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POS cash drawer: more than just a cash register
Written by: Momie Tullottes
Almost anyone can operate a standard cash register which can be a detriment if you're concerned about unauthorized people accessing your business' cash. With a POS cash drawer, the only people who can access it are registered users with a password.
Since a POS cash drawer endures a lot of abuse from being opened and closed several times a day, the best drawers are made of solid steel for durability. When it's time to make a purchase, getting price quotes and product details from multiple vendors will help you select the right solution for your company's needs.
What makes a POS cash drawer different?
A POS cash drawer can only be operated together with the appropriate POS cash register equipment and software. This helps prevent theft and also helps keep better tabs on sales which are tracked in real time over the Internet through the accompanying software. The same transactions using a manual cash register won't allow you to save data or process real-time sales. A POS solution with a durable cash drawer can also track inventory, customer information, refund dates, and more.
Why use a POS cash drawer?
Accounting is made simpler through the use of a point of sale cash register. There are fewer steps and less paperwork to be processed compared with a manual cash register. If your company has several locations and your customers wish to use their accounts at more than one location, point of sale equipment makes that simpler.
For example, if a customer purchases a vacuum from a retailer, his information is plugged into the POS system including name, address, phone number, and all previous sales transactions. A few days later, the customer decides he no longer wants the vacuum but can't locate his receipt. The retailer would then be able to look up the specific information about the purchase to process the refund.
It's also more secure than a typical cash register. If you're holding a big in-store sale, you'll likely have more customers to keep an eye on and the potential for someone reaching into a cash register increases. By requiring your staff to enter a unique password to open the drawer, you reduce the risk of seedy customers stealing from you.
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