“Hosting in Bangladesh” is the best company in Bangladesh. It offers services in diverse fields. In case of creating POS Software in Bangladesh, this company has showed its outstanding capability. It creates this software thinking of the straightforwardness of the particular filed where it will be used. The company has got entire support from its clients across the country. It is always ready to serve the customers expectedly and create new Point of Sales software following the update system so that it becomes user-friendly.
The meaning of POS software
POS stands for Point of Sale. POS software is usable in such a location where transactions of any type of purchase or sale take place. This is a well-known term used in the retail shop, cashier counter in the store.
How the system done and where applied:
Point of Sale system is done by the combination of Hardware and Software including barcode scanners, touch screen display and electronic cash register systems. This system is widely used in indifferent industries – beauty salons, shops, hotels, stadiums, firms, restaurants etc. The actual thing is that any transaction in exchange for money in case of selling or purchasing, point of sale system can be used.
From the above description, it is realized that POS software is very necessary for proper transaction. The activities done by this software are given below:
- Analyzing sales data
- Adjusting the levels of purchase
- Using POS software in restaurant
- Advancing pricing accuracy
- The fields of using POS software
- Decreasing operating cost
- The entrance of inventory codes
- Bringing the information of the products up to date
- Keeping installment system
- Decreasing human work load
- Keeping the calculation of tax
- Providing report
- Helping the business company to reach in success
Analyzing sales data: Using POS software, you can save all the sales data and analyze the data next time according to your necessity. At this, you can realize about the selling condition. You can also identify the barriers if have. Based on the information, you can solute the obstacles and take effective steps for the next improvement.
Adjusting the levels of purchase: Buying and selling products are the main activity of a company of any type. If you can properly realize the selling position of the products, you can take the correct steps of purchase. POS software can vastly help you in this significant activity. At this, you can perfectly adjust the levels of purchase in your institution coping with occasional or seasonal trends.
Using POS software in restaurant: The propagation of POS software has reached to the restaurant. It has brought a great change in the system of taking order from the customers. The method of payment is also extraordinarily updated. At this, the customers feel comfortable to pay money and they also get their expected items of food quickly. Actually, POS software has brought an appropriate quality in day to day sale.
Advancing pricing accuracy: Pricing exactness is a very important issue in case of selling the products. So, there should have an effective arrangement so that it can be preferable to the clients. POS system can properly track the price of every product including the custom formulas add-on amounts, margin percentage and the percentage of cost. The pricing accuracy can satisfactorily be improved by the combination of bar-code scanners.
The fields of using POS software: The abundant use of POS software system is found in receipt or invoice printers, electronic cash drawers, bar-code scanners and credit card readers. The activities of receiving and paying accounts can skillfully be completed along with inventory control system.
Decreasing operating cost: POS system is undoubtedly an extraordinary process. It has decreased the operating cost of the institution or company in which it is being used. Now the running of the company has become so easy due to using this software.
The entrance of inventory codes: The inventory codes are entered by a bar-code scanner. At this, the selling system becomes standard. It becomes easy for both the customers and cashier to transact of the products. The issue of inventory codes can continuously be controlled and updated next time according to necessity by POS software.
Bringing the information of the products up to date: POS software is such a fine software that it automatically updates the information of the products, keeps the records of inventory and account parts and shows the result exactly.
Keeping installment system: Almost every company has the installment method to increase their sale especially on the selling of expensive goods. At this, the clients feel ease to buy more products. The account of installment can rightly be kept using POS software.
Decreasing human work load: A business company that sells various products has to keep the report correctly. It becomes often very difficult to keep the actual account of every product by a man. The employee having in charge has to bear this load. In this case, all the account can properly be kept and work load can be decreased by using POS software.
Security: Every company is conscious of security about the products. POS software traces the products rightly. The software keeps the calculation of stock in, stock out, stock balance and stock valuation in every inch. At this, the security of the products is ensured. There is no way of losing or missing any product.
Keeping the calculation of tax: Every company is responsible to pay tax on the products. A good account has to be done to pay tax. POS software helps to do error-free account.
Helping the business company to reach in success: The owner of every business company naturally dreams to spread the business in his anticipated periphery. To materialize this dream, the company can use POS software to trace the time and the best selling of the particular product. At this, the company can realize the demand of the exacting products and can sell the necessary items that will bring success easily.
Providing report: POS software is entirely capable to provide reports of sales, profits and costs. The account of every hour, day, week, month and year according to date is found using this software. At this, the perfect formats of invoices can be created.
At last it can be said that POS system is an all in one way. Tracking every part of the business, it has really advanced the periphery of the business. POS software has wonderfully modernized the business scheme. Based on this software, the business of any type can quickly reach its successive destination. So, the necessity of using POS software in different companies is actually undeniable.