Move your business forwards with a POS system that includes features such as mobile payments, inventory data and analytics. Review the top POS companies below.
There are many reasons why any business could benefit from switching to a POS solution. One of the best reasons is for accounting purposes. While a traditional cash register means sifting through and submitting hundreds of receipts, a Point of Sale solution allows you to simply hand over automatically created reports to your accountant, or search for a specific transaction by date or product.
Inventory features are also a huge plus that POS systems have over traditional cash registers. Most POS solutions allow you to manage inventory, often linked to your online store. Not only does this provide real-time data, but it allows you to track your best sellers and re-order before your stock gets dangerously low.
POS solutions are proven to create less errors than cash registers, with built-in checks to stop manual errors when typing in a transaction, and a more user friendly design. This is especially true for younger staff who are used to tablet devices. They allow you to sell quicker and with greater efficiency. Repair costs are generally reported to be much lower.
In short, Point Of Sale equipment can lower the cost of doing business while improving productivity at the same time.
While many POS companies argue that their devices are suitable for any business with a product or service, POS companies are most popular for the retail and restaurant industries.
If you work in retail, a POS system will provide a comprehensive inventory management tool that will sync between devices. This is especially important if you have more than one staff member using the software or if you have an online store. Email receipts, onscreen signing, and matrix product data, which allows you to easily add the same product in a number of sizes or colors, are all extra features which many POS solutions offer. Just be sure to be as comprehensive as possible when looking for the best POS system for retail business.
For restaurants, you can equip your staff with POS devices which allow them to take orders tableside and then send them directly to the kitchen wirelessly, utilizing a cloud POS system. As a manager, you can organize your layout table by table, seeing at a glance which staff member is responsible for which section. Staff management functionality lets you keep track of shifts and employee timekeeping. Many companies have niche functionality for a subsection of the restaurant industry. Examples include powerful bar tab functionality for bars, pubs or clubs and bill splitting for quick serve cafés. Do a thorough search to find the best POS systems for restaurants.
The right POS system should provide you with all the latest ways to take payments, including chip cards and mobile payments such as Apple or Android Pay. You can also utilize in-depth reports and analytics for marketing and efficiency.
Our experts have reviewed the industry leaders in Point of Sale, and ranked them by features, design, pricing and ease of use to help you make the best decision for your business needs. Take a look at our in-depth comparison chart to get started.
courtesy of top10bestpossystems.com