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POS System
Why use an Express Retail POS System to manage my store?
One of the focal points of any retail or hospitality business is the cash register. The ability to process transactions and tender cash are essential to the efficient operation of the enterprise.
- If you have a lot of cash transactions, replacing the cash registers with a Point-Of-Sale (POS) systemsaves you money.
- A POS system is computer software and hardware networked together to track sales and inventory as they occur.
- POS systems will solve a multitude of problems in your business.
Since implementation of a POS system requires a large investment in time and money, the selection of software and hardware requires careful research into the features available and associated costs.
Generally, if your business has daily average sales of 10,000.00 or more, you can achieve considerable savings and benefits from a POS system.
- From a Return-On-Investment perspective, it should pay for itself in between 1 and 2 years.
- For the new business, a POS system is a smart investment. The savings in labor hours and increase in efficiency makes balancing staffing easier, and the POS system automates many time-intensive tasks.
- Most POS software helps you stay aware of how your business is performing.
Advantages
Here are some of the advantages of using a POS system to track and manage your business:
- Reduce Shrinkage - since inventory quantities are tracked in real time, understanding shrinkage becomes easier. Every modern POS system includes receiving and inventory functions. Proper use of these functions helps pinpoint the causes of inventory loss, reduces "out of stock" conditions and makes overall business management easier.
- Maintain Control - Many business owners discover that efficiency and customer service suffer when they're not on site. POS systems give you the ability to track volume and performance when you're not on the floor or you're busy with other tasks.
- Improve Efficiency - A POS system allows your staff to tend to revenue generating tasks such as helping customers. It eliminates the need to double-check inventory disparities and cash register reconciliation. POS systems dramatically reduce the effort required to do inventory and other repetitive paperwork. Improved efficiency means higher customer satisfaction, lower costs and higher sales.
- Timely and Accurate Reports - POS systems give you the ability to analyze sales data. You can measure the effectiveness of pricing or advertising campaign. You'll know what items need to be ordered and in what quantity. You can identify high margin items and promote them further. You can easily calculate daily gross revenue, cost and profit. Historical data analysis helps to forecast your future needs.
- Improve Customer Satisfaction - Using a POS system with barcode scanner will significantly speed up the check-out process. It gives you the ability to recognize your best customers and reward them for their patronage. It can easily collect customer data (from credit card transactions) that you can use for targeted advertising and incentive programs.
- Manage using Remote Access- Many POS system software packages give you the ability to manage the system while mobile. Whether you're traveling between stores or taking a day off, remote access gives you the ability to see what's going on at the location and take action when needed.\
- Flexible Expansion Options - Most POS system software gives you the ability to add registers and administration computers.
What's in it?
The Express Retail Software contains the following integrated modules:
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Express POS is a comprehensive Point of Sale solution for a variety of retail operations. Express POS works well with single or multiple POS registers.
· Multiple user interface : touch screen, mouse/keyboard, barcode scanners
· Item lookup : item code
· Discounts
· Details sales history
· Returns
· Multiple pricing levels
· Customizable function keys
· Easy operation
· Fully integrated with Inventory and Accounts Receivable
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Express Inventory provides the key functions to update and maintain inventory balances. Issuance of items reduces quantity on hand, while delivery receipts update quantity and item costs.
· Integrated with Point of Sales, Accounts Payable and Accounting
· Inventory Level Management
· Physical Inventory
· Cost Tracking
· Easy operation with an extensive search facility
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Express Receivables allows you to provide customers with their statement of account anytime and manage the payments as they are received.
· Statement of account
· Aging of Receivables
· Credit Limit and Credit Terms
· Management
· Easy Entry
· Accounting Interface
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Express Payable allows you to manage your cash efficiently by keeping track of purchases you make and schedule payments for invoices
· Aging of Payables
· Cash Management
· Express Entry
· Accounting Interface
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Express GL allows you to manually create General Ledger entries as well as post entries created by POS, Inventory, Receivables and Payables. Have your Financial statements ready when you need it.
· Chart of Accounts
· Journal Entries
· Adjustments
· Financial Statements
· Fully Integrated
· Accounting Interface
System Requirement
Standalone
- · Pentium or Celeron
- · 1GB of RAM Recommended
- · 1 GB of available hard disk space
- · VGA or higher resolution monitor
- · Keyboard
- · Mouse, Barcode scanner (optional)
- · POS Printer (optional)
- · Cash Box (optional)
- · Windows XP or Windows 7
Multi-User
- · Windows Server
- · Microsoft SQL Server
- · Local Area Network
Testimonials
Express Retail have been running in more than 500 establishments.These include establishments of the following types:
- Grocery stores/Mini-marts
- Gasoline Stations
- Furniture Shops
- Bookstores
- Auto/Electrical Supply
- Meat Shops
- Fastfood/Cafes/Fine Dining
- Drug Stores
- Computer/Cellphone Shops
- Hardware/Tiles Center
"We have been using Express Retail from our very 1st Fresh Options outlet in Angeles City to our 75th store that opened only this January 2011. The real-time access to sales and inventory data definitely help our management make faster decisions and solve operational problems outrightly. With Express Retail as our partner, we are looking forward to opening another 75 outlets in the next 5 years."
Phillip Gerona
IT Support Specialist
Fresh Options Meat Shop
Contacts
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