Reasons You Will Lose Money Without A Full-blown Retail Pos System

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If you don’t have a full-blown POS system for your retail business, you are losing money — guaranteed!

The following are 10 reasons why,

1.Time is money.

As you sit at your desk, head in your hands trying to reconcile your balance sheet, the store next door, the one with the full-blown POS system has accomplished the same task in less than 5 minutes.

Most POS systems automate a wide variety of functions that normally take retailers tons of time to accomplish. Tasks like inventory and sales reports, end of the day balancing, purchase orders, and more. A full-blown retail POS system will automate all of those functions making hours of work take virtually seconds. As long as it takes you to push a few buttons. This saved time means hours on the clock, hours that you’re paying employees, hours that could be spent making sales.

2.Inventory shrinkage.

Stores without a POS system are more susceptible to employee theft; nearly 50% of retail shrinkage comes from employee theft.
POS software can help to significantly reduce or eliminate incidents. With instant access to “voided/cancelled/deleted sales reports,” “returned transactions” reports, and “inventory adjustments reports” you can easily tell when something fishy is going on. Additionally, with many POS systems you can password protect any area that you do not want employees to have access to.

3.Poor customer service means lost money.

Customer loyalty is fleeting, especially if you don’t give them anything to remember you by.

Your business and your customers can significantly benefit from a POS system. The most basic customer service benefit is the amount of time that is reduced at the checkout counter. But imagine being able to call up your customer’s profile based on your caller ID or being able to instantly check the status of a layaway or special order.

Additionally, digital copies of your receipts allow you to modify your return policy and take returns from customers without receipts.

4.Missed upselling opportunities and decreased sales.

Do you know what your customers are buying? It’s impossible to remember everything but your customer remembers and if you had a POS system, you would too.

POS systems enable sales associates to access information about customer’s previous purchases so that they may assist them better or provide them with information for upselling opportunities at the point of sale.

This excellent customer service means that you’ll increase your sales too. If for example a customer enters the store looking for an item that is out of stock, a quick check of your inventory on your POS system will show you what complimentary products are available.

5.Missed client marketing opportunities.

Do you have a customer loyalty program?

Did you know that many POS software systems offer client management and marketing features? These features enable retailers to send targeted letters, emails, and direct mailers to their customers based on demographics and past purchases.

Many POS software packages can easily produce a list of your top customers in minutes. Imagine being able to personally invite your top customers to a sale or offer them a discount for being such good customers. Some retailers use their systems to send thank you notes to customers after they’ve made a large purchase or letters to customers that haven’t made a purchase in a long time.

6.Ineffective check verification systems mean lost time and money.

The benefit to having your check verification system tied directly into a POS system is that the transactions, information, and all necessary tracking of the accounts are done automatically, thus eliminating the many steps of paperwork that would still be required if you operated a check verification system independent of a POS software system.

Steamlined systems mean that your time is spent making sales instead of handling paperwork. Each point of sale transaction is speedy and all information is available from one location — your POS terminal. Additionally, you’re adding the extra security that your customers deserve by having your transactions, check verification included, run through a secure point of sale software system.

7.Pricing mistakes and missed profit margins

Do you know what products are selling and at what price they sell the best?

POS software enables you as a retailer to easily determine which products are your fastest sellers and at what price point. This makes it easier to find that ‘ magic price point that allows you to maximize profits. Additionally, regardless of the size of your inventory, prices can be updated in a matter of minutes.

Additionally, pricing mistakes are virtually eliminated because you don’t have to rely on your employees to calculate the price of items. The computer has already done this, and your sales tax, and any discounts that may be applied.

8.Unhappy relationships with suppliers

Many retailers fail to ask for discounts because they don’t feel like they have the leverage of the big boys. In many cases, that’s simply not true. And if you have the facts and information to justify your request it’ll make your pitch all the more convincing.

If you utilize your POS inventory system to track markdowns and clearances, you can print a report that shows your supplier that your profit margin on their products is 6% lower than your profit margin from competing products. That should get their attention! Take advantage of that information and use it to negotiate better prices for future orders.

9.Website shopping carts?

If you currently sell your products online or ever plan to, then an integrated shopping cart POS software solution can save you a huge amount of time by automatically creating orders and new customers for you. An integrated shopping cart – POS software solution can also reduce errors because human data entry is always prone to more mistakes. These mistakes can make frustrate customers, eat valuable time, and mess-up your inventory. An integrated shopping cart – POS software solution can save you loads of time by synchronizing the inventory information and pricing in your POS software with your website.

