LS Central | Retail POS Software | All-in-one retail management system (2024)

Product tour

Run your whole retail business with one software platform

Point of sale

  • Point of sale
  • Loyalty
  • Replenishment
  • eCommerce
  • Analytics
  • ERP
  • Staff

LS Central | Retail POS Software | All-in-one retail management system (1)

Point of sale

Transform your POS terminal from a simple sales device to a sales assistant.

Close sales, see product details and inventory availability, order items, suggest product recommendations, and deliver personalized service directly from your POS terminal. Spend less time training staff thanks to the highly intuitive graphical interface and familiar Microsoft environment.

  • Run the LS Central POS on your favorite computer, tablet, or mobile device. With a SaaS-based POS, you don't have to worry about interruptions to your sales as it will also work offline, even if the internet goes down.
  • Use the clienteling mode to give highly personalized and engaging sales advice. Browse products across all your store locations and warehouses and order items for customers straight at the POS.
  • Offer a number of self-checkout options depending on your business needs. Select a combination of traditional checkout tills, self-scanning systems, and self-checkout terminals that best fits each of your stores.
  • Offer contactless shopping with the ScanPayGo app. Customers can use their mobile device to self-scan items in store and pay on the app or at a register. On the app they can also check their order history, see and spend loyalty points, create shopping lists, and more.
  • Offer appointments, reservations, and personalized services in-store and online. With the add-on Bookings for LS Central you can manage reservations and bookings, schedules, and resources within the same system you use to manage your retail sales.
  • Source out of stock items from another store location, from your warehouse, or from a vendor directly at the POS. You can also give your customers the option to collect items at any of your stores, at a drop-off locker, or have it delivered at home.

LS Central | Retail POS Software | All-in-one retail management system (2)

Loyalty

Build customer loyalty and retention by obtaining a single view of each customer, whether they interact with you online or in-store. Personalize your offers and recommendations to create a more engaging shopping experience and let powerful AI analytics help you figure out what customers might like based on their profile.

  • Create a customized full-featured loyalty program with rewards, incentives, and campaigns that fit your business. Set rules on how to collect and spend points. Create ad hoc offers for specific channels, customer groups or locations.
  • Segment customers based on their habits, interests, and history. Discover which offers your customers redeem to improve your marketing efforts and optimize inventory. Spot trends, identify micro-segments and anticipate demand. 
  • Optimize omni-channel experiences. No matter if your customers shop in your physical stores or online, you can track their spending and preferences, and send personalized offers accordingly.

LS Central | Retail POS Software | All-in-one retail management system (3)

Replenishment

Simplify your inventory operations by gaining real-time visibility into sales and stock across your whole company. Prevent stockouts and maintain optimal assortment in all your physical and online stores with minimal effort thanks to a mix of manual and automated replenishment tools. You also reduce the risk of out of stock and overstock situations, saving you both time and money.

  • Set up automatic replenishment with sophisticated calculations to forecast your stocking needs. Minimize handling and transport costs using thresholds. Ensure shelves never look empty with “display stock” thresholds. Use budgets to set automatic replenishment functions. If you are a retail chain, you can easily calculate replenishment across legal entities. 
  • Use allocation planning to manually distribute stock across your stores. You decide the strategy; LS Central uses sales history data to help you manage your inventory and allocate stock, calculating the most optimal distribution across your retail chain based on allocation rule (using sales history to calculate quantity) or variant weight curve (the most effective mix of sizes, colors, models, etc.).
  • Access real-time data to redistribute stock among stores based on capacity, assortment, seasonality and more. Find areas of demand in your retail chain and optimize stock transfers to minimize overstocking. Define the physical space available per department, section, down to shelf level and set a capacity goal for each product group. Then let LS Central do the rest. 
  • Set sales and purchase budgets and use them for open-to-buy planning to help you reach your sales goals. Budget on different levels – top-down, bottom-up and middle-out – copy data over to GL budgets, and more. Then use all this information to plan and purchase stock to fulfil your future sales plans. 
  • Get an instant, clear view of inventory that’s available across the company. Carry out store inventory processes on handheld devices, including goods receiving, adjustments and transfers, and optimize the in-store item assortment. Track how often out-of-stock situations occur, for how long, and much more. 
  • Track status, current and estimated end-of-season stock levels and other KPIs during each item’s lifecycle and take actions to maximize sales. Keep track of how often out of stock situations occur and how long they last per item, variant, location, and day level. Spot if your vendors are delivering on time and at the right price.

