1. Eliminate Human Error: If you are manually adding up orders or calculating stock takes, you are leaving yourself open to human error. Sure, an error here or there isn’t going to break the bank but as little as 1% margin of error could make you lose thousands over a year.

2. Reduce your losses: It is sad to say but quite often business losses are due to theft from their own employee. Since these people know how the company’s processes work, they are able to exploit the lifecycle from purchase from the supplier to the sale to a customer.

3. Know your ROI (Return on Investment): A good POS solution help you to know the best-selling product line. Which of your stores is the most successful and why. It helps you to find answers to question relating to your business.

4. Optimize your checkout: Significantly speed up your checkout process with barcode scanning. Your customer will be much more satisfied if they don’t have to wait in line in order to make a purchase and you will be able to serve many more customers each day.

5. Keep your prices accurate and consistent: When you make a price change, you only need to do it in one place and it will update across multiple locations and within your inventory management software.

If you are still running small business with pen and paper, calculator or simple spreadsheet software, it might be time to consider a proper point of sales system. When making your choice of POS, remember to think about the long term and opt for a system that will let you scale and grow.

For more information contact MIT on 08180072860