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29th September 2017Blog

When it comes to running a business, gone are the days of manual stocktaking, using a basic till system, and handwritten receipts. These days, by investing in an EPOS system you can totally transform and streamline your business.

“What’s in it for you as a business owner?”

Here are the top 5 benefits when it comes to having an Epos system. Let’s start by looking at a key way to reduce expenditure – by improving operational efficiency. Which brings us to our first point;

  1. Stock Management
  • With EPOS systems you can tell how much is selling, how often and what staff members are selling the most.
  • This is real-time reporting at your fingertips, especially useful for multi-channel operations.
  • You don’t have to wait to do a batch report at the end of the day. It’s that simple.
  • Quickly review current stock levels and easily identify areas where greater levels of stock are required.
  • Set up low stock alerts, so you know when to re-order stock, avoid running out of key items and disappointing customers.
  • Stock can be synchronized via one main system, which connects with your bricks & mortar store(s) and online store(s).
  • We can even integrate scanners, stock-taking handhelds and label printing with your EPOS system too.

pexels-photo-87224

 

2. Reduce fraud & shrinkage

Shrinkage is the term for the inventory that goes missing from your shop or is unaccounted for in your restaurant.

  • It could be food wastage that goes unreported or a simple case of employee theft. Either way, it affects your bottom line.
  • Staff ID buttons on your EPOS system records every transaction and keystroke.
  • Everything is accounted for and everyone is held accountable.
  • Keep a close eye on your business with CCTV integration.
  • You can even access it remotely from anywhere. As a business owner, isn’t that good to know?

 

3.  Reporting

  • Sales, Profit, and Margin analysis reports.one tap epos system for hospitality
  • Promotional loss reporting.
  • Income & variance.
  • Hourly sales reports.
  • Staff reports.
  • Stock and order reporting.

 

4. Customer management

  • Build a customer list – get to know your customers buying habits.
  • Targeting– allows you to offer incentives to your existing customers. Consider adding loyalty cards, gift cards and vouchers to your POS system. Targeted advertising – offer incentives to your regular customers, improve customer loyalty and retention while ultimately increasing revenue.
  • CRM – Customer relationship management tools can be used for communicating with your customers. Send letters, SMS texts, and emails to keep in touch with customers.

 

 

pexels-photo-164537

5. Financial accuracy and cash control

  • Simple and easy reporting -allows you to quickly and accurately reconcile your cash at the end of shifts, immediately highlighting cash variances. Cloud-based software means you can access this information from anywhere.
  • Cash lifts – Set customized warning levels to alert you when to make a cash lift. This is especially useful during busy periods like Christmas.
  • Reduce pricing errors – an EPoS System will ensure that these inconsistencies don’t occur so the customer is always charged correctly.
  • Reduce cash shortages – if there is a cash shortage or an overring at the end of the day, you can drill down to audit level to investigate.
  • Avoid human error- typing incorrect prices or using a wrong price sticker means loss of revenue for your business.  Scanning barcodes can eliminate this and save you money.

 

Contact Us

Call 1890 200 925 To Get A Free Quote Or Arrange a product demonstration.
Download our Brochure here.
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