POS & Inventory Management

POS & Inventory Management

What Is a Point of Sale (POS) System?

A combination of organizational, administrative, and advertising capabilities are required to run a retail business. These capabilities are essential to the successful operation of your shop, whether assuring there is enough inventory to compiling monthly sales statistics.

An functional point of sale (POS) system should go a long way further ensuring that all of your operations are running smoothly, and retailers who invest the time and money to have such a system in place before they require it will gain from it. In this article, we chat with two industry professionals who will offer advice on what features to look for in a POS and how to pick the right one for your restaurant or retail establishment.

Why use a POS system to manage a store?

The cash register is one of the focal points of every retail or hospitality establishment. To operate the company smoothly, it must be able to execute transactions and accept money. Replace your cash registers with a Point-Of-Sale (POS) system if you process a lot of cash transactions to save money. A POS system is a network of hardware and software that tracks inventory and sales as they happen. Numerous issues in your company might be resolved by POS systems. The reports produced by the POS system are extremely useful for both short-term and long-term management of the firm, according to many owners and managers. The POS system provides a view of the entire organization that is difficult to understand in other ways, including revenue and profit data, ordering reports, and product sales information. If anyone interested to view the software then please register via www.omnipos.club 

Key Features Of (Point of Sale) POS System

  • Multiple Business
  • Multiple business Locations, Store Fronts, Warehouses
  • Set Currency, Time Zone, Financial Year, profit margin, tax
  • Registration details, and more options…
  • Single & Variable Products
  • Enable/disable Stock Management
  • Add Brands, Category, Units, Tax Rates, Group Taxes.
  • Products with Expiry
  • Low Stock Alert & expiry alerts
  • e Predefined SKU or Auto Generate SKU
  • e IMEI/Serial number, Lot number
  • Print Bar-code & Labels
  • Selling price group
  • Import product CSV, and much more…
  • Add, Edit, Delete, View, Print purchase
  • Purchase return
  • Credit, Paid & Partially paid. Multiple payment options
  • Payment reminders
  • Taxes, Discounts, Shipping Charges
  • Specify product Lot number & expiry
  • Upload purchase document
  • Quick Add Product in purchase screen
  • Add, Edit, Delete, View, Print
  • Credit, Paid & Partially paid sales
  • Sales Return
  • Taxes, Discounts, Shipping Charges
  • Keyboard Shortcuts
  • Improved POS to save time (no page reload, Fully Ajax)
  • Payment options – Cash, CC, Bank Transfer
  • Walk-In or Quick Add Customer
  • Specify commission agent
  • Add contacts as Supplier, Customer or Both
  • Pay Terms & payment alerts
  • Details payment details.
  • Detailed Purchase & Sell transactions
  • Advance user management module
  • Permissions & Roles
  • Commission agents
  • Assign Business Location(s) to a role
  • Predefined Roles – Admin & Cashier
  • Add cashier for business location.
  • Staff Salary and expense management
  • Powerful reports with filters & charts
  • Profit & Loss report, Purchase & Sell report, Stock reports
  • Trending product report, Tax reports, Expenses reports
  • Suppliers & Customers report, Cash Registers reports
  • Salesperson report etc
  • SMS & Email notifications
  • Interactive Dashboard with overall shop details and charts
  • Stock Adjustments, Expense management, Cash Register
  • Fully Customize invoice layout, barcode settings
  • Supports Barcode Scanner, Thermal Printer (ESC/POS)
  • Translation Ready, Detailed Documentation
  • Features are Quality Checked to assure it works perfectly
  • Frequent updates & More Features releasing soon…

Core Benefit of a POS System

Reduce Shrinkage

Understanding shrinkage is made much easier when inventory amounts are recorded in real time. Receiving and inventory features are included in every POS system today. When used properly, these features decrease “out of stock” situations, assist in identifying the sources of inventory loss, and simplify corporate administration in general.

Manage Specials

Tracking current and discounted price is automated by POS systems. Discounts, discounts, and promos are frequently essential to luring in new clients and keeping existing ones. POS systems are excellent at automatically maintaining and balancing short-term discounts.

Maintain Control

Many business owners discover that efficiency and customer service suffer when they’re not on site. POS systems give you the ability to track volume and performance when you’re not on the floor or you’re busy with other tasks.

Improve Efficiency

Your team can focus on duties that generate income, like serving clients, thanks to POS systems. It does away with the requirement to confirm inventory discrepancies and cash register reconciliation. POS systems significantly save the time and effort needed to do inventory and other monotonous paperwork. Higher customer happiness, cheaper expenses, and increased sales all result from increased efficiency.

Timely and Accurate Reports

You can examine sales data thanks to POS systems. The success of a pricing strategy or advertising campaign can be evaluated. You’ll be aware of the goods and quantity that need to be ordered. High profit products may be found and promoted more aggressively. Calculating daily gross income, costs, and profits is simple. Analyzing historical data enables you to predict your future requirements.

Improve Customer Satisfaction

The checkout procedure will be greatly accelerated by using a POS system with a barcode scanner. It enables you to identify your finest clients and thank them for their business. Customer information from credit card transactions may be readily collected and used for incentive programs and targeted advertising.

Manage Using Remote Access

You can operate the system while you’re on the move according to several POS system software packages. Remote access enables you to monitor what is happening at the site and take appropriate action, whether you are between stores or taking a day off.

Flexible Expansion Options

You can usually add registers and administrative computers with most POS system software. Make sure you can link the various stores over the web or another connectivity mechanism if you plan to expand. This will enable you to manage all of your locations with a single system.

Our Supporters

Omni POS

We are inspired and supported by www.omnipos.club for their convenient service. This is a Point of sale (POS) web Application for multi purposes. Here visitors can trial with a limited time frame  and  can preview the desire outcome. They are selling their services at a reasonable price with different category. They also offering discount for a limited time. So Hurry up! Choose your desire plan. 

For more information or if you need any query please contact with our help desk below.