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Profits are in your inventory. We can help you manage it.

Manage inventory with a snap

Nothing is more time consuming in your business than managing inventory. A cloud-based point-of-sale system can help you take control of the time you devote to inventory management by automating many of your systems. From quickly adding inventory with a scan of the UPC code to automating reorder processes, tracking best (and worst) sellers, and tracking sales by employee, your POS system will help you regain hours previously spent in your back office.

Speaking of that back room, a cloud-based POS system can give you access to all the details you need to manage inventory wherever and whenever you want - even on a beach in Maui!

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Revel Point Of Sale system laptop interface by RedFynn Technologies

Know your inventory turnover rate

This number tells you how quickly you sell your inventory and is a key indicator of your store’s success. To calculate this, you only need two numbers: your total cost of goods sold for the year, and your average inventory on hand. Divide your total cost of goods sold by your average inventory, and you have calculated your turnover rate. Increase your turnover rate, and you automatically increase your profit.

Help increase profits

Now, we can’t guarantee you will increase your turnover rate simply by adding a point-of-sale system. However, having access to all the sales and inventory management reporting included in your system will definitely give you the tools you need to take control of your business and become more profitable. Curious how much could you increase your annual profits, by simply increasing your turnover rate by just one? Find out!

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Two small boxes; one with blue ribbon, the other with pink symbolizing our Point Of Sale System for Gift and Novelty Shops

Change in many ways

Your cloud-based POS system will also easily link to your shopping cart online, making it simpler for you to take advantage of all those online shoppers. You will never again have to reject an order because your online inventory didn’t jive with your in-house system. But how can a POS system boost your sales in the store?

You can arm all your sales staff with tablets, giving them ready access to check inventory, access product recommendations based on your customer's current selections, and tailor recommendations to your customers, based on their previous purchases. Flag your best VIP customers for extra special treatment and make sure your VIP’s never want to shop anywhere else. With access to all the information available in your new POS system, your brand new employees could be looking like 20-year veterans in no time!

Tired of being overwhelmed by your inventory? Contact RedFynn today to discover even more ways a cloud-based POS can be the best gift you've ever given yourself.

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