The term Legacy has many definitions: some positive, and some not so much.
If you’re trying to get into a college or university, then Legacy is a good thing.
If you’re talking about computers or technology, Legacy can be a very negative term.
According to technopedia.com, the phrase “Legacy” refers to outdated computers or systems that are used instead of available, upgraded versions.
Legacy Systems can also be compared with processes or functions that are no longer compatible with current content.
If your POS system is showing signs of aging it might be time to make a change.
Here are 5 reasons to upgrade your Legacy Point of Sale:
- Outdated OS – A recent Epicor|CRS white paper estimates that over 25 percent of current POS systems run on DOS or other proprietary platforms that severely limit growth for retailers.
- These systems simply can’t grow to meet current demands.
- Inability to Incorporate Key Business Functions – Today’s business model calls for the integration of everything from inventory control to merchandising. Staffing, as well as all levels of customer satisfaction from fast check-out to gift card management also present primary challenges.
- Compatibility Issues with Other POS Hardware – Proprietary and DOS-based systems are limited in their ability to connect and communicate with other hardware across the enterprise.
- This is especially true with back office servers – a critical component in operational efficiency.
- Latest POS Features Unavailable in Legacy Systems – Your Legacy System will restrict basic upgrades like touchscreens because it simply can’t function with newer technology.
- These restrictions to growth will also impact customer service, employee scheduling and prevent sharing data across multiple channels within your organization.
- Non-Compliance with CISP Encryption Requirements – The new Cardholder Information Security Program (CISP) from VISA requires a higher level of security when processing or transmitting VISA cardholder data.
- Many Legacy POS Systems aren’t capable of accepting stored data at the new required levels, and fines for non-compliance can be as high as $500,000 per incident.