Blog

If you have recently transitioned your retail business from the basic checkout to POS system, this can be a useful guide for the retailers.

Store sales reports

Point of sale systems allows managers to view real time sales data remotely. The ability to view sales report by date and time can help you to compare your business’s success during various times of day, week, month and ear.

You can get the information about the sales during particular period of time which help to cut back on staff at the times when the sale is less. When the sales are higher during a particular period of time then you can hire additional staff temporarily.

Individual sales reports and sales targets

Tracking your general sales and overall business reports with epos software and included with the option for sales targets based on time and employee. You have the ability to assign sales targets and then track t

Online booking of dinner reservations, car services and hotels by customers may think hassle calling to your office during business hours. It is convenient to customers booking online even at late night.

Below mentioned are some of the solid reasons to invest in online booking system.

Time Savings:

You will have more free time to spend with your patrons who visit your storefront, when more number of your customers book online.

You will have more free time to spend with your patrons who visit your store when more number of your customers book online. By providing more attentive service make a huge difference when comes to customer retention.

Distribution Control:

Customers may be confused about the specifications or pricing of your offerings or may be worried about your competitors spying on your schedule? You can choose the type of classes, services and time slots you may make available to book online. This can

What do reports show?

Business owners and managers can get the customizable reports that help to compare many kinds of business data. Many kinds of information can be displayed for a particular period of time.

• • Number of sales
• • Value of sales
• • Mean, median, and mode of sale values
• • Current inventory
• • Change in inventory
• • Number of promotional transactions
• • Individual customer loyalty statistics
• • Most popular items

Additionally, reports also show the relationships between this information. They can compare and analyze data to indicate.

• • Effectiveness of pricing
• • Effectiveness of promotional campaigns and materials
• • Sales statistics by employee
• • Sales statistics by department or station
• • Most and least profitable items

How do you access POS reports?

There are

Some of the main benefits attained because of the installation of EPOS systems, unlike traditional old styled EPOS systems, newest systems have become available in industry in a wide range depending upon the business requirements and also spending budget of the customers. Buyers can choose revenue systems with customized EPOS software enjoyable the wants of their particular business requirements. Latest systems offer customers versatility to buy only essential EPOS accessories that happen to be most relevant with their business niche. Thus customers do not need to invest in features that are irrelevant with their business sector.

EPOS systems not only help managers and owners to make several sell business operation utmost essential but also lessen overall fixed cost and increase profitability of businesses. Contemporary touch screen devices offer the opportunity to type in products and services info into the till machine as fast as possible.

EPOS

This integration will make reconciling your accounts quicker and easier and serve you with endless benefits. The following are the advantages of integrating your accounting software with EPOS system.

1) Cost cutting

According to research done by Association of Accounting Technicians (AAT), 80% of UK small businesses have an individual who isn’t properly qualified in charge of managing their company accounts and financial information. AAT suggests that a potential average loss of £15,000 could result per business. Accounting software for SMEs can cost as little as £10 per month can be saved in employing financial expert and potentially making huge savings.

2) Time saving

SME owners consider time consuming as one of the main reasons for outsourcing their accounts. You can remove hours of tedious and time-consuming admin when you integrate your EPOS system

Consumer confidence was in negative territory marking for 28th consecutive month as consumer’s outlook for the financial situation over the next 12 months fell dramatically from 10 to 4.

Personal finances changes measuring index over the past 12 months also fell 4 points to -1.

“Hope springs eternal for better numbers but the continued uncertain economic forecast means that the sun is not yet shining brightly for UK consumers,” said Joe Staton of GfK.

“Consumer confidence is stuck in the doldrums.”

Office for National Statistics (ONS) revealed that the UK economy had grown just 0.1% over the past quarter, the lowest level since 2012.

The other reason for the five-year low was due to poor weather, which battered retail sales, the ONS was keen to point out that the issue was much wider.

This sent the value of the pound a whole cent against the dollar. It has become less likely as the Bank of England will raise interest levels next month.

Ev