Imagine for a moment that you want to start selling a brand new product line on your website. How long would it take you to manually add all those new products added to your website? With the right technology, all you have to do is check a box in your POS system and that inventory will be uploaded to your website. Your POS system will send product numbers, descriptions, images, pricing and other various inventory information to your website.

10.Inaccurate inventories and tedious ordering processes.

Ordering too much or too little of a product can create huge problems for retailers. POS software inventory control features enable you to keep your inventories streamlined by automating the ordering process. As soon as a product reaches a designated level, a purchase order can be automatically generated and sent to your distributor. Imagine the time you’ll save with that feature!

Some important things related to document scanning software

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If you are still maintaining cabinets and boxes in your office to keep important documents then certainly you are spending more money on storage facilities than actually required. Apart from money it will also extract the valuable time of your staff in organizing paper documents. You should find out clever ways to make your company more efficient and utilize innovative techniques like document scanning software to make your company paperless. Although this technology was introduced nearly a decade ago, its popularity has grown by leaps and bounds in the recent years. Now even small businesses can upgrade their document processing tasks by hiring scanning services at a resonable rate.

This software will be helpful to any business that deals with a lot of paperwork since it easily converts hard copy into soft copy. The hard copies of documents are vulnerable to many dangerous elements, whereas the digital soft copies do not take much space in your server and can be secured with password protection for years. It is important to weigh the benefits of installing document scanning software before actually investing money into it. The company processing large number of documents will benefit the most as they would end up saving a great deal of money. Both small and large scale organizations will reap huge benefits by getting their documents scanned. Small scale organizations, though have very less volume of paper work, can take the help of this software to increase their productivity. On the other hand, large organizations have to deal with several thousand documents and hence they will get the maximum benefit. They will no longer need to rent commercial space, buy lots of paper and hire employees to supervise the files manually. Over a period of time you will realize that the benefit of installing scanning software will definitely outweigh the costs. Always keep in mind that any software meant for office use must be convenient and easy to use. Before making the purchase you should analyze the product properly. Make sure that it will be simple for your staff to operate all the functions.

When selecting document scanning software for your company, it is essential to ensure that people of employee of every age group is able to handle it. An organization will have different employees ranging from 25 years to 55 years of age. Unless all the employees are competent enough to use it, the purpose will not be served. Preferably, software must be so user-friendly so that anybody can operate it. Before taking the final decision, it is better if you undertake a test run. It will give you an idea about the type of knowledge required to manage the software. If your desired software needs constant, expensive upgradation then it will not be worth of your investment. Instead you can hire an outsourcing company to undertake your scanning requirements. Good software will offer long-term solutions that are ahead of its time.

Laptops Review-ASUS Vivo Book F202 touchscreen laptop

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We’re not going to dwell too much on the ASUS Vivo Book F202 laptop. It’s a cheap 11.6in model that’s aimed at students and anyone else who wants a small, touchscreen-enabled laptop for under $500. The design of the notebook is strong considering the price – in fact, it looks a little like a baby Zenbook – and it’s a small and easily mobile device that you can chuck in a backpack. But there is no escaping the fact that it doesn’t have a fast processor and compact Asus Keyboard .

The Vivo Book F202 is based on an Intel Celeron CPU, which supplies performance that’s about twice as fast as some of the last netbooks we reviewed almost two years ago (some of which were based on the AMD C-50 APU, for example). You won’t want to use this laptop to perform media encoding tasks or anything else that will tax the CPU, and multitasking will have to be undertaken in moderation as well if you don’t want to notice too much of a slowdown in performance.

Basically, the Vivo Book F202 is a good machine for browsing the Web, using social media, typing up documents, listening to music, viewing photos and watching videos. The screen has 10-input capacitive touch that you can use to move around the Windows 8 Start screen, but the hardware is a conventional clamshell – and at 1.4kg, it’s a little bit on the heavy side for its 11.6in size, but it ships with a small and relatively light adapter, which offsets that somewhat.

You can’t really use this model as a tablet – it’s just a regulation laptop with a touchscreen. The most you can do is tap on the screen every now and then to select something, move the cursor or hit a Live Tile and, of course, play touch-based games. We’ve slowly gotten used to doing just that on these new touch-enabled laptops, to the point where we now use our fingers to place the cursor at a particular place within a document we’re editing, in addition to using touch gestures for the Windows 8 Start screen and other features and Compatible Parts . The screen does rock back and forth when it’s touched though, and coupled with reflections off the glossy finish, this can be very annoying. It works best when you hold the screen with one hand while using the other hand to perform the touch action.

