Compare RICS Software vs. Sumtracker

Retail integrates a state-of-the-art POS system, seamless payment processing, intelligent product catalogs, and thorough inventory oversight to enhance inventory turnover. This elegant POS solution links your retail location to your storage area, eCommerce platform, and the immediate availability of stock from the brands you carry. With standardized product information sourced from over 125 brands, it simplifies the connection between brands, your website, and your customers. You can efficiently order in-demand products, streamline your purchasing processes, and monitor inventory performance in real-time. The concept is straightforward: provide customers with the items they desire while eliminating excess stock. However, some products inevitably remain stagnant. To avoid financial losses, focus on acquiring more of the products that appeal to your clientele. Historically, integrating systems with brands, digital interfaces, and other platforms has been a costly and complex endeavor, which has proven ineffective. Therefore, we created RICS>Retail, prioritizing connectivity as a foundational element to enhance operational efficiency and streamline processes. This innovative approach allows retailers to respond quickly to market demands, ensuring they always have the right products in stock.

Sumtracker is an inventory management tool for e-commerce sellers. All stores receive real-time inventory updates. Inventory sync across multiple stores and channels - Multiple location support - Inventory sync per SKU (Duplicate SKU Sync for updating inventory of multiple products on Shopify using a single product) - Remove selected products from inventory sync - Prevent stock shortages and overselling Inventory for kits and bundles - Create product bundles using components - Calculate stock of bundles automatically based on components - When a bundle is purchased, the stock of components automatically decreases You can combine multiple products or make smaller packages with bulk quantities. You can make a bundle with 3 t-shirts. You can also make 100g and 10g jars from 5 kg of coffee beans. Orders - Create purchase orders, receive stock - Check physical, unfulfilled or booked stock and incoming stock