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Retail management software to maximize store efficiency and revenue

retail magenement software
RMS
retail management system
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The best software for retail shop, trusted by thousands of merchants worldwide

retail management solution

Retail inventory management software to control stock efficiently and reduce paperwork

Know exactly what’s in stock and where each product is, even across multiple locations or warehouses. Get real-time inventory control and update inventory levels on the spot.

retail inventory management software
  • Sync inventory information between your eCommerce website, point of sale, and back office in real time
  • Manage products by bin locations and easily transfer items between bins
  • Use stock on-hand report to keep track of product quantity and location
  • Count and adjust inventory to ensure you have the right quantity to sell
  • Monitor all inventory movement from purchasing to sales

Data-driven replenishment with powerful retail vendor management software

A better way to manage suppliers and purchasing. Know in advance which items need to be re-ordered and prevent business disruptions due to out-of-stocks.

  • Use historical sales speed to set up product low-stock threshold and know when to order from suppliers
  • Create purchase order directly from demand forecast and save hours of manual work
  • Manage unit of measurements to convert between stock units and purchase order units
  • Track all suppliers and purchasing activities from one central hub in real time
retail vendor management software

Easy omnichannel fulfillment with robust retail order management software

Comprehensive retail management solution to reduce manual and repetitive work. Process more orders with fewer errors.

retail order management software
  • Manage all orders from your website and offline stores in one system, in real time
  • Check stock across multiple warehouses and selects the most efficient one for order fulfillment
  • Process order faster with simple pick–pack–ship workflow
  • Utilize eCommerce platform’s default shipping methods (UPS, USPS, DHL, and FedEx) or customize your system to integrate with 3rd-party shipping carriers

Comprehensive reports to make more informed business decisions

Create and export reports that are tailored to your specific needs and preferences.

Real time data sync icon

Centralize all data in a platform, automating the process of collecting and analyzing data to increase efficiency.

Keep inventory levels optimized icon

Keep track of inventory levels and ensure you always have the right products in stock at the right time.

Customers icon

Gain insights into customer behavior to tailor your offerings and improve overall customer experience.

Perfect for growing businesses and teams of all sizes

software for shop management

Save setup and maintenance cost

Add new warehouses and locations to your system without extra costs. Once your system is set up, you can use it from anywhere in the world, on any desktop and tablet devices with a web browser. Our solution is built on the eCommerce platform, so you’ll save maintenance cost running only one system.

store management system

Flexible permission and unlimited users

Empower your teams by giving access to the information and functionality they need to excel at their job. Set up user roles and permission levels for different members. Unlike other retail management systems, you can add unlimited users without any extra fees.

best retail management software

One-time payment and easy customization

Pay one time to own your solution forever. Customize your system to add new functions and integrations that fit your unique requirements. Our professional team is here to adapt your system to your workflow, not the other way around.

Top retail management solutions

Retail system

Key features

Overview

Note

Pricing

Rating

Magestore RMS PWA

  • Omnichannel POS

  • Inventory management

  • Order fulfillment

  • Loyalty management

  • Supplier management

  • Reporting

  • Mobile order

  • Integration with other systems

Magestore is the world’s #1 POS and RMS for Magento. With Magestore retail management software, merchants can streamline their store operations including inventory, purchasing, and fulfillment. Merchants can centralize all data in eCommerce platform in real time, saving time and cost. The system is compatible on all devices including web browser, iPad, and Android tablet. Especially, you can use RMS as an app on Frontend without backend log-into, so speed up 2X operating process.

Require high-tech implementation

  • Custom based on only 3 factors:
    - Number of stores
    - Support level
    - Complexity of solution

  • No hidden costs

4.6 on Capterra

Dynamics 365

  • Financials

  • CRM

  • Supply chain

  • Sales reporting

Microsoft Dynamics 365 is a versatile retail management system that offers a range of features and benefits for small to medium-sized retailers, from multi-channel selling to advanced analytics.

  • Lack some of the advanced features required by larger retailers

  • Limited third-party integrations besides other Microsoft products

Pricing plan based on number of users and purpose of use

4.4 on Capterra

LS Retail

  • Point of sale

  • Inventory management

  • Loyalty management

  • ERP

  • Financials

LS Retail is a comprehensive retail management solution that includes point of sale, inventory management, and purchase management. It is highly customizable and scalable, making it suitable for both small and large retailers.

  • Expensive fee

  • Require significant technical expertise to set up and maintain

  • Lack of integration to other platforms

  • Data breaks and conflicts if the internet is disconnected

Not public

4.3 on Capterra

Epicor for Retail

  • Point of sale

  • Inventory managment

  • Loyalty management

Epicor is a comprehensive retail management software solution with robust functionality including point of sale, managing stock, and retail customer management.

  • Require steep learning curve

  • Costly monthly fee

  • Non-user-friendly layouts of receipt

Starting from $349/month with limited features

4.0 on Capterra

NCR Counterpoint

  • Point of sale

  • Loyalty management

  • Supply chain

  • Back office

NCR Counterpoint is a retail management software solution by NCR Corporation manage their operations from point-of-sale (POS) to inventory management and customer engagement. Some considerations might include the cost of implementation, training, and ongoing support, as well as the software's compatibility with existing systems and hardware.

  • Limited industry-specific features

  • Arising performance issues with larger inventories or a higher volume of transactions

  • Depend on Internet connectivity

Starting from $79 with limited features

3.7 on Capterra

Retail Pro

  • Point of sale

  • Inventory management

  • Reporting

  • CRM

Retail Pro is another widely used retail management solution for merchants to manage inventory, check-out process, and performance analytics. This system is suitable for both small businesses and medium businesses.

