POS Software in Bangladesh

What is POS Software

Basic Function of POS Software

Most Use case of POS Software

Price of POS Software

POS software, or Point of Sale software, is a type of software that is used to facilitate and manage sales transactions at the point of purchase in retail stores or other business organizations. It is a crucial component of the overall point-of-sale system, which includes hardware like cash registers, barcode scanners, receipt printers, and other peripherals.

The basic functions of POS software:

Now I am sharing basic functions of POS Software.

 1. Transaction Processing: Transaction processing is common feature of every POS software. There are also included scanning barcodes, entering product information, and calculating the total amount due.

 2. Inventory Management:  Many POS software have inventory tracking features, helping businesses keep track of their stock levels, manage reordering, and reduce the likelihood of running out of popular items.

 3. Sales Reporting and Analytics: Sales is heart of business. POS software often provides businesses with sales reports and analytics, offering insights into sales trends, popular products, and overall business performance.

 4. Employee Management: Employee is one of the important part of business. Some POS systems include features for managing employee roles, tracking sales by employee, and monitoring attendance.

 5. Customer Relationship Management (CRM): A good POS software includes CRM functionalities to help businesses track customer purchases, preferences, and contact information, enabling personalized marketing and customer service.

 6. Integration with Payment Processing: In present, customer pay within several method like cash, card, mobile financial services etc.  POS systems are often integrated with payment processing systems, allowing businesses to accept various payment methods such as credit cards, debit cards, and mobile payments.

 7. Receipt Printing: Many customer wants receipt against purchases. A good POS software generates and prints customer receipts, providing a record of the transaction and serving as proof of purchase.

8. Security Features: To ensure the integrity of transactions and protect sensitive customer information, POS software often includes security features like user authentication and data encryption.

9. Customization: Many businesses have own sales process. They need customized POS software customized with additional features or integrated with other business management systems.

 Type of POS Software

 There are various types of POS (Point of Sale) software available, catering to different industries and business needs. Here are some common types of POS software:

1. Retail POS Software: Retail POS Software is designed for traditional retail stores. This type of POS software helps manage sales transactions, track inventory, and generate reports. It often includes features such as barcode scanning, inventory management, and customer relationship management.

 2. Restaurant POS Software: Restaurant POS Software is tailored for the restaurant industry, this software includes features like menu management, order processing, table management, and integration with kitchen display systems. It may also handle modifiers and special requests. 

3. Hospitality POS Software: This type of software is broader than restaurant POS and is suitable for hotels, resorts, and other hospitality businesses. It may include features for managing room reservations, check-ins, and other aspects of guest services. 

4. Mobile POS (mPOS) Software: Designed for use on mobile devices such as tablets and smartphones. It's particularly useful for businesses with mobile or pop-up setups. Mobile POS systems often offer flexibility and can be used on the go. 

5. E-commerce POS Software: For businesses that operate both online and offline, this type of POS software integrates with e-commerce platforms, helping to synchronize inventory, process online orders, and manage customer information across channels. 

6. Salon and Spa POS Software: Catering to the beauty and wellness industry, this software often includes features for appointment scheduling, customer profiles, and product sales related to the salon or spa business.  

7. Grocery Store POS Software: This type of software designed specifically for grocery stores, this software includes features for managing a large number of products, handling bulk items, and managing perishable goods with expiration dates.

 8. Loyalty Program POS Software:  Some POS systems come with built-in loyalty program features, allowing businesses to reward customers for repeat purchases and encourage customer retention. 

9. Cloud-Based POS Software: Increasingly popular, cloud-based POS systems store data in the cloud, providing accessibility from anywhere with an internet connection. This type of software is often scalable and requires less upfront hardware investment.

 10. Open-Source POS Software: Some businesses opt for open-source POS solutions, allowing for more customization and flexibility. Users can modify the software to meet their specific needs, but it often requires more technical expertise to implement and maintain.

Price of POS Software

 The cost of POS (Point of Sale) software can vary widely based on factors such as the type of business, features required, scalability, and the pricing model adopted by the software provider. Here are some general considerations regarding the pricing of POS software:  

1. Subscription-based Pricing: Many POS software providers use a subscription-based pricing model. Businesses pay a recurring fee, typically on a monthly or annual basis, to access the software and receive updates and support. The subscription cost can vary based on the number of users, features, and the size of the business. 

2. One-time License Fee: Some POS systems may have a one-time upfront license fee, allowing businesses to use the software indefinitely. However, this model is becoming less common, especially with the rise of cloud-based and subscription-based solutions.  

3. Transaction Fees: In some cases, Some POS software providers may charge a small fee for each transaction processed through the system. This is more common in systems that integrate with payment processing services.  

4. Hardware Costs: In addition to software fees, businesses may need to invest in compatible hardware such as terminals, barcode scanners, receipt printers, and cash drawers. Some POS providers offer bundled packages that include both software and hardware.

 5. Additional Features: Some POS providers offer tiered pricing with different plans featuring various levels of functionality. Higher-tier plans often include advanced features like inventory management, employee management, and analytics. 

6. Customization and Integration Costs: Businesses that require extensive customization or integration with other software systems may incur additional costs. Customization fees are common for businesses with unique workflows or specific requirements.  

7. Training and Support: Training and support services may be included in the subscription fee or offered as an additional service. Some POS providers offer on-site training, while others provide online resources and documentation. It helps to understand this POS software.

World leading POS Software company, Bangla Puzzle Limited offers POS software. Their price starts from 5,000 BDT (50 USD). There are included Setup, training, one year hosting and maintenance fee.

Contact address:

Bangla Puzzle Limited

House: 13/3, Road: 2,

Shyamoli, Dhaka- 1207

bp@banglapuzzle.com

+8801880811048 (whatsapp)