Today businesses are increasingly adopting POS systems, and one of the most obvious and compelling reasons is that a POS system does away with the need for price tags. Price to sell is here directly linked to the product code of an item when adding the stock, so the cashier merely needs to scan this code to process a sale.
Even when there is a price change, this can also be easily done through the inventory window. Other advantages of a POS System include the ability to implement various types of discounts, a loyalty scheme for customers, and more efficient stock control.
- Best for small business owners
- All-in-one with a Built-in printer
- Easy plug and play
- Wireless design
- Best suited for Retail Stalls in malls, Food Trucks, To-go restaurants, etc.
Features of POS Software:
- High and consistent operating speed
- Ease of use
- Low cost, and rich functionality
- Billing and Invoice
- Capture payment details such as cash, K-net, Visa, Mastercard, etc.
- Stock Keeping
- Integrates Accounting and Inventory
- Single software to manage your accounting, inventor, and POS billing
- Wide range of insightful business reports
- Accounts receivable and payable management
Benefits of POS Software for Business:
Ease of use:
It’s user-friendly mainly due to its graphical interface.
Sales information entry:
It allows you to enter inventory code either manually or automatically via a bar-code scanner. Once the inventory code is entered, the system calls up the standard or sales price, computes the price at multiple quantities, and provides a running total.
To update product information:
Whenever a sale is entered into the System, it automatically updates inventory and accounts receivable records
To track sales:
Different businesses get paid in different ways. For example- repair or service shops often keep invoices open until the work is completed, so they need a system that allows them to put sales on hold.
The POS software also helps to generate POS Invoices with the Date and Time of the transaction.
Cash, K-net, Visa, and Mastercard Transactions:
The customized POS system eases Cash and K-net, Visa, and Mastercard transactions and allows multiple modes of payment for a single invoice.
Tendering exchange amount:
The POS software helps to track balances to be returned to buyers from the money tendered.
Bar Code Scanning:
It also facilitates bar code scanning of SKUs (or items code).
Reports for sales promotion:
Enables quantified tracking of sales promotions.
Re-ordering and Stock level maintenance:
Provides access to inventory levels and provides the option of quickly matching inventory with floor counts.
It has a supporting hand in improved productivity and thereby revenue due to faster, reliable, and speedy process of sale points.