Business

5 Reasons Businesses Need a POS System

Does your business have a POS system, such as the Clover POS? If it’s been a while, first, know that they’ve come a long way in recent years.

They aren’t just a place to track payments, you can track your entire business in the system, store it in the cloud, and manage it from just about any device with an internet connection.

The POS system makes it much easier to run a business alone or with others, thanks to real-time updates and up-to-the-minute information.

So why should you get a POS system? Here are some of the benefits.

1. Be More Productive

What’s one thing most business owners complain about? If you said time, you’re right. We all wonder how we’ll get everything done from running the business, managing inventory, handling customers, shipping products, taking payments, marketing, etc.

When you have multiple systems to manage and none of them ‘talk,’ it’s almost impossible to keep up with your entire business.

With the right POS system, you can manage your front and back end all in one order. There are no mix-ups, questions, or multiple systems to go into to make one decision.

When you have everything in front of you, it’s easy to be productive, making the best use of your time from start to finish. Suddenly, running a business is much more comfortable.

2. You Can Serve Customers Better

What do customers love the most? If you said excellent customer service, you’re right. What happens when a customer calls, and you have to go into three systems to find their answer? They get frustrated.

Their time is just as precious as yours, and the longer you make them wait for their solutions, the more frustrated they get.

When you have everything in front of you, it’s easier to answer your customer’s questions, whether about specific inventory, pricing, or a question about their order—any question your customers have you should be able to answer from your POS.

Since most POS systems, like the Clover POS, have mobile capabilities, you can check in on your business any time of day or night and from any device.

3. POS Systems is User Friendly

You want a POS system that your entire staff can manage easily. If you have a large team and want to minimize the functions each has in the order, many can set up services based on IDs. This makes it easy for you to give more responsibility to some users and not as much to others.

A POS system like the Clover Station is excellent for getting the most out of your business. It’s plug-and-play and easy to get set up and going in a matter of minutes.

You can train your employees on the system and have everyone on the same page quickly. You won’t lose productivity or time as you figure out how to get everyone on board.

Most people catch on quickly to today’s technology because it’s easy and user-friendly. This saves you even more time when you’re training new employees or trying to change things around.

Your POS changes with you, helping you scale your business and its operations without making significant changes in your back-end system.

4. You’ll Always Know your Business Status

You don’t have to worry about guessing if you have enough inventory or wondering what the day’s sales were. With a POS, it’s easy to know within a matter of seconds where you stand.

Do you wonder which day of the week you sell the most chicken sandwiches or how many sweaters you sell on Saturdays? You can run individualized reports in your POS, so you always have the answers.

When you know your business status, you can create operations that work well for you, your employees, and your customers.

If you’re tired of running out of chicken sandwiches on certain days, you can track the sales on those days, ensuring that you have enough inventory to avoid running out.

If there’s a particularly slow day, you can narrow down which day of the week you can cut back on labor, saving your company money, while increasing staffing on the busier days, all from your POS reports.

5. A POS System Can Grow With You

Don’t worry about outgrowing your POS system. Whether you started as a one-person shop, and now you have several employees, or started working at home and online-only, and now you’re a big store operation, your POS can scale with your business.

Whether you open multiple locations, or you want to add more products, systems like the Clover POS grow with you, allowing you to add more products, or synchronize your new location with your current location, so you have one view of all the information needed to run a successful business.

Every business needs a scalable POS – it’s the best way to run your business both front and back-end. When you have everything together in one place, you can smoothly run your business without the worry of missing something, overbuying inventory and losing money, or not having enough stock and chasing customers away.

Running a business today is easier than ever when you take advantage of the technology available to you. A POS like the Clover POS is a great way to bring everyone on board, and track employees, inventory, sales, etc.

You can run reports any time you need them and access your business’s back-end from anywhere you have an internet connection. A POS is the best way to stay on top of your business while ensuring that you aren’t missing a beat no matter where you manage your business from.

Lou Honick

Lou Honick is the CEO of Host Merchant Services. Prior to founding Host Merchant Services in 2010, Lou was the founder of HostMySite.com and received numerous awards including SBA Young Entrepreneur of the Year, Inc Magazine 30 under 30, and multiple listings on the Inc 500.

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