Small pharmacies have it rough these days — they have to compete with bigger chain stores, offer competitive prices, sales, and rewards programs, and also make enough money to support the staff that operates the store. If you happen to own a small pharmacy and you’ve been struggling lately, you’d probably benefit from getting rid of your old POS system and investing in a new retail pharmacy POS system. Here are just a few specific reasons why:

• Keeping track of product sale trends and the effectiveness of discounting certain products is a lot of work — and although generic retail POS systems can usually handle these computations, they don’t always have the ability to analyze this data in real time and alert you when certain items are running low.
  

• Security concerns are definitely on the top of everyone’s minds lately, considering the number of big-name businesses that have been hacked into. It doesn’t even matter that hackers generally target big chain businesses where they can steal more money — customers get nervous when they give personal information to any store, regardless of its size, and store owners can’t help but imagine the worst possible situation when their computers and POS systems start acting up. This is where a new pharmacy POS system comes into play: the companies that develop and sell new POS systems are well aware of these security concerns, and they provide features like constant software updates and 24/7 customer support.
  

• And finally, since a pharmacy is more than just a retail store that makes transactions, you’d benefit from a specialized POS system because it can help with certain pharmacy-specific tasks. With features like encrypted card swiping and electronic signature capturing, you can be sure that your store is abiding by every security regulation and that the personal medical information of your customers is safe and sound.