What EPOS Software Features To Select For Your Retail Business

Payment technology has emerged a lot during the past two decades. Today we no longer are binded with those huge electronic cash registers. The growth of technology is making work-life easier for retailers. Well, also with every single stage of technology a POS is satisfying the expectations of SME’s retail businesses by managing with each stage of their selling journey.

Thus, with each single technology, the POS system grew instantly. Retail business owners today are looking for the latest trends and features of EPOS software that can draw in more customers for their products and services.

Mobile POS (mPOS)

Today, we have everything readily available. So for what reason should payments be restricted to one place? Mobile POS makes it simple for businesses to accept payments at any place you need and at any point. Mobile POS is the next big thing in the mobile payment solution market. People today want convenience on the go, thus do businesses.

Now-a-days mPOS solutions can take your retail business to the next level. While raising flexibility and mobility it also enhances the customer experience. Mobile POS connotes easy to set-up and use mobile applications. With the help of mPOS, your business will be always in your pocket.

The mobile terminal of EPOS Software goes beyond billing to offer features like stock management, mobile store front, sending invoices to customers through SMS and analytics, and so on. Primarily it takes out the need of having an expensive POS system and helps in managing with your business wherever, whenever with detailed analytics and sales reports.

Stock Management

Retail business needs a one-stop stock management system with reliable modules to deal with every day stock operations. You will relish the stock management tools that a EPOS software offers.

Basic stock management, so you can include products you sell, importing your stock with no additional cost, product reports and a daily email with low or unavailable stock items listed for more stock control.

Advanced features like orders tracking, automated stock adjustments, shortfall alarms are the most valuable POS system features while working onsite inventory. POS monitors your products at various levels, such as size, season and color to guarantee everything is stocked.

Billing And Order Processing

Give your customers the opportunity with options to pay with cash, credit/debit cards, gift vouchers, or some other mobile wallet payment options. An EPOS software includes a credit/debit card module built in your PC rather than an stand alone terminal, to effortlessly record payments from external card terminals.

This makes credit/debit card payments more secure for your customers. Efficient approval of transactions at the retail location is important to guarantee your business maintains a constant cash flow and a secure network.

Your POS system must have the basic functionalities of billing and order preparation. It should have the option to bill orders by scanning products and capturing distinctive payment modes.

Customer Relationship And Experience

Customer relationship has constantly been an essential stage of retail business operations. Here, keeping your customers happy is complicated however a significant task to perform. In spite of the fact that EPOS Software for Retail features can be your helping hand.

EPOS software can help im various ways in retaining a strong relationship with your clients, so you can have them forever. POS systems give you the tools to track customer data, such as contact details, transaction history, and preferences.

Look out for functionalities like simple checkouts and fast appointment booking which will keep your customers captivated to your brand, after at the end a business needs is to keep their customers waiting.

POS collects important information about your frequent footfall and their purchaser persona, by which you can organize loyalty programs for your loyal customers which drives loyalty and create ambassadors for your business.

Reporting and Analysis

The POS report is created based on the data gathered by a POS system. Gathered information and activity is followed at the POS system and that information is stored for future analysis by means of POS reports. This is an extreme tool for organizing and breaking down your business data.

POS reports can summarize up a lot of data, and represent to it in a graphical or cross-tabulated for. Along these lines, it is the best tool to make financial, stock and statistical reports.

This could be a totally new way for your business in reporting and analytics. You simply use your business reporting and analytics for informed decisions. This will push your business beyond the the limits.