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Point of Sale (POS) equipment is the computer-based order-entry technology many restaurants use to capture orders, record data and display or print tickets. Restaurant servers, bartenders and cashiers can all use POS systems to easily enter food and beverage orders.In fact,it has the ability to perform a multitude of functions, including the following: Calculate cash due for every order entered Record the method of payment Keep track of the cash in the cash drawer Create hourly and daily sales reports Allow hourly employees to clock in and out Calculate labor and payroll data Record daily check averages for each worker Keep track of menu items sold Record information on repeat customers Some of them we are familiar, some we are not. And more important, how to choose a right POS for our business is a keyEvery POS system differs based on its software, hardware and application. When looking for a POS system, do some research online and check out several different companies. You can even request a demo from a salesperson. Make sure the POS system you choose is one that fits your restaurant concept, service style and business needs. After all, this software can take a big bite out of your budget. And in this article, the author show us so many aspects should be concern when we decide to buy the POS.

The point of sale (POS) is more commonly used these days with the advancement of technology. Many restaurants use it in restaurants for many reasons. One of the reasons is to organize the orders and sales that are being processes. Not only it helps the employees to gather their information, but it is also accurate to make reports. This machine is efficient in more ways than we think. This article also point out the POS capabilities and how it works. This machine has a description of each item and the amount, it organizes the payments, creates daily financial statement, evaluate payroll, and do the calculations. Now how it works, it keeps track of the credit card payments that have entered the system, creates reports daily, and systematize the cash, etc. It is very easy for employees to access the device. First they have to enter their name, enter the order of the customer, send the order to the kitchen so it can be prepared, then wait till they ask for the check to collect the payment and register it on the POS.

This article indicates the importance of the POS system. It introduces POS system from different aspects, including POS capabilities, how employees use POS system, where to set up the POS, specific POS configurations and what to look for in a POS system. 

Mobile point-of-sale systems are set to become the most revolutionary of breakthroughs in the transfer of currency since the invention of the cash register. We can experience Mobile POS very often in shops like Nordstrom, Apple. It is a very convenient way to free customers from long waiting line in front of the cashier counter. In shops like Apple , you can just simply grab any sale assistant and ask them to do the check out for you on their POS iPhone. Despite its many benefits, mobile processing will not supplant traditional POS overnight. One hurdle that must be overcome in the public conscience involves security. Many people don't trust people swiping their credit cards on iPhone and without any printed receipt. However, once mobile POS does become commonplace, it will be a boon for businesses of every size

This article tries to introduce the point of sale system. It recommends that it's time that your business did away with its cash registers and stepped up to a point-of-sale (POS) system. And the author lists seven reasons to convert businessman set up this system. First of all, your "sudden shrink" no longer goes undetected. It means that the system which has a receiving and inventory module that, when used properly, it can help you to pinpoint the cause of the shrink. Second, Markdown management is much easier. Compare with wrestling cash-register receipts at day's end, a POS automates the process of introducing markdowns and, in turn, tracking them accurately. Thirdly, Promotions can be tracked more successfully. Promotion is necessary for a business. However, the problem is recording shorter specials. Here, the POS system can help you. Then, you can maintain control in absentia. . Many operations suffer in employee efficiency and customer service when the boss is away. Automating a host of functions via a POS can help boost those areas, no matter where the head honcho happens to be. Besides, Your prices are consistent from one location to the next. If your business operates at more than one location, a point-of-sale system ensures pricing consistency. What's more, a POS system can help to keep stocks in proper balance depending on demand and other factors, which can vary from one location to the next. Sixes, you get many tools in a single package. At last, you can make better use of your personnel. The author thinks the greatest advantage to a comprehensive point-of-sale network is that it can afford your personnel to devote their energy to customers. In a word, the author gives us seven advantages of POS and recommends strongly applying it on business.

I liked the part that discussed how this would limit theft, as we know that is a big problem in most establishments. Anytime you can eliminate a calculator and human math is a plus. Recepits can easily be lost. Also consistency is a big part of it, especially if you have more than one establishment. good article!

