Retail management is the set of activities that retailers undertake to make shopping a pleasant and hassle-free experience for their customers. It includes inventory management, customer relationship management, store management, loyalty programs and many other activities. It also includes the strategies used by retailers to achieve the sales target.
Look At The Top 4 Free and Open Retail Shop Management Software
Retail management software provides tools like POS, CRM, inventory management, etc., inventory management, point of sale (POS), customer relationship management, commercial and financial reporting, business intelligence, etc.
Not only inventory, but also can track employee performance. These retail functions from a smartphone. All of these tools work together to provide better business information. List of top 4 free and open source retail management software:
1. Openbravo
With over 10,000 installs per month, Openbravo is free, open source software that is the point of sale application of choice for small and medium retailers. Openbravo POS is implementable with the native Planet Authorize payment gateway package, which saves time, costs and improves productivity.
Features:
• Business transaction management: Manage transactions, configure account settings, view bank statements, generate reports and manage account activity.
• Real-time retail sales reporting
• Customer safe: efficient management of customer payment information
• Payer authentication: protects against fraudulent transactions and protects customer identity
• Gateway emulator: switches automatically to another payment gateway without reprogramming the application
2. Ari
Ari is a retail management software provided with a free trial and developed by WebMasters. This software is a complete solution for all retail operations, from purchasing to customer relationship management. Its integration with accounting software such as Xero, Retail Insight, Business Central, and Tally solved all of a retailer’s accounting problems. It is also integrated with Mail Chimp where regular emails containing promotional information can be sent. Its automated start and end promotion process automatically updates the point of sale to increase trends, eliminating manual interference.
Features:
• Automatic promotion management
• Customizable customer rewards program
• Inventory and supply chain management
• Managing multiple stores in different regions
• Analytics reports and dashboard
3. NCR
NCR is a retail shop management software that has streamlined retail operations in over 141 countries. Its software solutions cover three segments:
• Department stores and specialty stores
• Grocery, drugs and bulk goods
• Convenience and fuel stores
NCR software installation Modernizes the entire store retail process, from point of sale to customer loyalty programs.
Characteristics:
• Centralized configuration management: add, delete or modify business rules without code configuration; the point of sale can also be configured with options at the store level in real time.
• Secure payment processing integrated and easily compatible with new payment methods
• Generation of various reports
• Cashier performance analyzer
4. BMS
BMS stands for Business Management Software. It is an affordable, cloud-based, free trial retail management software designed by James Park and specifically designed for small business owners in the tent and tent industry. Whether you are a retailer and wholesaler, this software can manage your daily retail operations. It is affordable retail management software available in this particular vertical industry.
Features:
• Set up appointments and reminders for customers
• Products, price changes and product features can be added without too much trouble in the catalog
• Cloud based accounting with QuickBooks
• Manage Orders, Customers, and Resellers
Free and open source retail management software includes features that help track, manage and organize the workflow of the retail store. It allows monitoring of the entire retail management process and helps to eliminate all loopholes in the retail management process. According to a recent research report, 79% of consumers said that personalized service is a key factor in choosing where to shop. Retail management software goes a long way in providing a personalized approach to customers.