Cash Registers vs POS systems:How to choose?
What is a cash register?
Cash Register is a business machine that shows to customers the amount of individual sales, has a money drawer which can make change, records and total receipts, and may automatically calculate the change due. Nowadays, most cash registers are attached to receipt printers, credit card readers, scales and barcode scanners.
Even though cash registers cost only a few hundred dollars, if you want additional functions such as credit card readers, barcode scanners, then you would have to invest in these additional hardware.
Point-of-sale is where your customer makes a payment for products at your store.
The POS system is like a hub for your business which integrates everything like sales, inventory, reports, staff timesheet and customer library with loyalty features all in one single system.
Features and Functionality
Cash Registers:
- A point of sale (POS) machine for registering transactions
- Cash drawer
- Push buttons for entering sales
- Usually electronic with a display for seeing what you’ve entered
- Customer-facing display
- Integrations with other features and hardware limited
POS Systems:
- Customer and membership management
- Smart inventory system
- Automated promotions
- Cloud based system
- Reports and analysis(detailed sales reports)
- Equipment and POS software that form a till system
- Features help you manage your business
- Touchscreen till buttons
- Software runs on a computer, tablet