The standard in Point of Sales systems used to be the traditional cash register which used ink and paper. This system was the norm in all POS retail and POS restaurants. However, now the times are changing and technology is advancing. There is no longer a need to manually take orders, open customer accounts and create bills or checks. Everything has become automated and mobile with the iPad POS.
Many businesses are making the switch to relieve their employees of the cumbersome task of taking and keeping track of all purchases made. A Point of Sales system with the accompanying payment processing application can be used for inventory management as well. It provides valuable sales data and other information. 5 benefits of using a POS retail system are listed below.
Guests are Served Faster
For restaurants, cafés and bars guests do not have to wait to be given menus and for someone to come and take their order. The iPad POS allows them to choose their order from their table and it is sent to the kitchen. The serving time is reduced considerably this way and there is no room for errors which would otherwise be made due to servers mishearing the guest.
All Relevant Data is Saved
All the order information is saved on the system which helps keep track of daily sales. The customer billing and shipping information is also maintained in the system and there is no need to note it down again and again.
Provides Valuable Information
The simplicity of the system takes additional burden off the manager’s shoulders. All the information that they require is at their fingertips with the Point of Sale system. This includes all relevant reports on logistics and projected numbers for sales. Business owners and managers can immediately know whether or not they will be able to reach their targets and change tactics to ensure that they do.
It also provides information on which menu items are popular amongst guests and which ones they keep coming back for. Before installing a restaurant POS you might think you know the crowd’s preferences but usually gut feelings are wrong and the most popular menu item is not what you think it is. The iPad POS has the additional tool for inventory management which alerts the staff whenever certain ingredients are running low. It can also automatically send out procurement requests if you configure it and authorize the system to do so.
The iPad POS allows businesses to customize their product listing or menu and add or remove items daily according to their requirement. All that is required is a single tap and the menu can be changed.
Accounting Becomes Simplified
The Point of Sale System makes excel spreadsheets redundant as all the accounting is done by the application. You can identify daily, weekly and monthly reports as well as review targets to ensure the company is on the right track.
There is no need to maintain ledgers and keep track of all receipts as the retail POS does all of that. They can manage the scheduling, keep an eye on employee productivity and list down all orders according to server and customer. A general overview of the business’ performance can also be seen by whoever has access to the system.
Customers are Satisfied
The most important thing when it comes to a POS retail system is that it exponentially improves the customer’s experience. There is no longer a waiting period, errors in the order or having to deal with rude customer service representatives or servers.