What EPoS System Should You Opt For?
Businesses with high customer levels and those which sell a large number of goods will benefit from an EPoS system. The size of the business will determine the scale of the EPoS solution necessary, those very small businesses may not need to use such advanced technology.
Stand-alone EPoS systems
The average cost is around £5,000. For your money you get a specialised EPoS terminal, software, a printer and a networked back office PC. These can easily be linked up to your website through XML or EDI links, so businesses with an internet shop and store can benefit. Highly beneficial if the company has more than one location such as hotels and department stores.
Software-based solutions
Your existing PC system might be able to run an EPOS application from it already, and the software costs around £350. There are many other features available that can simply be plugged in including printers, card readers and customer displays.
EPoS/Accounting systems
You can get a system with accounting packages on for £500. If you need to boost your back office system you can also add on electronic funds transfer software and label printing for example. This method can be less expensive and more flexible than buying a ready put-together system, but you will probably need help with setting up and buying the right equipment.
Contract out EPoS to a third party specialist
The UK has not had this option for very long. You can rent software from an Application service Provider (ASP) who will secure your link through the internet and help you manage the system. Any technical problems that you come across will be solved by the ASP. For this to be right for you it is necessary to have a broadband connection.
Customised EPOS solutions
Consultants and software experts can tailor-make and design an EPOS solution and integrate it with existing hardware and software and also your web site. This will cost you over £10,000, however when shopping around you will be able to find a range of prices depending on supplier. This is the best EPoS system for very large organisations like hotel or retail chains.