Point of Sale System in SME - Report

Added on - 28 May 2020

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Running head:POINT OF SALE SYSTEM IN SMEPoint of Sale System in SME: A Case Study ofFour Seasons Greenhouse and NurseryName of the StudentName of the University
POINT OF SALE SYSTEM IN SME1Executive SummaryThe report reflects that the point of sale system in Four Seasons Greenhouse and Nursery hasbring a new approach for the organization to carryout business. The organization is located inColorado. It needed to have an IT framework that can support the business and provide the wayof achieving competitive advantage. The organization has been operating business under thegovernance of POS system perfectly. There are many recommendation for Four SeasonsGreenhouse and Nursery to leverage its consumers to have a good relationship. The aid indecisional making is always a great support by the system toward business.
POINT OF SALE SYSTEM IN SME2Table of Contents1. Introduction:................................................................................................................................32. Advantages and Disadvantages of the New POS System:..........................................................33. Gaining Competitive Advantage through POS System...............................................................44. Advantage of Centralized Database:...........................................................................................45. POS System Facilitate Decision Making:....................................................................................56. Recommend Telecommunication Options:.................................................................................67. Risks That POS System Brings:..................................................................................................78. Conclusion:..................................................................................................................................79. Recommendations:......................................................................................................................7References:......................................................................................................................................9
POINT OF SALE SYSTEM IN SME31. Introduction:The point of sale system refers to the technology where the consumers carryout thepayment regarding the products or services they buy from an organization. It is considered as thecollaboration of hardware and software for allowing the vendors for taking transactions andmaking the everyday business operations easy (Smith 2014). Small and medium organizationsare making progress in implementing information system within their environment. The POSsystem is capable of streamlining business process of SME so they can achieve more than justhaving flexibility regarding processing daily transaction.The report is consisted of various consequences of implementing POS system in the FourSeasons Greenhouse and Nursery. The organization is situated in the Colorado. The organizationused to have manual processes to manage their business. The report describes advantages anddisadvantages of POS system, POS system in gaining competitive advantage, advantage ofhaving centralized database.2. Advantages and Disadvantages of the New POS System:The biggest advantage of the point of sale system is that business owners of Four SeasonsGreenhouse and Nursery are able to monitor the transactions related to sales in real time and thishappens in automated way. The system has enable the organization to eliminate the need ofmanual procedure in the core sales transactions (Rodríguez 2017). Operating and managing thebusiness has become easy for Four Seasons Greenhouse and Nursery owners can get crucialinformation by inputting, monitoring and sharing data. Decision making is a significant part ofthe business that assist in elaborating the business if properly observed and processed. As thepoint of sale system in Four Seasons Greenhouse and Nursery stores accurate data, decision
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