Deciding Which Point of Sale Software is Right for You

Owners of mid-sized retail chain stores can find the task of implementing new technology to be difficult and expensive. The costs of hardware and software, employee training and ongoing technical support can be prohibitive. However, if your company maintains from three to fifty locations, point of sale software should really be a priority. Finding a system that combines real-time technology with an inventory matrix is important. Doing business in today’s technology heavy world means that one needs to stay up to date in order to remain competitive.

Whether you sell sporting goods, electronics, footwear or apparel, your company can benefit from a real-time point of sale software system. You will have a great advantage when trying to please your customers if you know what is in stock, in transit, in storage, or on order at any given time. Being able to let your customer know exactly where a certain piece of merchandise is and how long it will take to get it to the preferred location can help you keep him satisfied. A happy customer is often a return customer. Thus, you can see that having a real-time software system can increase sales.

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Another benefit of point of sale software is cost reduction. Costs can be reduced by having accurate, immediate information so that good business decisions can be made. Purchasing inventory, moving merchandise between locations are both areas where costs can be reduced by having real-time information. Increasing sales and reducing costs will increase profitability. You can see that having an up to date system in place is essential in today’s business world.

Determining the type of software you require may appear to be a daunting task, but if you know what you are looking for, that will help you narrow things down. Cost is a prime factor, of course. High-priced systems that require expensive hardware, administrative overhead, training and long-term contracts are a thing of the past. You want a supplier whose point of sale software system is sophisticated, yet easy to use and cost effective. Many suppliers now offer a low-cost pay-as-you-go subscription service that can easily fit into a tight business budget.

Point of sale software systems can also be integrated with your existing tools, such as barcode scanners and credit card swipes. Your existing PC or Mac and operating system of choice can take the place of expensive on-site servers. Using a supplier that manages all of your data in a secure location allows you to better manage your business without the worries associated with training employees to manage the data. Web-based training by professionals can work with your schedule and that of your employees. Technical support is included in the package for no additional cost.

Of course, suppliers know that getting your point of sale software system up and running in a minimum amount of time is important to you. They use the latest technological advances to get you up to speed in days rather than weeks. Soon, you will be managing your point of sale software system from anywhere at the click of a mouse or touch of a button.

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Run.It Systems has created the industry leading point-of-sale system. We pride ourselves in designing fully-integrated business solutions specifically for the independent specialty retailer-whether that means a single store or sixty stores. point of sale software


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An Introductory Guide To Point Of Sale Systems For Retailers

Some beginning retailers wonder what point of sale systems are and what they are good for. It turns out that point of sale systems can help retailers gain special insights about sales trends, customer service trends, merchandising and other aspects of their businesses. As a result, retailers can use point of sale systems to increase their business’s bottom line.

Here is a brief introductory guide about point of sale systems that explains how they work and what they are good for. It includes a brief description of what point of sale systems are, what they are made out of and how they are often used in the retail industry.

What are point of sale systems in the retail industry?
A point of sale system in the retail industry is a checkout system that is used to process customer transactions for merchandise and services.

What are point of sale systems made out of?
Most point of sale systems contain several things that work together to process customer transactions. These things usually include:
1) A cash register that is hooked up to a computer that processes transactions.

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2) Software packages that process transactions such as sales, exchanges and payments.
3) Physical space that allows transactions to occur.
4) Trained clerks who operate the cash register and execute transactions.

Some newer point of sale systems may also include a virtual interface that allows customers to conduct transactions without needing to see a person or a place in real time. A good example of these virtual point of sale systems include the checkout cart interface that most websites have that allow people to pay for products and services online.

How are point of sale systems used in the retail industry?
Retailers use point of sale systems to perform tasks that go beyond processing customer transactions. Retailers can use point of sale system to do other things such as:
1) Track how much merchandise is sold in a given time period.
2) Track how well clerks are providing customer service.
3) Track the how much revenue per sale is generated.
4) Track which merchandise needs to be re-ordered for faster inventory turnaround.

All of these extra uses of point of sale systems are important for retailers because the data that are generated from these applications can improve a retailer’s bottom line. This is true because the data that point of sales systems generate can show people which parts of the business are doing well as well and which areas need improvement.

While these insights may seem pedestrian to most people who manage retail stores, these insights are important because they provide the most accurate barometer of the overall well-being of a retail establishment.

As a result, new features are consistently being added to point of sale systems that allow retail store managers to gain more accurate information about such things as sales trends, customer service trends and marginal revenue streams.

Therefore, retailers should try to see point of sale systems as being something much more than a place where transactions are conducted.

To buy, and to find out more about point of sale, please visit point of sale software.


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Cecil Otter & POS – Traveling Dunk Tank **OFFICIAL VIDEO**

Cecil Otter teams up with his Doomtree partner POS on “Traveling Dunk Tank” from the 2009 SFR album release of “Rebel Yellow.” For more info on this album please check out www.StrangeFamous.com

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