Wednesday, April 17, 2024
HomeFashionLightspeed Publicizes Updates to its Flagship Retail Platform – WWD

Lightspeed Publicizes Updates to its Flagship Retail Platform – WWD

Lightspeed Commerce Inc., the unified POS and funds platform, has introduced the implementation of recent progressive developments designed to assist companies keep forward of the curve, save time and deal with the buyer.

The platform’s updates embrace three new streamlining options together with Time Clock, Cargo Historical past and Automated Ordering.

“Our present financial local weather makes working a retail enterprise additional difficult,” mentioned Ana Wight, basic supervisor of retail at Lightspeed. “These newest updates are designed to make day-to-day operations for retailers extra environment friendly. They offer enterprise house owners their time again, to allow them to deal with what counts: connecting with clients.” 

The primary new function, Time Clock, addresses payroll processing and worker attendance monitoring whereas guaranteeing correct pay via third-party integrations by bringing the punch-in-and-out to the POS, eliminating guide timesheets and switching apps. When carried out retailers are capable of condense programs, in the end lowering coaching and compliance prices.

Equally, Lightspeed’s new Cargo Historical past function brings programs collectively by eliminating the necessity for guide reconciliation by permitting retailers to trace shipments acquired towards place buy orders, saving time and lowering the danger of errors — particularly necessary when reconciling invoices. By Cargo Historical past, retailers can observe what was acquired and what was ordered (even because it arrives in a number of shipments) for a straightforward view of what has not arrived.

Final, Lightspeed’s new Automated Ordering function goals to simplify complicated stock points by leveraging Lightspeed Analytics. Powered by Lightspeed Analytics, the function is designed to generate an inventory of instructed orders together with when to order and in what portions by analyzing knowledge to find out what’s promoting effectively whereas forecasting when inventory must be replenished.

Notably, these new options are the most recent on Lightspeed’s ever-evolving platform. Different updates just lately introduced embrace NuOrder Assortments and Unified Funds.

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