POS Projects
POS Projects
INTRODUCTION
The world has turned into a global village, where we can send mails electronically (e-
mail), search for information (WWW), buy goods online (e-commerce), withdraw transfer money
(e-banking), schooling online (e-learning), all of which have affected the society positively to a
technology in Sales has been adopted in developed countries for over two decades now, and this
has been attributed to the desire of the governments of these countries to improve the efficiency
of their goods and services, processes, accountability. Errors in recording, the calculation is less
precise, speed in service is often constrained in the Micro, Small and Medium Enterprises
(SMEs), particularly in trade or sale. There are some factors to consider and some problems to
avoid when switching from traditional cash register to a computerized POS system. POS systems
can create detailed reports that can help you make more informed business decisions and it is
more effective than cash register. POS systems saves money, provide productivity gains, and can
cut down the amount of time spent away from the primary focus of your business.
Sales is the fundamental tools in any business organization the profit and loss of any
business depends on detailed information on sales made to aid decision making and
implementations, if accountability is not checked, then the business is sure to collapse. A point of
sale inventory management system allows a business owner to have more than one business
location and adequately keep track of inventory at each without being present. No more worries
about employee theft or pricing inconsistency between one location and another. The boss can be
away and not worry about employee theft. Employee efficiency can be maintained. Point of sale
systems take care of those problems that result when management isn't present.
Ravi (2010) pointed out that manual sales systems are time consuming, it is very tedious,
lots of paper work, slow data processing, it is not user-friendly environment and it is difficult to
found records due file management system. In an early age when the most of the company are
still using the manual system in the sales and inventory most of the company encountered so many
problems and this is because of the process of the existing system is too slow and too long.
According to Morris (2010), manual inventory management system can help sales and
production managers control costs by identifying lost sales due to inventory shortages; inventory
overrides on products that are not selling; losses due to employee’s theft or damage. Implementing
an inventory management system can take a large amount of time depending on the size and
diversity of inventory. ERRORS! Beyond it being time consuming, inventory counts and incorrect
As much as sales is important in any business, proper and efficient record keeping is of utmost
importance. Lack of proper accountability could lead to business collapse. With the aid of a point
of sales inventory management system, a business owner with multiple outlets can keep track of
inventory without being at all or any of the business locations. Also, the business owner does not
need to worry about employees or customers stealing items from the company because a
computerized and online point of sales system has taken care of that.
It is worthy of note that a company can achieve all these and more in no time unlike the manual
sales system which is time consuming, requires a lot of paper work, slows data processing, very
The problem that this research discusses is the effect of an online computerized point of sales
computerized point of sales software with the aim of enhancing accountability within points of
sales System in order to have a single centralized database for all branches of the organization.
i. To explore the meaning of point of sales system and its benefits over manual inventory
method.
iii. To investigate the significance of a Cloud-based Computerized Point of Sales System and
This study will help in enhancing a business by creating detailed reports that can help make
more informed business decisions. Small and huge businesses or companies are enforcing
inventory management systems for their organizations due to the massive intake of data that
usually disrupts the flow of manual data recording of the business. Everyone knows how hard it is
to manage a business and without the help of an automated system, everything will be difficult to
manage and searching for a specific data might be extremely lethargic for the employee since
exploring the logbook could be excruciating to filter especially when the logs are filled with many
data. With an Inventory Management System, records will be accessed easily, data intakes will
have a safe storing area and everything will be one click away. One of the important part is the
Point of Sale (POS) where-in the user could easily store the sales data, export the sales data,
product a receipt for the customer and all these can be seen by the owner wherever he or she is.
This will provide a huge ease of access for the employees in the organization as well as the
employer. The old school process of data recording is usually done through writing in a logbook
and handing out written receipts which is terrible for the organization. However, businesses of
today are implementing their own Inventory Management System for the sake of their field, it is
mainly because they need to save their time and effort in terms of filtering the data that usually
takes a lot of time and effort when exploring the logbook. This system will secure and manage the
important data of the business, reduce the massive paper works required in reporting, secure the
system with a login portion, issue billing receipts for the clients, export all required data into excel
or pdf file. The benefits and impact of the Inventory Management System is developed for the
business to fully extend their capabilities as a whole. The group that will benefit the development
of the system are as follows. (1) Clients will benefit from the system with a quick transaction from
the employee together with their billing receipt. Every action or asking for stock will be done
quickly as the user could easily filter the data’s. (2) Employees will benefit from the system as
they will achieve the ease of use in the system. Thus, allowing them to spend lesser time in
exporting data for reports, making transaction with the consumers. (3) Organization will benefit
from the system as they will have a proper flow in their sales and management, have easy access