Leading Providers of Pharmacy Point of Sale Systems, Pharmacy POS Systems, Pharmacy POS Hardware, Signature Logging, Signature Capture, Pharmacy Cash Register, Pharmacy Inventory Software
Epicor
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Retail Management Solutions
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Retail Management Solutions
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Retail Management Solutions
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About POS Systems (retail pharmacy and outpatient pharmacies
The retail pharmacy industry is one of the predominant users of POS terminals. A Retail Point of Sales system typically includes a computer, monitor, cash drawer, receipt printer, customer display and a barcode scanner. It can also include an integrated credit card processing system, a signature capture device and a customer pin pad device and IIAS software. More and more POS monitors use touch-screen technology for ease of use and a computer is built in to the monitor chassis for what is referred to as an all-in-one unit. All-in-one POS units save valuable counter space for the retail pharmacy allowing for clutter-free check out and prescription verification. The POS system software can typically handle a myriad of customer based functions such as sales, returns, exchanges, layaways, gift cards, gift registries, customer loyalty programs, BOGO (buy one get one), quantity discounts, prescription processing, return of prescriptions to stock, patient tracking and much more. POS software can also allow for functions such as pre-planned promotional sales, manufacturer coupon validation, foreign currency handling and multiple payment types.
The POS unit handles the sales to the consumer but it is only one part of the entire POS system used in a retail pharmacy. "Back-office" computers typically handle other functions of the POS system such as inventory control, purchasing, receiving and transferring of products and pharmaceuticals to and from other locations. Other typical functions of a POS system are to store sales information for reporting purposes, sales trends and cost/price/profit analysis. Customer information may be stored for receivables management, marketing purposes and specific buying analysis. Many retail pharmacy POS systems include an accounting interface that "feeds" sales and cost of goods information to independent accounting applications. These functions can allow a pharmacy to track which items are selling the most in its OTC department.
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