3 Hidden Costs of Using POS Systems you may not about

     3 Hidden Costs of Using POS Systems you may not about

 

Most people in the retail industry believe that getting a POS software which might include a one-time license payment is all there is to it. But here are three features which will incur additional charges if opted for, that mpst people don’t know about. 

1.    SMS Messages
If your business requires a functionality where you need to keep in touch with customer via SMS, there is a chance that that might result in extra or additional charges. This is especially true in restaurant and other industries where you might need SMS messages to remind customers about appointments or if a table has become available. If you haven’t acquired a POS system which has the SMS functionality inbuilt, then you might need to use a third party service to send messages, which will naturally bring in extra additional charges as per your plan. You can use a POS solution that comes with this feature inbuilt, which uses the internet to send messages, to overcome these additional charges. ‘

2.    Caller ID
Most businesses require a caller ID system that when a customer calls, it can identify the caller and also pull up profile and other usage data from their database during or after the call. This caller ID functionality works with the modem of the system if it is on a PC. Since different systems may have different modems, the developers will find it difficult to program the integration for all modem devices. So, more often than not, they just program for one modem brand or device leaving it upto you fetch the device and include it in your POS system, or they will leave a third party to include the functionality for you. This third party service provider usually provide services only based on the modems which they themselves provide, which means that if caller ID service is important for your business, it is better to opt for a system which supports all modems if possible or a really good but affordable third party system.

3.    Card Payment Processing
Card payment processing is one of the activities that have never been and never will be performed for free. This is because there are numerous financial institutions and technology involved getting the money from the customer transferred to your account. Data has to be secured and credit card fraud needs to be avoided, all of which takes effort for which the charge will be levied from your account. It is always better to opt for a POS solution that provides multiple gateway or options instead of a single one as it enhances reliability if one is down and also enables you to choose for yourself the best and the most appropriate one. 




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7676463616
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Easy Billing

                                      Easy Billing

 

 
Want to give attractive offers but tracking them seems too difficult? Get hold of Easy Billing Software Now!!

Easy Billing Software is a completely automated powerful online billing and invoicing software that helps you to sell you products, generate invoices and collect payments easily and effortlessly. You can store all your different offers or coupons in it and once a bill qualifies for an offer, a notification prompt pops up which you can accept to apply that specific offer and discount the amount automatically.
The Easy Billing retail POS software is developed after in-depth understanding of the business sector using the latest frameworks while still supporting most existing hardware. With support for a single system like a laptop to a network of systems run by multiple servers, Easy Billing is also quite scalable and flexible. It is user friendly with intuitive touch screen + keyboard & mouse technology and is also periodically updated absolutely free of cost.
If you are a retailer or a shop owner who’s looking to streamline your billing process quickly and affordably, Easy Billing invoice software is right for you!
Features
•    User friendly
•    Easy to understand
•    Cost effective


Inventory Management
Keep track of your stock levels, move inventory between warehouses, generate reports and stay on top of all your warehousing needs using our online Inventory Management Software. It helps keep track of all your orders, both online and offline from one central location, right from order delivery. Never lose your products again. Also, with integrated shipping options, you get access to real time shipping rates and transit info.
Inventory Management has been made with the latest technology and after in-depth understanding of the requirements of the warehousing sector. With support for single as well as multiple systems, it is highly scalable and is also updated periodically with free updates.

Features:
•    User friendly interface
•    Easy item creation/modification and deletion
•    Customizable taxes and discounts
•    Strict user access control
•    Group wise/department wise items with multiple rates
•    Item wise tax calculation
•    Department wise item transfer facility
•    Conversion from Packets/Boxes to single retail quantities

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No 26/2-A , GDN Building, Electronic city,bangalore - 560100

7090335533 

7 Important Points to Choose the Right POS System for your business

7 Important Points to Choose the Right POS System for your business

There are innumerable types of businesses worldwide each with their own unique methods of functioning. With the latest advancements in technology, the sky is the limit on what these businesses can achieve. A right POS system helps businesses do a number of activities which were not previously possible from a single platform such as transaction tracking, sales tracking, employee management, inventory management and more. It also raises efficiency, profitability and also provides you with more. Here are a few ways you can assess the best POS solution for your business. 

