LTS Develops a Centralized Voucher Management System for a Top Retail Brand

Home Press Release LTS Develops a Centralized Voucher Management System for a Top Retail Brand

LTS’s product engineering department has developed a yet another innovative solution for a mega retail brand. In a scenario where many retailers are struggling to virtually manage their business, particularly manage their voucher redemption process; LTS’s cloud based coupon management system seeks to simplify, integrate and monitor the voucher management process for retail industry.

Our client being a leading manufacturing company with its retail branches spread across many nations faced a common problem of keeping a check on all its vouchers as well as managing fraud and duplicate entries of coupons. With such an extensive network, tracking down on a one-to-one basis globally was a massive hurdle. To abridge all the stumbling blocks, LTS came up with a novel centralized coupon management system to cut down risks, prevent duplication of coupon codes and ensure more accurate & quicker clearing.

The challenges while developing this pioneering concept were many. The retail industry is a huge vertical with complex functioning. Inefficiency in tracking down on a product’s exact barcode can result in huge losses of revenue and the number keeps multiplying with each franchise. LTS’s inventive R&D center had to understand the minute nuances to develop a tracking system of this magnum opus. The working of this system is simple and aptly reduces complexity through a centralized control for multi-store retailers. It’s an end-to-end process management backed by an online validation system that prevents re use and cases of scam. It’s a complete one stop solution for retail giants who face similar problems in managing their retail operations.

This powerful coupon management system automates POS processes, stores operations and provides centralized control for multi-store retailers. LTS’s on cloud validation system is built on the proven .net platform that adapts to meet unique and changing retail needs. The coupon data pool also guarantees to track & report coupon campaigns, saving manufacturers’ & retailers’ time, money and effort by eliminating complicated manual processes, inaccurate data, fraud and ongoing difficulties with clearing.

This advanced management of retail operations enables:
• Serial Number Tracking
• Commission Tracking
• Reduction of complexity through a central pool
• Better decision making through up to the minute information
• Overall view of retail business at any minute in time
• Complete online monitoring
• End-to-end process management