Point of Sale Software vs. Cash Register: 5 Myths You Need to Know

Myth No. # 1: point of sale software is expensive – Point of sale software may seem more expensive than buying a cash register, but only if you are blindly factoring in upfront costs. In reality, point of sale software generally produces a return on investment within a few months of purchase when you factor in the amount of time savings, reduced costs, and higher profits your store can help generate.

Myth No. # 2: point of sale software is complicated While it may seem that a cash register is a less complicated way to run a retail checkout compared to point of sale software, it is actually quite the opposite. POS software is almost always easier to understand and operate because modern POS software solutions use a state-of-the-art GUI (graphical user interface) design that is designed to be simple and intuitive, whereas cash registers are limited to physical keys.

Myth No. # 3: point of sale software is for large businesses – A few decades ago, running a computerized point-of-sale software system was a privilege that only the largest companies could afford, because most point-of-sale software solutions cost hundreds of thousands, if not millions of dollars, implement them in a commercial operation. . In today’s market with POS hardware and software now available very inexpensively, even a small retail store with a modest-sized location and business can not only pay, but can greatly benefit from point-of-sale software. Even those with almost no budget can often qualify for payment options.

Myth No. # 4: point of sale peripherals are expensive – As with most IT equipment on the market today, point-of-sale peripherals such as point-of-sale barcode scanners, barcode printers, electronic cash drawers, displays Pole and even electronic scales have become so inexpensive that now all businesses can afford them.

Myth No. # 5: point of sale software is a luxury – Upgrading your antiquated cash register system to a point of sale software solution is no longer a luxury, it is an absolute necessity to survive in today’s economy and business. Whereas in the past, only very profitable companies were able to afford the huge development costs required to run a computerized point of sale solution, in today’s marketplace everyone is upgrading to an electronic POS system, including their competitors. With improved inventory tracking, faster checkout, incredible business reports and statistics at your fingertips, your competitors will have a huge competitive advantage over you if you’re still running an old cash register system.

The time to upgrade from a cash register to a POS system is now. It has never been so inexpensive and the software available has never been as simple and easy to use as it is today.

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