Point of Sale (POS) Service

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Point of Sale (POS) Service

A POS system, or point of sale, is a combination of hardware and software built to centralize business operations. It manages the transactions for your business, including credit card processing, and the post-transaction operations that lead to customer fulfillment, whether in a retail or restaurant setting.

 

The functionality POS systems can provide is why they are replacing traditional cash registers. POS systems are  finding new ways to increase revenue, allowing companies to tailor their experience to meet the customers' needs, and improving operational efficiency. The impact on businesses can be drastic, in our research we have seen some companies have:

  1. 20% increase in revenue by giving companies access to online ordering and gift card programs, and enabling faster throughput of customers
  2. 30% reduction in labor hours by tracking labor costs
  3. 4% savings in annual sales by analyzing inventory and sales trends to reduce theft
  4. 10x more loyal and regular customers by providing loyalty offerings to entice customers to return

Learn how the Toast POS was designed specifically to help restaurants operate smarter.

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