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Whether you’re starting a new retail or want to upgrade your prehistoric
point of sale system—these POS solutions will help you provide unsurpassed
service and increase your bottom line
Everybody knows that intelligent POS systems that are used properly are not only
able to ring up and monitor sales, these systems are capable of storing loads of
important information: from prices to inventory stock levels. In addition to
these functions, management can easily prepare reports by accessing the
information stored in the POS’ central hub.
If your POS system is accessed by an ordinary individual, all he will see are
numbers representing sales figures, and possibly a few names and addresses of
suppliers, and maybe the preferences or requests of valued customers. He would
not know what to do with all this information, but to a store owner or for the
management team of an enterprise, these bits of seemingly trivial information
are of utmost importance. These data are the lifeblood of the business and it is
through these statistics that they are able to map out the direction of their
operations.
By viewing the sales reports, management can, not only identify buying trends,
they can easily see which items are sellable and which ones are slow moving.
They can modify their purchasing requirements based on these. Sales reports can
also provide an overview on how the company is faring over a specific period. By
reviewing this, management can see if they are on track or need to step up
advertising campaigns to jack up sales. The individual performance of employees
can also be monitored through sales reports as, in most POS systems, each
employee must plug in a unique identification code before he would be able to
use the program.
Apart from numerical figures, POS systems are also capable of holding databases
and other information that are needed to successfully run an operation. Names
and addresses of suppliers, contact persons, discounts given, payment terms and
lead times are some of the data that can be stored in a point of sale system
thus making ordering (and re-ordering) supplies faster and more efficient. With
reference to clients and customers, the preferences or requests of valued
patrons can also be inputted in the system. This feature is very valuable as,
through the system, you can anticipate your client’s needs and better serve
them.
In today’s highly competitive environment, you have to find ways and means to
closely monitor how your business is running, see problem areas and plan
remedies before it’s too late; retain your existing client base and expand to
include new patrons. You are able to do all these through the data that is in
your POS system. Given all these benefits, isn’t the investment in a POS worth
it?.
MYOB Retail Manager Professionals have a high level of both functional and
technical proficiency with MYOB software. We are able to provide clients with
the total solution, from pre-sales enquiries and implementation right through to
after-sales service. Some of the areas we can assist include MYOB Point Of Sale
software enquiries, problem solving, MYOB accounting software integration, and
Point of Sale hardware and peripherals.
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Process
all your sales transactions
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Get detailed reports on your performance
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Manage stock levels and purchases
Replace your cash register with MYOB RetailManager, a complete point-of-sale
system that streamlines store operations and helps you better manage sales,
stock, GST, staff and customers. Upgrade from
MYOB Retail Basics and benefit from
deeper reporting capabilities, the flexibility to handle any sales situation,
and powerful stock management features.
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