Trak Systems
Trak Systems sells RecordTrak, a turnkey point-of-sale and inventory control software package purpose-built for retail music and record stores, with a BookTrak variant for book stores, delivered as pre-configured hardware plus software with installation, training, and ongoing support.
- Company typePrivate
- Founded-
- HeadquartersAvon, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Trak Systems does
Trak Systems (legally Record Trak LLC) is a privately held, Connecticut-based software vendor that develops RecordTrak, a point-of-sale and inventory control platform purpose-built for retail music stores and record stores. The system combines a menu-driven POS station with barcode scanning, receipt printing, and real-time inventory updates, and pairs it with a merged-database architecture that consolidates album, song-title, and one-stop distributor data into a single index capable of searching 250,000+ titles in under a second. Deep music-industry integrations include SoundScan reporting for voluntary Billboard chart participation and EDI ordering with major music wholesalers using the NARM standard format. A sub-brand, BookTrak, adapts the same inventory control system to book stores and Christian book stores.
The product is delivered as a turnkey bundle combining proprietary software with pre-configured hardware (computer, monitor, receipt printer, cash drawer, barcode scanner), shipped ready to use and accompanied by on-site installation and training on most systems. Revenue is generated through one-time hardware and software license sales, optional add-on modules (Special Orders, Frequent Buyers Club, Used Product Management, Rental, Consignment, Accounts Receivable, Multi-Store, Mail Order/Wholesale), an annual software support subscription, pay-as-you-go emergency support at $125/hour, and third-party equipment financing with 12-48 month leases. The company reaches customers through direct phone and email sales, a website, and quarterly customer newsletters, with no channel partners or marketplace distribution.
Trak is reported to be in use in over 500 stores worldwide, with a stated focus on North America, and operates with a headcount in the 51-100 range. It is a founder/owner-managed LLC with no disclosed institutional investors, funding rounds, parent company, or M&A activity, and it does not publicly disclose revenue.
Trak Systems firmographics
Firmographics- Name
- Trak Systems
- Legal name
- Record Trak LLC
- Website
- https://traksys.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Trak Systems sells RecordTrak, a turnkey point-of-sale and inventory control software package purpose-built for retail music and record stores, with a BookTrak variant for book stores, delivered as pre-configured hardware plus software with installation, training, and ongoing support.
- Ownership category
- akta.pro rank
Trak Systems industry classification
Industry- Product category
- Retail Point-of-Sale Software
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- POS Payment Software & Middleware (Terminal OS, Apps, Device Management) (FSAMADAC)
Keywords
Where Trak Systems is headquartered
LocationHeadquarters
- HQ city
- Avon
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Trak Systems business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales
Revenue model
- Hardware/Software Sales: Complete turnkey systems combining proprietary RecordTrak software with configured hardware including computer, monitor, receipt printer, cash drawer, and barcode scanner. Systems are pre-configured, tested, and shipped ready to use.
- Software Support and Updates: Three months of unlimited software support included with new systems. Ongoing support program offered at additional cost with program updates included. Support provided 5 days per week.
- Emergency Support: 24/7 emergency support available on pay-as-you-need basis for current license holders. $125 per hour for first hour, then 15-minute increments. For emergencies only.
- Equipment Financing: Works with third-party leasing company to provide equipment financing. Payment periods range from 12-48 months with option to own equipment for one dollar at end of lease.
- Optional Software Modules: Additional modules available for purchase including Special Orders, Ordering, Frequent Buyers Club, Used Product Management, Returns, Physical Inventory, Rental, Consignment, Accounts Receivable, Multi-Store, and Mail Order/Wholesale.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | One time/ perpetual license | New System (Complete Turnkey) |
| Subscription | Annual | Ongoing Support Program |
| Usage-based | Pay-as-you-go | Emergency 24/7 Support |
| Other | Multi-year contract | Equipment Financing |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels3 records
Trak Systems product offering
Product offeringCore offering
Trak Systems sells RecordTrak, a turnkey point-of-sale and inventory control software-and-hardware system purpose-built for retail music and record stores. Each system is pre-configured, tested, and shipped with computer, monitor, cash drawer, receipt printer, and barcode scanner, with on-site installation and training included. The platform includes POS, ordering, returns, inquiry, receiving, and reporting modules, plus optional add-on modules for special orders, frequent buyer loyalty, used product management, rentals, consignment, accounts receivable, multi-store operations, and mail order/wholesale. BookTrak is a parallel variant for book stores and Christian book stores.
Product overview
Trak Systems offers RecordTrak, a complete point-of-sale (POS) and inventory control software platform designed specifically for retail music stores. The core RecordTrak system operates as a unified platform with numerous integrated modules including Point of Sale, Ordering, Returns, Trade Slips, Inquiry, Daily Reporting, Analysis Reports, Receiving, Inventory Maintenance, and optional add-on modules such as Special Orders, Frequent Buyers Club, Used Product Management, Physical Inventory, Rental, Consignment, Accounts Receivable, Multi-Store, and Mail Order/Wholesale. Additionally, Trak Systems provides BookTrak as a sub-brand variant for book stores. The company sells complete turnkey hardware/software solutions and provides installation, training, and ongoing support services.
Differentiator
Problem solved
Functional benefit
Brands
- BookTrak: A version of the RecordTrak inventory control system designed to manage inventory for book stores and Christian book stores.
Products and services
- RecordTrak POS and Inventory Control System Point-of-sale computerized inventory control software designed specifically for retail music stores and record stores. Includes computerized cash registers that scan bar codes, print receipts, control cash drawers, and update inventory in real time. Compatible with SoundScan and supports EDI ordering with major music wholesalers and onestops. Includes modules for POS, ordering, returns, video rental, and complete inventory management.
