With over 224,000 small businesses alone in Western Australia, the importance of establishing any business advantage is vital to compete and remain on top amongst your competitors. Advantages in your business can come down to single factors such as how your business deals with customer transactions and the processing system you use. Thus, leading to the question, is your POS system better than your competitors?
Long gone are the days of the old electronic cash register and credit card terminal, point of sale (POS) systems are here and have established their much-needed presence in your business. For those of you who are unsure of what POS systems are, they are systems that support your business transactions between your customer and your company. However, POS systems do MORE than just assist your business in the transaction process. POS systems are designed to report the data stored within the system such as sales, profits and expenses to name a few attributes. Data such as this is extremely valuable to have to make data-driven decisions, ultimately, more informed judgements in favour of your business!
Alongside POS systems is cloud-based POS systems, another valuable element that should be adopted into your business. Cloud-based POS is a type of point-of-sale system where information for transaction processing comes from a remote cloud service. This allows for the implementation of wireless tablet device use within your business, offering flexibility and enhancing your service by providing your staff with additional service points. The implementation of cloud-based POS systems into your business allows for the contributions of the following:
Simplicity: The difficulty linked with in-store servers, computer networks, time-consuming setup and preservation goes away. Just download the app required. It talks to the "head” of the system situated in the cloud and the business can start taking orders.
Flexibility: The full benefits of Cloud POS can be implemented in periods fitting to the need and budget of your business. Also, the flexibility concerning further service points is a huge benefit to your business.
Function: The functionality of the cloud-based POS system is particularly important. The most recognisable functions of Cloud-based POS are allowing multiple devices to be connected to the same network, works online and offline to the internet and provides real-time analytics and intelligent insights which are all available and accessible by the manager from a smartphone.
Now, with all of this in mind, would you be interested in installing and using a POS or Cloud-based POS system within your business? For more information, leave your details below and we will get back to you ASAP.