Issues with POS Systems

1. Inventory Management Isn’t Robust

Work with a provider who considers every aspect of inventory management.

Keep track of what’s in stock and update inventory in real time
Manage purchase orders and vendors
Re-order alerts to replenish low or out-of-stock inventory
Streamline inventory counts with an easy-to-use handheld device
Combat inventory loss
Manage employees, including permissions

2. Data Might be Vulnerable

POS systems are vulnerable to malicious cyber attacks. They carry data from the POS terminal to endpoints where data is stored. If your POS system isn’t PCI compliant, you’re opening up your data to be hacked.

Malware attacks continue to rise, so it’s imperative that you comply with PCI DSS (Payment Card Industry – Data Security Standards). Keeping software updated is crucial. Even a one-time breach can wreak havoc and cause small business owners to lose their businesses.

Mitigate data breaches and losses by having backups active at all times.

Consider multi-factor authentication practices like security codes and password requirements.
Set user controls and permissions to specific devices, reports, and departments.
Vet POS vendors before signing on the dotted line