Retail Management Solution is the first thing that comes to mind once you think of retail business technology. It is at the heart of any successful retail set up. Hence, choosing an apt solution can be the difference between a silky swift and a severely rough start. With the hundreds of options to compare, the choice of the correct one becomes even more paradoxical. Let me share a few standout features of an ideal Retail POS System to make the job easy.
1. Quick keys
Quicks Keys enables a Staff to access the commonly sold entity with just hit of a button.
2. Multiple Payment Facility
Cash and Credit Card payments are the norm. Now POS Solution can support Mobile Payments as well.
3. Accounts & Security
This is vital to allow restricted access based on the hierarchy of staff. Another benefit is the ability to track sales made by the relevant staff members.
4. Store Credit, Returns & Refund Feature
This is a must-have feature for a customer-friendly shopping experience. The POS must enable a customer to opt for the refund option or go with store credit.
5. Customer Facing Display
Display facing customer promotes transparency and enhances the order accuracy.
6. Product Variants
A must-have system attribute that enables products with multiple types be easily logged.
7. Bulk Product Imports
One can import the products in bulk using this.
A Retail POS System should be able to print barcodes for better tagging of the products.
9. Inventory Check & Stock Transfers
A Retail POS must ease & simplify the process of inventory count and stock transfers
Important for encouraging customers to purchase and thus move inventory.
11. Searchable Customer DataBase
To allow staff to customers without a hassle.
12. Customer Profile History
This is to facilitate easy customer returns or keep a track of customer liking.
13. Customer Properties
This entails customer birthday and address.
14. Loyalty Programs
For better retention of customers and awarding their loyalty.
15. Dashboard & Reporting
Get bird’s eye view of all at once from the Dashboard. Reports such as Product Reports, Employee Reports and Customer Reports provide crucial insights into matrices like stock status, worst-selling items, top-performing employees and so on.