When selecting a point of sale (POS) solution, users have a choice between stand-alone solutions and integrated solutions. They should first evaluate core and non-core components of POS systems, and assess the strengths and weaknesses of best-of-breed and integrated approaches.
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are required for different types of retailers. In assessing these features, the following have emerged as the six best practices core components, or must-have features, regardless of the intended application of the POS system. Transaction management : The transaction management component includes all the information required to complete a transaction. This component should capture key transaction data, such as sales, sales cancellations, voids, refunds, purchase of gift certificates, layaways, service