iQmetrix introduced their latest version of RetailiQ. It features Metrix Management, which was developed to help retailers optimize their sales strategies and develop performance indices. Chris Krywulak, CEO, says that it’s designed to assist wireless retailers as they can now measure employee performance. Managers can gauge development against key metrics and encourage “positive” behavior. This new version 3.3 of the software, promises aid in targeting growth areas and obtaining what the company calls “tangible results”. Those tangible results also refer to specific cash flow issues.
Version 3.3 improves on previous editions with new features that address shrinkage and carrier commission charge backs. The Charge Back function keeps a history of portions of carrier commissions rescinded after a sale. There are also security features such as ‘Multiple Cash Drawers’, which aids in loss management caused by theft or mishandled cash.
While software upgrades are good news to current Wireless retail stores who use RetailiQ’s POS system, they are not the ones who will spread the word around. Visit the company’s website http://www.iqmetrix.com and watch video testimonials of how the system allows retailers to save money; create unprecedented store-to-store inventory control in real-time; manage employee performance and sales - but all of these advantages are disadvantages to the retailers’ competition. And since staying ahead of competition is why they love RetailiQ, current users would rather keep quiet about their advantage. The reason the POS company has been so valuable to its customers is because its founders know exactly what wireless retailers need in efforts to manage and control business.
In 1999, RetailiQ was developed by two entrepreneurial visionaries, Chris and Greg Krywulak, who created the company from an already decade-long success in operating their own wireless retail chain. When their retail business grew, they had sought a way to manage their point of sale, and CRM initiatives, as well as their front and back operations, inventory and internal communications. However, their quest for a complete solution had ended in disappointment.
Full of innovative zeal and a burning need for a complete tool, the Krywulaks developed RetailiQ, which enhances all aspects of wireless retail business. “As we could not find a solution that did everything we wanted, we decided to build our own,” he said. As a fully integrated solution, RetailiQ manages POS, CRM, inventory, accounting, HR, marketing, intranet and e-Commerce. Chris Krywulak also informs, “time-consuming tasks - like balancing inventory or reconciling carrier commissions - are streamlined and automated within the system. Scheduling and internal communications are intuitive, facilitated by intranet capabilities.”
Today, nearly eight years later, the company is the North American leader in the wireless POS space. It is a leading provider of retail management systems for the cellular, wireless retail and telecommunications industries. Its flagship product, RetailiQ, is considered the most comprehensive and the best quality retail management solution in the industry.
Giving full credit to their collaborative approach with clients for the product’s success, Krywulak says, “We engage with our clients to create solutions for every day problems and concerns, within the realm of wireless retail.” The relationship with clients is maintained beyond development and selling of its products.
iQMetrix staff is committed to improving the grasp of RetailiQ functionality, “We guide our clients every step of the way to better execution, service delivery, and increased sales profits. We are not only selling a software product, but we are also selling a better way of doing business - a way to help people achieve their sales, customers service and operations goals.”
Find out more about RetailiQ www.iQmetrix.com