c. Integration Capabilities
In this digitally-driven era, the online presence of your business is not optional. If you dream of success, you must occupy a space in the virtual world. As you sell online, you need a virtual POS to keep information about your internet-based transactions. But does it mean if you run an online and brick and mortar store you need to obtain two Points of Sale? Of course, you do not.
With technological advancements, multi-channel POS systems are now available. Hence, if you run a hybrid business, you need to check whether the selling point system you are purchasing has this capability.
d. Inventory management
Inventory management is one of the crucial components of your business. If you fail to manage inventories in your business, then it can only succeed in the dream world. As such, when considering a POS system for your business, it is essential to ensure that it has the capability of managing your inventories.
Essentially, choose a selling point system with the ability to create inventory report as well as generate and send purchase orders. With this, your business will experience a smooth flow without stock out moments.
In total, when purchasing a Point of Sale system, make sure it has robust security features, accepts mobile payments, it has multi-channel integration capability, and helps you to manage your inventories.