How to use a POS system to help your business

As a small business owner, you face all kinds of challenges. There are the regular struggles of day-to-day work, but then you also now must factor inflation and the pandemic which have changed consumer behavior and caused supply chain disruptions.

That’s already not a sunny scenario. But then you take into account that, “Half of small business owners say they are working more hours now than they were a year ago. Five years ago, 30% said they were already working more hours. This equates to a 20-percentage point increase in the share of small business owners that report working more hours,” according to the U.S. Chamber of Commerce.

Growing and scaling your business are important priorities. You started your business to be able to share it with as many people as possible. That’s the dream! Running a business can be tough, but there are ways to make things easier and more efficient. Investing in the right payment technology for your business can automate many of the things you would rather not worry about as well as increase efficiency so you can get hours back in your day to enjoy the fruits of your labor.

Benefits of technology in business

The beauty of technology is that there are so many options out there to make running a business easier. And it doesn’t matter if you run a clinic, a clothing store or a bakery, there are technology solutions out there for all industries that will help you get back to the parts of your business that you love.

This is where Elavon can help your business with the right technology, tailored to your specific type of business. Our talech point-of-sale system (POS system) is a cloud-based, turnkey business management and payment solution that can keep track of tasks so you can scale your business with ease.

How a POS system can help your business

talech Retail

A retail POS system designed for the way retail runs, talech Retail is equipped to make your business more efficient.

• Manage incoming and outgoing inventory and identify top-selling products
• Create customer records to track visits and spend
• Manage sales, hours, and employee permissions
• Simplified returns, refunds, and exchanges

talech Restaurant

A POS system for restaurants to simplify the ever-changing task of running your restaurant with the help of talech Restaurants.

• Manage tables and split checks easily
• Easy menu management and customization
• Setup a floor plan and assign servers
• Manage employee payments and tips

talech Service

A POS system made to streamline your service industry business beyond payments and tips with talech Service.

• Track customer activity and schedule appointments and staffing
• View appointment history and track sales
• Create menu of services and products
• Broaden revenue streams through integrated product and gift card sales
• Accept online bookings

Technology is a smart investment for any business owner, but make sure you’re looking at the right products to benefit your business’s specific needs.