Protecting profits is the cornerstone of independent business. Protections against theft, fire, flood and other huge disasters are, of course, uppermost in our minds. However, it is smaller, often unseen details, which can pervade both business efficiencies and profits if left unchecked. Having the tools at hand which allow you to spot any inconsistencies becoming larger problems means you can protect profitability.
XSELL Reporting for Duty
The XSELL reporting suite is packed full of resources to ensure you have complete oversight of your business.
As you’d expect, there are all the reports you will ever need when it comes to sales and margins, and VAT analysis reports. There is also an hourly breakdown report so you can really map the ebbs and flows over trading hours. There is also a whole raft of other data available which offers invaluable insights into all aspects of your business.
Stock
There’s no end of ways you can keep an eye on exactly how your stock is selling. You can run reports on items of stock that aren’t moving, or moving too slowly, or how much stock you have had to mark as faulty when received from your supplier. Stock valuation reports are useful in allowing you to build up an accurate picture of how much working capital is on your shelves. Reporting on sales of stock items you hold on sale or return terms also gives you valuable insights. Drilling down into the details of how and when stock is selling means you can be highly efficient at predicting order levels when purchasing from your suppliers.
If you have an ecommerce website integrated with the XSELL software suite, you can easily report on how many of your sales are coming from online or in your shop.
Staff
Reporting on sales by staff members can be a useful tool in incentivising them. You can also quickly spot if any individuals are making the same kind of mistakes such as putting incorrect totals into the card payment machines. The ability to know who needs a quick review can stop any problems compounding. Staff members can be set up with differing clearance levels, so for instance you can limit who can apply a discount, release petty cash or authorise a refund.
At the Till
Having the ability to report on aborted sales, discounts given, refunds, price exceptions and petty cash analysis means you can be forensic in how you manage your tills.
Too many keying in mistakes happening on the card machine? You’ll be able to spot it quickly and perhaps choose to integrate your EPoS with your card payment provider, so totals from the till are sent direct to the machine.
Customer Insights
The XSELL system allows you to drill down into the details of your sales. You can isolate sales made by gift cards or how many products have sold which are part of a promotion. These types of reports inform you of buying habits and how effectively your promotions are performing.
Being able to report on buying habits of customers with accounts or loyalty cards give you a clear insight in what and when they are buying. This data can then be used as part of future marketing campaigns.
The XSELL suite is designed to allow you to recognise and eradicate inefficiencies. It’s primary function is to help you:
Minimise Workloads
Maximise Profits
Streamline Processes
Ready for an upgrade?
We offer free, no-obligation demonstrations so you can discover how to optimise your business with EPoS software and hardware from POS Ltd.