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POS systems are used in every industry and business field; in simpler words wherever monetary transactions are involved. However, the most common example of POS can be seen in shopping malls or shops at the cash counter. While checking out, the cashier pulls out a machine and scans the product and the merchant produces an invoice mentioning the sum

Some of the features of a POS system are:Sales monitoring and recordingSales reportingManagement of cross channel returnEmployee and staff managementCreating and availing gift cards and couponsInventory managementBilling and recording of orders made

Among the best features of POS systems is that it offers remote tracking of the business concerned. It allows the merchant to track and maintain a record of the entire business from anywhere in the world through a device connected to the Internet.

POS systems are capable of furnishing business holders with accurate digital signage. This means the merchant can easily advertise his/her business digitally from anywhere in the world. It will then spread the word to suppliers and retailers in the form of an advertisement on LCD pole displays, etc.

POS systems come with an easy, user-friendly mode of software, which allows anyone to operate it without difficulty. Besides, it is also easy to install and can be done by any person even if they only know basic computer functions. However, it is necessary that a POS system compiles with the existing software of the business and does not interfere

The main purpose of a POS system is to serve consumer sales record and services. However, POS units are used on a number of occasions. All major back-office work is handled mainly by this system. This includes maintaining a detailed record of products that are received and transported to various other locations. Besides, it also handles inventory c