Mahi Verma

Inventory Management Tools With the right  inventory management tools , small, and mid-sized businesses can effectively manage their inventory Inventory management continues to play a critical role in the success of an organization. However, because of the domino effect businesses have on the overall economy, recently “unsold inventory created a big drag on the economy”. According to NRF Chief Executive Matthew Shay, inventory challenges contributed to the unmet sales goals of the recent holiday season. Although excess inventory is  a n undesirable scenario, product shortages are equally undesirable, as out-of-stock inventory is troublesome for both the business and the customer. Finding balance then becomes pivotal in the success of a business. In a recent study by the Aberdeen Group, the Best-in-Class businesses could “right size” their inventory by assessing products down to the SKU level. Inventory management systems are a great way to look at product information, includin...

  Importance of POS Software in your growing business A simple cash register doesn't add to the quicker billing services. However, after introducing the  POS Software , there are many advantages adding up to daily sales. Here the list of top advantages you would get using a POS software: Efficiency in staff access. Better security and reliable service. Accuracy in billing. Ease of payments via online and offline modes. Increase in sales through promotional activities. Greater customer checkout experience. Increase in the speed of transaction. BooksPOS is a single cloud based POS software for your entire business. May it be brick and mortar outlets or online shopping channels, BooksPOS lets you manage all through one single inventory. In addition, an ideal POS Software gives you a smooth working experience in your daily day-to-day operations and billing. BooksPOS lets you continue your sales and billing even in the offline mode. So there's no issue for the internet connectivity...

 What is a POS Software? A   POS Software   is what a brick and mortar retail outlets need to execute sales. It is basically a software that allows a face-to-face faster customer checkout services. A sales through a POS Software takes place in a time between the merchant and the customer. Using a POS Software, a merchant can avail several benefits. Such advantages include  inventory management tools , CRM and promotional offers, accounting and book-keeping, staff management. Further, you can also check your daily sales report and so on. You might be aware   of POS Software unknowingly. Do you remember when you were checking out at a shopping mall? The cashier scans all the products you are purchasing and generates a bill with the amount payable. Yes, that’s when a POS Software is in work. When the product is scanned, it’s automatically deducted from the available stock to keep a track of the inventory. A POS Software is of an expert use and of course a requisite...