A Point Of Sale (POS) transaction is what takes place between a merchant and a customer when a product or service is purchased, commonly using a point of sale system to complete the transaction.
Merchants typically use a POS system, like a Booker POS to complete a sales transaction. In its most basic definition, a POS system is a combination of POS hardware and POS software to create a POS machine for processing a transaction and payment.
A point of sale system is the heart of a business and used for many essential tasks such as inventory management, labor reporting, price adjustments, staff management, sales reporting, customer management, marketing initiates, and so much more. From the POS, you will be able to know which items are out of stock and need restocking.
Technology is moving business forward. If you’re a retailer who refuses to upgrade your point of sale methodology, it is possible you’ll be left behind in a world of calculators, printed receipts and late night inventory checks. An efficient POS system provide retailers with a user-friendly means of propelling their company into the 21st century.
With the new Clover Station, storefront owners get the standard in innovative design, ease of use, and integrated performance. As you interact with customers, and show off your products and services, Clover tends to running the payment part of your company smoothly. With Clover, you worry about what you do best, and you let your POS keep you getting paid and getting paid fast.
These are just a few of the features that retailers and sales managers can look forward to with the new Clover Station:
▶ A larger screen
▶ Faster payment processing
▶ Customer-facing printer display
▶ Fingerprint scanning
▶ Sophisticated inventory tracking
▶Intuitive time sheet management tools
POS solutions can lower the cost of doing business while increasing productivity, improving your bottom line. Upgrading from the traditional cash register to a point of sale system will result in a quicker return on investment (ROI), both in dollars and time spent on day-to-day operations. These point of sale advantages make opting for an upgrade a no-brainer.