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Summary of IQRetail software from IQ Retail(Pty)Ltd

Brief Description (Provided by Vendor)
In developing business and accounting software, our various systems have their roots firmly embedded in the retail segment of the market.

IQRetail offers a comprehensive range of integrated software that not only competes with the global brands but also, we find, beats them hands down in many functional areas.

IQ Elite is Business/Accounting software which has been developed according to the latest trends in business management and accounting needs. I would like to invite you to download a free demo version of IQ Elite from our website www.iqretail.co.za . IQ is easy to use and has the optional integration to Point of Sale and Payroll modules. (The IQ Elite Inst file is 3mb and is fast and powerful. You will need to login and register as a new user. The files to download are the IQ Elite Installation files and the IQ Spreadsheet. Run the IQEliteInst.exe and the IQ Spreadsheet once complete.)

IQ Enterprise (mid range integrated ERP) is for those companies that have greater demands when it comes to financial reporting and functionality and includes the very best in new business development and company consolidation.

IQ 2000, IQ Payroll and IQ Restaurant and Hospitality are also available.


Contact Information
Website: http://www.iqretail.co.za
Phone: +27 21 8800420

Company founded
1990

Software installs
20000

Size of businesses targeted
Tier1 - Shrink Wrap Market: Retailers that choose software in this category usually range in size of 1 to 20 employees with annual revenue of $0 to $3 million. POS software packages in this tier will cost around $200 to $1,500 for 1 to 5 computer users. The training and implementation of the software is generally done in-house - to keep costs down. You can often find these systems bundled with hardware and sold on the internet.

Tier 2 - Upper Market: Retailers that choose software in this category usually range in size of 1000+ employees with annual revenue of $100 million to $500 million. POS software packages will cost around $250,000 to $1.5 million for 30 to 1000 computer users. The implementation costs are usually 2 to 4 times the cost of the software.

Tier 3 - Mid Market: Retailers that choose software in this category usually range in size of 50 to 1000 employees with annual revenue of $25 million to $250 million. POS software packages will cost around $25,000 to $250,000 for 5 to 200 computer users. The implementation costs are usually .75 to 5 times the cost of the software.

Tier 4 - Lower Market: Retailers that choose software in this category usually range in size of 1 to 100 employees with annual revenue of $.5 to $50 million. These are smaller companies that have outgrown the Tier 5 solution. POS software packages will cost around $1500 to $75,000 for 1 to 40 computer users. The implementation costs are usually .5 to 2 times the cost of the software.

Tier5 - Shrink Wrap Market: Retailers that choose software in this category usually range in size of 1 to 20 employees with annual revenue of $0 to $3 million. POS software packages in this tier will cost around $200 to $1,500 for 1 to 5 computer users. The training and implementation of the software is generally done in-house - to keep costs down. You can often find these systems bundled with hardware and sold on the internet.

Geographic locations supported
Africa
Europe (east, central, and south)
Middle East

Operating platforms supported
Windows

Training offered
On-site training
Classroom training

Database(s) supported
Other Server Based Database
Other Desktop Based Database


Breakdown of the Key Features Supported for IQRetail Latest

* The information for this product was last updated on 4/28/2009.

Point of Sale (POS)
Bar code scanning at the POS
Integrated credit card processing/authorization from the POS  
Ability to issue, track, and redeem gift certificates from the POS  
Customer loyalty card support (ability to swipe and authorize loyalty cards at POS)  
Frequent buyer program support (ability to track points for each customer)  
Issue, track, and redeem gift cards at POS  
Create, track, and view quotes from POS
Integrated gift registry system  
Create work orders (repair/service orders)
Create and track customers (name, address, email, etc)
Track and calculate commissions for each sales person
Marketing promotion & advertising campaign tracking (track promotions at the POS so you can tell which ads pull the best)  
Inventory
Integrated (built in) purchasing
Track inventory by category/classification
Track inventory by department
Track inventory by matrix or color/size tables (at least 250 tables)
Track inventory by serial number
Support kits (allows you to group products together and sell them all at once)
Handle gasoline pricing (to 3 decimal places)
Consignment inventory tracking  
Handle special order tracking  
Automatic purchase order generation based on order levels
Interface to a 3rd party Open to Buy Planning application  
Integrated (built in) Open to Buy Planning module  
Accounting & Bookkeeping
General
Peripherals
eCommerce / Shopping Cart Interface
Restaurant Industry Features


NOTE: You can view 45 additional features of IQRetail and compare this software package to 368 other POS systems in the members area of this site.

To view a full product description of IQRetail software with details of 68 key features supported, POS software comparisons, reviews, and software buying tips... sign up for the POS Software Buyers Guide.








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