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Coolness is one reason to use an iPad as a point of sale (POS) system.

using an iPad as a POS system provides a lot more than social cachet to small businesses.

Cost savings; A tool for better customer service; The ability to streamline the sales process by providing catalogue and inventory data to customers as well as payment services; It's a good defensive sales strategy; The ease of employee training; The environmentally friendly aspect of e-receipts.

With a POS system:You can analyze sales data, figure out how well all the items on your shelves sell, and adjust purchasing levels accordingly.You can maintain a sales history to help adjust your buying decisions for seasonal purchasing trends.You can improve pricing accuracy by integrating bar-code scanners and credit card authorization ability with the POS system.

Ease of use. Look for software with a user-friendly graphical interface.

Entry of sales information. Most systems allow you to enter inventory codes either manually or automatically via a bar-code scanner.

A POS—or point-of-sale—system is an invaluable business tool that has replaced the traditional cash register with constantly evolving, tech-driven solutions.

mobile and cloud-based POS transactions enable businesses to make sales from anywhere.

Cloud-based POS technology: Today’s POS software is often cloud-based, meaning you can access your POS software and all of its data from any compatible device at any time.

Point-of-sale systems are critical to managing stock, tracking orders, recording customer details, logging hours and numerous other activities that enhance customer service and boost employee performance.

Due to the increasing demand to serve customers quickly, POS systems need to be fast and durable.

As retailers continue to focus on prioritising customer service, their IT systems need to do more than just process transactions.

POS systems are not new to the industry but have come a long way from simple billing machines to delivering greater value to their users.

Hotels should choose a POS that is easily adaptable and fully customisable to suit their specific business needs.

The heart of a hospitality business is in its service and delivery of guest experience. A POS enhances both of these.

you might think that an iPad POS system cannot compete with the level of depth that a full, PC-based system offers

These systems let you conduct all of your sales, track your inventory and more, directly from the iPad. Plus, restaurant iPad POS systems are mobile and can connect to any Wi-Fi network. You can use them at the table or on a counter, or you can carry it around. 

iPad POS systems, you have the luxury of being mobile.

The first one was invented in 1879 by an American shopkeeper James Ritty.

developed by IBM in 1973 – and it marked the first commercial use of a computer-based system used by the restaurant industry. 

POS terminals in its restaurants in 1984

ome restaurants are already moving towards replacing menus with either M-POS tablets or fixed kiosks at tables which customers can use to

ome restaurants are already moving towards replacing menus with either M-POS tablets or fixed kiosks at tables which customers can use to

ome restaurants are already moving towards replacing menus with either M-POS tablets or fixed kiosks at tables which customers can use to

Hotel

A hotels Point of Sale (POS) system is vital to the running of the business and crucial to how a hotelier monitors things like sales, bookings and staff performance. Recent advances in technology have helped to revolutionise the hospitality sector, decreasing service times and increasing the efficiency of sales when completing transactions.

The growing trend of a new technology called Near Field Communications (NFC) is hoped to eliminate the necessity for customers to carry money or credit/debit cards to pay their bills. This NFC technology allows consumers to use mobile devices to process all their transactions, for instance by swiping their smartphone across a special kiosk at the counter, with all the information sent to a central processing system for payment.

Many small businesses are swapping out traditional cash registers for iPads and credit card processors like Square.

Revel Systems hopes to be the go-to iPad-powered, comprehensive POS platform for restaurants.

Along with the iPad-friendly cash register, Revel Systems can be completely customized for payroll, inventory tracking, web ordering, email receipts and more.

Ask any retailer, “What is a point of sale system?” and they’ll tell you—it’s the central component of their business; the hub where everything merges.

“A point of sale system is a combination of software and hardware that allows merchants to take transactions and simplify key day-to-day business operations.”

Software and Hardware Components of POS Systems As we look at the components of POS systems, it’s first important to understand the software options available and what each requires.

There are many reasons why any business could benefit from switching to a POS solution. One of the best reasons is for accounting purposes.

In short, Point Of Sale equipment can lower the cost of doing business while improving productivity at the same time. 

While many POS companies argue that their devices are suitable for any business with a product or service, POS companies are most popular for the retail and restaurant industries.

