Is cloud-based retail software secure?

Cloud-Based POS Software India

Many retail owners are agonized to use cloud-based POS systems worrying about loss of customer and sales information and getting hacked. Here’s the reason why shan’t they be afraid-

The great expedition of retail software systems has been amazing with the progress and fast development in technology. From simple billing systems to fast, integrated and robust single platform system, able to suggest and make decisions of its own, meanwhile providing the best and accurate reports, retail and POS systems have become a definite business partner of retail and business owners.

What is cloud-based retail software?

In simple terms, a cloud-based POS means each and every data storage and processing is done online. Instead of previously used local computer hard-drives, the data about your customers, the sales figures, the product information, everything is stored on the server through the internet.

Why use cloud-based retail software?

Data Redundancy: Storing data online, means no issues with loss of data, as off-site data handling and processing broaden the number of devices that can access them.

Real-Time Reporting: All the cloud-based POS systems provide customizable in-depth reporting, data analytics, and even specialty programs for specific projects.

Remote Access: Owners and managers can see real-time status of their business being present anywhere in the world on their mobile.

Scalability: Scaling your business becomes easier and cheaper using a cloud-based POS platform. Up-front costs are minimized in exchange for lengthy subscription fees.

An industry standard customer-friendly IT strategy: Almost every retail software has now shifted its course of action online and it has become an industry standard from the past 5 years. There are a lot of opportunities and creative thinking which are once inculcated with your software can provide a customer friendly environment to your shop.

Less Downtime: As widened access, even if your processor is down, you can immediately shift to new PC, saving your time and money, as well as customer satisfaction,  is fulfilled, which is must.

Cloud-based billing software for a retail shop is hence a proper Cost Effective method to run your business as usual but with ease, advanced and automated system. Hence, it has all the powers to control your business. And with great powers comes great responsibilities. Customer satisfaction is your duty, and data security is a necessity. 

The ultimate pros of using cloud-based POS system

The Robustness of security is characterized by the following events- 

● Data is encrypted before storing it off-site.

● Security from malware and viruses since the system is online.

● 24/7 several redundant layers of security.

● Domain-specific password protected login i.e an admin (retail shop owner) can have access to everything and can create users (managers and executives) and give them access to an only certain number of elements, providing employee fraud-free system.

● No need to keep the keys of your server room since no physical data breaching can occur.

It is now a sure thing that cloud-based retail software is a versatile full fetched meal for you, designed by experts across the country and the world. The better part is, you don’t have to worry about the technological details, because the software providers like PAIT BIZ Pvt Ltd provide 24x7 customer services. 

We, PAIT BIZ Pvt. Ltd. have been providing hardware AMC in Pune, retail software and POS Software services to retail owners from leading supermarkets to small businesses in the Pune city market, spreading our webs across India. 

Retailers are happy as Christmas cheer comes early

It's less than a week now for Christmas and it feels like it's already here. It has been more than a month for the arrival of Christmas for the mighty retailers across India. Since the start of December, the sales have boosted up, and it has been a roller coaster ride for retail businesses, especially the consumer-facing one.

Festive is the season to grow, it is now a universal law for the retailing world and small businesses to the supermarket are all at the peak of their sales, quickly clearing all their stocks. For cities like Pune, Goa, and Bangalore, Christmas is like the ultimate jackpot for boosting their sales revenues and tenure with a huge range. They are definitely the Santa’s workshop.
With this huge rush of a crowd all over the place, smart Retail software systems have become the definite savior in the market. Here are the reasons why this Christmas is a rejoice for everyone:

Retail software is the new Santa: By using smart solutions provided by retail software systems, based on the reports and market analysis, retail shops are providing heavy discounts for their customers, attracting both customer and consumers. As a result, retailers, as expected are piling their stock and emptying it rigorously. 

All in: Retail shop owners know that Christmas marks the end of the year and consumer confidence is very high. So, they are giving in everything they have to this market blitz, and this set a course of action for them to deploy an early investment in their stocks and unloading it for their consumers and customers.

E-commerce, the gift in the stocking: Small businesses and emerged retail shops, all are shifting to e-commerce, spreading their web of contacts across their locality as well as the country. This is a gift to the busy customer, who can now reach their favorite shops without even going there. Integrated software again, here is the best solution for ease in efforts by both the parties.

The consumer is Spending more on less: Combining the efforts of both retailer and their almighty software, the result is an expectation of more cash by the retailer, paid by the consumer, spending more on the things which cheaper, all thanks to the Holiday season. 

Timing: For all the cities in India, as the new year approaches, the next half of the December becomes the peak sale time for all retailer, the one shaving a supermarket as well as the ones with small businesses. Market analysis of 2017 says that the highest shopping happened between the duration of 15th to 31st December.

Winter is already here and shopping lists are at their peak lengths. Since the start of October, the growth in sales only seen a positive direction for many retail shops. Without of the box thinking to market their shop, heavy discounts, proper channeling of their stock, having a smart software solution to handle the crowd retailers have made their customer happy as ever and are continuing their path to growth and success. And this carol of happiness is a result of a single solution, retail and POS software systems. The carolers are the emerging software providing ecosystems like Pait Biz Systems and many more, making for you, a perfect gingerbread cake of retail software, customized as per you need.  Have a Merry Christmas. Happy Holidays!

