Top Features of Point of sale
If you are on looking for a new point of sale (POS) system, you can get quickly. Online there are hundreds of options are there, each sharing all sort of features.
In today’s world, POS software should be a part of a larger solution that helps you to run and grow your business end to end.
Point of Sale (POS) Features:
Let’s start with the features of point of sale (POS) software.
1. Shortcut Keys and product lookup
Quick keys or shortcuts within your POS system that allow hitting a single button for a commonly sold item.
You can easily access the rest of your catalog and quickly search or lookup products when ringing up sales. This search feature is right side on the sell screen so your cashier won’t have to jump into another screen just to look up an item.
2. Multiple payment methods or split payments
Traditional payment methods like cash and credit cards. Check for a POS that allows you to take mobile payments. You can split a payment in case a customer wants to split their payments across a few gift cards, and cash etc.
3. User accounts and permissions
If you are a one-person operation, chances are you will have multiple people working your registers. You need a system that allows you to create a user so that you can track the sales of every person makes. This feature will automatically allow you to set sales goals. You should also be sure to get a system that allows you to password protect for each user.
4. Returns, refunds and store credit features
A store’s return policy is important to its success. You should ensure that your POS system can help you to create return policy for your store by providing you the best options to return items for store credit or refunds.
5. Mobile Registers
It’s the digital era, you cannot afford not to have mobile registers. Typically, you will want to look for a cloud POS system that has a mobile app so you can run your software on mobile devices such as iPods, etc.
Mobile registers allow you to ring someone anywhere in the store.
6. Bulk product imports
In retail management system, you can upload all your products in a bulk. manually uploading each product will get tedious and is a waste of time when you can just get a system that will run a bulk upload.
7. Inventory management
The Inventory will keep track of all of your products and even help you see which products perform well and which don’t.
8. Product variants and composites
The software allows you to create variants of products. For example, take a clothing store. If they sell the same shirt in 5 colors. The system should be able to record that as the same shirt in multiple colors rather than as 5 different shirts.
9. Barcodes
Your inventory should be able to print barcodes or labels so that you can keep each of your products trackable and tagged. The barcode scanner allows the inventory system to know exactly where the item is in your system. Barcode scanners will be used to scan when an item enters a stock.
10. Stock and auto-filled orders
Your inventory management system should also order more stock for your store. You should be able to both create the stock order and you can also able to send it out to your suppliers through the system.
Some other business will also get benefit from a system that can automatically generate orders for them. If you have some items, an auto-filling feature will save you a lot of time.
11. Inventory Counts
Inventory counting is necessary as you need to track your stock and check for loss. If you use POS software that makes your inventory counting easier. Use scanner so you can count digitally rather than manually.
12. Stock Transfers
If the store has more than one location, a stock transferring feature is essential. Stock transferring will make easy for you to transfer items between stores so that you can easily move stock from one store location to another store location.
13. Loyalty Program
These programs are not necessary, but they sure will help grow your business. Your POS should be able to provide you with a full set of reports that help you to track the performance of your business.
