Retail Without Limits

In 1776, Scottish economist Adam Smith in “The Wealth of Nations” published his concept of a commercial society and “the invisible hand” - an idea that self-interest drives the market. While the term has since been used more liberally than Smith originally intended, the core of his theory lies in the idea that it is people who drive change in a market. According to Smith, a commercial society is a society in which every man or woman becomes a merchant, as they require their needs to be met by the market.

Spotlight

Catalyst for Payment Reform

Catalyst for Payment Reform (CPR) is an independent, nonprofit corporation working to catalyze employers, public purchasers and others to implement strategies that produce higher-value health care and improve the functioning of the health care marketplace.

OTHER WHITEPAPERS
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How retailers are reacting to COVID-19 with a contactless limit increase

whitePaper | May 26, 2021

The spending limit for contactless card payments has increased from £30 to £45 this week in the UK, with the continuing Covid-19 coronavirus crisis accelerating a move that was already in the planning. Learn about the benefits and implications of this increase in this expert guide.

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The Value of a True Cloud ERP Platform

whitePaper | July 27, 2022

Today, cloud computing enables companies to adapt to changing business models, both strategically and operationally. Companies with a cloud-first strategy have learned that the cloud’s real value comes with being able to delegate the Service Level Agreement (SLA) of an entire solution, from infrastructure to application, instead of components. It is also widely recognized that a cloud platform reduces complexity and total cost of ownership and increases reliability, enabling faster development processes and decreasing risk. Companies that take an ad hoc approach miss out on many of cloud’s benefits and experience a variety of pitfalls.

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Real-Time Payments Systems & Third Party Access

whitePaper | January 27, 2020

Just as digital technologies have transformed so much of our lives, from access to information to communicating, the adoption of digital payments is fundamentally transforming banking systems, commerce, and societies around the world. Digital payments are full of promise. They can bring new levels of convenience and efficiencies, security and transparency, access and growth. Countries that have rolled out payment systems are already reaping the benefits. However, due to the inherent complexities of financial systems and of deploying digital technology, there is no one-size-fits-all model.

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Retail Automation: Stranded Workers? Opportunities and risks for labor and automation

whitePaper | December 3, 2019

The retail landscape is experiencing unprecedented change in the face of disruptive forces, one of the most recent and powerful being the rapid rise of automation in the sector. The World Economic Forum predicts that 30-50% of retail jobs are at risk once known automation technologies are fully incorporated. This would result in the loss of about 6 million retail jobs and represents a greater percentage reduction than the manufacturing industry experienced. Using Osborne and Frey study1 with the Bureau of Labor Statistics, the analysis suggests that more than 7.5 million jobs are at high risk of computerization. A large proportion of the human capital represented by the retail workforce is therefore at risk of becoming “stranded workers.”

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Revel’s Official Guide toSelecting a Restaurant Point of Sale

whitePaper | August 18, 2022

A restaurant POS is much more than a cash register; it’s the central nervous system of a business. Designed to facilitate and support every aspect of restaurant operations—from order placement, to payment processing, to kitchen management, to employee scheduling, to inventory control, and more— choosing the right POS for your restaurant is critical to your business success.

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GETTING READY FOR E-COMMERCE PEAK SEASONS

whitePaper | February 10, 2023

This extensive guide provides 40+ valuable tips on preparing marketing campaigns, managing product information, and preparing on-site to cope with traffic surges during holiday sales. The whitepaper also consists of checklists, planners, and more advanced strategies to futureproof tech stack.

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Spotlight

Catalyst for Payment Reform

Catalyst for Payment Reform (CPR) is an independent, nonprofit corporation working to catalyze employers, public purchasers and others to implement strategies that produce higher-value health care and improve the functioning of the health care marketplace.

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