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Three things to consider before choosing a POS system

Although POS systems are designed to carry out daily transactions, they vary as these systems aren't exactly the same.


No two point-of-sale terminals are exactly the same. While the aforementioned benefits are available in any device, you’ll still have a number of options to consider when comparing your many options.


Carefully consider these 3 tips before making a decision:


1. E-POS vs Traditional POS


Unless your business has special needs that completely hinders the option, consider beginning with the E-POS system. For the purpose of this article, we will focus mainly on sapaNO Finance E-POS software, the benefits are numerous;


First, you can use any computerized device: PC, android, smartphone or tablet for sapaNO E-POS device, which leads to additional savings.


Second, E-POS options generally come with a free trial. You can download sapaNO Finance BETA app version on your smartphone and test the features and functionality before investing in it, by so doing you don't lose anything and can as well make your final decision


The above is just one of the benefits if you think your business may have unique needs. Another benefit you stand to grab is that you can stay anywhere and monitor the activities in your business.


2. Contracts and terms


Fixed, long-term contracts can put you in a bind if a solution turns out to be a poor fit for your business. Not to mention: today’s retail environment requires merchants to adapt to changes quickly, and having an ironclad contract could curb agility and growth. Going for a subscription-based POS makes it easy for you to scale up (or down) and we recommend sapaNO E-POS since it's subscription based depending on your needs. If you discover that it’s not the best fit for your business, you can always switch with minimal hassle.


3. Pricing


A cheap and low-quality POS system may lack the critical features and functionalities required to run a competitive retail business. Choosing the cheapest option may save you a bit of cash, but the time you spend trying to fix the system’s shortcomings could end up costing you more in the long run.


Create a list of what you really need from and find a POS model that meets your business requirements, by so doing you will avoid certain mistakes when it comes to the significant components of your POS.


The Cost


You need to also understand what it'll cost you to maintain the POS system, for the conventional setup that involves an actual register, you can expect that the main capital you need for this business is the cost of the machine and the funds you'd be dispensing to your clients. This should be between N50,000 and N250,000. Certain fintech companies like sapaNO Finance offer free POS systems to business owners. You can install the app onto your device and choose the package you want.


Conclusion

A point-of-sale terminal will simplify your business, also, the benefits of the E-POS cannot be over-emphasize. Once yours is set up and running, you can expect greater convenience, capabilities, and profit, while lowering overhead. Set a realistic goal, and view your POS system as an investment that’ll help your business grow and stay competitive. We simply recommend sapaNO Finance E-POS as it's tailored to meet your business needs


Other important information about sapaNO Finance POS systems;

  1. How to choose the right POS model

  2. The need for sapaNO Finance

  3. Key offerings of sapaNO Finance