How to choose the right Billing Software for Retail Shop?

Billing Software for Retail Shop

Billing Software for Retail shop otherwise called as ”œPoint of Sale” software is the basic software required for any retail business. Any retail stores where the customers come in more numbers require Billing software. Examples of retail stores would be super market, jewel store, textile store, restaurant, mobile store, furniture store and so on. The basic purpose to have POS software is to do the billing. To choose the right Billing Software for Retail Shop,  you need to know the following things.

User Interface: First and the foremost thing to look into before purchasing a POS is its user interface. User interface is nothing but the look and feel of the software. You will have to check whether the display of fonts, color and the navigation of buttons are easy for you to operate faster and easier.

Input methods: The POS software can be used with the help of a touch screen as well as a regular PC keyboard. When you are choosing a POS you should make sure it is compatible with both touch screen and regular keyboard. Today you may be using a regular keyboard based system. But tomorrow you may elevate to a touch screen. At that time if your POS does not support it then you will have to buy software which will increase your cost.

Machine Compatibility: If you already have a system and want to buy POS software then check whether the chosen software can run efficiently in your existing system. If it can work properly then you need not invest on the system. There is POS software which can be compatible to POS system like desktop PC, Laptop, or a tablet. If the chosen software has compatibility with all types of system then you can consider it.

Integration of Operations: Any POS software apart from the billing function needs to integrate with other operations like sales, accounts, inventory, payroll etc. in a business. If it is integrated only it will be easier to track the business. This is one of the critical features you will have to look in POS software.

Bar code Facility: Another important feature to look into POS software is the bar code facility. Retail stores like super markets and textile store require this option as it saves lot of time in billing and inventory management. This is definitely a key feature which you will look in POS software
Discount Facility: Discounts play a major role in retail business. Any POS software should give the option of creating discounts. During festival times and end of season, most of the retailers come out with lot of offers. All this is possible only when the POS has the option to create discounts. Otherwise it will be difficult to track the entries. So make sure your POS has this option.

CRM Option: POS software with tracking of customers will only add more value for the business. Especially in a Retail business it is very important to be in touch with your customers. Around 70% of most of the customers are repeat customers. Make sure your POS software has the facility to send SMS and email to your customers on their birthdays, anniversaries and so on.

If you want to know more about this you can view Free Demo of Billing software here

I am a Chartered Accountant with 5 years of experience in both Consulting (KPMG) and Industry (Tapzo).

I am currently assisting various Organizations in understanding the impact of GST on their businesses to help them with a smooth transition.

Key areas of experience include:
– Developing SOPs and Process Implementation
– Identifying and Implementing Internal Controls as required by the ICFR Framework
– Training and Development of staff in various Finance/ Audit functions
– Statutory Audits

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