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Introducing 24x7 Retail, The ultimate cloud-based POS solution partner for your business!

24x7 Retail is a cloud based Point Of Sales (POS) solution powered by Sri Lanka's leading POS software provider myPOS Software Solutions.

WHAT IS A CLOUD POS SOFTWARE?

 

Cloud-based computing (also called Software as a Service, or SaaS) allows users to access software applications that run on shared computing resources. For example processing power, memory, and disk storage via the Internet. These computing resources are maintained in remote data centers dedicated to hosting various applications on multiple platforms.

 

Cloud POS is a Software as a Service that allows users to access point of sales software over the Internet. Cloud POS systems generally has much lower upfront costs because computing resources are leased by the month rather than purchased outright and maintained on premises. Cloud software also gives companies access to their business-critical applications at any time from any location.

 

While technically the only difference between Cloud POS and on-premises POS is, where the software is physically located, there are other significant differences which we explain below.

KEY CHARACTERISTICS AND ADVANTAGES OF CLOUD SOFTWARE

 

Cloud is particularly valuable to small and medium-sized businesses (SMB’s) because it provides access to all-functions of applications at a reasonable price without a substantial upfront expenditure for hardware and software. Using the right cloud provider, a company can rapidly scale their business productivity as their business grows or a new company is added.

 

THE BENEFITS OF CLOUD COMPUTING

 

  • Cloud software has been proven to reduce costs in many ways because it:

    • Avoids upfront costs for all computing infrastructure such as hardware and data servers.

    • Reduces IT support services, because IT support is provided by the data center.

    • Eliminates paying upfront for application software licenses in favor of a monthly fee.

    • Shrinks the cost of maintaining and supporting applications since the cloud vendor handles the updates and upgrades.

 

  • The most important benefits of Cloud software go beyond cost savings and include:

    • Paying only for the computing resources required.

    • A fixed monthly rate so companies can use their cash on other business initiatives.

    • By taking advantage of Cloud software applications which are accessible faster, since the installation of hardware and software on servers or user devices are not required.

    • The ability to adjust the amount of cloud service required, as and when a company’s computing or storage needs fluctuate.

    • Having the assurance that the data has been backed up and that there is a disaster recovery plan in place.

    • Avoiding attacks on the company’s server because the data is not stored locally, but in the cloud

    • Being able to access the system from anywhere makes it easier for a company to expand geographically as Internet is available all over and there is no need to install hardware and software at remote locations.

INTRODUCTION TO 24x7 RETAIL

 

24x7 Retail is the point of sales solution, which gives you a convenient way of checking out customers and of recording sales whilst keeping records of the store inventory, order processing, printing out receipts, carrying out promotions, tracking customers, etc. The system eases the flow at checkout terminals while recording all the information that can help you make better business decisions.


When checking out a customer you can either input the sales item yourself, use a bar code scanner or going one step further you can use our mobile solutions for much faster checkout times. The system makes your business accounting a lot easier by creating reports on inventory, sales, customers, etc. Since it is already recording each sale, it can easily tell you the sales and revenue of the day.


24x7 Retail provides an easy-to-use interface for all your activities, and it can make the job of the cashier a lot easier by automating the routine tasks of the day. 

24x7 Retail  is the system that you’ve been looking for to take full control of your business. You will feel the power of having the right information at the right time and at the right place.

mySky is now 24x7 Retail

MODULES

 

myOffice – Sales & Inventory Control Module

 

This module covers the sales and inventory functions of the organization, where it creates master information such as products, suppliers, price details, customers, etc.  Since 24x7 Retail is a cloud-based solution, you can manage your business from anywhere. myOffice (backend module) is a fully-fledged inventory & sales monitoring module covering all transactional areas such as ordering, purchasing, stock reconciliations, transfers, warehouse stock maintenance, maintaining damages and wastage, etc.

 

The systems management information is handled by the built-in MIS module, myReports. This enables you to view reports based on your stock positions, sales, commissions, profitability and many other areas. myReports gives an in-depth analysis of your business, supported with easy-to-understand graphical presentations.

myCheckout – Retail Sales Outlet Front-End Module

 

The front-end module of the software is solely for the purpose of billing and for the billing only. Rather than being a typical POS terminal for invoicing, myCheckout will handle cashier collections, receipts and withdrawals, and many other options, which will help you to have a faster checkout time at the counters. Our blind cash-off method of not showing any collection details to the cashiers will help prevent pocketing of excess cash situations or cash shortages by informing the managers about variances on actual money in hand with comparisons to the computer balances.      

 

24x7 Retail checkout module supports POS units, PCs, Tabs or even mobile phones for the billing functions. Runs on Windows, Linux, Android, or iOS.

24x7 RETAIL STANDARD SYSTEM ARCHITECTURE

 

24x7 Retail  is a cloud-based application, where the central database will be accessible via the internet or VPN to all users, enabling real-time information across all levels of the organization.

 

KEY FEATURES

 

  • Real-time data available at the store level

  • Automated application level/database-level data synchronization to head office

  • Disconnected Offline Operation Point Of Sale- operate in offline mode when you lose your store local network connection and your data will be automatically streamed once you are connected again

  • Built on Microsoft and open source technologies such as Flutter, SQL Server, MySQL & .NET Core.

  • Communicates over the internet / VPN to Head Office

  • n-Tier Architecture - whether you have a single location, 100 or 1000 24x7 Retail is extremely scalable

  • Automatic software updates - software updates applied in the background

  • Template-based transactions enable any number of transactions at head office/store