Point of Sale (POS) – Explained by Steven Hoffmann

To improve your company's business results, using a Point of Sale (POS) control is essential. In general, the presence of the POS helps to make organizational gains, such as managing inventory, opening and closing cash and controlling exchanges and returns in a more simplified and autonomous way.



What is a POS?

The Point of Sale (POS) describes the retail area where products are exposed and the client makes the purchase. Technology has changed the way professionals interact at work, including with partners and customers. Therefore, using an ERP system that automates processes and still has POS control is functional and indispensable for those who want to have greater authority over their own business.

Steven Hoffmann is Chairman and CEO of Newt Corporation – the company that provides Digital Wallet, POS and Prepaid Products on a white label platform.

What is the importance of using a POS?

The cash front appears as an ally to any type of business, for large, medium and small companies. It is a global trend that makes it possible to purchase products without direct contact between customer and seller (or service provider). Allied to the management system, it becomes indispensable for your business, as it automates the process of reading products with bar codes, and using labels created in the tool so that the registration of sales items happens automatically.

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