If you are just about to launch your new business or upgrading your technology to keep up with your growth, finding the right POS system for your business is vital to ensure that it provides everything you, your business and your customers need.

There are so many features that it can be hard to work out which ones you need. We’ve compiled a list of the top 5 things you need to consider when choosing your new POS system.

How much will it cost, and does it integrate with my current system?

The running costs of a POS system are relatively low, but you need to consider if it will integrate with your current system or if you will need to buy new hardware for your system, such as cash drawers or barcode scanners. This can send costs spiralling, so checking this out beforehand could save you time and money in the long run. At POS hero, we charge a low upfront fee and a monthly subscription fee, so you get 24/7 support, keeping your system updated, and making sure it is performing efficiently at all times.

What features do I need?

The features that you will need will depend entirely on the type of business you have. You may want the ability for staff to clock in and out, you may want to be able to perform voids or if you have a restaurant or café, you may want to give customers the option to split their bills. Think carefully about everything you need your system to do right now, and as you grow, so you can choose the system that can grow as you grow. At POS Hero, we work together with you to design your system, making sure you have all the features that you will need to make sure your system is perfect for your business.

Is it easy to use?

This is perhaps one of the most important points to consider. After all, your POS system will be used day in, day out, so it has to be easy to use, so transactions can be processed quickly, keeping you and your customers happy. This also saves you time in the long run, as training new staff on an easy-to-use system will take far less time and will improve staff retention.

Does it have inventory tracking?

If you have in retail, your inventory is the lifeblood of your business, so you need a system that enables you to track and sort your inventory quickly and easily, so you are always giving the customers what they need. Think about what you need from your system, as a good POS can create purchase orders when stock is low, remind you when stock is running low and archive categories, which is especially useful if you have seasonal lines. Strong inventory capabilities are going to save you a lot of time in the long run and a good POS will provide all the information you need at your fingertips.

Can I get all the reports I need?

POS systems can provide you with real time information that will keep your business running smoothly. Think about what reports will help you develop and grow your business, whether that’s working out your best-selling products, upsells, product trends, profits or sales volumes. With this information you can keep your finger on the pulse of your business, making changes as and when you need them so reduce waste and improve efficiency.

So much more than a traditional till, a POS system can ensure that your business runs smoothly, providing you with vital information so you can grow and develop your business and keep you customers and staff happy.

For more information about how a POS system can improve your business, please get in touch with us at POS Hero.