Advantages and Disadvantages of Point of Sale System

Running head: POINT OF SALE

1 | P a g e P O I N T O F S A L E
Table of Contents
Overview...............................................................................................................................................1
Pros and cons of POS system.................................................................................................................1
Advantage offered by point of sale system...........................................................................................1
Advantages of centralised database......................................................................................................2
Decision making is easier by POS system...........................................................................................2
Pos processes business operations effectively..................................................................................2
Using manual methods for tracking the data....................................................................................3
Question which could be answered...................................................................................................3
Information used for better business management..........................................................................3
Telecommunication network and media...............................................................................................3
Type of network................................................................................................................................3
Type of media....................................................................................................................................3
Risk due to POS system.........................................................................................................................3
Conclusion.............................................................................................................................................5
References.............................................................................................................................................6

2 | P a g e P O I N T O F S A L E
Overview
It is necessary for an organisation to chick that they are working on an updated
technology as it is the world where businesses are completely dependent on the technology.
Point of sale is one such technology that helps in monitoring the sales and all the transactions
in an organisation. This report comprises of the advantages and disadvantages of the system
and various communication channels that are used in the POS system have been discussed.
Pros and cons of POS system
There are various advantages and disadvantages that are offered by POS system.
Advantages
 It store all the data related to sales and transactions on the real time approach.
 It provide alerts to users regarding all the sales transaction made, which in turns
enhances the customer relationship management (Kenrick and Jabri, 2018).
 It plays an important role while making decisions as information is received at
anytime and anywhere.
 It makes sure that there are no errors caused due to humans and quick services are
provided to end users (Kenrick and Jabri, 2018).
 It also make sure that problem of data redundancy is resolved.
 It adds transparency to the work process as all the sales information is shared
instantly.
Disadvantages
 Point of sale system offers various issues due to the loss of security and privacy of
data.
 An IT expert is required for maintenance of point of sale system (McCarthy,
2018).
 It may lead to loss of data if system get corrupted as there is no backup plans
designed thus it is not proven to be good for an effective business environment
(McCarthy, 2018).