Electing The Correct EPoS System
posted in Bricks and Mortar Business |Businesses with high customer levels and those which sell a large number of goods will benefit from an EPoS system. The bigger the company the more sophisticated the EPoS system should be, but it may not be essential for smaller organisations to invest in multifaceted technology.
Stand-alone EPoS systems
The average cost is around £5,000. For this five grand you will be gaining a terminal, software, printer and back-office network. These can easily be linked up to your website through XML or EDI links, so businesses with an internet shop and store can benefit. For businesses with more than one store this would be an advantage.
Software-based solutions
If you have a PC that could run an EPoS system then you can get additional software for approximately £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. Additionally, the back office PC will need some personal software and you might need to buy more modules for extras such as Electronic Funds Transfer (EFT), label printing or remote access. This can be a cheaper and more flexible way to buying EPoS software although your supplier will need to consult you on all of the modules and extras you will require.
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. You will be looking to pay £10,000 or more for this type of service but and prices can vary widely depending on your own company’s needs. This is the best EPoS system for very large organisations like hotel or retail chains.