Difference between ePOS and POS
Running a business is all about continually growing and developing. This means that there will come a point where it will finally be time to expand your business. You shouldn’t take this decision lightly, as expanding can be quite tricky. To maximize your chances of success, it’s best to do all you can to ensure that you expand successfully. That is why it is important to understand the difference between ePOS and POS.
One thing that will make expanding infinitely easier is choosing the right type of point of sales systems. When it comes to point of sales systems, you only really have two choices: electronic point of sales (EPOS) or traditional point of sales (POS) systems. While these two systems may seem similar to the uninformed, they have their unique advantages. We’ve put together a brief discussion on POS and EPOS systems.
Point of Sale (POS) is a system where the exchange of goods or services takes place manually. It includes both combinations of hardware and software. Electronic Point of Sale (EPOS) is a software system that performs all business tasks such as checkouts, payments, handling accounts, inventory management, etc.
Epos systems and POS systems are much more different than one would think, although the difference in spelling is just one letter. Epos systems are not just Pos systems with the addition of electronic hardware and components: as connected systems, they allow for many useful business operations to be done automatically.
Which one is for you?
Now that you have a good understanding of these two systems, it’s time to discuss which one is the better option for you. It comes down to the stage of your business. If you are a start-up then there is probably no need to invest in a complex EPOS at the moment, but if you are expanding then you might need to consider it.
EPOS systems allow you to automate many parts of the selling process. Not only will automation help speed things up but it also allows you to cut down on unnecessary labour costs. Once you start to expand, it’s important that you make sure that every aspect of your business is optimised. By running your businesses efficiently, you give yourself the best chance of successfully expanding.
Speaking of efficiency, EPOS systems also streamline the buying process. EPOS systems run to make the buying process faster and to limit the queue in front of the POS terminals or cash registers which means more transactions.
Expanding also means that you’ll need to be able to keep track of all the comings and goings of your business. EPOS systems provide you with real-time inventory and sales reports to identify where you are running low on items.
EPOS vs POS?
We hope this article clarifies how these two POS systems differ. While traditional POS systems may be suitable for your business at the moment, you will eventually need to make the switch to fully maximise the potential of your business.
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