POS RETAIL

Celerant Technology Introduces New Powerful and Interactive Analytics to its Enterprise Retail Management Solution

Celerant Technology | February 11, 2021

Celerant Technology, a leading provider of innovative retail solutions, today delivered Stratus Analytics™, a ground-breaking analytics program to help retailers better picture and investigate their whole business by utilizing data from their Stratus Enterprise retail location and ERP framework. With Stratus Analytics, retailers can make intelligent dashboards, investigate pertinent KPIs, and offer experiences with representatives to help them settle on better choices, improve by and large execution, and be more beneficial.

Stratus Analytics coordinates with Stratus Enterprise™, an exhaustive retail management arrangement with cutting edge usefulness. Through the incorporation, Stratus Analytics removes all pertinent retail business data; and burdens it into a superior, cloud data warehouse. Intelligent dashboards and reports can be made, permitting retailers to break down the data in almost continuous; and imagine their business recently.

Stratus Analytics offers devices to assist retailers with characterizing objectives and screen execution with noteworthy bits of knowledge across their whole business, for example, buying, stock, grouping arranging and labor force management. Retailers can likewise make reports that consolidate client analytics with cross-deals/up-deals analytics to improve the general shopping experience and increment income. Visual reports can be consequently messaged to keep representatives and chiefs educated consistently; email reports are intuitive, permitting clients to penetrate down into additional subtleties.

Stratus Analytics is fueled by a high level inquiry motor equipped for delivering intuitive unique drill-down ways with sub-second reaction times, without depending on complex data total; and data is refreshed in almost continuous through a cutting edge data-streaming interface. Dissimilar to numerous business intelligence solutions, Stratus Analytics can be executed inside 24 hours, with more than 100 measurements promptly accessible.

About Celerant Technology
Celerant Technology is an innovative retail software provider enabling retailers to expand their businesses past their physical storefronts' and into the online world. Topping the RIS LeaderBoard for 15 years in-a-row, Celerant supports retailers through point of sale, inventory management, promotions and loyalty rewards, eCommerce, vendor integrations, marketplace integrations (i.e., Amazon, eBay, Walmart, Facebook), integrated email marketing and more.

Spotlight

While it is generally accepted that 90% of those connected to the Internet have made online purchases, that’s where the generalizations must end. Digital technology has spawned a vast array of options, and shoppers are using these channels differently depending on where they live, how digitally savvy they are, what categories they are shopping, and many other variables.

Spotlight

While it is generally accepted that 90% of those connected to the Internet have made online purchases, that’s where the generalizations must end. Digital technology has spawned a vast array of options, and shoppers are using these channels differently depending on where they live, how digitally savvy they are, what categories they are shopping, and many other variables.

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POS RETAIL

Lightspeed will Acquire Ecwid and NuORDER to Unify Commerce Ecosystem and Ignite Business Creation

Lightspeed | June 08, 2021

Lightspeed, the one-stop commerce platform for merchants worldwide to simplify, scale, and create exceptional customer experiences, announced today that it had reached definitive agreements to acquire two global leaders in digital commerce. Once completed, the acquisitions will give Lightspeed customers new digital economy access points, unmatched supply chain control, and more potential to create excellent customer experiences online. Commerce has fundamentally changed in the last year for the businesses that are the backbone of the global economy. New companies want quick and straightforward methods to sell online. Still, experienced merchants wish to invest even more in the tools and experiences that will connect their digital and physical operations. Lightspeed will acquire Ecwid, a best-in-class global eCommerce platform located in the United States that allows customers to start standalone businesses in minutes. When Lightspeed and Ecwid are combined, merchants will be able to contact customers wherever they are, whether on social media or digital marketplaces, ushering in increased selling flexibility and omnichannel experiences. In addition, Lightspeed has announced that it has entered into a formal agreement to acquire NuORDER. This disruptive digital service brings businesses and suppliers after the first solid reception and success of the Lightspeed Supplier Network. Lightspeed and NuORDER will collaborate to provide an industry-leading bridge between the merchant and supplier experiences, simplify product ordering for merchants, and provide brands with critical insight into how their products are moving. The acquisition will build on the early success of the Lightspeed Supplier Network and accelerate the growth of Lightspeed's financial services offerings, such as Lightspeed Payments and Lightspeed Capital, while also establishing the company as a global distribution network for leading brands such as Canada Goose, Converse, and Arc'teryx. Following the completion of Ecwid and NuORDER, Lightspeed will be the preferred technology partner for hundreds of thousands of customer locations1 and thousands of suppliers globally. About Lightspeed Lightspeed's one-stop commerce platform, which powers the global economy's backbone businesses, assists merchants in innovating to simplify, scale, and create excellent customer experiences. The cloud solution changes and unifies online and physical operations, multichannel sales, new location expansion, global payments, financing, and supplier network connectivity. In 2005, the company was founded in Montréal, Canada. The company serves retail, hospitality, and golf businesses in over 100 countries in North America, Europe, and the Asia Pacific.

