As consumers are increasingly shopping online, you have likely felt the need (or already answered the call) and expanded your brick and mortar business to include multi- or omnichannel sales.

If you’re a business owner, at some point you’ve likely asked yourself, “What is a good inventory turnover ratio?” Indeed, it’s one of the most common and essential key performance indicators (KPIs) for businesses. For some other KPIs, check out Sekure’s recent article on the subject. This post provides an overview of inventory turnover and what makes it an important metric.

You thought you had this whole retail thing figured out — until you didn’t. In case you haven’t noticed, the retail landscape has shifted slightly since mid-March. Consumer habits have likely shifted for good.

Small business owners wear many hats and need tools that can multi-task as well as they do. With Payanywhere, they can quickly access a wealth of business insights from every aspect of their business in one central location.

Selling, tracking, and restocking your items are all part of the inventory process. Payanywhere helps merchants manage inventory in a simple and reliable way. By using Payanywhere, you can quickly access products and services, as well as streamline the sales process and provide itemized transactions on your receipts.