Point of Sales ( POS )

Point of Sales ( POS ) Advantages

Point of Sale (POS) systems offer numerous advantages for businesses across various industries. Here are some key benefits:

1. Streamlined Transactions: POS systems automate and simplify transactions, speeding up the checkout process. They allow for multiple payment methods (credit cards, mobile payments, etc.) and facilitate faster, more efficient sales.
2. Inventory Management: They help businesses track inventory levels in real-time. This ensures better stock control, prevents stockouts or overstocking, and enables automatic reordering when inventory reaches predefined levels.
3. Accurate Reporting: POS systems generate detailed reports on sales, inventory, and customer data. These insights help businesses make informed decisions regarding restocking, pricing strategies, and identifying popular products.
4. Enhanced Customer Service: Faster transactions mean shorter wait times for customers. Additionally, POS systems often integrate customer relationship management (CRM) tools, allowing businesses to collect and utilize customer data to personalize interactions and improve service.
5. Increased Efficiency: POS systems can integrate with other business software, such as accounting or customer management systems, streamlining operations and reducing manual data entry errors.
6. Better Analytics and Decision-Making: With detailed sales and inventory reports, businesses can analyze trends, identify peak selling times, and understand customer preferences, aiding in strategic decision-making.
7. Employee Management: Some POS systems have features to track employee sales, performance, and hours worked, simplifying payroll and helping in evaluating employee productivity.
8. Security: Modern POS systems offer robust security features, including encryption and tokenization, to protect sensitive customer information during transactions, reducing the risk of data breaches.
9. Flexibility and Scalability: These systems can adapt to different business needs and scale as the business grows, accommodating additional products, locations, or sales channels.
10. Promotions and Loyalty Programs: POS systems often support loyalty programs and promotional activities, allowing businesses to incentivize repeat purchases and reward loyal customers.

Point of Sales ( POS ) Features

1. Multiple Business/Shops: 
   • Set up multiple businesses in the application.
   • There is no restriction on the number of businesses.
   • Inventory & accounting information is kept separately for each business.
2. Add Location / Storefronts  / Ware House: 
   • Create multiple locations for your business/shop
   • Manage all of them at the same time.
   • Stocks, Purchases, Sell can be tracked differently for locations.
   • Customize invoice layout, and invoice scheme for each location
3. User & Role Management: 
   • Powerful user and role management system
   • Predefined roles – Admin & Cashier
   • Create different Roles with permission as per your need.
   • Create unlimited users with different roles.
4. Contacts (Customer & Suppliers):
   • Mark contact as customer or supplier or both(customer & Supplier)
   • View details of transactions with a contact.
   • View the total Credit/Debit balance amount
   • Define pay terms and get payment alerts a week before the due date.
5. Products: 
   • Manage Single and variable products.
   • Classify products according to Brands, Category, and Sub-Category.
   • Add products having different units
   • Add SKU number or auto-generate SKU number with prefixes.
   • Get stock alerts on low stock.
   • Save time by auto-calculating selling price, the system is smart to auto-calculate selling price based on purchase price and profit margin.
   • There is no need to type variations every time, create a variation template and use it every time you need to create variable products.
6. Purchases:
   • Easily add purchases.
   • Add purchases for different locations.
   • Manage Paid/Due purchases.
   • Get Notified of Due purchases a week before the pay date.
   • Add discounts and taxes
7. Sell:
   • Simplified interface for selling products
   • Default Walk-In-Customer automatically added to a business
   • Add new customers from the POS screen.
   • Ajax-based selling screen – save reloading time
   • Mark an invoice for the draft or final
   • Different options for payments
   • Customize invoice layout and invoice scheme.
8. Manage Expenses:
   • Easily add business expenses
   • Categories expenses
   • Analyse expenses based on category and business locations with expenses report.
9. Reports: 
   • Purchase & Sale Report
   • Tax Report
   • Contact Reports
   • Stock Reports
   • Expense Report
   • View Trending Products, drill down by Brands, Category, Sub-category, Units and date ranges
   • Expense Reports
   • Cash Register Report
   • Sales Representative report
10. Other useful features:
    • Set currency, timezone, financial year, and the profit margin for a business.
    • Translation ready.
    • Predefined barcode sticker settings.
    • Create your barcode sticker setting
    • Manage Brands, Tax Rate & Tax groups, Units, Category & Sub-Category
    • Easy 3-step installation.
    • Detailed documentation
    • Stock Adjustment
    • Express Checkout
    • Works Offline