About Moneywell

Moneywell is a cloud-based point of sale (POS) software designed for pawn shops, consignment and thrift stores, scrap yards, gun shows, and more. The platform offers a range of features for managing loans and redeems, sales, inventory, cash drawers, employee activity, and reporting.

With Moneywell, users can calculate loans at any time, along with principal balance reductions, partial payments, nontaxable service fees, interest charges, and forfeit dates. Hardware integrations allow users to print barcodes and item labels, manage cash drawers, scan state IDs and driver’s licenses with magnetic or 2D-barcode scanners, and capture customer signatures and fingerprints. Customer information, pawns, sales, and payment histories are all stored in the customer database.

Moneywell automatically notifies users of upcoming sales, item availability, and payments due for layaways by email or SMS. Inventory, layaways, turnover, cost of goods sold, and profit margins are all tracked automatically, and all transactions and alterations are logged and archived. Employee activity can be monitored, and users can set permissions for owners, store managers, employees, and other roles. Moneywell generates end-of-day reports for balancing cash drawers, and produces a range of spreadsheet-compatible reports covering sales tax, cost of goods sold, and more.

Key benefits of Moneywell

• Moneywell allows users to manage single or multiple cash drawers in a single store, and generates end-of-day reports for cash drawer balancing.

• The software monitors activities and enables the setting of permissions for store managers, employees, owners, and other users.

• Notifications are delivered via email or SMS to alert users to upcoming sales, layaway payments due, or items availability.

• The software combines duplicate customers, and prints demographic reports so that users can learn more about their customers.

• All transactions are logged and archived, including any alterations.

Devices

Business size

S M L

Markets

United States

Supported Languages

English

Features

Total features of Moneywell: 48

  • Access Controls/Permissions
  • Accounting
  • Activity Tracking
  • Alerts/Notifications
  • Archiving & Retention
  • Availability Indicator
  • Barcode / Ticket Scanning
  • Barcode Printing
  • Billing Rate Management
  • Biometrics
  • Cash Management
  • Categorisation/Grouping
  • Compliance Management
  • Customer Database
  • Customer History
  • Customizable Categories
  • Data Capture and Transfer
  • Deadline Management
  • Demographic Data
  • Document Imaging
  • Duplicate Detection
  • Email Alerts
  • Email Management
  • Historical Reporting
  • Inventory Management
  • Inventory Tracking
  • Label Printing
  • Loan Management
  • Mobile Alerts
  • Monitoring
  • Partial Payments
  • Payment Tracking
  • Point of Sale (POS)
  • Police Reporting
  • Price / Margin Management
  • Profitability Analysis
  • Receipt Management
  • Reminders
  • Reporting & Statistics
  • Role-Based Permissions
  • SMS Messaging
  • Sales Reports
  • Search/Filter
  • Serial Number Tracking
  • Summary Reports
  • Transaction History
  • User Management
  • Vendor Management

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PawnMaster

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RepairQ

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PawnMate

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#4 Alternative to Moneywell
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Reviews

Overall rating

5 /5
(2)
Value for Money
5/5
Features
5/5
Ease of Use
4,5/5
Customer Support
5/5

Already have Moneywell?

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Showing 5 reviews of 2
Travis W.
Overall rating
  • Industry: Online Media
  • Company size: Self Employed
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Get this if you want financial freedom!

Reviewed on 2019/09/07

My overall experience using MoneyWell has been wonderful. I like having financial freedom.

My overall experience using MoneyWell has been wonderful. I like having financial freedom.

Pros

I like being able to manage my finances. It helps keep me from overspending by using proactive budgeting techniques. It helped me take control of my finances and to have financial freedom. Let me tell you this is amazing.

Cons

There is nothing I dislike about MoneyWell. It does its job and that means a lot to me. Everyone should give this a try.

Response from Moneywell.biz

Thank you for your support. We are always working to make our product better.

Paul T.
Overall rating
  • Industry: Financial Services
  • Company size: Self Employed
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Different take than all other personal financial software

Reviewed on 2017/07/13

Cash based financial management; quality budgeting. Don't have to ever use Quicken again!

Cash based financial management; quality budgeting. Don't have to ever use Quicken again!

Pros

It is based on the "envelope method" of budgeting. instead of envelopes though they use buckets. They also have an unusual take on budgeting. Place in the events that you do and the frequency you do them and let them build the budget for you.
I have used this software for several years now and it has helped me get out of debt live financially with a cash mindset while utilizing the power of modern day money.

Cons

The software lagged for a bit a couple years ago, but a new owner purchased the company and has been doing regular updates to the product.
It is Mac only - not a problem for me, but maybe for you.

Moneywell FAQs

Below are some frequently asked questions for Moneywell.

Moneywell offers the following pricing plans:

  • Starting from:
  • Pricing model: Subscription
  • Free Trial: Available

We do not have any information about Moneywell features

Moneywell has the following typical customers:

2-10, 11-50, 51-200, 201-500

Moneywell supports the following languages:

English

Moneywell supports the following devices:

We do not have any information about what integrations Moneywell has

Moneywell offers the following support options:

Email/Help Desk, Phone Support, Chat

Related categories

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