About POS SystemWhat is POS SoftwarePos Billing Software for Small BusinessOnline Pos SoftwareModules of Point of Sale System SoftwareTypes of POS SoftwareAdvantages of Point of Sale POS SoftwareFree and Open Source Pos SoftwareWhat is POS SoftwarePoint of sale pos software is a computer application and a part of a pos system solution for billing. It helps to automate accountingnbspand inventory for a small business like retail shops, grocery shops, medical stores, supermarkets and hypermarkets in India. Point of sale system software helps to reduce queue-in time with their advanced features like generating online invoices, bills, and keeping track of the inventory. This is available for computers and mobile devices both.Pos billing software as the most important module of any POS billing software, helps with generating receipts amp bills, calculations, financial record maintenance, marking products soldexchanged, etc. Lets assume your store sells 350 products. If you were to bill them manually, you open up the possibility of human errors. You could potentially miss marking a product as sold in your register or fail to account for certain sales which leads to financial turmoil at a later stage.With best POS billing amp invoicing software, you eliminate that risk as every purchase, big or small, is registered into the system along with purchase history and stock status. Additionally, the billing amp invoicing module assists with bookkeeping by maintaining detailed records of transactions, taxes, and expenses. Different elements of accounting such as tax registry, ledger maintenance, dues tracker, and balance sheet maintenance, can be performed by the billing amp accounting module. Most POS billing software payment solutions in India are GST-compliant, so your invoices are calculated and generated correctly. This prevents any discrepancy in your financial numbers.Online Pos SoftwareOnline Posnbspsoftware is also known as a cloud-based pos software solution that doesnt store your data on the local device but on the cloud. You can retrieve data, process payments, and get automatic updates with the help of the internet. You can also access your pos system from anywhere through the web and the internet. A cloud POS system also provides advanced analytics which can help you to make better business decisions. There is no need to pay additionally for maintenance as a cloud POS system has the feature of Automatic upgrades and data backups.Modules of Point of Sale System SoftwareRetail Pos Inventory Management for Retail ShopThe retail pos inventory management module of a POS software helps with stock handling, procurement, and logistics, supply chain, warehouse management, inter amp intra warehouse transfers, stock planning and more. For stores that handle large volumes of FMCG products, this module is particularly useful to keep a hawk-eye view over their movement.nbspInventory management also helps in automating manual activities, that would require excess human resources. A POS softwares inventory management solutions simplify your tasks related to managing stock. Once product details are entered into the system, you can track their shelf movement anytime. And, rest assured knowing that in case of a sale, the system will mark it sold for the future reference. Additionally, should the stock volume be on the lower end, retailers will be reminded about placing orders for the respective items.Sales Tracking amp Reporting with a pos machineWhen a customer walks into your store for the first time, the POS machine is used to make a record of their personal information. This record contains the details of the said customer, their name, phone number, email id, address, purchase history, birth, and anniversary date, etc. Based on these details, a retail store can communicate discounts, along with exclusive deals geared towards the customer.nbspA POS terminal keeps comprehensive sales records that are accessible from any device. Sales records help businesses in understanding the status of their sales, products in demand, products that arent selling and the most popular daytime when customers purchase more. Additionally, this module works in tandem with the inventory management feature. Sales performance recordsnbsphighlight the products that need to be purchased and the ones that need to be cleared from the shelf.Employee ManagementEmployee management is a useful add-on module that helps businesses keep tabs on their employees. With this module, managers can track attendance and shift timings, and assign tasks to employees. If you run a hypermarket or a large-scale grocery store, this is a critical module for your use. Such stores tend to hire a large number of employees, and it can be tiring to manage them manually. With the employee management module of the best POS software, you can assign shifts to your employees, maintain a time-sheet, and keep track of which employee is on leave or absent in real-time.Point of Sales CRMCustomer Relationship Management (POS CRM) is vital for any business. The goal of CRM is to keep customers happy and satisfied and eventually, turn them into loyal patrons. After all, happy customers lead to better word of mouth publicity and more sales, eventually. CRM module assists with the customers journey- Informing them about the happenings in your store and keeping them interested enough in your products amp services.This feature is also useful for building meaningful customer relationships by wishing them on birthdays, anniversaries and other important days. You might as well call your POS machine as the loyalty management software.Best POS System AnalysisThe analysis module helps in customized report generation. These reports are made as per your requirement. It presents you with all the details in a synchronized form. Product-wise sales and purchase analysis, stock and sales summary, stock aging are some of the things covered under the analysis module. You can directly mail these reports if required. Also, you can export it to excel, PDF and other formats.Types of POS SoftwareRestaurant POS Software for Cafe, Bar amp RestaurantsRestaurant pos software is used to make the activities happening in the restaurant easier. In a restaurant business, with the help of a mobile restaurant pos system, the waiters can send the orders directly to the kitchen. The restaurant pos designed for a restaurant business also has a bill splitting feature, which