BENEFITS OF POS SOFTWARE _ BS4U Active Retail
There are several benefits to automating your store with a Point of Sale system. Using a computer in your business provides you with a greater amount of data than can be retrieved with only a conventional cash register. Customer purchase history, item sales detail, stock status reports, monthly, yearly, and seasonal sales data, are only some of the detail information that can be retrieved.
This data is key to grasping total control of your business and increasing sales and profits. In addition to enhancing customer and inventory tracking capabilities, computerizing your store can also help you tighten up on security and employee tracking. Some additional benefits to be gained by automating your retail store below:
- Reduce costly inventory overheads
- Make better buying decisions
- Enhance relationships with your vendors with timely inventory information
- Save time - automate A/R (Accounts Receivable), A/P (Accounts Payable), P.Os (Purchase Orders), other accounting tasks
- Speed up your checkout lines
- Increase customer service levels
- Use the system-generated customer information to process direct marketing campaigns
- Increase traffic in your store
- Reduce the time spent on Back Office and Inventory functions
Computer systems only previously available to big chain stores is now readily available to retailers of any size and budget. Get the detail data you need to stay competitive with an affordable, reliable point of sale system from BS4U.
The system will pay for itself quickly in the time, money and labour you will save, as well as the increased sales you should see from the increased control of your business.
Simplified transactions allow more customers to be served in a short amount of time. Not only does a POS system enable merchants to serve customers faster, but also prepare orders more quickly and reduce the time spent on daily office management.
Comprehensive, on-demand reports provide any restaurant or retail business with organized, detailed data that can provide a merchant with a more complete picture of their operation.
Advanced reporting and inventory tracking features allow merchants to keep the proper inventory on hand. This will eliminate lost sales due to being out of inventory and will also reduce the amount of money tied up in products that are not moving.
- Reduce Shrinkage – A POS system reduces shrinkage in two ways:
- The system will help ensure that the correct meal is delivered to the correct table each and every time.
- Advanced reporting features allow the merchant to track the amount of food and drink that is typically consumed during a particular meal period. This enables the merchant to effectively gauge how much food needs to be prepared for each meal period.
- Customer Management
Retain customer information and purchase history for use in loyalty programs or marketing campaigns. Through aggressive reporting, the merchant can keep track of what their customers are buying, the last time their customers made a purchase and the amount of money being spent.
PCI compliant POS systems provide peace of mind, protecting sensitive payment information against costly data breaches.
Detailed information about individual employees and their productivity enables business owners to make more informed staffing decisions, effectively reducing labor costs and increasing profitability. Rather than spending time managing employees' hours, a POS system can take care of this time-consuming task. Multiple time keeping features improve accuracy and eliminate the practice of employees over-reporting their hours.
- Reduce Guest Check Errors
A POS system removes human error by ensuring that each menu item is being calculated correctly on the guest check. Additionally, the ability to update all prices in the POS system eliminates the risk of charging a menu item at the wrong price. The system also removes any miscommunication due to illegible handwriting or language barriers.
(Internet collection)