If you’re a small or new business looking to get a leg up over your bigger competitors, you may have considered getting a Point of Sale system. There are benefits to using a POS system, such as lowering the risk of human error and automating many business processes like inventory management. However, identifying the best POS system for your business can be a little tricky if you don’t know what you’re looking for.
FEATURES IN CHOOSING THE BEST POS SYSTEM FOR YOUR BUSINESS
Let’s talk about the signs of a good free POS system for small business.
IT SHOULD HAVE INVENTORY MANAGEMENT
Inventory management is the most critical function in any business – if you don’t have an efficient inventory management system, your business is twice as likely to fail. This is because inventory management dictates how well your business can complete orders; incomplete or poorly managed inventories lead to unfulfilled orders, returned purchases due to wrong items delivered, and even cancelled orders and refunds.
Good inventory management is directly proportional to improved sales. A good POS system software should provide your business with an easy to learn inventory management tool that you can update at any time, anywhere, and have the updates reflected in real time.
EMPLOYEE MANAGEMENT IS ALSO IMPORTANT
Let’s face it: we trust some of our employees more than we trust others. Because human error doesn’t discriminate when it strikes, a good POS system addresses this problem by lowering the source of the problem: employee access.
An effective POS system would have different authorization levels, so that employees who have displayed a strong sense of responsibility can effectively manage delicate or critical tasks (like sales accounting and inventory updates) without being concerned about interference from other employees. Likewise, business owners can restrict or allow employees access to the free POS system as they see fit, depending on the employee’s role in the store.
Finally, employee management tools help business owners more easily identify which employees are effective at which tasks, by tracking KPIs like sales and completed transactions or updates in an easy-to-read format. Effective delegation has never been easier.
THE FREE ONLINE STORE BUNDLE
Did you know that some mobile POS systems include free eCommerce websites?
MoneyCache is one such POS system; for every successfully registered account, the MoneyCache team offers the option for the user to have their own free website store, fully hosted and supported by the MoneyCache team.
This free website has all the benefits of a regular eCommerce webstore: it can be personalized, has a direct payment portal (payments are directly deposited to the user’s registered accounts), and is linked directly to the MoneyCache POS system app for synchronized updating. Because it’s linked to the app, it means it’s also secure thanks to MoneyCache’s cloud-based server hosting, which offers data protection through encrypted log-ins.
To get the free online store bundle, simply register for a MoneyCache account through the online form on their website, or by emailing your business details to support@money-cache.org. If registration is successful, the MoneyCache team will email with the account details and walk the user through installing and setting up the MoneyCache app on the user’s chosen device.
Once the app’s up and running, the user can then request for the free online store bundle. Once the request is received by the MoneyCache team, they’ll generate the URL (website address) and web store template. Once this is done, the team will walk through the process of setting up the website. The team will also be available for support (weekdays, from 8:00 AM to 5:00 PM) in case the user encounters any issues with the set-up.
When the user is satisfied with the website, they can then link the website right away and receive orders from customers. Users can even include a shipping option for out-of-town deliveries, as well as link social media chat accounts for immediate feedback.
WRAPPING IT UP
Mobile POS systems are a rising trend in business management for good reason – they offer a flexible alternative to analog POS systems without requiring investment in expensive equipment, while also offering a variety of management and processing tools that are up to date with recent technology developments.
Using POS system software, businesses can better utilize their resources and energy into running an efficient business, whether from home or from their physical stores.
Move into the future of business with the help of MoneyCache – register your account today!