Merchant POS Bank Reconciliation System
POS Software Analyzer was designed:-
- To teach merchants and institutions using POS Machine in Nigeria on how to reconcile POS account with her bank.
- To demonstrate that lack of POS Account Reconciliation with Banks can lead to merchant’s bank account leakage.
- To show merchants using POS how they can identify “Approved POS Receipts” not credited to their bank Account.
- To show merchants how they can recover monies that were not credited to their bank account due to POS System Failure.
- To introduce a simple step by step business process on how to manage POS account.
- To introduce a software that can help manage POS account for merchants and institutions using POS Machine in Nigeria.
- To show business processes merchant can adopt to manage POS account without Software.
- To help merchants and institutions using POS Machine in Nigeria put a proper business plan for POS Account Management and Reconciliation with their banks to prevent further Financial Leakages.
