For years, retailers needed EDI (electronic data interchange) told to import supplier invoices. These were specialist tools that helped POS software read unique supplier invoices that were presented in a specific format. Those days are pretty much over thanks to the AI tools now embedded in the POS software from Tower Systems. Now tested on 500+ supplier invoices, the POS software from Tower Systems assesses a supplier invoice and imports it accurately and quickly – saving time, cutting mistakes and setting the retail business up for data based success.
Yes, EDI is a thing of the past thanks to the AI tools in the Tower Systems POS software.
Jewellers, garden centres, bike shops, newsagents, pet shops, music shop0s, produce businesses, stockfeed businesses, toy shops, computer shops, homewares shops, bookshops and plenty of other retailers are able to use these POS software embedded AI tools to accurately and easily import supplier invoice.
We have retailers telling us of savings of three and more hours a week. That’s actual labour cost saved. It’s money back into the business for more valuable use elsewhere. It is also a chunk of mistakes eliminated.
The power of this embedded AI lies in its ability to learn and adapt to the nuances of various invoice layouts, eliminating the rigid formatting requirements of old EDI systems. This means less time spent manually correcting entries or wrestling with incompatible file types. Instead, your team can focus on higher-value tasks, confident that your inventory and financial data are accurate and up-to-date. It’s a leap forward in efficiency, transforming a historically tedious task into a seamless, automated process that directly contributes to your bottom line and improves overall operational flow.
If you have questions about data security and privacy in the use of our POS software integrated AI tools: the AI tools aren’t “learning” from your sensitive customer data in a way that exposes it to the public internet or shares it inappropriately. Instead, they are designed to process your supplier invoices locally and securely, within the confines of your existing software, much like how your current accounting software handles sensitive financial data.
AI is trained to recognise patterns in invoice layouts and data points, not to extract or store personal customer information for external use. It’s about enhancing efficiency through intelligent automation of a specific task, not about intrusive data collection. Tower Systems understands the critical importance of trust in retail, and our AI integration prioritises robust data protection measures, ensuring your business operates not only smarter but also with complete peace of mind.
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