What is Point of Sale (POS)?
A Point of Sale (POS) system is a combination of hardware and software used by businesses to complete transactions with customers. It enables the sale of goods and services, processes payments, and manages inventory in real-time.
Importance of Point of Sale (POS)
A POS system is essential for improving transaction efficiency, managing inventory in real time, and generating accurate sales reports. It enhances customer experience, reduces human error, and provides security. It also helps with employee management, scalability, and customer relationship building through loyalty programs. Overall, a POS system streamlines business operations, boosts accuracy, and provides valuable insights, making it indispensable for modern businesses.