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POS SOLUTIONS

Verizon Business and Mastercard are Collaborating to Bring 5G to the Global Payments industry

Verizon, Mastercard | July 19, 2021

Verizon Business and Mastercard announced a strategic collaboration that will result in transformational solutions for the global payments and commerce ecosystem. Mastercard and Verizon Business will collaborate to develop scalable innovations that drive the industry forward and offer new experiences for consumers and businesses alike, spanning from contactless shopping and autonomous checkout technology to Cloud Point of Sale (POS) solutions. Verizon and Mastercard will collaborate to enable (IoT) sensor connectivity with near real-time edge computing to power the fintech, payments, and banking industries and arm small and medium-sized businesses (SMBs) with hyper-automated and immersive commerce experiences. This includes the following: • Enabling smartphones or connected devices to accept payments seamlessly: Mastercard's commitment to providing contactless payments on a large scale will be coupled with Verizon 5G to transform some connected devices into commerce-enabled smart devices. Tap on Phone, for example, enables any business to provide the new and best-in-class contactless consumer experiences by turning qualifying smartphones into acceptance devices. • Unlocking touchless retail shopping experiences: Verizon 5G and Mobile Edge Computing will be integrated with Mastercard's retail technology solutions to reduce hardware requirements for in-store autonomous checkout, with the goal of faster deployments and new use cases such as mobile updates, voice and video order, and more. • Developing new ways to consume physical and digital goods: Verizon and Mastercard will work together to develop a digitally motivated network that will enable both firms to incorporate new, innovative solutions that will allow for more personalized consumer shopping experiences. This includes potential use cases such as unattended retail store access control and home door lock. • Empowering small business digital readiness: Verizon and Mastercard will aim to research how 5G mobility, business internet, and near real-time edge computing can provide real-time access to industry best practices customized for SMBs via Mastercard's Digital Doors curriculum, assisting businesses in driving greater efficiencies and effectiveness in their online operations to meet customer needs. • Improving Verizon customers' bill-paying experience: Verizon will use Mastercard's Bill Pay Exchange real-time messaging network to improve and accelerate communication between billers and consumers. As a result, Verizon will streamline bills paid via digital banking channels, digitize paper bills, and offer a mobile-first solution, reducing costs and improving the payment experience for Verizon customers. Verizon will also use technology from Ethoca, a Mastercard company, to detect and resolve fraud quickly. Mastercard and Verizon will test and install 5G at Mastercard's New York City Tech Hub in the Flatiron District to accelerate the pace of innovation and collaboration. In addition, Mastercard and Verizon intend to collaborate to explore 5G and Mobile Edge Computing technology and use cases and improve the overall experience for Mastercard employees. About Verizon Communications Inc. Verizon Communications Inc., established on June 30, 2000, is a leading provider of technology, communications, information, and entertainment products and services globally. Verizon, headquartered in New York City and with a global presence, generated $128.3 billion in revenue in 2020. The company provides data, video, and voice services and solutions on its award-winning networks and platforms, fulfilling customers' needs for mobility, reliable network connectivity, security, and control. About Mastercard Mastercard is a payments technology company with a global presence. By making transactions secure, simple, smart, and accessible, we want to connect and power an inclusive, digital economy that benefits everyone, everywhere. Our ideas and solutions help individuals, financial institutions, governments, and businesses realize their full potential by using secure data, networks, partnerships, and passion. Our decency quotient, or DQ, is at the core of our culture and all we do inside and outside the office. With connections in over 210 countries and territories, we create a sustainable world that unlocks priceless opportunities for all.

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POS SOLUTIONS

PAR Technology Adds Data Analytics Platform OneDataSource to its Brink POS Integration Partner Ecosystem

PAR Technology | July 08, 2021

ParTech, Inc., a global restaurant technology company and supplier of a unified commerce cloud platform for enterprise restaurants, has added OneDataSource to its Brink POS integration partner ecosystem. PAR Technology Corporation's wholly-owned subsidiary is ParTech, Inc. OneDataSource is a multi-unit and multi-brand business intelligence platform designed for multi-unit and multi-brand operators with 15 or more locations. Data for every single store in a restaurant operator's network and across brands can be viewed "on a single sheet of paper." The data platform has assisted restaurants with everything from automatic access to their most critical reports, accounting and payroll, performance reporting, and data aggregation for more than 20 years. By giving operators, managers, and employees full access to vital restaurant data, they can stay on the same page and make fast choices based on real-time information. The solution from OneDataSource can reduce error rates by double digits and data entry expenses by up to 70%. As a result, restaurant concepts can keep accurate data and scale quickly without wasting resources. Customers who have used the platform have expanded operations while reducing headcounts and G&A costs quickly. One example is MUY! Companies, which has grown from 30 stores to over 770 locations with a $1 billion revenue. ABOUT ONEDATASOURCE OneDataSource, founded in 2002 by former restaurant executive and franchise operator Bruce Belvin, specializes in business intelligence and process automation solutions for the world's top quick-service restaurant (QSR) brands. OneDataSource's oneVIEW solution ingests and stores data from disparate point-of-sale, back-of-house, and third-party systems, providing QSR leaders with a single application to see and confidently act on real-time data to achieve improved business results across many stores and brands. In addition, OneVIEW eliminates the need for cumbersome Excel sheets, numerous "sources of truth," and mundane manual procedures via cloud-based technology with intelligent automation, resulting in efficiencies that promote operational excellence and enable scalability.

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