Why upgrade to a modern EPOS till system?

In this day and age, it is essential to keep up with advances in technology to ensure that your business stays ahead of the curve. Surprisingly, there are still a large number of companies out there that don't use EPOS systems, which puts them at risk of playing catch up with the competition. That's why the team at Commercial Experts have made it their mission to help thousands of businesses with their EPOS needs, enabling them to better capitalise in a digital age.

What Is EPOS?

EPOS stands for Electronic Point Of Sale. It is a combination of hardware and software that can help with a wide variety of tasks designed to keep your business ticking, including processing transactions and stock control.

Depending on the industry that you operate in, the components of an EPOS system will vary. These can be customisable to fit the specific needs of your business. These include, a cash till, a screen with a keyboard or touchscreen capabilities, a receipt printer and a card reader. Barcode scanners and handheld units are a couple of examples of how these systems can be tailored to meet the demands of your business.

How Can EPOS Help My Business?

EPOS can perform a wide variety of tasks that can help with streamlining the day to day workings of any business. We've compiled a list below to give you a bit of an insight into how an EPOS system can benefit you and your business.

Taking Payments

This is the most basic function of an EPOS system and as a result, the most common. Taking payments is universal across all businesses. Profit and expansion being the aim of every business that is dependent on customer's payments.

This will make use of the systems cash till and card reader. As mentioned earlier these systems can be customised to suit the needs of a business. For example, if you own a cafe or restaurant, you may want to make your card reader portable so that it can be taken to your guest's tables to make payment.

Tracking payments can also be easily done with an EPOS system, with sales being able to be broken down into timeframes allowing you to pinpoint exactly when your business is at its most profitable.

Inventory Management

Your employees are ultimately the ones who represent your business to your customers. Providing them the tools that they need to succeed is part of your responsibility as an owner and EPOS should almost certainly be one of those.

EPOS is designed to user friendly, meaning that your staff will easily be able to take control of the system. This allows for a quicker transaction time and for your employees to focus on other areas of their role, something as simple as being able to serve more people in a shorter time frame, in turn boosting profitability.

EPOS can also track the clocking in and out times of your employees, meaning that when it comes to paying your staff, it makes the process significantly more streamlined.

EPOS also tracks individual sales records and high preforming staff members. With this metric at hand, employee incentives can be devised promoting healthy competition amongst your team that can help drive sales.

Employee Engagement

Your employees are ultimately the ones who represent your business to your customers. Providing them the tools that they need to succeed is part of your responsibility as an owner and EPOS should almost certainly be one of those.

EPOS is designed to user friendly, meaning that your staff will easily be able to take control of the system. This allows for a quicker transaction time and for your employees to focus on other areas of their role, something as simple as being able to serve more people in a shorter time frame, in turn boosting profitability.
EPOS can also track the clocking in and out times of your employees, meaning that when it comes to paying your staff, it makes the process significantly more streamlined.

EPOS also tracks individual sales records and high preforming staff members. With this metric at hand, employee incentives can be devised promoting healthy competition amongst your team that can help drive sales.

Customer Retention

Regardless of the industry, in today's market, there is as plethora of choice out there and keeping hold of customers is as difficult as ever. Luckily EPOS can help track your customers and make sure that they keep coming back for more.

A customer loyalty card is a common way to promote brand loyalty. EPOS will store the card holder's information in the system and will register every time they make a purchase with your business. Personal profiles can be built and that data can then be analysed to determine their individual spending habits.

From here, tailored discounts and offers can be constructed to each card holder, focused around their specific wants and needs. This is a much more intimate approach to customer awareness and can help with getting those customers through the door or filling their e-basket over and over again.

What Will I Get When I Order EPOS?

Each supplier offers their own unique packages when it comes to EPOS. Some will just sell the hardware, others just the software and then there are those who supply both. Comparing your options with Commercial Experts will help you find exactly what you need when it comes to EPOS.

As already discussed, the most basic of these systems contain:

• A cash till.
• A screen with either a keyboard or touchscreen capabilities.
• A card reader, either static or portable.
• A receipt printer.
• Depending on your industry you could also include:
  • Barcode scanner.
  • Barcode printer.
  • Handheld units.

Your EPOS software will also be tailored to meet your specific needs. An e-commerce company for example will have vastly different requirements than that of an artisanal bakery and the software that powers your EPOS machine will reflect that.
Of course there will be similar capabilities across the board, data retention such as sales, stock count and pricing will be found on all EPOS software no matter how basic or sophisticated they have been programmed to be.

Where Can I Get An EPOS System?

If you've made it this far then you're probably interested in getting hold of an EPOS system to help your business grow and Commercial Experts can help you to do just that. To start comparing quotes from a selection of specialist suppliers, absolutely free of charge, with no obligation to buy, all you now have to do is click the "Compare EPOS Quotes" button below and follow the prompts.