How Much Does A Grocery POS System Cost?

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How Much Does A Grocery POS System Cost?
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How Much Does A Grocery POS System Cost?
POS or Point of Sales systems has become so much
popular nowadays. Due to their advanced
features and user-friendly handling, make it
useful. However, many people just avoid it
thinking that it will require a fortune to
install and maintain the system. They think that
POS is not viable for a small business such as
grocery. It will not achieve ROI soon. When
the tablet is combined with a POS software, a
card reader, and a receipt printer, it
becomes a complete payment system. It meets the
needs of a small or medium grocery shop. How
much does it cost? Well, the question is
tricky. A grocery system POS consists of
hardware, software, fees for a merchant
account, fees for installation, and cost of
maintenance. It would help if you considered
all of them while finalizing a system.
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Cost Elements of POS
The Grocery POS system is custom-built to manage
a large number of customers. A POS maintains your
inventory. It sets alarms for low stock, accepts
payments of all types at the tap of a touch
screen. It uses advanced analytics to get an
insight into the fast-moving and slow-moving
items.
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Hardware Cost
You can make a POS system as sophisticated as you
want. Before you shortlist and finalize a
product, it is essential to make a list of your
requirements. The cost of hardware largely
depends on its size and functionality. The
overall cost of installing tablets and card
reader is around 500 to 600. If you add a cash
drawer and receipt printer also, then it reaches
about 900 dollars. A dual unit with two tablets,
card readers, printers, and cash drawers will
cost around 1500. A three-unit fixed POS system
will cost around 5000, including the software
cost. When you consult POS companies, you will
find that they are flexible with the selection of
hardware packages. You may get it on a monthly
payment basis, or you may buy it by paying a lump
sum cost. Suppliers offer tablet stands, barcode
scanners, and other ongoing supplies as well.
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Software Cost
The more sophisticated the software is, the more
money you have to pay. It also depends on the
number of user licenses. The cost begins as low
as 70 per month for a basic system. A cloud
reporting system with unlimited users and table
side service will be 399 per month. A dual
package is available at 129 per month whereas,
and 24 per month for three to five licenses.
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