A POS system saves time and duplication of work, and increases efficiency and accuracy in inventory, reporting, ordering, and providing excellent customer service. There are many benefits of using a point of sale system over a traditional cash register, since a computer is able to capture, store, share, and report data (such as sales, payment, or customer information). A Point of Sale System is the term used for the combination of computer hardware and software that actually manages the sales transaction. Point of Sale (or POS in its abbreviated form) is the phrase used to refer to the point-or location-where a sales transaction takes place, such as a checkout line or retail counter.
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