Throughout all of your business success, your reliable point of sale system has been there to help you to serve your customers. It may not be eye-catching visually, and it may require you to spend your evenings performing manual data integration to balance the books, but you have a system that works quite well. However, what if there was a form of POS that could help you do better? What if there was a way for you to stop working for your POS solution, and instead have it work for you?
The time has come for you to examine the potentials that an mPOS mobile point of sale system can introduce to your business. An important part of this process is to conduct an in-depth comparison between the options that come with a traditional POS solution, and those that are included with an mPOS platform. This helps you to make the best decision possible for your business and gives you the precise blend of features and functionality to further drive your success.
Let’s Talk About Data
Data is now the single most important driving factor behind modern business success. In today’s business world, data forms a basis for everything that occurs and is indispensable in aligning business offerings to consumer expectations. In addition to providing accurate insights into product and service trends, it is also imperative that data be secured and accessible. It is these aspects of data management that make mPOS solutions so attractive to small business owners.
The traditional POS system can provide small business owners with data management capabilities. But unlike mPOS solutions, which stores data in the cloud, POS systems will limit your access to information once you leave for the day. Additionally, POS data will most likely be stored onsite, making it suspect to loss due to theft or physical failure, or corruption due to a virus or malware infection. These combine to make relying on a traditional POS platform a large risk to your valuable data.
An mPOS solution stores its information in the cloud, which immediately removes the risk of compromise via software vulnerability and eliminates the chances of data loss due to equipment failure. Storing your information in the cloud presents you with innovative ways to access and process your information. The list of benefits of cloud-based data storage grows longer when an mPOS app can be utilized to harness the power of business information.
Accessing Business Information and Tools Via an App
A distinct advantage of moving to an mPOS solution over a POS system is the ability to run your business from an intuitive app. Using an app offers you some game-changing options in how you operate your business, including:
- Instant access to inventory lists and stock levels.
- An app allows staff to clock-in, clock-out, or check schedules.
- An mPOS app frees you from the traditional register setup.
- Inventory can be monitored in near real-time thanks to seamless cloud data integration.
- Create and execute reports from anywhere.
Relying on an app to access all of your business tools and information adds a layer of security in addition to improved accessibility. Data will be protected in all three of its states (at rest, in transit, and in use), keeping you within PCI DSS compliance standards and building confidence among your customers that you can be trusted with their personal information.
Using mPOS Revolutionizes Business Through Mobile Device Support
Smartphones and tablets are mobility tools that the majority of us are very familiar with, making the ease in which they integrate into mPOS solutions a new ideal for small businesses. These devices can make a customer service statement when deployed in your business. The modern aesthetic feel of utilizing tablets as your register terminals come from both the modern look of a mounted tablet setup, but also from the de-cluttering of your service counters.
The portability access to POS tools and data allows you to empower your staff into giving personalized, white-glove customer service to each customer that walks through your door. Staff can quickly pull up a customer’s history to guide them through new products or to help them find a new wrinkle on a favorite product or service. Tablet in hand, a salesperson, server, or stylist never needs to leave a customer’s side, boosting sales conversions as well as your reputation.
Build Revenues Through Flexible Payment Features
Flexibility in payment acceptance options is an enticing feature of mPOS systems. The cloud-based foundation of an mPOS solution is ideal for quickly accepting new forms of payment. In addition to EMV or tap cards, the doors swing open to including various digital wallet payment types, including Bluetooth-transmitted payment information, scannable smartphone barcodes, or online payments types such as CashApp, PayPal, or Venmo.
The cost of payment processing falls with these exciting payment options now at your fingertips. Many mPOS systems allow you to quickly adjust the payment processing terms through open, re-negotiable processing terms that are based on your volume and the types of payments you accept. Having this granular level of control over the type and terms of the payments you process gives you predictability in your expenses, as well as a new form of flexibility in how you operate.
An Experienced POS Partner Can Answer Your mPOS Mobile Point of Sale Questions
The fundamentals behind what an mPOS solution can deliver to your business will raise more questions than they answer. The questions you want to ask should fall on the experienced ears of a proven POS expert. A POS consultant will not only answer your questions, but will show you a world in which mPOS has revolutionized how you have done business, and will show you what is possible with having this innovative technology running your business behind the scenes.
The decision process of staying with a traditional POS or moving towards an mPOS system can be a challenge. The experienced POS consultants at talech will guide you through the basics of each platform, presenting you with all of your options so that your POS goals are completely met.
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