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Point of sale systems are essential for retail businesses from a certain size onwards.
Point Of Sale Systems
Inventory management and point of sale systems go hand in hand, but the focus is different.
The systems we will discuss in this episode start with point of sale (POS) and then added inventory management (IM). The systems we discussed in the last episode started with IM and then added POS.
Sounds like a minor difference but actually makes a big difference as Tony Harcourt of Rype in Sydney will tell you in this episode. Here is what we learned but please listen in as Tony explains all this much better than we ever could.
To listen while you drive, walk or work, just access the episode through a free podcast app on your mobile phone.
Point Of Sale Systems
Choosing a POS system starts with looking at your processes. Which processes are non-negotiable? And what processes can be adjusted to fit an inventory management and/ or point of sale system? Your software choice needs to accomodate your non-negotiable processes.
Three Pillars
Given everything we discuss in this episode, software is actually just one of three pillars.
1 – Technology – choose the right software
2 – Process – streamline and adapt.
3 – People – change management.
You need all three pillars. The best software won’t work without the right processes and right people. However, implementing these three, getting the people right is by far the hardest. Change management requires a lot of focus and discipline.
And often it is not the software but us. We just need to change how we use the software.
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We only dotted some very brief points here. Please listen to the episode since Tony goes into a lot more detail.
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From PI over FYI and Suite to KarbonHQ
Disclaimer: Tax Talks does not provide financial or tax advice. All information on Tax Talks is of a general nature only and might no longer be up to date or correct. You should seek professional accredited tax and financial advice when considering whether the information is suitable to your or your client’s circumstances.
Last Updated on 20 June 2022
Tax Talks spoke to Tony Harcourt - CEO at Rype Group - for more details.
