Pawn software is a computer program that

Pawn software is used to:

Simply put, pawn software organizes information, makes it readily available, saves time and money and makes a favorable impression with efficiency and professionalism.

Consignors, Buyers and Employees

Customer and employee information stored on the computer can be viewed 'on screen' or printed on paper. The program will automatically remind shops of important dates (like birthdays - when to contact anyone and why). Mailers and address labels can be printed in minutes. A computer makes it possible to easily keep in touch with a multitude of people and not overlook details and sales/service opportunities.

Inventory

Likewise, every detail about each inventory item (including pictures!) is stored on the computer and is available for viewing or printing. Literally any information can be presented in a 'report' for shops or customers, including:

Sales

Every detail of selling is recorded, including

With each sale, professional invoices/receipts are printed and correct change due to the buyer is accurately and automatically computed. Good impressions are made and costly errors are avoided.

Remedial Tasks

Pawn selling is labor intensive - checking in new items, tagging and tracking them, computing settlements, making payments to consignors, employees and vendors. Software saves hours and hours of time by automating these processes, leaving store owners to the more important functions of marketing and customer service.

Using a computer, pawn shops can:

Accounting

Perhaps the most valuable and least-expected benefits of pawn software are:

  1. The elimination of errors
    • Employees enter items at the point of sale and amount tendered. Change due is auto-computed.

  2. The ability at any moment to compute and view the status of any detail -
    • Inventory in stock or sold
    • Inventory status (discounted, returned, sold, donated, transferred to shop ownership)
    • Sales made on any date or for any period, for any consignor or by any employee
    • Payments due or made to consignors ('Settlements')
    • Complete tax details
    • Profit or loss at any point in time, for any period

With pawn software, consigning is truly this simple:

  1. A consignor brings items in.
  2. You enter his or her information and print 2 copies of the Pawn Agreement (which are pre-filled with consignor and shop information).
    • Your organization and efficiency make a good impression.
  3. Print price labels for each item then or later.
    • No mistakes. Professional appearance. Credibility.
    • Tags can display discount schedules or not, and 'store codes' for how to dispose of each unsold item
  4. A customer brings items to the counter to purchase.
  5. You continue to impress by quickly and efficiently...
    • Entering the items being purchased
    • Entering payment (Change due is auto-computed - no mistakes!)
    • Printing a professional-looking invoice (receipt)
  6. The software adjusts shop and consignor records.
    • Manual end-of-day accounting is eliminated!
  7. Process settlements and make payments to consignors.
    • Print settlement reports and mailing labels.
  8. Create daily, weekly, monthly or yearly profit/loss reports.
    • Accurate, reliable, time-saving computations.

Cost of Computerizing

The total cost of a computer and pawn software is far less than the labor cost of pencil-paper operation. A computer may be leased for about $20/month. A more appropriate question might be, "How much time and money is wasted by not computerizing?"

Software Cost

The standard strategy of software vendors is to secure new users without emphasizing all possible costs in using their programs, leaving users to discover large additional fees well after the money-back guarantee period.


Learning Pawn Software

A good software program is one that is easy to learn and use. Most are complex and far from user friendly so if you would like to start at Square One and benefit from step-by-step instruction, download the Best Pawn Shop Software Intro Edition Demo.

Free Software Help

Your purchase of Pawnbroker Pawn Shop Software includes a free setup period for help with installing the software and configuring it with hardware. Beyond the free session, press F1 in the program to open the well-illustrated and detailed user's guide. Training is also available at ($20/15 minutes).