Northern Leasing History
In
our technologically advanced society, usage of point of sale software is common
says Northern Leasing. The location where the transaction occurs is referred to
as the point of sale (POS) or a checkout. The term checkout refers to a POS
terminal or the point of sale software used for checkouts to register; the
equivalent of an electronic cash register.
With
the technology developing post 1990s, the POS applications have been a staple
in the retail environment. The availability of this flexible point of sale
software instantly started to win the hearts of the users and gained
acceptability. After 2000, the web based point of sale software started
capturing the market. The unique feature of this web based software was that it
could be run on any computer having an internet connection and was also
supported by a browser.
The last decade has witnessed a drastic change
in the retail industry across the globe. With the extensive usage of plastic
cards, completing transactions with the help of Northern Leasing has become
easier.
Before POS, most business had to
manually perform transactions. Later on, it was discovered that POS equipment was
vital to running and growing a business; it does things with high accuracy and
without repetitive work and it has the ability and efficiency to perform the work
of many people who handle different sections of the business.
Today many businesses, including restaurants,
hotels, and retail shops make use of this software with the help of Northern
Leasing. A point of sale system can improve customer satisfaction by increasing
the speed of checkout process and allowing customers to pay with credit cards
instead of cash. POS is capable of maintaining each and every transaction
without doing any paper work therefore reducing burden and improving
efficiency. Discounts, coupons, and promotions are very important for
attracting and retaining business. POS systems help in managing and regulating
temporary discounting process automatically.