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Keeps track of employees’ hours for payroll. Often provides ability to clock in and out.

Enables retailers to track contact information, key dates such as birthdays and anniversaries and preferred items to market to customers.Ĭompletes tasks such as shift scheduling. Stores customer information and purchase history. Retail customer relationship management (CRM) Incorporates inventory figures as well as other expenses to provide accurate snapshot of revenue leaks or opportunities. Records and analyzes sales data and business performance and turns it into easily understood reports and dashboards. Offers reports on inventory movement to spot trends. Allows for more efficient and detailed organization of inventory. Alerts retailers when stock amounts drop to defined level.

Tracks inventory levels and makes real-time adjustments as products are purchased. Mitigates some human error from cashiers. The complexity and breadth of these features varies between systems, but in some capacity, a retail management system should offer the following five features: Core Retail Management Software Features POS/Transaction automationĪutomates the assignment of prices to items at checkout and processes payments. There are some core features that all retail management systems offer.