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In fact, 64 percent of single-store retailers we work with are operating without retail POS systems in place.īut Excel spreadsheets can only go so far in supporting the operational processes retailers need to accomplish every day. Surprisingly, many retailers we work with at Software Advice have survived without software.
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The software also helps retailers nurture relationships with customers by providing customer relationship management (CRM) tools. Features include inventory management, sales reporting, and analytics. It provides capabilities such as scanning a barcode, making a purchase order or printing a receipt. A retail POS system is any technology that includes software where a retail transaction is completed.