Cash Registers Are Not Equal To POS Systems.
So what are the real differences:
Cash Registers – Only limited data is available for making business decisions.
Even modern cash registers are generally configured to do little more than accumulate departmentalized sales totals, calculate taxes, provide some limited reporting, and some minimal historical information.
As an example, Cash registers only show you what you have sold, not what’s actually going on with your Inventory. Costs are not tracked, so you never have a proper valuation of your inventory regardless which report you are running.
Cash Registers – Have and a greater opportunity for more theft
Simple Cash Registers create a scenario where there is no detailed inventory level information, no min/max recommendations on what to order, no info on what was received, or what is being wasted or stolen.
Some examples of things that a Cash Register will not be able to detect that relate to theft are:
- Employees in convenience stores eating and drinking the inventory without paying for it.
- Employees selling products at deep discounts to friends and family members, often below cost.
- Customers stealing unsecured inventory.
- Customers swapping price tags.
- Freebie’s given out to visitors to the business or staffers friends.
If you would like some more information about how a POS system can help your business, please contact the CCS Retail Systems Sales Department.
– John