Nowadays, the business world is arguably dominated by administration and bureaucracy at virtually every level with even market traders and pitches and stall holders being required to complete a large amount of documentation and administration tasks. It is therefore fortunate that several software companies are in existence that provides software solutions for markets, such as the supply of specialist data collection instruments which can be hand held and even systems which can be uploaded to mobile phones. Such software solutions (being hand held) allow market traders as well as market managers to instantly input data rather than record it in paper format to be uploaded at a later time, thereby running the risk of being accidentally entered incorrectly due to human error.
such software solutions for markets in their portable form have several features which allow the users (whether market managers or market traders and pitch holders) to perform a wide variety of tasks such as the collection of money; the printing of receipts; the checking of compliance as well as checking the status of the insurance statuses of the traders. The software also allows the users (when applied to the case of market managers) to provide the traders and pitch holders on their markets with a fully comprehensive and audited history of the charges incurred by them as well as the payments they have made in order to pay off such debts. Also, through the use of this software, market managers are now able to assign charges to traders as well as pitch holders on a weekly or monthly basis depending on the arrangements that have been made. Also, on the other hand, this type of software solution is equally beneficial for traders and pitch holders as it enables them to make payments on a regular basis without having to physically pay the large sums of money required, thereby making the payment of charges easier.
The development of such types of software has reflected the shift that is becoming ever more apparent to a cashless society. The increase in payments made via credit and debit cards has made it necessary for market traders to adopt methods of receiving payments in such ways as well as issue receipts (as this is undoubtedly the preferred method of payment for the majority of potential customers. software solutions for markets also allows the traders greater accuracy for accounting purposes as every transaction, charge, and payment will be recorded and available for future reference.