Even though your current traditional POS toolset has served you well quite over the years, you will eventually realise that your business needs might have outgrown it. Now you must be thinking if there is a better alternative that could keep up with your business needs without the usual growing pains. Luckily, there is. This is where the unsettling debate of POS vs EPOS begins. Since it is a one-time investment that keeps reaping the fruit, one has to make sure to choose the right option; undoubtedly, a good POS system proves to be an effective tool for any business. A good POS system can play an essential role in increasing sales, building a customer base and managing inventory. It can go a long way, making sure that your functions and operations work smoothly. Before jumping on to the elements of difference, let us put some light on more advanced technology, EPOS system. What is POS? A Point of Sale (POS) is typically the place where a customer makes the payment for the services or products purchased. Every time a customer purchases from a store, he/she completes a POS transaction. It can be stressful when it comes to choosing the right and convenient Point of Sale Laptop hire UK. What is an EPOS System? The Electric Point of Sale (EPOS) system is typically a union of EPOS hardware and software which is used to deliver smooth and efficient business operations. A business owner can process, track sales and other business procedures quite easily with the use of Electronic Point of Sale system. How to get wifi for an event Let us make this simpler. The EPOS system partners the business till making the transactions more seamless. With every sale you make, the data of sale and payment is synchronised to a cloud-based suite. The cloud-based EPOS enables you to have a better understanding of your business performance as you can know exactly what’s happening in your business anytime. EPOS Software EPOS software is the program that we use to run our stores. It is crucial to have an EPOS software that suits your business needs as it is a key to successful retail management. You can download it on your existing device, or you can get it for an entirely new setup. It can perform various tasks like stock tracking and control Computer Rental, purchase and order processing, integration with an e-commerce website etc. One of the notable benefits of this software is that if your vendor allows you to operate the software offline, you will not lose any transaction data even if your internet connection cuts out iPad Hire Chicago. EPOS Hardware The core EPOS hardware comprises of a terminal screen where you can process payments and input orders. iPad Hire & Touch screen monitors and screens are usually affordable. You can also use an iPad or a computer screen as per your need. The touchscreen monitors, however, allow faster entry of data than the keyboards at the point of sales. Each business has hardware components as per their business requirements. The EPOS hardware components typically include a cash drawer, card reader, receipt printer, PDQ terminal (to accept credit card payments), a customer display and a barcode scanner (essential for the hospitality industry) iPad Floor stand hire. Advantages of EPOS over the Traditional POS The EPOS system, as it is high-end technology, is more advantageous for businesses in the digital era VR Rental. Let’s explore why. Accessibility of Data With the use of EPOS, the business owner can access data from wherever he wants at any time. He can monitor all the business activities IT Rentals real-time using any device with an internet connection like a phone, computer or a tablet. It enables them to make changes online without the need of being there in person. The traditional POS, on the other hand, lets you access data only on-site. The owner has to be present on the site to make any changes to the items, menus, reports, etc. Minimised Risk of Data Loss The risk of losing the sales, customers or any business data is minimised with the use of EPOS system, as all the data and information are stored in remote cloud servers. Even if your internet connection is cut down or the system crashes Access Point Ruckus Rental, the data is still secure because it is backed up automatically. Whereas the traditional POS stores data on the local servers, there is always a risk of losing all your data if the system encounters a bug or crashes. Cost-Effective and Easy Installation Traditional POS systems are often too expensive, and they have a higher upfront cost. Their software is updated manually on-site, so they require a maintenance fee as well because it requires labour and time. However, it is not the same with EPOS. These systems are often cheaper than traditional Laptop Rental for Business because their installation is not as complex. They follow the subscription model of a monthly or yearly fee and have almost no upfront cost. This is because the software is updated automatically, the cost of which is already included in the subscription. Businesses have entirely changed, and so did the payment methods. With this, all the businesses need to do away the old POS. The EPOS system is an alternative which not only makes transactions much more seamless but also lets you avail more flexibility with greater security and accessibility of data and with its smart solutions, enables you to keep up with the technology in the hands of your customers AV Rental.
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