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POS systems

What Are They, and How Do They Help You?

POS: it's an acronym many of us of have seen, but not everyone fully understands.

That’s right: POS systems support not only restaurants, but also bars, grocery stores, salons, hotels, cruise ships, food trucks, shopping malls, massage therapists, and the like.

What’s more, the right POS can offer a winning edge against thin margins, fierce competition, and a host of other factors impacting your business.

Contact us now to see if you qualify for free POS Equipment while paying ZERO to process credit cards.

A "POS" is a "Point of Sale" system

It is a combination of hardware and software that provides
businesses the ability to process payments (cash, credit cards, ATM cards, checks, and other
forms of electronic payments).

Point of Sale systems also allow the business to:

Just like all technologies, certain POS systems just help your business get from one day to the next. 

Here are some ways POS systems can help you:

  • Track inventory,
  • Capture sales metrics,
  • Sell and process gift cards,
  • Employee scheduling and hour tracking,
  • E-commerce integration (track both
    online and retail sales and inventory)
  • and so much more.

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What are the basic components of a POS?

Most POS systems break down as follows:

Typical POS Hardware Components

  • Cash Drawer
  • Computer (Tablet or Desktop)
  • Barcode scanner
  • Card Terminal
  • Scale (weight based pricing)

 

In addition, some POS may include

  • Printer (for printing out receipts for guests or orders to the bar/kitchen)
  • Connected tablets (for tableside ordering or collecting payment from guests)
  • Network devices (in order to connect the POS to the internet or wifi)

What makes one POS system better than another?

Just like all technologies, certain POS systems just help your business get from one day to the next. Other POS system options, however, can have a positive long-term effect on everything you want your business to achieve.

In that vein, excellent POS systems do more than merely link the front-facing portion of your establishment to your back offices.

They also help you identify opportunities, anticipate trends, significantly reduce waste, improve staff management, edit menus or services in real time, and increase customer loyalty.

Here's a peek at a few ways in which POS systems
can elevate your business

POS systems can help you monitor stock levels with as little waste as possible. Moreover, they can also recommend order quantities in advance of your needs, letting you know what you should restock without over-portioning.
All businesses, especially those in retail, will appreciate how POS systems can create sales reports that indicate what products/services sell best, and which promotions were most effective over a particular span of time.
All businesses, especially those in retail, will appreciate how POS systems can create sales reports that indicate what products/services sell best, and which promotions were most effective over a particular span of time.
Do you have multiple locations to manage? Consider a POS system that can update all menus across all locales in a real-time fashion.

POS systems can improve how your business relates to your clientele. A
tablet-based system, for example, keeps your staff on the floor to serve guests and preempt any
issues they may have while in your establishment.

Have a question about POS systems?

Please don’t hesitate to contact us.

What our clients said about us

“We use POS Bargains as our credit card processing provider and they have provided us impeccable service for the last 10 plus years. They have great customer support and as a BONUS they provide us with FREE receipt paper for our credit card machine.”

The Fish 'n' Fools ~ Granada Hills, CA

“My wife and I became business owners and inherited a credit card machine and service from the previous owner. That company was glad to take our money but offered little support when the machine went down. We contacted POS Bargains who was recommended by a family member and for the last 7 years we have had reliable service and great support.”

Golden Nugget Pub ~ Simi Valley, CA

Find out how our clients pay $0 in credit card processing fees!

Contact us now to see if you qualify for free POS Equipment while paying ZERO to process credit cards.

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