This article intends to explain the major benefits that are obtained by the cloud POS system. Let’s see the meaning of POS system which can majorly seen in the retail industry. POS means point of sale is the place and time of retail transaction that occurs in any retail store between the merchant and the customers. The transaction is said to be finished when the payment is done then and there through any mode using card system or cash. POS systems are those which are used by the merchants for payment calculation such as barcode scanners, weighing devices and cash registers.
A cloud POS system is based on web browsers point of sale system where the payments are done through the internet. All the transactions that are performed in the internet are securely stored in the cloud.
The cloud POS systems are implemented and adopted by different types of businesses right from small sized to large scale industries as it provides many benefits to them like:
Get rid of price tags
Automatic updates are done for the systems, no need of manual upgradation.
Sensitive data of your business can be stored on multiple off-site servers which provides high security
No hardware required
Affordable pricing for software which saves huge costs for company owners
Highly scalable as the system gets automatically upgrades for the latest integrated in your system which maximizes the performance
Easily accessible from any place and time only see to that internet connection is available
Designed to execute on desktops or mobile devices
Runs internal operations of your business efficiently
Sends automatic invoices
Offers multiple payment options for the customers
Easy maintenance of the software
Continuous tracking of sales and purchases
Inventory tracking is easy
Reduces labour costs
Benefits of Cloud POS System
What is API?
Know about API by reading our another exclusive API blog.
How to Implement API Integration In Cloud POS System
There is a particular process that must follow by anyone irrespective of API integration tool used. Budding entrepreneurs need to evaluate goals and objectives including business processes and then start development process to build a custom application that will interact and integrated easily with the software platform that help to attain your objectives and goals. Finally, testing should be performed to the obtained solution to confirm that it is bug free.
A cloud PBX is a phone system used in business that is hosted on servers in offsite data centres over the internet. Cloud PBX systems have become very popular in recent days because of its features and benefits provided. In brief:
Cloud PBX provides have best and more features than traditional PBX
It is very cost effective
It doesn’t require any hardware equipment
Enables communication within and outside the organisation
Depends on the internet connection
Complete access is over the internet
No maintenance issues
No hardware technician required
Will maintain backup
Auto attendant is provided
Features like call queueing, recording, call ID, call blocking, call forwarding are provided
Cloud PBX systems has brought a revolution in the world of telecommunication field which can be explained by its advantages:
CLOUD PBX which is also referred as virtual PBX where any data or software can be hosted in the cloud instead of infrastructure like servers. This cloud PBX has both strengths and limitations which are discussed in this article for our readers.
Advantages Of Cloud PBX
cloud hosted PBX solutions are high cost saving as clients invest money only in the services that are required to be handled in the cloud.
The setup time for installation, analysing and provision is very less compared to traditional phone system. Time can save in server maintenance; upgradation of software is easy.
No need of buying additional hardware like phone system as old phone system can be used as it can be interfaced easily with the existing infrastructure or hardware.
It is very flexible as cloud PBX system provided by top PBX providers allows anyone to connect from anywhere across the globe using smart phone, desktop or PC which allows employees to work from their home.
Many additional features like call control, voice menu, time conditions, call recordings which are upgraded continuously with no additional cost and effort.
High quality voice calls are delivered through cloud hosted PBX over the internet with better compression rates and high internet speeds which are upgraded accordingly.
It provides high scalability as it can easily scale to meet high usage capacity depending upon the user requirement related to resources.
Disaster Recovery and Redundancy
Top PBX providers provide services with cloud PBX systems with high reliability with high dedicated resources and servers. Top PBX providers will check out that when disaster occurs unexpectedly then definitely there will be less chance of losing the data and even in case of losing surely there’ll be a recovery for your data.
It minimises the customer support as there are minimum chances of error occurrences compared to onsite systems.
What is VoIP phone?
VoIP is an acronym for voice over Internet protocol is a technology implemented in business phones to make and receive calls over the internet.
One can use traditional phone as VoIP phone connected through internet
Make calls anywhere
High quality audio
Make unlimited calls
Ready to work from anywhere
From the definitions of VoIP and cloud phone systems, the consumers think that both technologies are similar indeed the fact is that both the technologies are different in functionalities and are not equal. Virtual PBX means VoIP provides automated answering system whereas hosted VoIP Business Phone is a professional phone system. The cloud PBX is implemented in all sizes of businesses at very affordable costs. It is very time saving providing all features and flexibilities from any device. It is preferred in companies as it doesn’t add any additional hardware equipment. The cloud PBX supports system administrators, office managers and mobile workers for their functionalities. Cloud PBX extracts information and access them from VoIP server and becomes a phone using internet. The voice quality of PBX systems is very high as it implements VoIP technology. For PBX systems companies must additionally lines to complete the phone system whereas cloud PBX system doesn’t require any additional lines. Both VoIP and cloud PBX may have almost same benefits and features but the difference lies in the scalability, hardware maintenance and costs.
Cloud PBX is also called as virtual PBX or hosted PBX (private branch exchange) is a telephone exchange system built, delivered and managed by third party service provider which is accessed and executed through internet which is IP based telephony solution where the hosting service for any software which is done on server whereas the cloud PBX hosts all software and the entire data in the cloud. In simple terms, it is a virtual phone that provides secure and reliable business phone system through the internet following IP.
Types of PBX:
The main types of PBX systems are classified into two types :cloud PBX, traditional or onsite PBX.
Cloud PBX: it is a hosted offsite service offers over internet which doesn’t require additional equipment like servers for storage purposes.
Onsite /traditional PBX: onsite PBX refers to a system which is executed on business server.
Cloud PBX features:
The features of PBX system that have many features
Cloud PBX systems are the latest and newest systems that are implemented in PBX technology for businesses that have their advantages as well as disadvantages. First, let’s see the advantages:
✓ low cost
✓ less hacking chances
✓ high control
✓ create virtual offices across the globe
✓ easy maintenance
There are few disadvantages that have being in the process of implementing new solutions to rectify them and they are:
✓ not highly reliable
✓ less secured for online pbx systems compared to onsite security.
✓ updates in cloud pbx is late compared to onsite.
Process of set up cloud PBX:
To set up cloud PBX is very simple and quick as it is takes less than one day as it gets activated within hours. Just sign up with your details then account gets created and activated from their own personal interface. There should be stable internet connections maintain speed of 150kbps and a supported operating systems.
Current market analysis on cloud PBX:
Cloud PBX software market is growing at a very faster pace when compared to the market growth rates over last years and expected to grow more in the coming years which is generated in the form of many reports after evaluation of many market areas. Many trends, factors and restraints are considered for making reports which may effect the market directly or indirectly. The main five forces which play as main key players like: buyers bargaining capacity, suppliers capacity of bargaining, new entry, substitutes, degree of competition. The main participants in the market are system integrators, intermediaries and end users who all are benefitted by implementing this cloud pbx solutions. Even vital global is becoming key and dominant player in the market for providing cloud pbx solutions.