LS Central | Retail POS Software | All-in-one retail management system (4)

eCommerce

Deliver a consistent shopping experience online and offline from one common backend environment. All your information, from real-time stock availability, to personalized recommendations, to special offers and promotions, is collected and managed in one database, flowing seamlessly and automatically for a true omni-channel experience at any touchpoint. 

  • Sync inventory, prices, orders, and customer data across all channels in-store and online with zero extra effort and 100% accuracy. And keep your data safe with a secure backup in the Microsoft cloud.  
  • Enjoy out-of-the box integrations to Adobe Commerce (Magento) and Shopify. Experience seamless communication between channels with zero effort, no costly integrations, and no time wasted. 
  • Let your customers decide how, where, and when they want to order and receive their purchases. Offer click & collect, delivery, cross-channel returns, and other convenient options that customers demand.  

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Analytics

Prevent losses and reduce shrinkage with a meaningful, actionable view over your business’s key financials. See and keep track of your business’s performance and use AI-powered analytics to make timely decisions based on reliable, real-time information. You can even personalize dashboards and reports so that they only show information that matters to you or to specific job roles. 

  • Monitor your KPIs in real-time with a personalized business intelligence dashboard. See your top selling items and slow-moving items. Track and compare productivity per period, employee, store, and area. Let the AI find patterns you wouldn’t have spotted, and more. 
  • Enjoy the benefits of Analytics for LS Central, a cloud-based business intelligence suite powered by Microsoft Power BI that gives you access to historical sales and sales budget data. No need for in-house data analysts or for special hardware. All you need is 2+ days of deployment time – that’s it.
  • Keep a single version of the truth when you have consistent, updated data from all your stores and accessible from any browser. Perfect for remote workers too. Share insights and reports with specific users, know what sells and what doesn’t, compare locations, and set alerts for specific KPIs.

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ERP

LS Central extends Microsoft Dynamics 365 Business Central, one of the top ERP solutions in the world. Manage several crucial processes, including accounting and financials, inventory and supply chain, human resources, customer relationship management (CRM), and enjoy additional advanced retail functionalities (like POS, loyalty, eCommerce and more) all in one unified software solution. Make data-driven decisions, improve collaboration, boost productivity, and make your retail business run smoother. 

  • Work within a single, consistent environment with the same user experience, where data flows seamlessly and automatically. Enjoy the benefits of the whole Microsoft 365 suite and expand your functionality easily with apps from the Microsoft AppSource marketplace.
  • More easily manage your financials and budgeting. Simplify and speed up financial closing and reporting with integrated accounts receivables and payables. Track your costs, revenue, and profit with general ledger (GL) and account schedules reporting.
  • Gain more control of your sales and marketing. Manage the sales process, from opportunity and lead management to creating sales quotes and invoices, within the Microsoft suite. Maintain a clear and connected overview of agreements, customers, and service operations. 
  • Maximize profitability across purchasing, manufacturing, and warehouse management. Engage with suppliers in the most cost-effective way, optimize your storage facilities and picking process, manage bills of materials, and produce within your supply and capacity constraints. 
  • Manage permissions, and let users access only specific information and operations. Assign roles, so each employee can easily access the functionality that matters to their job. Customize the interface to fit your business processes and extend the solution with apps.
  • Enjoy the benefits of the cloud. View your information on the go on your favorite Windows, Android, and iOS devices. Only access data that matters to your business role. Store and transmit your data safely within your enterprise through the Microsoft datacenter encryption. 

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Staff

Ensure your employees are well-equipped to handle store routines based on their job title or role and that your store is always properly staffed. Distribute employee schedules while taking into consideration costs, expected flow of guests, as well as employee vacations and sick days. Oversee and approve timetables, manage costs, and always make sure they’re on track compared to budget.

  • Easily transfer employees between departments in your store without needing to train them on a different system. When you use a single system like LS Central, you only need to train employees once on a simple to use interface, which also helps you train them faster.
  • Identify peak shopping hours and schedule staff accordingly. The system helps you plan the optimal number of employees in each role per day, location, and shift. Use sales history, warehouse activity, and predicted traffic to forecast staffing needs.
  • Define staff permissions for sensitive operations like returns, selling over discount limits, and more. The system will also help you prevent losses by analyzing all transactions and alerting managers when it matches a pre-defined trigger.

LS Central | Retail POS Software | All-in-one retail management system (2024)

FAQs

What is LS Retail POS? ›

LS Central is the leading, unified POS software solution. It enables you to effectively manage retail stores, restaurants and hotels using one centralized software platform. It connects points of sale (POS) and the areas of finance, inventory management, e-commerce (e-commerce platform) and many others.

