Centralized Coupon and Voucher Validation System: A Boon For Retail Industry

Home Articles Centralized Coupon and Voucher Validation System: A Boon For Retail Industry

Technology has changed the way the work gets done. The tedious and time consuming procedures have become simple and organized, thanks to the innovative systems developed by futuristic companies. The recently introduced Centralized Coupon and Voucher Validation System has become a boon for the Retail Industry. Designed by LTS, the system has simplified the work of retailers, who have several stores around the country or the globe. With the system, the retailers can create and even accept vouchers at all of the member stores around the world, rather than just the store where the voucher was originally created. The innovative system offers flexibility to the retailers in the way they manage their transactions concerning voucher creation and redemption. Even the customers are beaming as they are no longer restricted to use the voucher in their home city but can carry it any place, where the retail store is.

The cloud based coupon management system comes endowed with multiple features, offering flexibility and convenience to the retail brands across the globe. With the power of system, the retailers can now create global voucher code. The first and foremost benefit is the creation and acceptance of vouchers at any store at any city or country. This system uses the assistance of the manager stationed at headquarter of the retail store for transferring the vouchers. This minimizes loopholes to a great extent, making it uncomplicated for the customers too. It is easy and simple for headquarters to find the balance of the voucher at the POS or point of sale. The system can easily ascertain the global voucher code. The system gives immense ease to the coupon creator, making the task simpler and effortless. Created by the product engineering team at the LTS, the system is being counted as one of the most innovative solutions for the retail industry.

Before the system was invented, the retailers had to struggle to manage the vouchers. They easily generated them but it used to get troublesome to manage them. The entire voucher redemption process used to be a tedious one, where managers strives to keep a track of the generated vouchers. The coupon management system has simplified the process for the managers in the retail industry. The system of managing vouchers is centralized and it helps integrate the entire process. The managers need not monitor the generated coupons; instead the system does that work for them. The retail industry is surprised to see their work simplified. The managers in the industry are amazed to know about the system. For the uninitiated, the system is based on the coupon code software, which is developed by LTS, especially for the retail industry.

A few years back the system of managing coupons and vouchers was not so complicated. This was because retailers did not have many branches or branches spread across the globe. However, times have changed. The retail brands are spreading their wings to countries around the world to tap the customers. The strategy of going global had an ill effect on the voucher management, as it was getting difficult to keep a check on the vouchers while managing the fraud and duplicate coupon entries. The coupon management system automates the entire process of voucher generation and redemption, minimizing or almost negating the fraud associated with the same. Going by the sheer number of branches, the manual tracking is next to impossible task. Hence, the introduction of centralized system is no less than a boon. The coupon management software bridges the gap between the generation and redemption very effectively, relieving the manager of this task.

The centralized coupon management and voucher validation system is a very efficient end-to-end process management, which is supported by online. This prevents the reuse of coupons, which is a common phenomenon. This system even keeps a track of serial numbers, commissions, etc. while helping management to take better decisions. The Centralized System will certainly help the management to focus on more important matters.