| tronic Point Of Sale (EPOS) system is used for the | | | | amount that needs to go to the government for taxes, |
| accurate taking and recording of payment for goods | | | | number of items of any particular piece of |
| and services in a shop, restaurant, hotel, or any other | | | | merchandise that was sold, the number of units that |
| business that serves customers. | | | | should still remain in storage, and what products need |
| EPOS reads the barcodes on products and makes | | | | to be reordered. |
| the appropr iate charge. Every time you sell something, | | | | EPOS systems allow different modes of internal |
| it adjusts your stock and can be used to raise orders | | | | communication networks. For a bigger network, you |
| to replace actual sold stock. This helps reduce out of | | | | must invest in powerful wireless terminals that can |
| stocks and stock holding at the same time. | | | | function without fail. Although EPOS networks are |
| Electronic Point of Sale (EPOS) systems are | | | | used by all kinds of shops and retail outlets, it became |
| becoming increasingly popular with retailers of all sizes. | | | | more popular with hospitality industry. You will find an |
| They are user-friendly and easy to learn, and make a | | | | EPOS installed at 90% of the restaurants, hotels, bars, |
| real difference to the bottom line. There are two main | | | | and resorts across the country. This is because EPOS |
| benefits to EPOS systems - they can be used to | | | | and its functionalities are best suited for the |
| increase sales and reduce costs. | | | | comprehensive business environment prevalent at |
| Cash management is one of the main components of | | | | such places. |
| EPOS systems technology, these systems now | | | | Without an EPOS, many retail stores would find it |
| employ a wide variety of functions. They are used for | | | | simply impossible to handle the day to day cash |
| inventory management, service management, | | | | management and inventory requirements. |
| customer relation management and even payroll | | | | Point of sale or point of service (POS or PoS) can |
| modules. In fact, they are sometimes referred to as | | | | mean a retail shop, a checkout counter in a shop, or |
| retail management software because of the absolute | | | | the location where a transaction occurs. More |
| integration between business management and | | | | specifically, the point of sale often refers to the |
| technology in the last twenty years. A manager can, at | | | | hardware and software used for checkouts -- the |
| any given time, access the necessary figures from the | | | | equivalent of an electronic cash register. |
| EPOS system, including total income, net income, the | | | | |