EPOS

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EPOS (electronic point of sale)

a system for recording sales using sophisticated cash tills which record the total amount to be paid by a customer, provide them with itemized bills and simultaneously adjust the firm's STOCK records to assist the firm to plan its reordering of goods. EPOS is increasingly being used in supermarket checkouts, often linked to BAR-CODE scanners and providing for the direct debiting of customers' bank accounts for the total amount owing.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

EPOS (electronic point of sale)

a system for recording sales using sophisticated cash tills that record the total amount to be paid by a customer, provide him or her with itemized bills, and simultaneously adjust the firm's STOCK records to assist the firm to plan its reordering of goods. EPOS is increasingly being used in retail outlets such as supermarkets. See EFTPOS.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
As well as having an enjoyable opportunity to meet potential customers, the response to Distributed EPoS Electronic Point of Sale, Touchscreen Customer Information Terminals and Audit Management Information Software (MIS) was very encouraging and resulted in some immediate opportunities."
The rights issue will fund the accelerated roll-out of the new Instore format, development of a new distribution centre and replacement of the existing electronic point of sale (EPOS) systems.
The company, which began trading in 2 001, specialises in the development and sale of electronic point of sale (EPoS) systems with a built in ecommerce interface.
LEADING independent bookmaker Betfred are transferring their betting-shop estate to Finsoft's electronic point of sale (EPOS) system.
Its leading product is an Epos (electronic point of sale) retail management system for dealing with suppliers and customers and stocktaking.
Services range from advanced telephony systems and high bandwidth dedicated Internet to secure data hosting, back-up and storage, video-conferencing, EPOS (electronic point of sale) linked networking and more, all under one roof.
CCR Services and XKS have provided the electronic point of sale system to the Centre of Vocational Excellence based at Preston College.
Stanleybet shops will have new frontage this month and, now that the roll-out of electronic point of sale (EPOS) facilities to the original Hills estate has taken place, the task of updating Stanleybet shops, to bring the whole estate under one IT system, is expected to take three months.
The group will also invest more than a quarter of a million in new technology, with electronic point of sale systems being rolled out across all its shops by the end of the year.
"In addition, we are looking to increase our product portfolio in areas such as electronic point of sale and document image processing."

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