Electronic Cash Register / POS System Much more than a cash drawer, electronic cash registers and point-of-sale (POS) systems are vital retail management tools. Modern electronic cash registers are often integrated with POS systems to not only register sales receipts but also perform many other management functions. Electronic cash registers use technologies with sensitive computer components that can easily be damaged by power surges, electrical disturbances and other equipment risks. Many retailers use cash registers that are integrated with a POS system to provide the store owner with a larger range of functional capabilities. These include inventory tracking, credit card authorization and electronic funds transfer, preset touch screens and control functions for cash and other receipts. Retailers may also use their POS systems as a time clock for employees so they can correlate labor cost to sales volume and make adjustments to staffing. A basic model electronic cash register with a POS system can be worth $750 to over $1,000. Versions with touch screens and integrated POS systems go for $3,000 or more, each! So a store with four to six units has a significant equipment value in just cash registers / POS systems alone. Also, the value of the receipt data they contain, which can be lost in an equipment accident, can be worth as much or more than the system. © 2004 The Hartford Steam Boiler Insurance and Inspection Company.     All rights reserved.