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The retail industry has changed dramatically in the last few years, and nowhere is this more evident than in the evolution of POS systems. POS, or point of sale, technology is the hardware and software found most commonly at retail checkout counters. Customers might view POS products as simply the "cash register," however, it's actually much more. A POS system is usually the combination of a computer system, POS-specific software, monitor, cash drawer, bar code scanner, credit card reader (or magnetic stripe reader), receipt printer, keyboard or other peripherals.
Using a modern POS system instead of an Electronic Cash Register (ECR) any retailer can have at their fingertips a range of tools for managing their business that were formerly only available to the largest and most sophisticated of retailing giants. Each component of the POS system integrates to create a single POS solution which can be used standalone or integrated with other systems and additional equipment to operate storewide or even across several stores.
This IT guide will equip you with the knowledge you need to make an informed purchasing decision about POS systems and solutions. Reading it will help you provide your business with the right POS hardware and software with the features and longevity you need to conduct business more efficiently and increase sales and workflow. The sections of this guide include:
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