A POS system is the most crucial factor for any and every business. It is the center point for them. This is the point where customers make the final payment.
POS stands for point of sale. As evident from the words themselves, it is the point where sale actually happens. It is the combination of software and hardware, used to centralize all the business operations of a company. There are various functionalities that a POS system takes on. Some of these include:
- Manage the transactions occurring in a business
- Processes credit cards
- Control the inventory
- Receive and transfer products from one location to another
- Manage post transaction operations, and so on.
Overall, the entire sales structure of a business is managed by the POS system.
And Credit Card processing is no longer optional. People do not enjoy carrying cash. People like Lawyers also accept credit cards. I know this because, I recently worked with this Kansas City personal injury lawyer and i had to pay the fees via credit card.
Example of Food Industry
Every niche industry has some specific POS systems that are made specially for them. For example in the case of food industry, we have Upserve POS that manages each and every functionality you will ever need here. Some of the major features you would need in such an industry includes
- Customer management
- Table Management
- Speciality Ordering
- Online Integration for ordering and food delivery, and so on.
And all of these features you will find easily in the Upserve POS. But still, before you decide on making a purchase for the same, read this review about the Upserve POS first.
POS hardware and Software
When we talk about hardware, the most common ones used are the computers. But besides this, you can also use Apple iPads or Android Tablets. The PC computers are plugged in with your back end server, so all the credit card information is stored on your local computer only. But with tablets and iPads, you are connected on cloud, which might come at an increased price. All the hardware systems are integrated together easily, such as printers for printing receipt, cash drawers, scanners, etc.
The POS software have to be installed on your PC computers beforehand only. But today, instead of going for a downloaded software, businesses are moving towards online POS software as well. You can access this software any time you want, as long as you are connected to the internet. It is the main component that carries out all the required tasks for the sale management.