What are Point of Sale/Practice Management Software systems and what can they be used for

Point of Sale (POS) and Practice Management Software (PMS) is the point at which money – cash or card – changes hands at a business.

In a retail store, it may be at a cash register. In a café, it might be behind the cake counter. In a medical practice, it is likely at the receptionist’s desk. It can be online, too.

How do POS and PMS systems work?

A modern POS/PMS system streamlines the sales process. It can be used to track sales, inventory levels, gross revenue, profits, trends, and more. The data a POS/PMS captures can prove very useful in forecasting future growth.

POS/PMS systems can also be used for customer management, helping you record customer details and guiding your marketing efforts.

Choosing a POS/PMS system

There are plenty of options out there when choosing a POS/PMS system for your business. When deciding, look for things like:

1. Compatibility with existing apps and hardware
2. Features that suit your business
3. Ease of use, both for your staff and customers
4. Customer support

Need help choosing? Use our POS/PMS recommendation tool to see our network of over 330 POS/PMS partners built for each industry

POS/PMS partnerships

Tyro connects with over 330+ POS/PMS vendors. Learn about the benefits of integrating your EFTPOS (Electronic Funds Transfer at Point of Sale) and POS systems.

Got another question about EFTPOS that’s not answered here? Ask away

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