SPRiNGS Products
Point of Sale
SPRiNGS POS helps you to improve efficiency in billing process to increase your business. It also provides you hassle free inventory management to save your time and provide analytics on your screen taps. No worry about products to be ended up, it aler 3
What is Point of Sale (POS)? And Why it is Essential for a Retail Business
POS or PoS is an abbreviation for Point of Sale. The term is applicable to a retail shop or store, the checkout/cashier counter in the store, or a location where such transactions can occur in this type of environment. It can also apply to the actual Point of Sale (POS) Hardware & Software including but not limited to : electronic cash register systems, touch-screen display, barcode scanners, receipt printers, scales and pole displays. Point of Sale Systems are utilized in many different industries, restaurants, hotels & hospitality businesses, beauty salons and let's not forget - the retail environments. In the most basic sense, if something can be exchanged for monetary value - a Point of Sale System can be used.
Sales tracking options
Different businesses get paid in different ways. For example, repair or service shops often keep invoices open until the work is completed, so they need a system that allows them to put sales on hold. If you sell expensive goods and allow installment purchases, you might appreciate a loan calculator that tabulates monthly payments. And if you offer rent-to-own items, you'll want a system that can handle rentals as well as sales.
Updating product information
Once a sale is entered, these systems automatically update inventory and accounts receivable records.
Pricing
POS systems generally offer a variety of ways to keep track of pricing, including add-on amounts, percentage of cost, margin percentage and custom formulas. For example, if you provide volume discounts, you can set up multiple prices for each item.
Security
In retail, it's important to keep tight control over cash receipts to prevent theft. Most of these systems provide audit trails so you can trace any problems.
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