This is the era of technology. And yes, technology has had a positive influence on various industries and sectors. How could the medication and health industry be left behind? The pharmaceuticals market is already worth billions and the numbers are drastically increasing manifolds. To explore the dynamic nature of this pharmaceuticals industry there is an inevitable need of technologies such as the latest pharmacy management software that performs all pharma-related tasks with ease and efficiency.

To ease out the complex operations of pharmaceutical shops, efficient pharmacy management software has been introduced. Each pharma software has its unique features as it makes the task of running pharmacy stores faster and easier. The pharma software helps manage inventory, product prices, employee salaries, invoices, etc. This technology helps ensure better customer service experience and an increased client base.

The online pharmacy software can be easily installed, and it helps perform all pharma activities efficiently and accurately. It caters to the needs of the retail and distribution business and manages accounts, drugs batches and composition wise inventory, automatically reconciles bank transactions. The pharmaceutical software solutions can also provide customer details, generate reports and file tax returns for pharmacists.

The pharmacy management software is a complete solution that performs all functions from planning, sales, in-keeping with the regulatory mandates for retailers, wholesalers, dealers, and distributors. Such software helps pharmacists and store owners respond effectively to changing market trends and capitalize on all opportunities to provide excellent outcomes. With intuitive dashboards and mobile tools, this software is suitable for multiple stores simultaneously to easily track, manage, and improve business performance.

Pharma software solutions assist in recognizing the store’s best customers and help retain them through promotional schemes, discounts, and loyalty programs. Pharmacists can exercise complete control on the entire pharma distribution chain with the help of the pharmacy software.

The pharmacy software provides transparency to any business process. It is a boon for pharmacists as it helps them operate their business more competently. It also makes sales and profits more predictable and increases clientele. Let’s read about some essential features of the pharmacy software.

1. Recognizes Expired Items: The online pharmacy software system is a great way to manage pharmacy operations as it does not make bills for expired products. This software alerts the staff at the counter about the expired medicines and helps the store owner to systematically purchase new items.

2. Systematic Sales: The expiry dates of products get displayed when the billing is done for different batches of the same product. The right batch of the item is chosen based on the FIFO (First In, First Out) and LIFO (Last In, First Out) policy.

3. Maintain Separate Registers/Folders: The store owner or pharmacist can maintain a separate register that has details of all the drugs stored in the store with the help of the pharmacy folder. This is a great feature as it keeps track of the composition of medicines and provides substitutes of the medicine that is not available for sale. This is a life-saving alternative in case of emergencies.

4. Patients Medical History: With the help of retail pharmacy software systems, store owners and pharmacists can monitor the patient’s treatment as per defined safety standards. Pharmacists can also access and review the medical history of patients.

5. Barcode Labels: A barcode label is applied to all products before they are distributed to pharmacies and stores. Automate labeling of medication and print expiry dates of medicines with the help of the latest pharmacy software for pharmacy store. Also, the software helps calculate the number of labels needed.

6. Influence Customer Shopping Behaviour: Customer relationship management module of the pharmacy software stores all details about the customer. The pharmaceutical software helps owners send emails and SMS alerts to customers about lucrative offers and promotional schemes. This wins a customer’s trust and increases the owner’s customer base.

7. Automatic Delivery: The pharma distribution software has an interesting feature of automatically assigning orders to various distribution channels depending on the supply date of the items and the number of days needed to deliver the order to the customers.

Pharmacy software has the following benefits for pharmacies:

• It provides a cashier touch screen to reduce the time required to train new cashiers and its cost-efficient.

• It provides prescription tracker and reminder to pharmacists to stock the medicines needed by customers.

• It helps pharmacies to operate their home delivery counters separately and efficiently.

• To retain customers, the pharmacy software helps devise loyalty programs and promotional schemes.

• Pharmacy software helps accept payments through multiple payment modes such as cash, credit and debit cards, payments through mobile wallets and other online payment modes. This makes the process of billing quick and convenient for the store owner.

Pharmacy software has the following benefits for wholesalers and distributors:

• It prepares barcode labels to be applied to all goods before they are distributed. This is important to send the adequate number of labels for any medicine.

• It becomes easy to receive orders and cater to customer’s return requests, as pharmacy software updates store owners about customer needs, unpaid bills and more.

• The software provides updated price lists of products and helps offer suitable discounts to clients.

• The software stores customer details, it also records the start and delivery date of the products and updates the inventory in terms of their availability.

• Communication between administrators at headquarters and service persons becomes quick and information exchange becomes easy.

A digital dashboard provides managers with updated information about cash flows, profit details, best customer lists, product details and vendors.

This pharmacy dispensing software streamlines drug dispensing, encourages patient medication adherence program and manages medical benefits and medical claims.

A pharmacy accounting software helps medical shops and pharma software companies in the process of GST billing, filling tax returns, accounting operations and stock management.

Pharma wholesale software manages all aspects of wholesale operations efficiently and accurately. It supports multi-firm accounting and invoicing operations.

Patient Medication Record (PMR) system is used by pharmacists to deliver pharmaceutical care as well as manage patients. With web-based pharmacy PMR system, data is no longer saved on local servers. PMR system is very important for the pharmacy business.

The online pharmacy system stores all data for pharmacies. It performs complex functions such as managing dispensing workflows, patient/client details, medication lists, and inventories. It also provides compliance management and formulary databases within pharmacies. The online pharmacy software may function independently for pharmacies or may be integrated within an inpatient hospital Computer Physician Order Entry (CPOE) system in hospitals.

Any Pharmacy management software that performs all functions such as email and SMS marketing, inventory tracking and invoice management, barcode and scanning management, manages payment reminders etc. must be used in medical stores. The software will ease the pressure on store owners and ensure quick and reliable operations in a cost-efficient and timely manner.