Top 9 Reasons Why POS Systems Are Important

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Point Of Sales ERP

In case, you are a retailer who declines to use Point-Of-Sales methodology, it is quite possible that you will be left behind in a world of printed receipts, late night inventory checks, and calculators. As, incorporating technology in business is a MUST to keep the ball rolling, POS systems empower the retailers with the capability to bring their organization into the 21st century. Here’s how:

1.Bring out offers that are affordable to your customers, but still profitable to you!

Applying promotional pricing for items correctly needs an in-depth detail of items and proper analysis. The retailer needs to know which items aren’t moving and just consuming the shelf space. For them, this information is vital for estimating the prices of those items. And, POS system perfectly plays its role here. It not only displays complete inventory information, but also renders the ability to generate deals, offers, coupons, etc. Moreover, it also lets you view their effect on entire sales. Isn’t this much valuable to any retailer? Of course, it is!

Besides, at the heart of the deal is the customer. Sharing customer information across the stores — their purchase history, interests and trends — can let your customers avail the offers across your all stores at different locations. And, POS supports this as well.

2. No downtime

Since data is stored on your computers and not a remote server, you can continue to run your business when your internet connection is down or slow. POS will start working again when your connection comes back.

3. Consistent pricing

Maintaining price consistency across your different outlets is not a big deal with POS. Using POS, retailers have access to the digital database of the products. Through this database, they view and amend the prices, apply special offers, generate discounts, etc. And, this gets automatically applied across all store locations.

4. 24*7 support

Clocking out is not what a business owner can really think of! And with POS, this can be made quite convenient. Being a cloud based application, the owner can check customer analytics, sales, inventory management, and purchase orders anytime and from anywhere.

5. Strong inventory management

It is very important for a retailer to know how much inventory they have, how much is moved out of the store, and how much they need. Traditional approaches to stock management require merchants to physically review their current level of stock on a regular basis. Naturally, this can be a laborious and time consuming process, especially for large scale businesses. Executing this without a POS involves a lot of manual counting and paperwork. More so, a lot of guesswork also at times. But, POS system automates the entire process and does the most of the work for you. What you need to do is: simply scan the barcode, enter the count, and specify the price. And, POS does the rest! It tracks your entire inventory, lets you know what is to be ordered, enables you to create purchase orders and keeps count of the on-hand inventory.

6. Easy returns

POS systems easily retrieve customer product history. So, you can anytime check what a customer purchased, when he purchased and for how much. This simplifies the return process, as and when initiated. Result: create a better business in the long term.

7. More happy customers

Automatic tracking of purchase orders, special orders, and work orders through POS systems saves time shunning delays and mistakes. And, the time saved can be better spent helping their valued customers.

8. No fear of thefts

Retail stores are always vulnerable to employee/customer thefts. And, these losses are quite painful to absorb. Acting as a vaccine, a POS system endows you with a stronger control on your items. The stronger your items are tracked, the less likely they are to be stolen. That is, you relish a well-maintained inventory. And, it is difficult to take advantage of a shop through shop-lifting, sweet-hearting or manipulations with well-maintained and tracked inventory.

9. Accept different payment modes

Different businesses get paid in different ways. Handling which can be cumbersome at times. But, not with POS. It supports all modes of payments whether it be a cash, cheques, or any other online transfers.

Wrapping up…

POS systems make running a retail store much easier than ever. And, Mobile POS by BatchMaster is one example of a complete POS system for retailers, wholesalers and distributors. It includes all the above features to address the needs of retailers up-to-the-mark. So, wait not! Automate, secure, simplify, accelerate and grow your business with a POS that’s built specifically for your business. Incorporate {BatchMaster POS} in your retail store and let all the complexities make an exit.