HDPOS smart is one of the best pos software that is designed to automate retail billing counters and point of sale terminals. It is especially good at handling inventory and financial accounting besides billing activities.
POSist is a leading cloud based Point of Sale solutions provider. With the motto of providing "Training free" and "Easy to use" scalable solutions, we have successfully registered a PAN-India presence, with 1500+ customers in over 62 cities and 5 countries.
GoFrugal provide POS software solution to single and multi store business and our point of sale system supporting more than 25 types of businesses like retail supermarkets, restaurants, apparel, pharmacies & more.
ePaisa point of sale software is enabling small and medium businesses (SME’s) to run their businesses more efficiently with same tools as the big businesses use thereby increasing profitability and efficiency for SME’s.
Torqus Point of Sale software takes comprehensive care of all the front-end activities. It not only helps streamlining the billing process, but also enables evaluation and analysis of every branch by generating numerous reports.
EasyPOS is a Free Online POS software & inventory management Software for retails. This Point of Sale software is trusted by thousands of stores worldwide. It is the most simplified POS and needs no special training to be used by your employees.
GINESYS is a leading provider of specialized pos software solutions for the retail value chain - from manufacturers to retailers. Easy to use point of sales (POS) software solution for retail chains in fashion, FMCG and other verticals.
eLitePOS offers complete touch based POS System for Hospitality Industries like Restaurants, Fast-food, and Bars. Best functionality of this system is easy to manage, Front-office & Back-office manage, Recipe and Inventory Management, Home Delivery management and more.
Majority of retail business stores all around the world have resorted to the implementation of Point Of Sale software. Acting more or less like a manual register documenting various cash transactions, this particular software finds specific application in brick and mortal retail businesses. Also, this software keeps compliance with the Inventory System, thus providing greater feasibility for hassle free operations.
Nowadays, the presence of a highly effective Point Of Sale system is considered mandatory for smoother functioning of any retail business. If the POS software is implemented in combination with advanced system technology and creative marketing strategy, better business standards and greater financial growth of your business is a sure-shot guarantee!
Why Is It Essential To Have POS System In Your Business?
A point of sale system software basically provides greater automation and high business standards in the brick and mortar retail industry. The various features and extensive digitization of the business done through the implementation of the software helps in better streamlining of operations on the whole. Improved sales, greater accountancy solutions and excellent business standards prove highly beneficial for the corresponding business.
Some Outstanding Features:
Faster checkout solutions for better operations in terms of sales management
Highly efficient inventory tracking and monitoring facilities for greater control over resource usage
Detailed maintenance reports and customer profile generation.
Extensive database solutions and highly efficient data support system
Mobile application for monitoring and tracking of information on the go
Payment card industry agreement for enhanced trust building with customers
Extensive reporting and graphical mapping tools for critical analysis
Full time customer support solutions
Fully customizable user interface with easy to use solutions
Cross platform synchronization for better compatibility
Some Pros Of Using A POS Software
1) Newer Billing Systems: The POS system can be loaded on to the tablet or smartphone. For a small business, this can be the best way to generate a bill for customers. For example, if you have a website, your online shopping cart can be integrated with the POS system on your tablet. Customers who buy online can also use the same POS system.
2) Cheap and Portable Option: You can carry your POS systems everywhere you go as long as it is loaded onto your tablet or smartphone. Cloud-based systems are cheaper and the set-up cost isn't very expensive. The benefits offered to small mobile businesses are amazing!
3) Financial Reporting: Small businesses cannot afford bookkeeping and taxation services to track their papers. But POS systems have in-built bookkeeping and taxation software. You can go through the reports and generate your tax data in a matter of minutes. Hence, with your POS system, the filing of your tax returns will become easier.
4) Track Customer Data: Everyone needs to track current customers in order to generate leads for new customers. You can collect email IDs, generate newsletters or gift cards, start a loyalty programme, track favourite purchases, set up a notification for out-of-stock items etc. You can do all this with the help of POS system.
Some Cons Of Using A POS System
Lack of efficient security may pose difficulty in maintaining confidential records.
Presence of an internet connection is necessary to maintain streamlined updation of data and facilitation of backup
Centralization of the system done using this software creates potential risk of combined failure of the systems
The compatibility of the software requirements and system specifications, if not maintained properly, can lead to loss of critical data
Presence of technical glitches in the system can lead to substantial loss of data.
POS System are often prone to attack by unauthorized users leading to stealing of essential data
Impact Of POS System On Small Business
Large/multinational businesses have employed POS systems for many years now. These POS systems are robust, highly customized and sophisticated. Tablet-based POS systems enable small, consumer-oriented businesses to efficiently avail business benefits. These tablet-based POS systems can be customized for small businesses with a specific functionality. Because of this, smaller businesses can optimize in the following ways:
Understand well enough what sells best and re-evaluate the offerings
Manage business expenses, employee productivity and inventory
Engage the customers with loyalty rewards and other promotional offers
For a small business, it is important that their POS system offer functionality and configurability to address their business needs, and enhance the connection with its target market. Intelligent POS systems come with flexibility and customization, so that it fits the whole business package. For example, integrated payment processing decreases the need for lengthy decision making and uncertainty.
How to Choose a Point of Sale Software for Small Business
In case of inventories, organisation and consistency is the base. Imagine having a system that can automatically log all the factors in real time and save them to a database across a network that you can access easily. Also, you can have a detailed analysis of data with which you can see popularity, sale price and timing of the products. The thought of employing new technology in your business can feel a little exhausting. But with POS systems, everything becomes user friendly. They allow the staff to be focussed on the customer, along with physical preparation, sale of products, etc.
Many manufacturers and suppliers have started with statistical feedback that enables them to change their services with the needs of their customers. POS systems have numerous packages and applications. Once you obtain the basic hardware, you can choose the other tools and services that are beneficial to your business. A good POS software is very valuable to a business and they are cheap in terms of price. You do not have to invest large amount of money as POS can help you to maximise your savings.