Published On: July 2, 2024
  • Identify the benefits of tracking your business in real-time.
  • A smart POS solution shows the areas of improvement in your business.
  • Remote management enhances your business efficiency.

POS Terminals are revolutionizing how businesses facilitate transactions. These systems allow entrepreneurs to be in control of everything in real-time. These sophisticated devices allow businesses to operate from anywhere, process transactions at any time, and allow business stakeholders to access pertinent data from their own devices. These systems can process and monitor transactions, generate financial reports, and update pricing and inventory instantaneously. Learning how to utilize your POS system’s various software tools may help your business grow.

Benefits of Tracking and Managing Your Business in Real-Time

POS systems benefit business owners in real-time

1. Inventory
Business owners and employees require accurate and up-to-date information on available stock. A POS system should address this need by monitoring inventory in real-time and displaying notifications on the screen when an item is no longer available.

2. Adjust Prices
POS systems allow employees to utilize the terminal to adjust product prices easily. Additionally, business owners should be able to change prices remotely, depending on the needs of the business.

3. Refunds
Refunds can easily be processed through the POS system. However, business owners could track refunds remotely from their devices if they are away from their business.

4. Product Demand
Business owners can analyze which items are in demand compared to others.

5. Staff Scheduling
Owners and managers can decide who to schedule for upcoming shifts. In addition, owners can view in real-time employee productivity and discuss future business strategies with their employees, especially during peak hours and holiday seasons.

6. Sales
Business owners need custom reports, which help them monitor their sales activity by different categories. In addition, if a business owner has more than one business location, they can compare metrics between branches and determine the next steps for their business.

7. Security
Processing payments digitally has now become secure thanks to advanced security software. This adds a sense of ease for both business owners and customers.

Reduce your operating costs with our full suite of payment solutions

With MONEXgroup as your payment provider you benefit from our all-in-one payment ecosystem with: integrated processing solutions, 24/7/365 support, comprehensive reporting, and much more.
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Your POS system’s data is your business blueprint: it will show you areas that need improvement and help you determine the next best steps for your business. MONEXgroup’s payment solutions are designed with this objective in mind, offering a cloud-based dashboard that allows you to monitor your business virtually. Conveniently track your sales, refunds, and hottest-selling items from your computer or mobile device. Determine who your least- and best-performing salespeople or wait staff are, and use that information to improve employee and overall company performance. Exploring these solutions can be a pivotal step for companies looking to thrive in a competitive and evolving market landscape.

At MONEXgroup, we cater to diverse business needs with our payment solutions. If you’re a business owner interested in learning more about our payment processing solutions get in touch today! Contact us today and discover how our solutions can benefit your business.

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Grow your business with our Full Suite of payment solutions

With over 20 years of industry experience, MONEXgroup creates competitive advantages for your business through customized innovative payment solutions.

Contact us today and discover the right payment solution for YOUR business!

Ask yourself “What is the cost of doing business when having a poor partnership with a payment processor?”. If your payment processing touches various entities, a small problem can quickly turn into a frustrating experience. There is no need for a pieced-together solution with several providers.

As your single point of contact, MONEXgroup is nimble and quick to respond. Have one merchant account, one statement, one monthly fee, one support line, one dedicated account manager. We have multiple gateway relationships, and easy integration with main gateways & acquirers. MONEXgroup is the One-Stop-Shop for all your payment needs.

Consider saving big on operating expenses. Take advantage of our integrated payment solutions and deal with one company for all your payment needs: In-Store POS & Attended Payments, Unattended Vending & Self-Service, On-the-Go & Mobile Payments, and eCommerce, Virtual & Recurring Payments.

We understand the complexity that comes with having to rely on multiple payment processing providers. That’s why, as a MONEXgroup client, you can consolidate your unattended, in-store, on-the-go and online solutions under a single account, with one monthly fee and statement.

By choosing MONEXgroup as your payment processing partner, you benefit from a full suite of Payment Processing Solutions and rely on one trusted partner. We’ve simplified payment processing. Choose our future-proof Integrated Payments Solutions!

At MONEXgroup, we’ve built our reputation on providing the most efficient and extensive level of customer service in the industry. Hundreds of our Google reviews attest to our quality Customer Service.

Technical support is available to you 24/7/365. We pride ourselves with fast response times. A skilled agent is dedicated to your issue and proactively follows up until you are satisfied. We also routinely perform outbound courtesy check-ins to ensure full satisfaction.

We offer quick onsite swap service for terminal replacements. Our rapid response policy ensures that downtime to your business is minimal.

The clarity of our offer and of our statements makes MONEXgroup unique in the industry. Our friendly and proactive Customer Service will patiently review statements with you, to avoid any type of doubt or confusion.

Due to close partnership relationships with acquirers, we able to offer the most competitive Visa, Mastercard and debit card processing rates available on the market. Start maximizing your ROI with MONEXgroup today!

Knowing what drives your revenue is a significant advantage to making informed business decisions. Access the full-suite reporting dashboard to monitor data such as financial transactions, usage statistics, location/regional performance, etc.

Our device allows remote admin access to get diagnostics, check terminal status, set up alerts, and perform updates. You can interact with payment terminals remotely to adjust pricing in real-time, assign permissions to managers, or review transaction history.

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