A point of sale (POS) is basically a computerized terminal that replaces a cash register. Mdtcs.com has many successful implementations of POS, it may be necessary to consult reseller who has both expertise pos software and hardware. Today's pos software can be found in many organizations, which may be a service desk like you find in restaurants, entertainment outlets, lodgings, and museums. IBM was the first to introduce pos software, with its IBM 3650 and 3660 Store Systems, in the year 1973. It was used in Pathmark Stores of New Jersey and Dillard’s department stores. However, today there are hundreds of types of pos software to suit individual needs of a business. The most popular and sought after pos software are those catering to restaurants and retail stores. The basic necessities for installation of pos software are computers, scanners, keyboards, printers, and cash registers. It is also necessary to have barcode printing software, inventory software and cash register software for the smooth running of a business with pos software. With pos software, you will be able to integrate all the physical devices that are found in the pos system. This is because the pos software is in computer language and facilitates automated data processing. There are different types of pos software that are created to suit the needs of different organizations and businesses. With the help of pos software, it is possible to monitor day to day activities of a business and the systematic running of the businesses. The software helps business to keep track of all incomes and expenditures that the business incurs in its running. All this is made possible through touch screen information kiosks and vending machines. The reason you need to have pos software to speed up your business transactions and for accurate budgeting, is so that you can have the maximum increase in the profits of your business.