The Best Business Tool You Can Invest In – Point Of Sales Systems (POS)
You’ve probably seen POS systems (point of sale) in chain retailers and restaurants. More and more small to medium sized businesses are investing in POS systems too, and with good reason. POS systems allow business owners to track sales, cash flow, inventory, and customer spend. Additionally, POS systems often have marketing and customer retention tools, like loyalty programs, built right in. POS systems help simplify bookkeeping and payroll by providing detailed reporting.
Investing in a POS system is a lot like hiring a Chief Sales Officer, Chief Financial Officer, Chief Marketing Officer, and Chief Technology Officer to help run your company without the massive overhead.
Imagine having a management team that could immediately tell you every sales statistic, hottest selling items, which customers bought what products and how often. That’s what a great POS system does for a business. Business owners have tons of relevant data available instantly through custom reporting that’s accessible through the POS device itself and a dashboard which can be accessed by any web enabled device. Owners with more than one location can see what’s happening at each location with just a couple of keystrokes.
The price of POS systems has dropped.
Best of all, the costs associated with POS systems have dropped significantly over the past 10 years with advances in cloud- based technology, removing the most common reason business owners cite for not purchasing a system. In most cases, the upfront cost to purchase the hardware is quite low and is often spread out into manageable payments.
International Bancard even offers promotional pricing, eliminating nearly all upfront costs, leaving just the monthly software fees to pay.
If you’re considering a POS system for your business, contact International Bancard today.