Different Types of POS Systems
Retail and restaurant businesses today cannot function without advanced technological investments. Shifting paradigms in the environment has forced us to rethink the way we do business. It is an era of touchless, harmless and yet, efficient systems to keep the customers happy and our revenues running. The ultimate aim of the POS or point of sale system is to let businesses function smoothly despite impediments in, for instance, internet connectivity. Our Restaurant POS systems encompass several features and more, which can be tailor-made to suit your operations.
Different Types of POS Systems
- Apps – Small businesses that want to invest in portable and flexible POS Systems
- Mobile Systems – For vendors that are travelling and want a POS that sticks with them on the go
- Touch Screens – When retailers want the transactions to be processed on the sales floor
- Cloud POS – For a business that requires analytics, MIS and accessibility
- Multi-channel POS – Online selling is made easier, and stock levels are easily synchronised
- Self-Service Kiosks – Food and restaurant businesses that encourage self-checkout systems
Features
Each of the above POS systems come with various attributes that can be applied to your organisation depending upon the size and type of business. For instance, if you are a company that has several product variants, then you have might want to get a retail POS system. And, if you are a restaurant, it would make complete sense to invest in a Restaurant POS system Dubai that tracks customer seating, orders, and preferences.
Check with experts at OVERSEE POS systems to incorporate advanced and additional features for better workflow management.
POS System in Managing Inventory
Retailers and restaurants both require inventory management. These businesses need POS systems that include a range of characteristics such as pricing, markups, quantity on hand, and much more. Besides, you must also be able to track your inventory and receive notifications when stocks are low and even print automated purchase orders. Third-party integrations are also extremely easy with OVERSEE POS systems.
Comprehensive CRM
Creating and nurturing relationships are two of the most important aspects of any revenue-based business. It is best to invest in a CRM or customer relationship management tool that features a directory of customer profiles with data and their preferences that are analysed through their purchase history. The built-in CRM features can also act as feedback collection tools, loyalty programmes and rewards creators.
Managing Employees
One of the most pivotal components of a restaurant or retail business, the employee management feature, helps create and maintain individual staff profiles and logins. OVERSEE POS systems even incorporate tracking, scheduling and communication for tools for better productivity.
Reporting and MIS
While every POS system might encompass basic reporting modules, it is analytics and sales breakdowns by day, week, month and year or even at customised intervals that help with forecasting and prediction. Inventory tracking against employee sales is a crucial metric that actually helps you track your returns on investments and real profitability.
OVERSEE POS systems goes a little further by providing stock reordering reports, inventory valuation and product type reports to enable businesses to create custom viewing for advanced budgeting. To know more about our POS Systems, speak to our consultants today!
