4 ways Technology streamlines your Business
4 ways Investing in Technology streamlines your Business
For small and medium sized businesses, investing in technology to digitise business processes seems daunting. However, streamlining customer-facing and internal processes quickly pays dividends on that investment.XSELL till and back office software centralises all areas of your business. Being able to dig down into and report on every aspect of your business means it runs optimally. There are 4 main areas where this increased efficiency allows you to:
- Maximise Profits
- Streamline Processes
- Minimise Workloads
1. Operational Streamlining
When it comes to business processes, being able to automate routine tasks is going to save a lot of time and effort, and also avoid mistakes. Setting up all supplier information and purchase order templates saves you mountains of admin time. Reporting on your customers’ buying habits means you can craft successful, targeted marketing campaigns and promotions. Staff management tools make it easy to assign different levels of clearance, track performance and design incentives. Sales reports are an effective way to pre-empt seasonal fluctuations, so you can optimise stock levels and promotions.2. Inventory Management
Being efficient with stock will revolutionise your business. For a start it minimises your stock holding costs, and allows you to optimise replenishments. It also means you will be less likely to disappoint customers with out of stock items. It’s easy for your sales staff to look up how many of a product is in stock on the till. XSELL calculates how many times your products sell so you to make structured decisions to make best use of your resources.3. Customer Experience
A positive customer experience is the only way to turn a regular customer into a loyal one. Reporting on customer behaviour allows you to stock and promote more effectively. EPOS stock and purchasing processes means an eradication of having to disappoint a customer when something has run out of stock.Product information is at your fingertips with quick access to stock details and stock levels at the till.
Loyalty schemes are a great way to reward your customers and keep them coming back for more.
4. Centralisation
The more centralised processes are, the less time they drain from you and your staff.Card payments – integrate your EPOS system with your card payment service provider. This means sales data is sent direct from the till to the pad. It’s a quicker service and eradicates keying in mistakes.
Ecommerce website – integrate your epos with your website. Product information goes straight from the EPOS to the website and sales data is sent to the software.
Accounting – Do away with having to manually send your sales data to your accountant and let your EPOS send it through at the end of every trading day.
Hand held devices – Having your EPOS software on a hand held device is great for stock taking and building purchase orders. One click sends all the info direct to the EPOS software, saving you mountains of time.
Focus on what you do best and leave your POS Solution to do the rest
POS Ltd retail and hospitality EPOS solutions – Back Office and Till software with integrated ecommerce, accounting and card payments tailored to the needs of our customers across the UK.
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Posted: 31-10-2024