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6 Reasons to Get a Cloud Based Point of Sale System

Cloud technology has made its way into the world of point of sale systems, and plenty of small businesses are selecting the mobility and ease of a cloud based} POS system over a standard Windows based POS system for the following reasons:

1. Cloud POS mobility
Using a cloud based point of sales system provides you with a lot of mobility and adaptability. The entire system may be put in and run using an iPad and an iPhone. If you run a restaurant, your wait workers will take MasterCard payments table side and easily email the receipt or send it to the customer’s mobile phone instantly. Mobility permits you to manage your business from any place around the world with 24/7 access to all or any system reports.

2. Less downtime
When a regular Windows POS system gets attacked by a virus or if the system crashes and gets corrupted, you’ll be able to expect some downtime because the IT workers from the POS vendor fixes the problem. Everything will get to be checked to work out if it’s a hardware or a software issue, and with most problems involving a virus or data corruption, the entire set-up has to be reinstalled. This can be expensive and really time-consuming.

3. Business as usual
Being online is the bread and butter of any cloud based point of sale system. However, with the best systems, you’ll be able to work even while the internet’s down. Offline capabilities change you to hold on and allow the system to synchronize data once you’re back online.

4. Cost Effective
Traditional heritage POS systems typically charge direct fees for hardware and software licenses, and extra yearly maintenance fees of about 18-20% more for upgrades. this can be excluding the coaching and set-up to keep your team and your system updated on any new security measures.

Cloud based point of sales systems come as SaaS (software as a service) models, with no direct fees and low monthly prices. Since the entire system is cloud based, software updates are automatically pushed and also the system will update itself. You also won’t be barred in for a year and you’ll be able to cancel at any time.

5. Robust Security
Since all of your data is stored in the cloud, you don’t get to worry about running out of space for storing, theft, accidents, and calamities ever once more. All information is stored in multiple off-site servers that have 24/7 security and several other layers of redundancy.

Credit card suppliers like Visa, MasterCard and AMEX have also declared that they’re going to shoulder all the prices incurred by a lost or stolen credit card, but just for merchants that use the latest in point of sale technology. Therefore if you’re still cursed with an old cash box or perhaps an old legacy system, the time to modify is now.

6. Plays well with others
Because its cloud based, you’ll be able to easily integrate accounting software, gift cards, loyalty programs, rewards and different add-ons seamlessly. No other POS system is as friendly as a cloud based system. Integration has never been easier.

If you wish the most recent technology to help run your business, you can’t fail with cloud computing. It’s a smaller footprint, it runs within the cloud, your data is firmly stored off-site, software updates are simple affairs and you can access your reports at any time.

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Understanding Pennsylvania’s Ignition Interlock Device Law

There are tough consequences for a driving under the influence in Pennsylvania. One potential penalty is an ignition interlock device. Ignition interlock devices are designed to prevent drivers from operating their cars when their blood alcohol level is over the legal limit. A driver cannot start a car unless they blow into the device. If the device detects any alcohol, the car will not start.

Pennsylvania began requiring these devices in 2000, when the state enacted the Pennsylvania Ignition Interlock Law. Although the purpose of the law is to decrease drunk driving around the state, targeting in particular individuals with multiple DUIs, the cost of having them can be crippling for many people trying to move forward with their lives after a DUI conviction.

Who is Subject to the Ignition Interlock Law?

In Pennsylvania, anyone convicted of two or more DUI offenses must have ignition interlock systems installed on all of their vehicles. Considering the fact that each system may cost $1,000 each and the law requires that they be installed on every vehicle for at least a year, the Ignition Interlock Law can be a devastating consequence. Because of this, Philadelphia ignition interlock lawyers often work hard to help their clients avoid this costly DUI penalty.

Requirements for Ignition Interlock Devices

When a driver has been convicted of two or more DUIs, they are first given a suspension on their driving privileges for a least one month. The suspension can last longer, depending on what the driver’s blood alcohol content was when arrested, and how many previous convictions the driver has had. This also applies to out-of-state DUI convictions.

After the suspension period, drivers may obtain a limited license, which indicates that they have an ignition interlock device on their car. The state requires that drivers have these devices installed on every vehicle that they drive at their own expense.

In addition, Pennsylvania requires that drivers have the devices inspected periodically by an approved service provider. If the drivers tamper with the system, their limited license requirement can be extended.