1. Identify the needs of your business

Analyze your business from top to bottom. Talk with your employees and write-down what issues they are facing. Find out what your business is missing and identify in what all ways your business can improve. This will help you get an in-depth idea of what is missing and what the features of the POS software you need should be. 

2. Hardware

Take note of the computing hardware you are running your business on. Some POS softwares require new hardware while others work on existing ones. Some might even require only a tablet or a laptop. Having an idea about one’s hardware system helps you understand if a POS system which requires a new system is required or if it would be worth the investment. 

3. Budget

There are different types of POS softwares ranging from cloud based softwares to offline desktop based ones. They also come in free and paid varieties. The prices vary based on the extensiveness of your business i.e how many branches or outlets your business might have. So, choosing the right POS solutions depends on the nature and finances of your business. 

4. Industry  Specifics

There are many POS solutions out there. Some may be custom built specific for an industry while another might be general usage POS software which can be customized for an industry. Make sure that when you choose your solution, it adheres to the functionalities you require and also supports third party integrations so your business can evolve to the customer’s ever changing demands. 

5. Audit the options

In-depth research of the different kinds of POS softwares out there helps you understand the differences in the features of the each software and how it will support your specific business. A little bit of industry feedback and gathering the experiences of other retailers also goes a long way in helping you make a decision. Contact the solution provider, gain knowledge about their company, start a discussion about the software with other retailers and also do online research before making up your mind. 

6. Demonstration

After you have chosen the solution you want to buy, next is the step where you request a demonstration. You can reach out to other retailer using the software and view it in action or, since most solution providers give a free trial, ask for one. Use it yourself and see how it performs under your business conditions. Also keep an eye out for its data transfer capability since it will play a major role during migration from your old system to the new. 

7. Set Up & Use

Assess how easy to setup and use is the software since you will be the one using it after the technicians leave. Usually, the POS providers give a comprehensive list of instructions on how to properly install and set-up the system. The set-up process will vary according to the size and requirement of your business and if you are in doubt contact the solutions provider and request a walkthrough. Make sure that the software has easy to use UI and can be used by you as well as your employees easily. Also make sure that the provider has support technicians near your business location so that they can be at hand if assistance is required. 

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http://retailmass.com/

5 Reasons Why it is Important to Use an Inventory Management System

5 Reasons Why it is Important to Use an Inventory Management System

Inventory management systems simplify the way in which the inventory i.e the various items that are stored and transported to be sold in the outlets are managed and kept track of. It helps keep track of goods throughout the supply chain until it is sold eradicating headache and manual labor substantially in its path. The various means through which a good inventory management system will enhance your business value and your ROI are 

1. Supply Chain Visibility

Inventory management softwares have the ability to store information on every item and for every point of their journey. Therefore it provides complete visibility over the complete inbound and outbound flow of products with the ability to provide further information regarding its status and location if needed. 

2. Quality Management

In the case of perishable items, extra care needs to be taken as they have a quick expiry period. But unforeseen events such as delayed shipping, broken packages and fill lags can occur which may throw schedules out of sync. Inventory management system help you identify these undesirable results and provide an effective workaround, and also help you understand and reduce the probability of such instances happening in the future. 

3. Functional Decisions

Inventory management softwares help you make key functional decisions based on analytics and data insights. It helps you keep your warehouses at optimal storage efficiency and also acquire more warehouses if need be, near key customers and successful retail outlets that may further expand performance as well. 

4. Cost Management

They can also help you increase your margin by identifying the most moving products and the least moving ones. This helps you get rid of or minimize the stock of non-moving items in your next shipment and thus enhance the efficiency by improving the usage of your shelf space. 

5. Enhanced Customer Service

Inventory management systems help you enhance your customer service by improving the overall performance of the business through processes such as reduced time for inventory replenishment, shipment processing and dedicated CRM modules. All of these without reducing quality and quantity.

6. Scale 

Current inventory management systems are designed to expand and keep pace right with your business, but the expansion is only in terms of software and not hardware. No matter how many retail outlets or new warehouses are added to the business, present day inventory management systems are designed to gather the relevant data, work in sync with other in-built modules and provide you with an easy management experience as if it was just one outlet or warehouse. 

Businesses used to shy away from using inventory management softwares as they were cumbersome and didn’t provide as many features as they do now. They were generally not worth the effort. But now, technology has advanced and the systems are much more powerful than before, being able to handle all aspects of the business chain even with legacy systems. They simplify your complicated processes and also help you gain long term benefits and better ROI on your business. 

