Map of Powell River
You might not know what a PoS system is. But each time you do a trade at a retailer, you interact with a PoS system without realizing it. A PoS system is a combination of software and hardware that efficiently runs and manages a retail shop. Along with processing retail sales, it may handle stock, employees, customer loyalty programs, and process management, administrative, and advertising activities.
PoS stands for Point of Sale, in which the transactions happen when the customers exchange money for services and products. But nowadays, you can find portable PoS systems also. Mobile PoS systems can operate on a range of devices from desktop computers, laptops to tablets and cellular phones, making any region of the shop a point of sale. The software characteristics of a PoS system can vary depending upon the complexity of each system. Payment processing, stock management, report generation, and staff management will be the primary features of a PoS system.
PoS Terminals
PoS Terminal is the unit where the software is run. These electronic cash registers have touch screens instead of the old style cash register’s buttons. In addition to recording transactions and printing receipts, it may do a lot more with the software incorporated into the terminal. You can link many devices such as barcode scanners, credit card readers, and cash drawers into the PoS terminal through Bluetooth or USB.
Bar Code Scanner
The retailers with massive inventory use barcodes to accelerate their stock management and checkout processes. A barcode scanner is an optional device which you are able to connect to the PoS terminal. Most retailers are encouraged to buy them as it helps for a quick check out process.
Credit Card Reader
Sometimes this is called a credit card terminal as well, and sellers use them to process credit card payments. These card readers may read the magstripe by swiping the card and scanning the chip in the card. The latest units can accept NFC (near-field communication) payments from cellular payment providers such as ApplePay, GooglePay, etc..
Cash Drawer
Even Though most customers prefer to pay with credit/debit cards, most businesses still need a cash register to serve the customers who pay in cash. These electronic cash drawers are available in many sizes to assist businesses of various scales.
Integrated Payment Processing
PoS System can directly link to the applicable banks and process the card payments in-house. As there is no third party involved, this guarantees secure credit card payments.
Inventory Management
Retailers can easily keep track of their inventory and maintain it with the help of this attribute. With real-time stock monitoring, the merchants may organize, categorize the purchases. At any given time, they could check the status of the inventories with a PoS system.
Report Generation
The preset reports offer a vast selection of reports from sales, inventory, workers. Retailers may have a realistic idea about the stocks, functionality of the store, staff, and high-volume sales periods to make the business more efficient and generate more profits. Most retailers have PoS printers connected to their PoS systems, which makes it easy to print the reports used to scrutinize sales progress.
Staff Management
It enables to set different levels of access into the PoS system. The front-end staff, back-office staff, and the management will have custom access. In this way the administration can control the qualities and information available for the employees. Also, this attribute can program work shifts, monitor working hours. In addition, it may evaluate the performance of the employees, depending on their individual work performance.
A PoS system can make a significant change in the way you operate your retail business. You can make educated choices and grow your company year after year.
You can call us or complete this form. We will get back to you within 24 hours.
Telephone:
Main: (604) 435-0110
Cell: (604) 649-0647
[page-generator-pro-related-links group_id=”5344″ post_type=”page” post_status=”publish” radius=”30″ output_type=”list_links” limit=”10″ columns=”1″ delimiter=”, ” link_title=”%title” link_anchor_title=”%title” link_display_alignment=”vertical” orderby=”name” order=”asc”]