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It offers an effective combination of flexibility and reliability with technology and smooth efficiency. EPOS system has become a part of business with an integral cog in the wheel.
What’s an EPOS system?
EPOS is known as Electronic Point of Sale which is a computerized system that can be used in retail stores, restaurants and bars, beauty salons, pharmacy and many more. It is an updated electronic method of payment for customers to pay for their services and/or goods. There are many advantages for businesses such as:- • Improves business performance
- • Secure storage of information and stock
- • Receipt and voucher printing for customers
- • Linking between company website and terminals within the business
- • Quick access to popular products for stock purposes
How does an EPOS system work?
EPOS system is a combination of software, hardware and other peripherals that are ta -
As the smartphone usage, apps and cloud EPOS system has become more, both small and large are coming up with new strategies for the improvement of customer satisfaction and engagement in-store, online and out of store to retain them.
To meet improved customer expectations and make them to engage is a continuous task without the perfect software system foundation and integration will unable to live up to expectations.
Having a reliable EPOS solution with intelligent operations and transaction, customer retention it will be more to be benefitted now and in the future.
What Can You do to Improve Retention?
Customer retention plays a vital role in building brand engagement by creating more loyalty. You can have a stronger relationship and duration with greater loyalty.
This is not the latest innovation but the focal question will be how to attract today’s customer who are smartest and savvy consumers ever. Consumers know how to switch their l -
Mobile point of sale solutions enables restaurants to accept credit cards, e-wallets and mobile money payments via a mobile device, such as a tablet or smartphone, instead of at a legacy cash register. MPOS devices bringing benefits to restaurants and customers with their integrated software and serving as payment card reader and helping restaurants streamline processes and improve customer satisfaction.
According to the National Restaurant Association, 72% of guests believe restaurants incorporating technology provide increased convenience. The nature of service provided and the traditional way these restaurants businesses run, stand to gain from the various benefits of mobile POS technologies incorporated in their processes, as well.
Restaurants can enjoy a lot of benefits that include the following:
1. Increased convenience
Digitizing and streamlining the dining experience can be achieved with mobile point of sale systems. Servers -
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
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What do reports show?
Business owners and managers with the help of epos systems generate customizable reports of business data. The information can be displayed in many forms in a given time period.- • Number of sales done
- • Sales value
- • Mean, median, and mode of sale values
- • Current inventory
- • Change in inventory
- • Number of promotional transactions
- • Individual customer loyalty statistics
- • Most popular items
In addition to the above reports they also show the relationships between the information to compare and analyze data and indicate- • Effectiveness of pricing
- • Effectiveness of promotional campaigns and materials
- • Sales statistics by employee
- • Sales statistics by department or station
- • Most and least profitable items
How do you access POS reports?
There are -
Now-a-days apart from doing a sale and holding money there are a lot of things a POS can do. The various things they can do such as data from sales, finding the best sales person and tracking your sales etc.
Not only POS systems evolved but also the software empowering them has come on leaps and bounds too. Cloud EPOS software can back up all your data on your systems.
As point of sale system became an important part of your business, it can have a huge impact on your daily transactions if it is not correct. A set of points need to be considered when looking for epos software.
Managing Customer Expectations
The biggest of all challenges a business is facing is dealing with customer’s expectations when it comes to technology. Many of the customers used to pay with contact less cards as they do in big retail and giant supermarkets.
If the transaction is not processed i