What Does Epos Software Do?

Understanding what is epos software boils down to understanding what it does. A POS system process the sale where a transaction takes place. It has been doing this since the time of when the first cash register has been built by IBM in 1973 which were store systems could handle multiple POS registers. The system introduced the primary use of client server technology, peer to peer communication, remote initialization, and backup. In 1974, McDonald's were the first to use microchip controlled cash register systems.

 

The first commercial graphical epos software came out in 1986, which featured a colored touch screen device interface, which was installed in many restaurants. In 1992, first epos software came out that could run on Microsoft's Windows platform.

POS systems have become one of the most complex software systems today due to the varied features required by various businesses or end-users. POS systems at first served the retail, wholesale and hospitality businesses, epos software suites included functionalities apart from managing sales transactions such as inventory, stock checking, vendor ordering, customer loyalty, reporting modules, purchase ordering, stock transferring, generating barcode, accounting and bookkeeping. Also, for practical purposes and to maximize the system's ease of use, every one of these modules is interlinked.

 

Modern POS systems are used in every business of service and selling. They are used in health care management, goods and property leasing, hardware repair shops, ticketing offices and other operations. EPOS software capabilities have also been increased to process financial transactions, book and allot facilities, keep customer service records, track products and processes, invoicing, and monitoring of debts and outstanding payments.

As should be obvious, POS system is the jack of your business; which is the reason POS systems are worked for reliability, high and consistent operating speed, remote support, and rich functionality to meet multiple needs and requirements of an assorted group of customers.