Glossary

Point-of-Sale System

It is a system which can be applied to any type of business regardless of the capacity and kind. It is frequently presented as a combination of hardware and software which takes care of the businesses. This structure assists in saving time, removing duplication of the information as well as increasing productivity.

Generally, it brings detailed reports to better CRM services. If the client runs a business in e-commerce, it could be served by such system which receives the payments online. The system is clear and runs on any computer.

POS on the market nowadays are ready and set up to receive almost any kind of payment. Nevertheless, the customer must be careful in choosing the most sufficient one for a certain type of business. The users are also required to pay some money for software updates, maintenance, along with technical support. Its duties include monitoring the sales documentation and informing the client if the stock is running out.