As an owner of a retail store, if you are selling more items a day than you can easily remember yourself, if you’re not using a point of sale system, you’re costing yourself money. A great POS system will help reduce your losses, increase your efficiency, keep your prices accurate and consistent, and optimize your checkout process. You might be surprised just how much it can help your bottom line. Take a look at these 5 good reasons to employ a high quality pos system for your business from Harbortouch POS systems.
Reduce Your Losses
While employee errors can account for some losses, unfortunately theft is another real problem businesses face. If you are manually adding up orders or calculating stock takes, you are leaving yourself open to human error. An error here or there isn’t going to break the bank but as little as 1% margin of error could lose you thousands over a year A quality POS system can track and evaluate every step in the procedures for your products from their purchase from a supplier, to their sale to a customer. You can use this information to not only identify those losses, but to understand where your losses are occurring and where the flaws in your system are. Resolving these weaknesses can help you tackle losses from shoplifters which can easily pay for the expense of a POS system. Even just in the time savings alone by not having to calculate reports by hand, providing you with a positive return on your investment in months.