When picking retail management software for a Philippine business, the wide range of choices can be both helpful and overwhelming. While many options offer flexibility, it also increases the risk of choosing an unsuitable solution.
The many number of choices can make it hard to choose. Without a good understanding of your business needs, you may pick software that doesn’t match your requirements, leading to wasted time, resources, and operational disturbances. Therefore, it’s essential to carefully evaluate your business needs and research different software options before deciding.
To help you choose wisely, we’ve compiled a list of the best software for retail businesses available. Our article aims to help you find a solution that perfectly fits your needs.
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Benefits of Retail Management Software
Retail management software is an invaluable tool for retail businesses of all sizes. It provides numerous advantages that can greatly improve operations. Investing in retail management software isn’t just a smart choice; it’s crucial for staying competitive in the Philippines market.
Here are six benefits of using retail management software:
- Cost savings: Retail management software saves money by making operations smoother, cutting down mistakes, managing inventory better, improving supplier relationships, and stopping theft and fraud.
- Increased scalability: As businesses grow, retail management software can quickly scale to accommodate expanding operations. Whether opening new locations or expanding product lines, the software adapts to evolving needs, ensuring continued efficiency and effectiveness.
- Manage inventory effectively: Most retailers find inventory management a significant trouble. Handling numerous products manually is tough. Modern retail management software shows the exact stock levels of each item and what’s been sold. It also helps identify what needs to be reordered, all with just a few clicks.
- Simplify point of sale process: The point of sale (POS) is crucial for any business as customer interactions happen and payments are made. Retail management solutions help tag items for sale, process payments, and check product availability, making these essential tasks easier for retail stores.
- Improve customer service: Retail management software lets businesses run promotions, target customers based on shopping habits, and offer loyalty discounts. It also speeds up checkouts and makes shopping easier for customers, increasing store visits.
- Efficient delivery mechanism: Retail management software simplifies supplier identification and package tracking, accommodating different shippers and creating issue notes for customer shipments. This builds loyalty and trust with customers and suppliers, who appreciate knowing when and where their items will arrive.
12 Top Retail Management Software for Philippine Businesses
Choosing the perfect retail management software for your business can be challenging with so many options. Each software provider offers different features, and their products have pros and cons. To simplify things, here’s a list of the top 12 retail management software systems in the Philippines:
1. HashMicro Retail Management Software
HashMicro offers comprehensive, web-based retail management software in the Philippines, catering to businesses of all sizes across various retail sectors like fashion, electronics, home goods, automotive, beauty products, and more.
Renowned enterprises in Singapore and Indonesia have benefited from HashMicro’s comprehensive features and excellent customer service. In the Philippines, HashMicro continues to provide top-notch service to businesses across all industries.
HashMicro’s retail management software makes every part of running a business easier. Moreover, it is more than capable of handling multi-branch management effectively. It handles inventory, sales, customer management, and analytics seamlessly. Additionally, it manages suppliers well and connects with other systems smoothly.
Features:
- Point of sale: HashMicro’s software ensures smooth transactions and boosts customer satisfaction at the end of purchase.
- Inventory and warehouse management: HashMicro simplifies inventory tracking and warehouse operations, maximizing efficiency.
- Loyalty program management: Businesses can effortlessly retain customers and drive sales through effective loyalty programs.
- Marketing & mass mailing: This feature empowers businesses to engage customers and increase sales with targeted marketing campaigns.
- Online store: HashMicro seamlessly integrates with online stores, expanding businesses’ reach and boosting sales online.
- Business intelligence: This feature provides powerful insights to drive informed decision-making and optimize business performance.
- Sales management: Businesses can streamline sales processes and boost revenue generation through efficient sales management features.
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If you want to discover how HashMicro gives a significant help in managing retail businesses, you can experience it yourself by clicking this free demo banner below.
2. QuickBooks
QuickBooks, created and sold by Intuit in the USA, is another software for retail businesses in the Philippines. It helps companies with both on-site and cloud-based accounting. It handles tasks like accepting payments, managing bills, and processing payroll.
Features:
- E-commerce integration
- Inventory management
- Reporting
- Order management
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3. Xero Retail Management Software
Xero is one of the retail management software options that Philippine retailers can consider using. It provides an intuitive experience while upholding a high standard of professionalism. Its cloud-based system adds convenience, allowing retailers to access vital data anywhere.
