Showing posts with label retail pos software. Show all posts
Showing posts with label retail pos software. Show all posts

Tuesday, November 10, 2020

Tis the season for Tax Deductions!

OK - So I am no way a tax expert so be sure to validate this information with your tax professional. I do have experience as a business manager as well as a degree that included 300 and 400 level accounting and finance course work).

For the last 20+ years, I am always asked about deducting point of sale system expenses from your taxes as an expense.  For most retailers, the answer is yes - an outright purchase of point of sale hardware and software can qualify as a deduction. The requirements are that the hardware is being used in the business and not for personal use.

Some gray areas include if you can deduct point of sale hardware that you are leasing as well as point of sale software that you pay a monthly subscription on.

At any rate, if you have not used up your computer hardware deductions for 2020, now is a great time to look at investing in a new POS system. At this point, you should expect that you will pay for the point of sale system now but not have the new system installed until 2021.   

One last thought - don't wait until the last week in December to try and purchase a new point of sale system for tax purposes - I've had lots of folks call me on December 31st and generally it's too late with most staff (and most companies) closing early on New Years Eve. A good deadline (depending on what you need) is having everything finalized by Dec 15th, 2020. This allows time to process payments and get you that much needed invoice/receipt showing that the POS system was paid for in 2020.

Thoughts, comments and suggestions on the above are welcomed! You can reach me at kevinantosh@gmail.com or 208-340-5632.  






Tuesday, October 2, 2018

An Overview of Age Verification in the Cloud Retailer Point of Sale Software

On a regular basis, I read about retailers being fined for selling liquor to underage customers. Unless you really like paying fines, a point of sale system with age verification is a great investment. Other retailers may also have products that are age restricted so this goes beyond liquor stores as far as being an important feature within the point of sale software.

This specific video quickly covers how age verification works in the Cloud Retailer point of sale software. I didn't have my 2D scanner with me (I'm on the road this month) so I'll create another quick video once I have my scanner with me.




If you have any general questions about retail point of sale programs with age verification, please contact me at 208-340-5632 or kevinantosh@gmail.com. If you have some interest in the Cloud Retailer point of sale software, please use my work contact information (208-994-9404 or kevina@rite.us).

Cheers!

Wednesday, January 17, 2018

Cloud Retailer Versus On Premise POS

Guest article from Rick Feuling, CEO at RITE, discussing the unique design of the Cloud Retailer point of sale software:

Cloud-based technology is where a group of businesses that use the same technology tools shares infrastructure that is hosted somewhere outside of their physical location (on the cloud) and that infrastructure is maintained by a 3rd party.  An example would be where if each business would need a $2,000 server on-premise OR instead 100 businesses could use a $20,000 server setup somewhere else (90% lower cost) and share it and actually end up with a more reliable system.

This idea is not actually new, it's been around and done for a long time but some newer technologies make it easier to implement, more user friendly, and the clear economies of scale it has become very popular over the last few years and is continuing to gain momentum in all industry sectors (government, Fortune 500 companies, and small/medium enterprises).    

When you hear "cloud-based" that very often means that the software is fully in the browser and you install zero software on the computers that use it.  Your email is fully cloud-based unless you use Outlook (which is software installed on your computer).  One of the main upsides of cloud-based is you never have to worry about upgrading or maintain the local software, the downside is when the internet goes down or if the company that makes the software has a server crash, you cannot use it. Technically speaking Cloud Retailer is NOT pure cloud-based - it's "hybrid-cloud" which is the best of both worlds.  When the internet is down you can keep using the POS to ring customers but the back office software is fully in the cloud.  In this article, we're going to discuss how we leverage this technology deployment method with Cloud Retailer and the benefits of doing so.

As mentioned earlier, with Cloud Retailer get access to technology infrastructure that no single reasonably sized retailer (IE $500M in rev per year or less) would have access to on their own.  Here are a few key examples:

Network firewalls
Most of our clients have limited to no network security.  They don't have a commercial grade firewall that monitors for hack attempts.  They don't have proper network segmentation, they don't have firewall experts on staff.  They should, but it's not feasible, for most, it's too costly to put the equipment in place let alone have the staff required to monitor it.  Cloud Retailers servers are protected by sophisticated and monitored network firewalls. 

Database servers
Most of our clients don't have multiple daily backups.  They don't have hard drives mirrored, they don't have redundant power, redundant servers, etc.  With Cloud Retailer that's in place.  In terms of performance, reliability, and redundancy, You share server resources that no single retailer could typically afford.