You’ll still want to use the keyboard and touchpad for the majority of your navigation, and the keyboard isn’t too bad as far as cheap laptops are concerned like the Samsung 300V Series 300V5A Keyboard . The keys feel solid to hit and they are responsive. Typing on the Vivo Book didn’t feel like a chore, but we did have to get used to the relatively cramped nature of the keyboard on the 11.6in form factor. The touchpad is large (105x61mm) and it supports Windows 8 gestures for accessing Charms, flicking through apps and bringing up context menus. However, its software is very limited; you can’t adjust aspects of the two-finger scrolling function, such as speed and coasting, and we couldn’t get three-finger flicks to work at all.

The 11.6in screen has a native resolution of 1366768, and it’s a panel with narrow viewing angles, which is standard for this segment of the laptop market. You’ll have to adjust the tilt regularly in order to fix brightness and contrast issues in photos, and even in Google search results as, in some cases, it can be hard to see the shaded background behind sponsored results verses organic results.

How To Set Up Foscam Ip Camera Wirelessly

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One of the Frequently asked questions that comes up on SuntekStore”s message board is, “How do I set up my Foscam camera?” If you are still not familiar with it, please follow the steps below to set up wirelessly.

Firtly, you need prepare these materials. Foscam IP camera, DC power supply, wireless router, Ethernet network cable, cable/DSL modern with live internet connection, IP camera tools software and your computer.

Secondly, connect the IP camera”s Ethernet port to your computer with the Ethernet network cable. You should pore over your owner”s manuals to find the exact locations of the ports. Generally, the green LED will go on and the camera will start to rotate around and the come to a rest.

Thirdly, install and run the IP camera tools software on computer. You can find this software CD from SuntekStore package. After you install this tool, click the main menu of it. That will be wonderful if the camera appears in the IP camera tools window and has an IP address assigned to it. Or the screen will appear that anonymous subnet doesn”t match. Don”t worry about that. You should follow the prompt and double click on the sentence. It will turn to the process “Obtain IP from DHCP server”; click “Ok” is good. Then turn off the IP camera tool program, reopen it and the camera would appear.

Fourthly, if you have followed along correctly and the camera is functioning properly, the camera should show up under the “Wired Devices” list. Open the camera in IP tools or copy the address “http://192″” into any browsers. This page will come out.

Fill out the username and password and click the login button.

Check the first setting under the “Device Management” and the “Basic Network Settings” tabs. Make sure that the “Obtain IP from DHCP Server” is applicable to you. Generally, what this does is the camera would be assigned an IP address such as 192.168. xx from the router. Check this box if you are a home user. Hit the “Submit” button after you checked the “Network Lamp”. The “Http Port” box would works when you are trying to view the camera from the internet if you want or leave it blank.

What”s more, click “”Device Management” and “Wireless LAN Settings”. Make sure that the wireless is enabled on your router and the SSID is not hidden.

Now, check the “Using Wireless LAN” before you hit the submit button. Don”t forget to go back to your router”s “Attached Devices” menu and refresh the list to see if the camera has worked. If you follow these steps, you will successfully connect the camera to your wireless network.

www.SuntekStore.com offers high quality foscam IP camera at discount price. If you have further questions about how to use the foscam IP camera. Please contact us!

The Purpose Of Antivirus Software

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Anti-virus software is software that you install on your computer so that you can be alerted when you have a virus. Anti-virus software will help to keep your computer safe against worms, viruses, Trojan horses, and other uninvited programs.

The software can also help you clean your computer if you should happen to have a virus. The important thing to remember about anti-virus software is that you make sure to update it often so that you get the latest computer virus definitions installed into the software program. There is no point in having the anti-virus software if youre not going to update it. Youll be able to get updates from the vendor that sold you the anti-virus software, such as Norton.

Many times you may already have anti-virus software on your computer in which case you be sure to uninstall it before installing your new software. To find out if you have virus software check under your Start menu to see if you one listed, such as McAfee or Norton. Keep in mind that just because you have anti-virus software already installed on your computer that it (1) might not be working, and (2) hasnt been updated for a long time.

Once youve installed anti-virus software on your computer youre going to want to make sure that you use it correctly. Make sure that the settings in your computer automatically turn the anti-virus software on when you boot up your computer. You always want to be protected. If youre downloading something off the Internet your anti-virus software will let you know if there is a problem.

You can also use the anti-virus software to specifically scan any downloads, or files, that that have been sent to you via e-mail. If you are alerted that you have a virus your software will guide you with the right steps to removing it. Make sure that you dont continue to use your computer until the virus, or worm that you have, is removed. You dont want to send e-mail to friends and help in the spreading of the virus.