The Many Ways Your Business Can Benefit From Offshore Accounting
Accounting is an important aspect of every company. Companies must keep track…
Traditional and Cloud POS solutions may seem like they are the same.
Both have similar functions, after all.
However, the difference lies in where they store the data.
A traditional or on-premise POS system has its data stored inside its internal hardware, while cloud systems store them in remote data centers on the internet.
Switching over to a cloud POS solution has many benefits for your business.
Keep reading to learn more.
With a cloud-based POS solution, you’ll be able to log in to the software from any device with a strong internet connection.
Essentially, you’ll be able to manage your store or restaurant from almost anywhere.
Through your device, you’re not just given access to view your data, but there are various jobs you can also accomplish too.
Your presence in your store or restaurant is not required to place an order when inventory stocks are running low, edit the price of different items, and many more.
Compared to traditional POS systems, the employees, managers, and owners of the store are only able to retrieve data through devices connected to the systems.
This means that only staff on-site can make the necessary changes needed.
This includes the product list and pricing.
With a cloud POS solution, these roadblocks are easily eliminated.
The internet allows you to access your system and make necessary changes from anywhere as long as you have a stable internet connection.
In the past, working hours needed to stop for updates to be made in the system.
During this time, restaurant and store information needed to be updated on every single device from the computer to every POS terminal.
Thanks to the cloud POS solution, this no longer happens.
Just like the applications on our mobile phones, software developers ensure that updates on a cloud POS solution automatically take effect across all devices.
That means you don’t need to sacrifice time to accommodate the updates.
The updates on cloud POS software are made on one device.
Once finished, all other devices are updated in real-time as well.
Many may think that data saved on the cloud has a low-security system.
However, this is not true.
A cloud-based POS system is more secure than many on-site POS systems.
All information uploaded onto the system is stored and synced electronically across many data centers.
On top of that, there are advanced security measures implemented to ensure safety including end-to-end encryption so that you protect the data from viruses and breaches attempted on the system.
In addition to data security, businesses need not worry about losing their important reports and information during blackouts, power disruptions, and even hardware malfunctions.
Cloud POS solutions back up data on the cloud.
This means it is not saved on a hardware device rather it is stored and saved in a virtual data center.
A cloud POS solution allows you to streamline many processes into one digital system.
This includes tracking, inventory, and sales.
In the past, employees and even customers would notice that some branches perform better than others in terms of their POS systems.
You can avoid this with unified software across all locations.
When handling multiple locations, business owners won’t need to install new software in different branches.
A cloud POS solution centralizes all the stores’ data across all the different locations if you manage more than one retail store or restaurant.
With centralized data, managers and owners can access all information about each location.
This can be done through any computer or device on which your cloud POS solution is installed.
From there, you can perform updates and view data across different branches.
EasyPOS integrates seamlessly with EasyFS, a cloud-based financial information system.
EasyPOS is ideal for businesses that have a physical store that deals with cash transactions daily.
This can include restaurants and convenience stores.
The IT solution has two user interfaces for two different kinds of establishments.
Barcodes are implemented for groceries, convenience stores, and other similar stores.
On the other hand, a touch screen interface is installed for restaurants.
Through this EasyPOS, you can input unlimited discounts and unlimited pay types such as cash, credit cards, and various kinds of gift certificates.
Aside from its user-friendly interfaces, businesses are also able to view accurate sales records that come in through the stores in real time.
You are also able to update and maintain prices across all branches.
Cloud POS solutions make it easier for various establishments to manage and track their sales and reports.
Being backed up on the internet, businesses experience less trouble during use, especially when it is updated.
If you’re looking for a cloud POS solution, inquire with us here at Human Incubator.
EasyPOS is not only a sales tracker but it handles inventory management, too.
EasyFIS is a Software-as-a-service (SAAS) sales, inventory and Accounting system designed for Micro, Small and Medium (MSME) Enterprises.
If you want to manage your business in real-time and in a WFH Work from Home Setup, EasyFIS can provide a turn-key solution to your most common business problems to effectively monitor your sales, checking your LIVE inventory stock quantity and most importantly the status of your business’ financial health.
On top of that EasyFIS is CAS (Computerized Accounting System) compliant ready for government taxation in the Philippines.
EasyHR is a Software-as-a-service (SAAS) web application that helps to manage your Payroll and Human Resource Tasks easily and effectively.
Whether you are handling less than ten (10) employees or up to more than ten thousand (10,000) employees, EasyHR can do the job for you and saves you a lot of time in computing your Payroll and managing your Employee 201 Records anytime and anywhere.
But not only that, EasyHR further has an Employee Portal that allows your employees to access it online and check their own Payslips, Overtime, Leaves and Time Records. It saves a lot of time and money in printing these Payslips and paper wastage.
EasyPOS is a standalone Sales and Inventory system designed for businesses with Physical Stores and does not necessarily need an Internet or cloud solution.
The software is very easy to use yet already fully loaded with the necessary daily functions in running a store.
It already has a complete Sales and Inventory system with Item components.
Barcode and Touchscreen Interface that can be used for both groceries and restaurant setup respectively. Plus it is already BIR Accredited to legally issue Sales Invoice (SI) and Official Receipts (OR).