A point-of-sale (POS) system is crucial in running and growing a business. Customers shop in different ways: some will complete their purchase online, and others want to walk into a brick-and-mortar store. Whichever way they use to find and buy from a brand, the last step in their journey is the “point of sale”.

This is why you should invest in a reliable POS terminal machine so that your business can securely process sales transactions, manage administrative tasks more efficiently, and give your customers the best checkout experience.

There are many factors to consider in choosing the best POS solution for your business. In this article, we will dig deeper to help you better understand how to choose the right POS system for your business.

5 Factors to Consider When Choosing the Best POS System for Your Business

Not all POS systems are made equal. Some models fit your business needs better than others. A POS terminal - especially a mobile POS terminal - helps you to accept and process payments even on the go. With “POS system”, we’re referring to the combination of a POS terminal or POS cash register and other complementary devices or accessories. So while your POS system setup can change, the benefits and main features to consider are mostly the same.

Here are 5 factors that can help you pick the right one for you:

1. Ease of Use

The most basic functionality of POS systems includes the ability to process payments, track sales, streamline inventory management, and analyze customer data. Your chosen POS system should be user-friendly and easy to navigate, not only for you but for your staff as well.

A high-quality POS system should come with the latest version of its operating system and a seamless layout. A straightforward user interface ensures your employees don’t have to undergo training to learn how to use the POS equipment.

If you want to reward your customers, you should opt for a system that allows you to arrange loyalty programs and other incentives. Such a POS system could request your customers’ phone numbers to invite them to your loyalty program when they make a purchase.

In a POS system, advanced features shouldn’t come at the expense of usability. The Urovo POS terminal machines are designed to adapt to your needs, not the other way round. Our POS software - the Urovo Enterprise Enabler (UEE) - can help you save precious time and resources while also protecting your business from the consequences of human errors. It is as flexible as it is easy to use. Your staff will be able to use the Urovo POS equipment straight from day one.

2. Mobility

The best POS systems will make it easy for you to access information such as recorded sales and inventory data at any time and anywhere. The traditional point-of-sale systems limit businesses to one location, but mobile-enabled POS systems offer unlimited possibilities.

With a simple click of a button, you can access all of your business information from anywhere on any web browser through a cloud-based POS system.

Today, businesses like restaurants need to be mobile as they serve customers throughout the whole dining area or in different locations. Before choosing a particular POS system, be sure about how much mobility your business demands.

3. Sales Report Generation

POS systems typically provide sales data, but how they present this information ranges from one system to another. You should be able to get an in-depth sales report in an accessible and understandable format to quickly identify the most selling items and adjust their pricing.

In addition, because of the report, you can easily track sales by departments, what items were sold and when they were sold. This way, you can adjust your employee schedules at any time to ensure your customers are well-served when they need help the most.

With sales reports provided by your POS system, you can see your business’ best assets and determine what areas need further improvement.

4. Hardware Capacity and Durability

You don’t want to lose money and valuable time just because your chosen POS system keeps crashing or can’t be customized to make business transactions faster. The flexibility and level of customization available for POS hardware should work together with the features and reliability of POS software.

In some cases, POS software only works on hardware from a specific vendor. However, you can also install your POS software on other devices, including tablets and smartphones. Feel free to request other elements to your POS equipment, including barcode scanners, receipt printers, and more.

Invest in a POS system that takes usability and customization to the next level. Your business will thrive when your employees use equipment that works for them and not against them. 

5. Security for Business and Customers

No matter the number of features of your POS system, they all mean nothing if you are not guaranteed the security of customers’ private information. There is always a security risk that comes with payment systems.

To ensure you are getting a system that provides the security you need, start by checking the latest industry standards and regulations concerning financial security. If your POS system does not meet the minimum qualifications for payment security, then it’s not worth it.

In today’s world, cyber threats are real and growing. Cybersecurity has taken on a new importance. Customers want to be confident that their payment details are protected and safe at any time during the transaction. Our POS payment terminals are PayPass, PayWave, EMV, and PCI certified.

Take all the necessary steps to ensure the maximum security of your customers’ payment data. Your point-of-sale (POS) system is the nerve center of your small business. It should support you rather than contribute to damaging the credibility and reputation of your business.

Take, for example, the POS system used on our POS terminal machines. It allows you to manage the entire lifecycle of your business information through high-security encrypted transmission. With the Urovo Enterprise Enabler POS software, you can rest assured that your customers’ and business’s data is always safe.

Conclusion

With all the information provided here, you are one step closer to selecting the best point of sale solution for your business. Get started with your research now by looking up companies online, reading reviews, and weighing up more detailed product specs.

By doing this, you can narrow down your search further and find a provider that sells top-of-the-range point-of-sale systems and payment solutions that best suit your needs.

We at Urovo are the world’s leading industry mobile application solution provider. Since 2016, we have been serving businesses in over 100 countries and regions. We empower the front line of business in logistics, retail, finance, medical care, manufacturing, public sector, transportation and other industries to achieve a performance edge. We make it simple for you to meet and exceed your customers’ demands with the most reliable and secure POS systems.

Contact us today to request a free quote!