Point-of-Sales System (POS)

Point-of-Sales System (POS) is the place where a retail transaction is completed. It is the point at which a customer makes a payment to the merchant in exchange for goods or services. At the point of sale the retailer would calculate the amount owed by the customer and provide options for the customer to make payment. The merchant will also normally issue a receipt for the transaction.

The POS in various retail industries uses customized hardware and software as per their requirements. Retailers may utilize weighing scales, scanners, electronic and manual cash registers, touch screens and any other wide variety of hardware and software available for use with POS.

The modern point of sale is often referred to as the point of service because it is not just a point of sale but also a point of return or customer order. Additionally it includes advanced features to cater to different functionality, such as inventory management, CRM, financials, warehousing, etc.

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Here are some features of Raven POS:

  • User Access Control that manages the user accounts that are being assigned to its individual user groups with their personalized rights and permission.
  • Inventory management centrally register and controls all products associated with the POS. This includes pricing, description, grouping and individual product images.
  • Customer module allows the pont of sales (POS) system to manage the master list of regular or walk-in customers for invoicing purposes.
  • Stock control is a consortium feature packed with in stock, out stock, transfers and write-off which manages the replenishment and monitoring of product movements.
  • Supplier listing centrally manages a master list of suppliers for in stock and purchasing purposes.
  • Raven POS allows mapping of suppliers and costs to individual product and can be configured for critical stock monitoring with on screen or SMS notification.