Point of Sale

The point-of-sale or POS is where a physical transaction occurs. At the point-of-sale, the seller calculates the amount of money owed to him by the buyer, marks down the price of the product, can prepare an invoice for the buyer, and suggests the buyer options for payment. At the end of the day, the transaction is recorded in the Point of Sale. Most retail business owners do not want the transaction to be recorded on paper or on a computer.

Retailers have the option of having their sales representatives to check on the transactions that occur in the Point-of-sale. The reason they want to check the records of each transaction is so they can ensure they are not double counting transactions, overcharging, or even undercharging. This way, if a fraud is discovered, they can correct the transaction immediately.

Point of Sale software can also monitor sales representatives. They can review every transaction they have completed and see the information relating to the items sold. They can also view the prices charged by their sales representatives. Point of Sale software can provide retailers with information on how well their sales staff are performing at specific tasks.

Point-of-sale software can also help keep track of customers’ orders. A Point of Sale software system will record and track every order that goes through the store. It can also track orders that come through the online order process.

Point-of-sale software also helps the retailer to save money on inventory. The program can store the information so the retailer doesn’t have to manually handle it. The program can also print out receipts when the item has been sold. This way, the retailer does not have to reorder any merchandise that has already been purchased.

The Point-of-sale software system is very valuable to the business owner. It allows them to be more efficient and accurate with their business transactions. and save money while doing it. The software can also provide valuable data for statistical analysis by businesses.

The Point-of-sale software system can also be used as an advanced marketing tool. The system can be used to send out promotional coupons to customers and to generate leads for the company. When customers take the coupon, they will be directed to the company website. This means they can contact the company directly. and find out information about their products and services.

Another great thing about the Point-of-sale software program is that it allows the business owner to track the progress of their business. They can see how many sales they have made, how many employees they have, how much profit they have made, and even how much overhead they have saved by using the program.

One thing to remember when using a Point-of-sale software program is to make sure you are using the best program available for the type of business you own. There are many companies offering this service. Some of them offer their programs free. The best thing to do is to find a business that will offer a full money back guarantee.

POS Software

We have over a decade of expertise giving complete POS solutions to our retail and welcome customers. Whether you would like to line up an entire POS system from scratch otherwise you got to add peripherals and software system to your basic system, we will assist you find the right solution.

Point of sale (POS)  basically retail POS software system application which will organize your inventory, keep track of your client history, and manage worker access and firmly method transactions. Know where your business is going by following where it’s been. Track it with Cash Footprint. The point of sale solution that may be used anywhere, at any time. You can use our software on your desktop or use online. Both permit retailers to bring together stock, oversee clients, point of sale process exchanges and delve deep into their store’s analytics. Both allow retailers to bind along with stock, administer purchasers, process exchanges and dive deep into their store’s analytics. Multi-store ability keeps stock synchronized over all areas, while versatile augmentations imply that partners can mind stock and direct deals from anywhere in the store through iPad or Android. POS software Retailers looking to venture into e-trade can likewise exploit DS Point of sale (POS) completely incorporated Web store, which handles stock crosswise over in-store and on the web.

What is a POS system?

What is a POS system?

What is a POS system is a very common question asked by many new business owners. POS systems are also known by the longer term “Point Of Sale” systems POS software and hardware systems are commonly used in thousands of retail businesses through out Kenya. And there are literally hundreds of different point of sale systems to choose from.

They range from very simple POS system to very advanced systems with many different functions designed to help the operations of your business and improve your overall business efficiency.

The term “POS system” is a little deceptive because most of the POS software programs handle MUCH more than just “point of sale” tasks. That’s why the term “retail management software” is being used more and more often.

You might see websites refer to POS Systems as “point of sale system”, “pos system”, or “retail management system”. They are all referring to the same thing which I hope provides some insight to the questions what is a pos system.

The term “POS system” is just a term that point of sale development companies came up with to describe their pos systems. The problem is that each POS system can be different and varied depending on the nature of the business requirements.

Before we get into those details, let’s start by defining what is a POS system in it’s simplest form

POS systems are used at the counter where goods are sold to your customers. In fact a POS system takes the place of your cash register and brings your business into the 21st Century.

When using a point of sale system, all your sales and stock transactions are made through your computer. You set up your POS system with the products you are selling, the selling price and the stock you have on hand.

When a sale is made your point of sale system will calculate the total amount of the purchases, including tax, and it even tells you how much change is due to your customer. It records every sale and tracks everything.

Since your system records every sale, it can automate all kinds of tasks for you. For example, it will calculate your sales for the day, your sales tax totals, and tell you how many times you sell an item for a given time period, all at the push of a button or two.

This is an example of “what is a POS system” in its simplest form, however as mentioned before there is a lot more functions available to the small business owner.

POS systems can serve a variety of businesses from a local dairy to a local restaurant, to a national chain of stores.

Functions that can be added to a POS system include:

• Point of Sale
• Inventory Control
• Automatic Purchase Order Creation
• Automatic Price Updates
• Bar Code Scanning
• Accounts Receivable
• Accounts Payable
• General Ledger
• Payroll
• Customer Tracking and Follow Up
• Shop Management
  And any other functions that your particular business may require.

Common misconceptions of what is a POS system

You may of thought that a point of sale system just tracks your stock on hand, and your sales but as you can see above a good POS system can be created to help you run your business more effectively and efficiently.

If you are still asking the question what is a POS system, give us a call today on our o800 number.