In this modern world, the continuous advancement of technology has opened up many new scopes for every business to develop in different ways. Now the traditional approaches are gradually being replaced by the more advanced mechanism. For instance, the POS system has been in use for many years but the modern Point of Sale technology has experienced uncountable changes. Traditional POS systems are currently being replaced by cloud-based POS machines as they seem to be more trustworthy and feasible.
Unsure what the difference between traditional POS and cloud-based POS is and which one is better?
Let us discuss!
Traditional POS – Also named as Legacy POS, a traditional POS runs on a closed network and the information is preserved on a local server. In a nutshell, it just stores your personal info in your PC at home that can’t be accessed from somewhere else.
Cloud-based POS – Also known as Mobile POS or SaaS POS (Software as a Service POS), cloud-based POS is based on the web and runs on the cloud service, which means all data are stored online. This will be like data storing in a place like DropBox or Google Drive, which you can share with others and can access from anywhere using the internet.
When it comes to these two types of POS systems, there are many comparisons:
- Integrated Systems
Sometimes it’s hard to integrate new features, modules, and updates for traditional POS systems, which makes it tougher to tailor the system, and the business requires using it as it is.
Using the cloud-based POS, you can completely integrate higher performing modules and associate with third-party software programs for tailoring the POS as per the business requirements. These modules incorporate inventory handling, CRM, online ordering, accounting, loyalty programs, and so forth.
- Constant Updates
The server should be manually updated on-site for many traditional systems, which causes fewer updates.
For cloud-based POS, the provider applies the updates remotely and automatically; hence, there is no requirement for on-site visits for updating the system. Generally, they update more regularly than the traditional ones and updates in real-time, making sure that you will always use the latest software version.
- Data Availability
Using traditional POS, you can avail data just on-site; thereby the manager or owner should be present physically in their business operation for making every change to the products or services, for seeing sales report, and for checking staff check-ins.
Using cloud-based POS, you can access data anytime, anywhere. The manager or owner can check every report in real-time from everywhere using the internet from any device. Moreover, they can make all changes online, offering remote convenience and reducing the requirement of being present physically for doing everything.