Selected Tag: HME retail

Express Retail – Receipt & Report

July 13th, 2010
Web Edition Express Retail Sales

Fast retail transactions only make sense if they’re accurate. Throughout this series of posts, we’ve selected an existing customer, identified the products to be purchased, automatically assessed sales tax, and split the customer’s payment methods.

Once the leftover amount is $0.00 (either due to handing change to the customer or splitting the entire payment among various transaction types), Web Edition HME software displays a Checkout button. The Checkout button will not display until Change Due equals $0.00.

Web Edition automatically opens a new browser tab displaying the retail receipt. Here’s an example of a standard receipt, although you can customize a receipt to your specifications.

Since the receipt displays in your Web browser as a PDF, you can print it anywhere you want, including a 3-inch receipt printer. If your customer ever needs another printed receipt, you can easily accommodate. The duplicate will clearly display “Reprint Receipt” to signify that it isn’t the original.

At the end of each retail shift or the close of your business day, you can easily generate a Daily Cash Sales report to balance each cash drawer at each location and reconcile your bank deposit. You can view a quick sample featuring a single transaction.

Retail is included with your Web Edition HME software so you can easily tap into that revenue stream. Contact me or watch our quick video to learn more about how our express retail flow can help your HME business.

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Express Retail – Checkout

July 7th, 2010
Web Edition Express Retail Sales

Let’s continue our discussion of fast retail transactions. Now that we know who our customer is and we’ve identified the products to be purchased, we can proceed to the checkout.

Using our intuitive Web Edition HME software, click Add Order at the bottom of the page to display the Checkout page. Determine whether the customer wishes to pay by cash, check or credit/debit card.

If you select Cash, type the tendered amount. Web Edition automatically calculates change to be returned to the customer.

If you accept personal checks, select Check. The page dynamically changes to allow you to type the check number. Credit and debit cards work the same way.

Has a customer ever asked to split a payment? "I only have $20 in cash. May I write a check for the remainder?"

Fortunately, you can mix and match any combination of payment methods in Web Edition. All transaction details conveniently print onto your retail receipt and tally correctly in your daily cash sales report.

That’s where we’ll pick up next time: printing your retail receipt and your daily cash sales report. Meanwhile, watch our quick video displaying the retail flow.

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Express Retail – The Products

June 4th, 2010
Web Edition Express Retail Sales

Let’s continue our discussion of fast retail transactions. Now that we know who our customer is, we can identify the products that our customer plans to purchase.

You can select the line items for your retail transaction in two ways using our Web Edition HME software:

  • you can click the Product smart lookup; or,
  • you can use a USB bar code scanner to record the universal product code (UPC) or a custom bar code label, which you can print through Web Edition.

We recommend the scanner to maintain speed and accuracy in a high volume retail environment; otherwise, the Product smart lookup will suffice. You can decide which will be better for your business since you can use either method at any time.

Once you select a line item, you may override the product description, retail price and tax amounts. Web Edition automatically calculates sales tax for up to five tax authorities to account for any state and local combination for each line item.

Continue to add and change line items as needed. All products display in a list with running totals until you’re ready to check out.

That’s where we’ll leave it for now. We’ll cover the express retail sales check out process next time.

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Express Retail – The Customer

June 4th, 2010
Web Edition Express Retail Sales

The whole idea of retail screams, "Fast!" And since many HME providers have recently focused more on retail potential, let’s see how efficient your retail operation can be.

To examine the process, however, we actually need to slow it down, so we’ll use a series of posts and keep them in brief, digestible fashion.

Let’s begin with the most important part of the transaction: the customer.

Using our Web Edition HME software as an example, a customer named "Cash, Sale" defaults when you open the Cash Register page. Even if it’s a one-time customer, you still need to account for the revenue generated and the cash balance in the drawer.

Chances are great, however, that you will want to know who your retail customer is. That’s why you should be able to quickly select an existing customer (by name — even first name — or by telephone number) and add a new customer’s basic demographics.

With that precious data at your fingertips, you can:

  • always know who (and what demographic) is buying what products;
  • have a history of each customer’s purchases at your fingertips; and,
  • market to each of those segments (by Zip Code, product, product category, birthday, etc.) to promote additional retail sales.

Send them your newsletter, Email healthy tips, mail birthday cards with a limited time retail discount as your gift. Now, you’re building relationships with your customers.

We’ll continue with more on express retail sales next time.

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Retail in HME

March 11th, 2009
Compared to third-party orders, waiting for CMNs, delivery, and payers setting your reimbursement rates, retail is a breeze. You (and the market) set the rates, you get paid right away, and the customer walks away with new purchases in hand.

One of our HME software clients in New Jersey prides itself in its retail operation, which composes the majority of its overall revenue. Why shouldn’t you take advantage of these efficiencies, too?

If you already offer retail items, have you considered how inviting your retail environment may be for your customers? What about your retail assistants? Are they familiar with the various products you offer?

At least one independent resource can provide you with practical retail ideas, and he has the track record to back up those ideas. Mike Tracey is a 30+ year HME veteran and advocate, including experience with multiple start-ups and designing more than a half dozen brand new HME locations.

Mike also expanded a number of HME businesses while using our HME software. You can learn more about Mike’s accomplishments on his site.

Mike plans to guest blog here on retail and a number of other HME-related topics. I look forward to his input.
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