If you're looking to purchase a point of sale system, there are many different things to consider. First, you need to understand how your business works and what you need from a POS system. Then, you can start searching for the right one. In this article, we'll talk about five features that every good POS system should have.
Invoicing
Invoicing is an integral part of your POS system, and if you don't have a good one, you are going to be in trouble. There are several things to look for when evaluating invoicing capabilities:
The ability to handle multiple sales channels - in addition to brick-and-mortar businesses selling online as well as through mobile apps or call centres, many businesses also sell through their own websites and other channels such as Amazon Marketplace or eBay. Make sure your chosen POS software supports all these options so that you don't have any problems when it comes time for payment processing!
A smooth invoicing process. This is where most people get tripped up when using their new point of sale system for the first time: making sure everything works smoothly from start (taking orders) all the way through finish (sending out invoices). Make sure there aren't any glitches along this path; if there are then consider switching providers if possible because no one wants another headache after dealing with customer service issues all day long!
Inventory management
Inventory management is one of the most important features to look for in a POS system. It's important to be able to track your inventory levels and stock rotation, as well as vendor costs and other expenses related to running a business. The best POS systems will allow you to do all of this with ease, which means they'll save both time and money while making it easier for you (or someone else) who isn't directly involved with inventory management tasks on a daily basis.
Customer and supplier orders
A POS system should be able to create orders from the POS. This means that when you're sitting in your restaurant, you can place an order for food with one click of a button and then send it directly to the kitchen or bar. You should also be able to track those orders from the POS so that your staff will know when things are ready for pickup or delivery.
It's important for customers and suppliers alike to receive status updates about their orders via email or text message (SMS). With this feature enabled on your POS system, everyone knows exactly where each item is in its journey through the system--from creation all the way through delivery--so there are no surprises when it comes time for payment!
Supplier purchases
You should be able to log supplier purchases, track supplier purchase orders, and track supplier purchase invoices. You'll also want to be able to track payments for each of these items as well.
Customisable reports
Customisable reports are a must-have for any business. It's important to be able to create reports that are easy to understand, but also customisable based on your business needs. For example, if you're running an online store and need to know how many customers visited the site in the last week or month, then this would be an ideal report for you.
Customisable reports should also be able to be exported into spreadsheets so they can be used by other people within the organisation who don't have access or knowledge of how POS systems work (like accountants).
In conclusion, we hope that this list has helped you find the right POS system for your needs.
If you need more information on any of these features, please contact us at POS Hero today.