Monday, 04/17/2023

Central reporting at the POS: with data to success

It is no secret: Relying solely on gut feeling in business is hardly goal-oriented. However, meaningful reporting supports retailers in making important decisions based on data. Aspects such as branch sales, access to real-time company data, and various comparisons are essential. Only when all information is available, retailers gain a comprehensive overview and can more easily identify new options for their business. Point of sale software solutions enable merchants to perform these data analyses - at the touch of a button.  

Not Without My Reporting

Acting instead of reacting - and in no time. For retailers, this has always been a must. If they fail to respond to changing customer needs, recognize ineffective inventory holdings, or keep market knowledge up to date, they risk losing sales in the worst case. Additionally, costs may rise if poor inventory management leads to food waste. Previous solutions that merely collect and store information are not sufficient to counteract this. Another step must follow: data evaluation. 

Advancing digitization can help collect, store, and derive decisions from data. According to joint and Ruhr West University studies, nearly all surveyed companies have recognized this necessity. In practice, however, they often still rely on the time-consuming maintenance of Excel spreadsheets. A central reporting can simplify management in retail and provide a reliable basis for action. 

Central Reporting

We at ALVARA | Digital Solutions have long been empowering our customers to take the next step and use information profitably. For this, we offer various software for cash register products, including the ITR Cash Register and CentralPoint.

ITR POS Solution

The ITR cash register solution offers numerous helpful features such as checkout synchronization and accurate product allocations. Above all, it impresses with central data maintenance and management. This not only facilitates bookkeeping. The evaluation of the collected information is also easier for retailers thanks to the ITR Cash Register software solution. 

The ITR POS Sales App goes even further. It allows for timely sales evaluation. Through the mobile application, responsible parties can access data almost in real-time - across different branches. Weekly comparisons and the listing of top and flop items always ensure the necessary overview. Defining daily goals in the ITR POS Sales App makes it easier to actually pursue one's self-set goals. 

CentralPoint

Central Point is our central tool for managing all items and evaluating various processes in retail. As a product of the ITR POS solution, it ultimately serves as the backend to the cash register system, with more than one cash register. To achieve this, the cash register transfers all sales and transactions to CentralPoint in a timely and automatic manner.

Receipts and sold item positions can be centrally and conveniently viewed and evaluated via a browser. The ABC statistics enable further evaluations for product assessment and sales volume development. The extension for pivot tables offers comprehensive flexibility and simultaneously export options to Excel to support further evaluations. Additionally, the tool impresses with the ability to interface with third-party systems such as DATEV. Through the connection to the ITR POS Cloud Services, the integration of cloud-based connections is also conceivable - keyword: ERP. 

The result: You gain a detailed view of all sales and item turnovers. Comprehensive reporting, including branch sales, statistics, and the so-called bestsellers and slow movers, is thus within reach. The production control with CentralPoint is also easily possible.

Utilize More Added Values

With the software solutions for central reporting, we have thought even further. They bring you far more benefits than just optimized data evaluation. Automated cash register processes bring efficient workflows to your business. The high security standards of our solutions guarantee you maximum protection in daily operations. 

Additionally, we coordinate the design as well as the entire process management with our clients. This results in an individually and easily usable user interface. And there is always room to work together on new, innovative approaches around your POS. 

Whether bakery, butcher, gastronomy, retail, or direct producer - with us, you will find the optimal solution for your reporting with the help of the POS. 

By the way: From 04.05. to 05.05.2023, you can meet us at the Cash Dialog in Leipzig.