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Are you considering opening a new business? Do you
have an existing business that you would like to automate?
Do you really need to automate? Hopefully, we will
able to answer these questions for you!
What are the Differences between a Cash Register
and Point of Sale System?
A point-of-sale system is similar to a traditional
cash register - sales are rung, money is exchanged,
change is given, cash is secured, and the drawer is
balanced.
What is different is how the information is gathered!
A point-of-sale system captures, maintains, and updates
enormous amounts of information that a cash register
can never do. This gives you a powerful tool to help
run your business. Cash registers today are most commonly
used in retail environments such as small sandwich
shops, coffee shops, small gift shops, antique stores,
etc. Point of sale systems are used in retail environments
that require inventory control, customer tracking,
etc.
Is a Point of Sale System Worth the Expense?
A point-of-sale system will improve your margins,
increase sales, track inventory and reduce operating
costs. These are tangible benefits that you will see
within a few months of automating. In fact, many retailers
see the benefits of their system adding 5-10% to their
bottom line, an excellent return on investment! Check
out Point
of Sale vs. Cash Register cost comparison. If
you are leasing your system, the monthly benefit of
your system should easily surpass your monthly payment.
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Improved Margins - Improved margins generally
receive the biggest financial impact. With a cash
register, an employee can ring up a sale with any
price they wish. A point of sale system requires
the entry of a specific item lookup code to process
a sale. This protects your margin! Margins are also
improved and protected by knowing what and when
to order to reduce shipping costs and take advantage
of supplier promotions.
Inventory Control - This area, too, receives
an excellent positive impact. A point of sale system
allows you to know exactly what you have on-hand,
what you need and when you need to order it! This
enables you to keep your inventory wide and shallow,
preventing over/under-stocking. By knowing your
inventory, you are able to better manage your capital,
keeping it off the shelves and in your bank account!
Increased Sales - Many people do not realize
that a point-of-sale system is a money making device!
A point of sale system allows you to know exactly
what your customers are buying, enabling you to
respond with mailings, special promotions, etc.
A point of sale system enables you to respond to
customer buying habits quickly and profitably, giving
you the flexibility and power of a large chain store!
Reduce Operating Cost - A point of sales
system reduces operating costs by more efficiently
providing information. Operating costs are reduced
in re-ticketing of items, time spent with your accountant,
overstaffing, yearly physical counts, etc.
Time Savings - The biggest benefit is the
time savings. Instead of reentering sales into a
spread sheet, trying to analyze a register tape,
hand writing purchase orders, etc., retailers are
letting their point of sale system do the work!
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What computer do I need?
Most point-of-sale systems use standard IBM-compatible
PCs with various devices plugged in. PC minimum requirements
vary depending on the point of sale software requirements,
but usually will need to be a Pentium IIII or comparable
processor with 256 mb of memory for operational efficiency.
A 40 Gig hard drive is sufficient for storage space
along with a Zip drive or cd-r/rw. Most point of sale
software runs on a peer-to-peer network such as Windows
'00 Professional or XP Professional. In environments
with more than 5 stations, a dedicated server is recommended.
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What Point of Sale Equipment do I need?
As mentioned before, most point of sale devices plug
directly into a computer. The eliminates the need
for a proprietary unit. Proprietary point of sale
computers can be expensive and require high maintenance.
Following are some common items for a basic point
of sale configuration:
- Cash drawer - either stand-alone or platform style.
Plugs in to receipt printer or serial port.
- Receipt printer - prints 3" receipt. Plugs into
parallel port.
- Barcode scanner - either CCD or Laser. Plugs into
keyboard port (ps/2/AT) via a "Y" cable our USB
port.
- Customer Pole Display - prevents your clerks from
overcharging or making incorrect change. Plugs into
9 pin serial port.
- USB and alternate interface options are available-call
or e-mail for details.
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Options include:
- Credit card swipe - for use with credit card software.
Plugs into keyboard port via a "Y" cable.
- Zip drive - backing up your data is highly recommended!
- Battery back-up - inexpensive insurance to protect
your PC during black outs and power surges.
- Data Collection Device - speeds up physical counts
and interfaces with most point of sale software.
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