What Are The Functions A POS Can Perform?
The point of sale system emerged from the old hand till machine and cash registers. The functions of the cash register, however, were limited to print the bill and store the cash. The POS system, be that as it may, isn`t lacking in functions, in case if it just seems to be growing each day.
Following are some of the functions that are specific to the epos system:
1. Access anytime
The retailers can access the data related with the retail business. It could be about customers, stock or the sales regardless any data can be accessed from any part of the world.
2. Return policy
With a POS system, the store would never manage returns if the customers want to give back the product for whatever reasons they don`t want any longer. It is a hassle free process with a retail epos software, as it could record returns, remove products from sales transactions and include the put the product`s number back in the stock.
3. Online Shop
The POS System made it feasible for retailers to run the business out of the brick and mortar and more to make it run all the while. A purchased made using online or store, a state of POS system won`t miss a detail and everything goes in the database with no problem.
4. Business development
A business grows when it keep its old customers loyal and also gain the plethora of new customers. The POS system makes it possible for a business to keep data of all customers and get in touch with them or reach them for marketing. The EPOS software also allows the retail business to offer different discount deals, gift vouchers and point rewarding system to their customers.
5. Faster checkout
No one likes to stay in long queues at a store when they have important things to work. The POS system plays out its functions a lot faster and in no time, people are looking at with a grin all over.
6. Stock control
No human or hand till the machine can keep such an intensive and precise eye on the stock of the retail shop and to control it in such an effective manner. It reduces the odds of loss by a big margin. It also reduce the retailers to understand the orders of their customers and through which they keep on providing what their customers want.
A retailer or a marketing manager can`t whisk out the data all of a sudden to come up with new marketing strategies for that, they need data which POS systems does well to keep. The POS system stores data about customer`s history in detail.
Any retailer can use these features and see their business grow right in front of their eyes; as long as they have the perfect system.