What is Point of Sale (POS)?

POS or PoS is an abbreviation for "Point of Sale" (or Point of Service). This could be referring to a retail shop, a checkout counter in a shop, or a variety of locations where a transaction can occur.

GreenCash! is a Point of Sale(POS) software program that you can utilize to manage your cash flow from everyday transactions, tracking inventory, and sales reporting. All these are made easy through GreenCash! GreenCash! is extremely user-friendly and is designed to work seamlessly with QuickBooks accounting software, making it even easier to manage your business. Using barcode scanners and touchscreen interfaces, you can process your sales quickly and efficiently--hassle-free!

Why use a POS software?

Switching from a traditional, hardware cash register to a computerized point of sale system can be intimidating. However, there are some undeniable benefits to using a POS system. Read on and learn how your business can step it up to the next level you've always dreamed of with GreenCash!

More than just a cash register.
A POS software system doesn't simply replace your cash register. All a cash register can do is show your cash flow for the day. It cannot provide any insight into profit, inventory, let alone point a direction to your best selling products. On the other hand, a computerized cash register can instantly tell you how much money you have left in your cash drawer, and how much of that money translates into actual profit. It can also tell you how many of a specific product were sold today, and how many you have still remaining on the shelf. It can even alert you when stocks get low and more items need to be ordered. Now, wouldn't that make life just fabulous?

Prevent theft.
By switching to a computerized point of sale system, the average small business (a company doing $500,000 per year in business) typically reduces theft by 2.5% - that's $12,500! How, you ask? Through the help of a POS system, your employees will watch the inventory much more carefully because they know that their stock is being monitored. Ultimately, everyone is more alert and aware of the business surroundings.

Less inventory shrinkage.
A computerized system fine-tunes your sensitivity to obsolete and broken inventory. Furthermore, you can have a much more accurate count with which to compare shelf inventory. These tools typically reduce shrinkage by another 2.5%!

Better manage inventory.
With detailed inventory reports, you can manage the flow of inventory with remarkable precision, ordering products when you see increased sales. You can also build up historical data that will help you predict future inventory needs. You don't need 150 snow shovels in the summer, but you may need 500 more fans for your store during the month of August. Aren't you tired of basing your orders on what you think you sell? Revolutionize your business by basing those orders on what you know you sell. GreenCash! makes it happen.

Watch your margins.
By reading your reports you may find that you sell 10,000 batteries that cost 48 cents for 50 cents each and that you sell 100 flashlights that cost $1.98 for $9.95 each. Your inventory reports will help you to stock more products that give you greater profits and fewer products that give you the least amount of profit.

Happy Customers = A Happy You.
Computerized point of sale systems, with barcode scanners and other helpful tools, make checkout much, much faster. That translates to happier customers. And happy customers equate to returning customers, and returning customers mean...okay, so you get the picture. Even if you don't use a barcode scanner, a computerized system is faster, because you can enter SKUs that are automatically linked to pricing. In business this day and age, time is money. But faster doesn't necessarily mean better, especially in the cases where quality lacks due to higher speed. But, GreenCash! delivers speed with the precision along with a lowest price guarantee, my friend. What more could you ask for?

Accuracy.
With a computerized cash register, every item in your store has an associated price. Never again will you have to figure out how much that flashlight sells for. Your clerks will never have to play the "guess the price" game again.

Know thyself, or really just your customers.
Use a POS software to store the name and address of your best customers. Then you can use the list to target advertising, or to just get on a first name basis with your most loyal consumers. Easy and cost-effective