Evaluating the Quality of Point of Sale (POS) Software

Abstract

Businesses are progressively adopting the Point of Sale (POS) system. This system has a wide range of use which includes; inventory management, sales monitoring, stock counting and reporting, etc. Current POS systems are considered costly and time consuming systems due to high hardware installation (need separate servers etc.) and maintenance cost. Also, software need timely up gradation and maintenance. Cloud-based POS software can help reduce some of these limitations of POS system. This system will provide new dimensions to the business. This software will be easily accessible by using internet connection and can be installed on mobile phones, tablets or laptops. When the product will be sold out, it will immediately save the information on the cloud and will provide timely statistics regarding sales and stock records. This system will be cost effective as no need to maintain separate servers for different sites. It will help to identify areas which can assist the business to accelerate their profit and explore new business strategies. The emergence of cloud computing point of sale software will help the companies to work effectively and proactively. It has its significant importance for all type of businesses; from small retail outlets to multinational companies

Keywords

• pos system
• cloud computing
• , multinational, companies