Redundancy in a POS database is one of the greatest threats to information analysis. It generally arises when many different people in different locations are responsible for entering data into a system.
These issues are the major reason retailers should seriously consider switching to a cloud based POS. With a cloud-based retail POS, all information across stores is accessible via the internet in real time. Also, you never have to worry about data being outdated, because cloud systems are constantly and easily updated.
Real-time updating means that whatever information is entered in the system automatically updates the system. For example, you don’t have to worry about one store being a straggler in getting sales data to you. When they make a sale, it is time stamped and entered into the database instantly. You can actually track your sales in real time.
Eliminating delays is important for many reasons. For example, consider how useful it would be to track your sales data in real time during the holiday season. You may find out that you are running low on items that are in high demand. If you’re running out of cranberry sauce during Thanksgiving, you’ll know because the database for sales and inventory will be instantly updated to reflect this.
Having data entered automatically eliminates inconsistency. Inconsistency can destroy the worth of a database instantly. If some records are incomplete or some records lack the proper format, they are not accurate. Posterita updates in real time and includes all the vital information required for the database. This is a tremendously significant factor in the overall usefulness of Posterita as a POS.
Of course, you have the capability of comparing this data in many different ways through Posterita’s reporting capabilities. You can group stores together to track their performance or analyze stores individually. You can look for the performance of a particular product or see how a particular employee is doing. Aggregating all of this data into one database provides you with tremendous analytical capabilities that can give you an edge in the retail business by enabling you to make strategic decisions based on real, accurate, and up to date data.