Retail Technology Group Named 2019 Top 10 Retail POS Provider
SAUK RAPIDS, Minn., Jan. 10, 2019 /PRNewswire/ — Retail Technology Group, the leading provider of shooting sports industry retail software applications announced today that AXIS, its flagship Point of Sale (POS) and Range Management software was named a Retail CIO Outlook winner in the Top 10 Retail POS Solutions Providers for 2019. Retail Technology Group is the only POS software company in the Shooting Sports Industry to be added to this year’s Top 10 list.
Retail CIO Outlook is a platform which allows high-level executives across industries to share their insights. To aid CTOs, CIOs and CEOs in this regard, a distinguished selection panel including CEOs, CIOs, VCs, industry analysts and the Retail CIO Outlook’s editorial board to select a list of POS providers that exhibit innovative technologies. Selection criteria includes software attributes such as inventory management, customer loyalty, regulatory compliance, eCommerce integration and credit card processing capability. The full list of 2019 Top 10 Retail POS Providers will be published and made available online in February.
Retail CIO Outlook writes the following about the Retail Technology Group, its gun store POS software and dedication to the shooting sports.
“Not unlike any retail business, gun stores must continuously improve their inventory management, marketing, and sales processes to maintain profits and grow sales. However, for those operating in the shooting sports industry, additional accommodations must be made to address the complex regulatory requirements imposed at the state and federal levels. For firearms retail and shooting range operators, the prospect of improving processes by modernizing their retail management system has proven to be challenging until now. Retail Technology Group (RTG) has earned its place amongst this year’s Top 10 POS Solution Providers by creating a retail management system that is uniquely industry-specific yet capable of driving shooting sports retailers into the next decade.
Most POS solutions offered to shooting sports retailers are not industry specific. Large software companies can dilute focus by serving multiple industries, yielding a product that requires workarounds and a support team with little understanding into the daily operations of a gun store or range. This condition gave RTG the opportunity to establish its footprints in the shooting sports retail landscape by providing the industry with the most comprehensive POS solution available in the market today.
“In 2018 we purchased RTG and its flagship Point of Sale, AXIS, because of its leading retail management capabilities and its strong adoption in the shooting sports industry,” said Jon Rydberg, CEO of RTG and sister firm Orchid Advisors. “We attribute the high percentage of use among leading firearms retailers to our industry dedication. Rather than being generalists, our implementation and support teams, as well as the application itself, are specifically designed for retail and range management operators.”
Realizing this market void, RTG designed its flagship solution, the AXIS Retail Management System (AXIS RMS), to provide the shooting sports retailer and range operator the best, purpose-built POS software to address their unique set of requirements. In fact, over 62% of indoor shooting ranges that have achieved the coveted National Shooting Sports Foundation (NSSF) 5-Star rating use RTG applications.
The customer-focused approach of RTG makes it unique and contributes to the track record of success for many retailers and range operators. While most of the software organizations seemingly “airdrop” their solutions into a client’s business, RTG engages with new users in all phases of software on-boarding. Contrary to cliché training denominations by its competitors, RTG leads their clients to gain expertise in the software through their one-on-one training process.
Once installed, RTG on-premise and cloud-based software integrate several features which provide store owners the omni-channel business tools necessary to complete in today’s retail environment, such as, vendor catalogues, live distributor inventory feeds, automatic replenishment, eCommerce, accounting, multi-store dynamic reporting, ATF compliance, serialization scanning, customer relationship management (CRM) and shooting range management. The solution set provides greater flexibilities by enabling retailers with API-based plug and play capabilities to applications such as QuickBooks and processing capabilities on a mobile device, tablet or other common hardware.
The AXIS RMS automated inventory management capabilities provide clients access to entire vendor catalogs of all the top players in the industry. Leveraging this powerful information saves store operators valuable time and money by creating complete product descriptions which may be used in-store or online via an integrated e-commerce platform. Upon hitting a min-max inventory level, AXIS RMS automatically places purchases orders from a prioritized list of vendors.
From a firearms compliance perspective, AXIS RMS platform integrates inventory and sale transactions with federally required record keeping and forms, referred to as the Bound Book and e4473. Retail operations satisfy their operational and regulatory objectives without duplicating data entry. RTG has gone so far as to make available direct integration with FBI background check databases and permit, with government approval, the electronic filing of regulatory forms.
With the vision to help the shooting sports retailer, RTG and its sister companies at Gearfire, Gearfire Payments and Orchid Advisors offer an industry-specific, end-to-end solution that includes POS Retail/Range software, eCommerce, merchant processing and regulatory compliance. Together these entities, owned by the same parent, serve more the 2,300 of the industry’s retail and range operators. These solutions makes it feasible for clients to easily take a massive leap forward in POS, retail, and compliance modernization.
About Retail Technology Group
The Minnesota based company, Retail Technology Group, is home to the development and support of AXIS™ Retail Management System, the first software solution developed exclusively to address the needs of the shooting sports retail and range operator. With over 400 locations using RTG systems, Retail Technology Group is the leading software provider in the shooting sports industry. Learn more at www.axisrms.com
Gearfire is a leading provider of eCommerce products and services for the firearms industry in the United States. Their turn-key solutions create an internet-based marketplace that captivates a new generation of customers accustomed to shopping online. Gearfire provides powerful and comprehensive digital tools that allow manufacturers, distributors and retailers to better serve their online consumers through access to the largest selection of firearms and firearms accessories available. Learn more about Gearfire by visiting gogearfire.com
About Orchid Advisors
Orchid Advisors provides ATF and ITAR compliance services to manufacturing, distribution, and retail FFLs. The firm offers FFL and export licensing, deep record inspections, e4473 / NFA eForms, Electronic Bound Book software and delivers the largest online ATF and ITAR compliance training platform available. For additional information, visit www.OrchidAdvisors.com
About Gearfire Payments
Gearfire Payments provides simplified and affordable merchant processing solutions for in-store and eCommerce transactions. With Over 2,000 active merchants, Gearfire Payments is one of the only processing solutions dedicated to the Shooting Sports Industry. Unique to the business is its firearm friendly and transparent pricing platform, offering a low-cost, low-risk solution to those who sell at retail or on the web. Learn more at www.gearfirepayments.com
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