The Top 5 Myths About BIR CAS-Ready Cloud Accounting Software: Debunked
By Johnny Kawa Introduction In recent years, cloud accounting software has gained…
How many possible ways can a retail POS software improve your business operations?
Mathematically speaking, it equates to the factorial of a large number.
We can’t put it to numbers as such a software solution is dependent on the varying aspects and elements of the business.
But, one thing is certain: it is an asset. It will become your do-it-all tool that can provide you with a wide array of benefits, and will gradually improve your business at an exponential rate.
A POS and inventory management software has a lot to offer.
May it be plain retail, restaurant, bar, or any similar businesses, a retail POS system is worth the investment.
Streamlined business operations, automated inventory management, accurate and detailed sales report, centralized data, and revenue-boosting advantages – a POS sales and inventory system has it all, and considering the above-mentioned advantages is just scratching the surface.
Also, regardless of the type of business, a sound retail POS system is any retailer’s jack of all trades that can turn their business around as it solves day-to-day retail concerns.
Such a system is quite a catch, but the choice is yours.
Why should you switch?
Stating the obvious, a POS sales and inventory system is the future of retail or to any similar small businesses.
It portrays an improved efficiency, guarantees increased sales, and promotes a better customer experience – some of the basic aspects that any average business owner should consider and upgrade.
We are now witnessing the wonders of the technological age, and constant change is evident.
Retail POS systems have become the new trend, and shifting from the conventional one into this innovation is basically just the most logical thing to consider.
Implementing a retail POS system is turning the brick-and-mortar businesses into a fully furnished one, and we can all agree that that alone is enough of a reason to switch.
We all have been a customer at least once, and we can all agree that wait time is essential.
We can’t afford to unnecessarily spend extra time just to complete a single transaction.
Longer queues are such a big no-no!
Relatively, customers do not prefer longer processes and longer wait time upon completing their purchases, so a retail POS system is just perfect!
Implementing a POS and inventory management software on your end allows you to manage your checkout processes more efficiently, therefore, a better customer experience will be provided.
The mode of payment in an average retail store is not anymore limited to paying via cash and credit card.
eWallets and installment payments are already available that any customer can have their payment through.
To keep up with the situation, modern day retail POS systems are designed to be flexible to any change. It can process payments via different payment channels.
When you are running a business, efficient payment management is required, and well, a sound retail POS system can help you in that regard.
POS sales and inventory systems promote a better payment platform that benefits both retailers and customers.
Cashless payment methods may have been introduced to us, but no worries, such a system is ready to back us up.
Accurate reporting and real-time data are some of the features of a successful business.
An average POS sales and inventory system comes with a feature in which you can interlink your system to the systems of the other sales channels you sell on.
Meaning, a wider view of what’s happening in your business can be seen.
And since these events happened in a real-time fashion, a more accurate plan or a better decision-making can be made.
A sound retail POS system can help you convert ordinary customers to loyal spenders.
Such a system can be helpful upon establishing some sort of promotions or loyalty programs to attract more customers.
By incorporating the said programs or promos into your POS, an increasing purchase will be guaranteed.
A powerful retail POS system can display loyalty program information, and from there, you can convince customers to purchase more.
With an e-commerce platform incorporated in your POS system, you can plot the trend of your business and anticipate its possibilities and status in the near future.
Through the connection of POS and inventory management software and ecommerce platforms, the tracking, management, and collection of customer information can be performed in a more efficient manner.
Meaning, a clearer visualization of your sales, as well as your customers will be taken in place: What items are mostly ordered, which customer orders what product, which customer bought the most product, how long they have been a customer, and the likes.
Rather than plotting the data on spreadsheets, a more systematic assessment of the customer-sales relationship can be done with the help of a POS system.
The idea is simple: Get the perfect POS software and we can call it a day.
But which one?
There are a bunch of different POS solutions in the market today, but which one works best for you?
Anyways, just liberate yourself from the hassle of unnecessary investments, and get a better grasp on your sales and inventory through EasyPOS.
Powerful POS software like EasyPOS offers you a user-friendly experience and provides you with competitive retail POS solutions.
BIR accredited EasyPOS sets your establishment the right way by helping you manage day-to-day transactions on the dot.
To learn more, checkout: https://human-incubator.com/easy-pos/.
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).