- BookTrak Inventory Control System A version of the RecordTrak inventory control system designed to manage inventory for book stores and Christian book stores.
- RecordTrak Standard System (Turnkey Hardware Bundle) Complete turnkey hardware and software system including computer, monitor, receipt printer, cash drawer, laser barcode reader, and RecordTrak software. Pre-configured, tested, and shipped ready to use with on-site installation and training included.
Quantifiable outcome
- Search speed of less than one second through 250,000+ titles
- +1 more outcomes
Companies that use Trak Systems
Customer profileSegments3 records
Ideal customer profiles4 records
Trak Systems technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature8 records
Trak Systems partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- SoundScancoreRecordTrak is compatible with SoundScan and can submit weekly sales data for Billboard chart rankings. No financial information or pricing is reported. Store participation is voluntary and all data is confidential.
- Major Music Wholesalers and OnestopscoreRecordTrak supports EDI ordering with most major music wholesalers and onestops using industry standard NARM order format. Orders can be sent electronically via modem or network connection.
- Third-Party Leasing CompanyminorTrak Systems works with a third-party leasing company to provide equipment financing options to customers. Payment periods range from 12-48 months with one-dollar buyout at end of lease. One-page application typically approved in 24 hours.
Scale indicators3 records
Recent moves1 record
Expansion highlights5 records
Trak Systems competitors and assessment
Company assessmentDirect peers
- POS Nation: POS Nation delivers turnkey POS and inventory solutions to independent specialty retailers, including hardware bundles, installation, and ongoing support. Its turnkey SMB-retail model mirrors Trak Systems' direct-to-store delivery and support approach.
- Lightspeed Commerce: Lightspeed provides cloud-based POS and commerce platforms for retail and hospitality SMBs, including music and specialty retail. It is the closest broad-line competitor to RecordTrak's specialty-retail focus, but at much greater scale and with a cloud architecture.
- Retail Pro: Retail Pro provides specialty retail POS and inventory management software for boutique and vertical retailers. Like Trak Systems, it focuses on deep inventory workflows and multi-store operations for retail SMBs, making it a closely comparable specialty-retail peer.
- Erply: Erply offers cloud-based POS and inventory management for small and mid-size retailers across multiple verticals. It competes in the same specialty-retail POS category as RecordTrak, with a more modern cloud architecture but less music-industry domain depth.
- Cougar (Amusement Connect): Cougar provides POS systems for entertainment and specialty retail venues, including music and video retailers. Like Trak Systems, it serves niche retailers with specialized inventory workflows, making it a comparable specialty-retail POS peer.
Broad incumbents
- NCR Voyix (Counterpoint): NCR's Counterpoint retail management solution serves specialty retailers with inventory and POS functionality. It is comparable to RecordTrak in serving vertical retail but operates at significantly larger scale across many verticals beyond music.
- Clover (Fiserv): Clover, owned by Fiserv, provides SMB POS hardware and software used across many retail verticals. It competes with RecordTrak for music and book retailers with a payments-and-hardware-led offering rather than music-retail-specific inventory features.
- Shopify POS: Shopify's POS offering integrates with its e-commerce platform and is used by independent retailers including record and book stores. It competes for the same SMB specialty-retail customers but emphasizes omnichannel retail over music-industry-specific inventory workflows.
- Square (Block): Square offers a broad, low-cost POS and payments ecosystem used across many small-retail verticals including music and bookstores. It competes with RecordTrak for the same end customer but with a generalized, cloud-based product rather than music-specialized workflows like SoundScan and NARM EDI.
Others
- Toast: Toast is a leading cloud POS provider focused on the restaurant vertical. While it does not directly compete with RecordTrak in music retail, it is a relevant adjacent cloud POS peer illustrating the modern SaaS architecture and GTM model that legacy on-premise POS vendors like Trak Systems face.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Trak Systems social profiles
Digital presenceTrak Systems financial estimates
Financial estimateRevenue estimate
Valuation estimate
Trak Systems leadership team
Management profileNumber of profiles
Trak Systems funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Trak Systems M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Trak Systems
What does Trak Systems do?
Trak Systems sells RecordTrak, a turnkey point-of-sale and inventory control software-and-hardware system purpose-built for retail music and record stores. Each system is pre-configured, tested, and shipped with computer, monitor, cash drawer, receipt printer, and barcode scanner, with on-site installation and training included. The platform includes POS, ordering, returns, inquiry, receiving, and reporting modules, plus optional add-on modules for special orders, frequent buyer loyalty, used product management, rentals, consignment, accounts receivable, multi-store operations, and mail order/wholesale. BookTrak is a parallel variant for book stores and Christian book stores.
Is Trak Systems a public or private company?
Trak Systems is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Trak Systems founded?
Trak Systems was founded in -1. It employs 51 to 100 people.
Where is Trak Systems based?
Trak Systems is headquartered in Avon, United States, in the North America region.
How does Trak Systems make money?
Five revenue lines are on record. Hardware/Software Sales are the primary driver. The others are software Support and Updates, emergency Support, equipment Financing and optional Software Modules.
Who are Trak Systems's main competitors?
Direct peers on record are POS Nation, Lightspeed Commerce, Retail Pro, Erply and Cougar (Amusement Connect). Broad incumbents are NCR Voyix (Counterpoint), Clover (Fiserv), Shopify POS and Square (Block). Toast is listed as an others.
Does Trak Systems have an API?
No public API is recorded for Trak Systems.
What industry is Trak Systems in?
Trak Systems's product category is Retail Point-of-Sale Software. Its primary akta.pro industry code is FSAMADAC, POS Payment Software & Middleware (Terminal OS, Apps, Device Management). Its SIC code is 7370.