point of sale software

Point of Sale Software is software to operate a flexible and automated retail management system. In addition to integrating all the components of a Point of Sale system with a central computer terminal, Point of Sale software typically offers sophisticated organization capabilities. It provides for detailed financial reporting, enables inventory tracking in real-time, allows capture of all customer information for improved service, offers integrated credit card processing, which means you don't have to re-key accounting or credit card information, and permits flexible product pricing configuration with checks to prevent your staff from selling at lower than designated rates.

 
Related terms: point of sale, point of sale systems