What is Point of Sale?
A point of
sale system is a computerized system that enables businesses to
track sales, inventory, merchandising, and employee labor . A
typical point of sale system has the following components: a
computer, a monitor (or touch screen), software, receipt
printer, barcode scanner, and credit card terminal.
Do I need a Point of Sale system?
retail stores or restaurants with revenues of under $400,000
should consider using a less expensive solution like an ECR
(electronic cash register). If the sales of your business are
above $400,000 your business can gain considerable benefits from
implementing a point of sale solution.
typical cash register will cost between $200 and $600,
computerized point of sale systems tend to be more expensive.
The cost of point of sale system can vary significantly
depending on the hardware/software configuration chosen. The
typical cost for a point of sale system is $2,500 to $5,000 per
system which includes hardware, software, and after sale
Where to buy?
of sale vendors will sell directly to large Tier 1 companies.
For small to mid size companies, point of sale systems are
purchase through a local authorized reseller.
Service and Support?
the point of sale reseller or vendor provides after sales
service through the purchase of an annual support program. It is
always a good idea to make sure the vendor provides your company
with training manuals and any other documentation related to the
operating the system.