As the retail landscape in Saudi Arabia continues to evolve, businesses are increasingly turning to innovative Point of Sale (POS) systems to streamline operations, enhance customer experiences, and stay competitive in a fast-paced market. Among the plethora of POS solutions available, LS Central, the best POS ERP in Saudi Arabia stands out as a comprehensive and powerful option for businesses of all sizes and industries.
Point of Sale (POS) systems play a pivotal role in the retail industry, enabling businesses to manage sales, inventory, and customer data efficiently. In Saudi Arabia, the POS market has been experiencing significant growth and transformation due to several factors:
Increasing Retail Sector: Saudi Arabia boasts a large and growing retail sector, driven by a burgeoning population, rising disposable incomes, and an increasing preference for modern shopping experiences. As a result, businesses have been seeking advanced POS systems to optimize their operations and cater to evolving customer demands.
Digital Transformation: The country has been actively promoting digital transformation initiatives across various industries. The retail sector is no exception, with businesses embracing technology to enhance efficiency and improve customer engagement. This has led to a surge in the adoption of modern POS solutions.
Government Support: The Saudi Arabian government has been actively encouraging the adoption of technology in businesses through various initiatives. These include promoting e-commerce, providing subsidies for technology adoption, and fostering an environment conducive to digital innovation.
Diverse Business Landscape: Saudi Arabia’s retail landscape is diverse, ranging from small traditional shops to large shopping malls and international retail chains. As businesses seek to improve their competitiveness and customer service, the demand for versatile and adaptable POS systems has grown.
Mobile Payment Adoption: The adoption of mobile payments and digital wallets has been on the rise in Saudi Arabia. Retailers are increasingly looking for POS solutions that can accommodate these payment methods seamlessly.
Cloud-Based Solutions: Cloud-based POS systems have gained popularity among businesses due to their flexibility, scalability, and cost-effectiveness. Saudi Arabian retailers have been exploring cloud-based solutions to streamline their operations and benefit from automatic software updates.
Emphasis on Data Security: With the increasing digitization of retail operations, data security has become a critical concern. Retailers in Saudi Arabia seek POS systems that prioritize data protection and comply with industry regulations.
Integration Capabilities: Retailers are looking for POS systems that can integrate with other business software, such as inventory management systems, customer relationship management (CRM) tools, and e-commerce platforms.
For more information about LS Central Unified POS & ERP and how Novasoft, as an LS Retail Diamond Partner, can help your business with the implementation of Microsoft Dynamics business applications, including LS Central on Dynamics 365 BC, Power Apps, Microsoft 365, and Azure
Our team of certified and experienced consultants is ready to assist retailers across UAE, KSA, USA, and India in migrating from legacy systems to modern, cloud-based POS, retail, and ERP systems. We are committed to delivering top-notch business solutions that lead to shorter project durations and improved overall quality for our valued customers.
Contact us today to discover how Novasoft can help your retail business thrive with LS Central POS and Microsoft Dynamics solutions.
Are you utilizing Microsoft Dynamics Business Central? Dealing with vendor complaints regarding withheld tax amounts? Look no further! Our Business Central Addon for Withholding Tax ensures compliance, penalty avoidance, and simplified tax computation. Accurately calculate withholding tax based on ZATCA’s rates, eliminating errors and saving valuable time.
Withholding Tax in Saudi Arabia (WHT) applies to a specific percentage of income earned by non-resident entities providing services and generating income within the country. Whether dealing with governmental, non-governmental, or semi-governmental establishments, all non-resident entities deriving Saudi Arabia-sourced income are subject to WHT. As per the Implementing Regulations of the Income Tax Law (ITL), the tax is imposed on the total amount paid to the non-resident entity, without considering expenses incurred or allowances/disallowances as deductions for such payment.
The withholding person must maintain records to demonstrate compliance with the withholding provisions, including beneficiary name, address, payment type, amount, and deductions, along with supporting documents for at least ten (10) years after payment. A monthly Withholding Tax return must be submitted by the withholding person within the first ten (10) days of the following month after making payment to the non-resident party. As per ZATCA, the withholding person, residing in KSA, must file the Withholding Tax return through its ZATCA portal. Additionally, an annual Withholding Tax return is required, due within 120 days of the year-end, and not later than 60 days for partnerships.
Novasoft is a Microsoft Gold & LS Retail Diamond Partner implementing Microsoft Dynamics business applications, LS Central on Dynamics 365 BC, Power Apps, Microsoft 365, and Azure. Novasoft helps retailers across UAE, KSA, USA & India migrates from legacy systems to intelligent cloud-based modern POS, retail, and ERP system. Our certified and experienced consultants provide best-in-class business solutions to customers, which indirectly shortens the project duration and improves quality.
Discover the LS Central Integration App for Urban Piper, directly integrating online orders into your LS Central POS. Experience streamlined restaurant operations, improved order control, reduced abandoned orders, enhanced operator efficiency, accurate data, faster delivery, and seamless management of multiple brand orders in a single store.
Stay ahead of the competition with Novasoft’s LS Central – Urban Piper Connector. Simplify integration, streamline operations, and deliver orders faster. Contact us now to learn more about this powerful connector and gain a competitive edge.
Novasoft is an LS Retail Diamond Partner implementing Microsoft Dynamics business applications, LS Central on Dynamics 365 BC, Power Apps, Microsoft 365, and Azure. Novasoft helps retailers across UAE, KSA, USA & India migrates from legacy systems to intelligent cloud-based modern POS, retail, and ERP system. Our certified and experienced consultants provide best-in-class business solutions to customers, which indirectly shortens the project duration and improves quality
With the fast-paced advancements in technology and the ever-changing business landscape, companies are often faced with the decision of whether to upgrade their existing systems to newer, more modern solutions. For organizations currently using Microsoft Navision, the question of whether to upgrade to Dynamics 365 Business Central becomes an important consideration. In this article, we explore the reasons why upgrading from Navision to Business Central may be the right move for your business.
