It's no surprise that in a world with rapidly evolving technology things become obsolete quickly. For example, cloud technology is everywhere and it has made its way into point of sale (POS) systems. As a result, many businesses have begun replacing their legacy, or traditional, POS platforms in favor of cloud-based POS systems that offer a wider array of benefits.
Cloud-based POS systems are a type of software-as-a-service (SaaS). These Web-hosted solutions store information offsite in secured servers and make the data accessible to users online. Cloud-based POS platforms offer unparalleled simplicity where legacy POS systems fall short.
Unlike traditional POS systems that charge expensive upfront fees for hardware and licensing, cloud-based POS systems come with little to no upfront fees and minimal monthly payments. Installation for cloud-based POS platforms is less complex and maintenance is a breeze because the system automatically updates itself, causing no operational downtime. Additionally, cloud-based POS systems are guaranteed by major card issuers for retailers with updated POS systems, protecting businesses from incurring unnecessary fees from fraudulent charges.
Every file that is stored in the cloud is stored in multiple servers that are housed in a secure location. Depending on which company a business is using for cloud services, the servers will typically have numerous layers of redundancy and be monitored constantly. With a cloud-based POS, businesses can ensure their data is secure from theft, viruses, human error, or natural disasters.
Cloud-based POS systems are highly scalable because unlike on premise servers, cloud servers do not run out of space to store data. The freedom and mobility cloud-based POS systems offer allows owners to manage their business and have access to important data anywhere, even on the go.
Cloud-based POS platforms remove the possibility for human error, which can lead to unrecorded sales and imprecise inventory management. By transitioning away from legacy POS systems, businesses can achieve a level of unmatched accuracy, giving the company the tools and data it needs to continue to grow and maximize revenue.
Unlike traditional POS platforms, cloud-based POS systems easily integrate with a wide variety of external software, such as those used for accounting, online ordering and loyalty programs. This allows a business to diversify and modernize their services to offer a better experience to customers.
Before adopting a cloud-based POS system, businesses should consider the investments they have already made in their existing traditional POS platform and the agreements they are bound to. Once the decision to switch has been made at a time that's right for the company, the best option to minimize operational downtime and effectively import data without risk of corruption is to utilize the services of a custom software developer who can ensure a quality transition. This way businesses will be able to migrate quicker and reap the rewards sooner.
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Chetu does not affect the opinion of this article. Any mention of a specific software, company or individual does not constitute an endorsement from either party unless otherwise specified. This blog should not be construed as legal advice.
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