POS Systems in the Philippines: A Sign of Change

August 28, 2018
BY JON MENDOZA
POS Systems in the Philippines: A Sign of Change

Businesses have become more advanced as time passes. You can see this with the strategies they’ve put out so they can remain relevant in their own industry. Oftentimes, these techniques are being applied in sales and marketing strategies. For instance, a POS system in the Philippines could aid a company’s operations. After all, a POS system is the central hub of the entire operations.

In Philippines offices, a POS system could enable businesses to keep track of their sales and operations. It could also manage other things such as accuracy and precision in a very timely manner. As a company owner, you may be asking yourself what you can do with a POS system in the Philippines? How are they different from other numerous systems that promise similar things? What kind of perks and benefits can you expect with a POS system installed in your office?

These are some of the questions every business owner should ask themselves. Luckily, they’ll be answered soon enough. Firstly, we should discuss the system, itself.

What is a POS System in the Philippines?

What is a POS System in the Philippines?

A number of business professionals regard the POS system as the central hub of operations for their business, especially in terms of monitoring sales, merchandise, and other important aspects of the business. Known as a Point-of-Sale System, this allows you to keep track of sales made within the company, which is usually placed by the customer on the order and purchase as they logged on to the server. This will later be used for archiving purposes and future references.

Many company owners see the system as an upgrade to the usual electronic cash register machine as it allows them to have eyes on everything, allowing them as hands-on as they wish to be. Like most systems in place, the POS can come in two different variants such as the following:

On-Site/On-Premise

These types of POS systems are the more common ones in use today. It allows you to keep track of what has happened in your business during the day and make some adjustments if need be. While typically handled by at least one person, larger corporations often employ the use of IT specialists for better operations.

Cloud-Based

Nowadays, many modern users of the internet know of the cloud—a server where users can save and input various data for safekeeping and access them with the help of the Internet.

For this POS, it enables you to monitor your business even when you are not in the office, which is perfect for on-the-go business professionals. If you’re wondering if it has any drawbacks once you have no access to the Internet, then there’s no need to worry ass every data that was gathered will be synced back once Internet connectivity has been established.

What are the industries that utilize POS systems in the Philippines?

What are the industries that utilize POS systems in the Philippines?

In the Philippines, POS systems are now making their rise in various industries! With that being said, it’s also important to note of the different industries in which POS systems are now in place:

Retail

Retail is one of the best examples of industries that make use of the POS system. This is especially for Philippine retail companies. It allows workers to keep track of the merchandise and sales for the day. Employers and business owners would also be able to keep track of their own employees and personnel (which we will discuss more in this article).

Hospitality

Most hotels and other accommodations also use this kind of systems to assist them with various customer needs, such as booking a hotel room online or even checking if there are any available rooms. The latter can be used to accommodate any last-minute requests. The hotel’s concierge will also be able to check for availabilities in the other establishments through the system. Guests’ inquiries will also be easily addressed thanks to the POS system in the Philippines.

Like most industries, the hospitality industry is actually one of the most diverse industries there is as these also include restaurants, coffee shops, bakeries, and many more. In their case, the system allows them to accept payments for products made by credit/debit cards, which in turn makes it easier for them to keep track of payments made for future transactions.

Customer Service

One of the broadest industries there is, customer services can surely benefit from the use of POS systems as it allows workers to be able to monitor operations from their end. At the same time, they could also receive payments made by customers via online transactions.

Why use POS systems in Philippine offices and establishments?

Why use POS systems in Philippine offices and establishments?

With what has been discussed, it is undeniable that POS systems have provided a sense of change in the industry to date. Many businesses have been able to adapt to the ever-changing landscape of their industries and, as such, it’s important for newly-christened professionals to be able to ride the wave of change as well.

Thanks to POS systems for Philippine offices, numerous employees are able to keep track of their work better! Gone are the days where hassles and stress are the norms. You have entered the age of comfort, convenience, and efficiency!

There are numerous other reasons to support the use of POS systems in Philippine offices and establishments. Let’s explore them one by one below.

Greater Efficiency

When it comes to working with POS systems in the Philippines, the system offers a great step-up in efficiency. As mentioned before, no one has to endure the hassle of manually checking for payments made, for the inventory, and for any other aspects of the job. With POS, workers can make sure that the job is done the right way!

