POS System Vs Cash Register for Salons

Bookkeeping is an important part of running a salon as there are many aspects such as CRM, service packages, sales transactions and inventory to manage.

While a POS system will help make management easier, some salons still run on cash registers.

Cash registers 

In Singapore, you are able to get a cash register for $300 - $500. Hence, this may seem like a good option to salon business owners who want to keep start up costs low.

Apart from its low price and handling sales transactions, there is not much more that a cash register can offer in terms of helping you simplify your salon management.

POS systems

POS systems on the other hand, are modern solutions that helps your salon centralize its operations through functions such as:

• Comprehensive reports
• Inventory management
• Customer management
• Service package management
• Cloud capability

Comprehensive reports

On top of X and Z reports provided by a cash register, a POS system can generate a wide range of reports that covers almost every aspect of your business. From sales reports, profit and loss, inventory reports, customer reports, staff management reports and many more.

This will help you gather insightful data for more informed business decisions for your salon.

Inventory management

It is common for salons to carry products for sales to customers. While product variations and volumes may not be comparable to a retail business like minimarts, having a POS system can simplify your inventory management.

Generate low stock reports, receive low stock item warnings, handle mass stock in and outs and generate a variance report during stock take can all be handled by a POS system.

Customer management

Customer retention is of paramount importance for salons in order to be sustainable. A POS system like MEGAPOS helps you manage your member’s data and allows you to categorize them into tiers with different membership entitlements.

On top of that, you are able to preset automated promotions that will automatically apply to members only and run a loyalty points collection and redemption campaign.

Service package management

Often, to keep customers coming back, salons offer a wide range of service packages for their customers. For example, buying a package that allows customers to redeem 10 sessions of a specific service.

While it is an effective method of customer retention and boosting revenue, service packages are tedious to manage especially without a POS system.

With a POS system, customer service packages will be automatically updated when a customer comes to redeem a session, making service package management automated and less prone to human errors.

Cloud capability

Most POS systems nowadays are cloud-based. This means that you are able to manage your salon’s POS system and analyze reports remotely through an online portal from anywhere.

This is especially useful for salon owners who are not always able to be at their shop or for those with multiple outlets as the cloud-based backend allows you to manage your outlets from your fingertips.

Getting a salon POS system

Interested to get a salon POS system? Speak to our solution consultant by clicking here.