Latest Hosting News
Share
Submit
RSS
Print
CommentsMicrosoft Corp. today made available an integrated solution for small-business retailers in the U.S., combining Microsoft® Office Small Business Accounting 2006 with Microsoft Point of Sale or Microsoft Retail Management System.
This free software add-in allows retailers to transfer point-of-sale data, such as transactions and purchase orders, directly into their financial management software. In addition to dramatic time savings and the reduction of manual data entry, the key benefit to small-business retailers is the ability to manage cash flow more effectively, thus helping improve profitability.
“Whether managing transactions at a single store or a chain of stores with Microsoft Point of Sale or Microsoft Retail Management System, small-business owners and their accounting professionals now have an even simpler means of assessing their businesses’ financial health in a single view through Microsoft Office Small Business Accounting 2006,” said Guy Gilbert, group product manager for Office at Microsoft.
Smoothly connecting point-of-sale data with back-end accounting systems has been a persistent challenge for many small-business retailers who lack the IT budgets and resources of their larger competitors.
Of the approximately 1.34 million U.S. retail companies, an estimated 99 percent have fewer than 10 stores, with 96 percent being single-store retailers, according to IHL Consulting Group Inc.
“Microsoft Point of Sale has proved its worth countless times over in terms of saving us significant time and money in ringing up sales, inventory tracking and other processes,” said Tracie Hiemstra, owner of Bella Rose Fine Gifts & Furnishings in Seattle.
“Now that we can automatically integrate transactions and vendors into Microsoft Office Small Business Accounting 2006 without having to buy new software or hire an IT specialist, I’m counting on even greater savings that can go straight toward improving our business and growing our bottom line.”
Del.icio.us
Digg
Reddit
Propeller
Mixx It
Hosting Bookmarks
Since 1999 Webhost4life.com is one of the fastest growing and debt-free web hosting companies in the industry.
View WebHost4Life.com`s profile for more
Comments: