A wholly Malawian-owned ICT firm, Sata Technologies, has unveiled on the local market a Point of Sale (PoS) system which is customised with special business intelligence tools.
Dubbed the Shopkeeper, the system has attributes that enable users to generate reports, conduct data analysis and run queries with ease.
The firm is targeting small-scale business and corporate entities in all sectors of the economy—including hospitality and tourism, as well as retail traders—with the technology.
The PoS system has four components; The Hawker, Mega, Waiter and Bar Tender, where its operations are segmented based on size of the end user.
Sata Technologies Proprietor Tiyamike Paseli said the system was built to bring convenience to the market.
It comes as the country is gradually embracing the technology drive in doing business while the government and ICT experts are advocating digitalisation of the economy.
“The system enables users to keep track of sales. It automatically calculates the sum of items on unit price including sales, tax, and then updates the inventory movement, accounting receipts, sold items and current stock levels,” he said.
Paseli said the system was accepts all bank transfer references as well as mobile money payment systems on both Airtel Money and TNM Mpamba.
He said the system helps users analyse data for business-decision making.
“It also has a business intelligence feature called the digital nervous system. It takes the maximum data captured by the system to drive trends and insights to provide actionable information to aid businesses decision-making process,” Paseli said.
Sata Technologies also offers other modern business intelligence solutions including development of a digital nervous system that provides real time information necessary for evoking prompt remedial action.