Denver-based Impulsify has launched ImpulseBuy, an auto-replenishment program powered by its cloud-based retail-management system, ImpulsePoint. The software company specializes in simplifying retail operations to help nonretail businesses offer grab-and-go retail in their common areas.
ImpulsePoint provides cloud-based point-of-sale, inventory management and retail performance reporting to more than 1,000 commercial businesses—including hotels—that want an onsite retail store as an amenity or enhanced experience for guests and residents, but are not focused on retail as a core business.
ImpulseBuy will utilize the inventory tracking component in ImpulsePoint to automatically replenish stock levels based on real-time inventory. The system will auto-receive inventory based on quantities ordered to reduce overhead burdens for the stores who are often self-service driven and have a single property manager with many responsibilities.
Impulsify is partnering with multiple national food, beverage, sundry and gift distribution companies to deliver product to customers based off the data contained in ImpulsePoint. With auto-procurement, Impulsify anticipates the increased order frequency and higher in-stock rates on best sellers will bring significantly higher revenue results to the operator with less effort. The program will be offered on a software-as-a-service basis as an optional upgrade to the monthly ImpulsePoint subscription.