If you’ve done any research, you already know there are countless point of sale retail systems available on the market. You probably also know that they range tremendously in:
Whether you’re using retail point of sale software for the first time, or you’re looking to upgrade to a better system, making the right choice is crucial. For instance, a feature-laden system might prove overly difficult to use, while a standalone retail POS system might not help you manage other aspects of your business.
Here are some tips to guide you in the right direction…
If you’ve been managing your business using independent software programs, you’re missing out on an opportunity to streamline the way you operate. A good example of this would be using Quickbooks to handle your accounting and another standalone platform for point of sale. By choosing a point of sale retail system that can do it all, you will:
- Eliminate the need for multiple data entries (and reduce human error as a result)
- Access business information from a central database
- Facilitate communication between various departments
To learn more about this read: Beyond Quickbooks: Is Integrated Accounting Software Right for You?
Real-Time Inventory Control
Pretty much all retail point of sale software these days will process transactions and track inventory levels to some extent. However, not all products will allow you to monitor inventory in real-time. This is a major advantage for maintaining optimal stock levels. As a result, you’ll be better equipped to:
- Make informed buying decisions
- Avoid unnecessary costs associated with overstocking
- Keep the items in stock that your customers demand
In addition to real-time functionality, having an online POS system is essential in today’s highly competitive retail market. This gives business owners and managers the ability to review data anytime, anywhere. That way, you can remain productive whether you’re:
- Sitting at your desk
- Visiting another branch
- Attending a trade show
- Away from the office
Ease of Use
It’s easy to get overwhelmed by retail POS systems if you’re not familiar with them. However, with the proper training and follow-up support, you might be surprised at how quickly you become accustomed to using it.
The trick is to find software that offers the functionality to meet your business demands, while maintaining an easy-to-use interface.
Just because you’re operating with a small sales team now doesn’t mean you always will. When investing in a point of sale retail system, it’s always good to envision what your company will look like further down the line. This will ensure the option you choose is flexible enough to grow with your business.
If you’re wondering what to expect from a point of sale retail system, call one of our expert consultants at Windward Software. We’d be happy to discuss your business needs and determine which of our software solutions will help you achieve your goals.