Software Advice, a website that reviews and compares retail software, recently conducted research to analyze what retail buyers are looking for when purchasing a point of sale system. The report analyzes the top reasons for purchasing, the most sought after features, and buyers’ deployment preferences. To gather the research, Software Advice analyzed thousands of its phone consultations with retailers over the past four years. Some key findings from the report include:
Retailers Look to Improve Effectiveness. Most buyers were looking to improve their accuracy and effectiveness with a new POS system.
The Need for Improvement. Of the buyers consulted, over a third were current point of sale software users looking for new options. Additionally, one-fourth were currently using manual methods for sales transaction processing.
A Shift Away from On-Premise Software. The analysis showed that only 10 percent of buyers preferred an on-premise POS system. In 2010, 60 percent of the buyers Software Advice spoke with preferred on-premise systems.
Current POS systems are typically installed on local computers, not hosted cloud-based systems. Every retail terminal has to be set up individually. Managing multiple stores is an enormous problem (data synchronization, security, lags in updates, etc).
Retailers want an affordable system that runs multi-store implementations. They also want POS software that provides a consolidated global view of their operations and inventory so they can make informed decisions. Read More »
For retailers, it can be very difficult to plan around consumer demand. In other instances it is quite easy. People always want more turkeys during Thanksgiving, for instance. Not all consumer demand is so easy to predict, however, and the business needs to be quick on its feet to adapt to changing demands.
The first thing that a business needs to be able to do to respond to consumer demand is to understand its own sales patterns. Posterita’s report features allow you to produce sophisticated reports that provide you valuable business intelligence into your customer’s purchasing habits. When you can see that during a given point in the year demand for one of your products tends to go up, you can accommodate that by ordering more of those products.
This allows you to go beyond the obvious in accommodating customer demand. You may know that, at certain times of year, some products fly off the shelves. With Posterita, you can be sure that you’re ready for this seasonal product demand. Read More »
Payroll is one of the most involved endeavors for any large operation. Even for small businesses, it can be complex, difficult, and expensive to manage. Posterita offers a great solution to the problems that go along with payroll and it’s very simple to understand.
Integration is Step One
Posterita takes care of tracking your employee’s hours. In fact, it goes much further than this. The POS software can track hours and, because it matches sales with the person who made them, it can identify when employees are performing very well or very poorly and give you empirical data to back up both assessments. This, however, isn’t where calculating payroll is simplified.
Posterita allows you to set up all the information relevant to your employees within the system, including their pay rates. If you want to do payroll, the system makes it essentially an automated affair. It can calculate how many hours they worked, their rate and their deductions, allowing you to print up pay slips very quickly. There’s more to this, however.