The Top 5 Myths About BIR CAS-Ready Cloud Accounting Software: Debunked
By Johnny Kawa Introduction In recent years, cloud accounting software has gained…
A centralized Point Of Sale or POS Management System is the latest technological trend that provides retailers with POS retail stations that link to a central server. These systems are interconnected and provide real-time reports of sales, expenses, labor, inventory management, tracking, and also valuable data on consumer purchasing patterns.
POS technologies now have evolved rapidly and have changed for the better. Mobile, wireless, cloud, and new payment types like Paypal, and mobile apps like Paymaya, GCash, and others are causing significant changes in retail POS strategies.
Retailers are competing with one another and information gathered from customers becomes crucial as retailers’ main goal is to get close and be in touch with customers and to get a better understanding of their preferences and buying habits. POS retail systems are here to stay, constantly improving by the day.
POS retail systems are also helpful in consolidating data and information giving details on purchases made, and which particular branch it was bought from (from either online or offline). And not only that. It also gives the retailers an idea of the likes, dislikes, and interests of customers.
So why do retailers need a centralized POS management system?
As mentioned, the systems that are connected provide access to real-time reports on consumer patterns and consumer behavior. They also offer reliable consumer buying and preference data, which can help to improve the overall shopper experience by implementing loyalty and rewards programs for loyal customers. Because customers need to be pleased and because they want to feel that they belong and are a part of their favorite retail store, they expect more personalized service with promos and product recommendations. With the insights from the POS retail systems, the retail chain owner and management have a competitive edge over their competitors.
Without a centralized POS management system, retailers had a difficult time accessing analytics, dashboards, and reports. Systems were decentralized and were entirely working independently. Nowadays, retailers can evaluate business performance much more easily with synchronized and unified POS retail data. Retailers can now see the bigger picture and now view information from across multiple locations and at any given time.
For businesses with multiple branches, having a central POS management system from among POS retail systems cannot be overemphasized. Improving and expanding networking POS retail systems results in more streamlined equipment and more straightforward integration. Since many parts of the system can be jointly and systematically connected, the costs of some parts and hardware as well as maintenance can be lessened. This results in a general reduction in capital expenses. Of course, when expenses are reduced, there is more savings in the end.
By using a centralized POS management system platform to connect all POS retail systems from different locations, retailers can now make plausible improvements to cater to customers’ needs for various retail channels or payment forms. This time, whatever the customer’s needs are, they can now be met, whether at the moment or in the future. Implementing mobile payments, and centralized and automated software allows more convenience for each retail location, eventually helping save some unnecessary costs that will be incurred in the future.
With a centralized POS management system, you can serve your customers from anywhere at any time and from any location. Whether online or brick-and-mortar retail stores, customers expect the same great shopping experience, regardless of the platforms they use. Purchasing from one platform and paying through another must be smooth for all parties involved.
Moreover, if you have a product being advertised online, all the more this should also be available in your retail store. This provides your customer with a more pleasant shopping experience while also promoting the brand you’ve worked so hard to create.
Retailers definitely need a centralized POS management system. It is key to success in today’s technological world whether in retail, restaurant, or franchise businesses.
With a centralized POS management system, payments become very easy as the customers get tired of queueing and don’t have to stand in line. To make it easy for customers, mobile payments are encouraged. The staff gets to spend some quality time with them and also serve them better. Self-service options also offer a smooth experience.
With this, you need to have a dependable provider of a centralized POS management system. EasyPOS is the up-and-rising POS provider that helps retailers maximize their full potential. Integrating EasyHQ with BIR-accredited EasyPOS, retailers can now monitor in real time the performance of their various branches.
EasyPOS sets your establishment the right way by helping you manage day-to-day transactions on the dot.
Book a free demo now and see how things will go in your retail or restaurant chain. 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).