CHAPTER – II
Review of Related Literature
If you are looking for a new point of sale solution, you either are just starting out, have one that is not satisfying your needs or you are ready to upgrade to a more advanced or modern system. If you are just starting out, you have the advantage of not having to worry about migrating inventory data to a new system, and you have the full world of payment processors at your feet, pleading with you to sign up with them. If you are already in business and are looking to change to a new POS system, you will want to find one that satisfies your needs and is relatively simple to migrate your data to.
All-in-one POS systems are certainly appealing. They include all the basic hardware with the software preinstalled. They are a plug-and-play solution. Basic POS packages are commonly offered in retail or restaurant packages. The retail packages usually include a terminal, monitor, barcode scanner, cash drawer, card reader, keyboard, mouse, receipt printer and retail software. The restaurant packages usually include a touchscreen monitor, terminal, receipt printer, cash drawer, card reader and restaurant software.
Some POS providers also offer salon packages that include salon-specific software that can manage appointments and customer accounts. Grocery packages usually include software that can manage grocery store's unique needs, such as compatibility with a scale and in-counter barcode scanners.
Many POS providers also offer you the choice to create your own unique package. You can also work with an account representative to create the perfect package for your business. The advantage to creating your own solution is that you can choose which software you like the best. You can also add POS hardware and software to a system you already own. You can also easily add devices that can help streamline your processes, such as kitchen printers, wireless tableside order-entry devices, customer displays and...
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