Posterita Announces Launch of a New Business Model for Its Cloud Retail Point of Sale Software
With the launch of Posterita Point of Sale, retailers now have an affordable, cloud-based full retail management system that will provide them with more control and adaptability to their retail business.
Austin, Texas (PRWEB) November 01, 2012
Posterita, Inc., the developer of Posterita Point of Sale software, is excited to announce the launch of its new business model that will provide the SMB retail market with an affordable, cloud-based full retail management system. Posterita helps retailers revolutionize retail operations by unifying all stores and operations in a single database. The POS allows 24/7 access to real-time information to improve daily operations of large chains or single stores and ensure that all decision-making is based on customer behavior and needs.
Currently much of the retail market in the U.S. and Canada still uses on-premise point of sale systems that are outdated and make multiple store management challenging. Retailers have had to manage each store separately and, in many cases, each cash register – a cumbersome process that leads to costly inefficiencies and decisions based on inadequate inventory and customer information. Many retailers are interested in converting their on-premise point of sale systems to the cloud to eliminate these issues caused by outdated technology. According to industry analysis, 46% of retailers are interested in converting to the cloud over the next few years.
Web-based Posterita POS leverages ERP and business intelligence features which enables management to access all store operations data in real-time from any computer with an Internet connection, an innovation that dramatically improves daily operations and decision-making. The POS also enables complete multi-site management, including multi stores, tax rates, currencies, and languages. The totally integrated retail environment also allows unprecedented inventory transparency to improve purchasing and reduce out-of-stock problems. Management can also limit access to data by employees.
Posterita's founders, Alexandre and Frederick Tsang, grew up in a retail environment. Sons of a successful shoe retailer in Mauritius, they grew up experiencing first-hand the challenges that retailers must deal with every day. With a family history of entrepreneurship, the brothers combined their natural talent for business strategy in combination with Frederick's software development background and created Posterita.
They envisioned the product to be cloud-based so that retailers could have an affordable way to easily manage their data from multiple locations. Also, by being cloud based, it would be possible for managers to access the information from anywhere, not just onsite. The software provides three key benefits to retailers: simplicity, control, and adaptability.
Alexandre says, “The ability to have your POS system in the cloud is a revolution for the retail industry. When a retailer converts to the cloud, they no longer have to deal with cumbersome and expensive software updates. Instead, by being able to access the real-time data that Posterita provides, they gain convenience and control over their operations and are able to make better strategic decisions. This is what Fred and I envisioned for our retail customers.”
As Head of Development, Frederick Tsang says, “A major focus for us has been to create a POS system that has a very user-friendly interface. We wanted to make a system that is intuitive for users so that retailers can spend less time training their new employees and help retailers eliminate costs that occur through user error. This is a major advantage retailers get when they choose Posterita as their POS system and our customers love it.”
Posterita's pricing is also retailer friendly. You pay according to how many stores and terminals you are operating with the system. Also, Posterita only sells through a reseller channel and is currently in the process of recruiting qualified resellers to partner with the company. Interested VARs should visit http://www.posterita.com/be-a-reseller/overview to learn more.
Founded in 2005, Posterita, Inc., Ltd, based in Mauritius, is the developer of Posterita - a revolution in POS. Posterita's head office is based in Palo Alto, CA. More information about Posterita can be found at http://www.posterita.com.
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