Point of Sales technology has advanced, as has the role it plays in your business. Where once your POS system was your cash register, occupying a position at the end of your sales process… it’s now capable of sitting in a more central position, controlling not only receipt of cash, but incorporating inventory control, workforce rostering and management, accounting, sales analysis, marketing and promotions and even venue display signage.
Do you think your POS system is performing at its peak? Here is a list of 6 modern features Vectron’s advanced POS technology offer…
Your POS should be capable of integrating seamlessly with a whole range of third party systems for your operations convenience, for example:
- Online ordering from suppliers
- CCTV surveillance
- Payment systems
- Workforce management, clocking systems
If it’s been a while since you upgraded your POS, its well worth revisiting in order to take advantage of advanced integration capabilities.
- Marketing and Promotions
Much more than just a cash register, modern POS systems can manage all your marketing and promotion campaigns such as handling happy hours or discounts, managing loyalty program sign-ups and benefits, and issuing and redeeming vouchers.
- Reporting Analytics
Wherein the past you generally waited until the end of the month to do your books and analyse whether your business formula is on track… inbuilt reporting through a modern POS system offers you real-time reporting and analytics, allowing you to respond promptly to trends and exploit them with pricing initiatives, as well as set ordering alerts based on sales.
- Stock Control
Stock control in the hospitality industry is notoriously hard to stay on top of, and often results in losses from running out of stock, or wastage from over-estimating demand. With modern POS systems that monitor your stock and inventory levels in real-time based off sales, it is much easier to get a clear idea of stock levels. You can even set minimum levels to automatically trigger a reorder.
- Smart Alerts
With all these great new features, business owners are certainly not expected to have the time to be hovering over their computer screen all day. This is why your POS system can be easily programmed to send proactive alerts to your phone via SMS, keeping you and your staff updated on the key things each person needs to know to help business operations run as smoothly as possible.
As is evident by these changes, POS technology is constantly advancing, and your supplier should be alerting you to any new innovations that are relevant to your business.
So, do you feel as though your POS system is delivering all that it could?
If not, have a chat to your Vectron consultant today about how to best utilise modern POS technology to help run your business call 1300 832 876 or email firstname.lastname@example.org.