What does POS stand for in restaurants?


A good( Point of Sale ) EPOSsystem for restaurants is a key tool for any shop. But which is best for you? Compare top providers with us.

by Julia Watts

Like any industry, retail operates in a very particular way. So a retailer needs a POS system to manage particular tasks.

It may handle sales tracking, stock management and staff rota organisation. It may need to scan barcodes and print receipts. And, of course, it needs to be able to process cash, card and mobile payments.

The right Point of Sale system for your shop will be flexible and cost-effective. It will also boost your business’ efficiency and productivity. But which one is it?

In this article, we'll cover:

  • 5 best retail POS systems
  • EPOS Now
  • Revel Systems
  • Vend
  • First Data
  • Worldpay
  • Best retail EPOS systems: the FAQs
  • What POS hardware add-ons might you need?
  • What are the benefits of a retail POS system?
  • How should you choose the best retail EPOS system in Brighton  for you?




5 best retail POS systems

Given how many Point of Sale systems there are, how do you find the right one? It can be bewildering. To help you, we’ve identified our top four retail POS systems. We believe these offer good value for money.

POS system

Best for

Price

EPOS Now

Scalability

£1,438.80, or £47 per month

Revel

Customisation

Prices available on request

Vend

Remote access

From £49 per month

First Data

Intuitivity

Prices available on request

Worldpay

Reputation

Prices available on request

EPOS Now

Processing over £2bn in transactions every year, Epos Now is the largest EPOS provider in the UK. It comes highly recommended by its customers and retail industry gurus. Government advisor Mary Portas, for example, once dubbed it “the best system in the country”.

Epos Now’s retail POS system can be simply upgraded from a single system to a multi-site solution. There are no hidden costs either. That makes this a good POS system for businesses to start with if they aim to scale.

Pros

  • The software can be learnt in 15 minutes
  • Important hardware is included
  • Packages can be paid for with a single fee
  • A 30-day free trial is available

Cons

  • Advanced 24/7 support costs extra

What can Epos Now’s retail system do?

Epos Now’s retail POS software offers a variety of handy features, including:

  • Customisable dashboards: View real-time reporting on product, sales and employee information, and keep an eye on KPIs
  • Stock control: Perform rapid stock takes, set up minimum and maximum stock alerts, enable automatic compilation of purchase orders, view stock across your locations
  • Accounting: Enable the automatic running of quarterly and end of year tax and VAT returns, and the calculation of profit, loss, operating margin, and staff gross pay
  • CRM integration: Keep track of your customers' details and send them marketing communications

How much does Epos Now’s retail system cost?

Epos Now offers retail system bundles, which aim to provide both the software and the hardware you might need to get started – depending on whether you already have the hardware you need.

Unusually, Epos Now also gives you the option to pay for these bundles upfront, eliminating the need for monthly recurring costs.

What you get:

  • A receipt printer
  • A cash drawer
  • Epos Now retail software
  • Installation, configuration and training
  • A 12-month warranty

Who is Epos Now best for?

Epos Now is best for new businesses on a tight budget. It's quick to get the hang of and has a manageable cost. That makes it ideal if you want an intuitive system to get up and running with.


Comments

Post a Comment

Popular posts from this blog

Self-service kiosk

  Payments, Technology The QSR sector has been the quickest to adopt technology such as self-service kiosks, and are so far reaping the benefits Mobile order and payments may be becoming more prevalent in the casual dining sector, but those in the QSR space, such as the fast food giants, have been turning to self-service kiosks and drive-thrus to improve and heighten the customer experience. McDonald’s, in particular, has led the way in self-service kiosks but has since been joined by other groups, including Leon.     Leon began working with Vita Mojo in January 2020 trialling kiosks in its restaurants and they are now the primary in-store sales channel for a number of its sites, which now process 85-95% of all orders digitally. Not only have customers taken to using them, as has been found when using mobile payments, they tend to spend more when using them, with Leon reporting an increase of 10-15% in average transaction value compared to traditional POS transactions...
Read more

POS Restaurant Management System Market Growth Opportunities,

  POS Restaurant Management System market report 20 20 abridges some imperative the different parts of the small business. EPOSSystem for Restaurant Management industry current conditions, promote requests and critical small business methods which can be chosen from the players along with POS Restaurant Management System development state of affairs. The company strategies chosen by players have been examined from the POS Restaurant Management System report predicated on leading players, product type, application and worldwide places.   As compared to this current market scenario, the world wide POS Restaurant Management System industry report reveals various facts associated with driving factors, trends, opportunities, restrictions, along with significant POS Restaurant Management System challenges encountered by industry players. The world wide POS Restaurant Management System market account has considered all of the major in addition to minor aspects about the maturati...
Read more

ApplePay and GooglePay in Restaurants

Image
  SelectedEpos.com, meanwhile, partners with more than 100 strategic technology providers and Crave and Wi5 also say their platforms are designed for easy frictionless integration with multiple third parties, the latter naming businesses including SelectedEpos.com . Designed for speed and simplicity, customers can pay instantly and securely with Visa, Mastercard,  ApplePay and GooglePay. Integration, and having systems that can talk to each other and share data, is at the heart of what technology company Intel is working on. Only by having different technology communicate with each other through the internet of things (IOT) can restaurants really harness the advances that technology can offer. “In the past, if we deployed something in a restaurant everything would have its own silicon, such as POS and digital signage,” says Intel’s Mohideen. “There were also siloed environments and somebody would have to go and build a whole data lake to gather all that information. Now there...
Read more