An EPOS system is a tool that allows efficient record keeping system of the sale of goods or services to customers. Electronic Point of Sale (EPOS) also acknowledged, as Point of Sale (POS) is the instance when a transaction is undertaken and the buyer makes payment to the seller for the purchase of particular goods or services. Once a buyer makes a decision to buy the product, he is moved to the checkout process where an invoice is generated by the system and the buyer is offered various payment options to choose from to pay the amount mentioned in the invoice. Generally, this is when the seller would then issue a receipt for the purchase made.
EPOS (electronic point of sale) integration means linking key business operations through a single, easy to use software system. This means, a well-developed EPOS system needs to be user-friendly, comprehensive, and that which manages your supply chain processes in a cost effective manner. This result in retailers working more efficiently, which in turn decreases overheads and maximizes profits.
A major reason for retailers taking up an EPOS system and the most obvious is the doing away with conventional price tags attached on the products themselves. All prices are instead connected to each product through the EPOS system and the cashier simply needs to scan the code on the product for the sale to be made. Also giving you the ability to make price changes to ranges, changes to stock or discount or loyalty offers a lot easier and efficient.
By integrating your website with an EPOS system, you are effectively opening up a new shop for your business. The connection between your EPOS system and your website means that modifications made within the EPOS system (such as new products, price changes, and stock fluctuations) are directly reflected in the website itself. This ensures data accuracy and automation of website management.
Benefits of EPOS system
By implementing an EPOS system in your current business process, you can efficiently manage the business operations.
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