This article breaks down why POS systems in multiple restaurants still are not relevant due to the price of them and how some restaurants prefer the old fashioned way instead. It also explains the major benefits of POS systems in restaurants and how it can make tipping harder.

The article talks about a integrated cloud computing system developed by HP for the travel and hospitality industry. It will allow a user to book a flight, hotel and car rental all using one system which will then generate a electronic receipt, thus also rendering the operation paperless. Articles like this shows us that we are in a ever changing industry, our adaptation needs  to be immediate if we want to keep our customer happy. Programs like this let us know that our customer can also come from the most unexpected places in the world, because we are not just providing a service like hotel or restaurant, we are serving a much larger  objective for our customer which is 'the need travel" 

This article speaks about combining all aspects of travel and hospitality that guests utilize. For instance, hotel, car rental and flight. This is a really good idea because it makes it easier for the guest to pay for and make travel arrangements.  It also allows for collaboration between the industries which would, as the article says, change the travel and hospitality industry. Creating the system in the cloud makes it easily accessible to all those who would be collaborating. There would be no need to host the server because that would be an extra expense. For this idea to be implemented, serious considerations and development have to be looked at for an internet back up. Should companies accept the Agilaire Passenger Service Solution cloud network, then their success and functionality depends on the constant functioning of the internet.

This article talks about how does the tourism industry had develop in the past years and how connected are all the branches that form part of it. Hotels, Airlines, Car rental, are the basics of this industry. With all the technologies growing faster, these business still complain about a miss conection between them. This is what HP is trying to fix, developing a Agilaire Passenger Service solution to create a foundation on top of which the company is bulduing a new scalable cross-company reservation and billing system that will reside in the cloud. the basic idea is to allow companies in the travel industry to leverage a common transaction processing system built using modern Linux, Java J2EE and service oriented architecture (SOA) technologies wrapped around an easy-to-use interface. Where this gets interesting from a business perspective is that if you can break down the transaction barriers between companies in the travel and hospitality industry. We can see how the cloud is growing and helping industries to be integrate all together

Shift4 develops payment technology for various types of business. The hotel I work in uses it to process gift cards. This article describes the company's newest endeavor with emerging technologies, in this case Google Wallet. Companies using Shift4 will now have the functionality of letting customers use Google Wallet, paying for a purchase by tapping or swiping your cell phone on a special screen, in a seamless integration with their current POS. Google Wallet or the iPhone Square Card Reader are technologies that businesses need to take into consideration when developing or enhancing their POS. Shift4 seems to be the front runner in offering this add-on. I imagine other payment developers will follow suit.

"Gaylord Hotels has implemented a mobile point-of-sale (POS) solution from Daily Systems, for poolside ordering and payment that provides prompter and more personalized service...a cost-efficient solution that would enable it to provide more attentive and personalized service to its guests." With ACRES of pool area to cover, this was the only solution viable to maintain guest expectations of service. Implemented was a wireless hand held POS system integrated with IPad touch combined with Daily Systems' iAPS sled, providing "all-in-one" bar code scanner, credit card and smart card reader, and receipt printer. Not only does this new system provide enhanced customer satisfaction through more timely, accurate and better overall customer service.", but it also provides technologically adept guests tools that match their lifestyle, thereby adding 'modern' to the Gaylord Hotels reputation.

This article deals with the seven main reasons on why a company should switch to a point of sales system. There are a few different systems for example Microsoft Dynamics Retail Management System. There are seven signs that your business can boom if you consider using pos. POS allows you to always know your inventory going out and in stock. Marking down merchandise is always correct and accurate. Promotions can be tracked more successfully, especially if you have more than one location. You can always have some sort of control, even when the boss is away. The business can also get m multiple tools with pos, such as payroll time clock and customer preference databases. Last, businesses can place their human employees where they really need to be, helping customers.

