Success Stories
POS-Solution Identification, development and customization Chip and PIN devices
Customer
A unique consumer-owned business- the largest of its kind in the world. In businesses spanning from food to finance, farms to funerals, it employs 70,000 people in UK and has sales of over £7.7 bn
Existing legacy POS system had the inability to:
- Handle multiple tender types and EFT including CHIP & PIN
- Support encashment of bank cheques
- Accept barcode through scanner
- Print barcode and shelf edge label
- Handle Loyalty and Discount cards
- Sales based ordering
- Spot checking, Weekly and Daily Till Balancing and Cash Reconciliation
- Evaluation of Chip and Pin based EFT devices available in the market for client’s specific requirements
- Development of the Chip and Pin module (specific to the selected device) and its integration with the existing POS application
- Customisation of the existing POS application to allow it to handle Chip and Pin based transactions
Value Delivered
Overall annual benefit leads to minimum of £2,000,000. Benefits have been obtained in
- Transactions through multiple tender types
- Transaction processing cost
- Fraud avoidance savings
- Savings thru preventing lost transactions, overheads [stamp, envelop], staff overhead
- Savings thru Chip n Pin cards
- Charge back cost savings
- “Real Time” stock control
- SBO functionality
- Price and Product auditing