For More:

Contact us

7676463616

5 Reasons Why it is Important to Use an Inventory Management System

5 Reasons Why it is Important to Use an Inventory Management System

Inventory management systems simplify the way in which the inventory i.e the various items that are stored and transported to be sold in the outlets are managed and kept track of. It helps keep track of goods throughout the supply chain until it is sold eradicating headache and manual labor substantially in its path. The various means through which a good inventory management system will enhance your business value and your ROI are 

1. Supply Chain Visibility

Inventory management softwares have the ability to store information on every item and for every point of their journey. Therefore it provides complete visibility over the complete inbound and outbound flow of products with the ability to provide further information regarding its status and location if needed. 

2. Quality Management

In the case of perishable items, extra care needs to be taken as they have a quick expiry period. But unforeseen events such as delayed shipping, broken packages and fill lags can occur which may throw schedules out of sync. Inventory management system help you identify these undesirable results and provide an effective workaround, and also help you understand and reduce the probability of such instances happening in the future. 

3. Functional Decisions

Inventory management software help you make key functional decisions based on analytics and data insights. It helps you keep your warehouses at optimal storage efficiency and also acquire more warehouses if need be, near key customers and successful retail outlets that may further expand performance as well. 

4. Cost Management

They can also help you increase your margin by identifying the most moving products and the least moving ones. This helps you get rid of or minimize the stock of non-moving items in your next shipment and thus enhance the efficiency by improving the usage of your shelf space. 

5. Enhanced Customer Service

Inventory management systems help you enhance your customer service by improving the overall performance of the business through processes such as reduced time for inventory replenishment, shipment processing and dedicated CRM modules. All of these without reducing quality and quantity.

6. Scale 

Current inventory management systems are designed to expand and keep pace right with your business, but the expansion is only in terms of software and not hardware. No matter how many retail outlets or new warehouses are added to the business, present day inventory management systems are designed to gather the relevant data, work in sync with other in-built modules and provide you with an easy management experience as if it was just one outlet or warehouse. 

Businesses used to shy away from using inventory management softwares as they were cumbersome and didn’t provide as many features as they do now. They were generally not worth the effort. But now, technology has advanced and the systems are much more powerful than before, being able to handle all aspects of the business chain even with legacy systems. They simplify your complicated processes and also help you gain long term benefits and better ROI on your business. 

FOR MORE:

POS Software

 BillingSoftware for Retail Shop

 Inventory Management System

 Invoice Software 

Retail Mass

                                            Retail Mass

Bring your business into the 21st century with Retail Mass, our powerful yet simple cloud & offline POS software that is equipped to manage your Omni-channel retail business efficiently. Developed using years of industry expertise and cutting edge technology, Retail Mass is one of the top retail cum billing softwares in the market that comes with a wide variety of features including inventory management, multiple payment options, smart financial reporting and a lot more. 

Please visit us at www.retailmass.com

How Retail Mass supports your business

1. Supermarket and Groceries

Features:

• Inventory Management

• Reorder Management

• Auto replenishment

• Waste Management

• Financial Reporting

• CRM 

2. Pharmacies

Features:

• Drug Indexing

• Expiration Tracking & Management

• Order Management

• Stock database

• Home Delivery and tracking

3. Fashion & Lifestyle

Features:

• Unique Barcoding

• Style Management

• Quick stock taking using PDA

• Product categorization according to brand, season etc. 

• Quick Billing

• Financial Accounting

• CRM 

4. Electrical & Electronics

Features:

• Inventory Management

• Warranty Management

• Comprehensive MIS system

• Serial/IMEI code tracking

• CRM Modules

5. Restaurants& Bars

Features:

• Touch screen graphical display

• Quick Billing

• Kitchen Order Tracking (KOT)

• Perishable Inventory Tracking

• Table layout and management

• CRM 

Retail Mass is a highly scalable and customizable solution that can be tailored according to your requirements and so it is able to support a whole lot more than the industries that are given above. Simplify your business and make running multiple retail outlets just as easy as running a single one, using Retail Mass – your full service cloud & offline based POS solution.

Get in touch with us today to learn more and a free demo. 

Contact Us:

No 26/2,

 GDN Building,

Electronic city,

Bangalore - 560100

retailmass.billingsoftware@gmail.com/en

+91 7676862623