Chamber of Commerce Hawaii represents more than 2,000 organizations including nonprofits and businesses of all sizes that encompass 210,000 employees from a wide variety of industries that are contributing more than $32 billion in revenue to Hawaii’s economy.
5 Advantages of Using a POS System in a Retail Environment
A new article by retail technology expert and CCH member, eMazzanti Technologies shares how the advantages of POS systems in retail extend far beyond simple sales transactions.
The author highlights five important benefits businesses realize with a modern POS system, from improved inventory management to support for data-driven decision making.
She then highlights the need for updated retail cyber security and suggests options for protecting important retail technology investments.
“POS systems of today do much more than accept payment methods. This comprehensive solution drives efficiency and shapes the customer experience,” emphasized Jennifer Mazzanti, CEO, eMazzanti Technologies.
Below are a few excerpts from the article, “5 Advantages of Using a POS System in a Retail Environment.”
Improved Inventory Management
“The system will deliver alerts when inventory runs low. Further, it can help to automate reordering. For instance, if you set reorder levels in the system, it will automatically generate and send a purchase order when stock levels reached the specified point. This allows you to maintain ideal inventory levels without constantly counting product.”
Analytics for Data-driven Decision Making
“POS systems offer robust reporting features, providing valuable insights into product performance, sales trends, peak shopping hours, customer habits, and more. This data proves essential in driving decision making around products, pricing, and promotions.”
Improved Customer Experience
“Additionally, because the systems accept multiple payment options at a single terminal, customers can easily pay using their payment type of choice. And if they need to return or exchange items, the POS system makes that a breeze, as well.”
Strengthened Security
“Modern POS systems prioritize security with features like secure payment processing and user access controls. This safeguards your business from fraud and data breaches, providing peace of mind and facilitating compliance with regulations such as PCI DSS. In addition, cloud-based POS systems protect against data loss by enabling automated data backups.”
Protect POS Investment with Retail IT Services from eMazzanti
Keep in mind, however, that remote attacks on POS systems have become a lucrative business for cyber criminals. The fact that most attacks on POS systems result in a confirmed data breach underscores the need for updated retail cyber security. eMazzanti Technologies offers comprehensive and cost-effective retail technology solutions, including cyber security.
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About eMazzanti Technologies
eMazzanti’s team of trained, certified IT experts rapidly deliver increased revenue growth, data security and productivity for clients ranging from law firms to high-end global retailers, expertly providing advanced business cyber security, retail and payment technology, digital marketing services, AI, cloud and mobile solutions, multi-site implementations, 24×7 outsourced network management, remote monitoring, and support.
eMazzanti’s consistent growth landed them on the Inc. 5000 list 9X. Recognized as a 4X Microsoft Partner of the Year, the #1 ranked NYC area MSP, NJ Business of the Year, and 5X WatchGuard Partner of the Year, the company excels as a trusted outsourced IT partner! Contact: 1-866-362-9926, info@emazzanti.net or http://www.emazzanti.net Twitter: @emazzanti Facebook: Facebook.com/emazzantitechnologies.