5 Reasons why PoS software is better than a cash register
Posted Date : 7-March-2018
Technology has drastically altered everything we do in the world including the way
we shop for essentials. Modern retail stores are seen ringing up
sales using advanced PoS software that were nowhere to be seen about a decade
back.
So, what is it that made these systems take over the traditional cash registers?
Let’s take a look at 5 reasons why a PoS software is better than a conventional
cash register & why you should have it in your retail store:
Simplified Accounting & Reporting Process
No one who has used a PoS can deny the simplicity with which it can help complete
accounting and reporting tasks. Instead of wanting the accountants to sort hundreds
of sales receipts, an automated PoS can generate detailed reports about sales that
can be used for accounting process. One can also check past transactions with an
ease that is a challenge while using a cash register.
Inbuilt Automated Inventory Management System
PoS software is meant to simplify retail operations. That is the reason almost every
one of them has an inbuilt automated inventory system. While cash registers do not
offer the luxury to maintain inventory, its modern counterpart has the capabilities
to automate everything from creating purchase orders, automate ordering process
and keeping a real-time track of fast moving inventory inside the store without
any hassle.
Faster, Convenient & Customer-friendly Operations
A point-of-sale software improves the checkout process. As it is easier for employees
to ring up sales using such software, it speeds up the whole activity. Anautomated
software can authorize credit card transactions and print customer receipts that
is not possible using conventional cash registers. Also, as modern workforce is
used to computers and tech, it is easier for them to adapt to a retail environment
in presence of an efficient point of sale software for assistance.
Eliminates Chances of Error and Promotes Transparency
Traditional cash registers are prone to errors due to human negligence. A simple
push of a wrong button could lead to massive error while ringing up sales. This
might even annoy your customers, making them turn away from your store. Instead,
when you have an automated PoS software in place, you can make sure the sales ringing
process is automated, leading to lesser chances of errors. As the software takes
care of information related to a particular product inside a store, there is a negligible
chance of error in the final invoice. Moreover, invoices generated using PoS are
much more detailed than cash register receipts, promoting transparency.
Practically Zero Maintenance Costs
An automated point of sales software is considerably cheaper than a cash register.
As a cash register has many mechanical moving parts, they are prone to damages and
normal wear and tear, making them harder to maintain in a digital world. As a point
of sales system is automated and digitized, you just need to purchase the same from
a reliable provider such as HDPOS and sit back
relaxed about retail operations. No more you have to worry about faulty cash registers
again in life once you invest in a PoS software.
HDPOS can help you in deploying an efficient system that will not only take care
of sales but also inventory, accounting and other aspects of your retail business.
Using the automated PoS solution, you can keep your mind free from worries related
to operations and focus more on expanding your retail footprint.