LENEXA, KS--(Marketwired - Jan 6, 2015) - Balance Innovations has joined the Association for Retail Technology Standards (ARTS), a community designed to help retailers and solution providers work together on the latest industry technologies and innovations.
"ARTS provides a unique community that allows both retailers and vendors to interact, exchange ideas and be creative," said Todd Shutts, senior vice president of the advanced technology group at Balance Innovations. "We're excited to be a part of that conversation and work to provide retailers with solutions that will improve their operations."
Shutts added that one of the major benefits of ARTS membership is the reduced implementation costs and common framework for retailers and vendors, like the ARTS POSLog, which offers a standard for transmission of POS data.
"We are thrilled to welcome Balance Innovations and their in-depth knowledge of the retail cash office and front end to our organization," said Tom Litchford, vice president of retail technologies at the National Retail Federation (NRF) and executive director of ARTS. "Their expertise will add tremendous value to the collaboration among our retail and vendor members."
About Balance Innovations
Balance Innovations is the leading developer of reconciliation and cash office management solutions for the retail industry. Our solutions integrate seamlessly with existing POS technologies to simplify and improve retailers' cash office management operations. Balance Innovations' premier product, VeriBalance, is an easy-to-use software solution that is helping retailers across the United States and Canada increase profitability and improve operations by reducing labor, bank fees and shrink while standardizing and enforcing best practices and corporate policies. Other products include: vbEPIX™, an electronic check processing solution; vbSecure™, an electronic-safe management product; vbScout™, a self-checkout management tool; and vbInSight™, a corporate reporting product. Customers range from independent grocers to Fortune 50 retailers. For more information, visit www.balanceinnovations.com.
