An EPOS system, also called an electronic point of sale system, makes it easier to take payments and manage your business day-to-day, including sales reporting, stock control, accounting and staff management.
The system uses up-to-the-minute technology and can be customised to your business' needs. It can work independently, or be integrated with your current devices.
Their reliability and efficiency makes them a popular choice with businesses all over the world.
How much is an EPOS system?
Payzone are working in partnership with Epos Now to offer personalised packages, starting from £59.99 per month, that are right for your business.
You don’t need any technical knowledge, and it only takes 15 minutes to get trained up. Free remote training and support is included.
An EPOS is a modern day till system, making it easy to process transactions and collect data on each payment.
It gives you complete visibility and control of your business, your inventory and your staff.
And you can log into this remotely, so you’ll always be able to see how your business is performing, wherever in the world you are.
The key benefits include:
You’ll have an instant overview of how your business is performing, so you can see trends across all of your locations and devices, helping you make effective business decisions.
You can easily access real-time product, sales and employee performance reports from anywhere at anytime.
Plus, you can create customised dashboards, perfect if you want quick and easy access to your key information.
Cloud-based Back Office
You can login to the back office management system from anywhere and it will give you complete visibility and control of your business, inventory and staff, no matter where you are.
Plus, you’ll be able add or edit products on the system - great if you want to start promotions for your best-selling products, for example.
Keep your data and information secure
You can create multiple users and set different authorisation levels for each of your staff members.
You’ll be able to monitor and control who can offer discounts, refunds and void sales, helping protect you from employee fraud.
The system also uses a PIN number or staff swipe cards to prevent unauthorised access and protect sensitive information.
Stock and inventory control
You’ll be able to track your stock and inventory levels from within the system, meaning you won’t need to do any unnecessary stock takes.
You’ll also be able to make sure you have your best-selling products in stock by automatically raising purchase orders and monitor any stock wastage and shrinkage.
Manage your customers
You can add your customers to the EPOS system as and when they make purchases. Making it easy for you to invoice them or give them credit.
You’ll also be able to collect key marketing information such as email addresses and phone numbers, ideal if you are planning marketing promotions.
Monitor staff performance
Staff members will be able to clock in and out through the till, allowing you to automatically generate their hours and pay.
Using the employee reporting tool, you’ll also be able to see who your best performing staff members are, which is great if you want to reward or incentivise employees.
Plus, you’ll be able to see where staff members are underperforming, helping you to identify gaps in training.
With an EPOS system, you’ll get an easily accessible overview on how your business is performing, all in one area.
Save time when it comes to reconciling receipts for end of day banking, or when tracking what stock you have available.
Whenever you scan a product or process a transaction, it’ll be safely recorded on the software, with no need to manually track this yourself.
You can generate performance reports such as how many sales have been processed, what products are performing well, and sales made by employees. Helping you to make effective business decisions based on your business’ performance.
Because EPOS systems are very flexible, a variety of businesses and industries can benefit from using them, including:
You can use the system to manage reporting for multiple locations all from one place, perfect if your business has multiple shops across the country.
The EPOS system can also be adapted to suit different business environments, ensuring the system is suited to your individual needs.
You can login to the back office where you can access a range of real-time reports on sales, products and employee performance. Plus, you can schedule the reports to send to your email address at specific times and dates.
Reports available include:
Sales - time period and comparisons, sales by individuals products, sales by employees, locations, promotions, brands and suppliers.
Stock - stock levels and warnings including any stock which isn’t selling, stock history and discrepancies, and any stock changes.
Customer - customer directory, purchase history and customer credit.
Staff - clock-in and clock-out, correct hours for wages.
Banking - tenders, end of day banking, petty cash and float adjustments.
Accounting - bookkeeping and payroll, as well as daily, monthly, quarterly and end of year tax reporting.
Auditing - any refunds, discounts, no sales and void lines.