If your business still uses an Electronic Cash Register (ECR) and a credit card terminal, at some point you’ve probably considered upgrading to a complete Point of Sale (POS) system. However, if you’ve been hesitant in the past, there’s no better time than now to upgrade. POS systems are easier to use and more cost-effective than ever before.
A point of sale system, or POS, is the place where your customer makes a payment for products or services at your store. Simply put, every time a customer makes a purchase at your store, they’re completing a point of the sale transaction.
Logical Learning India brings the new cutting edge POS system with Android Operating system and a delightful touchscreen beside the utility of a composite printer, Scanner, and QR code reader beside ports that enables Bar codes to be read, LAN to be used beside a Wireless connection or external displays to be installed. FABPOS series systems are made for your inventory control besides billing with customized prints and SMS for your customers.
With a POS system, you’ll see benefits in every area of your business, not just at the checkout. It’s time to toss that clunky cash register to the wayside and opt for these 5 points of sale advantages you can count on to grow your business.
1. Increased Efficiency
When your cashiers have the right tools to support how they work, your operation will run more efficiently. You can’t expect a carpenter to build a house without a hammer and nails, right? So don’t expect your employees to decrease checkout times if you’re not giving them the right tools for the job — a barcode scanner and a POS system.
2. Ease of Use
As the days of analog technology continue to fall further out of use behind us, so do cash registers. Today, everything is digital, and everything is touchscreen. Navigating a touchscreen has become second nature to practically all of us. With an intuitive interface, POS software is simple for employees to learn, which will result in shortening training time and help them to be more productive overall.
3. Expanded Payment Capabilities
Point of sale advantages also includes the ability to readily accept diverse payment types including EMV chip cards, contactless payments (NFC), and mobile wallet payments such as Apple Pay, Android Pay, and Samsung Pay. By enabling your customers to use different payment types, you can increase revenue as well as customer satisfaction. In fact, a recent survey found that 44 percent of respondents prefer to pay using debit cards, and 33 percent favor using credit cards as their preferred payment method. That means cash is slowly losing its reign as king and there’s a new queen in town — plastic.
4. Greater Accuracy
A point of sale system with an easy-to-use, touchscreen interface puts all the information your sales associates and cashiers need at their fingertips. It eliminates manually keying in items and prices like you would with a cash register. Point of sale technology improves accuracy throughout your entire operation, with real-time data. Eliminating the need to upload or enter data into back-office systems — minimizing the risk of human error.
5. Inventory Management
Unlike a cash register, point of sale technology includes advanced inventory management capabilities. From tracking a product’s quantity-on-hand to setting up reorder triggers and a retail matrix, POS software is going to save you hours of inventory management each week. And the best part is your POS system will also give you real-time inventory data—something that even the best cash registers cannot do.