The Best POS System For Wholesale: An A-to-Z Guide
In today’s market, choosing the best POS system for wholesale is crucial to effectively running your business and competing with others in the same industry. An ideal POS system will assist you in streamlining the management process and accurately tracking inventory and store operations.
However, it takes work to select the best POS system for your wholesale business from the numerous options available online. Don’t worry, in this POS system for wholesale review, you’ll find a list of the best POS systems for wholesale and tips on picking out the best one by yourself.
Contents
- 1. Best POS system for wholesale: At a glance
- 2. Best POS system for wholesale: Our top picks
- 2.1. ConnectPOS: Best for selling on both online and offline channels for B2B businesses
- 2.2. IVE POS: Best for wholesale looking for advanced management features
- 2.3. Lightspeed POS: Best for selling in multiple stores, both online and in physical stores
- 2.4. Shopify POS: Best for selling on omnichannel
- 2.5. Counterpoint POS: Best for streamlined operations and driving success for various business sizes
- 3. What are the key factors to consider when choosing a wholesale POS system?
- 4. Final Thoughts
1. Best POS system for wholesale: At a glance
To be more specific, a wholesale POS (point of sale) system will save you time and effort while running your bulk business by streamlining operations, increasing efficiency, and providing valuable insights to help your business grow and thrive in the long run.
In general, the best POS system for wholesale has a wide range of features. These features include sales transactions for quick and accurate order processing, robust inventory management, customer management, and reporting and analytics to identify trends and opportunities for growth.
2. Best POS system for wholesale: Our top picks
Best POS for wholesale | The system is best for |
---|---|
Best for selling on both online and offline channels for B2B businesses | |
Best for wholesale looking for advanced management features | |
Best for selling in multiple stores, both online and in physical stores | |
Best for selling on omnichannel | |
Best for streamlined operations and driving success for various business sizes |
Let’s scroll down for a detailed analysis of each POS system from us, including pricing, key features, hardware, and payment methods!
2.1. ConnectPOS: Best for selling on both online and offline channels for B2B businesses
Score | 4.6/5⭐ |
Pricing | Not disclosed |
Hardware price | Depend on suppliers |
Key features | ✔️ Processing large quantities of products ✔️ Managing B2B businesses on omnichannel |
Overall, ConnectPOS is a cloud-based system made to help business owners streamline their wholesale operations.
2.1.1. Pricing
At this moment, ConnectPOS offers 2 available plans for you to choose from, including Professional and Enterprise, with each of them offering comprehensive features that suit your wholesale business needs.
Plan | Key features |
---|---|
💡Professional Basic features to seamlessly operate your business on omni channels | • Real-time data synchronization • Offline mode • Various payment methods • Barcode scanning |
💡Enterprise Level up your business operations with advanced features and various customization options | • Gift cards and promotions • Inventory management • Customizations • Priority support |
However, the pricing is not disclosed on the ConnectPOS website. Therefore, you’ll have to fill out a form and request a quote to get the exact pricing for your business model.
2.1.2. Features
ConnectPOS is the best POS for wholesale since it offers a variety of helpful tools to effectively manage and process orders. Some of the most highlighted features include:
- Real-time inventory tracking across multiple warehouses of your wholesale business to avoid stockouts or overstocks helps to gain a comprehensive view of your entire inventory
- The capability of processing large quantities of products or batch processing through efficient data entry using bulk import tools, batch order fulfillment, and barcode or RFID scanning to process large quantities of products
- Tiered pricing offers different prices depending on the buyer’s tier and order quantities
- Process and manage bulk orders effectively, including streamlined order entry, efficient order fulfillment, order tracking and management from creation to delivery, and automatically generating invoices and processing payments for bulk orders
2.1.3. Hardware
Although ConnectPOS integrates seamlessly with hardware, it does not sell any hardware devices. Instead, you can find a list of hardware and brands that work well with the system on its website and make a purchase yourself.
