Do you have a shop in Bangladesh? You know the situation pretty well – you are behind the counter, there are three clients ahead of you, and you are looking into your khata to find out if there is still any remaining packet of the goods left in stock. At the end of the month, you calculate with the help of a calculator to understand whether you have made a profit or not. And most probably, you never know what the answer will be.
POS software takes away all the guessing from you. It is cloud-based POS software in Bangladesh specially designed for those types of businesses such as grocery, pharmacy, electronics, or trading shop. It manages your billing, inventory, customers, and accounts in one software system which runs on your own mobile device. More than 650 shops and 800 users in the whole country operate using it.
Here is a brief overview of what a POS system does, how much it costs, and how to determine whether getting one is the right choice for you. No tech-speak and lengthy lists of features — only the key points to consider when choosing.
What POS Software Actually Does for Your Business
“POS” is an abbreviation for “point of sale,” i.e. the exact moment when payment is made in your store. The POS system simply records this moment and makes it useful for your business.
When selling goods, a POS program performs five actions simultaneously. It makes an invoice, creates an invoice itself, reduces the amount of this product from the inventory, marks the way of payment, and counts the daily income. In other words, you perform one action and the software performs five. And that is pretty much everything about it.
The advanced POS system will remember not only who owes you money and what suppliers you buy goods from, but also which product is sold the quickest every Friday and how much electricity you consume in a month.
Why Bangladeshi Companies Are Moving to POS
POS software used to be something of interest to Dhaka-based supermarkets. This trend is changing very fast now and with some good reasons.
The billing process becomes much faster. Barcode scan requires one second. Hand-written memo – one minute. This is for two hundred customers per day.
Human errors become fewer. No more incorrect calculations, missed goods, or prices that had been changed recently without informing the new salesman.
Inventory loss is prevented. With each purchase the number of goods decreases automatically, thus the gap between inventory expected and real becomes obvious.
You can monitor your shop activity from any place. With cloud POS software you can track your sales even sitting at home with your smartphone in hand.
Payments won’t be forgotten anymore. The software will maintain your customers’ account balances and you won’t have to trust your memory and torn pages anymore.
There is also another reason for such trend. The stricter the rules become and the more the need for VAT invoices increases, the more unprofessional your company looks like operating on paper. A proper invoice signed by your company changes that.
Time is another aspect that comes into question after switching. Ending the day meant closing the books in one hour of counting the cash, matching the memos and entering the amount of money into the register. With the help of POS software, the whole process of closing the day happens automatically. Just need to check that the cash in the drawer is correct, and you can leave.
Ehishab: Cloud POS Software for Bangladesh
Ehishab is created by the company called Fara IT Fusion Limited for small and medium businesses in Bangladesh. It is a cloud-based solution, meaning there is nothing to be installed on the hard drive of a computer. All you need to do is just open a web browser on a laptop, desktop, or mobile device and login to start working with your business.
It is important to note that traditional shop management software confines you to a specific computer in the back office. In case something goes wrong with this computer, all the business information will be lost. With the help of Ehishab, your data is stored on the secure server automatically.
This POS software is designed for users who are not accountants. The software has been designed for users who can handle a smart phone. Shop owners learn how to bill customers using the software in less than 24 hours from the time they start training sessions.
Key Features of Ehishab POS Software
This section shows the key features of the software as you will use them.
Fast billing and invoices printing
You simply scan barcodes or search brands, categories and product names and the product appears on the bill. You apply the discount as either an amount or percentage. You also apply VAT the same way. Bill print on a regular printer or thermal POS printer or send the bill directly to the client via SMS. You will take care of returns and refunds in the same window so as not to mess up the day’s figures.
Inventory Management in Real Time
You can manually add one or more items to your inventory. For the items without barcodes, create your own. Instantaneously view the entire inventory or ask for a statement on the item of your choice. Unlike traditional counting methods, your stock number is accurate all day long because inventory management is connected to the billing process.
Monitoring Clients and Their Owing Payments
You can either upload your existing customer database and their outstanding payments, or you can create your own customer database as you make sales. Keep track of every payment you receive from clients using cash, credit cards, or any kind of mobile banking. With just two clicks, you can access each and every customer’s customer ledger. Just confirm it, and there won’t be any more disputes with clients regarding their payments.
Purchasing and Supplier Management
Store all of your payables, purchase records, and supplier information in a single software application. Find out who, when, and how much you owe them. The savings for traders, dealers, and export-import companies are found in this software feature.
Accounts and Profit & Loss Statements
Daily income and expenditure, profit & loss, accounts receivable, accounts payable, banking transactions, branch-wise statistics—these are produced based on the sales you have already keyed in. You do not have to enter additional data just to get your accounts. They are extracted from the data that you were entering anyway.