Exceptions to the Ignition Interlock Device Requirements

There are few exceptions to using the ignition interlock system. Drivers who cannot afford to have an ignition interlock device installed on their car may be able to qualify for economic hardship in order to get help paying for the device. For most people, qualifying for economic hardship is incredibly difficult. The individual’s income must be 200% below poverty level. If they meet this threshold, then the state will pay to have it installed on one vehicle. In addition, drivers who operate an employer-owned vehicle may be able to get an employment exemption, which means they would not be required to add the device to their work-issued vehicle.

Other DUI Penalties

In addition to the ignition interlock device requirement, those who have been convicted of drunk driving charges may face fines and incarceration in either a jail or prison.

Know Your Rights

Being charged with drunk driving is nothing to take lightly. Anyone who has been arrested for DUI should speak with an experienced and aggressive Philadelphia DUI attorney as soon as possible to protect their rights.

Article provided by Cherry, Fieger & Cherry, P.C.
Visit us at www.cherrycriminallaw.com

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Looking for Aditya Birla MF’s Hybrid Schemes? Here Is All the Information You Need

Aditya Birla Sun Life Mutual Fund established in the year 1994, is co-sponsored by Sun Life AMC Investments Inc. and Aditya Birla Capital Limited (ABCL). The investment manager of ABSL MF (Erstwhile Birla Sun Life Mutual Fund) is Aditya Birla Sun Life Asset Management Company (Erstwhile Birla Sun Life Asset Management Company Limited) which is a joint venture between Sun Life Financial Inc. of Canada and Aditya Birla Group. Aditya Birla Sun Life MF believes in reaching every household and encouraging people to invest their money; it is the result of this belief that it has reached a network of 150 branches along with other distribution channels.

Currently, it has a number of schemes under different categories which include Equity Funds, Debt Funds, Hybrid Funds, etc. In the following article, you will get to read about different schemes launched by ABSL under Hybrid Funds. Hybrid Funds are basically those schemes that invest in a mixture of stocks that includes equity, equity related instruments, debt and money market instruments. Following are its hybrid schemes:

Aditya Birla Sun Life Equity Hybrid’95 Fund (G)- Aggressive Hybrid

This is an aggressive hybrid scheme which means that it predominantly invests in equity and equity related instruments to generate long-term capital appreciation. It also aims to provide income and dividend distribution through investment in debt and money market instruments. This open-ended scheme was launched on February 09th, 1995 and is currently managed by Mr. Mahesh Patil, Mr. Pranay Sinha and Mr. Dhaval Shah. If you wish to invest in this scheme, then you may do so with minimum amount of Rs. 1000. In case you switch out the units withing one year of investment, then you will have to incur 1% as exit load. Formerly known as Aditya Birla Sun Life Balanced’95 Fund, its net asset value as on July 31st, 2018 was Rs. 762.49.

Aditya Birla Sun Life Balanced Advantage Fund (G)- Balanced Advantage

Launched on April 24th, 2000, this scheme by Aditya Birla MF invests in a portfolio consisting of dynamically balanced mixture of stocks which are selected keeping in mind the volatility associated with them. The minimum investment amount with which you may invest in this scheme is Rs. 1000. This scheme is currently managed by Mr. Vineet Maloo and Mr. Mohit Sharma. This is an open-ended scheme that provides balanced advantage in the form of capital growth and adjusted risk. In case you redeem the units within one year of investment, you will have to pay 1% as exit load. The net asset value of this scheme is Rs. 51.01 as on July 31st, 2018 and the assets under management are Rs. 3245 crores as on June 30th, 2018.

Aditya Birla Sun Life Regular Savings Fund (G)- Conservative Hybrid

Launched on May 21st, 2004, this scheme invests predominantly in debt and money market instruments with investment duration being medium to long-term. It also invests some portion of the total assets in equity and equity related instruments. This open-ended scheme is jointly managed by three fund managers who are Mr. Pranay Sinha, Mr. Satyabrata Mohanty, and Mr. Vineet Maloo. The minimum investment amount in this scheme is Rs. 1000. You will become liable to pay 1% as exit load, in case you redeem within one year of investment. Formerly known Aditya Birla Sun Life MIP II Wealth 25 Fund, the net asset value of this scheme is Rs. 38.9562 as on July 31st, 2018 which has increased by 0.11%.

To enjoy the returns of an investment made in a mixture of stocks, you may invest in the above hybrid schemes by Aditya Birla Sun Life Mutual Fund. If you need any help regarding the investment, consult the financial advisor.

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