Hi Malaysians! Is this your first time hearing about POS system malaysia? If you answered no, and you heard about it before. Well, are you thinking of Poslaju? If yes, then this article is not about our all-time favourite courier service. To give you a hint, POS here is an abbreviation for point of sale. To learn more about it, continue reading this article.
What is POS System?
POS is defined as a place where something is sold to the public, or the place where someone pays for something. To put it simply, POS is a place of transaction between the seller and the buyer. During this process, the seller will:
- Calculate the bill for the buyer to pay
- Take note of the price of product(s) that the buyer wants to buy (manually or by scanning the barcode)
- Offer payment options to the buyer (cash, card, QR pay)
- Accept the payment made by the buyer
- Provide a receipt for the buyer
Now that you’ve read above, you must be thinking – so POS system is just a fancy term for cashier? Well, technically you’re not wrong. But yes, POS system is typically used for cashier but it uses a higher technology than the conventional cash register box. Also, POS system includes software and hardware parts like:
- POS software
- POS machine/monitor/touchscreen/tablet
- Barcode scanner
- Recipt printer
- Credit card terminal
- Cash register
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What is the purpose of POS System?
Other than for transaction purposes, POS system malaysia has its other purposes. This includes:
- Creating your store’s sales reports
- Manage and organize your data
- Manage your inventory
- Manage staff shifts and staff access
- Offer food delivery service
- Contactless ordering system
What are the benefits of POS System?
Due to its wide range of purposes, there are a lot of benefits if you own a POS system malaysia at your store.
- Easy invoice management
POS system software helps you to record and group all your invoices from your store’s sales transaction. It also helps to put the invoices in different categories such as – sales, refunds, aggregator, staff amenities are more depending on which software that you chose.
This feature benefits you to manage your store’s account and to minimize careless mistakes that tend to happen with traditional invoice management (bill book and pen).
- Quick payment process
With POS system, customer can pay their bills faster compared to the cash payment method. This is because POS system offers different types of payment method such as card payments and QR Pay. Furthermore, it will beneficial for the cashier as well because they don’t have to manually calculate the customer’s total bill as the product prices are all listed in the system.
- Improve Employee Management
POS system also comes with a feature where you can monitor your employee’s performance. This means that you can see your employee’s punctuality based on the time they clock in the system, the number of sales that they did in their shift and the hours they worked. With this data, it will be helpful for you to count their salaries and also overtime pay.
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