POS System for Retail Stores

Retail stores in Colorado come in all shapes and sizes, and require various types of POS systems. The largest ones may have hundreds of stores spread out internationally, while the smallest may be a one store mom and pop business.

In this article, we will focus on large scale retail operations. These businesses often have product lists much larger than the restaurant and bar industries, meaning your operation may need a POS system that can handle selling products across multiple channels, regions and countries.

POS Software for Large Retail Operations

You’ll want to pick a POS system tailored specifically to handle your complex retail needs. This includes tracking larger scale volume sales, syncing activity across multiple locations, and integrating accounting throughout your business.

POS Dashboard

Because retail businesses can be so large, an easy to read dashboard is key to monitoring performance. Ideally, the POS system will allow you to customize your dashboard to fit your businesses needs.

A retail owner will need to closely monitor and manage the following criteria:

• Key performance indicators
• Sales metrics
• Item listings
• Inventory and order fulfillment
• Loyalty systems

When logging into the backend of your POS system, these criteria should be easily accessible and customizable.

POS System Syncing Inventory Across Multiple Locations

POS systems make stocking inventory across multiple retail locations a breeze. Often, retail stores use many different vendors to deliver their vast array of products to their stores. Many POS systems allow you to combine each other into one master order, which saves precious time and helps keep you organized.

POS System Integrating with accounting platforms

Due to the large volume of transactions that take place in large scale retail, it’s especially convenient if your POS sales metrics integrate with existing accounting platforms. This will make balancing your books that much easier, which means you’ll always have a grip on your profits and losses and bottom line.

POS System Hardware for retail

Barcode scanners

Barcode scanners and receipt printers are essential for retail businesses. Retailers stock large amounts of products that each come with a unique code.

Manually inputting these codes can be a hassle and are prone to employee error. Barcode scanners make this process easy by inputting the codes for you. This enhancement speeds up the checkout process and reduces waiting times.

Receipt printers

Printers automatically generate a receipt to hand to the customer. Some updated systems even allow for the option of emailed receipts, which is beneficial to the environment by not wasting paper.

Receipts are proof of payment and extremely important for customer experience and data. A customer will often double check the receipt to ensure everything looks correct, and refer back to the receipt later on for personal budgeting or to track spending. They can also be used as a method for returning items because it is the confirmed proof of payment. Without it, stores often won’t be able to process returns or exchanges.

Contact us today to schedule a consultation with Smart POS for your retail store POS installation.