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Archive for the ‘Blog’ Category

Great Support and Not In the Cloud!

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There are many new products on the market that advertise POS Software as cheap, free, easy and that is probably what you will get, a glorified cash register that can open a drawer, print a receipt, count your change and it is cheap, free and easy.

ProphetLine obtains the more important benefits relating to margins and investment. We call this the “Retail Easy” way of merchandising. We do a multitude of formulas and algorithms behind the scenes and come up with an easy to understand way to run your business and control your inventory, which is the life blood of retailers.

Retail Easy takes all the data that is obtained from your purchases and sales transactions and gives you a single sheet of paper with comparatives on vendors, items, classes, and departments. Who gives you the best turn rates, sell through and margin, vendor A or Vendor B? This is knowledge to make smart business decisions, not a bunch of lists that have very little comparative meaning.

The typical retailer is overstocked by 10-25% at any given point in time, meaning that for every $100,000 in sales, there can be $5,000 to $25,000 (at retail) in excess inventory on the shelves. When you start looking at $500,000 in sales, the wasted investment runs into six figures. Imagine converting $100,000 of excess inventory into cash.

Retail Stock Ledger, Open-To-Buy Planning, Retail Easy Reporting & Accounting. ProphetLine, Beyond POS Software!

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Windows 10 S will cost you extra to run your programs

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Microsoft just released Windows 10 S as “Streamlined for security and superior performance.”. While this sounds great, it doesn’t tell the full story. Windows 10 S will ONLY run applications from the Windows Store…. unless you purchase an upgrade to Windows Pro.

What does this mean…. Your new computer will not run Chrome or FireFox. Your search engine will be Bing and you will use the Edge browser. You cannot install Adobe Reader for PDFs. You cannot install anything not in the Windows Store.

Microsoft does know you want to install these things, however, and thus the allowance as long as you purchase an upgrade to Windows Pro. Rumor is the upgrade is about $50 so it is not huge, but just be forewarned you are probable going to want it and thus your cost will be more.

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Upgrade Your Business with a Low Monthly Fee

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A retail merchandising dynamo that will upgrade your business and life for less money than the light, fluffy POS software only after your credit card income.

OTB_PlanYou control your inventory without having the hassles of being a spread-sheet guru. We crunch the numbers behind the scenes and you get easy to understand retail easy department/class comparatives, vendor comparatives, built in open-to-buy planning and retail stock ledger.

A high performance all-in-one retail solution that makes technology simple; including point of sale, small business financials, inventory, e-commerce and customer marketing in one all-inclusive package with a low one time purchase price or monthly subscription.

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Encrypted and Secure POS/Business Software Data

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When you are moving files from point “A” to point “B” and being stored in Point “C”, you are vulnerable for a breach, unless you have secured every data access point.

All sensitive data is stored encrypted in ProphetLine and Internet credit/debit card processing is PCI DSS secure.  Our customers are offered secure FTP multi store communications at no additional charge.  We also offer networked workstations that can go off-site and re-sync to the server after doing that remote show, which eliminates the security problem.

The next time you put the nude selfie in the cloud and it’s hacked, you can blame it on cousin Eddie, but where your business data is stored is your issue and no one else

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ProphetLine offers fully integrated & automated speciality POS software.

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“ProphetLine delivers professionally managed, affordable, and full unified retail technology solutions to small and mid-tiered retailers, guaranteed.”

For the small retailer or a large chain, ProphetLine’s innovation, expertise, and commitment make ProphetLine products the best solution for specialty retailers today and tomorrow.

ProphetLine specializes in providing small specialty retailers with high quality, inexpensive software that enables them to compete and beat larger retailers. If you are a busy specialty retailer that wears many hats, you can appreciate the ease of use and precise reporting.

ProphetLine allows you to do what you do best, sell your products without having the hassles of being a technical guru.

ProphetLine promotes good business practices and rewards good business people.

We have all the features you would expect in a quality retail management system, without all the import/export, “integration” and other technical procedures.  ProphetLine is truly a high performance all-in-one retail solution that makes technology simple, including point of sale, small business financials, inventory, e-commerce and customer marketing in one all-inclusive package.

ProphetLine was the World’s first specialty retail Windows application and a four time winner of the Microsoft Retail Developer of the Year Award.

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Business Analytics Mean Good Inventory Control

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An easy way to improve your retail business is to do a department/class comparative that gives you the percentage of inventory in each department and the contribution of that department to the overall revenues of the business.

If twenty percent of your inventory is in department “A”, but it only contributes ten percent to the overall revenue, you have a problem which can easily be corrected.

All of that information should go to your open-to-buy plan and you can then make the adjustments necessary for future purchasing. You now have a road map to make good decisions on how much inventory should be in each department.  You will also need to go to your retail stock ledger and review which vendors perform well with good turns, robust sell through and good cumulative gross profits.

