Today’s businesses need to be flexible and provide as many options for payment as possible. However, merchants also need to keep their eyes on the mitigation of unnecessary costs. This is why many are utilizing what is referred to as an integrated point of sale (IPOS) system. In this article, we will share about the Powerful weapon in the eCommerce Market.
What is POS Integration?
To put it simply, POS integration is a digital integration that enables you to process orders and transactions via multiple channels.
For example, a supermarket that has a POS system that all of its chains use. The supermarket also has a separate ERP system to manage accounting, procurement, and other processes. If the POS system holds data on recent purchases at the supermarket, then to transfer that data to ERP, the employee will have to input that information again in the ERP system to ensure proper accounting of the supermarket’s cash flow.
Benefits of POS eCommerce integration
The above example shows the benefits of POS Integration. There are several reasons why many traders transfer to use management software because it not only eliminates complexity but also brings convenience to the user when you want to grow your business.
Time-saving
This software will arrange the products with the same attributes, price, etc, and general group into a category. This makes it easy to manage over hundreds of products. At the same time, the search has also become simpler. Instead of having to memorize all the information of each type of item.
POS software will help you shorten the sales process by just a few simple steps: select product, quantity, and click pay. So the software will automatically calculate the total amount of the order and print the invoice, which saves your time.
Manage resources effectively
Sales management software integrates employee management, debt management, employee timekeeping, and month-end salary calculation, etc. with this smart design, store owners can completely measure the productivity of each employee and adjust accordingly.
Improve business efficiency
You can create many attractive promotions for many different customer groups: Customers with birthdays in the month, loyal customers who buy many times, customers with high-value orders, etc. Customer care is always the most effective way to increase revenue.
Improve customer service
There are promotions suitable for each audience. At the same time, the SMS/email Marketing function will help you send messages to notify about a promotion or a gift wish on the holidays. Surely, these will make customers feel satisfied, impressed with your store and make them want to come back next time.
Now, you know and understand the benefits that POS system integrations bring to an online store. But in fact, every business is built differently, just because this technology is a fit for one company, doesn’t mean it’s the right fit for yours.
Finding the right integration solution
Selecting the right software solution for integrating your software can be tricky with so many different choices available. We’ll guide you through the different options.
Shopify POS integrations
Shopify is one of the largest and most popular eCommerce platforms where anyone can create an eCommerce website or online store to sell products on the internet.
Shopify POS integration is an additional function that assists you complete management tasks on one system with ease. Many have not discovered this amazing feature and they suffered from a bulky management process by switching between two platform
Payment POS integrations
By integrating payment options, you’re syncing the systems and platforms that facilitate the payment side of things. When it comes to retail, this typically means connecting your POS system with your payment processor so that data can be transferred from one platform to the other seamlessly.
This solution is important because by eliminating the need to manually key in customer and credit card information at the check-out counter, your customers are only willing to wait 5-10 minutes in line before walking away without making the purchase.
Accounting POS integrations
When you integrate your POS with your accounting software, you no longer have to do manual bookkeeping and reconciliations, and you’ll save yourself a big headache when tax season rolls around.
These insights help with everything from inventory purchasing and hiring decisions and even your budgets for marketing, giving you more control and more visibility. Account POS integrations also make it easier to keep track of invoices and receipts because they’re all in one place and can be moved between platforms with ease.
Loyalty POS integrations
This solution allows you to award points and make rewards redemption a breeze. Modern loyalty solutions also eliminate the need for physical punch cards, so you can track points, purchases, and rewards simply by using the customer’s name or phone number.
Inventory management POS integrations
If you run a retail operation or a restaurant, inventory management is essential to your success. When you don’t have the right products, your business won’t survive. So, inventory management POS integration is made in real-time, you can know when it’s time to replenish and help you make smart purchasing decisions.
Staffing POS integrations
Staffing POS integrations allow you to track employee performance and sales goals to see who sells the most, and which employees are putting in the most hours.
Your employees can also have access to clock in and clock out or even streamline the onboarding process for new colleagues, making it simple to introduce them to the schedule and system.
Moving forward with POS integrations
Even if you’re satisfied with your current POS system, the introduction of certain integrations and connecting different solutions can take your business up to the next level. So, figure out where you could use the most help, then implement those integrations. Doing so can do wonders for your productivity and profits.
Conclusion
Businesses can significantly improve their functionality, customer experience, and productivity with integrated POS systems by gaining access to real-time data. When all service functions and information are synchronized, workflow is enhanced, driving scalability, profitability, and business intelligence.