In the most basic sense, a Point of sale (POS) system is a Glorified Cash Register. The most basic POS system consists of a computer, a cash drawer,receipt printer, a monitor, and an input device such as a keyboard or scanner.
Point of sale (POS) can do some incredible things for your retail business and can help you to improve your Business. It tracks inventory, creates accurate pricing, and generates reports in seconds .The right POS system will give you a new level of control over your operations, increasing efficiency, boosting profits, and helping you fine-tune your business model and growth.
Switching from a traditional cash register to a computerized POS system is a bit difficult task - but many factors to consider and some pitfalls to avoid. However the Return Of Investment (ROI) and benefits to your business can really make it worth your time and effort.
POS system saves money, provide productivity gains, increases efficiency and accuracy in database, and can cut down the amount of time you spend away from the primary focus of your business. Less time with more productivity.