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Need to boost sales on a particular night? Use your restaurant best POS solution software to help you run food and drinks promotions. You can set up timed promotions that run for as long as you want. On top of that, Lightspeed’s reports can show you when you sell the most — or the least — so you know where you need to make improvements.

POS software can have as many features depending on the requirement of the end user and the industry it will be used for. Some POS software comes as integrated modules in comprehensive ERP software packages, while others are sold as standalone solutions. However, there basic functionalities common to POS systems such as the following:

  1. Inventory tracking : This is useful if you have storage facilities or multiple branches since a POS system inform you if you have enough stocks in your store or other branches, and if more stocks are needed.

  2. Sales reporting and analytics : This feature allows you to capture and analyze vital data on product sales as well as revenue rates and ROI. You can determine which products need more marketing efforts, or craft better sales boosting strategies.
  3. Customer management : POS systems store and maintain customer’s full purchase history that you can access on your dashboard. You can access customer information anytime and gauge who among them are your most valuable customers.
  4. Employee management :This allows you to efficiently manage your employees’ time and optimize productivity by keeping track of when and what your employees are working on.