mcRAv POS is a complete bundle of automated operations for Point of Sale that empowers the businesses with smart and intelligent features and tools to operate the retail stores effectively. The software, irrespective of any business type, enables the businesses to manage all retail and point of sale operations on the fly. The solution relieves the business from worries to manage POS functions and contributes to enhance the business performance and productivity.
All purchase orders, supplier details, quotations, purchases and returns can be administered within this dedicated module. The module empowers the businesses to manage all purchase related operations and data effortlessly.
Daily sale transactions, sales return, invoicing and billing for sales order can be readily handled with simplicity and timelessly with specialized sales operations and processes automated and available in the POS solution.
Complete inventory management including the stock calculation, evaluation and transactions can be well administered with the exclusive inventory module in POS software. Integrated with sales and purchase modules, these module auto-updates the stock on hand and take note of returns as well to provide the update stock value and quantity of hand.
All accounting operations have been automated within the solution and are provided as a comprehensive accounts module. The module deals with debit & credit notes, journal, ledger, daily transactions, P&L, expenses, balance sheet, reconciliation and many more accurately.
SMS integration with POS enables instant and effective communications with suppliers, customers, and other stakeholders to share the important notifications/ information.
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Point of Sale (POS) software is a bundled solution that is best described as a combination of a billing, accounting and inventory management solution. Simply put, a POS software helps businesses process billing and purchasing easily, generate invoices and keep a steady track of their products sold and in stock. Such tools combine the functionalities of both a computer and a cash register. With POS software, sellers can input orders, compute the cost and receive customer payments.
There are two major components that comprise a POS system – the hardware and the software.
This system can be accessed directly from the Internet and is often compatible with most POS hardware (cash drawers, printers, etc.) Cloud based POS systems are less expensive, and they're convenient because merchants can access customer data from anywhere provided they have an Internet connection. This is great if you're a small business who sells in a brick and mortar store, ecommerce store, or participates the occasional trade show or flea market.
POS software can have as many features depending on the requirement of the end user and the industry it will be used for. Few POS software offer integrated modules in comprehensive ERP software packages, while others are sold as standalone solutions. However, there are basic functionalities common to POS systems such as:
Some of the benefits of a POS system are as follows:
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