5 Steps to Finding the Right POS Software for Your Business

Aug 09, 2017

Payments are an important part of any business, so it is important to get your process right. If not, you run the risk of losing custom to competitors. But, with so many point of sale (POS) systems to choose from, it can be difficult to determine which one is right for you and your business. So, to help, here are a few things to think about.

  1. Understand your business needs

POS systems do much more than just process payments, and they all vary in what they can and cannot do. So, before you start trying to compare all systems on the market, work out exactly what you want yours to do. Ask yourself what features would be useful to your business? For example, do you need POS system that can manage your stock control or is collecting and keeping track of customer data more useful? What systems in your business currently could use simplifying and what would make your payment process more streamlined? Also, think about what other software you have, and whether it needs to integrate with your POS software. 

When considering your needs, also try to avoid just thinking only about today; requirements change all the time. Choosing a flexible system, like MePOS, can cater for your needs now and allow for growth in the future.  

  1. Consider the hardware

When it comes to POS systems, it is worth considering the hardware as well as the software. Firstly, think about what you need in your business. Do you need static tills, customer-led kiosks or mobile payment terminals that can be taken anywhere? Also think about how many terminals you need and whether flexibility would be useful. MePOS systems, for example, enable you to quickly switch between mobile and static tills enabling you to serve customers at counters or as they browse. MePOS systems can also be made to take on the look of your brand, making your POS system part of your brand advertisement.

  1. Identify your budget

Once you’ve decided what you want, think about how much you are willing or able to spend. All POS systems cost money, but they vary in price. And, don’t just think about upfront costs either, consider what you can afford to pay monthly or for service and maintenance of your POS system.

  1. Research what your competitors are using

One way of finding out what POS system may work well for you, is to see which one others are using. Speak with similar businesses and find out which POS systems they have and, crucially, what they think of them. Ask about the benefits as well as the downsides and find out if they would recommend the system for a similar business such as yours. Consider asking about things like installation, ease of use, customer satisfaction and support once the system has been installed.  

  1. Investigate the POS company

Finally, look at what systems are out there that cater to all your needs and narrow down your options. Once you have a rough idea of which system you may want, investigate the company and its reputation. If you have already spoken to someone using it, you may have a good idea already as to what service and support is offered, but you can learn a lot from reading reviews and testimonials.  It may also be possible to contact them to get a demo or trial of the system so you can see how it really fits into your business.

MePOS systems are flexible, work with a range of POS software systems, and can fit with the needs of any business. If you are interested and would like to know how it can work for your company, contact us today.