Why use a Point of Sale system to manage my business?
If you're a veteran retailer, you know the problem: Your stock doesn't match your sales. Sales are going unrecorded. Your staff is spending far too much time chasing mistakes instead of tending to customers.
A focal point of any hospitality business is the cash register. The ability to process transactions and tender cash are essential to the efficient operation of your business. If you have a lot of cash transactions, replacing the cash registers with a Point-Of-Sale (POS) system saves you money. A POS system is computer software and hardware networked together to track sales and stock as they occur. POS systems will solve a multitude of problems in your business.
From a Return-On-Investment perspective, a Point of Sale system should pay for itself in between 1 and 2 years. For the new business, a POS system is a smart investment. The savings in labour hours and increase in efficiency makes balancing staffing easier, and the POS system automates many time-intensive tasks.
Reports generated from your POS system is invaluable in the day-to-day and long term management of your business. From revenue and profit reports, ordering reports and product sales reports, the POS system offers a perspective of the total business that is difficult to grasp in other ways.
Advantages of having a proper Point of Sale system
since stock quantities are tracked in real time, understanding shrinkage becomes easier. This includes Goods Receive and stock functions. Proper use of these functions helps pinpoint the causes of stock losses, reduces "out of stock" conditions and makes overall business management easier.
POS systems automate the process of tracking current and marked down pricing. Discounts, vouchers and promotions are often critical to attracting and retaining business. POS systems excel at managing and reconciling short-term discounting automatically.
Many business owners discover that efficiency and customer service suffer when they're not on site. POS systems give you the ability to track volume and performance when you're not on the floor or you're busy with other tasks.
POS systems allows your staff to tend to revenue generating tasks such as helping customers. It eliminates the need to double-check inventory disparities and cash register reconciliation. POS systems dramatically reduce the effort required to do stock control and other repetitive paperwork. Improved efficiency means higher customer satisfaction, lower costs and higher sales.
POS systems give you the ability to analyze sales data. You can measure the effectiveness of pricing or advertising campaigns. You'll know what items need to be ordered and in what quantity. You can identify high margin items and promote them further. You can easily calculate daily gross revenue, cost and profit. Historical data analysis helps to forecast your future needs.
The ability to manage the system while mobile, whether you're traveling between stores or taking a day off, remote access gives you the ability to see what's going on at the location and take action when needed including web based reporting.
The ability to add registers and administration computers or link several stores to a centrally controlled database if you have an eye to expansion, enables multiple stores via internet data transfers. This will allow you to use a single system to manage all your locations.
Why take a product with a 3 year warranty
Taking advantage of the Extended Warranty BeTech Solutions provide allows you to protect your initial investment, contain costs and minimize user downtime. BeTech Solutions delivers proven, tested embedded solutions and hardware and backs the products we supply with long lifecycle support and an Extended Warranty.