Is your organization still running on Navision and considering an upgrade to Dynamics 365 Business Central? Look no further! Novasoft, a trusted service partner, brings extensive expertise in handling complex upgrades and seamless transitions to the latest Microsoft solutions.
Connect with Novasoft now to explore how they can empower your business with Dynamics 365 Business Central and unleash its true potential. Let Novasoft be your guide in this transformative upgrade process!
NOVASOFT, certified Microsoft Business Application partner, is pleased to announce that it has been named LS Retail Diamond Partner for 2023. The Diamond Partner level is the highest achievement for an LS Retail partner. This honor is limited to companies who displayed extraordinary dedication to the LS Retail solutions and drove unparalleled sales success during the previous year.
“Thanks to the LS Retail team for this recognition. This is our third year in a row of Diamond Level partnership awards. We are committed to offering best-in-class retail solutions to our clients, deploying Dynamics 365 & LS Retail suite of applications.”
“Congratulations to our awarded partners, who demonstrate on a daily basis that they can help retail and hospitality businesses improve operations and customer experiences,” says Kristjan Johannsson, Chief Commercial Officer of LS Retail. “We are delighted to honor NOVASOFT as LS Retail Diamond partner and we look forward to celebrating their current and future successes with them”, says Kristjan.
Novasoft is a trusted and preferred partner for business applications and IT solutions. Our expertise extends across UAE, KSA, USA, and India, delivering intelligent cloud-based solutions such as Microsoft Dynamics 365 business applications, Azure, Analytics, and more. As industry leaders, LS Central is our flagship offering for retailers, catering to various sectors like Fashion, Grocery, and F&B. We take pride in collaborating with global industry leaders on the LS Central platform, providing innovative and tailored solutions worldwide.
LS Retail, an Aptos Company, is a world-leading developer and provider of retail management software for retail, hospitality, food service, pharmacy and forecourt businesses.
Every day LS Retail software powers tens of thousands of retail stores, restaurants, pharmacies and gas stations, ranging from startups to large enterprises, in over 157 countries.
The LS Retail solutions unite within one platform ERP, Point of Sale, e-commerce, order and inventory management, CRM, advanced analytics, and more. This means our customers can run their whole business across all their sales channels with one solution. Learn more at www.lsretail.com
Powerful integration of Microsoft Dynamics 365 Business Central and LS Central with ZATCA (Zakat, Tax, and Customs Authority) compliance. By combining these robust solutions, businesses can streamline operations, simplify reporting, and ensure tax compliance in Saudi Arabia. Discover the benefits of this integration and how it can transform your business.
E-Invoicing Phase 2 of ZATCA aims to further streamline and enhance the electronic invoicing system in the Kingdom of Saudi Arabia. Building on the success of Phase 1, this next stage will introduce additional features and improvements to optimize the invoicing process for businesses and taxpayers. Expect improved efficiency, compliance, and a seamless experience as ZATCA continues its commitment to digital transformation in tax administration.
Phase 2 of ZATCA’s electronic invoicing system entails the integration phase, where eligible taxpayers must use e-invoicing solutions to connect their systems with ZATCA’s system. ZATCA’s approval of each invoice will have far-reaching effects on the entire invoice generation process, including printing, presentment, reporting, auditing, and VAT return filing. If your current e-invoicing system is not ready for Phase 2, substantial process-oriented adjustments will be required to comply with the new regulations. Prepare your business now for a seamless transition and stay ahead in the digital invoicing landscape.
Novasoft’s ready-to-use apps for Microsoft Dynamics business applications enable seamless integration with Microsoft Dynamics NAV, Microsoft Dynamics Business Central, LS NAV, and LS Central applications.
These apps offer a range of functionalities to ensure compliance with ZATCA regulations, specifically related to Simplified and Standard invoice automation. The key features include:
Device Registration: The apps facilitate easy registration of devices required for electronic invoicing.
ZATCA XML Integrations: Ensure smooth integration with ZATCA’s XML format for electronic invoicing.
Invoice Generation in PDF/A-3 Format: Generate and store invoices in the PDF/A-3 format, meeting ZATCA’s compliance standards.
Reports and Dashboards for Reconciliation: Access comprehensive reports and dashboards for seamless reconciliation of electronic invoices.
Archival of E-Invoices: Efficiently archive e-invoices for easy retrieval and compliance purposes.
With Novasoft’s apps, businesses can effortlessly adhere to ZATCA’s e-invoicing requirements, enhancing operational efficiency and ensuring compliance with ease.
Novasoft is a leading Microsoft and LS Retail partner, offering a comprehensive range of solutions and services tailored to its clients’ unique requirements. Specializing in Microsoft Dynamics 365 and LS Retail, the company delivers end-to-end solutions, ensuring seamless business processes.
With a team of certified professionals skilled in various Dynamics 365 modules and LS Retail, Novasoft offers implementation, customization, and support services. Their expertise spans Dynamics 365 Business Central, Finance and Supply Chain Management, Sales and Customer Service, and LS Retail.
Having served clients across diverse industries – retail, hospitality, manufacturing, healthcare, and government – Novasoft has helped streamline operations and enhance customer engagement using Dynamics 365 and LS Retail.
Alongside implementation and customization, Novasoft provides training and support services, enabling clients to optimize their Dynamics 365 and LS Retail solutions.
Recognized for their excellence, Novasoft has received accolades and awards from Microsoft and LS Retail, reflecting their commitment to delivering top-notch solutions and services to clients.
