What Is POS?
What is POS? If you don’t know what it is yet—it is highly advisable to dig deeper into what it is. POS (otherwise known as Point-of-Sale), is that exact point when your customers are willing to pay for their purchases. Of course, this means that it is also that exact moment when you are about to make a sale. Obviously, the point of sale is important to business people like us. After all, when you make a sale, you make profits, right? However, fact of the matter is: If you don’t have the right POS system in place, there’s still a chance that the sale you’re aspiring for may become just that: an aspiration. Yes—whether you like it or not, you need to take care of your POS. Otherwise, the sale won’t push through, and you’ll end up frustrated (and probably losing money at the same time). A modern POS system typically includes:- The ability to accept all types of payment, including credit cards, cash, and checks
- Inventory control
- Employee time management
- Advanced data analytics
- Cash register
- Cash drawer
- Receipt printer
- Barcode scanner