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A POS system is designed in a user-friendly way so that it works efficiently and accurately, which, in turn, saves time and resources. Besides, it helps the sales staff concentrate on retailing, rather than handling the cash counter. It gives them the time to focus on customer interaction as well.

POS systems are used in every industry and business field; in simpler words wherever monetary transactions are involved. However, the most common example of POS can be seen in shopping malls or shops at the cash counter. While checking out, the cashier pulls out a machine and scans the product and the merchant produces an invoice mentioning the sum

Among the best features of POS systems is that it offers remote tracking of the business concerned. It allows the merchant to track and maintain a record of the entire business from anywhere in the world through a device connected to the Internet.

Target, a retail chain, uses a POS system that is programmed and designed by their respective IT department. The in-house system designed by Target can handle thirty registers in a single store. Additionally, it runs on servers located in the same store. They have designed a system that caters to their own requirements with ease.

The trends influencing Restaurant POS are cloud technology, data security, data analytics, mobility, restaurant loyalty, omnichannel & customer engagement.

Some of the features of a POS system are:Sales monitoring and recordingSales reportingManagement of cross channel returnEmployee and staff managementCreating and availing gift cards and couponsInventory managementBilling and recording of orders made