![]() ![]() Since the vendors and solution providers handle the maintenance, performance, and upkeep of cloud-based POS systems, businesses can operate with a smaller IT team internally, saving on the training and payroll expenses associated with maintaining a full-size IT department as required by the on-premises based POS solutions. Additionally, the solutions provider will take care of the maintenance and upkeep of cloud-based POS solutions, so business owners won't need to worry about these POS systems operating constantly. Firms only pay for the services they utilize, saving money on the fail-safe mechanisms and conditions for future-proofing that traditional on-premises POS demands. The foundation of cloud-based POS solutions is the idea of easy scaling up and down services can be added or removed at any time by the company depending on their and customers' requirements. ![]() Low Operational and Functional Costs of Cloud POS Solutions Propel the Market Among the main factors propelling the market expansion is the improvement of workplace productivity, efficiency, and dynamic decision-making abilities of companies and businesses. This results in an antiquated legacy system with specialized POS registration equipment and a significant economic revolution in many situations. Numerous businesses have realized the value and advantages of employing mobile devices as contemporary cash registers, which is one of the reasons cloud-based sales point (POS) systems significantly impact the retail industry. Interestingly, Lightspeed eventually purchased NuORDER which was quite a trip! I’ve worked so closely with both platforms but in completely separate contexts (Lightspeed being direct-to-consumer and NuORDER being wholesale) and I’m interested to see how they bring the two platforms together in the future.New York, United States, J(GLOBE NEWSWIRE) - POS, or point of sale, generally refers to the location of purchase, such as a cashier's kiosk or a restaurant's hostess desk (or side table). Reporting on all sorts of measures related to sales and conversion.Inventory data so that stores could order from a central warehouse from within Lightspeed.Sales transaction data which needed to land in our ERP system as soon as possible.Product information and pricing - this involved setting up product in a flat structure but support our matrix of product sizes.The types of information I dealt with in the context of Lightspeed included: ![]() In addition, I supported all users at HQ and in-store. ![]() Within Lightspeed, I helped design and manage the database of products and inventory to ensure it integrated with the ERP system. I handled the procurement and management of all technology in our stores such as POS hardware, network equipment, internet services, payment processing, traffic counters and audio-video (video walls). One unique aspect about these store projects was that I didn’t just deal with Lightspeed. As the primary resource from IT on the project, I set up the entire platform for the company’s first five stores. Lightspeed Retail is a SAAS based point of sale platform that is great for small to medium sized outfits. Ihad the pleasure of working with Lightspeed Retail POS during my time at Herschel. ![]()
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