Features:
- Invoicing
- Inventory management
- Payroll
- Expense management
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4. Oracle NetSuite
Oracle NetSuite is one of the best retail software for businesses in the Philippines. They offer software and services to handle various aspects of business operations, including finances and customer relations.
Features:
- Inventory management
- Point of Sale (POS) integration
- Order management
- Customer relationship management
- E-commerce integration
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5. QNE Software
QNE Software is a local provider of software for retail businesses. It offers accounting, inventory, payroll software, and a digital portal. Known for its localized system, it simplifies compliance with the country’s evolving tax regulations for accountants and business owners.
Features:
- Accounting
- Inventory management
- Payroll
- Digital portal
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6. RetailGraph
RetailGraph serves as a comprehensive retail and distribution management system tailored for businesses in the Philippines. Designed with retail business needs in focus, this all-inclusive point-of-sale solution simplifies managing multiple retail outlets and warehouses for businesses.
Features:
- Customer management
- Accounting
- Email integration
- E-commerce integration
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7. Lightspeed Retail Management Software
Lightspeed Retail is a comprehensive POS and inventory management tool that simplifies tasks like inventory and employee management. With detailed sales reports and customer profiles, businesses can easily identify top-selling items and provide personalized service to boost customer loyalty.
Features:
- Barcode scanning
- Payment integration
- Order notes
- Inventory management
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8. Cin7 Omni
Cin7 Omni integrates a business’s products, sales channels, stock locations, orders, warehouses, workflows, reports, and more into a single automated solution. This empowers businesses with the essential tools to collaborate more effectively and efficiently in their operations.
Features:
- Order tracking
- Electronic payments
- Inventory management
- Product identification
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9. Square for Retail
Square for Retail is a complete POS solution designed for retail businesses. It includes advanced features to help retailers run their business more efficiently. Square for Retail is easy to set up and user-friendly, making it ideal for businesses of all sizes.
Features:
- Integrated payments
- Customized order
- Customer relationship management
- Order management
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10. StoreHub
StoreHub is a cloud-based system for managing retail businesses. It includes an iPad Point of Sale (POS), smart inventory management, CRM, and business analytics. All information is stored in the cloud, allowing business owners to access reports instantly and stay up-to-date with their business’s performance.
Features:
- Reports
- Point of sale (POS)
- E-commerce integration
- Inventory management
- Customer management
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11. ECOUNT Retail Management Software
ECOUNT is a cloud-based retail software that integrates enterprise resource planning (ERP) functions. It assists businesses in managing inventory, production, logistics, sales, and accounting, streamlining workflow for retail operations.
Features:
- Store management
- Inventory tracking
- Warehouse management
- Barcode integration
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12. MultiFlex RMS
MultiFlex RMS General Merchandise is a cloud-based retail management system designed for single and multi-location stores. It allows retailers to handle various products like merchandise, gifts, electronics, and appliances. The solution includes accounting and e-commerce integration features, making it easier for retailers to run online promotions on social media.
Features:
- Point of sale (POS) management
- Accounting module
- Inventory management
- Customer relationship management
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Tips on Choosing the Right Retail Management Software
Looking at different options for retail management software can be overwhelming, especially for businesses focused on retail operations. While these systems aim to simplify business management, each has unique features. Here are some tips to help you choose the right software for your retail management needs:
- Setup: Decide if you want on-premise or cloud-based software. Cloud-based options are famous for their accessibility and adaptability.
- Budget: Consider if the software charges monthly or requires a one-time fee. Additional users and features may cost more.
- Scalability: Choose software that can grow with your business, offering more features as you expand.
- Customer Support: Select a provider with efficient customer service to minimize downtime and prevent data loss during implementation.
- Integration: Look for software that smoothly integrates with other systems like accounting and communication tools for better efficiency.
- User Reviews: Check user feedback to understand how the software works in real-world situations, helping you identify its strengths and weaknesses.
Conclusion
Picking the right retail management software is vital for running your business smoothly. Good software helps you manage inventory, process orders faster, and ensure customers get what they need on time.
When it comes to retail software in the Philippines, HashMicro stands out as the ultimate choice for businesses. Crafted with the local market in mind, HashMicro seamlessly integrates into your operations. Experience the power of HashMicro with its robust features, unwavering support, and scalable capabilities tailored to your business growth.
Register for a free demo now to see how HashMicro can help your business!
