Content
1. What is POS?
2. What are the advantages of Using POS?
3. What are the different types of POS?
4. Features of EPOS and Moiboo POS
5. Comparison between EPOS and Moiboo POS system.
POS or Point of sale is that point of sale or purchase where in the merchant calculates the amount that the customer needs to pay, prepares an invoice and provides the customer with options to pay.
Advantages of using POS system
1.Strengthens Efficiency
POS software systems give confidence to the store staff. They do not have to memorise all the prices of the items. The prices of the products will be displayed on the screen with a small image as you keep adding to the cart helping you identify the items to be selected. The time taken to do the billing manually is reduced.
2.Management of Stock
The shopkeeper is easily able to keep a stock of the goods that have been sold and the goods that need to be added to the stock. In this way he can keep a good control on the stock.
3.Maintain Price consistency
If you have multiple stores or locations, maintaining price consistency can be an issue, in this case POS system can be a real boon. POS can access all the locations database and maintain price consistency throughout.
4.Staff Management
Every transaction is mapped to a sales person, so it is easy to track the performance of a sales person. It helps the management to identify which sales person has been a star performer and which sales guy has been a weak performer.
5.Simple Accounting Process
The accounting process is simplified with the POS system. Receipt generation is done automatically and invoices can also be generated to the customer. Errors are also minimised.
6.Accurate reports
Pos systems facilitates reports to the management. Any data relating to any past data can be retrieved from the POS system. Decision making reports to the management can be obtained from the POS system.
Types of Point of Sales
- Counter- based point of sales
- Mobile point of sales
- Online point of sales
- Omni point of sales
Comparison of EPOS and Moiboo POS
POS or Point of sale is that point of sale or purchase where in the merchant calculates the amount that the customer needs to pay, prepares an invoice and provides the customer with options to pay.
Advantages of using POS system
1.Strengthens Efficiency
POS software systems give confidence to the store staff. They do not have to memorise all the prices of the items. The prices of the products will be displayed on the screen with a small image as you keep adding to the cart helping you identify the items to be selected. The time taken to do the billing manually is reduced.
2.Management of Stock
The shopkeeper is easily able to keep a stock of the goods that have been sold and the goods that need to be added to the stock. In this way he can keep a good control on the stock.
3.Maintain Price consistency
If you have multiple stores or locations, maintaining price consistency can be an issue, in this case POS system can be a real boon. POS can access all the locations database and maintain price consistency throughout.
4.Staff Management
Every transaction is mapped to a sales person, so it is easy to track the performance of a sales person. It helps the management to identify which sales person has been a star performer and which sales guy has been a weak performer.
5.Simple Accounting Process
The accounting process is simplified with the POS system. Receipt generation is done automatically and invoices can also be generated to the customer. Errors are also minimised.
6.Accurate reports
Pos systems facilitates reports to the management. Any data relating to any past data can be retrieved from the POS system. Decision making reports to the management can be obtained from the POS system.
Types of Point of Sales
- Counter- based point of sales
- Mobile point of sales
- Online point of sales
- Omni point of sales
Comparison of EPOS and Moiboo POS
COMPARISON OF EPOS AND MOIBOO – SUPERMARKET BUSINESS
CONCLUSION
POS system helps to automate a retail business end to end. It serves as an advantage to the retailer to perform various tasks from billing to invoicing to accounting to printing detailed receipts to the customer. The customer also enjoys the fast service that is provided due to the POS system. Thus to conclude POS is a big boon to the retail industry.
