Retailers are loving the latest POS software update from Tower Systems. Here is some of the announcement email sent to customers weeks ago:
Insights Dashboard.
This new dashboard focuses on 6 critical areas of retail to assist you on making key decisions by representing data in a graphical & easy to understand format. We think these 6 metrics are among the most important metrics that Retailer should be focusing on to import the profitability of their businesses.
Where Are We Today – Gives you a snapshot of the overall sales & liabilities as it stands Today, this powerful tool can also be expanded to a desired time period.
What’s Not Selling – This gives you a visual understanding of what is not performing in your business. Deadstock in any business is lost cash. This report gives you the ability to make decisions on this underperforming stock whether it be discounting or other stock reductions strategies to unlock this lost cash.
What Am I Missing Out on – This give you a list of items that have sold out and potential missed opportunity. The visual sales history will assist in ensuring the right items are restocked to ensure future revenue is not missed out on.
What Sells With What – This gives you an insight to consumer basket analysis. Through this you will see exactly what stock items sell with other stock items and from this you will be able to leverage upsell opportunities, co-location and promotion opportunities. This also shows the sold alone percentage so you can see item upsell efficiency.
Is Theft An Issue – This provides a in-depth visual overview of all the retailer audit log records by reason, number of occurrences by time day. This will assist in identifying staff theft/training issues that may need to be addressed within the business.
When Are We Busiest & Quietest – This is a visual overview detect any quiet or peak times in your business by displaying over the week as well as detailed by hour
Reports Enhancements
As part of our upgrade to reporting we have significantly increased the performance and added addition properties to the following reports.
– Sales – Detailed Takings Report
– Sales – 10 x 10 Stock Item Analysis Report
– Sales – Stock Listing Report
– Stock – Supplier Stock Listing Report
– Stock – Write off Report
This update is the result of many man-months of software development work, testing, tracking results, adjusting, testing some more. It is a time consuming process that is rewarded with joy from our customers.
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