A digital point of sale (POS) system is to a cash register what a smartphone is to a landline phone; it does everything you relied on its predecessor to do, but in a far more efficient manner. Instead of being locked to a certain location, a digital point of sale system gives you the freedom to take your business outside of its brick-and-mortar walls, allowing you the opportunity to create a more omnichannel customer experience. Evolving to a digital point of sale system with a cash register also comes with the reduced financial impact of subscription payments.
Where’s the Register in a POS System?
A traditional cash register is essentially a large calculator attached to a strong box. Despite its prevalence in every commerce shop, its bulky appearance has become an eyesore and its outdated capabilities are unable to keep up with our increasingly digitally-enabled world.
Moving to a point of sale system with a cash register shifts the focus away from the hardware and puts a spotlight on the customer experience. Today’s modern solutions are discrete, mobile tablet-driven systems that are easy-to-use and portable. Every aspect of a cashless transaction can be carried out on these multi-use tablets, but if the final payment requires cash, then you can wirelessly transfer the amount to the physical cash register draw and make the exchange.
Thanks to cloud-computing (one of the most prevalent digital retail trends), business management is easily accessible from any device, and the hardware can be configured to match your unique business needs.
Build Your Own Register
By now we’re all accustomed to the constant flow of information bouncing between our phones, home laptops, office desktops, and more. The tech that keeps you connected at all times gives a point of sale system with a cash register its power.
All the most common register functions can be handled by your mobile tablet terminal, including:
- Processing transactions
- Applying discounts, refunds, and write-offs
- Bundling items for unique specials
- Tracking staff sales
- Displaying tax information
- Issuing digital receipts
Whenever you need to add physical components to all those transaction types, you just add the appropriate hardware, such as:
- Barcode scanners and printers
- Digital scales
- Receipt printer
- Cash drawer
- Card readers and cardless payment options
Once you know your point of sale business process, you can build a customized system that fits discreetly into your shop front while still having adequate functionality to provide you and your customers with a seamless transaction experience.
A point of sale system with a cash register can duplicate and improve upon the actions of a traditional register, but a digital solution has an impact far beyond the final payment.
Point of Sale to Improve Your Operations
If a cash register is a calculator, then a digital point of sale system is a computer. The difference is how you can leverage all the dollars and cents being crunched with each sale.
A digital point of sale system can become a hub for your entire operation. It not only captures sales information, but also functions as an inventory management tool and allows you to create data reports that provide insight into the financials of your business.
With this information stored in a central, cloud-computing platform, you can access it from any device at any time. Other benefits include the ability to automate your purchase orders, remotely track live sales information, and analyze collected customer data to gain valuable insights into your customer base.
With those insights, you can then go on to optimize your business strategy, whether that be adding a customer loyalty program or streamlining your operations.
A point of sale system with a cash register provides an effective and efficient solution to transforming the traditional transaction process.
Build a Better Business With a Point of Sale System With a Cash Register
The only way a traditional cash register can be used as a communication platform is if your staff start sticking notes to it. A digital system, however, unlocks the potential to communicate easily and transparently.
A software solution has the ability to empower staff to manage their own rosters, tips, trainings, and communications.
Plus, you can use your hardware options to give customers a self-service or self-exploration option that presents every possible product variation within the discrete, yet bottomless screen of a tablet. Not to mention, you can use these digital capabilities to directly link your in-store offers to an eCommerce audience—you can’t do that with a traditional cash register!
The shift toward discrete, multipurpose, digital point of sale systems is a natural business evolution as our world continues to shift towards a more technology-forward environment. The balance of functionality and form is too powerful to ignore.
When you partner with talech for your retail technology needs, we devote our time to identifying your business challenges. We use this information to create an innovative POS solution, such as a point of sale system with a cash register, that is sure to impress your customers. Reach out to us today to sign up for a demo and to learn more about how talech can be your valued POS partner.
