Are you a merchant looking to invest in a POS system but wondering how to go about it? Well, you have come to the right place. In this article, you will discover the 11 best features of POS systems that will impress you. Let us dive in!
Today, there are so many things a point of sale machine can do to achieve efficiency, customer satisfaction, profitability, and more. But this has not been the case always.
Traditionally, mobilized cash registers were the only POS systems available, and these had only one thing to offer; recording sales. It wasn’t until the 80s and 90s when things took a drastic turn for the better thanks to technology. The National Cash Register Corporation introduced new features such as signature capture and store automation to improve the system. After that, POS systems experienced rapid growth, bringing us to where we are now; cloud-based POS systems. These are more advanced and have so many features that can benefit both small and large merchants. These include
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Mobile Apps
At this time and using an android POS terminal is inevitable. They allow you to perform critical tasks such as processing payments, accepting orders, etc.
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Product Categories
Product categories allow you to organize and find products faster and apply any other relevant settings. These can help you save a great deal of time.
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Stock Alerts
Most POS systems can support stock alerts to notify you when your stock runs out or is getting too low. Advanced systems allow you more freedom to decide when you want to receive these alerts, E.g., when the product units go below 15.
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Integrated Payments
All POS systems should support all forms of payments, such as cash, mobile payments, and credit payments. They should also allow the use of GPRS POS machine by merchants to accept credit payments from just about anywhere.
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EMI Feature
If there is one that merchants love, it’s the EMI feature on POS systems. EMI stands for Equated Monthly Installments. It is a feature that allows customers to purchase products from an EMI store without having to pay the total amount all at once, but instead does it in equal monthly instalments. The credit card EMI calculator helps determine the exact monthly instalment before making any commitments.
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Sales Prompt
Depending on your POS system, you can generate custom messages at some point in the transactions for certain specific products. For instance, you can ask the customer if they would need to purchase an antenna when buying a television. Sales prompt acts as reminders, just in case the customer forgets anything and is a perfect way for merchants to maximize sales.
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Promotions and Discounts
A POS system allows you to include discounts to your deals And the more advanced it is, the more freedom you have to set even the timelines for promotions.
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Split Tenders
A POS system should allow you to split tenders into two, allowing you to pay some of it in cash and put the rest in the credit card.
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Employee Management
All POS systems should support employee management features for productivity. They help you limit unwanted access and manage permissions in the system.
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Customer Management
All POS systems should support customer management features for your marketing strategies. They allow you to collect information such as
Customer contact information; addresses, phone numbers, email address
Sales trends; historical and buying behavior, and more
These will help create targeted marketing campaigns to enhance customer satisfaction and loyalty.
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Integrations
Your ideal POS should have a high integration level with other business software such as marketing, accounting, tracking, and CRM. That will help make your work easy running business.
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