Tag: POS

by James Adam

Boost your Retail Business with Power Couple POS and ERP


Business

ERP advantages and benefits are not hidden from anyone. With the beginning of the digital era, 2020, we are seeing new trends and techniques that emerging businesses are adopting to embark on their journey of success. Adopting a smart enterprise at the organization is the next big thing spreading like anything in the market to give a new edge to your business.

Not just it streamlines your business processes rending you a 360-degree view and control over operations but also the intelligence to make strategic business decisions. Robust ERP systems like SAP Business One covers nearly all the industries to cater to their industry-specific challenges. There are even certain add-ons that make the solution even special making it a one-stop-solution for all your requirements. Also, to further add to its capabilities and solve your daily challenges – the right SAP Business One partner can customize the solution and enhance its efficiencies even more.

Now, talking specifically about the retail business, SAP has got some cool features too. But, what if you already have different software for particular functions and users at your organization are comfortable too with the same, but, on the other hand, the system is not integrated with other processes and you need to have one solution to handle other processes? Well, worry not – SAP Business One Retail has got you covered with its unique features and capabilities.

SAP Business One can be seamlessly integrated with existing systems rendering you more efficient business processes. For example, let’s discuss in detail what ERP together with POS (point of sales) system is capable of doing?

What is POS in Retail Business and What it can do with ERP

POS system is the platform where customers make the payments of their purchased items, and it keeps the complete record of order history, payment, transaction, bills, invoices, and further activities. This way, it provides you the power to offer relevant product deals and convert opportunities into leads.

It is a smart and intelligent system well-known among the retailers to seamlessly execute their business operations. When such a system is paired with an ERP, its efficiencies are enhanced manifolds.

Let’s see what ERP together with POS can do:

  1. Insights anytime anywhere: This powerful pair can empower you with detailed information on fingertips from any location. With detailed data in well-organized presentations and illustrations make a big difference when it comes to making critical decisions.
  2. Integration: Not just sales and purchase, but an integrated system can align and organizes your end-to-end business management.
  3. Accurate data: Maybe your POS system gives you accurate figures but while migrating it to different software or entering manually, you may experience some loss of information. With this coupled pair, there’s absolutely no possibility of errors.
  4. Better supply management: This intelligently paired system renders your complete visibility over the stock situation and controls over-stock and under-stock situations.

The good news for the leaders who are planning to switch to the best ERP software in India, like SAP Business One is that the software has in-built POS features. That means you need not spend separately on POS software.


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by James Adam

Here’s What You Need to Know About Your POS System


Technology

Do you love your business? There is a certain truth about owning a business whether you are a serial entrepreneur or a family-owned operation. You can put every effort into growing your business and still miss customers. What if you could ensure your business’ success just by changing one factor? This is what it’s like for businesses investing in new POS systems. With a long list of POS capabilities, the latest systems are extremely smart, mobile, and essential for business growth.

For some businesses, it is even more crucial to have a modern POS that can hook into multiple systems and devices, such as a restaurant. What should you look for in a new system? These are the most important features to look at as you pick out a POS system for your business.

Inventory Control and Re-Stocking Options

Some POS capabilities can revolutionize a business. For example, automatic re-stocking can turn a disastrous kitchen into one that runs efficiently and never has a backup on a busy night. Want to keep your kitchen manager happy? Newer POS systems can provide real-time reports on low inventory counts and even automatically send a re-stock order when you hit a certain threshold.

It’s also easy to prepare for special events, such as seasonal menus and other specific food items that you need to order in advance. You can make it a simple system process to keep every ingredient you need in your business.

Easy Employee Management

You don’t have the time to follow around every employee, but what if you could log in and check out attendance reports on the fly? You can see what employees are clocking in on time, and which employees are taking longer breaks. There are also settings to show sales per employee and other productivity reports.

Customer Loyalty Opportunities

Did you know that email has become the best way to reach your customers? When you can send an email about a new promotion, event, or other update, you are keeping your guests interested in your business and inviting them to come back.

For restaurants, email sign-up programs have become essential to keeping customers interested in new dishes, promotions, and special opportunities. When added to a CRM, a POS system can help you learn what customers really like as well. These insights give you better intelligence on what to market for the next quarter.

Faster Checkout Capabilities

Your guests want to come in and sit down to eat or put in a take-out order. How fast is your POS working to meet their needs? Do you constantly have wait times? Is your take-out system causing in-store customer breakdowns?

A modern POS system doesn’t have these issues. If you have problems with wait times, you can use mobile or tabletop POS technology to take orders and check out guests on the fly. For those restaurants that have take-out and delivery orders, you can set up a POS to automatically manage these orders, allowing your staff to focus on guest happiness and order accuracy.

Real-Time Sales Reports

You have to be able to see sales instantly sometimes, especially if you have certain goals for every day profit and loss at certain stores. You can keep your managers informed and help your business grow just by being able to see all kinds of sales data whenever you need to.

by James Adam

Here’s What You Need to Know About Your POS System


Technology

Do you love your business? There is a certain truth about owning a business whether you are a serial entrepreneur or a family-owned operation. You can put every effort into growing your business and still miss customers. What if you could ensure your business’ success just by changing one factor? This is what it’s like for businesses investing in new POS inventory system. With a long list of POS capabilities, the latest systems are extremely smart, mobile, and essential for business growth.

For some businesses, it is even more crucial to have a modern POS that can hook into multiple systems and devices, such as a restaurant. What should you look for in a new system? These are the most important features to look at as you pick out a POS system for your business.

Inventory Control and Re-Stocking Options

Some POS capabilities can revolutionize a business. For example, automatic re-stocking can turn a disastrous kitchen into one that runs efficiently and never has a backup on a busy night. Want to keep your kitchen manager happy? Newer POS systems can provide real-time reports on low inventory counts and even automatically send a re-stock order when you hit a certain threshold.

It’s also easy to prepare for special events, such as seasonal menus and other specific food items that you need to order in advance. You can make it a simple system process to keep every ingredient you need in your business.

Easy Employee Management

You don’t have the time to follow around every employee, but what if you could log in and check out attendance reports on the fly? You can see what employees are clocking in on time, and which employees are taking longer breaks. There are also settings to show sales per employee and other productivity reports.

Customer Loyalty Opportunities

Did you know that email has become the best way to reach your customers? When you can send an email about a new promotion, event, or other update, you are keeping your guests interested in your business and inviting them to come back.

For restaurants, email sign-up programs have become essential to keeping customers interested in new dishes, promotions, and special opportunities. When added to a CRM, a POS system can help you learn what customers really like as well. These insights give you better intelligence on what to market for the next quarter.

Faster Checkout Capabilities

Your guests want to come in and sit down to eat or put in a take-out order. How fast is your POS working to meet their needs? Do you constantly have wait times? Is your take-out system causing in-store customer breakdowns?

A modern POS system doesn’t have these issues. If you have problems with wait times, you can use mobile or tabletop POS technology to take orders and check out guests on the fly. For those restaurants that have take-out and delivery orders, you can set up a POS to automatically manage these orders, allowing your staff to focus on guest happiness and order accuracy.

Real-Time Sales Reports

You have to be able to see sales instantly sometimes, especially if you have certain goals for every day profit and loss at certain stores. You can keep your managers informed and help your business grow just by being able to see all kinds of sales data whenever you need to.