If you have been in the retail industry for a while now, you must have come across the terms Points-of-sale. This system essentially includes hardware like barcode scanners and label readers, and software that helps ease management and promote efficiency in a business.
What Is The Most Important Piece Of Hardware In A POS System?
That said, one of the most important components of an efficient POS system is a cash drawer. A drawer is essential to keep track of your monetary transactions. Essentially, it comes with a Cash Tray inside a removable till that holds your cash.
If you are in the market looking to Buy Cash Drawers, you must have already witnessed the several types and models available. Although quite promising, such a vast list of options can often make the purchase a lot more confusing.
Types Of Cash Drawers Available
When it comes to choosing a cash drawer, there are several considerations you must keep in mind. However, before anything, you must know the two types of models available. Cash drawers can easily be categorised into two sub-groups, depending on their working mechanism.
Namely, these two types are manual and electronic cash drawer. Further explained here are these types of cash drawers and which one would fit your business the best.
- Manual Cash Drawer
The best advantage of a manual cash drawer, more commonly known as a touch cash drawer, is that it does not require any power to operate. This type of cash drawers are independent and come with a push to open and close mechanism.
In addition to that, these cash drawers can also be securely closed at the end of the day to ensure the safekeeping of the money.
As is evident by the name, manual cash drawers are not plugged into any other equipment like a cash drawer trigger or receipt printer. Another benefit of using such equipment is that they are more compact and smaller in design.
- Electronic Cash Drawer
Electronic kinds are mainly designed to do the exact opposite of the former type. While it serves the same purpose, the electronic cash drawers come with an RJ11/22 port. Utilising this port, you can connect any other product like receipt printers, cash drawer triggers or a POS system.
With the help of these additions, you can accentuate the function of the cash drawer and make it more efficient. These products essentially drive power from such additions, which send 12 V and 24 V signals to it. On top of that, you can also open a cash drawer manually. However, every time you want to do that, you will need a key.
Which Is Suitable For You?
Electronic cash drawers are the newer and more developed versions of manual cash drawers. For instance, if you own your shop and no one else has or needs access to your cash drawer, a manual cash drawer is perfect. It will take up less space while also ensuring ease of use.
However, if you have other employees working with the cash drawer, the electronic option is better. It will not only ensure a clean count of products sold but also ensure further security. In addition to that, you will also be able to better manage inventory.
To conclude the information in this blog, running a POS system efficiently is of high importance and should be a priority. Before you indulge in purchasing any cash drawer, make sure it is compatible and suitable for your use. Rest assured, you will surely accentuate growth with the addition of such a proficient system.
Why Should You Purchase POS Cash Drawers?
A cash drawer can come in handy in many situations and is an imperial part of your POS system. It acts as a way to regulate money for businesses that handle a lot of cash on a daily basis. Further mentioned below are some of the expected benefits of using a cash drawer:
- It helps in cash management.
- It helps reduce cash fraud.
- It improves cash accountability.
- It can help with easy cash reconciliation.
Our company boasts a variety of POS Cash Drawers that can fit any and every business type.