The Top 10 Benefits of an Integrated Retail Management System |
Posted: July 19, 2018 |
Business growth is good news, but it brings new problems and opportunities that demand new solutions. Managing a growing business often leads to the addition of an application or system to meet immediate needs, but can set the stage for future operational inefficiencies, time and resource drains, or risk of error. A better solution to consider is an integrated retail management system, one designed to manage all aspects of your business and scale alongside your growth. Your solutions provider can help you select a retail management system that meets your current and future business needs and show you options for applications that have been designed to integrate with that platform. Taking a platform approach means all applications work together, data is easily shared between them, and you can manage it all from one system. If you need an additional application or tool that isn’t available, software developers can access the platform’s APIs for integration with your business’ other systems and applications. Whether you are just feeling growing pains related to disparate retail management systems, or if you’ve been laboring with them for years, changing to a business management platform with integrated applications provide significant benefits and prevent future issues related to your current management architecture. The top 10 benefits of an integrated retail management system are: 2. Elimination of many IT maintenance and integration costs 3. Heightened productivity as duplication of effort and conflicting responsibilities are eliminated 4. The possibility to avoid new hires for data management roles 5. Better communication among departments and more harmonized operations 6. Easy deployment of new applications and expansion of systems to new physical locations or channels 7. Easier training for new employees or employees changing roles 8. Quicker, more efficient customer service and enhanced customer experience 9. Greater ability to upsell and cross-sell 10. More time for management to focus on other areas of the business One Final Benefit: Data Bringing a user-friendly interface. With the right retail software, sales transactions become faster and easier. Retailers can: • Immediately access prices, availability, and stock location through the customizable POS screen. • Access customer profiles and handle multiple tenders and partial payments at checkout. • Accelerate checkouts, offer up-sells and cross-sells through suggestive selling of linked items, and implement automatic discounts for frequent shoppers. Improving efficiency and minimizing data collection errors. Providing KPIs for the analysis and decision-making process. Providing the ability to control promotion programmers. Better inventory management. Integrating multiple channels. You can email us with your requirement at [email protected] or you can directly subscribe us for http://www.retail365cloud.com/view-demo
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