Retail POS

Retail POS systems have such a wide variety of uses – Grocery stores, apparel stores, convenience, stores, and other specialty niches have used point-of-sale technology to their advantage. Not only are businesses made more efficient and profitable; customers have also share the benefits of POS.

Point of sale, at it’s core, is the action that happens at the time of a retail purchase. Items are scanned, cash and credit cards are used to pay for the purchase, and receipts are printed. All actions are accurately recorded by the POS software, and the customer is on their merry way in as little time as 45 seconds.

The premise of retail POS is to help streamline your transaction and accounting processes. Inventory tracking is a snap, and automatically calculated. Employees can be monitored, theft is reduced, and customers are able to move through the store quicker. Many systems also can be integrated with accounting software like Quickbooks to help assist and speed up accounting procedures.

Source : Retail POS

Video Store POS

A lost videos, video games, or DVD in a rental environment not only create inventory nightmares, but also lose earning potential. Having a huge selection generally will help give video stores an increased edge on the competition. If you want to keep accurate track of your video store inventory, you will need to rock solid management tools.

Converting your video store to a point of sale system can help address your management issues. You no longer will have a separate cash register and rental management database. Full integration creates a simplified checkout process. Every transaction is recorded in a split second and places all of the vital information at your finger tip.

With the high inventory turnover in video rental stores, you must constantly be on top of the hot releases. Games, blockbusters, and other eagerly awaited releases will sizzle for a few months, then begin stagnating. With the proper POS solution, you can easily view your traffic and note slowdowns, then act accordingly. You can order many titles directly from your supplier in just a few hours with the proper software modules.

Likewise, you can be instantly notified of late rentals and have the fees automatically calculated. POS will also allow you to compete with the new shape of video rental business models, such as NetFlix or Blockbuster’s no-due-date offerings. Billing can then be automated using recurring billing of the customer’s credit cards.

Source : Video Store POS