Point of Sale System
Point of sale (also called as POS or Checkout) is the place where a retail transaction is completed. It is the point at which a customer makes a payment to the merchant in exchange for goods or services. At the point of sale the retailer would calculate the amount owed by the customer and provide options for the customer to make payment. The merchant will also normally issue a receipt for the transaction.
The POS in various retail industries uses customized hardware and software as per their requirements. Retailers may utilize weighing scales, scanners, electronic and manual cash registers, EFTPOS terminals, touch screens and any other wide variety of hardware and software available for use with POS. For example, a grocery or candy store uses a scale at the point of sale, while bars and restaurants use software to customize the item or service sold when a customer has a special meal or drink request.
The modern point of sale is many times called as the Point of Service because it is not just a point of sale but also a point of return or customer order. Additionally it includes advanced features to cater to different functionality, such as inventory management, CRM, financials, warehousing, etc., all built into the POS software. Prior to the modern POS, all of these functions were done independently and required the manual re-keying of information, which can lead to entry errors.
RetailEdge POS Software Features
Sales Features * Works with touch screens/systems and non-touch screen based systems * Time Based Discount Rules (Buy X Get Y for Z%, Mix and Match, etc.) * Recurring billing with card on file (great for club management and service businesses) * Wish List/Gift Registry * Age Verification * VAT for countries that support a Value Added Tax * Support fractional cents. Great for businesses price large quantity discounts or sell items at fractional cents like gas * Promotion Code Tracking * Open Orders/Deposit Tracking
The POS in various retail industries uses customized hardware and software as per their requirements. Retailers may utilize weighing scales, scanners, electronic and manual cash registers, EFTPOS terminals, touch screens and any other wide variety of hardware and software available for use with POS. For example, a grocery or candy store uses a scale at the point of sale, while bars and restaurants use software to customize the item or service sold when a customer has a special meal or drink request.
The modern point of sale is many times called as the Point of Service because it is not just a point of sale but also a point of return or customer order. Additionally it includes advanced features to cater to different functionality, such as inventory management, CRM, financials, warehousing, etc., all built into the POS software. Prior to the modern POS, all of these functions were done independently and required the manual re-keying of information, which can lead to entry errors.
RetailEdge POS Software Features
Sales Features * Works with touch screens/systems and non-touch screen based systems * Time Based Discount Rules (Buy X Get Y for Z%, Mix and Match, etc.) * Recurring billing with card on file (great for club management and service businesses) * Wish List/Gift Registry * Age Verification * VAT for countries that support a Value Added Tax * Support fractional cents. Great for businesses price large quantity discounts or sell items at fractional cents like gas * Promotion Code Tracking * Open Orders/Deposit Tracking
Links: Direct links to QuickBooks. RetailEdge will put the data into QuickBooks Pro or Premier with the touch of a button. RetailEdge allows you to map your department information into different accounts in QuickBooks Pro. Credit Card Processing In addition to processing with PCCharge, RetailEdge has a direct links to Mercury Payment Systems (MPS) and Payment Processing Inc (PPI). This eliminates the need to purchase additional programs and provides a seamless integration. Partnering with PPI or MPS saves you money. OPOS Peripheral Device Support RetailEdge can use any supported device that has an OPOS Driver. The OPOS drivers allow RetailEdge to work with cash drawers, receipt printers and label printers that are not specifically listed in our device definition files. This allows users who migrate to RetailEdge from different or older POS systems to use their existing equipment if the equipment is supported by OPOS drivers.