Choosing the right point of sale (POS) system is vital for your business. With a reliable POS terminal machine, you can manage and control business expenses with greater proficiency. You can also better understand what products sell best and then refine their stock accordingly. A POS system allows you to track your staff’s performance while at the same engaging customers with loyalty programs.

Customers’ expectations are raising the bar in terms of technology solutions needed to satisfy the demands of your industry and give you a competitive advantage. A mobile POS terminal is essential to make intelligent, data-driven business decisions for increased sales.

Discover how your business can benefit from using a POS system, regardless of what industry you are operating in.

Urovo’s combinations of POS hardware and POS software are the right choice to gain a performance edge for facing your industry challenges. Check our selection of payment terminals to find the one you need.

What is a POS System?

As the name implies, “Point of Sale (POS)” refers to the point of where the sale happens. A POS system is a combination of software and hardware that is used to centralize business management.

A POS system is built to simplify the selling and purchasing process so that transactions can be completed faster and more efficiently. Besides processing sales transactions, a POS system can also:

●       Provide real-time data and reports;

●       Automate manual tasks;

●       Help you manage your employees, inventory, and customers;

●       And more!

What are some general benefits of using a POS Terminal?

Buying a POS system may seem an unnecessary expense, but if you look closer, you’ll find clear gains. We can summarize the main benefits of a POS system as follows:

Higher accuracy:

more straightforward checkout process paired with real-time inventory management;

Deeper analysis: 

sales patterns analysis and extensive data collection;

Easy access to business trends:

when all your business data is collected in one place, it’s easier to see trends in customer behavior and store traffic patterns;

More time and money saved: 

modern POS systems are designed to be highly user-friendly, meaning that it won’t take long for your staff to learn how to use one. An easy-to-use POS terminal machine also helps speed up the checkout process during peak hours, contributing to driving more sales for your business. You also save money because you can track your finances better through its real-time reports;

Business management from everywhere: 

when you use a cloud-based POS system, you can run your business wherever and whenever you want. A cloud-based POS system stores its data on the Internet, meaning that you can access it anytime, anywhere. You don’t need to go to your store or call your employees for real-time updates. This is great, especially for busy small business owners;

Real-time reports: 

you need accurate data to run a profitable business and make intelligent business decisions. In a POS system, all the information you need is available at any time, so you don’t need to manually check to see your best-selling items, inventory status, employees’ performance, and more;

More efficiency: 

your POS system will help you prevent waste and loss via its inventory management system and task automation features. This is especially useful if you need to manage stores in multiple locations;

Better employee management:

with the employee management feature of your POS system, you can manage your employees’ information, monitor the number of hours each employee works, track the sales amount generated by each employee, and more;

Increased customer loyalty: 

loyal customers tend to spend three times more than new customers. With a POS system, you can hold special promotions and sales for loyal customers and reward them with loyalty or referral programs to keep them coming back;

What industries can benefit from using a POS Terminal?

●       Hospitality

●       Retail

●       Warehouse and Distribution

●       E-commerce Fulfillment

●       Healthcare

●       Manufacturing

●       Transportation and Logistics

●       Energy and Utilities

●       Government

●       Banking

Hospitality and retail are the two industries that most often benefit from the use of POS systems. Let’s dig deeper into how a POS system can boost the growth of your restaurant, hotel, cafe, or small business.

Hospitality

Any restaurant where you dine, any bar where you drink, and any hotel where you stay count as examples of a point of sale in the hospitality sector.

Analyze your guests’ and customers’ reactions: 

with a POS system, you can see if one menu item isn’t getting any buyers, so you can put it on special or discontinue it. If one particular dish is selling more than others, you can immediately set up to resupply its ingredients more often and more quickly;

See new patterns: 

with a POS system, you can track your employees’ service time, average table turnover time, and what hours are most popular at your business. You’ll better understand your customers and deliver customized solutions.

Restaurant POS: 

A restaurant POS system can help with managing your tables, menu, and staff. You can make meal distribution faster and simpler for your wait staff. Our restaurant POS solutions also support a variety of payment methods, so you can better satisfy your customers' needs.

Hotel POS: 

For hotels, a POS system can link a hotel property management system with the restaurant or spa, so all transactions and data are in a centralized location.

Bar/Cafe POS: 

Café’s owners can use POS software database management features to store transactions, keep track of customers, and target those customers for rewards.

Retail

When it comes to a POS system, your mind probably jumps to retail first. Indeed, retail presents the clearest example of point of sale in action.

Allow inventory tracking across multiple stores: 

you can use a POS system to track your inventory across multiple stores in different locations. POS systems also let you see the stock availability in each store, meaning that you can look up an out-of-stock item in another of your stores;

Improve your customers’experience: 

through POS systems, your employees can find products that your customers want in just a few seconds. With a more seamless checkout process, your staff can focus less on the actual transaction and more on delivering a better customer service experience.

Urovo POS Solutions for Retail

Smart Desk Cashier: 

we upgraded the traditional cashier system to a full-featured smart cashier desk. Cashiers can use it to collect payments more conveniently without making mistakes. Customers can benefit from a faster payment experience.

Mobile POS Terminal: 

store employees can process the customers’ payments anytime and anywhere through the Urovo’s smart mobile POS terminals. For example, with the Urovo i9100 you can process a wide range of payment methods, including smart cards, contactless cards, magnetic stripe cards, QR-code payments and even e-payments like NFC Payment, Apple Pay, Samsung Pay, Alipay, WeChat Pay, and Quick Pass.

QR Code Payment/Face Pay POS Device: 

the Urovo QR code POS device is an indispensable tool for retail stores ready to collect e-payments.

Urovo - We Provide the Best POS Terminal Machines for Your Business

At Urovo, we believe in delivering more features, more solutions, and more support to give your business the power to grow. We make modern POS systems that focus on being reliable, secure, and easy to use.

Besides hospitality and retail, Urovo provides comprehensive and versatile POS terminals for more scenarios and industries, including:

• Express shipping: parcel collection and distribution
• Logistics distribution: proof of pickup and delivery
• Medical insurance: quick identification and medical insurance payment services through scanning your face, personal ID, and medical insurance card.

Don’t see your industries? No worries

Get in touch with our payment terminal specialists to see if Urovo is a fit for your needs.

The Wrap Up

As a business owner, you need a good POS system - whether you run a retail store, a restaurant, a cafe, or a grocery store. A feature-rich, user-friendly POS terminal machine can make managing your business simpler and more efficient.

If you have been looking for a solution to process sales seamlessly and make inventory management fuss-free, you have come to the right place. At Urovo, we offer a range of industry-specific POS solutions that will add measurable value to your business and raise your customer satisfaction. Contact us today!