makes it easier for the customers to pay their bills. With inventory management inside POS, you can track your ingredients and keep your kitchen stocked up with the essentials. You canTrack your sales and taxesGet a faster billing processControl your inventory better with the help of POSNever go out of stock with your most-used ingredients by using a restaurant POSGet regular KPI reports for quality reportingMenus can be set up and changed according to your needsManage table reservationsGet several marketing tools to help your business growAccept card paymentsRun loyalty programsSupermarket Billing SoftwareGetting a supermarket pos system is the most practical solution for streamlining the sales process through their transactions. Using cash register and handheld devices to process transactions, it makes the retail experience of a customer better. With the help of supermarket POS, you can interact with the customer instead of sitting at the register counter and take payments from the customers from anywhere in the shop. Supermarket billing software is designed for the retail industry to ease out their business processes. It contains a computer, cash drawer, receipt printer and barcode scanner collectively known as the cash register. A supermarket POS also contains a debit and credit card reader as well. You canManage faster retail billing at peak hoursGet knowledge of what is present in the store and what isntTrack and manage performance and analyze your sales with the help of system generated reportsIntegrate with the latest retail technologyMake use of CRM by pulling new shoppers to your store and retaining the existing ones with the help of loyalty programsManage multiple storesSpa Salon Pos System (Beauty Salon Point of Sale)Whether you are self-employed or work for a dedicated lifestyle organization, the salon POS system is something you should use. A spa salon POS system will provide you a lot of features. Some of them areTrack your appointments easilyGet Faster Salon BillingAccept gift cards and coupons from the customerUpsell on the spot and collect paymentSet up an advance spa or salon appointmentsImprovised email marketingRun loyalty and reward programs efficientlyStore before and after pictures of clients to use in the futureManage payroll and schedulingPOS Terminal in Banking and Finance SectorIn banking, POS enables the bank to acquire transactions from merchant POS terminals and route these to the appropriate card network. Best POS Software tools can provide a web-based portal to review and monitor transactions as well. You canGet instant access to account informationEnables provides services like cash and cheque deposit on the POS terminal, bill payment, refund, etc.Allows you to have more security and end-to-end protectionMonitor every POS activity remotelyMobile POS System (mPOS)IOS and android pos software With the number of mobile devices increasing every day, a mobile POS comes in handy for both the users and the business owners as it is a platform will do not even require an investment from the business owner. All they just have to do is download a payment app. With the help of mPOS, you can do a variety of thingsYou can access the information about your inventory anytime anywhereYou can increase your sales by interacting with the customers with the help of mPOSBecause of its mobility, it is extremely easy to useYou can access customer dataYou can have a variety of payment methods which helps the customers to make payments easilynbspAdvantages of Point of Sale POS SoftwareImproves Sales NumberWith a Point of Sale software, you can effortlessly find out your sales numbers and understand whats selling more and what isnt selling as expected. Accordingly, you can take steps to market these products.Creates a smarter inventoryPOS tool informs you of the products with most sales, best shelf-life and those which are popular among your customers. You can use this information to stock up on top-performing products and eliminatereduce the volume of underperforming items. This helps in creating an inventory that pays off in the long run and maximizes the usage of your storage space.Faster checkoutA well-built and feature enriched retail management software will ensure that the checkout process is simple and quick. All product details are available on the POS system screen by simply scanning the product via barcode reader and payment is received in a hassle-free manner via multiple payment modes. The whole process is fastened by the POS system and customers are happier than ever, as they dont have to wait in long queues. Manual work is not required to complete the checkout process.Improves efficiencyRetail owners work on tight margins. There is a lot to manage in stores and in the warehouse. Using manual methods to keep track of records becomes difficult with time. Tedious tasks such as stock management and sales reporting consume so much time that opportunities to grow business are often missed. However, a POS terminal automates these mundane tasks, leaving you with ample time to focus on those areas that will generate extra revenue in the business.POS printer Quick serviceDo you like standing in those long queues in supermarkets Of course not, no one does. A POS printer software breaks long queues by replacing manually- handled cash registers with an efficient machine-run billing system. Simply put, products are scanned through anbspbarcode scanner and all details appear on the screen. In fact, if there is any discount or scheme going on with that product, its automatically picked up by the software and applied to the bill. All a cashier needs to do is press a few buttons, receive the payment and hand over the bill to the customer.Detailed invoiceComplete details related to the product are already there in the system. Unlike earlier times when invoices were generated manually, only date, product name, number, and price used to be there on the bill. However, now all those details that are there in the system related to a product are printed on the invoice. Complete product information including name, price, discount, item description is clearly mentioned in the receipt.Free and Open Source Point of Sale (POS) SoftwareSome pos software providers are offered to free download full version of pos software for small businesses in a trial but there is a limitation of time. check our plan, pricing and upgrade your unpaid system with a discounted price.