Retailers have multiple outlets, and some of them execute their business through online platforms as well. Due to the widespread; of the business across various channels and outlets, it will be challenging to manage inventory of each of them. Implementation of cloud-based POS software will help centralize the inventory of all the channels and outlets on a single platform. Furthermore, the retailers get the flexibility to use the system from anywhere at any time. Additionally, it is a cost-effective solution to manage your inventory because the vendor is responsible to maintain and upgrade the system.