Cloud Backup and Data Storage
Financial and inventory data are stored in the cloud automatically. With the use of encryption and multi-factor authentication by Ehishab, your business figures will be secure. This is one of those places where cheaper software quietly takes shortcuts. It is a good idea to ask the vendor about this.
Who uses Ehishab POS System in Bangladesh?
It is used by a wide variety of companies:
• Supermarkets and grocery stores demanding fast billing through bar code in an operational counter.
• Pharmacies with long product lists and which keep track of batches and expiration dates.
• Electronics & mobile stores handling warranties and serial numbers.
• Retail small and medium enterprises in all categories, from fashion firms to hardware stores.
• Trading, dealerships and suppliers dealing with large purchase and payable transactions.
• Export-Import firms and machinery companies with branch level reporting needs.
An owner of a grocery business informed us that the use of barcode scanning and automatic reordering reduced his inventory mistakes substantially. An electronics store owner operating multiple branches informed us that the inventory management across the branches became easy for him. This is the usual experience. It is more about peace of mind than features.
How To Pick The Right POS Software?
It’s always useful to know what you are buying before comparing prices. There are four common reasons why most shopkeepers in Bangladesh will eventually regret their purchase, but these can be easily avoided.
They picked the wrong one. They thought about the present, but forgot about tomorrow. You can save yourself from future troubles and install a POS that can deal with multi-locations beforehand.
They overlooked support. It’s easy to sell software, and it’s hard to take care of it. Find out who will take your calls when billing stops working at eight o’clock on Thursday night.
They spent extra on useless modules. Restaurant modules in a hardware store don’t help. Only pay for modules that your business needs.
They never asked whether they can get back their data. Is it possible to extract their products, customers, and sales once they decide to move somewhere else? Good vendors will immediately answer “yes”.
Get a demo first, and bring the person who is supposed to use this POS to the demo. Shop owners think in terms of reports, while cashiers think in terms of billing speed. Both are important.
POS Software Pricing in Bangladesh: The Truth!
This is the first question that people ask, and vendor websites avoid answering it. And here is the truth.
The pricing of POS software in Bangladesh usually includes two models. License packages are priced from BDT 10,000 for basic single-shops to BDT 40,000 – 50,000 and above for multi-branches POS systems with accounting and customization. Subscription services are usually priced at BDT 1,000 to BDT 5,000 per month per one branch.
Here is what drives the pricing – the number of users, the number of branches or warehouses, if you need SMS integration, customization, and if you require training and support. Make sure to ask every vendor about all five factors. You can be guaranteed that any low pricing without training and support is not cheap.
Ehishab is designed as a low-priced POS software for SMBs, which means that there are no hidden costs and no core functionalities will be removed from the software to create an eye-catching price tag. Contact us at 01780504501 for exact quote for your business.
Getting Started with Just Three Easy Steps
Contact us via 01780504501 or chat, and give us information about the nature of your business and the approximate number of items you deal with.
Get our free online demonstration. We will walk you through our real software in light of your particular business and not some generic slideshow.
Implement and get started. We will assist you in loading up your inventory and also your existing customer debts. We will also help you train your employees.
The majority of businesses begin billing using our software within a few days. You don’t have to stop work while transitioning and you don’t lose any of your data.
Frequently Asked Questions
What is POS software and how it works?
POS software is a solution that registers your sale at the counter and automatically manages your inventory, your customer database and your accounting entries at the same time. Once you enter a sale, the software does everything else for you.
What is the price of POS software in Bangladesh?
Most prices range from BDT 10,000 for a simple once-only package up to BDT 50,000 and above for multiple branch setups, while cloud subscription models typically cost between BDT 1,000-5,000 per month per shop. The actual price depends on user, branch, customization & support. Get a quote for your business on 01780504501.
Can I use the Ehishab POS software without internet access?
Ehishab is cloud-based software and requires an active internet connection to sync. An internet connection via mobile network is sufficient for most shops for back-up in case of outages. Let us know about your location & internet connection while calling and we will be honest with you about your options.
Does Ehishab work with barcode scanners and printer?
Yes. It supports barcode scanners, POS printers as well as regular printers. You can even design your own barcode labels for items which do not have barcode labels.
Can I run more than one store or outlet?
Yes. You can operate multiple stores/branches as well as multiple warehouses and view their individual and combined sales, stock and profits from the same login point.
Start Using Ehishab POS Software Now
The choice of POS software is not really a question of technology. It is a choice of how many hours per day do you wish to spend counting things, and how many days per month do you wish to spend thinking about where the money went.
Ehishab provides small and medium size businesses in Bangladesh a cost-effective, secure, and truly user-friendly way of managing their billing, inventory, customers, and accounting in one system – with a support team that is always ready to answer on the phone.
Give us a call at 01780504501 now for a complimentary demonstration of the software, or visit https://ehishab.com/