An EPoS system is an electronic type of point-of-sale system commonly used in retail environments. EPoS systems are typically more sophisticated than traditional PoS systems and offer a range of features and benefits that can be highly beneficial for businesses.
This article will look closely at how an EPoS system differs from a PoS system and some of the key benefits it can offer businesses.
1) Security
EPoS system offers businesses excellent security. EPoS systems typically use various security features to protect businesses from fraud and theft. For example, most EPoS systems use encrypted data storage to safeguard customer information.
Additionally, EPoS systems often use biometric authentication, which requires a fingerprint or iris scan to access the system. This can help to prevent unauthorised access to the interface and reduce the risk of fraud.
2) Flexibility
EPoS systems can be highly flexible, depending on the needs of the business. This flexibility in access can be particularly useful for businesses with multiple locations or needing to access their EPoS system remotely. Companies can also choose a mobile EPoS system, which can be used on a tablet or smartphone.
3) Inventory Management
EPoS systems can help businesses to manage their inventory more effectively. The system can be utilised to track stock levels, produce reports on stock movements, identify slow-moving items, and reorder stock when necessary.
Compared to traditional PoS systems, this electronic variation can help businesses reduce the amount of wasted stock and improve their overall profitability and future customer satisfaction in the long run.
4) Payment Option
EPoS systems can offer businesses a wide range of payment options. This includes accepting cash, cheques, and credit/debit cards. The system can also be used to process gift vouchers and store loyalty cards.
Various payment options can be highly beneficial for businesses as it can help them cater to the needs of their customers. In turn, this can help companies to boost their overall sales and profitability.
5) Analytics Tools
Most EPoS systems come with a wide range of analytical tools that can be used to track various aspects of a business. This includes sales data, customer spending patterns, and stock levels. This information can be extremely useful for different businesses as it can help them to make informed decisions about their future strategies.
6) Customer Service
EPoS systems can also help businesses to improve their overall customer service. This is because the electronic system can be used to track and monitor all of the different transactions that take place. This information can help businesses identify and resolve potential customer service issues in the long run.
Conclusion
An EPoS system is very different from a PoS system. EPoS systems are designed to be much more efficient and accurate. They can keep track of inventory, sales, and customers much better than a PoS system, so it’s best to switch and invest in EPoS.
Looking for EPoS systems? Easitill EPoS Systems offers easy-to-use, robust, reliable, and supported EPoS systems, websites, and labelling solutions in the UK and Northamptonshire. Get in touch with us today!
