Best Cloud Based POS (Point of Sale) Software in Pakistan

Operating a retail store is not an easy task. It demands a diverse range of marketing, management, and administrative skills. Retailers need sufficient inventory and monthly sales reports. With efficient POS software, businesses can seamlessly run these operations.

What is a POS Software Pakistan?

A POS is a place where shoppers make payments for services or products. A POS transaction completes whenever a consumer makes a purchase. It helps brands to run many of their retail operations in unison. The latest versions of the software enable customers to utilize mobile POS features, engage via e-commerce platforms, and make contactless payments.

POS software acts as the fulcrum of many retail brands and restaurants. It is the hub where customer management, payment processing, sales, and inventory management merge. Even during the global pandemic, 2/3 of retailers prioritize their POS technology. Additionally, a survey shows that some businesses have increased their overall sales up to 200% by utilizing POS features. Source: SoftwareAdvice

Cloud-based POS vs. Traditional POS

A traditional POS, also commonly known as legacy POS runs on closed networks. It runs on local servers, and data can only be accessed on-site. Traditional POS systems need to be updated manually and have fewer updates. These manual updates require a maintenance fee and re-installation costs in the case of a system crash. Additionally, traditional POS systems are difficult to customize.

A cloud-based POS enables businesses to manage their data from anywhere in real-time. It allows retailers to run their operations without an internet connection (auto-sync). With a cloud-based POS system, businesses can enjoy using the latest version of the software as the POS provider installs the updates automatically. Moreover, cloud-based POS systems are portable and save retail stores a lot of space.

Businesses can customize cloud-based POS systems to track employees’ attendance and automatically show sales reports. Nowadays, more and more retailers seek to implement a cloud-based POS system.

Hardware components essential for a POS system are as follows

Monitor/Tablet:

Displays all essential data, including employee clock-in, sales reports, and other retail functions.

Barcode Scanner:

Scanning barcodes to show product info and automate the checkout process. Also, automatically adjust stock levels by integrating the scanner with an inventory management system.

Credit Card Reader:

EMV-compliant credit card readers are essential for avoiding financial losses.

Receipt Printer:

Although email and text receipts are gaining popularity, paper receipts are still pivotal for some retail businesses. 

Cash Drawer:

A cash drawer acts as a secure place to store cash for transactions. Cash transactions have the added benefit of no associated credit card fees.

Features Every Point Of Sale System Must Have

Sales:

Simplify checkouts and customize counter sales. An all-in-one POS enables businesses to automatically organize their inventory, print receipts, and review payments.

Instant Purchasing:

Accept customer payments via debit and credit cards, cash, gift cards, mobile payments, or cheques. Moreover, validate payment procedures with your external card terminal.

Customer Relationship Management:

Create a customer database, optimize consumer engagement, and maximize marketing and service capabilities. Also, request customer feedback and learn about consumer behavior. 

Loyalty Program:

Offer customer incentives and reward points to encourage repeat purchases and referrals. Integrate sales data with the loyalty program to keep track of all metrics.

Inventory Management:

Seamlessly maintain, optimize, and manage inventory.

Employee Management:

Safeguard sensitive business information by granting employees different levels of access privileges. Measure employee performance and calculate employee overtime.

Purchase Management:

Stay in control of the supply chain and conveniently process purchase orders. Estimate profits with ease and cancel or edit orders instantly. 

Data Analytics and Insights:

Make knowledgeable business decisions through data analytics and real-time insights. Analyze consumer behavior to improve customer engagement and overall sales.

Multi-Store Management:

With a centralized database, businesses can operate numerous retail outlets from a single location. Brands can smoothen customer checkout experiences and sell products or services from any device.

Dynamic Marketing:

Target the right consumers by predicting customer intent. Moreover, send automated emails and promotions to promote your business.

E-commerce:

Provide customers with a seamless shopping experience in physical and digital stores. Sell multiple products in multiple places from a centralized dashboard. 

Accounting:

Conveniently make payroll tax payments and sales tax reports. Avoid human error in accounting with a built-in tax calculator. 

Mobile Ordering:

Customers can experience a mobile user interface for portable purchasing with real-time synchronization across multiple devices. 

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