Many of our articles offer advice for the Shopper, but this one is for the Shopkeeper. Electronic point of sale systems are a vital tool for any business that accepts payments and needs to control and monitor financial transactions. However, the range of options and the functionality they offer – as well as the different price structures – can be overwhelming.
POS Solutions Manchester has compiled a handy checklist of the main points you should consider when buying a new POS or updating an existing piece of kit.
Start by making a list of what you need your POS system to achieve. Really pin down the “must-have” functions, but also the “wishlist” of less crucial features.
That way, if you tick all the “must-haves” with a particular system, you can then compromise on the second list of features if you need to.
Be ready to grow
Your list of attributes and features needs to include not just what you need right now as a business, but what functionality you will find useful to help you to grow.
If you don’t already, will you shortly need a POS system integrated with inventory management, staff monitoring and incentives schemes and task automation?
Would it help to boost your business if your POS system offered you marketing tools, ways of gathering customer data and other features that represent good business practice?
Keep it in budget
When you start looking at all the “gadgets and gizmos” some firms offer from POS systems it is easy to start getting carried away. You end up spending more than you need, for features that you will probably never use!
Which is why having a clear budget balanced against your business needs is vital.
The money you spend will largely depend on whether you need a completely new POS system, just the hardware, or just the software.
With your budget in mind, seek out a company that can give you the best range of functionality within that structure.
You know yourself how important this is. So demand high standards from your POS supplier. Are they listening to what you actually want and need? Do they respect your budget? Do they offer a 24/7 helpline that connects you to a real person?
POS Solutions Manchester specialises in technologically advanced systems, but understands that many businesses need to keep cost as a high priority. Contact them to match your business needs to a positive POS experience.