A Point of Sale (POS) system helps keep holistic overview of your business and keeps record of its cash flow automatically. Maintaining data and daily records becomes easy. its ability to save information about your financial status, your inventory status and your sales status.giving you a detailed information of how your business does in a given timeframe.

Technology is moving business forward. Being into a retail business who refuses to upgrade your point of sale channel, it’s quite possible you’ll be left behind

this blog, will talk about the various types of a POS system, its key components, key features and development cost. So, let’s begin-

Types Of POS System Depending according the need of the business,size (small, medium and large enterprises) and complexity,can be of following types-

Terminal POS This terminal POS is the most common form of POS system that we often see at stores, eating joints , supermarkets, electronic appliance stores, etc In this system POS is a software/hardware based system that connected with add-on hardware such as card reader, barcode scanners, , bill printers and with the collection box.

These systems have considerable capabilities which include inventory management, payment receipts via email, CRM and customer loyalty programs.

Mobile POS This we call mPOS or Mobile POS system or uses a mobile device such as a tablet,smart mobile phone,or another mobility device as a terminal at which you can attach a card reader. It just allows and highly portable for you to attach other sub devices such as barcode scanners and billing printers.

Cloud Based POS. cloud POS or a web-based POS system-if we explain in layman language it is a terminal POS is not installed on a local computer but on the server of the POS provider,

Cloud POS systems are popular among startups as they offer all the benefits a terminal POS with added benefits of being more cost-effective, simplicity and flexibility. That said, your POS is always at the mercy of the POS provider and you’ll never be a complete owner of the system. Now that we know the three types of POS systems, it’s time to look at the… Key Features Of A POS System

The main components of a POS system can be categorized into hardware and software, with the hardware comprising of a PC or a mobile device, a register, a card reading machine, billing printer, or a weighing scale (as per your requirements). But it’s the software that makes the POS systems work like a charm. While different businesses may require a different set of features, there are some key features that remain the same across all POS systems… Invoice Generation Processing orders and generating bills is the basic function of a POS system.real time scanning of barcode for the product for MRP is doe in this POS system.Along with that, the POS system should also be able to print buyer receipt with their name, total charges (including discounts, if applicable) and salesman/cashier name on the receipt.

Product Search In the adverse situation,Our installed POS system helps in product search just by clicking the barcode scanner of the product by matching its item code,name or any other field/category specified in the system. .

Inventory Management To Keep proper records of the stock/inventory is the primary concern of all business owner.This will help owners and admins know how much of a product is left in the warehouse. An efficient POS system should also make updates in the inventory after each sale. . Sales Report & Analytics

From overall sales in a day to the revenue generated from each sale and/or product, a sales report and analytics tool gives you all the business centric information you need to do better business. The data gathered by such reports and analytics tool also lets you know which items/products are doing great and which ones need to be worked upon.

Customer Relationship Management When a new customer buys something for the first time, the POS system asks for name, contact details and in some cases, birthdays, anniversaries and other special dates. This is to enhance the customer experience for which any business is.

Customer Points and Rewards Now a days customer loyalty is programmed in mostly POS systems to give their customer a better deal.Loyalty program such as awarding certain points for each purchase,overtime points will be accumulated in the customer profile,after that the particular customer can use to get better deals out of it. Now comes!Cost Of Developing A POS System At this stage hardware selection matters depending upon the usage,quality and may be brand to system installed varies $ 1000to $5000.As a developer for your POS software ,we advise our customers to go for value for money material available in different brands and assemble it.And also that provides hardware support and services We Trignodev Team can be starter support for installing your POS system. Apart from hardware,software plays main role to keep your records for smooth functioning. Software design is customization,depends on our needs and the features you want to include system. So let’s not wait and get into detailed discussion with your support team to setup a POS system for your business.