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5 Ways POS Systems Are Changing (and Why It Matters)

  • In addition to checking out customers efficiently, POS systems can be used to collect customer contact information, track inventory and generate sales reports.
  • POS systems automate the checkout process, track sales, and inventory, and can often integrate with your other business applications, like your accounting software.
  • Some POS systems can help you manage both your online and brick-and-mortar sales channels.
  • This article is for small business owners who are interested in how POS systems have improved in the past few years.

Point-of-sale (POS) systems are advancing, providing businesses with greater flexibility, control and intelligence than ever before. Businesses have moved from traditional cash registers and stationary credit card readers to tablet and cloud-based POS systems. This shift in technology not only provides businesses with additional features but also allows businesses to keep all reports and transactions in one place.

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