Industry

Retail Analytics Solutions

Upgrade from guesswork and intuition to business intelligence and effective insight.

The retail industry is evolving at a rapid pace, and business owners often struggle to keep up with changes in industry trends and customer demands. Even so, many retail businesses squander the power of the data they already have and lose the tremendous advantages that come with it. By adopting data analytics, retail business owners can keep up with a dynamic landscape and enjoy the added benefits of automated cash replenishment, real-time cash reconciliation, predictive analytics and more.

Retail business owners are often so consumed by day-to-day operations that they have little time or energy left for the strategic decisions that could improve performance and grow the business. Site Lantern’s retail analytics reports help owners upgrade from guesswork and intuition to business intelligence and effective insight. Our solutions condense vast quantities of data and draw out the crucial insights, freeing you to focus on the operations that need your undivided attention.

Real-time cash reporting is another demanding exercise that comes with retail management. Site Lantern’s Cash Automation feature is designed to eliminate the limitations of manual cash management: it reduces the cost of managing cash, saves the time your stores spend on it, and lets that time go towards converting store traffic instead.

Real-time cash reporting

By denomination, terminal, cashier, work unit, store, region or location.

Automated replenishment

Working with your CIT and banking providers.

Single interface

Every store, region and department in one place.

What we can do for you

Cash drawer with banknotes

Optimise cash levels

  • Real-time cash reporting by denomination, terminal, cashier, work unit, store, region and location
  • Cash automation in conjunction with your CIT (Cash in Transit) and/or banking providers
  • Provisional cash deposits
  • Automated cash replenishment in conjunction with your CIT providers
  • Real-time cash reconciliation (expected cashier deposits vs actual deposits)
  • POS reconciliation
  • Reduced cash leakage
Retail store shelves

Optimise product placement

  • IoT feeds
  • Camera feeds
  • Foot traffic (hotspots)
Stocked supermarket shelf

Optimise shelf space

Understand which products earn their shelf space using sales and traffic data from across your stores.

Shop staff at the counter

Optimise rostering and staff levels

  • People counting
  • Transaction reporting
  • Checkout queue length monitoring
Point-of-sale terminal

Optimise product range

Combine sales, category and supplier data to see which lines to grow and which to retire.

Petty cash and receipts

Manage your petty cash

  • Integrate with existing systems
  • QR-code-based cash redemption and deposits with full traceability and reporting
Systems integration diagram on a screen

Integrate with other systems and automate

  • Integrate with payroll for easy cash payments to staff
  • Integrate with your accounting system for easy supplier cash payments and tracking
  • Integrate multiple systems for easy reconciliation of daily banking and other reporting requirements
Person viewing reports on a laptop

Manage multiple stores from a single interface

  • Detailed reports on your device, at home, at head office or anywhere with an internet connection
  • Report by store, by region and by department

Have a problem that needs to be solved?

Get in touch and we will help you unshackle your business with Site Lantern. It’s no ordinary analytics platform.

Contact us