  • Limited user information

  • Hidden costs: customization, maintenance, version updates, and business scalability

  • Lack reports function, reordering capability, inventory alerts, speed of processing gift cards

  • Depend on Internet connectivity

Not public

4.0 on Capterra

10,000+ retailers around the world trust Magestore to streamline their operations

Tc-RM review: Capterra
Tc-RM review: Trustpilot
featured customers logo black

If you like the Magento platform, this is the POS for you. Having one database that streams down on PWA to all tills is genius, most companies have it backward. Incredibly fast and super easy to understand and can customize any function you desire.

Greg Penno, Owner of Mr. Pet’sPet Shop | Canada | 5 years of engagement

Magestore's gone above and beyond time and time again, to ensure that their product is dependable, reliable, and cutting-edge. They have always been true to their word, very responsive, and caring. It feels more like a partnership.

Matthieu, Owner of Upper LimitsE-cigarettes | US | 4 years of engagement

We considered many providers, but in the end, we chose Magestore because Magestore has more advantages. We saved a lot of hours using the new POS system because it’s very fast and it feels safe.

Marco Baratella, COO of Swiss Shooting GroupSporting & Outdoor | Switzerland | 3 years of engagement

From the start of the project they were highly professional, nothing was any major issue. Had some additional custom work done for our business, this was also done very slick and professional from start to finish. 100% highly recommended.

Nick Hunter, Director of McVapeUKE-cigarettes | UK | 6 years of engagement

It’s brilliant to see that it’s possible to have what we want without breaking our finances. Magestore knows how to deliver things that we have in mind and we’re impressed with the quality and time that we receive. The Magestore team is very competent in what they do.

Matheus Santos, Owner of Top ShoesFootwear | Colombia | 2 years of engagement

We decided to go with Magestore because we wanted a system that would integrate with Magento, where we would have the sales in one spot rather than two systems. Magestore POS would help to start with and then grow into what we need.

Marilena Rudd, Co Founder of HoohaaDesignWeb Agency | United Kingdom

Get a complete solution for managing retail business operations with Magestore POS

From storefront to back office, Magestore’s got you covered with our integrated retail management solution.

User Interface Magento POS
  • Fast checkout
  • Accept all payment types
  • Apply promotions and loyalty programs across online and offline stores
  • Sync data in real time between POS, RMS, and admin

Frequently asked questions

What is retail management software?

Retail management software or retail store software is technology that helps businesses oversee and streamline day-to-day operation of their store. Retail management system (RMS) usually includes a set of integrated modules for supply chain operations such as purchasing, inventory management, or order processing. It helps retailers centralize all data into a single source of truth and different departments to plan and track collaborations on all retail operations.

Why do we need shop management software?

Implementing retail operations software brings several benefits over manual or siloed operations:

  • Real-time inventory visibility for your team and your customers
  • Centralize all data on sales orders, inventory, and customers
  • Standardize and automate supply chain operations such as supplier request, inventory management, or order fulfillment
  • Reduce manual work and human errors so you can focus on customer relationship and employee training
  • Boost retention with discounts and loyalty programs that don’t hurt your bottom lines
  • Real-time analytics and insights to make better decisions
  • Better customer experience and service

What are the differences between a retail POS system and a retail management software?

Point of sale (POS) software is a type of retail software that is specifically designed to handle transactions at the point of sale, or the moment when a customer makes a purchase. POS software typically includes features such as shopping cart, promotion, and payment processing.

On the other hand, retail store software is a broader type of software that can encompass a wide range of functions beyond just point of sale. Store management software can include features such as inventory management, customer relationship management (CRM), employee management, supply chain management, and more.

While retail POS software focuses specifically on transactions at the point of sale, retail management software provides a broader range of functions to help businesses manage their entire retail operation.

In the case of Magestore solution, our POS helps you boost sales and deliver a better customer experience, while our RMS streamlines your supply chain operations and save costs.

What are common features of a retail management system?

Retail store management software features vary depend on different business sizes and verticals. Here are the most common features of retail software:

  • Point of sale: Transaction capability including checkout, payment, and inventory update
  • Inventory management: Track and adjust inventory as you go
  • Retail customer relationship management: Collect customer information and purchase history across channels
  • Employee management: Open and close session, keep track of employees hours and sales commissions
  • Product management: Set up and manage product catalog across multiple locations
  • Warehouse management: Monitor and manage inventory going in and out of warehouses
  • Report: Provide 360-degree view of your business to make better decisions
  • Accounting capability or integrate with third party accounting solutions

What is essential hardware for in-store retail management systems?

Running a store requires a variety of hardware for transactions and inventory operations, including point of sale device barcode scanner, receipt printer, or payment terminals. Please refer to our blog post on POS system devices.

How much does a retail management system cost?

The cost of a retail management system depends on the complexity and scale of each business, including the following factors:

  • Number of stores, users, and devices
  • Features or functionalities you need
  • Type of deployment such as on-premise or cloud-based
  • Extra services or third-party integrations

A robust retail supply chain management software with advanced features and integrations for a large-scale business will cost significantly more than a simple system for small firms. Some vendors offer pre-configured subscription plans starting from $79 per month while other providers offer custom pricing.

With Magestore’s omnichannel retail management software, you’ll pay one time for a tailored solution that fits your business needs. You can add more users and locations to your system without extra costs.

Got questions on retail store management software?

Choosing the right retail management software for your business may be an overwhelming experience, but we are here to help every step of the way. Talk to our experts to get suggestions tailored to your business and a live demo.

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