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What POS System is Best for Your Business?


POS systems have practical features that benefit a variety of businesses. In order to pick the best system, you'll have to consider your needs and business goals. For example, if you run a restaurant business, you'll need a system that can sort prices for different breakfast, lunch, and dinner combos. By working with a company that specializes in sales equipment, you can learn more about POS systems for a restaurant. If you want to simplify the selection process, you'll need to consider each POS unit's design and features.

Design

Many POS systems are manufactured with different layouts, and each layout includes one or more components. The most common POS designs include
  • A monitor/console combo: This setup features a console and a POS monitor. The monitor has a touch screen that processes information about transactions. Data is never cluttered on the panel as this system has a wide, sleek display.
  • A monitor/customer panel: A POS system that has an employee screen and a customer panel can speed up transactions in a busy business environment. As an employee views the main interface on one side of the unit, a customer can process information on a credit card on the opposite side.
  • A handheld unit: If a restaurant has teams that serve food on the go in local neighbourhoods, they can process orders using handheld POS systems. A handheld device can be transported to different locations with ease because it has a compact design. Most units don't require additional hardware as they're usually designed with a built-in card reader. 

Features

Traditional and mobile POS systems have practical features that benefit employees in a variety of industries. The best basic POS features include the following options:

  • Cash management: Cash management solutions help business managers sort coupons and manage returns. If a cash management system has advanced functions, it could also compile accounting reports.
  • Table management: Table management features are commonly included with POS systems that are built for restaurants. After the software is set up, it displays graphics that highlight key areas in a dining space.
  • Order management: Order management software tracks all orders that are processed through a POS system. If a POS unit has wireless capabilities, it can be connected to a printer, and the printer can print detailed reports that feature information about daily sales.

Key Considerations


  • In order to ensure consistent sales, you must invest in a POS system that has solutions for a variety of situations. You can select the best hardware by considering the following things during the scouting process:
  • Processing options: Fees can make the process the completing transactions a hassle. If you pick a system that supports many credit card processors, your overall transaction costs will be lower.
  • Scale: As your business scales, you'll need additional tools for customers. By selecting a system with loyalty program options, coupon solutions, and advertising features, you can serve customers in new ways after your business grows.
  • Compatibility: If you review each POS system's compatibility options, you'll simplify transaction tasks after the business scales. An ideal system must have hardware that's compatible with a variety of business tools. 

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