Running a successful retail business in 2024 means staying ahead of the curve with the latest technology. One essential tool for modern retailers is an Electronic Point of Sale (EPOS) system. These systems are no longer just about processing transactions; they now offer comprehensive solutions that include inventory management, customer relationship management (CRM), and advanced analytics. Today, we’ll dive into the best retail EPOS systems of 2024 and explore how they can enhance your business operations.
Why You Need a Top-Notch EPOS System
A high-quality EPOS system can transform your retail operations by streamlining transactions, managing inventory, enhancing customer experience, and providing valuable data insights. Now, let’s look at the best EPOS systems available in 2024. Here are the details of top-notch EPOS Systems available in the market:
MPOS System
With over 40 years of industry experience, MPOS truly understands the retail business. Their extensive knowledge and industry feedback have helped them create a comprehensive POS system known as MPOS Till that addresses all your needs. They are adeptly aware of existing challenges in the retail world and have designed a solution to overcome them. This is why MPOS is trusted by over 1,200 clients across the United Kingdom. Currently, more than 2,000 tills are running their MPOS software, and their SuperPROF Master Product Database includes over 500,000 products.
Features of MPOS Products:
MPOS features state-of-the-art products. Here are the details:
1. MPOS HHT (Handheld Terminal)
The MPOS Handheld Terminal (HHT) is a powerful device that provides instant stock management and data updates. It allows businesses to upload invoices, log the reception of goods, and update stock records efficiently. With the ability to integrate back-office capabilities, the HHT enables you to control every aspect of your store directly from the shop floor, ensuring effortless management, mobility, and payments.
2. ESELS (Electronic Shelf Edge Labels)
Electronic Shelf Edge Labels (ESELs) offer numerous benefits for retailers in managing pricing, promotions, and information at the shelf level. These labels can be updated remotely and instantly when promotions are chosen from the list and uploaded to the system. ESELs optimize the process of updating pricing and product information, ensuring a seamless and efficient workflow. Don’t let pricing errors hinder your efficiency—use ESELs for precise and timely updates.
3. Self Service Kiosk
MPOS Self-Service Kiosks streamline the checkout process, allowing customers to easily scan and pay for items using integrated chip and PIN card payments. These smart, intuitive kiosks offer self-checkout with additional screens for self-scanning, reducing wait times during peak hours and enhancing overall customer satisfaction with high security and efficiency.
4. Weighing Scale
MPOS integrates with weighing scales to ensure accurate measurement of weighed products. This facilitates precise inventory control and reduces errors in managing perishable goods.
5. Cig Gantry
The Cig Gantry integrates seamlessly with MPOS, ensuring efficient handling and effortless dispensing of tobacco products.
6. Wastage Labels
Integrating wastage labels improves efficiency by identifying and managing expired products. Additionally, using reduced cost labels for items nearing their expiry date helps minimize losses and reduce costs.
Square POS
Square POS is perfect for small retail stores and pop-ups due to its simplicity and robust features. It is free to start with, and users only pay transaction fees of 2.6% + 10¢ for card transactions.
Square offers a range of stylish and versatile hardware, including mobile options, making it highly adaptable for various retail setups. Its software is comprehensive, covering multi-store stock management and email marketing. Square is also known for its strong integration capabilities with third-party apps, making it a flexible choice for small businesses.
Clover POS
Clover POS is ideal for medium to large retail stores. It offers comprehensive hardware options suitable for larger operations, including POS terminals and customizable displays. Clover’s software provides advanced inventory management and employee time tracking. Its interface is user-friendly, making it easy for beginners to navigate.
However, Clover does not offer a training mode, which might be a drawback for new users, and its customer support response times are slower compared to competitors like Square.
EPOS NOW
Epos Now is a great choice for businesses that prioritize ease of use and quick staff training. It offers custom pricing based on business needs and includes a range of hardware such as touchscreen POS systems and handheld devices.
Epos Now’s software is intuitive and easy to learn, reducing training costs significantly. The quick setup with one-on-one onboarding and excellent integration with third-party products make it a top contender for retailers looking for a straightforward solution.
Revel Systems
Revel Systems is best suited for retailers planning to expand to multiple locations. It offers scalable solutions with comprehensive hardware, including POS terminals and mobile options.
Revel’s software focuses on multi location management and features an “Always On” mode to ensure sales continue even without internet access. While its customization options can be complex and costly, Revel Systems supports growth effectively with its robust and reliable solutions.
Shopify POS
Shopify POS seamlessly integrates with Shopify’s ecommerce platform, making it ideal for businesses that combine online and physical stores. It is free with Shopify’s ecommerce plans, with transaction fees of 2.7%.
Shopify offers a range of hardware, including card readers and complete POS kits. Its software provides comprehensive analytics and reporting, helping businesses gain valuable insights into their operations. However, transaction fees can add up for high-volume businesses, and users are limited to Shopify’s ecosystem (Business News Daily).
Final Thoughts
Choosing the right EPOS system for your retail business in 2024 can significantly impact your operations and customer satisfaction. Whether you’re a small pop-up shop or a large retail chain, there’s an EPOS system tailored to your needs. By leveraging these technologies, you can streamline your operations, gain valuable insights, and ultimately drive your business’s success.
