How Can TallySoft Improve My Bottom Line?

The beauty of the TallySales™ Management System is that it will pay for itself by increasing sales, reducing costs, and improving cash flow.

Increasing Sales

• Improved customer tracking and target marketing helps bring customers into the store to buy more products, more often.
• Sales staff effectiveness tracking helps you identify your best performers and quantify their strengths and weaknesses.  You can create reward programs that improve their sales in areas that impact your profitability.  Reports quantify what bringing lower performers up to "average" would have on your sales and profitability.  These "bang for the buck" measurements target individual employees and areas to teach them better sales techniques.
• More efficient cash register operation means that you can process more customers per hour.  This is especially important during rush periods.
• The package feature permits you to flexibly bundle related products together and provide an easy avenue to sell up.
• Improved buying decisions in the back office means that you direct your inventory purchases to the right quantity of products that will sell at full price.  Nothing improves sales like having the products that your customers want on your shelves.
• Conversely, having your shelf space tied up by unpopular products hinders sales.  TallySales identifies the slow movers to enable you to create strategies that move those products out of the store, making room for better products.
• TallySales provides the framework to implement programs to enhance sales that otherwise could not be implemented because of the bookkeeping overhead.  These include layaway programs, special orders, and customer appreciate programs.
• Finally, customer perception is also important.  The TallySales system tells your customers that you are a well run efficient business that makes their shopping experience better.
  

Reducing Costs

• Improved buying decisions means that you only buy what sells.  You don't get stuck with products that you have to sell at cost to get them out the door.
• Better understanding of your customers increases the effectiveness of your advertising budget, resulting in more "bang for your buck."
• Identifying your best sales personnel helps you concentrate your training efforts on motivating those sales persons you have identified as your best sales persons and training your intermediate performers, thus lower performers.
• TallySales tracks inventory from start to finish, and maintains a paper trail of each individual involved.  This alone reduces shrinkage considerably just because employees know that the information is being tracked.  If shrinkage continues to be a problem, TallySales helps target the source of the problem so that dishonest employees can be identified.

Improving Cash Flow

• Inventory that people don't want ties up valuable cash.  The key is to buy the right quantity of the right products at the right time.  TallySales provides the information you need to make those buying decisions.
• TallySales tracks your sales and provides reorder points.  That way you never run out of your most important products, nor do you keep too many on hand.
• Conversely, TallySales also identifies slow moving products.  You get to make decisions about giving sales spiffs, reducing prices, improving merchandising, or other promotions in order to improve your sell through.
• TallySales tracks customer accounts and layaways to ensure that your customers are making appropriate progress on paying them off.  TallySales can also add finance charges to customer accounts on a monthly or quarterly basis.

Credit Card Processing

Perhaps the most easily measured impact on your bottom line is the savings that TallySales provides through our exclusive credit card processing agreement with a national credit card processing company.  If you utilize the TallySales on-line credit card processing and utilize its Merchant Services for your processing, you will receive our special group rate.  The amount varies based on your specific profile.  However, we should be able to reduce your processing fees by 5% or in most cases more.  Some of our customers will save more than $20,000 per year from this alone.