So what is it?

Cloud epos software integrated with the point of sale hardware with the help of internet access data via a remote server. The data stored in the epos system backed up automatically and synced, making it easier to protect and update information. Multiple channels can be integrated with the help of cloud solutions in addition to enhanced security allowing businesses to enjoy the benefits of centralized storage, memory, processing and bandwidth.

What are the benefits?

Business owners and managers might have heard a lot about the cloud based POS solution but never thought about the benefits they can provide to retailers and restaurateurs? Here are a few benefits mentioned in integrating cloud based POS software into your existing system.

1. Increased data visibility

Cloud POS helps you take your business anywhere with the help of an internet connection. You can view inventory counts, labor wages and productivity reports on your daily, weekly, monthly and yearly basis in real time. Information can be updated in no time. On your vacation or your day off you can monitor your employees and operations around clock.

2. Decreased downtime during updates

Restaurant or store information can be updated without wasting your employee’s time by updating each system individually including back office system, each POS terminal and any handheld devices. Inconsistencies or mistakes may occur if you update each system individually which can cause further disruption to your workflow. It may take a few minutes to update if any of your system isn’t in the cloud.

Cloud POS software needs to be updated once and on one computer or device. It will update automatically the rest in real time. Managers can update these changes from their own personal computers.

3. Increased mobility

A hosted cloud software service can essentially add any mobile device to your existing system for enhanced mobility. You can leverage the functionality of mobile POS without fully implementing a mobile POS system. Information can be accessed from your smartphone, tablet or rugged handheld device allowing employees and managers to complete important tasks when they are away from their POS terminal.

4. Streamlined information management across multiple locations

A cloud based POS solution allows you to centralize your data across all locations if have more than one retail store or restaurant. Owners and managers can access information of any location from any computer, device or any location at any given point of time. They can perform an update that will be standardized for every location. Employees and customers can be frustrated of the functioning of the location is not as highly as another or even if it is the last to receive the information.

5. Increased data security

Retail and restaurant businesses can breathe a sigh of relief by knowing that their information will always be secure with the cloud POS system. Information can be stored and synced electronically which can be restored easily. Business owners or managers need not to worry about backing up data or losing in case of a power outage or hardware malfunction. Allowing for advanced security measures such as encryption to protect data from viruses and breaches is the biggest benefit.