Retails Management Software Services
Retail involves the process of selling consumer goods or services to customers through multiple channels of distribution to earn a profit. Demand is identified and then satisfied through a supply chain. Attempts are made to increase demand through advertising. In the 2000s, an increasing amount of retailing began occurring online using electronic payment and delivery via a courier or via postal mail. Retailing as a sector includes subordinated services, such as delivery. The term "retailer" is also applied where a service provider services the small orders of a large number of individuals, rather than large orders of a small number of wholesale,corporate or government clientele. Shops may be on residential streets, streets with few or no houses, or in a shopping mall.Shopping streets may restrict traffic to pedestrians only. Sometimes a shopping street has a partial or full roof to create a more comfortable shopping environment - protecting customers from various types of weather conditions such as extreme temperatures, winds or precipitation. Forms of non-shop retailing include online retailing (a type of electronic-commerce used for business-to-consumer (B2C) transactions) and mail order.
Shopping generally refers to the act of buying products. Sometimes this is done to obtain final goods, including necessities such as food and clothing; sometimes it takes place as a recreational activity. Recreational shopping often involves window shopping (just looking, not buying) and browsing: it does not always result in a purchase.
Retail software is computer software typically installed on PC type computers or more recently (past 2005) delivered via the Internet (a.k.a. cloud-based). Traditionally this software was delivered via physical data storage media sold to end consumer but very few companies still provide their software using physical media. The software is typically sold under restricted licenses (e.g. EULAs) or in the case of cloud-based software sold as Software-as-a-Service (SaaS) model.
Cloud-based software: this is software that is not installed on a user's device but delivered on-demand via the Internet to the end user's device(s) either thru web-based apps or native apps (iOS and Android). Most new software companies provide both or a combination of web, and native apps which may provide different functionality depending on the actual user in a client company.
Retail management systems can help store owners by providing multiple services in one place, streamlining the process of running a store. Everyday tasks such as managing and buying inventory, checking out customers, scheduling employee shifts, and keeping track of finances are easily completed using one solution. Some platforms are even compatible with mobile devices, so these tasks can be done anywhere in the store. By only buying one platform for your business, rather than several, you can ensure that all the systems will share information and work well together. Some platforms will even have marketing and analytics tools to help you improve your business.
Common components of retail management systems are inventory management, workforce management, POS, accounting, CRM, and analytics. Some products will have marketing or e-commerce tools to help with online business. Some platforms will offer physical hardware such as card readers and cash drawers that interface with the software; however, many will be able to integrate with your existing hardware. Since most of a retail management system’s functionality revolves around point of sale, much of the platform’s data is obtained from daily transactions. Inventory management features, for instance, are tied to the POS feature, updating inventory in real time as sales are made. The main advantage of retail management software is the interconnectivity of all the different features, all of which help with the everyday chores associated with running a retail business. India has a vast retail market estimated at 1 Trillion USD, which will grow at over 10% annually. This sector employs between 40 and 50 million people, making it an essential part of India’s economy. However, there are many challenges the brick-and-mortar retail sector faces. One of the biggest chance posed by retail sector is that e-commerce is equally growing at a frenetic pace for All types of business entity. Further, the pandemic has prevented buyers from shopping and made them gravitate even more towards online shopping portals.
Solutions for Retail Industry By III.
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Many consumers will continue buying from retail stores where they can touch and feel products before buying. Retail stores will continue selling specialised products. Customers needing immediate delivery will still walk into stores. Ultimately, it is also about how smooth and satisfying the buying experience is, which will determine this industry’s growth. We support enterprise products, end-user devices and software applications, giving you single-vendor coverage for all your support services and solutions.
With expertise in servers, storage and networking, we provide support services and solutions to our customers in every corner of India. Knowledge of system and application software helps us to address customer needs comprehensively and offer end-to-end solutions.
Transforming the Buying Experience
At Idea Inside, we understand that customer satisfaction is critical for expanding any business. Customers remember your brand for years to come, not just because of your products but their overall shopping experience. Keeping this in mind, we offer solutions for Supermarkets, Hyper Markets, Grocery Stores, Apparel Retailers, Jewelry Dealers, Shoe Stores, Restaurants and Convenience Stores, among many others.
POS Hardware Solutions
Point-of-Sale Hardware is the key to improving the efficiency of your billing process and cutting down long queues. For this, we provide hardware such as POS sales terminal, POS back office terminal, retail display board, electronic cash drawer, receipt printer, handheld scanner, table scanner, CC Camera, electronic weighing machine, label printer, barcode printer and electronic credit card reader. Our partnership with leading original equipment manufacturers (OEMs) ensures that we offer you the best-in-class hardware to manage your retail stores. We know how to implement these solutions and have the ability to support them in your retail stores across the country.
Accounting & Financial Management
- Simple and Configurable Accounting Module
- Journal Entries, Cash/Bank Vouchers
- Bills Receivables/Payables
- Cost Centers
- Balance Sheet, P&L, Ratio Analysis
- e-File GST Returns
- Generate E-Way bills
- Batch Wise/MRP wise stock
- Import Items through Excel
- Fully customizable Barcode Generation
- Dead/Slow Moving Stock reporting and management
- Bulk updates of rates through excel
- Tight control of returned items
- Import purchase from external file (excel/text)
- eCommerce integration (unicommerce, browntape)
- Pre-Configured templates with 16000+ SKUs already added
Point of Sale Management.
- Advanced and fully configurable POS system with multiple views.
- Touch/Mobile POS with weighing scale integration.
- Flexible Schemes and promotions
- Android app for Enhanced user experience. With Home delivery system
- Cashier/Shift System
- Multiple Payment Modes like Net Banking, Credit cards, Debit Cards,Payment gate ways,UPI Pyaments like Paytm, PayU, Mobikwik, CC Avenue.
Loyality & Coupon Management
- Inbuilt Loyalty System for Points Accrual and Redemption with customizable configuration
- Brand/Category wise membership packages
- Discount Coupons and Gift Vouchers
- OTP based Points and Coupon Redemption
- Manual Discount Entry approval through Mobile App or OTP
- Customized Feedback and Surveys
- Instant Feedback at POS
- Integrated with third party Loyalty Programs
E General Now In a New Look & Updated features
Multiple Trades, One Software, E_Retail.
You May be in any business, get our Support to make it easier
Whether you have a single store or a chain with multiple outlets, we have software solutions to help you manage your business.
Reduce your operation cost by managing vendor purchase orders, standardising procurement rates, discounts and terms, and track pilferage in your retail stores. Reduce workforce cost resulting from easy updating of prices which require frequent changes such as grocery, fruits and similar items.
Manage your stock with features such as Stock Level Reports, Stock Lookup Queries, Warranty Tracking, Batch and Expiry Management and Stock Transfer Orders. Ensure optimal stock levels at all times by implementing barcodes for each item and product group, making it easy to monitoring stock and order replenishments.
Delight your customers with easy customer order acceptance, raise credit notes and allow multiple modes of payment.
A retail management system (RMS) is a platform that combines several useful tools to aid in running a retail store or chain, such as inventory management, point of sale (POS), and customer relationship management (CRM). Pre-Configured reporting template, Pre-Configured reporting template, Configurable report, Mobile Reporting App, Email reports with Auto Report Mailer, Power Reports, Export to Excel/HTML/PDF,