POS SYSTEM by Danway Emirates 1. What is POS System? 2 A POS (Point of Sale) system is a computer-based technology that allows businesses to conduct transactions with customers. It is used for processing sales and accepting payments for goods or services in realtime. The system is usually composed of hardware (such as a computer, barcode scanner, cash drawer, and credit card reader) and software that manages inventory, sales, and customer data. 3 2. How POS System Works? 4 POS System Work A customer brings their items to the checkout counter. The customer chooses their payment method (credit card, debit card, cash, etc.). The cashier scans or enters the item information into the POS system. The system retrieves the price and adds it to the total bill. The customer chooses their payment method (credit card, debit card, cash, etc.). The customer chooses their payment method (credit card, debit card, cash, etc.). 5 3. Benefits Of POS System 6 In addition to processing transactions, POS systems can also generate reports, track sales trends, manage inventory, and provide customer analytics. They are commonly used in retail stores, restaurants, and other businesses that handle transactions. ▫ Efficient and Accurate Sales Tracking: A POS system can quickly and accurately track sales data, including transactions, inventory levels, and customer information. This data can be used to analyze sales trends and make informed decisions about product inventory and marketing strategies. 7 ▫ Increased Efficiency: With a POS system, you can easily manage your business from one centralized location. This can help you reduce errors, improve communication, and increase efficiency across your entire operation. ▫ Time-Saving: A POS system can automate many manual tasks, including inventory management, employee scheduling, and sales tracking. This can save you time and allow you to focus on other aspects of your business. 8 ▫ Improved Customer Service: A POS system can help you provide better customer service by allowing you to quickly and easily access customer information, track sales history, and personalize the shopping experience. ▫ Access to Real: Time Data: With a POS system, you can access realtime data on your business performance, including sales figures, inventory levels, and customer information. This can help you make informed decisions about your business and adapt quickly to changing market conditions. 9 10 1010 Thanks! Do you have any questions? info@danwayirs.com +971 434 73232 https://danway.ae/ 28 24B Street - Al Quoz Industrial Area 3 - Dubai - UAE 11