If you are not already familiar, Point of Sales systems, or POS, are systems that are installed on wireless devices and are used for anything from sales transactions, to inventory management. Lots of business owners are making the decision to move on from the old and dated cash registers and are implementing the use of a POS system in their business. If you, however, are not one of those owners, let us try and convince you by listing some of the benefits you be getting if you do decide to make the switch.
- Time saving and improving efficiency are one of the biggest benefits of any POS system. Point of sales systems provide faster service than any old cash register and they can print out very detailed, itemized customer receipt in seconds. This is due to the fact that these devices are connected with the inventory control system of your business and contain the information of every single product you sell with a complete description. If you need to look up any old transaction, you can do it in a matter of second on your POS device, while doing so manually can be very time consuming, and thus, decrease efficiency.
- When speaking about inventory management, is it also important to mention that with your point of sales devices you can see the real time inventory of your business with a simple touch of a button, which is something that not even the best cash registers can do. Lots of business owners have found that having this option has let them completely cut down the need for hand counts which can be very expensive. Having real time inventory in your hand can also help you when the time comes for making orders. Since you can see the complete inventory of your business, you can easily see which items are your best sellers and when you need to restock. The POS device also lets you create your own purchase orders right on your device.
- Since the new workforce are people born in a generation where almost everything is computerized, it means they are a lot more comfortable working with wireless devices, such as tablets of PC’s, which is perfect if you are a business that has implemented a point of sales system. There is also a different practicality in using POS devices. Surprisingly, repair costs are much lower when it comes to POS devices than they are for cash registers. This is due to the fact that the number companies that deal with the repair of cash registers are very low, thus making repair costs very high. On the other hand, there are many companies that deal with the repair of POS devices, which makes repairing them affordable.
If you are a business owner, then point of sales devices are the right way for you to go. Although they can cost anywhere from $3000 to $6000, you make up for it in improved productivity, efficiency and in decrease of time consuming tasks and man made mistakes while running your business!
— Owl POS (@OwlPOS) September 7, 2017