Running a pharmacy can be difficult, the wide variety of work that needs to be done to maintain the business. Taking steps to reduce the amount of work that your pharmacy needs can help you to save money and streamline your business. Investing in a digital POS system can help your business thrive. How exactly can a POS help your pharmacy in the Philippines? Let’s take a look.
Products, Pricing, and Services Management
Maintaining inventory and pricing can be quite difficult when you run a business. With a digital POS system you are able to not only ring everyone out but maintain an inventory, a list of products you stock, and services you offer. Everything present in the system can be viewed, edited, and rung up. Wondering if you have something in stock? You can simply hop on the POS system and check the stock that you have.
Running out of medications can have a big impact not only on your sales but on your customers too. A pharmacy needs to have the medications your customers need in stock. One of the many powers of having a digital POS system is that you can track your inventory like we mentioned but even get alerts when stock is low. When the stock is low the POS system can automatically send out orders too. All of this allows for you to streamline your ordering and shipping.
Customer Loyalty Programs
Pharmacies need to move into the digital age and take steps to retain customers. Some companies and websites allow you to order your prescriptions to your door. One way that you can help to retain customers is to start a customer loyalty program. A good POS system will have the ability to create a customer loyalty program right from the system. With a built-in customer loyalty program, you don’t have to manage two programs and everything is synced to the other aspects of your system.
Employee Management
Any company that has employees needs to have a way to manage all of their staff. Many companies will implement a program that just does their timekeeping or use a calendar in the office. Digital POS systems have built-in employee management features such as timecards, individual POS accounts, payment records, and tax information. This also allows you to track the sales and statistics of each employee. All of this is accessible within one system, preventing you from needing to invest in another system.
Accounting and Accountability
Pharmacies have to conduct a wide variety of accounting steps to ensure that they are making a profit, what is being sold, and to balance the books. A digital POS system gives you the ability to run any number of accounting reports right in the system. All transactions, inventory, and all of that can be printed from within the system. There is no need to run a paper book, run multiple programs, or to go over the receipts at the end of the day.
In addition to the accounting part of these reports, report generation helps to improve accountability in a pharmacy. You can print out inventory reports and sales reports and go through all of the stock to verify nothing is missing. This can also help out when you need to investigate missing products, missing cash in the drawer, and other information that might need to be gathered to help determine theft, missing product, etc.
With the help of a digital POS system, your pharmacy in the Philippines will be able to work much smoother. Additionally, you will be able to gather new customers and retain the ones you have, increasing your profits. There is a wide variety of POS systems out there for you to choose from, with that in mind you need to choose the one that is right for you. Spend time researching the options that are available to you and possibly even view a demo of one of the systems.
