- July 2, 2021

Cash Register vs Point of Sale Systems

When compared to conventional cash registers, there are numerous point of sale advantages and benefits for your organization.

If your company still employs a credit card machine and the ECR, you’ve certainly pondered improving to a full Point of Sale (POS) structure at some point. However, if you’ve been debating upgrading in the past, there’s no perfect time than now. POS systems are more user-friendly and cost-efficient than ever before.

You will experience benefits from a POS system in other areas of your organization, not just at the point of sale. It’s time to retire that bulky cash register in favour of these 10 point-of-sale benefits you can rely on.

Enhanced Efficiency

Your organization will function more efficiently if your tellers have the necessary devices to help how they work. You wouldn’t expect a builder to construct a home without the need for nails and a hammer, would you? So don’t expect your staff to reduce point of sale times if you don’t provide them with the necessary equipment, such as a barcode image scanner and a Point of sale.

Utilization Ease

Cash registers are becoming increasingly obsolete as analogue technology fades from use. Everything is computerized these days, and everything is touch-screen. Using a touchpad has turn out to be second nature to almost all of us. POS software with an insightful design is straightforward for personnel to understand, which reduces training time and helps them be more valuable overall.

There are many great services that offer POS system installation in Melbourne. You can easily get a system up and running in no time.

Payment Capabilities Expansion

Benefits of POS have included the capability to accept a variety of payment forms, such as EMV chip cards, NFC, and portable wallet payments such as Samsung Pay, Apple Pay and Android Pay. You may enhance income and customer happiness by allowing your clients to use numerous payment methods.

According to a most recent survey, 44 % of responders prefer to pay with debit cards, while 33 percent prefer to pay with credit cards. That implies currency is gradually losing its throne, and there is a new leader in town: plastic.

Greater precision

A point-of-sale device with such an easy-to-use touch screen gives your salespeople and cashiers instant access to all the info they require. It removes the need to manually enter prices and items as you might have with a cash till. With real-time data, POS systems improves the accuracy across your full operation. By removing the want to enter or upload data into back-office systems, the danger of human mistake is reduced.

Inventory Control

Point of sale technology, unlike with a cash register, has comprehensive inventory management features. POS software will save you days of managing inventory each week, from monitoring a product’s stock on hand to setting up reorder prompts and a retail grid. The best aspect is that your POS system will also provide you with real-time inventory data, something even the best cash registers cannot provide.