What is Ricochet?
Ricochet offers specialized software solutions designed specifically for consignment stores to streamline their operations. The platform provides tools for managing point of sale transactions across multiple devices, handling consigned and retail inventory with commission tracking, and generating detailed sales reports that integrate with accounting software like QuickBooks.
The system includes features for managing consignor and customer accounts through the Ricochet GO™ app, enabling online sales through integrated webstores or Shopify, and facilitating payouts through various methods including direct deposit. Hardware compatibility with iPad, Mac, and PC devices allows stores to build customized checkout and inventory stations according to their specific workflow requirements.
Features
- Point of Sale: Run sales from PC, Mac, and iPad with discounting, rewards programs, and receipt options
- Inventory Management: Track consigned, resale, and retail inventory with commission splits, categories, and label printing
- Reporting: View sales trends and margins with dashboard reporting and QuickBooks integration
- Accounts: Manage consignor and customer accounts with Ricochet GO™ app access for inventory addition and notifications
- Online Sales: Sell through Ricochet webstore or Shopify integration with in-app sales alerts
- Payouts: Process consignor payments through notifications, checks, store credit, or direct deposit via Ricochet ACH
Use Cases
- Managing consignment store operations
- Tracking consigned inventory and commission splits
- Processing point of sale transactions across multiple devices
- Generating sales reports and financial analysis
- Managing consignor accounts and payout processing
- Selling items online through integrated ecommerce platforms
- Integrating sales data with accounting software
