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GK Software, the international market leader for store solutions, today announced the completion of Custom Data Processing Inc.’s (CDP) certification for online eWIC payments. This will help retailers, including Smart & Final, provide faster, more convenient and secure online eWIC payment processes.
After Oct. 1, 2020, The Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) will require retailers to provide electronic access to benefits. Called eWIC, the program served nearly seven million participants per month in 2018. The electronic mandate is designed to modernize and remove friction from the checkout process and eliminate paper certificates. As the program transitions to electronic payments, vendors are able to simplify the process, driving efficiency for both retailers and users.
The eWIC certification recognizes that GK Software’s Integrated ECR System is capable of managing payments through one unified processor, making transactions at the point of sale faster and easier to operate. With online eWIC, the transaction is completed in real time through the POS terminal and WIC Authority network processor.
“As retailers look to update their payments to comply with eWIC regulations, this is the perfect time to evaluate their current features to ensure their infrastructure is future-proof across the enterprise,” said Michael Jaszczyk, CEO, GK Software USA. “This is the latest example of the need for retailers to regularly evaluate how they can improve the customer experience and drive loyalty through technology and use platforms that deliver high levels of business agility and scalability.”
GK Software’s online eWIC certification with CDP includes the following states: AK, AZ, CA, CO, DE, FL, HI, IA, ID, KS, KY, MA, MN, NE, NV, OR, SD, WA, WI, WV.
GK Software will be demonstrating this enormous flexibility and the expansion opportunities, which the world’s leading cloud platform, cloud4retail, offers in conjunction with artificial intelligence, at the EuroShop retail trade fair on booth G42 in hall 6. cloud4retail brings together the leading solutions for large retailers with international operations through its OmniPOS, Mobile Consumer Assistant and AIR (Artificial Intelligence for Retail) components. cloud4retail provides essential services like a shopping basket, price calculations or loyalty & promotions, within its open platform. It is possible to supplement the overall solution with additional functions directly from the OmniPOS standard software or as micro-services, which are simple and quick to implement and can come from a variety of different sources. The open platform enables retailers to test new concepts very quickly by using various enhancement opportunities – ranging from APIs to HTML-based app enablement – without having to change the software core in the process. This means that innovative solutions for item detection with the help of cameras or even intelligent shelves can be integrated quickly and tested in practice, for example. The classic cashier-operated checkout plays less and less of a role in these scenarios, but all the checkout functions still have to be made available as a top-quality service. Whether you need a frictionless store, self-scanning with smartphones or mobile applications on each possible device – the cloud4retail platform integrates all the touch points in an all-embracing, end-to-end IT concept.
GK is inviting programmers to a hackathon at the EuroShop fair to demonstrate its product; this will enable users to test how easy it is to develop new functions on the basis of the cloud4retail platform. One example of how to quickly introduce new concepts will be a fashion pop-up store on the GK booth; this will demonstrate how innovative concepts can be quickly handled by open services architecture in order to inspire customers as well as seamlessly network all the channels and formats.
The issue of cloud services is one of the most important items on the agenda for the retail sector. cloud4retail has already been fully designed for use in a cloud and SAP is already selling it. GK Software will be presenting the new cloud services at the EuroShop fair; as a result of them, it is even possible for very large, international organisations to use the OmniPOS leading enterprise solution in a cloud. All the options, ranging from private to hybrid and even a multi-tenant cloud, are feasible here in order to satisfy what retailers of different sizes require.
Another major issue at the EuroShop fair will be the topic of artificial intelligence. The major focus will be on consistent, individualised services for all the channels as well as automated, dynamic pricing on the basis of machine learning. Artificial intelligence forms an integral part of cloud4retail on the basis of AIR platform (the Artificial Intelligence for Retail). AIR makes available the tools and additional means for specific solutions to meet precise retail requirements like dynamic pricing or personalisation.
GK Software SE will also be presenting the latest version of its mobile merchandise management solution at the EuroShop fair. It provides all the merchandise management processes in a store directly out of a cloud on an extremely modern technological basis; this is available as an end-to-end service, online and offline, on different mobile devices and with a direct link to the central systems.
Another major topic this year will be the issue of fiscalisation. Deutsche Fiskal, a subsidiary of GK Software, will be presenting its Fiskal Cloud solution on the GK booth; it enables retailers to meet the challenges of the German “Kassensicherungsverordnung” (Cash Register Security rules) by using a low-cost and future-proof cloud solution.
GK Software today announced a technology partnership with Kronos Incorporated to embed the next-generation Workforce Dimensions suite into GK’s OmniPOS platform. This partnership enables frontline retail employees to access the revolutionary workforce management solution from Kronos at every point of sale terminal and all GK OmniPOS touchpoints. This intuitive, frictionless interface establishes a more flexible and productive workplace environment that empowers employees and promotes more efficient and profitable store operations at organizations that deploy both solutions.
