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While choosing a Point of Sale (POS) system, it is important to appreciate the main differences between modern cloud-based point-of-sale solutions such as XtraPOS Cloud and traditional systems. We will look at these options here to be able to determine which one will suit your business better.
1. Ease of Access and Management
XtraPOS Cloud: Being a cloud-based platform, XtraPOS allows you to control all the operations from any device with an internet connection. This means that you can manage sales, make changes to stock, and supervise different sites even without being on the premises.
Traditional POS: Is usually dependent on hardware that is on-location and requires installables, which solely allows management via physical terminals.
2. Scalability
XtraPOS Cloud: This system was built to benefit from growth, therefore it scales
seamlessly. Be it new sites, new product characteristics, or new online distribution, XtraPOS connects easily to platforms such as Shopify to enable selling across several channels without increasing setup costs.
Traditional POS: Expanding the operations almost always requires considerable
costs to upgrade or acquire new hardware and software which makes it not a verygood option for a business that is expected to grow.
3. Features and Functionality
XtraPOS Cloud:
This advancement allows for quite effective inventory management which cuts down on stockouts and inventory surplus.
This has built-in analytics and reporting to enable the users to make decisions based on available data.
Aids in the integration of the online stores which helps control both online and offline sales channels from one system.
Reinforced with regional taxes, such as Malta, adapted for local needs.
Traditional POS: Such types are good for performing simple tasks such as handling payments and keeping rudimentary records but do not provide sophisticated functions such as analytics, eCommerce integration or synchronisation.
4. Cost Implications
XtraPOS Cloud: Subscription-based reducing the burden of high initial capital that goes to the purchasing of hardware. Also, the latest features are always accessible at no additional cost.
Traditional POS: High initial cost to acquire hardware, install and maintain it means high overall costs are to be expected.
5. Data Security
XtraPOS Cloud: Leverages a secure cloud environment that entails regular data backup which increases safety and reliability.
Traditional POS: Contains data in system memory, which is more prone to broken
hardware or data breaches.
For merchants that are flexible, seek growth and modern capabilities, XtraPOS
Cloud is the answer since it is the most advanced. It is good at managing multiple business locations, integrates well with eCommerce, and provides analytics to improve performance. However, if you only need basic functionality for a single location, a traditional POS might still meet your requirements.
Need more information? Contact us.
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