SAP POS
What Is Point of Sale?
Point of Sale (POS) represents the customer payment transaction for a brick and mortar or online retailer. As part of the POS, retailers rely on hardware and software to complete the transaction and process the payment.
POS: More than a Transaction
While the POS may appear simply as a transactional activity, it has implications for customer experience and profit for the retailer. Customers want and expect a checkout process that is quick, hassle-free, and easy to navigate.
What Is Point of Sale?
Point of Sale (POS) represents the customer payment transaction for a brick and mortar or online retailer. As part of the POS, retailers rely on hardware and software to complete the transaction and process the payment.
POS: More than a Transaction
While the POS may appear simply as a transactional activity, it has implications for customer experience and profit for the retailer. Customers want and expect a checkout process that is quick, hassle-free, and easy to navigate.
The POS is also critical for understanding customer preferences in terms of product selection and variety. Retailers gain valuable analytical insight into which products are selling, at what time of day, and in what quantity. This can provide better decision-making for the marketing and sales teams.
Lastly, integration between the POS, inventory management, and operational systems is critical for maintaining supply and demand balance and identifying potential revenue opportunities. Replenishment is essential for retailers to ensure the product is on the shelf where and when customers need it. Data from the POS should also be shared with suppliers to collaborate on product promotions and new product introductions.
SAP Customer Checkout Application
SAP’s point of sale solution is SAP Customer Checkout. According to SAP, the following are key POS capabilities of the application:
- Manage sales, returns, payments, coupons, and gift cards with a central POS system
- Access real-time reports, control sales and financial results, and extend and scale the application with flexibility
- Integrate with SAP S/4HANA or other ERP systems, or use as a stand-alone application
Key Consideration for SAPinsiders
- Case Study: AGRAVIS Transforms Its POS System for the Future. In this SAP case study, German agricultural trading company AGRAVIS needed to replace its legacy POS system to meet new cash register regulations and future POS transaction requirements. The company wanted a solution that integrated with its current software landscape, but also created a single source of truth of real-time sales and inventory data. AGRAVIS also required a solution that enabled capabilities for future omnichannel retailing. It chose the SAP Customer Checkout application with native SAP S/4HANA integration and linkage to existing legacy warehouse management systems.
A vendor in the point-of-sale space includes: Verbella.
844 results
-
Key Steps for Integrating Employee Central and SAP ERP HCM with Boomi Middleware
Learn the different steps involved in setting up integration between SuccessFactors Employee Central and an SAP ERP HCM on-premise payroll system, before you start the replication process, using Boomi middleware. Key Concept Boomi middleware, introduced in 2000 and acquired by Dell in 2010, is a cloud-based integration solution. SAP delivers preconfigured integration packages for Dell...…
-
SAP HANA Security Part 2: Classical Analytic Privileges Versus SQL Analytic Privileges
Learn about the differences between the various types of analytic privileges, and which ones to use to secure row-level data in an SAP HANA information view. Key Concept The privileges needed to control access to row-level data in SAP HANA are called analytic privileges. These allow some users to see data X and others to...…
-
How to Configure Shipment Cost as a Delivery Cost for an Accurate Valuation of Inventory
Transportation costs related to inbound deliveries represent an important consideration in inventory value and need to be taken into account. Learn how to configure settings to customize shipments costs as delivery costs. Key Concept Shipment costs are not directly transferred to the accounting department, but are included in the materials management (MM) goods receipt document...…
-
N:N Batch Traceability on a Production Order Using WIP Batches
Learn how to activate a work in process (WIP) batch and how to use it achieve an N:N batch traceability on a single production order. See how to activate the WIP batch functionality and the necessary customizing settings to use it. Key Concept The work in process (WIP) batch is used to keep the batch...…
-
An Overview of SAP S/4HANA Finance with a Focus on Asset Accounting
Learn how your organization can leverage the functionality of the new Asset Accounting (FI-AA) module in SAP S/4HANA Finance. Key Concept SAP S/4HANA Finance (formerly SAP Simple Finance) comes with a lot of features, such as the universal journal, streamlined design, and real-time analytics. The new Asset Accounting (FI-AA) module is one example of a...…
-
Expand Your Reporting Options with an Extended G/L Code Block
The G/L code block in FI is not static. Customer-defined fields can be added to provide for reporting functions that SAP did not envision. Learn how to use a standard SAP transaction to add fields to the G/L code block, how to ensure that the field is properly populated, and how to report on the...…
-
An Introduction to SAP Payroll Processing Control Center Add-On
Learn about the functionality of the new front-end interface of the SAP Payroll Processing, control center add-on tool, used by organizations to innovate their payroll processes by providing a new user experience for running payroll and resolving payroll issues. Learn the business reasons for implementing this functionality and learn about the different roles and responsibilities...…
-
Field-Tested Tips and Tricks for Troubleshooting SAP ERP HCM Payroll Processing Errors
Payroll users can often be overwhelmed by the variety and amount of errors encountered in daily operations. Learn how to categorize these errors logically, see how to resolve them, and get tips for avoiding them going forward. Key Concept In SAP payroll, various master data inputs, configuration setups, and integrations within SAP ERP HCM and...…
-
You Are Now a Step Closer to Real-Time Profitability in SAP S/4HANA Finance with Fewer Settlements
Learn about a new feature in SAP S/4HANA Finance 1610 that helps you avoid a few of the settlements to Profitability Analysis (CO-PA) and yet achieve real-time updates of data to CO-PA dimensions. This is one innovation among many in account-based CO-PA. Key Concept SAP S/4HANAFinance helps you to avoid some settlements without adversely affecting...…
-
Post Invoices Automatically with ERS
The evaluated receipt settlement (ERS) lets your R/3 system post vendor invoices automatically without internal paper flow or manual verification steps. The author says that his company recently implemented ERS at a large public service organization. The task of posting approximately 100 daily invoices, which formerly required two full-time employees, now is completed in one...…
Upcoming Events
Related Vendors
Your request has been successfully sent