An integrated web-based software package, with a touchscreen interface and scanning device, speeds up the checkout process at the cash counter. Every scanned item is automatically deducted from the database of inventory. It also allows you to take a printout of the inventory to keep and crosscheck its proper records. It is said that management and control of inventory forms a major chunk of the POS system.
The selling price of the items is saved categorically in the computer and this helps the software system to automatically designate the price while scanning the item. This method helps in the quick and exact calculation of the items purchased by the customers. Secured data backup in this process also helps in the prevention of pilferage. Simultaneously, it also monitors employees and tracks the number of customers visiting a restaurant or retail shop within a particular time span.
For the successful operation of the point-of-sale system, it is imperative that all its peripheral functions also work properly. Hence, it is always advisable to maintain a compatible set of hardware systems including barcode scanner, printer, magnetic card reader, data capturing unit, etc. for the proper functioning of the whole sales operations.