An Electronic Point of Sale or EPOS system is a worthwhile upgrade for any establishment. While this can be an expensive investment, it will probably pay for itself in 1 to 2 years depending on your turnover rates. However, the benefits of having a good EPOS touch screen far outweigh the costs and this can be a good step if you are having trouble monitoring sales and keeping employees in check. This is also the perfect solution if you are straining to keep up with an increasing number of customers.
If you are planning on retiring your old cash register, there are a few things you should know about before making the jump to an EPOS touch screen system. Here are some of the benefits you will enjoy.
Ease of Use
The average EPOS is very easy to use. If you have invested in a system that comes with EPOS touch screen terminals, any employee will be able to handle it given a few hours of training. This way, you can save both time and money from reduced training times as well as faster order processing.
An EPOS touch screen system can process transactions faster than any cash register. Processing times can further be reduced using additional peripherals such as bar code scanners. Faster processing times means that you will be able to handle more customers in a shorter amount of time.
Easy Access to Inventory Information
All of your inventory data is stored digitally. This means that calling up information about specific products will only take a few seconds. In addition to this, modifying your database can also be managed with just a few button presses. Generating sales reports and other operational reports can be called up using tools built into the system.
Higher Employee Productivity
Since employees spend less time processing orders and payments, they will have more time to accomplish other mission critical tasks. The time saved can be used for attending to customer needs or other tasks around the work area.
A good EPOS touch screen system can handle even the most complicated orders and billing details with ease. This means that bills will be accurate to the last cent, which will help increase customer satisfaction while reducing cashier billing errors.
Get Rid of Excess Paperwork
Since all transactions and inventory data are recorded digitally, paperwork can be drastically reduced. Reviewing and modifying data can all be accomplished using any computer or EPOS touch screen terminal.
Reduced Likelihood of shrinkage, fraud and theft
An EPOS system will help in reducing incidents of employee theft and shrinkage. This way, all stocks will be accounted for and employee theft or misuse can be dealt with and discouraged.
In conclusion, an EPOS touch screen system is easy to use and easy to maintain. While the initial costs might be expensive, multiple benefits as well as fast ROI more than makes up for it. For fast growing businesses, digital solutions can play an important role in increasing work productivity as well as efficiency. If you are interested in bringing your business into the 21st century, upgrading your current point of sale system is a must.