How Data Analytics Boost Profits
How Data Analytics Boost ProfitsData analysis is crucial for success in today’s business landscape. By being able to analyse operations, stock and customers, it is possible to drive the business forward, increase profits and run the business optimally.
Working through resistanceIt’s no surprise that there’s resistance to embracing data analytics. It’s a big subject and business owners have more than enough to do as it is. Added to which, in the current climate, it’s understandable that there’s resistance to investment. However, the pros of data analytics far outweigh the cons. For more information about what data analytics is and what it does, Oracle’s guide on What is Data Analytics? is a great place to start.
EPOS does the heavy lifting for youAn EPOS system is going to give you the tools you need for success. It will allow you to spend a lot less time on the admin. Look for a solution that fits the needs and budget of your business. There are ‘plug & play’ systems out there, but it’s much better to go with a company who will take the time to demonstrate their software features in full and show you the full range of analytics available to you. Find an epos that can integrate with the other applications you needs such as accounting software, ecommerce websites and card payments. In person training will pay dividends.
We called it XSELL for a reasonWe provide the full breadth of features and functionality as standard (some suppliers will only include basic till and back office functions and you’ll be charged extra for the rest). Having access to every tool in all areas of your business means you will reach optimal performance in the least amount of time.
The software gives you an at-a-glance sales overview via the dashboard and you can easily choose what you want to include.
The xsell reporting suite gives you all the tools you need to maximise potential and pre-empt future needs:
- Sales reports by any time frame and any category.
- Stock analysis including valuation, levels, non-moving stock and faulty stock
- Customer behaviour analysis.
- Many other reporting tools are available such as gift and loyalty card activity, purchase order valuation and staff analysis to name but a few.
And if you need something bespoke, we can do that for you too.
Analyse ThisIn summary, the XSELL point of sale and back office software suite’s business insights, management tools and sales analysis means you can:
- Maximise profits
- Streamline processes
- Minimise workloads
We offer free, no-obligation online demonstrations. use the contact form to ask a question or request a demo.