Yellowfin and ImPOS partner on POS analytics for hospitality industry

Australian point of sale (POS) solution provider ImPOS has integrated Yellowfin’s BI platform into its POS solution, to deliver reporting and analytics capabilities on transaction data for ImPOS’s clients in the hospitality industry.

By allowing clients to monitor and assess their up-to-the-minute POS data, the solution will help them to improve sales strategies, ordering and supply chain processes.

“Joining forces with Yellowfin allows us to provide the very best user experience for our clients by delivering best-of-breed POS and best-of-breed BI – with no compromises,” said Sean O’Meara, founder and managing director, ImPOS.

“Tracking and analyzing business performance is incredibly important in the hospitality industry, and we are pleased that we can help our clients do this by providing access to such a powerful and user-friendly analytics tool. Now our clients have the ability to build just about any report they need – to their liking – quickly and easily.”

According to ImPOS, these additional analytics capabilities will help clients make better operational and strategy decisions. By assessing operational data will enable ImPOS clients to develop such things as more effective stock ordering, rostering and budgeting plans to improve margins and customer services. Analysing data such as year-on-year sales and revenue will allow ImPOS clients to accurately forecast trends and develop better long-term sales strategies.

Yellowfin managing director for APAC, Martyn Reeves, said that the partnership will enable Yellowfin to develop a deeper understanding of the analytics needs of the Australian hospitality industry.