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Accelerate Your Business Operations With FMCG Software
Posted: Oct 19, 2020
Technology has revolutionized the world over the years. It has paved the way for many industries, including retail, healthcare, manufacturing, transportation and so forth. By adopting modern-generation technology, various small and large businesses around the world have magnificently increased their services, resulting in huge profit than ever before.
It is worth noting that the retail industry with the advent of technology is breaking frontiers and playing a major role in increasing overall growth. Retail Software has become a mainstream of every small or large retail store. From inventory management to financial management, there is one solution for all your needs. Doesn’t matter how big or small your store is, just integrate it into your system and monitor everything sitting at the comfort of home.
In this article, we will discuss FMCG software and how you can boost your business performance with the best FMCG software.
Let’s know first what is FMCG?
Fast-Moving Consumer Goods, (or FMCG) refers to the daily-use products that are available in stores at low costs. FMCG products like soft drinks, dairy products, packaged goods, grocery items, etc., have a short shelf life because of high consumer demand. They all time ready to leave the shelves of a Kirana Store as in today’s time, these types of products have always been the basic needs of consumers as they use them regularly.
In this competitive market, small and medium-sized retail stores are facing a lot of difficulties to grow their business performance. Don’t worry, with the help of the best FMCG Software, you can manage business activities and even can keep all records in one place that can be accessed anywhere and anytime with the connected device.
Features of FMCG Software-
Software for FMCG has created a map to Kirara Store owners to have complete control over the sold products, available products, total sales, reports and more.
1. FMCG Billing
Billing has now become easier with the retail solution. Using this, you as a store owner can make several bills quickly with accuracy. Thus, FMCG Billing is one of the best features that not only increase customer retention but also provides them a unique shopping experience. The FMCG billing software also provides various features, including discounts, invoice splits, tax calculations, sales report, purchase report, variations in rate, return & replacement, dead-stock, bill switching, and so on.
2. Inventory management
Managing the inventory of stores has always been a daunting task for a store owner. But, with the penetration of retail solutions, they now have full control over the inventory. Using FMCG store inventory management software, or FMCG ERP software, the store owner can monitor inventory in a good manner and get real-time access to sold products, available products, and moving stocks.
3. Financial Accounting
Indian retailers who own grocery stores are converting more and more leads by adopting FMCG software into their system. They are also getting benefits in financial management as the solution, helping them with their financial environment by generating financial reports daily, weekly, monthly and yearly.
4. POS Solution or Barcode Software
A point of sale (POS) provides a better way to store owners to calculate the amount for the products owned by the customers. The POS billing software helps in faster payment with detailed receipts generated either in print or electronically.
What Are The Benefits of FMCG Software?
1. It’s Fast and Easy-to-use
FMCG software has been designed to streamline your business process. It is incredibly fast and easy-to-use. By integrating it into the system, you as a store owner can reduce operational costs and can handle various tasks related to billing, inventory, accounting, etc., in the most efficient, effective and accurate way.
2. Automation
It is a good advantage of having FMCG software for physical outlets. With this, you can automate various tasks such as payment reminders, send messages to the customers, past-due invoices and more.
3. Increase Productivity
There is no doubt as various small and supermarkets are increasing their productivity by providing customers with a unique shopping experience. You can use this software for your store to increase productivity and stay ahead in the competition.
4. Product Conversion
Physical store owners need to convert leads into sales. With the help of this software, you can keep the product conversion rates high.
It’s secure- This software has advanced security features that protect both the seller and buyer data.
5. Cost Saving
Every retail business wants maximum profits at low costs. You can reduce your huge time and money associated with the traditional works.
6. Modernity & Professionalism
Having a reliable software for store reinforces store identity. It also gives modernity & professionalism to your work, resulting in old and new customer engagement.
7. Work with Accuracy
Solutions made for retail store work with accuracy and provide them the best way to automate the store related tasks with accuracy. Using this, you can get accurate reports of inventory, sales, and more.
How To Use FMCG Software?
It is very easy to install the software on your server. First, you need to familiarize yourself with the software. Here are steps of using FMCG software-
- Get on the board by using unique id
- Set your payment terms
- Add products to sale
- Scan the product’s bar code
- If you have any offer, add it
- Apply discount (If you have any)
- Generate invoice
- Receive payment
Conclusion
Running a grocery store is indeed a hard task in itself. From inventory management, financial accounting to sales reports, an ideal FMCG billing software or POS solution can help you boost the overall performance of your store. Nearly every small or large physical store having advanced solutions to operate complex tasks such as offers, inventory management, sales, purchase, return, replacement, product conversion, discounts, etc. We recommend you to choose the right solution that perfectly matches your business requirements.
For over 26 years, Softworld (India) Pvt. Ltd.(SWIL) has been the leading solution provider in retail and distribution business. SWIL has specialized in healthcare & retail segments software solutions, asset tracking, and efficiently serving organiza