Key benefits of POS in Retail stores

Retail Point of Sales is defined as the system that records all the financial transactions in stores. This system includes a computer, monitor, cash register systems, touch-screen display, printer, magnetic stripe readers, customer display and a bar code scanner. More and more system monitors use touch-screen technology for ease of use and a computer is built in to the monitor chassis.

 1. Provides a profit:

      • Can use the data on the best selling items
      • Focuses on higher-margin items
   
2. Saves your valuable time:

      • It reduces your time of work in doing of inventory and paperwork
      • Makes checkout faster

3. Improves productivity:

      • Eliminates duplicate entry of orders
      • Automatically calculate and creates restocking orders
      • Control track orders, prepayments, invoices, and cash payments

4. Manages employees:

      • Records the amount of hours worked by the employees
      • Integrates the table of employees for each department

5. Prints labels and posters:

      • Print labels for store products or for external batches
      • Create labels by sub-department

Benefits for your Customers:

Improves your customer relationships:

      • By offering gift cards and certificates
      • By allowing returns and exchanges at any location
      • By using printable coupons

Benefits for your Employees:

      • Tracks your staff performance
      •Stores and retrieves contact information
      • Access control

How to defeat market using POS system

In order to attack your market efficiently with POS system you will need the best POS software and POS product available.POS systems are used in various business industries. Main industries are: Restaurant industry, Hotel industry, Hair and Beauty industry, Retail industry and Hardware industry.

Restaurant Industry:

The POS software of this industry run on the restaurant computers and tills. This can be of stationed touch screen devices or wireless handheld devices. Main purpose of this to use in restaurant is to assist business, track transactions in real time, print orders, follow up orders, print customer bills, process payments and run different business reports.

Hotel Industry:

Point of Sale systems are usually integrated with Hotel Management System in hotel industry. These are used to follow and transfer customer orders from restaurant to the customer room.

Hair and Beauty Industry:

In this type of industry POS are used for control and increase in business efficiency. Through it can create performance reports like appointments, client database, employee working roster and checkouts.

Retail Industry:

These industries are one of the largest users Point of Sale systems. POS system in Retail industry includes computer, monitor cash drawer, credit/debit card readers, receipt printer, customer display and barcode-scanner. Point of Sale systems are used in retail from every day stores to fashion outlets .

Hardware Industry:

This includes Hardware Stores, Timber Yards and Building Supply Stores. It uses specialized POS software, which handles Special Orders, Purchase Orders, Repair Orders, Service Orders and Rental Orders. This industry prefers wireless hand held POS devices.

As a customer you must choose user friendly POS software in order to increase efficiency of your business and improve speed of your service. The POS system mainly provides:

    control of your business
    Delivery of a customer service
    Increase in your business revenue
    Reduce training time

If you achieve all the points then you are on the right path of success.

Ways to install Point of sale in Network mode

In the Server:

• SQL Standard Version has to be installed and started. 
• Install the Pre Requisites (see Q3 for details)
• Check up in the SQL Enterprise manager, whether the old Counter or IPO databases are present, if so delete them.
• Check up in the Add Remove programs, whether old point of sale Server version exists, if so remove it.
• Check up in the rot of the hard disk, whether any LDF or MDF file of Counter or IPO is present, if so delete them. This check has to done only after checking the SQL Enterprise manager for old Counter and IPO DB and deleting them if exists.
• Check up in Program files folder of the drives whether old point of sale server folder exists, if so delete it.
• Install the Server Component –note down the path where it is installed.
• After installation – share the path. Under Permissions - add the required user with full powers. 

In the Client:

• Confirm that the SQL in the server is running
• Confirm that the Network link is proper
• Confirm that you have logged in as user with full rights (or as a power user).
• Install the SQL Client component
• Install the Pre Requisites
• Check up in the Add Remove programs, whether old point of sale client version exists, if so remove it.
• Find or search for poin*.cab file in Windows or System or System32 folder. If found, delete it.
• Check up in the Program Files folder of the drive, whether the old installation folder - ie., Meghdoot Millennium Point Of Sale exists, if so , delete the folder.
• Install the Client Component and then configure.