To be more specific, the list of hardware categories includes:
- receipt printers
- label printers
- cash drawers
- barcode scanners
- card readers
- card swipers
2.1.4. Payment method
Connect POS supports many different payment methods, including cash, credit, and debit cards, digital wallets like Apple Pay, Samsung Pay, and Google Pay, and gift cards like store credit cards or cards issued by businesses.
More specifically, the available payment method will depend on your exact location and the ConnectPOS plan you chose.
2.1.5. Suitable and Not suitable for
- Suitable for wholesale businesses looking for a solution to handle their bulk orders, multiple warehouses, and large number of SKUs
- Not suitable for wholesale businesses that are at a very small scale or businesses with highly specialized requirements
2.1.6. Pros and cons
2.2. IVE POS: Best for wholesale looking for advanced management features
Score | 4.5/5⭐ |
Pricing | Starting at $15/month |
Hardware price | $8/device/month |
Key features | ✔️ Vendor management ✔️ Stock transfer management |
Needless to say, IVE POS is the best POS system for wholesale that offers advanced and thoughtful features for running your bulk business smoothly and seamlessly.
2.2.1. Pricing
To begin with, IVE wholesale POS software does not disclose their exact pricing plans, so you’ll have to contact their consultants to get the specific plan tailored to your business needs and get the exact price.
However, we dug a little deeper and found out that the IVE POS model is subscription-based, starting with a “Lite” plan with basic features and “Pro” for advanced and updated features. In addition, the starting price is around $15/month for your information
2.2.2. Features
- Vendor management includes creating profiles, generating and tracking their orders, and tracking payments to vendors
- Customer credit management by setting credit limits for individuals and tracking credits for balances and payment schedules
- Inventory management, including real-time inventory management, automated rendering, and stock transfer management
- Generate helpful and reliable reports and analyses, including sales reports, inventory reports, customer reports, vendor reports, profit and loss reports, etc.
2.2.3. Hardware
At the moment, Android users can download and use IVE POS on their devices. However, installing the system on IVE hardware devices will make it run more smoothly and effectively.
IVE POS hardware products include:
- mobile POS
- mobile all-in-one POS
- desktop all-in-one POS for Android POS
- desktop all-in-one POS for point-of-sale systems
Nonetheless, the prices of these devices are not disclosed on their website, so you will need to speak with one of their experts to get an exact number.
2.2.4. Payment method
IVE POS accepts a variety of payment methods, making it easier for customers to make purchases at your bulk business.
To be more specific, accepted payment methods include cash, credit and debit cards, contactless payments such as mobile wallets, and digital wallets, and, in some cases, Unified Payments Interface (UPI) in specific regions like India.
2.2.5. Suitable and Not suitable for
- Suitable for small to medium-sized wholesale businesses with limited budgets and technical expertise
- Not suitable for large-scale wholesale businesses with complex requirements or in need of extensive customization
2.2.6. Pros and cons
2.3. Lightspeed POS: Best for selling in multiple stores, both online and in physical stores
Score | 3.9/5⭐ |
Pricing | $89/mo to $289/mo |
Hardware price | Not disclosed |
Key features | ✔️ Effective bulk inventory management in terms of large quantities and products ✔️ Multi-locations management, including warehouses and retail stores for wholesale businesses |
In general, Lightspeed POS is the best POS software for wholesale business looking for solutions to manage their online and offline locations.
2.3.1. Pricing
Lightspeed POS offers 3 plans for distributors to choose, and if you choose to pay annually, the price is better for a little bit. For more information on its features, take a look at the Lightspeed website here.
To help you better compare the pricing, we’ve compiled Lightspeed pricing plans into the table below. Check it out now.
