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Every type of industry out there has its very own Point of Sales techniques and methods. The systems vary between the different industries and fields out there. Each system has a set of special features that are built to cater to the needs of that industry and no other. It is highly advisable that a business owner or senior management learn about the many different types of systems before making a buying decision. This is the only way in which it can be ensured that the suitable types of systems are selected for the right needs. The features offered in each of the POS systems out there also vary depending on the company that created the system and its software. However, the overall goal of the system remains the same no matter what, in that particular industry.

Terminals and Systems In The Retail Industry

A retail POS system is probably the most common of the lot. These are the systems that are implemented in retail stores all over the world. Each system runs on its own computer, with its own dedicated hardware and is not shared across the rest of the network. It is a system that has its own display, usually an LCD screen, its own CPU unit, a connected barcode reader or scanner, a printer (usually a dot-matrix printer) for receipts and a keyboard. It is basically a computer that is connected to a cash register. In situations where there are multiple terminals, such as in a supermarket, the system is shared over the dedicated network so that every terminal can be linked to the same inventory records and syncs all the data simultaneously.

Differences With The Hospitality Industry

Restaurant POS is a system that is broken down into two subtypes – the front desk system and the back kitchen system. The front desk system is usually one that works with a touch screen instead of a keyboard. It is used to enter orders and select the different choices that a customer makes quickly and easily. These orders are entered, confirmed and then sent to the back kitchen system. At this point, a built-in receipt printer (similar to those used at the retail systems) prints out a summary of the order. This can be handed over to the chef of the night, who can use it to process the order. Sometimes, the system also sends a copy of the order to the office so that the transactions made during the business day can be recorded.

Implementing one of these systems in the workplace doesn’t have to be a costly venture. This was the case a few years ago when the technology was still new, but it is now a widely accepted method of conducting business. As such, these systems have become a lot cheaper than they used to be, and can be installed with relative ease as well. Most of them are also multifunctional for the best experience on both sides of the cash register.