What is a POS System?

December 2, 2009 by Megan  
Filed under Finance

Want to learn more about POS Systems?

POS stands for Point Of Sale.

This can be defined as the commodities offered for sale, displays and sales transactions.

In here, we’re talking about the POS software and hardware that runs your business from the front counter to your back office.

For a small souvenir shop, a basic POS system would consist only of a computer, cash drawer, barcode scanner, receipt printer and the appropriate POS software. For service organizations, like a lawn care company, doesn’t need a cash drawer or a receipt printer.

But they they may want a laser printer for their service invoices.

Again, you can easily customize a POS system for your particular business.

Remember that the core of your retail POS system is the computer that runs your POS software.

We understand the temptation of using an older computer or perhaps those really low cost computers available at “superstores”.

But keep in mind, the moment it runs, it will be depending on these old equipments, so a good quality computer is a must. 

All custom built-systems use high quality, name brand parts and you can depend on it for years!

Same goes for all other computer components.

Your basic cash drawer may be able to get the job done, but the heavy duty models really are built better and will last longer.

For barcode scanners, a CCD type lasts longer than the pencil want type scanner, but both are still designed to work with flat, easy to read barcodes.

Laser scanners not only have a greater range, but they can also scan barcodes on wrap around bottles, plastic bags or follow irregular shapes which is much better than the CCD scanners.

While barcode technology is improving, so is the printer technology. This machine that performs dependably under heavy use of the industry is used to be a dot-matrix printer, and they’re still fairly popular, but thermal printers are faster, quieter and more affordable.

UPS or Uninterruptible power supplies, or battery back-ups, are affordably priced and can keep your business up and running during short outages and power glitches. Remember, your business will be depending a lot on this POS equipment. If you’re going to be using it a lot, don’t hesitate to spend some extra bucks to purchase the heavy duty UPS models and units.

Keep in mind that your retail POS system cannot only provide you over all control of your business, it also puts a wealth of information at the tip of your fingers.

Imagine being able to compare years or months to date of sales with just a few keystrokes. A database of your customers can be a powerful marketing tool.

Tracking inventory list, creating order lists automatically and adjusting quantities based on seasonal demands are just a few of what a retail POS system can do for you.

To sum it all, a POS system helps you keep a constant eye on your bottom line.

If you want to know more on how to choose the right retail point of sale system provider visit Retail-POS-Solutions to receive information on a system designed for your specific business and retail business needs.

 


 

The author of this article is a retail POS sytem professional who has been counseling businesses of all sizes from single locations to national chains for over 20 years.

 

 

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    Comments

    One Response to “What is a POS System?”

    1. Retail POS on December 2nd, 2009 2:41 pm

      Web based POS software can be run on any computer with an Internet connection and supported browser, without additional software installations or manual updates required. Good Article !!

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