GK Software's cloud-enabled, agile OmniPOS platform has been identified as the most robust POS platform by Forrester and is one of the fastest-growing POS platforms worldwide. Workforce Dimensions is the first intelligent workforce management solution. The cloud-native suite leverages artificial intelligence to provide unprecedented real-time insights, recommendations, and analytics.
“By partnering with the established leader in workforce management applications for hourly employees, we are creating a unique opportunity for retailers to leverage a single, centralized platform to manage the full scope of their store operations,” said Michael Jaszczyk, CEO, GK Software USA. “Our focus on eliminating the friction associated with the checkout process perfectly aligns with the Kronos ethos of doing the same for workforce empowerment. Together, we can offer the most robust, simplified experience for store managers, associates and customers – a requirement for success in modern retail.”
The integration of Workforce Dimensions into GK’s robust, cloud-enabled OmniPOS platform will allow employees to significantly reduce the time and complexity associated with managing administrative workforce processes. Now, they will have the ability to clock in and out, view their schedules, request and accept shift changes, manage time off and more, right at the point of sale. This increased flexibility will improve store efficiency, reduce administrative work, support real-time data-driven workforce optimization and improve the employee experience.
“Our technology partnership with GK is yet another example of the new era of efficiency for modern store operations,” said Michael May, senior director, Workforce Dimensions Technology Partner Network, Kronos. “We designed Workforce Dimensions from the ground up to easily integrate with and embed inside of workplace applications where employees already spend most of their day. This creates a more engaging workplace experience while allowing them to remain focused on customer service and driving the business forward.”
According to RBR's Global POS Software 2019 study, GK Software continued its impressive worldwide growth by improving its market position from June 2018 through June 2019. RBR found that GK Software deployed more new POS installations during that time than any other vendor within its grocery/drugstore and general merchandise target market.
The report analyzed global coverage of point of sale applications for more than 75 suppliers across six regions, and identified GK Software as the second-most popular provider for new installations across all segments globally. Additionally, GK Software ranks sixth globally for total POS installations. The study evaluated the number of POS installations at retailers with more than 1,000 POS devices from June 2018 through June 2019.
In Europe, GK Software was responsible for more new deployments than any competitor across all sectors, claiming 30 percent of all new rollouts. Counting total installations, GK Software is the definitive market leader in Central and Eastern Europe and is second in Europe as a whole.
In support of its global expansion strategy, GK Software also installed its market-leading POS solutions (The Forrester Wave™: Point Of Service, Q3 2018) in new geographies, launching rollouts for large customers with stores in the U.S., Mexico, India and the Asia-Pacific region.
RBR is a strategic research and consulting firm with three decades of experience in banking and retail automation, cards and payments. It assists its clients by providing independent advice and intelligence through published reports, consulting, newsletters and events.
Based on these developments, the Management Board still assumes that the Company will continue to increase its turnover compared to the previous year and achieve the profits forecast for the year 2019. However, it would point out that this will only be possible if individual sales successes actually materialise during the current financial year. The medium-term forecast up to 2020 is being maintained without any changes.
The nine-month report is being published at 25th of November at the following addresses:
German: https://investor.gk-software.com/de/veroeffentlichungen/financial-reports?task=download&cid=710
English: https://investor.gk-software.com/en/publications/financial-reports?task=download&cid=711
As a significant contributor to food waste, many grocers want to do better and create a more sustainable future that also improves the bottom line.
This eBook explores why and how grocers can use AI-based pricing solutions to reduce food waste while also padding margins and stimulating growth. We’ll also explain the requirements for successfully using dynamic pricing to achieve a wide variety of benefits, including:
The challenge of managing the point of sale has been made even more difficult as the convenience store is evolving into much more than a pitstop. Retailers are finding they need solutions that drive loyalty and the shopper experience, through payments at the pump, prepared foods and quick service restaurant options. In order to drive convenience, these operations can no longer be siloed. Frictionless checkout is now expected by customers, and luckily, with the latest point of sale technology, it can be achieved.
The ubiquity of mobile phones has paved the way for innovation around how consumers shop and pay for items. With mobile devices, a new level of self-service has arisen where shoppers can easily scan and pay for their items – all without having to stand in a line. In addition, associates equipped with devices can process transactions from anywhere in the store.
As convenience stores add additional services areas to their stores, like coffee stations or breakfast taco bars, mobile ordering allows shoppers to order and pay before they even set foot in a store, eliminating hesitations about wait time – and increasing sales. The use of mobile devices also bridges the digital and physical experience as retailers can leverage customer information to drive loyalty through coupons, rewards and personalized offers and messages.
