The Green Sheet Online Edition

April 14, 2014 • Issue 14:04:01

New Products

Inventory movers go mobile

Product: PayOS Inventory Management
Company: SecureNet Payment Systems LLC

Austin, Texas-based SecureNet Payment Systems LLC specializes in streamlining business functions through integrated payment tools. With the addition of its PayOS Inventory Management system, merchants can now manage inventory and sales across all channels through a mobile app specially configured for the iPhone and iPad tablet, SecureNet noted.

"Retailers we've spoken with are frustrated with the challenges of reconciling product inventory across multiple sales channels when their mobile, online and brick-and-mortar systems can't speak to each other," said Brent Warrington, Chief Executive Officer at SecureNet. "We're excited to offer merchants this level of seamless integration, giving them a single payments solution and a simpler way to reconcile sales via mobile, in-store and online."

According to SecureNet, with its advanced reporting features merchants can view real-time sales data in easy-to-use graphs that provide a detailed account of transactions by date; segmentation of card-present, card-not-present and cash transactions; and tracking of refunds issued. Business owners with multiple channels or store locations can also see which items are selling and the channels and store locations that are performing most effectively.

Benefits of PayOS Inventory Management include:

• In-app inventory tracking, management and replenishment tools
• Sales and inventory data tracking by location and sales channel
• Import/export capabilities for transfer of inventory data
• Third-party e-commerce platform integration capabilities
• Preset functions for replenishment threshold and alert triggers

The PayOS mobile app upon which the inventory system was built enables business owners to quickly and easily accept payments and manage their businesses from anywhere, SecureNet said. Other features include tax and staff management settings that can be configured based on individual preferences.

"The app helps speed up the customer checkout process with smart inventory sorting, one-tap sales ticket creation, customized tipping amounts and instant, location-stamped email receipts," SecureNet said, adding that refunds are also simple to execute through the app. Through a single full-service account, SecureNet merchants can securely accept point-of-sale, online and mobile payments as their business grows and needs change, the company stated.

www.securenet.com

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