Intuit, Revel Systems developing QuickBooks POS

Intuit Inc. and Revel Systems are partnering to launch QuickBooks Point of Sale powered by Revel Systems, a new Online iPad point-of-sale solution that works within the QuickBooks ecosystem. The product will launch in early 2015.

The new offering automatically syncs sales, payments, inventory, CRM and payroll data to QuickBooks. 

"This is all about giving retailers maximum flexibility to accept payments and manage customer relationships anytime, anywhere, while staying grounded and confident because they can always access an up-to-date and accurate picture of their books," said Eric Dunn, Intuit’s senior vice president for payments and commerce solutions, in a company press release. "QuickBooks Point of Sale powered by Revel Systems brings together the benefits of two leading cloud solutions to deliver an even more powerful result for food and retail businesses."

Features will include:

• Intuitive iPad Interface
• Integration with QuickBooks Online: sales and payments data will automatically be entered and categorized in QuickBooks Online, eliminating manual reconciliation. The integration will be available for new and existing QuickBooks Online customers.
• Remote Access 
• Always On Mode: Retailers can continue to accept and sync payments to sales and inventory reports even if their Internet connection is slow or completely down.
• Advanced Inventory and Reporting: Provides detailed sales numbers, product sales reporting, item discount tracking and comprehensive history of all orders.