Those bad performing vendors can be approached should be willing to negotiate improved pricing or better terms.  If this sounds like a lot of work, it’s not with a totally automated retail system and only requires you to look at this information occasionally.  Being a busy specialty retailer that wears many hats, you can appreciate the ease of use and precise reporting.

ProphetLine allows you to do what you do best, sell your products without having the hassles of being a technical guru.

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Partners in Data Security for Small Retailers

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ProphetLine and MercuryPay are your Security Partners.

The US Federal Bureau of Investigations (FBI) has warned retailers to harden their defenses against cyber-heists – particularly those that latch onto credit card details from shoppers, as apparently happened to Target and more large retailers.

It should be comforting for you to know that ProphetLine and Mercury Payment Systems are your partners in data security for small retailers.  You have better security than the big retailers at no cost to you.  Everything for security and encryption is built into the credit, debit and gift card functionality.  The only thing you pay is the normal merchant service fees, which are extremely low with Mercury.  This should be one of the major points of your buying decision for new POS/Retail Software. Can you really afford the penalties, fines and customer dissatisfaction if you are not totally secure?

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ProphetLine vs Entry-Level Point of Sale Software

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I am asked sometimes how we compare to Entry-Level POS software and the question should be how can an entry level Point of Sale System compare to ProphetLine.  Short answer is, It Can’t.   ProphetLine is the POS/Premium Merchandising Software with easy to understand department/class comparatives, vendor comparatives and built in open-to-buy planning.  ProphetLine has developed software for many Fortune 500 companies, but we specialize in providing small specialty retailers with high quality, inexpensive software that enables them to compete and beat larger retailers. If you are a busy specialty retailer that wears many hats, you can appreciate the ease of use and precise reporting.  ProphetLine allows you to do what you do best, sell your products without having the hassles of being a technical guru.  ProphetLine promotes good business practices and rewards good business people. We have all the features you would expect in a quality retail management system, without all the import/export, “integration” and other technical procedures.  ProphetLine is truly a high performance all-in-one retail solution that makes technology simple, including point of sale, small business financials, inventory, e-commerce and customer marketing in one all-inclusive package.  ProphetLine was the World’s first specialty retail Windows application and a four time winner of the Microsoft Retail Developer of the Year Award.

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Mobile POS Devices are Vulnerable to Attack

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Mobile Point of Sale (MPOS) devices can be easily hacked, leaving banks, retailers and millions of customers exposed to serious fraud around the world, global information security firm MWR InfoSecurity has revealed at the SyScan security conference in Singapore.
Security researchers from MWR Labs, the research arm of the company, who in 2012 revealed critical vulnerabilities in Chip-and-Pin devices, demonstrated at the conference that it is possible to compromise MPOS terminals with multiple attacking techniques using micro USBs, Bluetooth and a malicious programmable smart card.
“What we have found reveals that criminals can compromise the MPOS payment terminal and get full control over it. This would allow an attacker to gather PIN and credit card data, and event change the software on the device so that it accepts illegitimate payments,” says Jon, Head of research at MWR InfoSecurity. “This shows that card holders paying at MPOS terminals worldwide are potentially at risk. Banks and retailers should also be wary when implementing this technology as it could leave them open to serious fraud.”
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Storms in the Cloud

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The cloud is much like using a WAN (wide area network) or VPN (virtual private network).  Everything is connected and just seems to work.  The problem comes when things stop working.

‘What if’ your internet (or connection) goes down?  This could be due to a provider issue, a router, a switch, a cable in or outside the business, or construction cutting wires.  The thing is it happens.  If you are using the cloud, what happens to your business ability to enter transactions?  There is always a point of failure which at some point will stop applications.

ProphetLine POS Software has a local database on a terminal in your business.  If your internet goes down, it could stop functions which rely on it such as credit card processing, but it does not stop you from assisting your customers.  In this case, the only point of failure will be the terminal with the data.  If this computer ‘dies’, ProphetLine will stop working.  Since your data is kept local, however, we can help you move the data to another terminal and have you back up and running in very little time.  You are in control of the time frame, not some outside force telling you ‘we are working on it’.

The other ‘draw’ of ‘the cloud’ is real-time data.  When I am asked about real-time data, my first question is usually what do you need to have in real-time?  Reports?  Inventory counts?  ProphetLine can sync data in user defined time increments.  This could be every 5 minutes to once a day, but most people find they only really need data certain times during the day not in real-time.

This can be had with ProphetLine.  But even then, if the quantity on-hand is an hour old, does it matter?  If you show 1 on-hand at another location in real-time or with it being data that is an hour old what are you going to do?  You will most likely call the other location, verify the quantity and have them hold the item for the customer.  Real-time is still not needed.

 

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