Understanding Electronic Point-Of-Sale Systems

June 25, 2014 12:39 am0 commentsViews: 235

EPOSE-P-O-S refers to Electronic Point-Of-Sale, a technology which enables an efficient recording of the sale of goods or services to customers.  An Electronic Point-of-Sale (EPOS) system includes a computer hardware, peripherals and EPOS software.  EPOS gives businesses a fast and convenient way of transacting sales while at the same time recording vital information.  EPOS also provides a fast and efficient way of dealing with customers as it handles the calculations involved in sales and issue receipts to customers.  

There are various types of EPOS systems. Selecting the best EPOS system depends upon many factors like identification of your products and services, transaction processing speed, number of entries, your budget and other business considerations. The integrated EPOS solutions are more organized with less cables and a professional look.

Depending on the type of your business, you can select the type of EPOS system that is suitable for your business. For example, if your business involves fewer daily transactions, using a standard PC along with a keyboard and mouse can be more cost effective and practical.

Windows-Based EPOS System

Windows-based EPOS software is more comprehensive with the option of replacement or upgrade in the future; thus, retaining the investment you made for the hardware. It also allows you to choose your desired size and specification of the touch screen display unit. The other benefit of window-based EPOS is that you can also install any additional windows applications of your choice on the same unit and connect it to the internet. You just have to ensure that you keep a backup using USB ports or CD drive.

cloud_computing1Flash Memory-Based EPOS System

Flash memory-based EPOS operates silently because there is no hard disk, noisy fans, or windows operating system involved. They start up quickly and are more consistent in the long run. This type of EPOS system does not allow you to install any other application programs as it is more secure. They include SD slots or USB ports for data backup. The size of the touch screen, software, memory, processor and other features are fixed. However, some systems may allow you to expand the memory.

EPOS solutions on a computer with keyboard and mouse are more cost efficient as compared to the integrated touch screen systems. If you have a Windows PC already, then you can simply connect the touch screen monitor instead of buying the entire integrated system.

Cloud-Based EPOS System

Cloud-based EPOS is basically from a web-based EPOS software provider which hosts them through a remote website. This type of system usually needs a stable internet connection for every computer unit located in the store or sales outlet. You may install an emergency mode for some EPOS units that will allow processing of transactions even when there is internet connection failure.

Pay-As-You-Go EPOS System

This type of EPOS system is similar to cloud computing but runs on an indefinite period of time. With pay-as-you-go EPOS, you can either buy the hardware and the extras, or you can rent new or used equipment. Renting the equipment will require you to pay a subscription fee or a fee for every transaction, on weekly or monthly basis for using the EPOS system. Pay-As-You-Go and Cloud-Based EPOS systems are both ideal options if you have budget constraint or if you run a mobile business.

Understanding these different types of EPOS system will enable you to find out the right type EPOS that is suitable to your business.

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