June 8, 2012
Intuit has integrated its mobile payment processing application GoPayment with the latest version (2003) of QuickBooks Point of Sale (QuickBooks POS) software. The two solutions will now be able to communicate with each other, syncing both inventory and financial data from PC to mobile or vice versa.
QuickBooks POS software is designed for small retailers as tracking and management tools they need to effectively run their business. Retailers can track inventory and set automatic re-order points, manage customer's contact information and send personalized emails and gift cards, access business reports to get unique insight into how the business is doing, track employees' hours and pay commissions, and manage and monitor business results for up to 20 stores from one location.
Intuit GoPayment launched back in summer 2009, and now competes with Square and many other light POS solutions.
A free GoPayment app comes with a card reader which plugs into the audio jack of an iPhone, iPad and iPod Touch as well as popular Android devices. Users can then swipe a card to process a payment, send an email or text receipt with a map of where the transaction took place, and automatically charge the correct sales tax using geolocation.
Sales and inventory data from GoPayment integrates with QuickBooks Point of Sale, storing all current sales and inventory data in one location. Users can also automatically populate inventory items within QuickBooks Point of Sale into the GoPayment app, eliminating the need to do it manually.
By integrating QuickBooks Point of Sale with GoPayment, Intuit is trying to liberate retailers from their cash registers so they can better serve their customers and ring up more sales both in the store and on the go.