Insight to Trends and Developments in EPOS Systems

Electronic point-of-sale systems or EPOS systems, when selected and implemented well, help retailers realise money savings, get better margins, improved productivity, and better customer relationships. Perhaps one of the finest improvements in business operations that EPOS terminals provide is assistance in tracking sales and profit margins. Improved margins primarily come from improved stock management - through the provision of detailed and accurate sales reports upon which stocking decisions are made. Informed decision-making paves the way towards formulating better marketing strategies.

One of the trends relating to EPOS software and hardware is the use of touch screens, which greatly reduced downtime in handling customer purchases and creating sales reports. Touch screens provides electronic displays with a display surface that's sensitive to touch, particularly human touch. This enables direct interaction of users with the systems, and eliminating the need for using keys and buttons. Touch screens in EPOS allow for more compact and sleeker designs, thereby saving considerable counter space. Touch screens are widely used in fast food chains and many other retail stores.

Also trending is the use of EPOS machines in smaller shops and smaller businesses, which were otherwise unable to use sophisticated cash registers before. Accessibility to use EPOS equipment is made possible through the availability of cheaper models, for hire EPOS terminals, and financing options for acquiring the machines. Now smaller shops have the opportunity to use sophisticated point-of-sale equipment that enables them to capture the market and generate higher revenues. With this in mind, small businesses and start-ups now have the potential to expand within so little time, given the resources to tap EPOS tools.

The application of EPOS software and hardware in online selling is rather revolutionary with overwhelming results. An integrated system allows for the business to combine online sales with telephone sales and in-store sales. A number of retailers take advantage of people who check out products in person, go home to decide, and then buy over the Internet or the phone, or the reverse. The integrated system becomes a vehicle for increasing direct or indirect Internet sales.

Also increasingly popular is mobile payments processing with cellular phones used as EPOS equipment. Mobile payments processing services have gone main stream in addition to portable and compact wireless cash registers and POS printers. Mobile businesses and those that operate on the same format greatly benefit from this technology. Today, it's even possible to print receipts and invoices with the use of very handy POS machines.

Revolutionary improvements in the point-of-sale systems indeed bring about endless possibilities to businesses struggling to survive amidst economic constraints. Financial challenges force industry players to cut back on costs and rethink strategies, nevertheless improved EPOS systems make the journey a lot more manageable.

A.B.Systems specialise in the supply, installation & support of EPOS Systems, Equipment,Software & associated products such as Cash Registers and Weighing Scales to the retail & hospitality industry.

For more information please visit http://www.absystems.ie


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