Midas

MIDAS is the complete Retail Management Solution that provides the intelligence and control to grow your business successfully.

MIDAS is a Retail Management Solution for small to medium size retail businesses whether a single store standalone till environment or a multi-store, multi-till estate.

The MIDAS solution is owned and developed by Swan and can be configured for each customer without affecting the core solution, making it suitable for a range of retail markets such as Fashion, Department Stores, Tourist Destinations, Speciality Retailers, Wholesale, Garden Centres and Charities.

Features include:

  • In-store Systems - Advanced EPoS solution with easy to use options to manage customer loyalty, multiple promotions, customer ordering, label printing, stock management and customer enquiries.
  • Buyers - The retail supply chain is managed using comprehensive Purchase Order functionality to improve buying efficiency, visibility and control.
  • Merchandising - Information and tools to maximise sales and margins, minimise sell-outs and prevent overstocking, by ensuring effective stock levels are maintained throughout the branches and warehouses.
  • Warehouse & Distribution - Controls all the functions of a multi-location, multi-warehouse operation, improving the efficiency and control of stock movement and providing accurate stock visibility and communication across the business. The solution can support wireless based terminals to perform all warehouse functions with full management control.
  • Retail Management – Information collection relating to sales and replenishment cycles across the supply chain, providing a reliable platform on which to make effective operational decisions. The system uses powerful data analysis to provide essential management information
  • Customer Loyalty - Managed centrally but with real time information available at the POS or web site, allowing you to manage strong, profitable relationships with your customers by integrating customer loyalty schemes across multiple sales channels.
  • Gift Vouchers and Cards - Interfaces with external schemes or can be configured to use the customer’s own schemes which are set up and managed within MIDAS.
  • Promotion Management - Multiple promotions can be defined across the estate, with user-defined values held against any promotion.
  • Finance - Integration with accounting applications, using a flexible interface module to automatically update accounting applications with information ranging from simple sales data through to invoice matching, cash book integration and stock adjustments.
  • Budgets and Open to Buy - Flexible budgets to be defined for some or all of the major monitors used in the retail management system. Multiple budget schemes can be defined to monitor elements of the business at different periods (weeks, months etc.) and at different levels.