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Implementation of POS Software System in Business - Case Study

   

Added on  2020-05-28

11 Pages2205 Words117 Views
Running head: BUSINESS ITBusiness ITName of studentName of UniversityAuthor’s Name

1BUSINESS ITTable of ContentsAbstract................................................................................................................................2Introduction..........................................................................................................................31. POS system advantages and disadvantages.....................................................................32. Competitive advantages...................................................................................................43. Centralized Database.......................................................................................................54. Decision Making..............................................................................................................55. Telecommunication option..............................................................................................66. Types of POS system Risks.............................................................................................7Conclusion...........................................................................................................................8Recommendations................................................................................................................8Bibliography........................................................................................................................9

2BUSINESS ITAbstractThe report was about the case study done in the information technology for the small andmedium size businesses. It has described the implementation of POS software system in thebusiness. The report has covered the advantages and disadvantage and the competitiveadvantages of the POS system. The effective use of the POS system has also been provided witha feasible reason of why the manually tracked information is not effective. The report hasrecommended some of the telecommunication options. Finally, it has information about the typeof risk in the POS system and ways to protect them for the business.

3BUSINESS ITIntroductionThe case study done in the report is about the information technology that is blooming inthe small and medium size businesses. It describes the implementation of POS software systemin the business. In web-based POS, installation is zero percent necessary for the end user becausethe third-party hosts it and the data can be stored from anywhere. The report has covers theadvantages and disadvantage of the POS system. With the use of POS system, the owner cantrack all the transaction of the sale that is useful for the business data during the sales itself. Thereport also mention about the effective use of the POS system and provided a feasible reason ofwhy the manually tracked information are not effective. The report has recommended some ofthe telecommunication options. Finally, it has information about the type of risk in the POSsystem and ways to protect them for the business.1. POS system advantages and disadvantages:Advantages of new POS system are:Web-based POS installation: POS system is cheaper, faster and easy to install. Itreduces the need of paper information for entering the data by generating reports accurately withproper updates of records on the hourly, weekly and monthly basis to know how the business isdoing (Dobrev and Hart 2015).Time saving and quick transaction: POS system for barcode scanner makes thetransaction quick and save time. It helps in managing and tracking the real time inventory thatenables the user to see how many items are there in the stock and order as per their requirement(Provos et al. 2014). .

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