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Last Updated: 28. June 2018

8 Advantages of Having a Cloud Based POS System

Technology moves on and new features are often launched. Today many POS systems are cloud based and this can be a real advantage as it offers many features and facilities to your store. Here we list some good reasons to have a cloud based POS system and  increase your productivity.

1. Flexibility

A cloud based POS system can be accessed from any devices as long as it has a browser. From a phone or a tablet, from work or from your sofa, you will always have access to your data. Managing your business doesn’t mean that you have to be in your store anymore.

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2. Mobility

Besides managing your business from home, a cloud based POS system also allows you to be mobile inside the store. As the system can be used from a portable device, it allows sellers to move around with the equipment. This can be very practical as vendors can have the product’s information quickly available. Moreover, this feature is extremely used in restaurants as it allows waitresses to automatically send orders to the kitchen printer, and take payments at the customer's tables. Having an mPOS system therefore improves customer service.

3. Real Time Processing

As soon as an item is sold, the cloud based POS system instantly saves the information. Sales reports, stocks and customer information are always updated.

4. Secure Backup

With a cloud based POS system, data is always saved online, which makes the system safer. Additionally, as everything is automatic, you don’t need to worry about where and how often your data needs to be backed up. 

5. No High Up-Front Costs

Most of the times a cloud based POS system can be installed on your existing device, which will save you from buying an expensive hard drive, such as a computer.
Regarding the software, it can come for free to up to £3,000. The cost of the program varies depending on the number of cash registers, number of items in the store and number of vendors.
Additionally, you will generally need to pay a low monthly fee. This will typically be between £40 and £130, and the fee can be fixed or based on credit card processing charges.

Read more: Free POS system

6. Personalized POS System

A cloud based POS system has many different options and you can decide which ones you need for your store and which ones you don’t. Marketing, accounting and loyalty programs can be totally adapted to your needs. You might need a management option to help you successfully control your employees. Also, it could maybe profit your store to have a powerful loyalty program that could advertise your business.

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7. Have the Latest Trend

In today’s world technology is moving very fast, and you don’t want to have your new equipment obsolete a few weeks of possession. A cloud based POS system can usually be updated easily and for free. New versions secure you will always have the latest trend and the best available tools.

8. Keep track of your Performance

A cloud based POS system can easily be upgraded, and it can track your growth and business needs. Additional product lines, features or stores can be added to the software. Nevertheless, even if it is rare for this equipment, don’t forget to check if your provider charges a cancellation fee to avoid being locked in a specific contract.

Even if a cloud based POS system seems perfect, there are a few points to check before opting for this option. Check how you can transfer your data from your existing POS system, and if the provider will help you in this process. Also, you need to be sure you have a powerful internet connection or a software that can run without it, and synchronize when you are back online. You don’t want to be in a situation where you can’t receive any payments.

Are you tempted with the advantages and importance of having a cloud based POS system at your store? Before making a choice, you need to know which features your business needs. This will require some research on the different options and available suppliers. We can help you with this process! Just fill out the quote request form at the top of this page. You will receive up to four quotes from our qualified suppliers, with no strings attached.