OUR EXPERIENCE
WHAT’S THE BEST
SOLUTION FOR YOU?
Comparing Cash Registers and an EPOS System
For a new business, the choice of a cash register or EPOS system may simply depend on the budget of the retailer. Before you select a cash register or an EPOS system, you need to understand your business needs, the cash management options and EPOS hardware available.
The functionality of each cash register will vary by business type so it is important that you determine what type of system is most efficient for your business;
What tax must your business collect on a sale?
How many products will you carry?
How many products do you plan to carry in the future?
How busy will your store be (footfall)?
Will you need more than one terminal?
Will you accept vouchers?
How will your staff process refunds?
What types of payment will your business accept?
Will you do gift cards?
Will you have a loyalty program?
BENEFITS OF
CASH REGISTERS
Low cost for startups
Easy to use
Few components
Basic functions and reporting
Long life as it does not need constant updating
Businesses are always looking for faster, more efficient ways of doing things. As a result, many businesses are opting for EPOS systems. If you want to keep track of inventory, marketing information, employee work hours and other business data, you will most likely be looking toward an EPOS system. A cash register records sales transactions, gives change and holds money. An EPOS system is a computerised system with extended capabilities including handling financial transactions, tracking inventory and recording business data. In general, EPOS systems are more efficient and have greater business reporting capabilities than a traditional cash register system.
BENEFITS
OF AN EPOS SYSTEM
Comparing Cash Registers and an EPOS System
One of the biggest challenges that businesses face is keeping the correct number of items that a customer needs in stock. The correct EPOS system can fix this problem by acting like the gatekeeper of inventory tracking systems. All inventory information is computerised in an EPOS system meaning businesses can easily track which items are popular and not so popular.
This system keeps track of every item sold and can suggest stockholding levels based on previous sales transactions and can also automatically reorder when stock falls below a pre-set level of your choice. Unlike cash registers, EPOS systems can be customized to fit the needs of the businesses that use them.
More detailed reports
Inventory management and control
Customer relationship management capabilities (CRM)
Marketing tools
Omni-channel capabilities
Improved accuracy
Loyalty programs
Gift Cards
Easily grows with business
RENTAL CASH REGISTERS
AND EPOS SYSTEMS
Contact us now if you would like advice on the best solution for your business or would like to discuss either short or long-term rental of cash registers or EPOS systems.
For more information call Keith Jones on 086 170 4671 or email kjones@officestuff.ie.