How Retail Epos Software Can Help You Track E-Commerce Sales and Inventory?

Consumer’s demands are escalating much faster than ever before, requiring merchants to adopt epos system with powerful retail epos software that can keep up with the times.

If you have an E-Commerce business, you have complete control your marketing your products, running promotions, tracking sales and managing stock across all channels. Whether you may have an existing physical store or are thinking to have a temporary pop-up store for holiday season.

An electronic retail point of sale (EPOS) system can help you with managing with these aspects of your business more efficiently.

Need a hand in managing with your orders and stock? Learn more about epos software and what makes it more efficient than other POS systems.

EPOS systems help businesses track stock, sales, marketing efforts, customer loyalty and retention and promotions. It includes a blend of epos software and epos hardware to help streamline the ordering, sales, and tracking of transaction processes. EPOS is particularly useful to E-Commerce vendors since it can be integrated with the business' current website.

 

EPOS system is a combination of hardware and epos software configured to process a wide range of transactions and information. For physical businesses, this hardware can include peripherals, for example, barcode scanners, cash drawers, receipt printers, and many more.

EPOS can also support information from a variety of devices, allowing you and your team to manage with item details, track orders and measure sales all from one system or dashboard. The best part is that it can be configured to work with the current features on your E-Commerce site.

EPOS Software

A successful EPOS system depends on the use of the proper epos software for retail business. Your decision in retail epos software will rely upon the number of products your business offers, the number of orders your business needs to process, how you need to track stock, and how you decide to manage customer data.

Your business requirements may vary from those of different businesses, so it's essential to choose the best epos software that is an ideal choice for you. 

The important features of POS include:

•  Accurate pricing
• Stock tracking and stock control
• Order processing
• Integration with your E-Commerce website
• The ability to issue promotions and discounts
• Tracking of customer loyalty/repeating business

What Are The Benefits of EPOS Software?

EPOS Software will be the most beneficial based on the business you're in, the size of your business, your budget and the features you require for your business. Some epos software for retail providers tier the features in each plan, so pay special attention to which benefits it includes.

 

Here's the 5 significant features of epos software can impact your business

1. Streamlines and integrates with your other business systems. Finding the best epos software that effectively integrates with your other businesses can improve operations. For instance, connecting your POS system with your accounting software can automate sales and billing operations.

2. It creates and tracks data reports. As an entrepreneur, you should track and monitor your business information to see how your business is advancing and where you need to make changes. Cloud-based epos software allows you to track this data in real time.

3. Track your inventory. The ability to automatically track inventory is a useful feature for most independent businesses, even those with almost little inventory. Epos software can track your inventory, calculate markdowns and tell you when supplies are low.

 

4. It helps you manage your employees. Staff management feature can be helpful for setting functionality restrictions consents dependent on customer profiles. Your POS Software should also have the option to follow sales by people, which is a great way to set sales objectives and monitor employee performance. This data can help you see where your teams performance and what can be improved.

5. Includes customer relationship management and loyalty programs. If you need to collect customer details like email addresses for mailing, physical addresses for delivery, or birthday wishes for yearly rewards – a POS system that incorporates customer relationship management (CRM) features is important. A few POS systems can integrate loyalty programs too, however it might cost extra.