Point of sale software is a specially designed computer application that allows retailers to do things such as figure out how much a customer owes on an order, keep track of inventory, and allow clerks to conduct and complete transactions. Most point of sale software applications are specially designed interfaces that allow users to interact with customers and inventory directly. Others take advantage of technological advances to allow users to interact with customers and inventory indirectly via a virtual interface.

There are many examples of point of sale software applications. Some examples include barcode creation software, price label creation software, inventory adjustment software that accounts for items scanned at a cash register, and software applications that allow cashiers and customer service clerks to execute and complete a transaction.

Points of sale software applications help retailers to run their establishments more efficiently and profitably.

This is true for the following reasons:

• Point of sale software allows retailers to manage their inventories more effectively:
  
  This is true because most point of sale packages can be custom made to count, sort and order an almost infinite number of items efficiently. This allows retailers to focus their energy on improving other areas of their establishments without having to worry about the accuracy of its inventory.
  
  
• Point of sale software also allows retailers to efficiently create an accurate pricing system for their stocks.
  
  Many customers hate to see items for sale that have no price tags. One way to eliminate this pet peeve is to use point of sale software applications that can accurately maintain the pricing integrity of a store's stock. There are several software packages that are easy to use and easy to customize to fit most stores' needs. As a result, most stores consider this software application on of their key components to managing their establishments.

• Finally, point of sale software also allows clerks to do their jobs more quickly and efficiently.
  
  Entering the price or UPC of an item used to be a nightmare for cashiers because they had to be entered by hand. Nowadays, there is a wide variety of customizable point of sale software packages that allow clerks quickly and accurately enter the UPC or the price of an item. This has improved a cashier's efficiency so much that they can now do more in less time.