In this digital age, everyone wants to have their work done in the shortest possible way, or we should say the smartest way possible the same goes with the payment solutions, the point of sales POS systems has made the payment solutions efficient. With the introduction of a cloud-based point of sale system, not only this technology has become easier to handle but also easy to access.
The cloud-based environment seems to be a breath of fresh air to the users and customers, as well. This technology has opened new doors of advancement I and seems Futuristic, the services it provides with newly developed features have given rise to different other prospects of financial Tools which are not only easy to use, but it also guarantees perfect outcome of the issues once considered as fatal. The presence of reliable networking and made to order hardware system the problem of managing data within the vicinity has also been resolved with the most advance sales system being used the retailers at the leading business facilities.
In our previous blog which was very interesting on the famous myths about the clouds based pos that are proved wrong. In that blog, we discussed in detail the common unrealistic perception that plants have about the cloud-based pos system. The approach of that blog was to clear the facts and to educate the readers about the cloud-based system. We are trying to convey how the cloud-based system in the future and essential needs for every business.
Futuristic Approach with Cloud-Based POS:
To study how cloud-based pos works? We must study how a conventional POS system operates. Suppose you go to an innovation grocery shop, you by your stuff, and the next thing you do is to Rush towards the billing counter, it is your wish to get served first, but there is a massive line of other people waiting to get billed. Here the number crunching starts, and by having a Cloud-based environment you can pay your bills online. That is what we can have by using a cloud-based POS system. It proves its significance by saving people’s time and efforts.
The cloud-based software is often considered as apps termed as EPOS (Electronic Point of Sales) to give an impression that the software used to run electronically. Cloud-based POS has proved their significance with time as being the most used billing utility especially in the corporate sector where the person’s in charge have a very less time to look into the financial matters and what it needs is a glance over the final settlement on the end with a comparison of the difference in sales from the past days, your conventional POS would not have the functionality to cover up such integrational statistics here the significance of the Cloud-based AI studied POS which shows all the hierarchical data of sales with complete notion.
In this article, we will try to look deep into how Cloud-based systems are the future of Point of sales system’s technology. Is going online is the smartest way and what importance it holds in the local market. The points mentioned below are made after going through good observational data and research. It may differ from regions to regions, although a generic global & domestic approach is adopted while listing the factors here.
Immediate Setup & Operation:
While using a Cloud-based POS system, the managers can easily set this up with the desired settings along with the functionality of changing the fares that are being updated on the web. How can customers be benefitted from this opportunity? The answer to this query is by syncing.
For instance, a customer is roaming around your vicinity and looking over his phone for item selection as he/she doesn’t like to the primitive pick n choose stuff. As a host, what you can do here is to provide your customer with a basic internet connection & the permission to download your app so there may be no hustle, and the customers would have a happy-go-lucky buying session.
The cloud-based POS system is subscription-based, which is usually short-termed. This short term handshake includes basic software licensing, customer support, data housing & updates charges. These short-term contracts are very helpful in today’s working environments as whenever you feel unsatisfied, you can cancel or terminate the contract at the very moment, which doesn’t need any sort of backdoor confrontation.
While if you go back sometime you will find heavy long-term contract which still hurts to some extent in which you would find people operating the system suffering from the unreliability of the systems which causes the customers to move and interestingly you can’t do anything about it as the contract finishing deadlines are more narrower than 120-year-old guy’s tooth gap so you got to wait as the replacement will take ages to happen.
It is a new innovation in the field of cloud computing that the updates it installed are rapid & it is an advantage that reflects all its aspects. The same is with the cloud-based POS systems that whenever there is an update, it authenticates the controller, it gives a downtime/upgrade message to all its connected sides (Point of sales portals) installed in different places, or we should say shops, hotels, etc.
The upgrade time is more or less 15 minutes, and the upgrade used to take place after business hours or after operational hours. This aspect of the cloud-based POS system really stands out as a completely new feature, and it does not only benefit the user but also to the customers as well.
Ease of Payment & Shopping:
Having a cloud-based POS system installed in your vicinity, it always helps you in the online shopping & payments as well. If you are busy with your daily routine work but you have to buy a new dress to wear in the evening for dinner, which is the best possible solution to this will be shopping online. You pick your phone and select the best possible attire for the evening and checked out.
Now, here comes the most important part of the payment, how will you pay? With the use of a modern cloud-based POS system, there are multiple payment solutions, and you can pay by any one of them, leading payment solutions opted by some of the cloud-based POS systems are PayPal, Apple pay, Amazon Payments, etc. these days some mobile services are also offering payment solutions to people who will surely be added to the payment facilities in the upcoming versions of cloud-based POS Systems.
Customers Data Integration:
Cloud-based POS systems have the ability to store data of its customers visiting the franchise, how it really do this? Suppose you visit a shop in a shopping mall. They offer a great ice-breaking atmosphere with free internet connectivity, but upon the connection, it asks you about your basic details, which include your name and phone number. This data is then integrated with proper encryption, and with reliable network support, it is then fed to the Cloud server of your POS.
What your POS would do with this data? Automatically it will take this data and send out invites and messages about new things you are introducing in the market or some end-season sales you are organizing. Data integration, while payments are also very necessary because people these days use to pay via cards or through online payment systems. The data encryption is very necessary here. This thing really requires trust as if it gets leaked. The customers would get easily robbed and left with nothing.
Cloud-Based POS Systems in Pakistan:
In Pakistan, the Cloud-based POS system is being used at the leading brand franchises and hotels, as well. People are getting savvy with it because moving towards something requires 2 T’s these T’s are testing and trusting, People in this environment really need a proven record to optimize things, and this technology is still new to the people.
Cloud-based POS system would take some time to be fully operational in Pakistan as the people are getting used to it, and once when they get it in hand, it is a sure thing that it will be the most widespread & in-demand thing in the accountancy business.