Every retail business generates maximum output when the business owner invests in the efficiency of their gear. Investing in a retail point of sale system is the best gear a business owner can invest in. However, choosing the right point of sale takes time and effort. That is why, we have prepared a detailed comparison between two top-notch retail point of sale systems, WinkSell, an emerging POS system, and QuickBooks, already an established POS.
WinkSell is an internationally emerging online POS that allows retail businesses like pharmacies, boutiques, supermarkets, etc. to manage and streamline their business operations.
WinkSell tracks expenses, generates customized invoices, prepares accounts, runs reports, and more, all from one place.
QuickBooks is a point of sale system that helps small to mid-sized businesses manage their business operations.
QuickBooks is integrated with Shopify POS but its accounting module is a premium add-on.
Here is the complete breakdown of all the features against which we’ll compare WinkSell and QuickBooks:
Features/Brands | QuickBooks | WinkSell |
---|---|---|
Complete Inventory Management |
3 out of 10 Inventory management is a premium add-on feature in QuickBooks. It has basic features like adding and maintaining stock items but lacks comprehensive inventory management features like inter-branch inventory management. |
9 out of 10 It has all the necessary features that a retail business owner might need to streamline operations like creating automated purchase orders if an item’s stock reaches a certain level or providing inter-branch inventory management. |
Reporting |
6 out of 10 Reporting is fine but some reviews indicate data inaccuracies in reports. It generates reports like slow-moving stock or expired stock. |
9 out of 10 WinkSell intelligently sorts the data to produce insightful reports like the complete stock trail. |
Accounting |
4 out of 10 QuickBooks only provides accounting features as a premium add-on making it expensive for retail business owners. It generates all the reports like tax, VAT, profit&loss, or account payables/ receivables. |
7 out of 10 WinkSell offers a built-in comprehensive accounting module that does all the work for you like creating account payables/receivables or profit&loss reports while you conduct business making it a better choice. |
Multi-Store Scalability |
3 out of 10 QuickBooks supports multi-store scalability as a premium add-on only. |
8 out of 10 In WinkSell, you can scale your branches/stores seamlessly without additional cost or contacting support. |
Forecasting Capability |
6 out of 10 QuickBooks provides customized reports on expenses, sales, and returns, helping you forecast business decisions. |
7 out of 10 WinkSell generates intelligent reports like daily/weekly/monthly sales with hourly revenue based on accurate historical data so you don’t even have to make customized reports upon which business decisions can be forecasted. |
Data Security and Backups |
6 out of 10 QuickBooks employs good security measures to make your data as secure as possible with a backup plan. However, users have reported hacking and theft. |
7 out of 10 WinkSell claims to be unhackable and securely backup your data in case of emergency. It never got hacked. |
Cloud-Based |
8 out of 10 QuickBooks offers both cloud-based and traditional POS services. |
8 out of 10 WinkSell is a modern cloud-based retail point of sale system. |
User Friendliness |
7 out of 10 QuickBooks requires multiple premium add-ons or integrations making itself difficult to learn. |
8 out of 10 The WinkSell has a user-friendly interface, enabling your staff to learn it quickly for better store management. |
Free One-to-One Training |
0 out of 10 QuickBooks doesn’t provide one-to-one training at all. |
8 out of 10 WinkSell provides one-to-one training to your staff anytime you need it. No other POS software offers this feature. |
24/7 POS Support |
4 out of 10 QuickBooks provides 24/7 support through chat, email, and calls but you might need to hold off to solve your queries. |
9 out of 10 WinkSell says you can contact us anytime through chat, email, or phone and we will solve your queries instantly and if necessary will do one-to-one sessions. |
Trial Period | 30 Days | 30 Days |
Payment Integrations |
7 out of 10 QuickBooks provides all the payment integrations you need including mobile wallets. However, unknown processing charges make your life harder. |
7 out of 10 WinkSell has most payment methods a retail business usually needs but mobile wallets are an add-on here. WinkSell does not charge any payment processing fees. |
Payment Terms |
Monthly Prepaid This means Quickbooks takes payment first and then lets you use its services. |
Monthly Postpaid You can use WinkSell for the first 30 days and if you find it suitable, you pay a subscription at the end of the 30 days with an invoice due up to 10 days. |
Charges per Branch | $18 to $76 | Just $40 |
We have seen all the features, complete pricing, pros, and cons of both retail point of sale software. Every retail business owner decides according to its requirements. However, given the strengths and weaknesses of both POS systems, WinkSell takes the lead because it better manages the most important retail chores like inventory, reporting, and scalability at an affordable price of $40/month/branch. It also provides excellent and immediate POS support with one-to-one training leaving QuickBooks far behind.
Also, read The Ultimate Guide on Choosing the Best Point of Sale Systems for Your Business.
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