Greater Inventory Management

As mentioned before, POS systems for Philippine offices are able to manage their inventory more efficiently and accurately. With POS systems, there’s no need to worry about losing track of anything as these things are logged onto the servers of the system, making it easier to check when needed.

More Detailed Reports

Like most businesses, at the end of every month, a report must be compiled for better coverage over what has happened during the duration of the month. A report must cover everything, from sales to purchases, to overall performances by the teams involved. In the end, reports compiled and assisted by POS systems will be more detailed, accurate, and downright spot-on with anything having to be discussed.

Faster Service

Of course, this alone should be enough to convince you of the wonders POS systems can bring to your business! Instead of having to stress yourself out on having to look for certain things, documents, and whatnot, POS systems can bring you what you need with the push of a button! All you need to do is learn how to use it properly and you can deliver a faster service in no time!

Greater Employee Management

Another thing one should be able to keep track of when it comes to business is none other than your employees. They are the rock that holds the business together and keeps it afloat with their services. As a boss or as a business owner, you certainly would want to know about the progress they have done during work. Thankfully, you can operate the POS systems; you’ll be able to do so by accessing the system remotely! That way, you’ll be able to know who logged in and what was done during their shift.

 What is the difference between POS systems and electronic cash registers?

What is the difference between POS systems and electronic cash registers?

As mentioned before, POS systems are seen as a change from the usual electronic cash register. You could say that it is a more advanced version of that. Since POS systems come equipped with numerous features that cash registers do not, comparisons between the two can be made apparent through careful analysis and research.

For further enlightenment, here are some things to take note of when comparing POS systems with electronic cash registers:

Easier Accounting

Since the convenience of POS systems has come to light, accounting through them has been made much easier thanks to the various features showcased by POS systems. As mentioned before, it allows users to keep track of transactions made with the push of a button, as well as view previous transactions made in past weeks or months.

For electronic cash registers, though their functions are equally reliable, accounting is a bit of a stretch since one must sort through numerous receipts just to find or keep track of past transactions made, which in turn can be difficult to do so as it can be a hassle having to look through numerous pieces of paper.

Added Inventory Management

As mentioned before in previous paragraphs, POS systems can be great for inventory management in the Philippines. All you’ll need to do is log something in the machine and you’ll be able to view the inventory in no time! Plus, you won’t just be able to view a certain part of the inventory, you’ll be able to view the whole inventory so that you can determine if anything needs to be restocked or changed!

For electronic cash registers, it can be a bit of a stretch to do so as viewing inventory status is not something electronic cash registers are meant to do. From there, users can look through receipts and determine the state of their inventory through what was sold and what was returned. However, even doing this alone can be stressful at times and, thus, harder to manage.

Any Mode of Payment is Acceptable

Now, this is something that both electronic cash registers and POS systems have in common. Back in the old days, payments were exclusively made in cash, until debit and credit cards were introduced for the convenience of the modern man. Since then, various modes of payment were made available to everyone!

With the electronic cash register, customers are able to choose to pay in either cash or card. For the latter, these machines are usually equipped with slots that enable cashiers to swipe their customer’s card and receive payment. In the Philippines, select banks in numerous establishments provide them with card scanning machines that are able to receive payment, so long as the customer inputs their PIN.

For POS systems, the machine is already equipped with card slots that can make debit and/or credit payments acceptable. However, what puts them above despite their similarities in function is none other than being able to accept other payment options other than card or cash—most notably through the use of mobile applications that allow them to simply be scanned and received.

Online Shopping Made Easy

Online shopping is something that is constantly gaining popularity. With POS systems, using the cloud is one way to ensure that any purchase made online will push through and that payments will be easier to make and receive for both ends.

 

StoRemote Inc.: The Philippines’ Instrument of Change

With all that has been discussed with POS systems in this piece, it is definitely undeniable that the impact brought on by POS systems in the Philippines is even greater than anticipated. So, as a business professional, why not give this handy system a try?

When it comes to trusting someone in providing this change of pace for your business, StoRemote Inc. is the best name to trust!

StoRemote Inc. is definitely your one-stop shop for all your POS system needs. With just one click of a button or a tap of the screen, you’ll be able to cover all areas of your business when it comes to monitoring them for security and/or progress purposes.

Thinking about using our services for your inventory management? Perhaps, you want to particularly avail our point-of-sale system services? Then, click here to learn more about us!

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