SMB'S – Don't Be Left Behind in the Evolving World of Retail
Posted on: December 30, 2014 | By: Craig Thompson | Acumatica
Hoping everyone had a safe and exciting Christmas season! While Christmas shopping this year, did you notice anything different? Possibly that credit cards and cut-out coupons are declining as cell phone scans to initiate cost cuts and payment is on the rise. There is no doubt that the Cloud is changing the face of the retail industry.
For quite some time now, large retailers have been installing and greatly utilizing scanning technology. From automating the payment process to updating inventory balances and more – this business tech upgrade does quite a lot. All of these inter-related activities require sophisticated software to properly execute transactions, not so tough of a feat for large retail chains that have immense IT infrastructure and technical support staffs.
Yet, what about small and medium size retailers? As a smaller or medium size business, scanning technology is just as important, but difficult to acquire and maintain without separate IT departments and important infrastructure. SMBs need to look towards Cloud ERP and accounting software to meet their inventory, planning and accounting needs. However, few ERP systems are designed to meet the unique needs of smaller retailers which means that custom software modifications are necessary equaling a high cost and lengthy implementation.
One solution for small and medium sized businesses is to look for a company that truly understands smaller retailers needs, a company such as Acumatica. Acumatica makes their Cloud ERP and accounting software available in SaaS configuration, allowing smaller retailers comprehensive functionality at a low cost. With Acumatica, retailers can feel the freedom of unique and essential scanning technologies without breaking the bank or requiring an IT staff. In the competitive world of retail, small and medium sized business cannot afford to be left behind. To discover more about Acumatica, contact Logan Consulting, a Chicago based Acumatica partner.