The Importance of the POS System - PowerPoint PPT Presentation

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The Importance of the POS System

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The POS system plays a significant role in all businesses. From simplifying the ‘accounting process’ to monitoring the items in stock, the POS system provides a host of functions. It helps in generating an invoice, reflects the purchased amount and shows the various choices available to the customers for doing the payment. – PowerPoint PPT presentation

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Title: The Importance of the POS System


1
Primo POS
  • Importance of POS System in RETAIL BUSINESS

2
The POS System A Must in a Business
  • The POS system plays a significant role in all
    businesses. From simplifying the accounting
    process to monitoring the items in stock, the
    POS system provides a host of functions. It helps
    in generating an invoice, reflects the purchased
    amount and shows the various choices available to
    the customers for doing the payment. The POS
    system comprises of several components such as a
    barcode scanner,, display screen, EMV-compliant
    card reader etc.

3
Reason for the High Demand for POS System
  • In all businesses from start-ups to the large
    organizations, the POS system is an essential
    part.
  • Here is a rundown of the reasons for its
    popularity-
  • The POS system reduces the overload of
    paperwork by offering accurate reports. It even
    shows how a business performs by providing
    updates related to sales and the purchase records
    on an hourly, weekly or monthly basis.
  • The POS system even helps in tracking and
    managing inventory. It helps in keeping a track
    of the items in the stock so that you can order
    when needed.
  • The POS system has become highly popular as it
    offers a good return on investment and involves
    no error whatsoever.

4
Elements of the POS System
  • The POS system finds wide application in the
    retail operations. Here are the component parts
    of the POS system.
  • POS Computer The computer forms an integral part
    of the POS system which operates the POS
    software and helps it to sync with the
    EMV-compliant credit card reader and the cash
    drawer.
  • Barcode Scanner The barcode scanners like the
    Motorola LS2208 USB BLK Stand KIT Handheld
    Barcode Scanner are of great importance in the
    small-scale businesses that make use of the
    barcode labels on the merchandise. Such scanners
    send information to the POS software while
    scanning the items and thereby help in keeping
    the accurate records.

5
  • Display Screen The display screen that faces the
    customers gives a summary of the customers
    purchase.
  • EMV-Aided Credit Card Reader The
    EMV-compliant card reader is required if you
    intend to use the mobile devices for handling the
    transactions. These card readers have the
    in-built PIN pads or the signature pads to help
    the customers to sign in when required.
  • Cash Drawer While investing in a cash drawer
    such as VPos EC410 Cash Drawer 5N 8C 24V BLK it
    is essential to ensure its compatibility with the
    POS computer.
  • Receipt Printer The receipt printers are an
    integral part of the POS system. One of the best
    ones to invest in to operate in the retail
    environment is the Epson TM-T20 USB EDG Thermal
    Receipt Printer. For heavy duty use the Zebra
    GC420D Desktop 203Dpi Direct Par Ser USB Label
    Printer can be used.

6
About PrimoPOS
  • The Australian Company Primo POS is a reputed
    supplier of POS solutions, POS hardware, and POS
    software. It has made a mark in the industry for
    its high-quality of products, reasonable pricing
    of POS parts and phenomenal customer support
    service. The company offers custom-built POS
    solutions for the convenience stores, grocery and
    food stores, restaurants, jewellery stores etc.
  • For more details, you can visit our online
    interface _at_ https//www.primopos.com.au/
  • Email us at sales_at_primopos.com.au or call our pos
    expert _at_ 0291883433
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