Switch to a Point of Sale System (Switching to a POS) can provide you with the instant information needed to help you make the best informed decisions about your business. This is the type of information that may take hours, days or even longer to compile using other methods. When you switch to a POS or “Point of Sale” system, you get that information instantly so your decisions can be made far more quickly.
Attention business owners who are not satisfied with how their business is making money, particularly for those running restaurants, diners, bars, and other eating establishments. There is a simple, yet powerful way to improve efficiency, track sales, and save money for your establishment.
Why Switch to a Point of Sale System
In fact, here are seven reasons why you should switch to a Point of Sale system to help your establishment start showing greater profits, leaving you in a position to manifest better service for your customers.
Keeping Track of Promotional Items
Here, you can keep track of the items that you have promoted through your advertising efforts, whether through discounts, print ads, Internet promotions and the like. Now you can instantly access your sales and see just how well your advertising efforts are paying off.
Tracking Discounted Items
When you switch to a Point of Sale System, you will not have to go through all of your daily receipts manually to see if your discounted items are actually moving. With a POS system, you can see instantly how your sales are progressing.
Better Management of Employees
By keeping track of who is working at what time, you can compare your accounts payable (the total wage amount accumulating at the same time) to your accounts receivable (sales being earned). In this manner, you can better adjust employee hours so that you can actually save money and increase efficiency. In addition, you can track which employees are adding to the bottom line and which are compromising your efforts — although you should already have some idea about employee performance without looking at the figures.
Keeps Track of Sales
POS systems keep track of all sales which means you can access that information at a click of a button to see what is selling and what is not. For retail businesses, you can compare what is left in your inventory to the sales that are being made instantly so you know what to restock and what items to discard.
Be the Boss, Even if You are Away
When you switch to a Point of Sale system, you are in essence creating a second version of yourself. The POS system keeps track of employees, sales, and customer service with an automated record that you can check. Employees know this, so they keep up their efficiency even if you are gone.
Link Together All of your Stores
If you own and run more than one store, few issues can be as embarrassing as having a customer ask why an item is priced higher at one of your stores than another. POS systems can link together all your stores to insure that the items are all priced uniformly.
All In One System
Perhaps the main reason switching to a POS system is that you can pull together all the necessary information from one source so you can track sales, employees, orders, inventory and more simultaneously.
When you switch to a Point of Sale System, you are in essence switching to a more efficient, more profitable business model — the objective of any successful merchant.