Odoo POS is an app having integration with stock, accounting and other apps of Odoo. You don't have to put extra efforts to manage your stocks, it can be managed instantly at the time of transaction from POS. Odoo POS eliminates the complexity of updating inventories, it seamlessly synchronizes your products, orders, barcodes, discounts and customers, now you do not have to worry about updating two sets of inventories. You can identify your customers directly from the POS and also can create invoices with ease and accuracy, allowing you to synchronize your accounting data seamlessly with great customer experience. We all know that the POS is a great combination of hardware and software which is used for transactions and also synchronization and integration with different modules simplifies the core day-to-day business operations.

Components of POS Systems: Software and Hardware 

Basically there are two components of POS systems

Software Components

The two basic software deployment methods:

 

On-premise:  It is the traditional software model which includes, first, purchasing one or more licenses for the software, second, installing software on your computer system or servers. Updating and maintaining the software could be exhausting and you may need IT professionals fr handling the implementation process of the on-premise software.

 

Cloud-based: Also known as Software-as-a-Service (SaaS) POS solutions. Deploy the software over the internet server which can be accessed anytime anywhere and support the system via the internet. 

Hardware Components

Whatever software you choose, regardless of that Hardware will be the same:

Crucial POS Hardware

Register screen

It is the standard monitor for displaying product database. Also, it enables other functions like having a clear view of sales report, employees performance & attendance. Bulkier monitors can be replaced by lightweight tablets.

Barcode scanner

Automates the checkout process. Barcode scanning helps in pulling product information and add this information to the checkout total. Adjust stock levels by integrating inventory with the barcodes.

Credit card reader

Compliant retailers always provide you with the secure and EMV-compliant credit card readers. Pay securely and avoid fraud.

Receipt printer

Providing a quick snapshot of the purchasing to the customers is important, even after email and text receipts facilities. Easily print sales total of each employee, working hours and other important information.



 

Benefits of POS Systems

Automate the transaction process and conveniently track crucial sales data by using electronic POS software systems that truly helps in streamlining retail operations. You can easily coordinate data collected from daily purchase only by using a basic electronic system that includes an electronic cash register. Furthermore, if retailers need to increase the efficiency and functionality they have the option of selecting and installing a network of data-capture devices that consists of card readers and barcode scanners.

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