Retail SMEs are paying three times over the odds for most SaaS ERP solutions
Most retail SME businesses are finding their budgets stretched by expensive fees for Enterprise Resource Planning (ERP) software and touchpoint technology such POS, digital storefronts, and online ordering & delivery apps.
Many platforms look cheap on the surface, but hidden charges for extra features and integrations soon add up. A platform may charge you a flat subscription for POS and inventory management, but hit you with fees for e-commerce and bookkeeping integrations.
This means that you end up with multiple vendors who are not fit-for-purpose for businesses such as convenience stores and supermarkets, as they are more geared up to restaurant and food delivery services.
Additionally, some platforms employ underhand and immoral practices to increase their profits, including Uber whose business model was found to be unlawful in a recent UK high court ruling.
Others have hiked their revenue shares by more than double in just a three to four year period, in order to increase their marketing spend. This leaves stores and restaurants seriously out of pocket and forces them to pass on the cost to their customers, as well as cutting staff wages.
Fortunately, a new and exciting platform is due to be launched in December 20th 2021 that removes these barriers by unifying everything you need in one, cost-effective package.
Myda & Reliance a revolutionary new all-in-one ecosystem designed to empower SMEs & Riders.
Myda & Reliance is the perfect solution for retail stores that want to digitise quickly, easily, and cost-effectively.
The ecosystem provides free access to enterprise capabilities such as inventory, promotions, and order management, as well as connecting touchpoints such as POS, kiosks, and digital storefronts.
The revolutionary thing about the Myda and Reliance partnership is the win-win-win business model. Instead of being retained as profit, commission is redistributed within the ecosystem. In other words, merchants will pay less commission overall, delivery drivers and riders will earn more, and consumers will pay 44% less (on average).
Creating an ethical platform that benefits retailers, employees, and consumers
Myda is an ERP system with connected touchpoints. The mission of the company is to empower retail businesses rather than extort them for profit. Mr. Senthuran Sampanthar, the CEO of Myda, said the following:
“We are focused on creating a fair trading environment and we are looking forward to working with SMEs, riders, consumers, and our partners to create touchpoints that allow them to connect and transact at the lowest possible cost.”
Reliance is a ride-hailing app that mutually-beneficial platform and ecosystem. Mr. Sokun Sum, the CEO of Reliance, said the following:
“We live in a world where we want to get what we need right now. International, domestic and last mile delivery solutions are critical to deliver the convenience we demand. This is why we created the world’s first rider community and with this new ecosystem, we aim to uplift the income of riders and improve their livelihood.”
To discover how Myda & Reliance can benefit your business visit,
Download Rider App,