KORONA POSProduct Overview
KORONA POS product overview
KORONA POS is a cloud-based point of sale system software with features designed to help improve the daily operations of various business types. It has capabilities for different businesses, such as in general retail, fast-casual, wineries, museums, and theme parks.
The software is built to handle inventory management, product and sales reporting, employee management, customer loyalty, and eCommerce integrations.
KORONA POS is sold as a monthly subscription service and includes full customer support and troubleshooting. The vendor also sells hardware, though KORONA integrates with most modern POS hardware. Businesses can keep existing solutions because all payment processing is done through third-party entities.
Pros of KORONA POS
- KORONA’s inventory management and automation have custom par levels, automated reordering, stock orders, and multi-store management. It is well-suited for larger operations or businesses that are planning to scale.
- KORONA POS provides custom features for specific sales verticals. The software comes with bottle deposits and age verification prompts for liquor stores, turnstiles and ticket printing for museums, and shipping compliance for wineries. It is designed to adapt to its customers’ needs rather than forcing the user to adapt to the software.
Cons of KORONA POS
- KORONA’s learning curve is a bit steep. It takes time to learn and navigate its back-end features and various KPI reports. Taking full advantage of its advertised features won’t happen overnight.
- Additionally, the software has yet to build a major stack of integrations. It has limited eCommerce capabilities, requiring users to use WooCommerce. Although it integrates with key CRM and accounting tools, it lacks some other common integrations that many retailers might expect.
Breakdown of core features
KORONA POS has tools and features that streamline business operations:
KORONA’s inventory capabilities work seamlessly for any business size and automate many aspects of product management. Users can import product databases, print labels and tags, set custom re-order levels, track shipments, send product notifications, and create store orders. The inventory management features allow businesses to streamline their day-to-day and run a more efficient and accurate operation.
KORONA POS is built for franchises with several key features. While its inventory and reporting features are suitable for any multi-store business, KORONA also includes franchise-specific items. Its consolidated reporting simplifies corporate operations. Product databases can be transferred to new locations, making it possible to scale. Individual franchises can use the same inventory system and order from a corporate office portal. Franchisors can create a custom royalty system for each franchisee.
Modern payments and processing
Each POS comes as a complete setup with modern payment peripherals. These include contactless and EMV payments, Apple and Android Pay, and fast transactional speeds. KORONA also offers its users a choice in their payment processing solutions. They will work with each customer to help find the most suitable processor instead of locking into lengthy contracts.
KORONA POS brings users an in-depth array of custom sales and product reports with its inventory management. Numerous KPIs and ABC retail analytics help businesses get more insight into their products and services. All reports are completed in the back-end of the system and are accessible using login credentials from any internet-connected device, adding convenience to any operation.
(Last updated on 05/13/2021 by Liz Laurente-Ticong)