- Problem: Higher fuel prices require you have the right data, in the right place, and at the right time to make the most informed decisions. May 24, 2011 Solutions: Keep in touch with critical measures of success while you’re on the road. Retail fuel profit margins are more fragile than ever with today’s volatile fuel costs. Make timely, competitive decisions by using Pinnacle’s business intelligence solution, EPM, with mobile technology. Keep your margin data at your fingertips and take action at a moment’s notice. Pinnacle’s Enterprise Performance Management™ ...
- Problem: Higher fuel prices mean your fuel inventory costs may be higher than you think. Nationwide the average cost of a transport load of gasoline is over $30,000.00. Now more than ever, it’s critical to know what adjustments should be made to fuel inventory levels. May 23, 2011 Solutions: Capture Bills of Lading (BOLs) in real time and deliver that information to your home office. Only with bill of lading information can you accurately calculate the cost of your existing inventory. Pinnacle’s Andalé can bring bill of lading, split drop, and splash-blend information back to the home office in real time for you to make ...
- Problem: Higher fuel prices make customers more sensitive to price. Even your most loyal customers are now price shopping for fuel. May 17, 2011 Solutions: Give customers the opportunity to earn points when shopping at their grocery store, redeemable for PPG discounts at your store. Pinnacle’s Palm POS integrates with 3rd party fuel coalition loyalty programs, so customers earn points at their grocery store and redeem those points for discounted fuel at your stores. This keeps them coming back to your ...
- Problem: Higher fuel prices cause inconveniences for customers: May 17, 2011 1.Fund Holds – When a customer uses a debit or credit card, the bank puts a hold on funds for a period of time. With total fuel transactions rising due to price, those fund holds are more inconvenient than ever. 2. Upper Limits on Pay-at-the-Pump – Banks and payment processors often impose an upper limit on ...
- Problem: Higher fuel prices mean that even the slightest errors in fuel invoice reconciliation can drive your costs up substantially, putting even more pressure on already razor thin margins. May 17, 2011 Solutions: Improve your fuel margins. Pinnacle’s Palm POS has valuable features that can help retail chains improve their margin. Palm’s cash/credit pricing option can influence more people to tender with cash rather than cards with expensive interchange rates. Palm also supports cash acceptors at the dispenser so you can accept cash for pay-at-the pump transactions. Finally, with ...
- Problem: Higher fuel prices result in more fuel theft; but requiring your customers to pre-pay for fuel drives them to your competitors. May 5, 2011 Solutions: Maintain shopper convenience while securing your pumps. Stop fuel theft today and remain convenient with Pinnacle’s LoyalPass®! Everyone knows that fuel theft increases are consistent with rising street prices, and there’s nothing worse than losing revenue at your forecourt with today’s tight fuel margins. Utilize LoyalPass to secure shopper information, giving you the control over their access while providing ...
- Problem: Higher fuel prices mean higher credit card fees. You need an alternative to credit and traditional debit. April 29, 2011 Solutions: Reduce credit card fees by offering an alternative payment option. Consider ACH processing, which continues to have a lower per transaction cost than any typical credit/debit card option. Pinnacle’s LoyalDebit™ tackles the significant rise in credit card fees by adding payment capabilities to a non-payment card that the consumer already carries in their wallet, such as a loyalty card. Cost ...
- Pinncorp June 2010 Pinnacle Partners with VendorSafe Technologies June 8, 2010 Thousands of convenience stores and fuel retailers nationwide rely on Pinnacle as their single-source supplier for best-in-class products and services that automate store operations and heighten business efficiency. High transaction volumes and multiple access points make fuel pumps and convenience stores particularly vulnerable to credit card fraud, yet few of these organizations have secured their ...
- Letter from The Pinnacle Summit 2009 Master of Ceremonies July 31, 2009 As Master of Ceremonies for Pinnacle Summit 2009, I was extremely pleased with this year’s event, from the educational track sessions, to the dynamic General Session speakers and the outstanding networking opportunities. As an Executive of Honey Farms, Inc., a chain of 35 convenience stores, I oversee the day-to-day operations of our business and I ...
- The New Normal: Keeping Balance and Momentum in Treacherous Times July 31, 2009 The “new normal” is well on its way to becoming one of the catch phrases that we’re all going to get sick of. It’s in headlines everywhere, especially as pundits and consultants try to figure out ways to market their services around a phrase that has more alliteration than meaning. The essential question is this: ...
Pinnacle
Convenience Store and Petroleum Marketer Software Solutions
