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What EPoS System Should You Pick?
Any business that sells products to customers can make use of an EPoS system. The size of EPoS system that you get will depend on how big the business is, a very small organisation may not need a complete system.
Stand-alone EPoS systems
The average cost is around £5,000. For this five grand you will be gaining a terminal, software, printer and back-office network. With integrated XML or EDL links, you can connect your EPoS terminal with your website and physical stores. Highly beneficial if the company has more than one location such as hotels and department stores.
Software-based solutions
If you have a PC that could run an EPoS system then you can get additional software for approximately £350. There are many other features available that can simply be plugged in including printers, card readers and customer displays.
EPoS/Accounting systems
The average cost for these systems is around £500 per terminal. Additionally, the back office PC will need some personal software and you might need to buy more modules for extras such as Electronic Funds Transfer (EFT), label printing or remote access. This can be a cheaper and more flexible way to buying EPoS software although your supplier will need to consult you on all of the modules and extras you will require.
Contract out EPoS to a third party specialist
The UK has not had this option for very long. You can rent software from an Application service Provider (ASP) who will secure your link through the internet and help you manage the system. Any technical problems that you come across will be solved by the ASP. You will need to have a secure broadband connection to run EPoS this way.
Customised EPOS solutions
Consultants and software experts can tailor-make and design an EPOS solution and integrate it with existing hardware and software and also your web site. It will however cost you in excess of £10,000 as you are paying for labour and software but this price will change depending on your personal needs. For very large corporations like hotel chains and national shops, this is the best EPoS system.
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