EPOS stands for Electronic Point of Sale and is the equipment used today in nearly all major retail outlets including shops, restaurants, clubs and pubs and many more industries. Think of it as a complete electronic retail system that not only helps you operate the shop front but also runs your business smoothly in the back end.
An EPOS system can:
- Improve the way a business performs
- Keeps detailed information on stock and inventory
- Quick access to important information
- Creates reports on top selling products and low selling products
- Print tickets, receipts and vouchers
By having all this information at your finger tips your retail business can become easier to manage. Using a combination of cash register hardware and EPOS software you can begin your retail facility. After the capital investment of putting your system into place you will soon reap the benefits including:
- Accurate pricing
- Quick transactions
- Reduction in human error
- Improve data collection and accuracy
- Easy application of offers and deals
- Accurate sales reporting
- Updated inventory and stock for accurate accounting, marketing and sales
EPOS systems can be tailored to meet your individual and specific business needs. Along with store purchases, online ordering, telephone sales, catalogues and the like, EPOS is another vital addition in the list of multi channel retailing that ultimately offers multiple benefits for your company and your customers.
Online Cash Registers have helped customers who have previously felt lost with their system, regain control of their business.
If you are interested in learning more about EPOS then take a look at our in-depth articles below: