Enterprise retail software solutions come with many improvements that will optimize your multi-storefronts’ sales and inventory data. Additionally, the latest in cashless and contactless payment options are the dominant tender type for almost all retail operations, and it is essential to incorporate them for both the customer and managers. Moreover, this blog will take a look at some of the best software improvements that enterprise retail software solutions bring to the table.
In short, here’s what we’ll discuss:
- Cashless Payments for Enterprise Retail
- Enterprise Retail Contactless Ordering
- Integrating Cashless and Contactless Solutions
Cashless Payments for Enterprise Retail
- Customers consistently utilize cashless payment solutions to complete orders within retail locations. These include NFC payments, tap-to-pay, and digital e-wallets like Google or Apple Pay.
- Additionally, employees may utilize cashless software they can use during work hours. These are known as employee payroll deductions and allow staff to use their ID badge to complete payments from their company gift shop or other retail providers.
- Our employee payroll deduction software, ArbaRapidPay, allows these payments to be made in addition to integration with your POS software, which we’ll touch on later in this blog. We also automatically generate your deduction export file with the correct amounts for each employee’s paycheck.
Enterprise Retail Contactless Ordering
- Contactless ordering can take many forms, including online ordering solutions and self-service kiosks. Online ordering is typically in almost every retail operation and it’s essential to offer these amenities to accommodate more ordering preferences from customers and employees.
- Managers should be implementing this extra stream of revenue not only to cater to more customers but also to sell more items overall; allowing offsite purchases to be made opens the door to many more sales being completed in comparison to only offering an in-store purchasing experience.
- Pairing this software with cashless payments allows for a fully contactless ordering and payment experience for both customers and staff members which will improve the incentivization to visit your location over others.
Integrating Cashless and Contactless Solutions
- We integrate your cashless payments in addition to your employee payroll deduction sales for ease of documenting and tracking your online sales. This means that automatic updates to your sales data will be completed after each transaction, regardless of the tender type being used.
- Integrating inventory is the key component to incorporating enterprise retail software. We integrate all your payments to make automatic adjustments to your back-office inventory quantities to cut out many manual tasks that involve tracking and updating your inventory levels.
- Incorporating these solutions within your multiple stores will effectively allow managers to have much tighter control over their enterprise operations and data overall. By having consistent access to up-to-date inventory and sales data, optimizing strategies and other business operations will become much easier for each location.
- Having access to robust analytics software supports decisions and allows managers to optimize their selling and inventory strategies to a further extent.
Lastly, enterprise retail managers should be turning towards software solutions with integration for their multi-store operations. Furthermore, this will entail clean-cut data reporting that will effectively allow them to make improvements to each store’s operations on top of cutting out manual tasks.
Author: Max Jovanovic
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