Basic | Core | Plus | |
---|---|---|---|
Monthly | $109 | $179 | $339 |
Annually | $89 | $149 | $289 |
2.3.2. Features
- Robust inventory tracking across multiple locations, including warehouses. This gives instant access to product availability information and does away with the need for manual stock checks
- Bulk operations, such as bulk import and export of inventory data, make managing large product catalogs easier
- Segmentation of your customers to apply for specific pricing, discounts, or promotions. This helps wholesalers who also sell retail provide the best prices and foster customer loyalty
- Integrate with eCommerce platforms to sell products online in addition to your wholesale operations and expand your market and customers
2.3.3. Hardware
Lightspeed provides both hardware and software to improve store management and keep you up to date on new technologies. Apple devices such as iPads, Mac Minis, and iPad stands are available, as are receipt and label printers, a scanner, a drawer, and other accessories.
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2.3.4. Payment method
Credit and debit cards, gift cards, digital wallets like PayPal and Samsung Wallet, as well as contactless payments like Apple Pay and Google Pay, are all accepted by the system.
2.3.5. Suitable and Not suitable for
- Suitable for wholesalers with retail components looking for a POS system to sell in both physical and online stores.
- Suitable for mall-scaled wholesalers with simple operations, manageable inventory volumes, and less complex pricing structures.
- Not suitable for large-scale wholesalers with complex operations.
2.3.6. Pros and cons
2.4. Shopify POS: Best for selling on omnichannel
Score | 4.6/5⭐ |
Pricing | Not disclosed |
Hardware price | ~ $459 |
Key features | ✔️ Integrated Online and Offline Sales Import and export inventory data in bulk ✔️ Offer different price lists or discounts to specific customer groups |
Overall, Shopify POS is the best POS system for wholesale businesses looking to establish a presence both in-store and online, thanks to its powerful features for managing sales and operations across your website, social media, and POS system.
2.4.1. Pricing
At the moment, Shopify POS offers four different plans, all of which are paid for each month, except for the Plus plan, which is only available for terms of one to three years.
- Basic (for solo entrepreneurs): $39/month
- Shopify (for small teams): $105/month
- Advanced: $399/month
- Plus (for more complex business): $2,300/month
2.4.2. Features
- Offer a unified platform for both physical stores and online businesses to operate within a single, unified system
- Bulk inventory management and centralized inventory, preventing overselling and ensuring accurate stock counts
- Powerful customer management features such as building customer profiles, tracking purchase history, and sending personalized offers based on the database
- Segment customers into groups like “wholesale,” “retail,” “VIP”, etc. to offer tailored pricing to your wholesale customers
- Tailor reports to track specific metrics relevant to your wholesale business
2.4.3. Hardware
The Shopify wholesale point of sale software system includes a number of intriguing hardware options from which to select and customize your POS system. Hardware includes items such as barcode scanners, receipt printers, cash drawers, and shop tablet stands.
2.4.4. Payment method
The Shopify POS system accepts a variety of payment methods, making it easy for your customers to pay with cash or credit card.
Credit cards (Visa, Mastercard, American Express, Discover, and others), debit cards, and contactless payments like Apple Pay and Google Pay are accepted.
2.4.5. Suitable and Not suitable for
- Suitable for small- to medium-sized wholesale businesses that need user-friendly interface and comprehensive features or looking for ways to build strong online presence
- Not suitable for large-scale wholesale businesses or bulk shops that have very specific needs
2.4.6. Pros and cons
2.5. Counterpoint POS: Best for streamlined operations and driving success for various business sizes
Score | 3.6/5⭐ |
Pricing | Not disclosed |
Hardware price | Starting at $300 |
Key features | ✔️ Customize the POS touchscreen to meet your requirements ✔️ Combine orders, layaways, sales, and returns on one ticket |
The Counterpoint POS system is generally the best POS system for wholesalers looking to streamline operations and promote success for companies of all sizes.
2.5.1. Pricing
Unfortunately, neither Counterpoint’s website nor product brochure currently discloses their pricing strategies. So, you will need to contact their sales representative for more information and a customized plan for your company’s requirements.
2.5.2. Features
- Adjust the POS touchscreen to your requirements. For instance, use product images or icons on the touchscreen for faster product identification and selection, especially helpful for businesses with a large inventory
- Combine sales, returns, layaways, and orders into a single ticket. This provides a clear audit trail and simplifies customer service inquiries.
