The POS or point-of-sale system helps businesses accept payments and discharge services seamlessly through compatible hardware, operating system, and software.
There are different types of POS systems available in the market. Depending upon the type of your business, you can choose from a range of mobile POS, computers, self-service kiosks, smartphones or tablets. You might want to accessorise your terminal with scanners, cash drawers, and much more. Some advanced POS tools even allow customers to pay their transaction taxes online. The POS, therefore, is more than just an in-store computer terminal. It can help you with every aspect of your business, such as inventory, reporting, and other elements. Here are some of the top features that you should look for in a POS system.
A significant factor that drives the features of the POS, the hardware set up must include a standard terminal, receipt printer, scanner, credit card reader and a cash drawer. Other hardware options are also available, such as the customer display screen, kiosk and mobile POS. If you own a restaurant, a touch screen terminal mainly helps track orders and process payments seamlessly from the dashboard. Quick-serve restaurants must send text messages to the customers that their order is ready for pickup. If you are a fine dining restaurant, get mobile devices to send order requests directly to the kitchen from the table. Servers only have to be notified about order readiness and delivery to the appropriate table number.
While the primary function of the POS system is to record and discharge transactions, merchants must also be able to track orders, rentals, sales, supplier purchases, and inventory transfers. A cloud point of sale helps owners manage customers because the POS system encompasses all the required information and provides accessibility even on the go. Customer and supplier orders, along with the duration of despatch, can also be accomplished with a module that pre-schedules the delivery.
Most likely, businesses don’t depend upon just one software. Instead, they might be using other legacy systems, which is still required to run the operations. In such cases, the POS must come with the ability to integrate existing systems to function through shared data efficiently. In addition, the POS should also customise supplier purchases to ensure that business operations are directly recorded and streamlined.
Another vital part of the POS, customisable reports across sales, inventory, accounting and other modules, must be made available. This way, owners can summarise company activities and make calculated decisions for its evolution. Moreover, you can extract reports for several components within the company’s operations and compare store progress against the objectives set for growth.
Especially if you are a chain store, you should get a POS software that helps you handle multiple stores at a time without you having to travel. Besides, the POS should be able to cater to franchises and buying groups within your network.
OVERSEE POS brings a range of features for both single store and multi-store facilities. Speak to us for both hardware and software systems’ installation.