Source: PaitSystems

What's new in retail 2.0?

As technology continues to develop, the world of retail marketing continues to refurbish. But are we ready for the technology? What is retail 2.0?

This isn't a mere harsh reality but a fact that Digitalization of retailing has drifted what's once was known as the Retail market. The customer has been given the power to choose and buy, without even entering your retail shop.

Many retailers have adapted with the digitalization and have started selling things online, but traditional Retailing has just been started to trudge up, by integrating everything on a single smart platform, connected to you all the time and this is what defines the crux of retail 2.0. 

The Advancements
Improving is not just making things work better and run for a longer period of time with retail software, but to make the customer experience as a priority and enhance your retail shop with creative techniques. Here is the list of things which are basic needs to define your entrance in retail 2.0-

Smart reports: Apart from following your regular weekly and monthly reports of your sales, you must have customer specific reports and profit loss reports for a period to indulge your daily customers with appropriate discounts and create more value of yourself in the minds of those customers who haven't visited in a while through email marketing.

Empowered with suggestions: You can now make your retail software an AI-based partner which can suggest you the selling price of commodities based on the selling of the product, the buying price from your wholesaler etc.

Smart tags:  Retail 2.0 is making use of technology. You can use RFID and NFC tags with your products for smart, fast and automated billing, enhancing your customer experience at a great extent and hence attracting your customers to purchase from you instead of your contemporaries.
This will change the course of direction of your sales from retailing to smart retailing with automatically updated, swiftly working upgraded POS software systems and fewer requirement of employees. You can be the next AmazonGo.

Adaptive bills: Make your customer remind about your shop with sending e-bills via mail or texts. Apart from this, with smart systems, your retail software can send suggestions of what to buy from your shop on the next purchase, making your sales go high and higher.
 
Apart from the advancement in technology and use of it, retail 2.0 is more about changing the environment of your shop or store into something more exciting to the customer.  It is like knowing the customer, getting into their minds by being the consumer himself, following their trends, taking initiatives. You must be aware that consumer is seeking authenticity and sustainability at the same time. 

They want to a unified system, an omnichannel integration with the brand and economies they know. It is not just about getting a place to survive, but to win in the era of the new economy. Retail software has brought in a great deal of enlightenment with the technology, but with great power comes greater responsibility. Retailing business is now more about what difference does your retail shop makes to stand outside the line of your contemporaries. 

We at PAIT BIZ Systems, are on a spree to get to know the consumer and retailer relationship and are developing with our clients as we spread our network. Our Billing software for the retail shop is best in the industry. We also provide hardware AMC in Pune and many retailers are using our retail billing software and POS software.

Tips for making inventory management easier and faster

Have you ever thought of why some retailing shops are boosting up their sales day by day but some aren't? With the upbringing of technological advancements in retail and inventory management systems, there is no word like 'little competition'.

The future of retailing shops is decided by much more characteristics than just the cash flow. 

One of the major characteristics is the management of stock and inventory. Inventory may decide the profit. It is your regular investment in your business, and you have to sell it to get your invested money back with profit. 

Some common and basic things you consider with your inventory is to avoid spoilage by ‘First in first out’ methods i.e., selling the older stock first, avoiding dead stock and save your money on storage costs by avoiding spending much on warehouses. Healthy Relationships with your suppliers is another moral issue that you should take care of. Here are some tips that can help you be better than your contemporaries by advancing in inventory management:

Set PARs: Using periodic automatic replenishment means to determine the amount of each product that should be in hand all the times. This is also known as the par level.

Contingency Planning: Getting to know the future real-time risks with your business is a necessity. Overselling, less storage space for new stock etc. may happen anytime.

Regular Auditing and Weekly stock takes are important for any retailing business.

Accurate Forecasting is determining or predicting the future sales based on current market sales and seasonal changes, also according to the customers you have around.

Perform Metrics and measurements are methods to compute the profits and losses from your products. Getting to know the product, identifying the best selling and worst selling products will help you define a channelized way to increase your sales.

Use allocation to assign properly the stock- By doing the proper maths and especially for large orders, you can allocate the incoming stock to a particular sale, so that it can't be sold in any other way.

Reducing receiving errors by using barcodes- Managing inventory with barcodes can help you update stock levels easily with less human effort.

Using SKU numbers Stock- Keeping unit is the simply a special coded number or in any other form system to identify the presence of an item in your stock by a simple search.

Stay on top of returns means to have the cause of return understood, creating and receiving the product set in inventory updates is another essential element that may save you from losses in a longer period of time. 

Now, what if we tell you that each point you read above, is magically handled by one single solution, i.e., an Integrated ERP solution which consists of inventory management tools which provide accurate reports, sale conditions and by using advanced machine learning algorithms can even forecast the suggested things. 

This is possible through the progress of the software solution developing companies especially in countries like India. PAIT BIZ Pvt Ltd is a leading retail software and Hardware AMC company based in Pune, which can help you advance in the fields of proper retail and inventory or stock management by its continuous progress in software solutions for retailers across Pune and India. Down the line, Success is what you make it and how you make it.

Read More: Why It’s Important to Manage Your Entire Business With One Retail System