FUTURA’S NEW RETAIL MANAGEMENT SYSTEM WILL HELP RETAILERS SAVE MONEY

-         With improved POS security and more promotional functionality

To help cut costs, act smarter, save money and avoid business failure, Futura Retail Solutions unveils a new version of its retail management software at RBTE 2012.   The new version, developed to meet the specific needs of UK retailers, offers an enhanced level of POS security to reduce shrinkage, give faster access to customer data and create more ‘value based’ promotions to help retailers to get and keep customers.

Lifestyle retailers such as Crew Clothing, 99p stores, Cath Kidston, Greenwoods Menswear, Herbert Brown and Linens Direct already use Futura as it is one of the most affordable, fully featured EPOS systems available. 

Following customer input, including a major user with a 1000+ POS estate, Futura has increased POS security to help reduce fraud.  Tracking and authorisation levels have been upgraded to permit much stronger data mining and access control.  Additionally, technical settings to highlight suspicious user behaviour have been simplified.

Discounting, refunding and quick price changes at each till keep customer queues to a minimum, but now managers can retrieve customers’ gift card balances, gift voucher details and item information, faster.  This not only saves time in accessing information, but also removes the need to add un-authorised staff to access the system.

Futura’s intelligent stock replenishment algorithms help suggest allocations to store and web, helping retailers shrink stock exposure and achieve optimal stock levels.  Short term profit reports quickly identify top sellers and worst performers, giving managers the information to make further discounts or promotions and react faster to customer trends.

Ian Royall, Managing Director of Futura says: “We believe it’s our mission to give lifestyle retailers the right tools to improve efficiency and cut costs.  While Futura tracks customer purchase history, value and preference to show which offers customers like, these new ‘value based’ offers make it even easier to create compelling promotions to maximise customer spend.”