Faridabad, India (PressExposure) December 21, 2011 -- Cloud service providers are providing excellent features that can help retailers to save a major sum on their IT expenses. This includes accessibility and scalability features.
Cloud computing is offering some amazing benefits to retailers who can now use the resources on the web to make cost savings. The traditional way to maintain an IT infrastructure on the retailer's end not only incurs additional cost but it is also cumbersome. Retailers have to maintain an IT staff that to maintain the IT network. Frequent power and network outages means loss of revenue and customer dissatisfaction. With Retail Solution on cloud, retailers can now be assured that the entire IT network will be maintained at vendors end so they do not have to worry about anything. This coupled with service level agreements (SLAs) ensure that retails get quality services from the vendors.
Cloud Software Solution is providing an integrated environment so that applications running on different systems can be seamlessly integrated. This feature is quite helpful for the retailer. They can choose to off source everything to the Cloud service vendor or may decide to keep key servers on its end. Retailers will get access to all the information no matter what the configuration of the IT network is. Cloud Retail Software solutions also provide for greater accessibility. Since everything is on the Cloud, it ensures that employees can login from their mobiles or PDAs.
Nowadays, Retail Software on cloud is being used for providing Point of Sale (POS) services. Some of the advantages that POS offers to the retailers include:
Easy and Intuitive Web Interface
Mobility, and scalability
Cloud POS services offer faster transactions since the processing is being done on fast end server. This means that processing time is reduced. Reduced transaction time means faster processing at the customer counter. Easy and Intuitive web interface means that employees are able to understand the application easily so that they can process the data faster. This means they spend less time looking for features on the screen and give more attention to the customers. This also means that queue wait time gets shorter. Scalability is another important factor for Retail Software on cloud. The software should be fully capable to include more inventory information in case more retail stores open. With Retail Solution on cloud, it is easier to expand as the applications are developed keeping in mind the scalability. Some of the other features available with cloud POS include Cash management, Real Time information about the Inventory, Transaction history, Permissions and limits, Discounting, Text notes, Account payments, Reason codes, Returns, and Sales.
Another feature offered by Cloud Software Solution is maintaining the gift card system. Gift card system is an important promotional tool. Different stores of Retail Company may be offering different gift cards. In addition, gift card systems also require proper integration between concession stores, dealer stores, and franchises. Cloud Retail Software offers some essential benefits to retailers in implementing the gift card system. This includes:
Lower total cost of ownership
Retailers are able to get cost benefits as they can avail monthly subscriptions that cover unlimited transactions. No extra hardware is needed to support a gift card swipe.
With these exciting features, Cloud Computing has become the next big thing in Retail business!