The acronym EPoS stands for Electronic Point of Sale and was coined in the 1970 as cash registers moved from being big clunky mechanical things to becoming electronic. In the 21st century, however, the meaning has changed somewhat to be indicative of a system that does considerably more for your business than just recording sales. A fully fledged EPoS system might control your stock, table management, customer loyalty, process EFT payments, time and attendance for employee management, kitchen printing, recommending ordering, wireless order taking, reporting and a whole host more including interfacing with other applications and systems.
A good EPoS system is the heart of any successful business and when buying a new system it is important to understand what it is that you need from it. For example you may want to cut down on shrinkage through employing better stock management and staff security or perhaps your restaurant would like to start doing online table booking. Picking a system that is flexible and adaptable is essential so that it can grow along side your business to ensure you don’t run into the costly practice of replacing hardware and software due to expansion.