Retail Solutions inDepth Report

Used with permission from Pensmore

System solutions for retailers keeping pace with industry’s rapid evolution

Businesses that sell products to the public via brick-and-mortar storefronts or the Internet represent a substantial client segment for many accounting professionals. High on retailers’ roster of pain points: streamlining and integrating payment and order processing, inventory management and accounting systems. The need to up- grade their systems becomes particularly urgent as new locations, sales channels and front-end system hardware (e.g. tablets) are incorporated into their business models.

This can also be an equally significant hassle for outside accounting professionals left to cope with disjointed systems. “I don’t think many people got into business because they loved manual data entry and importing and exporting data between systems,” says Jeff White, Founder & CEO, Pensmore, whose “Lightning Payments” products integrate with QuickBooks products.

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