Retail
The retail sector is characterised by tight profit margins, fast delivery and the need to ensure that the right merchandise is in the right place at the right time.
Retailers must process payments efficiently, be able to open new store card accounts quickly, be resourceful in their ability to manage stock levels, instigate price changes and conduct regular store stock audits without compromising customer service.
BancTec supports the retail industry by providing store card account opening and sophisticated remittance processing services, enabling retailers to provide better customer service and gain better control of cash receipts and payments. In addition we also provide the latest Auto ID data capture solutions to better control and manage merchandise in stores, warehouses and goods in transit.
These solutions have already saved many retailers millions of pounds by creating more efficient processes, better cash flow and stock control. Issues such as shrinkage, on-shelf availability, tracking damaged goods and order fulfilment disappear, allowing staff to focus on customer service activities.
