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The days of manually entering sales data into a cash register and transferring it to accounts and stock lists are gone. With today’s cloud-based retail POS software providers like GOC Retail, you can streamline billing, promotions, refunds, and even customer data management.
The following are the top features you need in a cloud-based retail POS system for multiple stores:
Top-Notch Security
Mobile payments are gaining popularity due to their improved security. Due to recent retail data breaches, shoppers are keen to safeguard their credit card details and other sensitive data. Remember that the same intruders can infiltrate a cloud-based retail POS system with inadequate security protocols. Security concerns have kept some retailers tied to windows-based registers in the past.
Apple systems have a better virus-resistance history than other products. Thus POS software that uses iOS is more likely to keep your customer’s data secure.
Human Resource Management
Many business owners are surprised to learn that a cloud-based retail POS system can manage personnel. However, a POS system’s workforce management section can help you track employee productivity by tracking staffing levels, hours, and sales.
Each transaction can be linked to an employee’s behaviour. This can assist you in identifying strong and weak performers so you can boost their output.
Accounting
The cloud-based retail POS system must produce and record all sales data and other information like customer reviews, discounts, rises in sales, etc. To help the user assess their overall business success, they should be able to report data on daily, weekly, monthly, or even hourly and yearly takings and outgoings.
A comprehensive cloud-based POS reporting module can also provide information on seasonal product demand, forecasting based on sales trends, insights on wasteful product spending, and stock management.
Offline Usability
If you use an internet-based POS system, you may periodically encounter connectivity troubles. When choosing a cloud-based retail POS system, determine how much functionality you’ll have if the service is interrupted. You may not have access to company information when you need it. Can you make a sale or access the inventory?
Unlimited mobility is, after all, one of the primary benefits of cloud-based POS systems.
Support
The cloud makes things easier and eases the strain. But it doesn’t mean the road ahead will be easy. Using a cloud-based retail POS system means that someone in your company will have questions.
Make sure your POS service provider provides good tech support in times of crisis.
Inventory Control
Your cloud-based retail POS system should help you manage inventories. When a consumer buys anything, you want your POS to deduct it from your inventory. The ability to monitor which items in stock are running low and need to be refilled is a terrific addition to inventory management. Better still, you can create the purchase order from your POS.
Accepting Mobile Payments
Cash is becoming less prevalent, just as checks are becoming obsolete. Thanks to smartphone technologies and mobile payments, maybe even credit cards will soon follow.
When getting a cloud-based retail POS system for multiple stores, make sure it accepts multiple types of mobile payments. Otherwise, you will need to upgrade in the future, as it will be needed.
Conclusion
The point of getting a cloud-based retail POS system for multiple stores is to focus on building your business rather than worrying about meaningless manual tasks. Choose a certified provider like GOC Retail, as it can change your business’s backbone and functioning for good if implemented efficiently.
You may also like: 6 Challenges POS Software Will Solve For Any Retail Business
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