ompared to the traditional POS, an EPOS system has a variety of benefits, especially in long-term:
For customers:
- Ensure correct product pricing and information on multiple sales channels;
- Speed up order processing and transactions;
- Allow customers to use promotions and discounts both online and offline;
- Deliver a smooth and convenient shopping experience via multiple payments and shipping methods.
For store owners:
- Centralize business operations and manage multiple sales channels from one place;
- Make better, more accurate inventory forecasts;
- Keep track of business performance to provide insightful reports;
- Reduce time and mistakes in manual processes;
- Enable correct, instant, and easy data update;
- Set tier staff permission to reduce potential employee theft.
EPOS disadvantages
The only disadvantage to an EPOS system over a traditional POS till system is the cost – and in particular, the up-front cost, which can be especially off-putting for smaller businesses.
Prices for a basic EPOS system start at around £1,000. An industry-specific system, with extensive back-office features, comes in closer to £1,500. For an advanced system, with multiple terminals, it’s not uncommon to pay in excess of £3,000.
Retail EPOS System
The Epos reyail shop is suited for businesses like the supermarket, grocery stores, garden centers, pharmacy, hardware store, general store, and more.
Hospitality EPOS System
The hospitality EPOS system is best suited for independent hospitality businesses and multi-international chains and franchises like restaurants, cafe shops, hotels, pubs and bars, nightclubs, fast food centers, and many more.