The changes that Retailers need to look out for in the POS systems of 2018!

Many regards this era as the golden age of technology, and almost everything can be done online. This has had a huge impact on every aspect of life and POS systems are no exception to this. The traditional POS systems have become a thing of the past, and they are shifting towards more advanced-capabilities that give the merchants greater flexibility, control and business insight than ever before.

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Let’s take a look at the main changes that POS Software features have gone through in recent times:  [click to continue reading…]

Inventory Valuation and Cost of Goods Sold (COGS) Logic revamped

Ginesys retail ERP has completely reworked the process of calculating cost of goods sold and valuing stock on hand. This will have a direct impact on all customers of Ginesys as it is an intrinsic part of the business reporting.

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In this update, Ginesys retail software has linked COGS update process with Monthly Inventory Closure concept. We have also introduced the concept of Provisional and Final COGS, which will give users the flexibility for backdated transactions. [click to continue reading…]

Need your POS to work with Card Machines or other payments? Here are some tips that can help you make a decision.

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Many Retailers are on the fence about whether to update their payment systems, especially smaller businesses have been reluctant to comply mainly due to the number of resources required to change their current point-of-sales system. Read more about the Tips.

The art of setting up the perfect retail store

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Setting up a retail store is an exciting proposition for businesses, be it your first store or your hundredth store At the same time, it is important for retailers to ensure that they have done everything from their end to ensure that the Retail store manages to look appealing to the consumers… Read More