vbScout has improved our front end operations tremendously, and it is great to see the project recognized by the IBM Retail User Group.
Lenexa, KS (PRWEB) May 4, 2010
Balance Innovations and Roundy’s Supermarkets, Inc. have been chosen as the winners of the IBM Retail User Group’s 2010 Retail Innovation Award.
The companies received the award for Roundy’s successful implementation of Balance Innovations’ vbScout self-checkout management solution. Roundy’s installed vbScout to improve the balancing and monitoring of self-checkout units at 90 of its stores. vbScout uses real-time monitoring to provide the status of a self-checkout unit, allowing bookkeepers to save time by balancing the units less frequently and save money by stocking them with appropriate cash levels.
“It is a thrill and a privilege to have our project chosen as the innovation of the year,” said Brian Goedland, business solutions director for retail at Roundy’s, who accepted the award on behalf of the company. “vbScout has improved our front end operations tremendously, and it is great to see the project recognized by the IBM Retail User Group.”
“Winning the Retail Innovation Award is a great honor for both Balance Innovations and Roundy’s,” said Keith Molzer, president and CEO of Balance Innovations. “As our partner since 2006, Roundy’s has been invaluable in working with us to improve our solutions, and the success of vbScout is a product of that partnership.”
The Retail Innovation Award honors a technology solution that enhances the consumer experience, reduces the cost of doing business, speeds up processes, and provides a competitive advantage. The winner of the award is selected by the retail members of the IBM Retail User Group at its annual conference, held this year in San Antonio.
This marks the second time Balance Innovations has won the award since its inception in 2007. The company won the award in that year for its VeriBalance solution.
About Roundy's Supermarkets, Inc.
Roundy's Supermarkets, Inc. is a leading grocer in the Midwest with nearly $4 billion in sales and more than 18,000 employees. Founded in Milwaukee in 1872, it operates 154 retail grocery stores and 88 pharmacies under the Pick 'n Save, Copps, Rainbow and Metro Market banners in Wisconsin and Minnesota. For more information about Roundy's, visit the company website at http://www.roundys.com.
About Balance Innovations
Balance Innovations is the leading provider of reconciliation and cash office management solutions for the retail industry. Our leading-edge, customizable solutions integrate seamlessly with existing POS technologies to simplify and improve retailers' cash office management operations. Balance Innovations' premier product, VeriBalance, is a patented, 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; vbForecast, a cash forecasting product; and vbScout, a self-checkout management tool. Customers range from independent grocers to Fortune 50 retailers. For more information, visit http://www.balanceinnovations.com.