About Us

IQ Retail (Pty) Ltd | Company Profile

IQ Retail (Pty) Ltd is a software development company that provides expertise in complete financial and business administration solutions.  IQ Retail has been active in the development of business systems specialising in the accounting and retail management environment since 1986.  In this highly competitive market, IQ Retail has grown to become one of the premier providers of innovative and strategic business solutions.

Mission statement

  • Maintain a high standard of quality in the development of all our software products.
  • Provide service and support to all our clients and resellers.
  • Ensure, to the best of our ability, that the software complies with all legal and government requirements and is developed in accordance with Generally Accepted Accounting Practice (GAAP)

Our customers

Customized systems implemented include Retail Point of Sale systems for:

  • PEP (1200 stores),
  • Ackermans (450 stores),
  • Cash Converters (60 stores),
  • Build It (Division of Spar) (350 stores),
  • PostNet (200 stores),
  • Klein Karoo Co-op (300 terminals, 50 subsidiary companies),
  • Friendly 7 Eleven (various), Bandag, Mr Overall
  • Mica Hardware
  • Essential Hardware
  • DIY Depot
  • ICC Group
  • Seardel
  • Supa Quick
  • Hi-Q
  • Dunlop
  • Poco Homeware Megastore
  • Pennypinchers
  • Timbercity
  • PNA Stationers
  • P&L Hardware
  • Interstat Stationery
  • Thomas Tyres

As well as in excess of 20,000 users in other service and retail businesses worldwide.

Our Products

Our solutions are fully integrated from POS through to General Ledger with the business sites ranging from complex 250+ store sites to single site businesses, with basic accounting and business process needs. Our software fits into all the major sectors of the market. We offer true retail integration and we are seen as one of the leading fully integrated systems in our base country, South Africa. We currently also have a user base in other parts of Africa, Australia and in some European countries.

IQ Retail also specializes in developing custom/bespoke systems to meet the specific needs of corporate clients and franchise stores.

We offer a comprehensive range of integrated software that not only competes with the global brands but also, we find, beats them hands down in many functional areas.

  • IQ Business is Business/Accounting software which has been developed according to the latest trends in business management and accounting needs
  • IQ Enterprise (mid range integrated ERP) is for those companies that have greater demands when it comes to financial reporting and functionality and includes the very best in new business development and company consolidation.
  • IQ 2000, IQ Payroll and IQ Restaurant and Hospitality are also available.
  • IQ Free POS and IQ POS for those who are only in need of a Point of Sale system.


Various well known packages have been developed by the IQ Retail development team. The success of the IQ range of Software has been based on its simplicity and stability. Extensive features and specialized modules for specific industries make the software suitable for a wide range of businesses.

BEE Status

IQ Retail has attained a BEE Recognition Level of 50% as a Level 7 Contributor.