The high volume of cash and credit cards that pass through a restaurant each day make a POS system a necessary. Not only does a POS system track every penny of your sales, many POS programs also act as credit card processors. This makes swiping credit cards more secure for both the customer and the business. Servers are accountable for all their sales, and it is impossible to alter checks in the computer unless you have the password. This helps cut down on employee theft.

Remember all that money you saved on bookkeeping? You may end up spending it on your tech guy, to help set up the POS and perform any trouble shooting. A POS system doesn’t have the same life span as good old fashioned cash register. You will need to replace parts, update software and eventually need to replace it entirely with a new model. New POS systems come with limited warranties and tech support, but just like every other piece of equipment, the problems always seem to start after the warranty has run out. For this problem, you can always buy extra tech support.

Mobile technology is rewriting the rules for point-of-sale system services. This is creating opportunities for solution providers with security, wireless and broad e-commerce skills.

Tablet computers have accelerated adoption of open system point-of-sale (POS) solutions that integrate multiple transaction methods, including mobile and traditional fixed in-store sales terminals as well as e-commerce sites

One motivation is generational: Entrepreneurs are opting for systems that can "follow" clients and support better tableside service

As was mentioned above, the retail POS systems help in the sales transactions processes. The POS systems are one of the simplest and they are created in a way to operate with the purchase processes in ease and efficient way. Hence, the software has options for entering data which could possibly represent the whole inventory in the shop, for example. Additionally, when the purchase is made, the system automatically counts down the item from the inventory list and helps in that way contributes for improved inventory management. Also, regarding the customer relationship management and providing sales reports, there are other settings that could additionally be set in the particular POS software and all that for the purpose business operations to be more productive. Apart of the retail businesses, hotels and restaurants should have more complex POS systems. This is due to the fact that in such businesses which are service orientated, the POS software applied should be able, for example, to customize various orders from different tables and in alignment with that to keep track on price variations. The fact is that the POS systems that apply to service sector businesses such as restaurants, hotels and fast food businesses should be able to customize and manage multiple orders. Either the example is for fast food business, or dining out restaurant or even a hotel, POS software should operate with various orders made during the service process, and still providing the right bill for the right table, or the right bill for the right room order if the hotel business is taken into consideration. Clearly, when starting a business it is important to take the industry specific POS system into account. Therefore one should not just trying and finding the best deal, but rather invest in the system that will work best to make the everyday businesses activities more effective. Understanding why each system is unique will help when trying to make the decision for what type of POS system to purchase.

Credit card processing is usually the biggest ongoing expense for a small business owner, and because of this, we scrutinized and compared processing rates as well.

HP has released two new POS systems, one of them designed to cope with ambient temperatures as high as 40 Centigrade.

The other can withstand relatively harsh environments such as food outlets where the unit must be located close to the kitchen or serving counter.

Beyond improving the checkout process, an integrated POS system can give you valuable insights into the behavior and purchase patterns of your customers. You can leverage such data on the shop or café floor, but it can also be shared with internal UX analysts, brand marketers, and pricing teams to help inform marketing campaigns and increase profitability. 

Integrated merchant services including integrated credit card processing eliminates the need for manual entry during checkout. This not only saves time but also reduces the probability of human errors. What’s more, integrated card processing makes your end-of-day reconciliation much easier. 

One of the biggest benefits of integrated POS systems is that they facilitate exceptional customer experiences that boost loyalty. By integrating your CRM and/or marketing automation software with your POS system, you can get access to valuable insights into the preferences and behavior of your customers.For example, you could keep track of the products they buy most often or the ones they’ve added to their wishlist and send them personalized product recommendations. In a retail setting, your staff can use such information to make relevant suggestions suited to their interests. You can also leverage the data you have to create loyalty programs and targeted marketing campaigns. Personalized offers, recommendations, reminders and rewards can go a long way in encouraging your customers to make repeat purchases, boosting loyalty and retention. Besides all of this, an integrated POS system also helps you keep track of your best-selling products so you can manage your inventory efficiently. This can prevent your customers’ favorite items from going out of stock and keep them happ