Reduce Mistakes

Price can be changed for a product and it will automatically be updated in the entire system, so prices always look the same throughout the entire process. Therefore, the company ensures that prices always matches the given customer price and avoid dissatisfied clients.

Employee management

POS software system can be used to check the additional sales conducted by each employee. However, it can also be used as a managerial tool and as a reward criteria. By doing that employees will get more motivated and more effective. Therefore, sales will increase and the customer service will be improved.

On the other hand, the employee can check his or her own sales statistics, which can help the individual employee to become more aware of his or her personal objectives. Also, it allows them to see where the numbers can be improved.

Time saving software

Another benefit of POS system lies in keeping track on the delivery and all goods going out of your store. The system continually tells you how much a specific product has sold and exactly inform you on what you have in stock. This allows the POS system itself to submit orders to the suppliers when the inventory is nearly empty. Therefore, there is no need to have an employee spending time on doing it.

Remote Access

Cloud-based POS platforms provide remote access, allowing for virtual teams, multiple locations, and peace of mind for everyone involved in running the business. Inventory management can be streamlined across locations, scheduling can be done from home or during a commute, and much more.

Real-Time Reporting

Most cloud-based POS platforms offer in-depth, customizable reporting, data analytics, and even specialty programs for specific projects (frequent customer programs, discounts, happy hour promotions etc.) and most industries. Sometimes the features are included in the base price, while other times, they’re add-ons. Be sure to keep an eye on this distinction in the fine print of any contract you sign.

Data Redundancy

The biggest benefit of a cloud-based POS solution is data backup and redundancy. There’s nothing worse than losing valuable data or having utilities cut off on-site with no way of recovering or returning to work. Operations shut down, and it can possibly shutter your business.

Scalability

You’ll be able to scale your business much more quickly and cheaply using a cloud-based POS platform. Up-front costs are often minimized in exchange for lengthy subscription fees. It’s essentially an a la carte model in which you’re only paying for the functionality and space you need. As you grow and require more, you can just add it on.

With a software-based platform, you’ll pay larger up-front costs that are necessary each time you expand. You’ll need to do a fresh install and start from scratch each time. Cloud-based POS platforms can sync more easily and take a modular approach to resolve this headache. If you need to run an update across all devices, you’ll find it’s much easier leveraging the cloud