nisyst - the advantages of epos
TRANSCRIPT
The Advantages ofEPoS Systems
Whatever your business industry, an EPoS system is the
ultimate and state-of-the-art way to enhance the running of
your business, as well as your level of customer service.
EPoS systems help to integrate a number of business
systems, providing information that enables them to deliver
synergistic benefits. EPoS can simplify stock and ordering,
provide detailed reporting for marketing and accounting
purposes, and save you time and money as well as a whole
lot more...
So, if you’re looking to improve the general running of
your business, here is a little look at why an EPoS
system may just be the most cost-effective,
efficient and productive system your
business has been looking for. Enjoy.
INTRODUCTION
Firstly, EPoS systems are highly accurate, and offer business
owners the ability to keep an effective record of costs, prices
and other important information that may be useful. EPoS
systems are able to carry out many tasks that original or earlier
tilling systems are not capable of.
EPoS systems eliminate staff errors on counting, keeping the
pricing of your products consistent and correct. Due to the
EPoS systems ability to keep a more focused track on
incomings and outgoings, you can easily change
prices electronically based on your business’
current deals or special offers. Providing an
efficient and easy-to-maintain pricing
programme to suit your business needs.
ACCURATE PRICING
You can use your system for database marketing, promotions,
loyalty cards and up selling. Recording customer details at the
point of sale can drive marketing throughout the year. EPoS
systems have the ability to interact with a CRM database to
capture customers contact. By storing this information, and
reminding staff at ideal opportunities to promote the business in
relation to the customer, you can build a rapport with both new
and loyal customers.
Whether you’re a small or a large scale business, this selling
technique can be easily adapted to suit
your brand, and will inevitably encourage
an increase in sales and profit.
MARKETING
Your EPoS system can record your staff activity, making any
mistakes easy to trace and correct. As everything is electronic
and recorded, you are able to see who did what and when –
making it easy to monitor staff performance. Due to the EPoS
system’s ability to make employees responsible for their own
cash deposits, you are also encouraging waste reduction,
helping to improve all areas of the business’ targets and aims.
For any issues regarding customer complaints, you are also
able to track the issue easily, and find who dealt with a
particular customer or transaction. As all information is
recorded, it is also always at hand and able to be reviewed,
promoting fraud reduction and honesty within the workplace.
EMPLOYEES
Implementing a till that can process transactions quickly not
only means more transactions, but more revenue.
Anything you can do to speed up the transaction process is not
only beneficial to you, but to your customers also. Promoting an
efficient and effective experience for your customer, whilst
improving employee productivity, is an improvement that we’re
sure all businesses would be interested in putting in place.
EPoS systems promote efficiency, encouraging
staff to spend their time doing things that will
benefit the business. For electronically will not
only save time, but allows for staff members to
improve customer service and the customer experience.
SPEED
EPoS systems offer a reporting facility, and allow for reports to
be quickly and easily produced. These reports can be used to
analyse stock and evaluate the performance of marketing
ideas. Reports can also be produced for auditing and
accounting purposes, making it far easier to keep track of your
finances.
The EPoS systems’ ability to record your finances is just
another benefit of the advanced system, providing an
easy-to-manage and accessible system
which will keep a recorded report of all
transactions and additional services.
REPORTING
Hospitality and Retail operations, in particular, have a tendency
to rely on staff in order to keep track of stock levels. Having an
accurate picture of your stock will help to ensure you order
correctly, highlighting what’s there, and making sure that you
can respond faster to change, and improve efficiency.
EPoS systems allow for all items to be tracked in terms of
where they are and how many are left. From this report, you
can then identify slow stock items, spot sales trends and use
historical data to better forecast the business needs.
For example, in perishable environments – having
this data and being able to integrate it with stock
systems and supply chains will have a positive
impact on both your business’ productivity and
organisation.
STOCK CONTROL
Implementing security systems within the workplace may seem
like a gigantic task, but EPoS systems can do most of the hard
work for you.
EPoS systems are renowned for their ability to divert
manipulation when it comes to theft or tampering. Limiting a
temporary staff member’s usability to restricted areas ensures
extra security, and secure logins for each staff member through
a mag stripe and password can allow for the till to record
transactions only by that individual.
Personalised reports can allow for staff performance to be
monitored and tracked.
SECURITY
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