What is all in one POS system? ›

The term "all-in-one POS" refers to a Point of Sale (POS) system that integrates various functionalities into a single platform or device. All-in-one POS solutions offer retailers a convenient and efficient way to streamline point-of-sales operations.

What is the average cost of a retail POS system? ›

How Much Do POS Systems Cost? Most POS systems cost between $50-$150 per month, with the absolute top range being around $400. This fee typically covers the cost of using the provider's POS software, although it can sometimes include one hardware kit (countertop terminal and card reader, for example).

Is LS Retail an ERP system? ›

Retailers might use a unified software solution such as LS Retail ERP that integrates websites, applications, third-party applications, etc., and provides a convenient shopping experience.

Is LS Retail owned by Microsoft? ›

Since 2021, LS Retail is part of the Aptos group of companies, where we operate as an independent unit. Aptos, and LS Retail, are owned by the Merchant Banking division of Goldman Sachs, one of the largest managers of private capital globally.

How do you use a retail POS system? ›

To use a retail POS, you simply need to scan the barcode of a product or log it into the till. Then, once the order is placed, you can take the payment and finalize the transaction. If you choose to utilize its additional functions, how you use them will depend on the needs of your business and your chosen software.

What is the difference between POS and POS system? ›

A point of sale (POS) is a place that allows you to sell, accept payments, and process customers. The term “POS System” is used to record your payments on registers. But today, most POS systems are software-based and can be used on any tablet or phone.

What are the two 2 most common operating systems for POS devices? ›

The two most common operating systems for POS devices are:
  • Microsoft Windows: Widely used in various POS systems due to its compatibility with a range of hardware and software options.
  • iOS: Particularly popular in tablet-based and mobile POS systems, known for its user-friendly interface and robust security features.

What are the four types of POS systems? ›

The best types of POS systems for retail
  • Counter POS systems. Similar to in-store POS systems, these take payments, read cards, print receipts, track inventory, and streamline operations.
  • Tablet POS systems. ...
  • Card and chip reader POS systems. ...
  • Touchscreen POS systems.

Do all POS systems have monthly fees? ›

POS systems can have a one-time purchase cost, monthly subscription fees or be free to use. Hardware costs are typically one-time expenses for mobile card readers, store register systems and other payment equipment.

Do you pay for a POS system one-time or do you pay monthly? ›

The cost of a POS system is from $0 per month for a subscription and around $2,000–10,000 for a one-time payment model. The average cost of a POS system can vary depending on its license type. Many providers offer subscription licenses, requiring recurring fees for software usage.

What POS system is the cheapest? ›

#1. Square POS: Best for Cheaper Monthly Rates. Square is an attractive option with a free subscription and a streamlined interface. It offers accessibility to startup businesses with low initial investment and financial burden for merchants.

Where is LS Retail based? ›

Headquartered in Iceland, the LS Retail community of employees, partners, and customers has grown worldwide.

What is LS Business Central? ›

LS Central is a unified commerce solution built on Microsoft Dynamics 365 Business Central, primarily for the retail and hospitality industry. It helps manage your business, both at the front end [Point-of-Sale (POS), inventory, merchandising, and e-commerce] as well as back-office functions.

Is QuickBooks considered an ERP? ›

Is QuickBooks an ERP System? No, QuickBooks is a type of accounting software mainly used by small and medium-sized businesses to handle the financial aspects of running a company. You might use QuickBooks to manage sales and income, run payroll or prepare for tax season.

What is POS retail transaction? ›

A POS or “Point of Sale” transaction is a purchase made with your Visa debit card and you are required to enter your PIN on a keypad. POS transactions post to your account immediately. On your statement, a POS transaction will show the amount and the address (and sometimes) the name of the merchant.

What is POS on my bank account? ›

What does POS mean on a bank statement? POS in banking means that you use your debit card to purchase at a point of sale (POS) location, such as a store's cash register or POS system. In addition, POS on bank statements is the transaction type labeled “POS”.

What is LS on a contract? ›

"Locus Sigilli," Latin for the place of the seal, denotes the area on a contract where the seal is to be affixed. 1. By the 19th century, embossed or impressed seals, and the use of the initials L.S., replaced wax seals in most jurisdictions.

What is POS in retail terms? ›

Point of sale (POS) software is used to take in-person payments. Retail POS systems offer functionality that helps retailers manage their inventory, provide business reporting and analytics, manage customers and employees, and integrate with other software systems to help run the business.

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