What to Consider When Buying a Point of Sale System

Maybe you've started a hospitality business and need a suitable point of sale system, or you're looking to invest in a new POS system to maximise your current business operations.

Whatever the reason, you need to know exactly what you're getting, and what's being offered by the providers.

When choosing a new Point of Sale system, it's important to see the purchase from a holistic point of view. Here are 3 factors that everyone looking to buy a new EPOS should consider:

• Does your POS provider have the ability to raise processing fees throughout the duration of your contract?
• Could the POS provider increase the price of software charges, and what is the expected increase?
• What will happen if you cancel before the contract is over? Is there are a cancellation fee?

You have to take into account your long term budget and whether the system will benefit you in the long run, or trap you in an adverse agreement.

Understanding The Features

Most EPOS suppliers provide the basic package and functionalities. It's best to know what these are, and ensure you're not paying for unwanted features that aren't necessary for your business.

In any case, make sure your provider offers solutions that meet your service and business needs. Here are a few to consider:

1. Customer Loyalty
2. Cloud Management
3. Data Security
4. Offline Mode

While going through the process of finding a POS, ask providers how they vary in comparison to their competitors on the features that matter to your business.

Business Growth

Expanding your business is likely something you aim to do. In that case, select a suitable POS solution that can grow with you. If you're thinking of opening a number of new sites, you want to be sure that the EPOS you selected is capable of handling that growth.

Opting for a cloud-based POS is the best solution, giving you more control of your business and locations from one central site.

This is because key data and metrics will be available to you no matter where you are, just as long as you're connected to the internet. This saves you valuable time and is efficient management of a growing business.

Choosing the right POS solution will lead to ongoing success for the business. If that's what you're looking for, SPARK EPOS can be tailored to your business needs. Find out more by booking a FREE demonstration of the system.