Professional Services
Best POS Systems for Consulting Firms
Consulting firms need professional invoicing that reflects their brand. The right system handles project-based billing, retainer agreements, and milestone payments while integrating with time tracking and accounting software.
Common Challenges
•Project-based billing
•Retainer agreement management
•Time tracking to invoice workflow
•Professional invoice appearance
•Multiple client/project tracking
•ACH for large invoices
•Expense reimbursement billing
Must-Have Features
- ✓Professional invoicing
- ✓Recurring billing for retainers
- ✓ACH bank transfer support
- ✓Project/matter tracking
- ✓Payment reminders
- ✓Basic reporting
Nice-to-Have Features
- ○Time tracking integration
- ○Expense billing
- ○Client portal
- ○Proposal to invoice workflow
- ○Multi-currency support
Top Picks for Best POS Systems for Consulting Firms
Frequently Asked Questions
Should consultants use a POS or invoicing software?
Most consultants don't need traditional POS hardware. Invoice-based payment solutions (Square Invoices, FreshBooks, QuickBooks) work better. Focus on professional invoicing with ACH and card options.
How do I handle retainer billing?
Set up recurring invoices for monthly retainers. Client's card on file charges automatically. For variable retainers, send invoices manually based on hours used.