CPA Practice Advisor

AUG 2012

Today's Technology for Tomorrow's Firm.

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Reviews For Your Clients POINT-OF-SALE Intuit QuickBooks Point of Sale 2013 2012 OVERALL RATING BEST FIT With the revamped point of sale product from QuickBooks, they have succeeded in expanding their market considerably. Making use of Cloud technology along with flexible payment options make this a good product for small to mid- sized retailers with up to 20 loca- tions that do not process a high level of sales transactions. STRENGTHS r Easy to install and setup 866-379-6636 CAM Commerce Retail STAR Lite 2012 OVERALL RATING BEST FIT Retail Star is best suited for larger retailers that have very specific needs. Retail Star contains excellent customization capability and retail-industry specific applications. For single location retailers, they may wish to try Retail Ice, a com- parable version of the software available for use in one location. STRENGTHS r Complete front/back office POS/ financial management system r Scalable, with users able to choose only the modules needed r 800-726-3282 UTC RETAIL Offers All-Inclusive Solution Retailers face many challenges, particularly when it comes to finding a point-of-sale system that can meet all of their needs, from the necessary hardware, the soſtware the point-of-sale uses to manage transactions and the services they need to keep running efficiently. While many vendors offer the hardware or the soſtware, few offer an all-inclusive system, but UTC Retail does. Te company develops, markets and services several point-of-sale sys- tems designed for small and mid-sized retailers. Te company's soſtware can be used to manage retailers with any- where from one to 1,000 locations, and its feature set includes specific tools for managing complex merchandise inventories across all locations. UTC also provides mobile and remote retailing functions, order pro- cessing, planning utilities and advanced reporting and analytics, with manage- rial reporting accessible via mobile devices. Te system can be configured to automatically post transactions to virtually all small and mid-sized busi- ness management systems, from QuickBooks and Sage, to NetSuite and Microsoft Dynamics. It also offers integration with timeclock utilities and other programs. Extensive customization options allow businesses to tailor the program to their specific needs and workflow, including seting varying levels of user and managerial access rights and security, customizing data fields and additional areas of the program. It includes advanced retail management tools, including warehousing, distribu- tion, allocation, call center, mail order and catalog sales, and e-commerce. Te hardware solutions offered by r Te addition of the Go Payment app add flexible payment options r Good reporting options r Slight learning curve r Affordable pricing and good sup- port system POTENTIAL LIMITATIONS r Integrated shipping option could be stronger r Not suited for high volume retailers, but suitable for SMBs with multiple locations or single store high volume payments. r Users may potentially outgrow SUMMARY & PRICING Quick Books POS 2013 was released in June 2012 and is cur- rently available for $999.00. An excellent stand-alone POS product, using QuickBooks POS 2013 in conjunction with QuickBooks financial products ensures a com- plete front office/back office retail solution. BASIC SYSTEM FUNCTIONS SPECIALIZED FEATURES/SERVICES TRACKING/REPORTING INTEGRATION/IMPORT/EXPORT HELP/SUPPORT Read the full review of this product exclusively online at www.CPAPracticeAdvisor.com/10737420 intuitpayments.com/POS r Direct interface with e-commerce technology r Complete systems available for specialty stores such as apparel, sporting goods, pet stores r Solid customization capability POTENTIAL LIMITATIONS r Steep learning curve for some r Cost may be prohibitive Retail Star, from CAM Com- merce is a comprehensive POS product that contains both front and back office financial manage- ment capability along with an excellent POS function. Retail Star is a modular system, with users able to customize the system to suit their needs. SUMMARY & PRICING Retail Star is a powerful POS system that is ideal for large retailers with multiple locations. Complete back office functionality reduces duplicate data entry and ensures a more accurate, smooth running system. For small, one location retailers, Retail Ice is worth a look. Conveniently, all system data entered into Retail Ice can be easily transferred to Retail Star, if the basic product is out- grown. BASIC SYSTEM FUNCTIONS SPECIALIZED FEATURES/SERVICES TRACKING/REPORTING INTEGRATION/IMPORT/EXPORT HELP/SUPPORT Read the full review of this product exclusively online at www.CPAPracticeAdvisor.com/10741224 www.camcommerce.com UTC include terminals, fixed and portable handheld scanners, credit card processers and servers, with modular designs that allow for simple scalability if a retailer needs to add new stations. UTC provides full U.S.-based support, from initial planning and business analysis, through system configuration, user training and ongoing technical assistance. Pricing is dependent upon the number of point-of-sale stations within a retailer, as well as the number of locations and specific needs such as warehousing and distribution. www.UTCRetail.com August 2012 t www.CPAPracticeAdvisor.com 11

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