If your employees will use the POS system, you would like to regulate the info and functions they will access. For instance, maybe you simply want your store managers to handle refunds, or perhaps you would like all of your cashiers to possess this ability. Consider whether you favor role-based permissions or if you would like to line permissions individually for user profiles. Also, does one need it to possess a time clock so your employees can punch in and out using the POS system? If you’re already using time and attendance software, will it integrate with the POS?
All POS systems can generate reports, but the number of reports, specific report types and customization options differ between systems. Does one need data on your sales per hour so you’ll staff your business more effectively? Would an inventory of your best- and worst-selling items assist you to refine your product mix? Does one want the system to email specific reports to you automatically?
Which POS Hardware Features does one Need?
Do you need real-time reporting that you simply can access employing a mobile app? Most web-based POS system has integrations or apps that make it easier for you to share data between systems. for instance, connecting your accounting software to your POS system saves you the time of exporting sales data from your POS system and manually uploading it to your accounting software. Search for a POS system that integrates with the business programs you already use, like accounting software, payroll, e-commerce platforms, and email marketing services. You’ve got tons of options for POS hardware and the way you configure your system.
A basic POS station features a tablet or a touchscreen, a MasterCard reader, a cash drawer and, and a receipt printer. Some POS systems are compatible with additional peripherals, like a: Tablet stand: Holds the tablet in situ
Barcode scanner: Makes it faster to enter items into the system at the checkout station.
Buying, Leasing and “Free” POS Hardware
It’s always best to get your POS System terminal upfront, albeit meaning starting with just the fundamentals. You’ll pay much, far more than the equipment is worth if you lease. Plus, leases have non-cancelable, multiyear contracts, so albeit you leave of business and return the equipment, you want to continue making lease payments. Some companies offer “free” POS terminals, but this will even be costlier than buying your equipment upfront.
To urge this deal, you’re typically required to sign a lengthy contract for the company’s Mastercard processing service. Most also charge a monthly fee for maintenance or insurance, additionally to Mastercard processing fees and therefore the POS software subscription. If it is a “free placement program,” you will be required to return the equipment if you shut your account when the lease expires. Proprietary POS System only works with the system you’re purchasing it for, so if you turn systems, it’ll be unusable.