Another important aspect to the point of sale and checkout process is at the pump. A single POS platform that delivers flexibility, security and speed is essential. This also provides retailers the ability to always deliver on the needs of customers on the bleeding edge of innovation – whether that’s electric charging, hydrogen vehicles, or the next invention we haven’t even imagined yet. Recently, the rise of connected vehicles - cars equipped with Internet access – has paved the way for a greater level of frictionless checkout as shoppers can order and pay from the comfort of their car. This ease of service can also help convert traditionally fuel-only customers, adding to a retailers’ bottom line. Retailers must be prepared to serve these areas, otherwise they’ll lose customers and revenue.
As consumers expect an increasingly quick and painless store visit, implementing frictionless checkout at any part of the store provides you competitive advantage over other retailers. With GK Drive, you can have access to a leading range of professional POS capabilities for end-to-end enterprise integration. Reach out to learn more.
Raleigh, NC - Oct. 2, 2019 - The retail industry is currently experiencing an enormous wave of digitalization. To ensure success, retailers require intelligent technologies that are precisely adapted to the needs of their sector. The partnership between SAP and GK Software, which has existed since 2009, has already demonstrated its importance through nearly 100 joint projects across the world. The two organizations are now expanding their partnership even further by placing a greater emphasis on the trends and innovations in the fields of cloud technologies, experience management, artificial intelligence and mobile applications for the retail sector.
Retailers will enjoy significant benefits from GK Software’s extensive and ongoing development of its cloud services for different kinds of companies and retail segments. To support this goal, they are establishing a joint Retail Excellence Center. The two companies will combine their skills and resources to develop new concepts and solutions that are tailored to the special needs of the retail industry.
“The strategic partnership with SAP has enabled us to turn our solutions into a complete service package for the retail sector,” said Rainer Gläss, CEO of GK Software SE. “By focusing on expanding our cloud services and having the joint Retail Excellence Center, we’ll be able to proactively anticipate new trends and develop solutions that are geared towards particular segments together.”
The news can also be found on SAP's website here.
Raleigh, NC – Sept. 30, 2019 – GK Software, the international market leader for store solutions, today announced the availability of its market-leading omnichannel point of sale platform, OmniPOS, available to large regional and national convenience store chains. Now offering an integrated fuel solution as part of OmniPOS, GK Software enables convenience retailers to unify in-store and at-pump retailing operations by connecting all enterprise point of sale processes through a single cloud-enabled platform. GK will demonstrate its end-to-end convenience store applications at the NACS Show 2019, taking place Oct. 1-4 in Atlanta.
“Evolving customer expectations are putting significant pressure on large convenience chains to emphasize services such as prepared foods and frictionless checkout, without regard for the complexity of updating their infrastructure to deliver them at scale,” said Michael Jaszczyk, CEO, GK Software USA. “The OmniPOS platform and its powerful solution suite allow retailers to simplify their connection of disparate systems, create streamlined store experiences and enable the evolution of the convenience store necessary to compete in a tech-driven marketplace.”
GK is able to reduce the complexity of managing point of sale processes throughout the enterprise by introducing a centrally managed, cloud-enabled platform with the scalability and agility to quickly integrate new services customers demand today and adapt to unknown future demands.
Key features of GK Software’s OmniPOS platform for convenience retailers include:
Fuel: GK’s all-in-one, EMV-compliant fuel infrastructure eliminates traditional silos between best-of-breed in-store and fuel systems. In conjunction with forecourt controllers from Allied Electronics, GK’s retail customers can connect their fueling station devices directly to the in-store retailing infrastructure. This means all loyalty, discounting and payments are managed through a single, easy-to-manage and upgrade system.
Quick Service Prepared Foods: As prepared foods continue to skyrocket in popularity and generate greater percentages of revenue and profit for convenience retailers, GK’s legacy of providing point of sale technology to QSR restaurants means it is uniquely positioned to provide powerful capabilities for prepared and fresh food transactions.
Self-Service: GK Software’s self-service solution is built with customer convenience as top priority, allowing retailers to achieve one of, if not the, most important services customers expect: speed of service. The solution allows customers to skip the traditional checkout line and manage small-volume transactions quickly and efficiently.
Frictionless Checkout: Today, loyal customers prefer the ability to skip any line when making quick trips to the store. GK is a leader in providing frictionless checkout technology through consumer mobile applications. By integrating their credit card and loyalty information in a branded app, they simply check out on their phone and are on their way.
To learn more about how GK Software’s OmniPOS platform and solution suite simplifies and integrates the convenience store ecosystem and enables premier customer experiences, visit GK in the Allied Electronics booth #3967 at NACS Show 2019. GK will showcase and provide demos of solutions including OmniPOS, Mobile POS frictionless checkout, self-service, fuel and payments solutions.
The Retail Innovators