Friday, October 30, 2020

What is an EPOS System?

 

Electric Point of Sale (EPOS) is a computerised system used by retailers of all sizes to process their customer transactions electronically and track stock, producing detailed reports in response to the input data. An EPOS includes the till used to take payment and any software that runs on it. Businesses use these systems to help run and manage their business more effectively by managing inventory, payments, records and sales, as well as many more reasons. They are fast and save you time and money, from improved customer experience to faster checkout.

 

Because EPOS Systems for hospitality help businesses perform many different functions, bringing many benefits to a business, we decided to gather our top 5 EPOS systems.

 

 

 

1) Vend

£49+ per month

For all businesses

Track all cash movements

Split payment option

First cloud-based ePos

Create individual staff accounts 

Add discounts to items at any time


Vend’s EPOS system is built for retail and is compatible on an iPad, Mac and Widows PC. The system is fast to use and easy to learn, minimising training time, and even has an offline mode if needed. Data can be accessed from anywhere as it is synced to the cloud allowing businesses to manage inventory across multiple outlets, for example editing products in bulk, automatically reorder stock or print labels and barcodes. By using this system, it makes it easy for businesses to add new outlets and registers as your business grows.

 

On the whole, Vend helps businesses get the job done faster where there is 24/7 support if needed to deal with any issues. The system accepts contactless payment, as well as split method payment through integrated payments including paymentsense, square, iZettle and Klarna. Receipts can be customised with your businesses logo and website making your customers aware of all branding as well as making it easier to become a returning customer by knowing your businesses website. Receipts can be emailed or printed, and returns, refunds and store credit is available.

 

Vend EPOS System

 

 




 

2) Square

Software is free with no setup fees or monthly fees

POS hardware starts at £19+ VAT

For all businesses

Start selling in minutes: no bank visits or merchant account required

All synched to one account allowing you t0 see what is happening everywhere, from anywhere

Accepts contactless payments

Square logo

 

Square is built for businesses in retail, hospitality and professional services. The system is easy to set up and use, allowing for fast checkout and happy customers. The POS system is compatible on iPad, iPhone, Android tablets and smartphones and connects third-party apps your business already use.

 

The system has many features needed to run your business. For example, it automatically creates customer profiles, connect with customers online through social or through your POS Dashboard, get paid remotely with invoices or get paid in person or accept cards right from your computer. Additionally, the software allows you to take orders for your store and integrate your business with Deliveroo, Uber Eats, Just Eat and other delivery options within a couple of steps. With no extra fees, (set up, monthly minimum, compliance, hardware rental), the system provides real-time reports to help see what is selling best, what your busiest hours are and which employee is working best, for example.

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