Since the 1980s, pos have become one of the most necessary tools in streamlining purchases. As digital technology advances, the point of sales ability to perform multiple operations has steadily increased. Today, POS Systems would allow you to manage complex inventory, gather and organize data. POS Systems also generate reports and integrate with accounting alongside the regular ringing up of sales.
So many people think that the POS system is complex. (While this is true), it quickly becomes easy to operate with adequate guidance. To match the appropriate pos system for your business, doing your research and asking questions is key.
We will look at frequently asked questions and try to answer each question with as much clarity as possible. We hope this can guide you as you decide on a system.
1. What are POS Systems?
Firstly, POS stands for point of sales. At its most basic level, the POS system refers to the cash register in a store, where customers execute payment after making a purchase. With the advancement in technology, POS solutions have gone on to perform complex operations like warehousing, complex accounting, and HR functionalities. This POS should not be confused with the handheld agent banking POS used for payments and withdrawals. The POS System consists of hardware that includes touchscreen terminals, receipt printers, cash drawers, and kitchen printers, depending on the business type.
2. Why Do I need a POS System?
POS software allows you to record transactions, accept payments, and issue receipts when customers purchase in-store. If you have an eCommerce store with the POS integrated, this enables you to centralize access to your business both in-store and online. Performing inventory, accounting, or administrative tasks are prone to many mistakes if done manually. You would not be able to ring up sales (which exposes your business to a risk of theft) if you do not have a point of sale system.
POS systems help you save time and stay efficient compared to alternative tools.
3. What are the different types of POS systems?
· A desktop POS system works on your computer or laptop as a desktop application. Desktop POS systems get used in several places ranging from a retail store where cashiers ring up sales to hotels where attendants book and manage the rooms.
· The Mobile POS or mPOS is the type of point of sales that runs on your phone or a mpos device. All you need to do is attach a card reader to the device, and you will be able to ring up sales.
· The All in one POS System: This point of sales system works on both computer and mobile devices like android or tablets, ideal for growing businesses. This type of system is flexible and able to work in different environments.
4. Do you provide a server for Businesses?
Yes, we do. We will present you with a few options based on your business type, the size of your inventory, and how many functionalities you require.
5. If the server stops working, will the pos terminal process sales?
Most POS Software with offline modes will continue to work even when the server experience an interruption. When the connection is re-established, the data from the offline transaction syncs and uploads to the memory for use in transaction details and reports.
6. Can the POS software be operated from anywhere outside the store location?
Yes, this is possible if your pos software is accessible via vpn, cloud-based or a hybrid-based system. The hybrid system is one where you have your cash-point installed on a physical system, your inventory and back-office stored in the cloud.
7. Can I Transfer My Data on a current POS to a New POS System?
In most situations, this is possible. However, we have to confirm that the current software can export details but each case would need individual evaluation.
8. Can I gather customer data with POS Systems?
You can retrieve customer details and sales reports filtered by customers efficiently with a point of sales software. Reports are generated from the data stored by your POS System. These reports are filtered into categories of optimization, comparisons, and application of the data in the future.
Conclusion
Questions are necessary when making financial commitments. We have tried to answer each question with as much clarity as possible. However, if you require additional explanation, please email us at solution@yanot.ng