The normal POS system, which often includes hardware and software, such as receipt prints, and cash registers, is designed for large size business, such as chain restaurant. However, for some small business, the regular POS system is so expensive. Fortunately, the online POS system company offers a chance that small business can use POS system by internet. The technique is similar as cloud computing. Users do not need purchase any hardware. Moreover, those companies also provide some special services that based on internet. For example, one company combines POS system with social media, which allows users move between the online point of sale interface and their business or personal pages. In that way, customers are able to tell their online friends about purchases, thus increasing referrals. Additionally, another company -Vend offer the solution of a lost Internet connection by providing both on- and offline performance. If for some reason the connection is interrupted, the program continues to operate, offering automatic data synchronization when the Internet is restored.

Peppered throughout this article on Groupon's CEO Andrew Mason are snippets of knowledge or understanding of the importance of efficient accounting systems to run a successful business. While working as a host in a restaurant, Mason learns first-hand the inefficiency of its RMS, stating that there are 2 separate systems for the front and back of house. His experience working in a small business is a stint to help develop more relevant and seamless applications and software with merchants to help them manage payment and inventory, rather than inundating them with coupons, customers, or no business at all. The major takeaway related to this class is that finance and accounting are so unappealing to businesses that even the CEO of a major public company was surprised by how disorganized, even non-existent, an efficient POS was within a small restaurant in Chicago. And perhaps that is also a reflection of his own business model, as Groupon has been reported to have lost money, and even passed up a billion-dollar deal with Google. To survive, any business, large or small, must approach their finances intelligently.

This article reveals that Revel Systems is expanding its point-of-sale products with Beautiful Brand International. Revel Systems is well-known for creating the mobile point-of-sale system for Apple used by numerous restaurants and retails. Other popular restaurants currently partnered with Revel Systems are Camille's Sidewalk Café, Dixie Cream, FreshBerry Frozen Yogurt Cafe and Rex's Chicken. This POS system provides a quicker checkout option for customers and offers hotel/restaurant managers the option of powering the software using the cloud or an iPad application. This provides the company a cost efficient, easy to use program that has the ability to customize payroll, track inventory, email receipts and allow customers to make orders online. Most managers who invest in this program make it a requirement for all their companies to utilize in order to provide a systematic approach to maintaining their database and ensuring all locations are managed the same. This is such a popular and competitive tool that Revel is already making $80 million since its origin in August 2010. A major advantage of this system is that it provides the ease of accessing documents with its reliance on servers hosted in the cloud. These systems are quickly being adopted by restaurants mainly because customers are impressed with the style, speed and reliability. Revel Systems forces busineses to upgrade their POS systems in order to meet security standards. This will result in a $34 billion POS market by the end of 2012. Companies selling these systems make businesses believe they need POS systems in order to run their business efficiently. They explain that with servers hosted in the cloud, management is enabe to see data in real time from any location.

The article talk about a POS company that has developed a complete system for retail or restaurant stores that runs on the IPAD and the Cloud. It lowers the entry barrier by more than 75% compared to a regular MICROS POS system, they do this by not having a in house server and using standard hardware.  One of the advantages of using this system is that you can monitor your sales real time on any location that might be using the system.

This is a POS system named AccuPOS which has come to Android, you can download it in your phone. And it is a full featured solution that is ideal for whatever type of restaurant you manage. such as buffet, fast food restaurant. Also, AccuPOS includes features like guest tracking, detail order histories, contact management and automated delivery addresses on to-go-receipts and it is easy to learn and use. And this software system is designed to perform with the best quality hardware and proviede wireless device support, the it is good for kitchen area operation and receive the order from FOH. The last, this sysem can analyze the sales data that can be approached from a variety of time periods to ensure you have a bird's eye view of your business.

This appears to be a good solution I like the integration with accounting package and that the system can work with phones and other hand held device. The fact that this system can manage time and attendance means that a stand alone restaurant would not need to get another system for this function.

