EPOS, short for Electronic Point of Sale, is the product of both hardware and software that has been designed, in replace of traditional tills, to improve the efficiency of how your business is ran.
The fundamental hardware of EPOS systems is the terminal screen which is where you input and process orders through the touch screen interface. In addition to this, you may find optional pieces of hardware that come hand in hand with these systems such as a cash drawer, receipt printer and more. These additional items enable receipts to be printed and payments to be processed, all in one holistic approach. The EPOS software built in, mirrors the shop window of your business containing all the items that your business would sell. Therefore, EPOS systems are fully customisable and are bespoke to your business.
A quantitative analysis is produced from all sales recorded, allowing for easy and convenient access to track the performance and growth of your business. EPOS systems have the ability to generate these detailed reports based on sales that are automatically recorded, whereas traditional till systems only recorded the sales themselves. Consequently, business owners can access the insights of their business performance, saving time and money that would be spent in manually creating these reports. As a result, more time can be spent on your business and you can have a peace of mind that reports are being taken care of automatically.
These EPOS systems showcase a range of different features allowing for easy implementation of any discounts and offers that businesses may be running. View the benefits of EPOS systems below…
Human error from processing payments is eliminated
Optimises the efficiency of customer service
Sales are recorded and stored securely
Maintenance of data integrity
Accurate sales reports are provided
Enables easy tracking of business performance
Easy to update prices or set up offers
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