News

Shopventory to bring POS tools to PayPal Here

August 9, 2013

Shopventory, providers of business intelligence and inventory management for mobile point-of-sales, today announced it is bringing its suite of tools to PayPal's mobile payments solution, PayPal Here, beginning this fall.

Shopventory helps small businesses using mPOS to save time and money, and to increase sales through simple, automated inventory management and business insights, the company said in a news release.

"We've been looking for solutions to help our small business customers get a handle on managing their inventory and help provide them with deep actionable insights about their businesses," said Carolyn Groobey, VP of global products at PayPal. "Shopventory shares our passion for bringing simple but powerful solutions to small business owners to help them sell more."

Benefits and features include:

• seamless integration with PayPal Here right out of the box to give merchants in-depth information and help them manage their business;
• sales monitoring and automatic deduction of appropriate quantities from inventory of items sold — no more manual recounts;
• instant access to powerful reporting and real time alerting around most up-to-date inventory; and
• automatically analyzes data generated by PayPal Here and delivers actionable insights to help merchants run and grow their business.

"We know small business owners work very hard and are extremely busy and we created Shopventory to help them be more successful," said Bach Le, CEO and co-founder of Shopventory. "We are very excited to be working closely with PayPal's engineers to bring this valuable feature set to PayPal Here and provide the best end-to-end experience for both our customers."

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