When Pilot Travel Centers chose to deploy the NCR RealPOS workstations in 306 travel centers nationwide, it was a definite sign that POS has become a standard tool for the travel industry. Pilot operations are the largest sellers of over the road diesel fuel. Also initiated was the utilization of this and NCR's RSM (Retail Systems Manager) which monitors and manages retail operations remotely with a help-desk interface which ensure ongoing operations in the event of the onsite workstation is operation. Pilot commented that this technology ensures their commitment to customer service, and includes such features as self-service kiosks which allow OTR and RV customers to obtain receipts without standing in lines.

The fashion merchandise retailer store, Nordstrom, has joined the venture of equipping employees with mobile POS devices in order to increase customer satisfaction, in a focus toward convenient efficient checkout. The fundamental incentive is to minimize the customer's inclination to over analyze their potential purchase by waiting in the line for a lengthy period, thus, maintaining the impose of the customers to purchase the item. The mobile POS devices are equipped with a scanner and credit card slider in order to complete the transaction for the customer, the same type of technology is visible in Apple and Home Depot stores. According to the company's sale report, a visible increase in sales has occurred for the Nordstrom Company, an estimated 15.3 percent from $1.5 Billion to $1.73 Billion in the same fiscal year of 2011. As well, the creation of a Nordstrom app allows salespersons to check inventory and availability, in a further aim to increase customer satisfaction and their business. Without a doubt POS system are branching into different spectrum of business in order to increase efficiency and customer satisfaction.

Green initiative has a great value for both economy and environment. Some countries' governments had drafed some regulations supporting this concept of development. Canada is one of the most early contries focusing on thise issues. The Cnadian Intellectual Property Office is mainly responsible for detail jobs related to green technology developing and spreading. They made some standerds toward some primary industries in both demastic and international market. Nowadays, they plan to update their strategies and standards to make these industries more productivity and eco-friendly. All of the agencies or ministries regarding to these issues attmpt to iprove their ability to solve green product problems through a proaction approach. In my opinion, all of these efforts are benefit to sustaianable development of local economy and society.

"A standard POS and credit card system would have set me back about $5,000-$10,000," says Adam Schneider, owner of Little Muenster. "But, like a lot of people, I already had an iPad." Schneider downloaded Square Register, bought a receipt printer, and was in business for a few hundred dollars. He says a major selling point was Square's portability-Little Muenster is a popular vendor at NYC foodie festivals throughout the year-and the swipe fee. The existing credit card system is obscure, because the fees are not upfront or fixed. The amount that flows into a merchant's account after a transaction depends on the brand of card, the issuing bank, and the rates set by an outside merchant processor, and the money may take five to 10 days to process. Square threw the circuitous accounting equation out the window. The flat 2.75 percent fee and the rest goes into a merchant's account the next day. Convenience with quick service solution at ease.

Although a POS system is a big investment. You need to purchase the new system, train the employee and maintain the system. But the system indeed can provide a lot of benefits.It can not only calculate payment and process customer payments, but also track the invenyory and labor costs. They still can manage the information and save cost.

Apple has created momentum for POS enhanced technology with it's announcement of the new Apple Pay platform. No longer will customers need to search wallets or purses for cash or credit cards to buy products, no longer will customers wait for and sign receipts. This new e-wallet tech will allow users to make fast transactions using their Apple smart phone. Major retail establishments such as McDonalds have signed on to promote and provide the necessary catalyst to make this technology mainstream. The benefits are very clear, with the increased transactional speeds promoting better customer service and also increased throughput at the retail counter. And this will also enable smaller companies enhance their profitability by utilizing such an easy purchase platform. How does this new tech work? Very simply, it users "near-field communication technology or NFC, which allows for the transfer of small amounts of data between two devices held closely to one another." Just tap your iPhone to the terminal and the transaction is complete. The concern for data security still exists, however "Industry experts will be watching as customers road-test Apple Pay." Apple Pay and similar products from Apple's competitors are the future. Businesses that embrace this technology will be in the enviable position to cater to tech-savvy customers and will see increased revenue as a result.