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White Paper: Key Factors to be Considered When Replacing Old Point of Sale Systems by Retailers
January 13, 2010
In the current financial situation, more and more retailers are finding ways to increase demand for their goods and services, though there is scare by the media about the possible collapse of the financial institutions.
Many retailers are still continuing to stretch their investment in older point of sale systems as a tactic to survive during this recession. Some have even implemented cost savings, closed stores and significantly reduced capital spending as they proceed into what is hopefully an economic recovery.
In a white paper by Paul Streicher, president and managing director of Retail for SalePoint, Inc, titled, ““Why Retailers Should Replace Old Point of Sale Systems Now,” Streicher discusses the key issues faced by retailers and suggests that retailers who have extended older point of sale systems well beyond their normal use should replace with a new one to overcome this economic crisis.
The white paper from SalePoint, Inc., a Premier IBM (News - Alert) Business Partner that offers platforms and solutions tailored to meet the escalating demands for retail point of sale solutions, suggests that its offerings bring retailers competitive options on hardware, software, leasing, and other options to deliver retailers a complete solution including IBM POS hardware that fit retailers financial needs and support key business strategies.
These unique capabilities offered by Sale Point, help retailers to replace their older system which accompanies software applications that are no longer supported and are not PA DSS validated.
To achieve the deadline and avoid fine that will be imposed by failure to comply, retailers need to initiate the replacement of their old systems immediately. The new system will also help in protecting the sensitive customer data, which is now a conjunction with PCI (News - Alert) DSS Compliance standards.
With the new point of sale system, retailers can even expect to increase their sales and perform real time functions to support their sales and operations. They can also have rapid and reliable data on inventory movement in the stores to adjust to consumer demand that has changed during the recession from the demand that the retailer had experienced before.
Paper also recommends options and remedies for retailers for system replacements quickly since the PCI DSS deadline of July 2010 is fast approaching.
Many retailers are still continuing to stretch their investment in older point of sale systems as a tactic to survive during this recession. Some have even implemented cost savings, closed stores and significantly reduced capital spending as they proceed into what is hopefully an economic recovery.
In a white paper by Paul Streicher, president and managing director of Retail for SalePoint, Inc, titled, ““Why Retailers Should Replace Old Point of Sale Systems Now,” Streicher discusses the key issues faced by retailers and suggests that retailers who have extended older point of sale systems well beyond their normal use should replace with a new one to overcome this economic crisis.
The white paper from SalePoint, Inc., a Premier IBM (News - Alert) Business Partner that offers platforms and solutions tailored to meet the escalating demands for retail point of sale solutions, suggests that its offerings bring retailers competitive options on hardware, software, leasing, and other options to deliver retailers a complete solution including IBM POS hardware that fit retailers financial needs and support key business strategies.
These unique capabilities offered by Sale Point, help retailers to replace their older system which accompanies software applications that are no longer supported and are not PA DSS validated.
To achieve the deadline and avoid fine that will be imposed by failure to comply, retailers need to initiate the replacement of their old systems immediately. The new system will also help in protecting the sensitive customer data, which is now a conjunction with PCI (News - Alert) DSS Compliance standards.
With the new point of sale system, retailers can even expect to increase their sales and perform real time functions to support their sales and operations. They can also have rapid and reliable data on inventory movement in the stores to adjust to consumer demand that has changed during the recession from the demand that the retailer had experienced before.
Paper also recommends options and remedies for retailers for system replacements quickly since the PCI DSS deadline of July 2010 is fast approaching.
Jyothi Shanbhag is a contributing editor for TMCnet. To read more of Jyothi's articles, please visit her columnist page.
Edited by Kelly McGuire
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