June 2009

Businesses have less than one week left to access the government 30% investment tax rebate. See below for more details.

It has been a busy month here at Neotechnology, with an interview by Convenience World about Amicus Fuel and the sales and marketing team travelling around the country to talk to people about POS - to better understand their needs.

Amicus Fuel Convenience World article

We have also been busy making the Amicus user manual more easy to use. Previously over 400 pages (PDF), it is now available online and can now be tailored to suit specific tasks.

Read more

A good point of sale system (POS) can help many businesses to run more efficiently and effectively, saving you time and money, through inventory tracking, customer and supplier management and a fast sales process. A POS suited to your business and business processes will help the business make good business decisions. With all the POS systems available, how do you choose the right one for your business? You look at your business requirements.This includes asking questions like:

What kind of industry are you in?

Different industries will have different business requirements for their POS system. Eg Hospitality systems need to provide table management, kitchen and bar printing etc, petrol stations require bowser integration and supermarkets need rigorous price and inventory management.

What information do you want your POS system to tell you?

Do you only need basic Z totals (end of day totals) or do you need accurate, detailed reports on your sales, inventory, customers, purchases etc?

Do you intend to grow your business in terms of more terminals or sites?

Are you already a multi site organisation? A system that synchronises sites will reduce your overall administration and allow you to manage prices and stock at all sites.

How many staff do you have?

How much training do you want to give your staff? An easy to use system will make the transition much easier.

What are your security requirements?

Do your employees have different access levels that you will need to have reflected in your point of sale system? Do you have any problems (or suspect you might) with employee theft and/or fraud?

How important is transaction speed to your business?

Eg a bar needs to be able to process sales very quickly.

Do you want to incorporate any inventory management functionality?

Do you have any special requirements like stock components and multiple barcodes?

Do you need to keep track of customer accounts so that you can provide credit facilities or automated discounts or would you like to?

How important is the reliability of the POS system to your business?

Review the answers to these questions and you will better understand your POS business needs. The next step is finding which system will provide the functionality you require. This can entail reviewing many of the systems available through online research, talking to people such as other business owners and your local business/POS supplier or going to a IT company/software vendor directly.

Businesses have until the end of June to take advantage of the Australian Governments 30% tax rebate on investments in their business. A minimum expenditure threshold of $10,000 applies for business with an annual turnover of $2 million and must be used for the principal purpose of carrying on a business and meet certain eligibility criteria.

Small businesses can now get up to a 50% deduction for investment in eligible assets over $1,000 until the end of December 2009.

Read the Australian Government media release or go to the ATO website to get all the fine details.

Note: This is editorial content  and does not constitute expert advice in anyway.

Are you currently an Amicus user? Have you been raving to other businesses about how good the system is for your business?

Well how about turning this into some money for you!!

If you refer a business to us and this turns into a sale you will receive a percentage of the software licence sales. We are there to provide any support you need to refer Amicus to your business colleagues, be it promotional material, assistance answering technical questions or general sales advice.

Contact us for the full details of the Amicus referral program