Any business that sells products to customers can make use of an EPoS system. The size of EPoS system that you get will depend on how big the business is, a very small organisation may not need a complete system.
Stand-alone EPoS systems
For a stand-alone PC you will be looking to spend about ?5000. You will get an EPoS terminal, printer and networked back office for your money. These can easily be linked up to your website through XML or EDI links, so businesses with an internet shop and store can benefit. This would also benefit companies with more than one retail shop, for example.
Software-based solutions
Your existing PC system might be able to run an EPOS application from it already, and the software costs around ?350. If you need additional software, a credit card reader, cash drawer etc then you can get these as a plug in.
EPoS/Accounting systems
The average cost for these systems is around ?500 per terminal. If you need to boost your back office system you can also add on electronic funds transfer software and label printing for example. This method can be less expensive and more flexible than buying a ready put-together system, but you will probably need help with setting up and buying the right equipment.
Contract out EPoS to a third party specialist
This has only just been introduced to UK. 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
If you already have some hardware or software on your PC and website then you can use a consultant to design your own customised EPoS system. It will however cost you in excess of ?10,000 as you are paying for labour and software but this price will change depending on your personal needs. This is the best EPoS system for very large organisations like hotel or retail chains.
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