Additionally, the resources you need as your business grows are automatically scaled up.  If you went from one to five stores would you need a new server?  You'd need to have a discussion with an IT person to hammer that all out.  With Cloud Retailer, if there's a problem with our database servers we deal with it and you likely never even become aware.

Access to technical people 24-7-365
If a key part of your infrastructure fails at 2 am in the morning, how quickly are you aware of it?  Our team always has team members on call 24-7-365 to deal with any critical emergency should it arise.  If your server is on-premise you likely won't know until the store opens at which point you're scrambling to figure out what's wrong and who can help you (local hardware guy or your software people, etc).

POS resiliency
A feature of the Cloud Retailer system is that each POS can operate independently of any other systems so if you have a networking issue or we have a server issue your POS will never go down unless the computer or tablet it's hosted on breaks and when that happens, no other POS stations are affected.

 As mentioned above the POS software lives on the device itself and stores some data locally for emergency operation.  This is a significantly better type of "cloud" solution (hybrid cloud as mentioned in the introduction).

Security - credit cards
While strictly speaking our credit card technology does not relate to how we're using the cloud to host your systems the security question is often wrapped in the "cloud" conversation.   Pretty much all of the "hacks" that have occurred over the years (Target / Best Buy / Home Depot / etc) have been the result of credit card swipe data going to a POS computer for a fraction of a section and then relaying that data to a credit card processor for approval.  There are two issues with that:

1)  A computer is a device built to run many different programs.  That means POS software - and unfortunately viruses which are just programs.
2)  In the technology world, a fraction of a second is ample time to steal data when a virus is sniffing for it.

Cloud Retailer uses "Card Defender" which are specialized payment terminals (that face the customer) and are built to do one thing and one thing only - process credit cards securely.  They encrypt the card data before it touches your network and are built to stop working if they are tampered with (software AND hardware wise).  NO CREDIT CARD NUMBER EVER TOUCHES YOUR COMPUTERS / POS.  Traditional POS where you use the old swipe on the side of the screen is very dangerous in this day and age.

For more information on Cloud Retailer please visit www.cloudretailer.com or call 888-267-7483

Wednesday, January 10, 2018

Microsoft RMS vs Retail Management Hero vs Cloud Retailer

***Updated video coming early 2019 as there have been over 60 enhancements to Cloud Retailer like the ability to use purchase planning to auto-generate purchase orders***

Comparing Microsoft RMS vs Retail Management Hero vs Cloud Retailer in the areas of
  •  included modules
  •  ringing up sales
  •  looking at inventory items
  •  creating purchase orders
  •  running reports
  •  merchant services options
  • differences between customization and configuration
Helpful not only for Microsoft RMS users seeking low cost RMS replacement programs but also for retailers searching for a new POS system that are not using Microsoft RMS.




You can reach me at kevinantosh@gmail.com or 208-340-5632 for more detailed information or to have a general conversation about your retail business.

Monday, January 8, 2018

Cloud Retailer Discounts for Microsoft Dynamics RMS Users

With more and more retailers looking to replace their Microsoft Dynamics RMS point of sale software, I figured that now is a good time to explain the various discounts offered to RMS users who migrate to the Cloud Retailer point of sale software:

For RMS users who are current on software maintenance:
100% Discount on the up front license cost of Cloud Retailer (normally $500/lane).

Please note the following as well:
  • The RMS database can be imported in to Cloud Retailer - including 3 years (or more) of customer purchase history.
  • Cloud Retailer includes Card Defender which offers the latest in payment processing technology and security.
  • Cloud Retailer is a single or multi-location point of sale program. No additional modules (or servers) are needed to use Cloud Retailer across multiple locations.
  • Cloud Retailer is licensed by the number of check out lane licenses that you need. Back office/manager licenses are free.
If you have any questions, please contact me at 208-340-5632 or kevinantosh@gmail.com. I have also created a couple of videos about Cloud Retailer as a low cost Microsoft RMS replacement which can be found here and here.


Tuesday, November 7, 2017

Microsoft Dynamics RMS and Retail Management Hero Differences - Merchant Services

OK - not one of my more exciting videos but there are some key differences in how Microsoft Dynamics RMS and Retail Management Hero (RMH) handle credit card processing. The video highlights the differences and also touches on how Card Defender applies to both RMS and RMH.



You can always contact me at kevinantosh@gmail.com or 208-340-5632 with questions related to RMS, RMH and/or Card Defender.