NCR Counterpoint Blog

8 Ways To Unlock The Power Of POS

Posted by Kendall Reed on Mar 29, 2016 10:58:18 AM

A point of sale system can streamline your business’s internal processes and improve customer experience. Here are eight simple ways to unlock the power of POS in your business: 

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Flexibility. Whether you sell from one brick-and-mortar location or in multiple venues, a POS for retailers simplifies inventory management and operations in all channels. If you choose a mobile POS, you can even accommodate customer sales at off-site events, and move inventory to and from various locations remotely to ensure customers have real-time access to the products they want.

Adapt to changing volume. Growth in any business is good — but it can add complexity and costs to your internal processes. A retail POS system helps you and your team keep track of inventory, sales, customer relationship management, financials and even loyalty programs — regardless of how lean your business may be. 

Scalable to suit your needs. You may have big dreams when opening a business, but you may not know which offerings will most appeal to customers, or how you’ll need to change your strategy to adapt to new trends. A POS provides the flexibility to change your business with the times when needed, without requiring that you change systems.

Accommodate all types of payment. The best POS system depends on your business needs, but all score high on their ability to put the customer in control of how they pay — including cash, credit, debit, gift cards or a mobile device.

Meet customers where they are. Retail point of sale systems can simultaneously simplify your business processes, while improving the point of sale experience of your customers. A mobile POS even equips any member of your sales team to meet customers at the exact moment they are ready to purchase, anywhere in your store.

Real-time access. Though POS systems can be hosted from traditional servers, they can also provide access to your POS from anywhere, when you need it. For example, a cloud-based system allows you to log in to your POS remotely to manage business operations in real time — even if you’re miles away.

Easy to use. The best POS system is the one that your team can adapt to quickly and use confidently to support business operations. Today’s POS systems are designed with usability in mind, for seamless integration into any business model.

Stable. Regardless of how many sales you make each hour on your POS, you can’t afford for it to stop working due to technical issues. Choose a POS that offers the support you need to resolve issues completely and immediately — should problems arise.

Topics: point of sale