Tag Archive : Inventory

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The core of hospitality or retail business, for that matter any trade, is the cash register. To make an enterprise run smoothly, it is vital to process every transaction and tender cash as efficiently as possible. A POS system is an application that allows a business to track sales as they happen. The system includes a range of hardware and software. E.g., an advanced Point of Sale software can come with inventory management.

By installing a POS software and removing the old manual cash register a shop can save a lot of money and resolve common issues like shrinkage. For a store that generates annual sales, the savings can be significant by utilising a POS system. When seen from an ROI point of view, the software pays for itself within two years, at the maximum.

In the case of small businesses, the expense makes sense because it automates labour intensive … Read More