EPOS: Why Cheaper Isn’t Always Better
How much does an EPOS system cost? That’s a very common question among businesses, particularly those in the retail or hospitality sectors, and it’s proving to be a very difficult question to answer. Many EPOS systems are quite flexible and customisable, meaning that there’s often no set price, and that the price of the system is largely determined by what you need the system the be able to do. What we do know, however, is that despite there being more than 1.8 million EPOS terminals around the world today, businesses are still very concerned over prices, and are always looking for low cost solutions.
However, when you’re thinking ‘how much does an EPOS system cost?’, it’s important to understand that in terms of this particular technology, there’s more to it than cost. Cheaper isn’t always better. If you’ve already started browsing the various types of EPOS system available in the UK, you may have noticed that there are a number of free versions or very low cost versions about. But when it comes to EPOS, you really do get what you pay for. Here are just a few disadvantages to free EPOS systems:
Software Only – Free EPOS systems are often ‘software only’, which means that while you’ll be able to utilise the software for free, you’ll need to provide your own hardware. In many cases, EPOS systems can be used with Apple or Android devices, but if you want more – like a barcode scanner or a receipt printer – then you’ll need to purchase these yourself, which can be costly when buying individually.
Cloud-Based – You may also find that some free EPOS systems are cloud-based. There are arguments both for and against cloud-based EPOS systems, but security still remains a prime concern. It’s reported that 18 percent of IT departments are still wary of cloud-based computing due to the security risks, and some businesses may not be comfortable sharing staff, stock, and pricing information over the web.
Restrictions – Many free EPOS systems are designed as ‘tasters’, giving you an idea of how the product works before committing to a purchase. This means that some systems be have limitations, such as only performing a small selection of the available functions and having a much smaller memory. Others may be time sensitive, allowing you to fully utilise the system for a set period of time before needing to pay.
How Much Does an EPOS System Cost?
Believe it or not, there’s really no need to settle for a free EPOS system that doesn’t meet your needs, or which you find difficult or frustrating to use. Good EPOS systems don’t need to be costly, with a £35 per month subscription free considered standard in the UK. There will also be a one time cost for hardware, but this is an area where you can really customise your product to your own specifications and your own budget. To get started, compare EPOS systems online and find the best product – and best price – for you.