POS (Point of Sale)

Point-of-Sale (POS) is the place where a purchase is completed and where the store manages transactions. If a customer stands in front of a cash register and the cashier rings up their items and tells them the total cost, that's a POS system at work. Today, the POS isn't just a physical cash register; it often takes place on a computer or tablet thanks to specialized software. And POS systems do more than just calculate prices; they can also track inventory, manage customer information, and sometimes even process payments. POS software helps businesses run smoothly by ensuring accurate transactions, managing inventory, and providing insights into what's selling and what's not.

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Michael Saifoudine, OrderCast
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