ABSTRACT
The global community especially the technologically advanced world is striving to attain what has been the global information age. It is an age that is envisaged to go beyond the use of computers as a mere tool for fast information processing, rather they will also become medium for processing and transferring such information from one location to another at equal fast rate. As a result, its appalling that sales in developing country like Nigeria have not been able to benefit much from this revolutionized age of Information technology especially in the area of a computerized Point of Sales. A computerized point of sale system is a computer program which takes the best out of a manual system and electronic cash registers features. An electronic point of sale gives you the ability to store client and supplier records, create quotations which can be later converted to invoices or cash sales, keep track and categorize your inventory in an easy way and generate reports at the click of a button! With today’s high performance computers and large storage devices one can easily run his/her business on an office computer (depending on the size of the business).
CHAPTER ONE
1.0 INTRODUCTION
1.1 BACKGROUND OF STUDY
One of the great recent advances in the world of information technology is the rapid development of communication which has brought world into a global village, 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), this has effected the society positive to a great extent, as result computerization of sales should not be exempt.
Application of 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.
Switching from a traditional cash register to a computerized POS system can be difficult – there are many factors to consider and some pitfalls to avoid. However the return on investment and benefits to your business can really make it worth your time and effort.
In the most basic sense, a POS system is a glorified cash register. The most basic POS system consists of a computer, a cash drawer, receipt printer, a monitor, and an input device such as a keyboard or scanner. However, in addition to being more efficient than cash registers, POS systems can create detailed reports that can help you make more informed business decisions.
POS systems saves money, provide productivity gains, and can cut down the amount of time you spend away from the primary focus of your business. This POS System Buyer’s Guide will walk you through the process of evaluating multiple POS vendors and choosing the right system.
