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What is RICS Software?

Retail incorporates a cutting-edge POS system, effortless payment processing, smart product catalogs, and comprehensive inventory management to boost inventory turnover. This sophisticated POS solution connects your retail site with your storage facilities, eCommerce site, and the immediate stock availability from the brands in your inventory. Featuring standardized product data from over 125 brands, it simplifies the relationship between brands, your online presence, and your customers. This allows you to effectively order popular items, optimize your purchasing procedures, and track inventory metrics in real-time. The idea is simple: meet customer demand while minimizing excess stock. Despite this, certain items may remain unsold. To prevent financial setbacks, it is crucial to focus on acquiring more of the products that your customers find appealing. Traditionally, merging systems with brands, digital platforms, and other interfaces has been an expensive and complicated process, often resulting in failure. To address this issue, we developed RICS>Retail, emphasizing connectivity as a core principle to improve operational efficiency and simplify workflows. This groundbreaking strategy enables retailers to swiftly adapt to market trends, ensuring they consistently stock the right products. Additionally, such an approach fosters stronger relationships between retailers and suppliers, ultimately leading to a more responsive supply chain.

What is NewStore?

Empower your retail staff by providing them with immediate access to a comprehensive inventory catalog across the entire organization. Boost your shipping efficiency and reduce reliance on discounts by allowing shipments from any location where stock is available. Elevate the customer experience by integrating purchases made in-store with those from an endless aisle into a single, fluid transaction. Ensure customers can browse the full product catalog, complete with detailed descriptions, pricing, images, and reviews, all while receiving personalized assistance. Managing accurate inventory levels can often be difficult; streamline this task by offering a consolidated view that captures all supply and demand dynamics. Maintain your existing master systems for products, pricing strategies, promotions, and inventory management to guarantee that all information remains accurate and thorough across the organization. Leverage your preferred business intelligence tools to delve into data insights, including orders, inventory status, and payment transactions. Moreover, this wealth of information is readily accessible through streaming APIs that track every event happening within the platform. By employing these advanced tools, businesses can significantly improve their decision-making capabilities and adapt more swiftly to changing market conditions, ultimately leading to greater operational success. With such resources at their disposal, retailers can foster a more agile and responsive business environment.

Media

Media

Integrations Supported

Shopify
Cyclr
QuickBooks Online
Trakwell.ai

Integrations Supported

Shopify
Amazon Web Services (AWS)
Canopy
Endear
Salesforce
Syrup
Toolio
Zendesk

API Availability

API Availability

Has API

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

RICS Software

Date Founded

1983

Company Location

United States

Company Website

www.ricssoftware.com

Company Facts

Organization Name

NewStore

Date Founded

2015

Company Location

United States

Company Website

www.newstore.com

Categories and Features

Inventory Control

Allocation
Barcoding
Cost Tracking
Forecasting
Item Management
Order Management
Reorder Management
SKU / UPC Codes
Supplier Management

Inventory Management

Alerts/Notifications
Forecasting
Inventory Optimization
Manufacturing Inventory Management
Mobile Access
Multi-Channel Management
Product Identification
Reorder Management
Reporting/Analytics
Retail Inventory Management
Supplier Management

Point of Sale

Barcode Scanning
Commission Management
Customer Account Profiles
Discount Management
Electronic Signature
Gift Card Management
Loyalty Program
Multi-Location
Retail POS
Returns Management
eCommerce Integration

Retail Management

CRM
Commission Management
Email Marketing
Employee Management
Loyalty Program
Mail Order
Merchandise Management
Multi-Location
Order Management
Purchase Order Management
Reporting/Analytics
Returns Management
eCommerce

Categories and Features

Clienteling

Not specified

Inventory Management

Not specified

Order Management

Not specified

Point of Sale

Not specified

Retail Execution

Not specified

Retail Management

Not specified

Retail POS Systems

Not specified

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