BENEFITS

• whatshotDetailed reports
  

  The essential feature of any POS system is that it can store much more information and that too much faster than a traditional cash register. It gives you the facility to pull out information from any terminal of the business within seconds, directly through the central hub, which has access to all inventory data of your business. A point of sale system can pull out reports on the fly and brings up to date and exact information about sales, items, time log and much more.
• whatshotFaster checkout speed
  

  Since POS system primarily uses bar code scanning or similar feature, hence modifying and completing a transaction is done at a more rapid rate. When you make a comparison between the traditional methods and the point of sale process, you can easily see the transaction time difference. Keyboard entry of a 12 character data, which is a typical UPC length, would take about 6 seconds and scan it in the form of bar code would take just about 2 seconds. Obvious now, this system is faster and accessing data is easier too. POS system facilitates using features like 'refunds, void or no sale' so simple that it's just a click away.
• whatshotAccurate reports
  

  Accuracy is the most important factor when you are dealing with an extensive inventory. One single mistake can lead to a blunder. "To err is human." This has been a long known proverb, and no one can prove it wrong even today. Using a POS system makes your calculation and database almost 100% accurate. Unless the machine somehow malfunctions, there can be no mistake for even the 10th place of a decimal in your calculations.
• whatshotFast Facts
  

  As per studies, standard keying of details by even experienced cashiers is one error in every 300 characters typed using a keyboard. Now let's see the case with POS system. A bar code reader for example here has a mistake in 15,000 to 36 trillion characters scanned, and it depends on the type of barcode. Yes, this is a huge difference. Apart from making mistakes through the traditional method, it also incurs the extra cost of correcting the mistakes and making the final reports faulty. Some of the times, the prices of some items need to be changed, and it might be a hectic task to make the correction at every junction the data is stored. In the POS system, you can make the change at every place by just making the change at the hub or the back office primary database. Some of such software prints shelf labels and you might not need to modify the price tag on every item.
• whatshotEasy tracking of inventory
  

  A Point of sale system keeps a better record of the inventory. It gives you an accurate figure of how many items were sold. It keeps regular track of all the product movements taking place. This is a very efficient and helpful factor for any business. The inventory details have all the data about the product movement like the sales, date of sale, price and much more. It helps you to manage sufficient amount of inventory in stock and makes sure that it never lacks in any particular item.