Perpule launches new omni-channel POS solution
By Retail4Growth Team | February 14, 2019
The new billing solution UltraPOS is expected to enable offline stores reduce billing counter size by up to 40% and help increase sales and revenue through an AI/data-driven approach to dynamic offers, cross-sell and upsell.
Perpule, an omni-channel retail-tech company and India’s first self-checkout enabler, announced the launch of its next-gen Point of Sale (POS) billing solution called UltraPOS. Perpule’s UltraPOS is a platform independent, form factor independent POS billing system which can enable anytime, anywhere billing. It is a cloud-based SaaS product which eliminates the need for bulky servers and computers in the store.
According to the company statement, UltraPOS will enable offline stores to reduce billing counter size by up to 40% and help increase sales and revenue through an AI/data-driven approach to dynamic offers, cross-sell and upsell. It is currently being used by retail brands such as Vishal Mega Mart, Big Bazaar, Foodhall and many more.
The company said that Perpule UltraPOS comes with in-built features such as analytics, inventory and staff management tools and helps retailers update product prices, stocks, offers, etc. consistently across platforms. The cloud-based solution seamlessly operates in online as well as offline modes. The solution perceivably gives omni-channel players a platform to manage order and inventory for both e-commerce as well in-store sales from the store itself. The UltraPOS solution can work with any device such as handhelds, mobile, desktop and tablets. It allows cashiers to scan barcodes, generate receipts and accept payments without any hassle. Retailers can also opt for the accompanying hardware (a handheld device) at no additional cost and a flexible monthly rental fee. Besides, they can opt UltraPOS for their existing infrastructure or try out a combination of both handheld and traditional billing modules.
The main advantage that UltraPOS offers is that it reducing the size of billing counters, allowing for more space to showcase merchandise and increase footfall. Due to the mobile nature of the device, users can save significantly on IT capex, opex and manpower costs. Retailers will be able to get more than 50% reduction in POS technology spend (eg. store server, computer, printer, scanner, EDC/payment, networking, etc) and 95% reduction in paper saved from digital receipts. Perpule also provides value-added services for retailers to increase revenue. These include bill payments, recharges and ticket bookings.
In 2016, Perpule pioneered mobile app based self-checkout and self-ordering solution for offline stores, food outlets, malls & cafeterias. The solutions help in improving customer experience by reducing queues at checkouts and making stores smarter. The company is also working with leading retailers including Big Bazaar, Vishal Mega Mart, SPAR, MORE, HyperCITY and Quick Service Restaurants (QSRs) such as KFC, etc. amongst others. The retail-tech startup was founded in October 2016 by Abhinav Pathak, Saketh BSV and Yogesh Ghaturle. In 2018, Perpule raised $4.7 million in Series A from Prime Venture Partners, Kalaari Capital and Venture Highway. The company had previously raised a seed round of $650K from Kstart, the seed fund of the Kalaari Capital, Venture Highway and Raghunandan G in 2017.