349314 |
Telephone | +65 8687 8143 |
Operating Hours | 9 am to 6 pm |
Software Components of a POS System
Every POS system comprises of software and hardware components that make running the daily operations of your business easier and faster.
It is important to understand what POS software options there are and what each have to offer.
Hardware Components of a POS System
These are the common physical components required to get your POS up and running.
Monitor/tablet: Displays the product database and enables other functions, such as employee clock-in and viewing sales reports.
Tablets—especially iPads—are popular for replacing bulkier monitors.
Barcode scanner: Automates the checkout process. Scanning barcodes pulls product info and adds it to the checkout total.
Barcode scanners can also integrate with inventory management systems to automatically adjust stock levels.
Credit card reader: Since the EMV payment standard went live in 2015, secure and EMV-compliant credit card readers are a must-have. Non-compliant retailers face potentially huge losses on account of fraud liability.
Receipt printer: Email and text receipts may be gaining popularity, but paper receipts remain essential for providing customers with a quick snapshot of their purchase or returns.
Cash drawer: It may fade away in years to come, but cash is still king.
Until then, you will need a secure place to store cash for transactions.
Another benefit of cash: there are no associated credit card fees.
Key Features of a POS System: What to Seek and Discern When Buying
Many tasks in a retail store can be overly mechanical, tiring, and squander resources.
With the right POS system, retailers can streamline important daily business operations with improved efficiency.
An analysis with POS software buyers identified key features that retailers and restaurants single out when selecting a POS system:
Sales Reporting: On the surface, most POS systems enable you to look at your sales. The difference lies in how those numbers are presented, the ease at which data can be accessed and how much detail you get.
Your POS system should essentially be able to:
Generate detailed sales reports (based on product, hour, employee, total cost of items sold, total retail amount, net profit, profit percentage, gross margin)
Provide quick snapshots and charts on your store’s sales performance
Inventory Management: One of the most important functions of a POS system, inventory management, at its very essence, keeps track of all products so you know when it is time to order/or not order specific products.
Your POS system should enable you to:
Scan and count products digitally
Manage your stock by creating product variations (size, color)
Identify pieces of inventory with a unique serial number
Track inventory levels across multiple locations
Enable seamless ordering such as automatically setting custom reorders of best-sellers
Consolidating purchases and orders in one order
Customer Management: Building strong relationships with your customers will lead to repeat business. A POS should have customer relationship management (CRM) to track all customer data.
Your POS system should give you the ability to:
Attach a sale/transaction to a customer
Keep track of your customers’ purchase history
Capture customer information such as name, age, birthday, phone number and email address
Use email marketing to keep in touch with them
More advanced systems will have a built-in loyalty program
Employee Reporting and Management: The performance of your employees can make or break the success of your store. Having the ability to set sales targets as well as know who your top performers are and who requires extra coaching will help increase sales.
Your POS system should give you the ability to:
Add employees to your system
Create and modify schedules for employees based on forecasted activity
Email schedules to employees
Track employees’ hours weekly and over time
Analyse who your top performers are
POS Systems in Singapore
In 2020, almost every department store throughout Singapore malls already use a retail POS system at their cashier counters.
Not only department stores, but restaurants, drug stores, beauty shops, and even coffee shops have begun using a retail POS system to facilitate the transaction processes.
Many business owners have begun to realize the reason why it is crucial to speed up the transaction process and increase the precision, exact registration of all transaction records.
Sample costs of POS Systems in Singapore
Hardware per outlet can range from $10,000 to $30,000 depending on your needs i.e. automated kiosks.
Furthermore, cloud-based POS systems have subscription fees ranging from $500 to $3000 per month.
Trustworthy cashiers are usually difficult to hire.
They may also pilfer and embezzle earnings.
Consider using automated cashier machines or e-menu (investment of $30,000-$50,000) to increase scalability of your business and reduce hiccups, breakdowns slowing your business operation, profits.
Editor’s Note:
While every precaution has been made to ensure the accuracy and fairness of this listing, we acknowledge that they may be inaccuracies. Therefore, we urge you to contact the service provider above for the correct information and/or contact us with the correct information.
If you are a service provider and wish to be featured in this listing (MediaOne reviews are read by hundreds of thousands of Singaporeans), please contact us at [email protected]. There is no charge! Please allow us up to 3 working days to review before adjusting the information or including your entry.