How To Choose The Best EPOS System For Your Business

Buying epos system is important for your business. While the right system streamlines process and saves you time, wrong system complicates simple tasks and complicated. You need a system that makes it easy to ring up sales, manage stock, record customer data, assess staff performance and generate sales reports. It should also share sales data with other accounting software’s.

There are many epos systems which are available as apps for iPads and Android tablets. These systems cost less and occupy less counter space than normal systems without giving up features or functionality. You can use them to check out at customer’s tableside or from anyplace in the store, or accessorize them with stands, printers and peripherals. Tablet POS systems are easy to set up and intuitive to use. Since they are cloud-based, you can keep tab on your business and access back-office features.

Before choosing a tablet POS system, think about which platform you like. Although a few systems keep running on both iPads and Android tablets, most are platform specific. If you as of now have tablets that you need to use or strongly prefer one working system over the other, you'll need to search for a good system.

You also need to think about whether you need an industry-specific solution. Many POS providers offer retail or restaurant software, however some offer both and can be set up for businesses in either industry or service based organizations. Add-ons and integrations are available for these systems, allowing you to customize them with the specific features as per your business needs.

1. Look for transparent pricing and month-to-month service: 

Older POS systems require you to buy a software license, pay annual service fees and sign a multiyear contract. You'd also pay to upgrade to the updated version every year. In contrast the majority of the latest cloud-based POS providers offer their product as a month to month subscription that you can cancel anytime. They often post their plans online so you can see precisely how much support costs and which features are available. These systems are updated frequently, month to month, and you get the latest features.

The advantage of monthly service is that you're not locked into an agreement and you have the flexibility of switching systems anytime without paying any charge. Rather than being stuck with a system that you're not happy with and choosing if it's justified, it to pay a few hundred pounds to leave your agreement, you can proceed without penalty.

2. Don’t lease epos hardware, buy it: 

In spite of leasing enables you to get all epos hardware you want it for a low upfront cost, industry specialists strongly advice against it, because in many of the cases you may end up paying more amount than the cost of the hardware and you won't even own it when the rent expires.

Moreover, most leasing agreements are non-cancelable, so regardless of whether you close your business and return the equipment, you're still on the snare for everything remaining on your lease. Rather, you should purchase the hardware outright, regardless of whether that means you start with simple basics and add extra accessories when you can afford them.

3. Select an epos system that gives you a chance to choose your payment processor:

A few POS systems are perfect with almost all major processors and others give you a bunch of good processors to browse. In any case, a few POS companies also provide services and require you to use them. Since credit card processing can be costly, you need to choose a epos software provider that gives you a choice of payment processor, allowing you to comparison shop and select one that offers low rates and fees.

In case if you already have selected payment processor or are under contract with one, the primary thing you should do is ask the company which POS systems it's compatible with. Then you can choose a system without having for another processor and pay a fine to escape your contract early.

How Epos System Can Be The Future Of High Street Commerce

In recent time there's a lot of talk about the 'death of the high street' in media. While the fact is that there are more number of people shopping for goods and services online, still there is a high demand for interactive high street trade.

From retail stores and cafes to restaurants and bars, the high street is as vibrant as it ever was, but the expectations in the customers have changed. Now the brick and mortar stores are competing with online outlets, experience means everything. Your physical space on the high street can offer many things that can’t be offered by your online competitors - a unique, tailored and personal experience. Some part of that experience is the speed and ease at which you can serve your customers and that is the place a professionally installed epos system can make or break your business.

Making convenience convenient with a new epos system

Every business look to please its customers, while it's pleasant to see the occasional queue forming (as your product is worth it), you don't want your customers to be put off as they can’t get the services in a timely manner.   Many number bunches of businesses will spend time refining their service to perfection, as many of them fall them when it comes to the simple task of collecting money from the customer. Why spend weeks training your baristas to churn 20 perfect cappuccinos in less than 5 minutes, if your epos can't cope with the load? Instead of reducing the bottleneck, you're simply moving it.

Spending some time thinking your epos system can get out of this problem

It's not only your customers who get profited by the convenience of an epos system however - you and your team will also find a good epos system an individual tool for managing with your business. Regardless of the industry what you may have, a well placed epos system can help you and your staff to track inventory, apply discounts just with the tap of a button, save orders, issue refunds and more - all with varying levels of access and security relying upon the setup of your team. 

In any case, not all epos systems are manufactured equally, so make sure to shop around and discover original manufacturers who wouldn't mind configuring and installing the right system for your business.

Why You Should Invest In EPOS System?

If you are operating a retail business, having a top quality epos system is essential. Epos system is a solution that combination of epos software and hardware to centralize operations related with selling goods and services to your customers. Basic POS systems let you take payments, however high quality POS systems do much more than that. The following is some information on what the best POS system can do for your business.

Save Time

Regardless of whether you own a retail store, a restaurant, a bar or some other kind of business with stock and sales, managing your stock and accepting sales are probably two of the most important elements of your business. You have to make sure that you have the right amount of item to stay up with the demand. You also need to guarantee that each penny is accounted for.

These processes can take a great time if you have to reconcile records by hand. Even doing them with automated POS systems can be challenging if it doesn't offer the right user experience. A high quality POS system is worth investing in because it can save you time and money by being easier to use.

Improve Customer Experience

Have you found waiting at a cash register while the staff struggles with the POS system? Quicker, simple sales don't just profit the business team as they benefit the customers as well. Finding the best epos system for your business can help make your customers happier.

High quality POS systems also offer options such as loyalty programs and customer data collection. This gives you a chance to reward your customers for shopping with you and inform them about promotions and updates they might be keen on.

Simpler Training

Trying to train a new staff member on a byzantine POS system is unpleasant for everybody. You or your senior member needs to spend more time on how the system operates, taking time from other important work. Simultaneously, the trainee is likely feeling daunted by the complexity of the system.

High quality epos systems offer simple to use interfaces that anybody can get quickly. In this way, you can invest less time trying to clarify the technology and spotlight more on time and energy on customer service training or other high valued activities. Again, this can quickly provide a substantial profit for your investment.

Reduce Mistakes

If you have ever discovered a mistake in your stock numbers or sales figures, you realize how frustrating reconciling mistakes can be. Regardless of whether they are caught immediately, undoing errors is frustrating for the staff member and the customer.

Putting resources in the best epos system for your business is the answer to this issue. High quality POS systems provide intuitive software that decrease mistakes. That means less time wasted by your staff and a lower chance of figure out errors when you reconcile your records.

Powerful Reports

Data drives business in this world. Pioneers from small and large operations depend on data to help them make better decisions. Quick access to relevant and useful information is constantly a positive thing. It is far away better when you can easily wade through the less helpful information.

The best POS system for your business is one that lets you access useful reports and customizes your own. That way the essential information that you rely on is consistently at your finger tips.

Simple Integration

Chances are your POS system isn't the only technology you use in your business. Despite the fact that high quality POS systems can manage with a lot of your business operations, they can also integrate with other software to make running your business less complex. Maybe you want to automatically important sales figures into your accounting software, for example, Quick Books or Sage, or track your team member’s time. This can be achieved with integrations.

Investing in Quality POS Systems is Good for Business

Find what the best point of sale system can do for your business. No matter of organization you run, if you accept payments from customers and manage stock, a high quality POS system can help you to maintain your business all the more easily. For the above reasons and more, it is an investment that offers a quick return.