Powerful software and cash register hardware

Inventory management

Product performance analysis

Sales reports and metrics

Employee management

Customer relationship management (CRM)

Loyalty programs

Sales, promotions, and discounts

Multi-store consolidation

Franchising

Commission calculations

Tip management

Accounting tools

eCommerce integration

And many more

These modern POS cash registers and computers give business owners a more powerful tool to run their store and also improve the customer experience. Lines move more quickly, terminals and checkout areas look more sleek, and cashier mistakes or troubleshooting is minimized.
3. Mobile Cash Registers on Tablets

While large retailers often require large, desktop POS machines, many businesses can benefit from a tablet point of sale (mPOS). These usually come with the same features used to improve business operations but cost less than a traditional desktop point of sale solution. And unlike desktop cash registers, tablets can be easily moved about the retail space, allowing associates to check out customers quickly and conveniently. During busy times of the day, these tablets are fast to turn on and add a new checkout lane or mobile checkout.

There are downsides, compared to desktop machines, however. Tablets have less processing power and will not be able to complete transactions as quickly as desktops. They also are more difficult to navigate various back-end features. Finally, tablets are more prone to theft. They are easier to sell and much easier to walk out of your store with. While not a rampant problem, it’s important to take basic security measures to prevent retail theft.

And like desktop cash registers, tablets should come with all standard cash register peripherals. It should come with a credit card machine that accepts EMV cards and contactless forms of payment, a laser receipt printer for speed and clarity, a sturdy cash drawer, and scanners used for checkout and inventory.

4. Cloud-Based Cash Registers

Both desktops and tablets can now be operated through the cloud, the most recent advancement made to cash registers. A cloud-based system comes with many benefits and great flexibility. The difference is in the software rather than the hardware.

Simply put, cloud POS software allows for greater connectivity. A cloud system can be accessed through any supporting device from any location with internet access. That means that these cash registers can be reviewed and updated from off-site. All data is held in a remote server and updated in real-time. This means that business owners can see daily sales, manage inventory, complete orders, track promotions, perform accounting tasks, from the store, from home, or on vacation.

And because the data is stored in secured remote servers, it’s much more difficult to steal. On-site servers keep all inventory, product data, and financial information much better protected.

Finally, cloud point of sale cash registers keep your system up-to-date at all times with automatic software upgrades. Once a new version or small fix is made to the software, the POS will download the new version overnight, ensuring that you always have the best system.