5 Best Retail POS Software | Techjockey.com

Advancement of technology has revolutionized everything we do and the retail industry isn’t an exception. The constant need to improve processes and systemize them in order to provide quality service to the customers and at the same time eliminate human errors, speed up processes and reduce cost, more and more retail store owners are deploying POS software in their stores.

POS system acts as an electronic cash register, a high-end Retail POS software comes with features like inventory management, billing and invoice, barcode scanning, customer management, credit card payment processing etc. This software has the capability to –

Calculate cash due for every order entered
Keep track of the cash in the cash drawer
Record payment methods
Create sales report
Calculate payroll data
Keep track of the inventory
Keep track of the items sold
Record information of repeated customers

Modules Of Point of Sale Software
Retail Pos Inventory Management for Retail Shop - The retail pos inventory management module of a POS software helps with stock handling, procurement, and logistics, supply chain, warehouse management, inter & intra warehouse transfers, stock planning and more. For stores that handle large volumes of FMCG products, this module is particularly useful to keep a hawk-eye view over their movement.

Inventory management - also helps in automating manual activities, that would require excess human resources. A POS software’s inventory management solutions simplify your tasks related to managing stock.

Sales Tracking & Reporting with a pos machine - When a customer walks into your store for the first time, the POS machine is used to make a record of their personal information.

Employee Management - Employee management is a useful add-on module that helps businesses keep tabs on their employees. With this module, managers can track attendance and shift timings, and assign tasks to employees.

Point of Sales CRM - Customer Relationship Management (POS CRM) is vital for any business. The goal of CRM is to keep customers happy and satisfied and eventually, turn them into loyal patrons. After all, happy customers lead to better word of mouth publicity and more sales, eventually.

Reports and Analysis - The analysis module helps in customized report generation. These reports are made as per your requirement. It presents you with all the details in a synchronized form.

Electronic data interchange with Electronic Point of Sale Software - Electronic data interchange or EDI is necessary for meeting requirements of trading partners as well as sharing such EDI documents with the customers.

Warehouse management with POS Terminal - The warehouse management module is critical for tracking product costs and usage. These are further required for maintaining inventory levels and managing flow of the inventory stock.

Cost Analyzer - Average and standard cost methods can be used for controlling the cost of inventory with POS software’s warehouse management capabilities.

Order Entry with Point of Sales Systems - Along with different systems for processing orders, there also exists system for auto generated work/purchase orders.