The electronic point of sale ePOS system you decide on will do more than just be a cash register that processes payments from your customers. Get it right, and a good ePOS system will help you increase sales by reporting information on overall sales, provide data on your best selling products, improve stock management efficiency, and provide product information for sales staff.
Whether you rent or buy a system will depend on your needs. Both have advantages and disadvantages. Renting costs less to start, but the costs will add up over the lifetime of its use. Buying is more expensive initially, but if nothing goes wrong, it's cheaper in the long term. However, should there be problems, a rental agreement is likely to include a level of maintenance and servicing. With a purchased system you can customise it to work exactly as best fits your business. However, a rented ePOS system can be upgraded quickly as new technology emerges.
ePOS system features vary a lot depending on the manufacturer, and the mix of hardware and software used. Have a list of features to hand before you start looking, and prioritise those that are the most important to your retail business. It might be ease and speed of use, stock control, customer management, and exchange and return management, for instance.
Flexible hardware choices may include a PDQ machine to process a debit or credit card, touchscreens, barcode scanners, a receipt printer, and a keyboard for manual input of information and product information searches.
Your EPoS system should allow you to choose who can access the system. This enables you to safely handle your financial transactions, decide who should handle refunds, and track who accessed your system. This increases security and lets you quickly set roles within the company without worrying about mountains of paperwork and re-organisation.
A top tip is to ensure your ePOS system works offline, so even if you are experiencing technical issues in-store, your selling will be uninterrupted.
No matter your sector, the future is digital. Choosing to deploy an EPoS system with your business allows you to not only take online and digital payments but help prepare for any changes that may happen to the market. Choosing an EPOS system that is fully integrated with your card terminal increases convenience for you and your customers, with faster transaction times saving valuable time and resources when you need it most.
Software should easily handle aspects of your retail business such as inventory management and customer management, and the ability to co-ordinate with your website’s online shop pages. For instance, each time a customer buys from you, the Point of Sale system will automatically update your stock list. This creates further efficiencies in terms of shelf restocking and knowing when to reorder in a timely fashion. Reporting features in the software will also allow you to manage your stock effectively, and analyse buying requirements.
ShopTill-e ePOS system can work with your existing hardware, it’s a central hub that can power your in-store sales and your online sales saving you time and effort with inventory management , your products, sales and customers, allowing you to work smarter.
What’s more, there are no setup fees or cancellation fees and you aren’t tied to a long-term contract. You also get to try for free with a 14-day free trial. Contact us today.