- Compute the commissions for sales to track commissions earned by each sales representative, providing insights into individual performance and facilitating accurate commission payouts
- Establish and oversee wish lists and gift registries to simplify the process of purchasing gifts from customer wish lists or gift registries, making it more convenient for customers and increasing sales opportunities
2.5.3. Hardware
Counterpoint currently offers combo and single hardware options. The precise cost is not revealed, however, so we will include the range number for your reference.
- NCR 7409 All-in-One POS System: $1,000 – $1,500 (used or refurbished)
❗ This is an older model but is still found in some businesses.
- NCR CX Series (CX5, CX7): $2,000 – $3,000+ depending on the model and configuration
❗ These are newer, more modern terminals with a sleeker design.
- Receipt printers: $300 – $500+
- Barcode scanners: $100 – $300+
- Cash drawers: $100 – $200+
- Card readers: $200 – $500+ (depending on features like contactless payment support)
2.5.4. Payment method
The Counterpoint POs accept both traditional and electronic payment methods. To be more specific, the methods accepted by the system include cash, checks, credit and debit cards, EMV chip cards, and NFC payments like Apple Pay, Google Pay, and other NFC-based mobile wallets.
2.5.5. Suitable and Not suitable for
- Suitable for small to medium-sized wholesalers, wholesalers with a retail presence, and those who need strong inventory control
- Not suitable for very large-scale wholesalers with extremely complex operations, or wholesalers requiring highly specialized industry-specific features such as pharmaceutical distribution and chemical distribution
2.5.6. Pros and cons
3. What are the key factors to consider when choosing a wholesale POS system?
3.1. Inventory management
Bulk management tools like import/export features, barcode scanning, and serial number tracking make handling large product catalogs easier; real-time tracking across all locations offers a comprehensive view of stock levels. Most importantly, by guaranteeing prompt replenishment, automated purchase order generation based on predetermined reorder points avoids expensive stockouts.
3.2. Customer Management
A wholesale point-of-sale system must store comprehensive customer data, such as contact information, past purchases, and credit terms, in order to manage customers effectively. This data allows customers to be divided into targeted groups and given specific price tiers, discounts, and promotions, which strengthens customer relationships and increases sales.
3.3. Pricing and Discounts
This includes giving particular customer segments targeted discounts or different price points depending on things like past purchases or relationship status.
4. Final Thoughts
We hope that our blog today has given you every piece of information you need to know about the best POS system for wholesale.
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For effective operations, wholesale businesses require specialized point-of-sale (POS) systems. Strong customer relationship management, efficient order processing, and reliable inventory management are all provided by these systems. These unique features increase accuracy, boost profitability, and streamline wholesale workflows.
A thorough evaluation of important aspects is necessary when selecting the best wholesale point-of-sale system:
• Effective inventory control
• CRM has robust features
• Accurate invoicing, backorder assistance, and effective order management
• In-depth reporting and connections
• Usability, scalability, dependable customer service
The key features of a wholesale POS system may include:
• Inventory and customer management
• Automated reordering, bulk import/export, and inventory tracking across several locations
• Segmented pricing tiers, comprehensive customer profiles, and sales history tracking are examples of strong CRM features
• Integrations with e-commerce and accounting systems to improve operational effectiveness
By combining features to improve internal controls and discourage both internal and external theft:
• Inventory tracking in real-time reduces inconsistencies and highlights questionable stock movements
• Cash handling and the chance of skimming are decreased by integrated payment processing
• Loss prevention is further improved by security camera integrations and exception reporting
Because they offer customers comprehensive profiles, track past purchases, manage credit terms, and enable targeted promotions. This promotes more individualized service and stronger relationships. In terms of inventory, they provide effective bulk management, automated reordering to avoid stockouts, and real-time tracking across numerous locations. This increases order fulfillment accuracy, optimizes stock levels, and lowers carrying costs.