Precious time is often lost through the handling of Point Of Sale Software For Small Business . Similarly, the more cash is handled the greater the security risk in stores. Fortunately, Point of Sale (POS) technology is making better control of cash in retail stores possible, resulting in benefit for both staff and customers.
One German furniture company has estimated that the payment process and handling of cash at the checkout takes between 15 to 25 seconds. As this is only one part of processing pos system, 15 to 25 seconds is quite substantial time and, when the seconds are calculated for the cash handling from every sale throughout the day…till operators are spending more time on this process than most business owners would like.
Then, there is also the concern of cash robbery and theft. On any given day in a retail business, one, a few or many more employees will handle cash. Think how many different times and how many different people will handle cash in a supermarket on any one day. It is also probable that many managers are reconciling cash and making deposits, which is why they use point of sale systems.
How Do You Select the Best Point Of Sale Systems in Point Of Sale Software For Small Business ?
Point of sale software is software used by businesses not only to monitor stock, sales, cash in and out, but to manage your business as a whole. Please keep this in mind, when you decide what point of sale (POS) you should purchase in order to grow your business. A couple of things that you really need in order to grow your business with your point of sale (POS) software:
· A customer database: You need to get as much information about your client as possible, this includes birthdays, anniversaries, children birthdays and any other important dates. The reason for this is your clients want you to remember their special occasions and I guarantee you this if you show your clients you care they will always be loyal towards you and your company
· Stock control: Besides your staff and clients (if you are in retail) your stock is your biggest asset your company will ever own. It is important to know what stock is moving (there is no use in having a fully stocked shop and no one is buying) and what stock is "dead". Your point of sale (POS) must give you these reports.
· User interface: Your point of sale system must be user friendly. Make sure you have manuals or even better some point of sale companies, have integrated user manuals. This is usually the better option as staff loose printed books, most companies will charge you up to R350.00 per user manual.
· Back up: You need after sale service, I don't care what point of sale (POS) system you have or would like to buy, point of sale runs on computers and computers give problems somewhere along the line. Make sure you point of sale company can and will come to the party when you really need them. The best option usually is to opt for a service contract as should you not receive after sale service you have the law on your side.
Point Of Sale Marketing - Is This a Good Solution?
Purchasing a restaurant POS system on the internet can be a complex process due to the number of systems and options. This article will help you ask the rigt questions of the POS vendors. A lot depends on the experience of the restaurant owner with POS systems and the extent of service provided by the seller of the POS system. The following are a series of questions that should be asked to assure the potential restaurant POS system meets your particular needs.
1. What exactly is the monthly cost or cost per minute for technical support or licensing fees?
Many sellers charge a monthly licensing fee just use their software. It is not unusual to pay $360.00 per year or $200.00 per station per year even if you never use their tech support system. In these cases add about $1,500.00 to the advertised price to use the single terminal system for five years. If monthly licensing or tech support fees are not mentioned be sure to get the details as to licensing and tech support fees if any.
Find out what the cost, if any, for upgrades. More importantly, are you forced to accept and pay for software upgrades later.
5. Is the equipment really new, refurbished or used?
If the words "new, refurbished or used" do not describe the hardware then ask. If you don't get a reply from the seller watch out. The latest buzz words are "Certified Pre Owned". What is the warranty?
6. Is shipping/handling included in the advertised price?
This con be expensive. A system can weigh about 50 pounds and you could be across the country from the vendor.
Point of Sale - A Guide to Effective Marketing
There are several components to a full POS system. These include software, hardware, technical support and hardware support. Here are points to consider when choosing a POS system:
o Investigate the software company to make sure it will continue to support and develop the software you choose.
o Hardware can include the computer, monitor and POS peripherals such as the cash drawer, customer display, receipt printer and scanner. Research the hardware warranty on all POS hardware and peripherals. These warranties can vary dramatically. Compare length of warranty, response time, on-site vs. depot repairs and which components are covered.
CREDIT CARD PROCESSING
Do you already have a credit card payment processor? Make sure the new POS system can accommodate your payment processor. Some POS software companies require using their payment processor.