Functions of a Retail POS System

What would it be like never to have to worry about bookkeeping errors or where to get the money to pay all those bookkeeping professionals? Computerlink has made this possible. Their Retail Point of Sale Software has been designed to help businesses improve their sales records, inventory management, receipt processing, order processing and other aspects of a business. The cash register software is just an example of the efficient POS systems that are revolutionising the small to medium enterprise industry. Below we explore the various important functions of Retail POS systems and how they help boost productivity in a business.

Cash Register Software

Cash Register Software

Customer Order Processing

Keeping details about each and every customer is crucial for a business. It allows the business to handle each customer’s order personally and to their satisfaction. The customer order processing function of the retail POS system allows one to retrieve details about the customer such as special discounts, payment means and delivery details.

It automatically applies any discounts where applicable.

An order can be altered depending on the customer’s needs.

Automatic placement of out of stock products on backorder.

Creation and printing of proforma invoices, quotations and picking slips.

Each customer thus gets to handle personally and this plays a big role in improving business-customer relationship.

Inventory management

If you have stocked your business with many and varied products, it is important to keep a record of each one of them. With POS systems you can keep track of products by item, group, supplier, store and season. This ensures that at any time, you are aware of the products in the store and where they are. Benefits of inventory management include;

It is accurate and easy to use.

Inventory management becomes more efficient and streamlined.

You can track your stock from the time you order it to the end sale.

With inventory management you can observe sales trends which will help in better buyer planning.

Stock Receipting

Whenever stock is received, it is receipted with a date, total and invoice number into the inventory system. You can therefore better control the stock within the business and note any discrepancies easily.

Purchase order management

Cash register software and other POS software make tracking of purchases and their delivery easy and efficient. Other than tracking the purchases, you can amend them at any time and once the stock arrives it is easy to match it against required deliveries. Purchase order management also allows one to keep track of stock levels to ensure they are not depleted.

Customer control

Keeping present and past customer records is very important. With customer control software you can easily view present and archived details and reproduce customer statements such as invoices within a few seconds. Each customer’s account is well kept and maintained. This is especially important in debt control where outstanding debts and slow payers are noted.

Other important features and functions of cash register systems and other point of sale software include daily close and end of month reports, loyalty system, online help system, touch screen technology and an easy to use web shop interface. Check their website at http://computerlink.com.au for more details.

 

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