What can a modern POS system do for your business?
Pos system is increasingly valuable, especially in commercial retail, so what can it do in your business.
Product reporting will help you better manage your stock and find opportunities for growth. Target poorly performing products for improvement or removal, and enact campaigns for the most popular ones.
User accounts and permissions
Your staff doesn’t need access to everything. A POS system with user accounts and most importantly, permission settings will enable employees to perform their duties without you having to worry about them stumbling onto sensitive information.
Mobile hardware, Android and iOS applications, and handy mobile features like bill splitting, Apple and Google Pay compatibility, and receipt emailing can all make it easier for mobile and small businesses to satisfy customers and increase turnover.
Customer facing display
For retail businesses, this is considered indispensable, and there are many options out there. Modern customer-facing screens are a great opportunity to inform customers and promote campaigns, all while providing a smooth and transparent transaction experience
Customer Relationship Management
An umbrella term for a host of features and functionalities, CRM enables you to build better and more productive relationships with customers. Contact details and payment history, for example, can be used to keep customers informed of new products that may interest them.
Employee tracking and reporting
Streamline your daily operations with built-in employee clock-in and clock-out capabilities, and find opportunities for employee growth with reporting. Reward high performers and enact training when necessary.
A good stock management system can help you save costs and streamline operations. Many POS support multi-location stock management, enabling you to more quickly respond to stock problems or respond to customer requests.
Included in CRM but still worthy of mention are loyalty programs, which many businesses have used with great success to boost sales and maintain customer involvement. A POS with strong loyalty program capabilities, as well as the ability to process gift cards, can be well worth the money.
Getting started with a new POS doesn’t have to be a headache. POS systems that support bulk operations through CSV import, for example, or integration with third-party apps, will greatly simplify the process.
If you're looking for advice about POS systems for specific type of business, then take a look at our our website.