POS-itive Results: Integrating Your Point of Sale

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6 min read
POS-itive Results: Integrating Your Point of Sale

Are you tired of the headaches that come with managing a pharmacy? Have you been struggling to keep up with inventory management, prescription processing, and customer demands? We have the solution for you: an integrated point of sale (POS) system! 

Now, we know what you're thinking. This sounds too good to be true. And let's be honest, it is. Pharmacy problems are not often fixed quickly, and we don't want to make it seem like adding an integrated POS system to your workflow will solve everything. However, it will make a difference in streamlining your pharmacy operations and ultimately help you run a more efficient business. 

An integrated POS system can be a game-changer for pharmacies looking to increase revenue and efficiency. Let’s explore how the features of a POS system work and help to reduce the headaches of common pharmacy issues: 

  • Inventory Management: By tracking stock levels in real-time and automating reorders, pharmacies can avoid costly stocking issues for all products, including over-the-counter (OTC) medications and other non-prescription items. 
      • A pharmacy is busy, and keeping track of all the different products they sell can be overwhelming. With a POS system with real-time inventory management, pharmacists and staff can easily track stock levels and avoid running out of popular items. For example, during flu season, a pharmacy might notice a sudden increase in demand for certain OTC medications. With a POS system that tracks inventory in real-time, they can quickly order more to avoid running out and frustrating customers. 
  • Accurate and Fast Prescription Processing: An integrated POS system works alongside the PMS to automate steps within the prescribing process, saving time and reducing the risk of errors. While the POS does not fill prescriptions or assure a patient's medication safety, it can help pharmacies ensure compliance with various audits and regulations and capture necessary information.  
      • A highly featured POS can record signatures for prescription pickup, counseling, HIPAA compliance, and controlled drug tracking ID capture, among other things. It is also imperative to find a POS integrated with NPLEx for pseudoephedrine sales in the 45 states where it is required by law. With these features, pharmacists and staff can focus on filling prescriptions accurately and safely, while the POS system handles the administrative tasks seamlessly.  
  • Additional Product Sales: Pharmacies can sell additional products beyond prescription medications to increase foot traffic and revenue. 
      • Many pharmacies seek ways to increase foot traffic and revenue beyond prescription medications. With a POS system that allows them to sell additional products like vitamins, beauty products, and first aid supplies, they can attract new customers and increase sales. For example, a customer who comes in to pick up a prescription for an antibiotic might also be interested in purchasing some cough drops. 
  • Loyalty Programs: An integrated POS system can allow pharmacies to set up loyalty programs to encourage repeat business and increase revenue over time. 
      • In today's competitive marketplace, businesses must find ways to keep customers returning. A POS system with loyalty programs can help pharmacies encourage repeat business and increase revenue over time. A pharmacy might offer a discount or free item for every ten prescriptions filled or purchase of a certain number of products. Customers who participate in the loyalty program are more likely to continue shopping at that pharmacy, which can lead to increased revenue and customer loyalty.
 

So why is it essential to have an integrated POS system in your pharmacy? Simply put, it saves you time, reduces the risk of errors, and ultimately helps you run a more profitable business. It may not be a magic cure for all your pharmacy headaches, but it's definitely a step in the right direction. 

How Can TDS Help?  

If you're ready to take your pharmacy to the next level and streamline your operations, then you need to check out our integrated POS systems. Trust us; it's a game-changer. Want to see for yourself? Schedule a demo today, and let us show you how easy it can be to increase revenue and efficiency in your pharmacy. 

EXPLORE TDS POS TODAY!