A Guide to EPOS Systems
If you are a retailer, then EPOS systems may be the answer to your problems. These electronic point of sale systems have been popularised in recent years as a way for retailers to minimise labour costs and improve customer experience.
In this guide at GM EPOS Systems, we will discuss what EPOS is, how it can help retailers and why they should invest in one today. For more information, call us on 028 6772 1689.
How Do EPOS Systems Work?
An EPOS system is a computerised system that helps retailers manage their sales and stock. It does this by automating tasks such as stocktaking, order taking and invoicing. This means that retailers can spend less time on administrative tasks and more time developing their business.
EPOS systems are also great for improving customer experience. They allow customers to pay for their items quickly and easily, which can lead to a more streamlined and speedy checkout process.
Why Should Retailers Invest in EPOS?
There are many reasons why retailers should invest in EPOS systems. Here are some of the key benefits:
Reduced Labour Costs – One of the main benefits of EPOS systems is that they can help retailers reduce their labour costs. EPOS systems are often able to handle complex tasks, like stock replenishment and order processing, quickly and easily. This means that shops need fewer people working on these administrative roles in the long term.
Client Engagement– Another benefit of EPOS is that it helps improve client engagement which allows retailers to develop their customer base. This can be done through features such as loyalty cards, product recommendations and in-store advertising services which are all offered by EPOS systems.
Accuracy – Another benefit of using an EPOS system is that it helps retailers ensure they have accurate information on stock levels at all times. In addition, a well-designed EPOS system can help retailers reconcile their stock levels efficiently, ensuring that they have a good understanding of the items in store.
Different Types of Systems
There are many different types of EPOS systems available in the market today. However, we will focus on two key options: software-based and hardware-based solutions. Software-based systems run on a server that is connected to multiple computers within a store. They allow retailers to access their system from any computer using an internet connection, meaning they do not need to install any software on their own machines.
Hardware-based systems are installed directly onto the retailer’s computer and usually require a dedicated point of sale terminal. While hardware-based systems offer more customisation options, they can be more expensive and difficult to update.