What is Point of Sale (POS)?

POS is a system allows the processing and recording of transactions between a company and their consumers, at the time in which goods and/or services are purchased. While adopting POS, you can simplify retail operations, gain tighter control over inventory and put the customer at the center before making every decision which is also the most important purpose.
At Multiable POS, selling prices are linked to the product code of an item when adding stock, so the cashier merely needs to scan the code to process a sale. If there is a price change, this can also be easily done through the inventory window. Multiable POS systems also provide the ability to implement various types of discounts, a loyalty scheme for customers, and more efficient stock control.

Why is POS important?

Multiable POS helps you drive ongoing loyalty and business growth in a well-organized but easy way. Its unique function can manage online store, sales, purchasing, accounting, warehouse, retail, production and logistics. You can check the stock or financial status online at any time. As O2O is the future development of the retail industry, combining online store and retail shop by POS is a necessary action to manage general businesses and handle day-to-day operations.

At the POS, the merchant calculates the amount owed by the customer, indicates that amount, prepare an invoice for the customer and indicates the options for the customer to make payment. To calculate the amount owed by a customer, the merchant may use various devices such as weighing scales, barcode scanners, and cash registers. It is also the point at which a customer makes a payment to the merchant in exchange for goods or after provision of a service. To make a payment, payment terminals, touch screens, and other hardware and software options are available. After receiving payment, the merchant may issue a receipt for the transaction. It means that POS is the time and place where a retail transaction completed.
Our POS system features electronic payment, customer self-service and mobile warehousing. It is easy-to-learn and easy-to-use with the user-friendly keystrokes and consistent format. It supports various input methods including mobile scanning, which means those expensive barcode scanners are no longer a must at POS. Multiable POS system can flexibly adapt to different retail businesses, from a single shop to hundreds of chain companies, also applicable.

Our needs are unique due to local taxation laws and culture. Can a standardized POS cater our needs?

Not only your business. Every business, no matter you are in Cambodia, Hong Kong, Vietnam or any other countries, owns her uniqueness. In the past, standardized POS systems did have the notorious pitfall of expensive customization fee and lengthy localization process. However, it is no more a problem for POS under M18 ERP.
Hong Kong, hosting one of the largest MNC headquarters community in the world, nurtures Multiable as an POS system vendor with global vision.
POS @M18 ERP is widely adopted in area like China, Hong Kong, Macau and Taiwan etc. Powered by its no-code approach, customers from every corner of the world find no pain in turning Multiable POS into a system fit for their unique business needs.

Is POS only for large enterprises?

No, POS is not only for large enterprises. Nowadays, all kinds of businesses including e-commerce are increasingly adopting POS systems. No matter what size your company is, with a POS just like hiring a multi-tasking employee to effectively solve the shortage of manpower problem. It helps companies reduce operating costs, increase competitiveness and increase turnover as all promotion performance can be checked and each transaction can be tracked by POS. At the same time, it helps you meet the requirements of General Data Protection Regulation(GDPR) of The EU.

We provide POS for SME and enterprise, which are widely adopted in Hong Kong, Singapore, Malaysia, China, Taiwan and other places,
Click to know more about Multiable POS or contact us for further information.