How To Know It’s Time To Update Your EPOS? Part - 2

We are continuing from the last blog where we are discussing about seeing of the signs that indicate that, it is the right time for you and your retail business to upgrade your epos system.

4. Accommodating Growth and Change

Retail is continually transforming: we are faced with new markets, emerging products, growing customer demands, changing trends and rising competition. It's important that in-store technology can boost this evolution of retail. Hoping to expand into new nations? If your local POS solution doesn’t support different currency, taxes or languages, you could execute and integrate another solution in new regions. However, integration brings extra costs, challenges, risk and time. Maybe expansion into new geologies is a valid reason to return all your POS solutions, including those used locally. An unsatisfied solution, provides the centralized, real time visibility needs to make informed decisions along with all the worldwide POS standards important for cross-border retailing.

Scalability is also key to developing retailers: in case you're finding that your current system is lagging with new volumes of SKUs, more customer profiles and added stores, it is likely a good opportunity to start looking for a latest POS solution designed for scalability.

5. Secured

Feeling secured with massive POS hardware? Need a complete IT team just to include one more retail POS terminal at wherever there's a sidewalk sale? More number of retailers are designing their new stores with min cash scrap areas that no longer accommodate the clunky PC-based POS hard of the past. Mobile POS has unlimited advantages with regarding upgrading the customer experience, wiping out line-ups and adding additional checkouts when and where they are required.

A significant advantage to current POS is hardware independence: the solution has been considered to be device agnostic. As new fixed and mobile hardware solutions become available, the product won't become out of date, as did some old mobile POS that were designed for specific hardware and operating systems.

6. Lack of Insights

Without data, how retailers can make a move to improve? Reporting and analytics can be a challenge with some older POS systems. Perhaps you're not ready to see web and brick and mortar data next to each other. May be you're lacking with regards to the holistic perspective on your customers. Not only will a modern POS provide omni-channel visibility, but integrated retail analytics modules will introduce data in manners that make it significant. KPIs, charts and graphs are useful tools to help customers with focusing in on the insights they have to implement important change in their organizations.

Whatever your reasons might be for thinking about an update to your POS, unmistakably modern solutions have various points of interest when compared with what was available just a couple of years back. At Epos Direct, we're passionate about retail technology and love working with retailers to find solutions that help them with growing their organizations. We'd love to get hear from you and show you our latest innovations in the POS solutions and other retail solutions.

Conclusion: When you have the any of the above mentioned signs then you should need to take immediate steps to upgrade your current epos system. As a retail owner you should be updated with the latest trends so as to stay ahead of the competition.