What Is a Point of Sale (POS) System? A point of sale (POS) system is a computerized system used to track sales and inventory. A POS system can also be used to process payments, manage employee hours, and create reports. There are many different types of POS systems available, so it is important to choose one that meets the needs of your business. Some factors to consider when choosing a POS system include the type of business, the number of registers, and the features needed. A POS system can be used in a variety of businesses, including retail stores, restaurants, and hotels. It is important to choose a system that is compatible with the type of business you run. For example, if you run a restaurant, you will need a system that can process payments and track inventory. The number of registers your business has will also determine the type of POS system you need. If you only have one register, you will need a system that is installed on the register. If you have multiple registers, you can choose a system that is cloud-based and can be accessed from any computer or device. The features that are important to you will also determine the type of POS system you choose. Some common features include inventory tracking, employee time clock, and customer loyalty programs. A POS system can help you track sales and inventory, process payments, and manage employee hours. It is an important tool for any business. Choose a system that meets the needs of your business and you will be able to improve efficiency and productivity.