Simplify your business
Point of Sale systems simplify everyday business transaction by creating automated reports, tracking both sales and customer interactions while monitoring inventory. There are multiple types of Point of Sale systems that can be configured to your exact business needs. Let’s break down some of the most important reasons why people are changing from a standard cash register to a fully integrated POS system.
Inventory management
There are multiple ways that POS platforms can help with inventory management. Many POS systems include options to:
- Import new products
- Buy from online catalogs to restock
- Add multiple variants of certain products
- Complete vendor purchase orders
- Import serial numbers or categorize items
- Create work orders, special orders, or layaways for customers within the system.
- Ecommerce drop shipping
Overall, many POS systems track and organize inventory in an automated and cloud-based system. With a few clicks, you can see exactly how much inventory you have and even keep ordering your most-loved items on a defined schedule.
Sales Tracking
POS systems are centered around sales tracking. These systems take your cash register from the stone age to the newest technology available for business owners. Track every transaction that happens within your business in one easy-to-use application. If you have multiple stores, you can connect the POS systems together to ensure every sale is tracked across each location.
Analytics
POS System show the analytics of how your business is performing. You no longer need track by hand or guess how much of each product is being purchased. With the analytics features built into your POS system, you have every insight you need about your business at your fingertips in real-time.
Payment Process Capabilities
One of the best and most used features of the POS Systems is the payment process capabilities. With small or large businesses, this feature opens the types of payments you can receive. Your business will no longer have to tell a customer you can’t accept the type card they’re attempting to purchase your products with.
Tracking
The tracking feature is perfect for businesses who need to track numerous different aspects within their business.
- Employees time in and out
- Recording methods of payment
- Calculating cash due for sales
- Creating sales reports
- Tracking the number of items being sold
Customer Management
Customer relationship management is the most important aspect of a business, and POS systems can help nurture those relationships. If you don’t have a CRM system, a POS system can build one for you. You can also take this opportunity to create a reward program for your customers. Almost every successful business has a rewards program, which keeps customers loyal and happy. POS Systems also make it possible to offer gift cards too. Both have huge possibilities to increase your daily revenue exponentially.
Do what makes sense for your business
There’s an extensive amount of Point of Sale systems available for your business. Ask yourself what types of features your business would benefit from the most and make SMART goals. Cash registers are a thing of the past, help your business grow with a POS platform that is right for you.
We key our cards to nearly all POS systems across the globe, some of those options include lightspeed, revel, oasis, toast and exacta. If you would like suggestions for leading POS providers to start your research with, we would be happy to provide some options for you so you can find the best fit for your business.
