Comparing a point of sale systems to a cash register is like comparing a manual typewriter to a word processing system. A point of sale system automates inventory control, manages your staff and delivers the ultimate shopping experience for your customers. Bar-code scanning eliminates the need to manually enter item numbers, prices, and descriptions. Point of sale systems reduce inventory counting, track reorder points, help you make sure the right product is always available for your customers.
Point of sale systems can post data into your business accounting software, report on top selling products, your best and worst sales days, by hour, and your top performing sales associates. Integrated credit card swipes have proven to save time and input errors and you may get better swipe rates too. In short, point of sale systems help business run smooth and efficiently, reduce costs, increase productivity and customer service.
Emerging Point of Sale System Trends
Gift cards rank as the second most given gift by consumers, the most wanted gift by women and the third most wanted gift by males. Gift cards relieve the burden of selecting a specific gift. A majority of people say they end up spending more than the value of the card once they get to the store. And according to a consumer report survey, over 20% of those gift cards will go unredeemed or unused.
Another emerging trend is Mobile check out. Accepting credit cards on iPhone or Android phones has proven to save time, increase sales and reduce lineups at the cash register.
With regard to inventory control, when employees log in, knowing transactions appear in a log, inventory shrinkage, damage and waste somehow gets reduced.