Cash Register vs. POS?
6 MAY 2019 | Maverick
The differences between a cash register and Point of Sale system and which is right for your business.
Cash Register
- is the electronic tool that gives businesses the ability to ring up sales, store receipts and cash in a cash drawer, and print out simple end-of-day reports for balancing the register and performing sales tracking. Customer may be able to use additional hardware like an EFTPOS terminal and barcode scanner alongside the register depending on how advanced it is. Basic cash registers are priced on average from $650 with additional hardware like EFTPOS terminals,
barcode scanners, and scales that are purchased separately.
POS System
- on the other hand, offers all of the functionality of cash register, along with advanced features that allow businesses to operate more effectively and efficiently.
Cash Register vs. POS System
Cash Register vs. POS System
A low budget electronic cash register runs about $650 and can handle basic checkout and payment needs. For some, it's a just right solution. But if you want to efficiently run your business operation and have growth-driving data and tools at your fingertips, a POS system is the answer. The price of POS system is more expensive than a cash register, but, having all of your data stored and accessible within one system makes your operations more efficient and, in many cases, more profitable. However, there are Do's before choosing your POS. This means, the cheap POS system may not answer all your needs and the expensive one may also not all you need. Having the right one will definitely change your business.
