In-store retail productivity and intelligence software, Vend, has partnered with National Australia Bank (NAB) to provide retailers with full integration between in-Store retail management of inventory, point of sale and NAB payment systems.

For businesses who bank with NAB and use Vend’s in-store retail management system, this partnership removes the need for manual reconciliation of sales; simplifying and streamlining head office and back end operations for larger retailers, and providing more efficient, time-effective store management capabilities for smaller retailers.

This integration also means faster processing of each transaction at point of sale, making the experience smoother and more convenient for both customers and businesses.

Commenting on the announcement, Vend founder, Vaughan Ferguson, said, “Vend is pleased to be integrated with Australia’s largest small business bank. Our strategy has always been to be the hub for managing in-store retail, and we have done this by deeply understanding the retail workflow for small and large businesses. Payment processing is an essential part of the in-store retail workflow and we have chosen a partner-led approach, integrating with best in class providers such as NAB. To have NAB on board is a great credit to our integration capabilities and our collective interest and reach into the retail landscape of Australia.”

NAB executive business everyday banking, Tania Motton said, “We’re delighted to be able to link up with Vend to make running a retail business smoother and easier. NAB is absolutely committed to finding ways of removing barriers for our SMEs and digital tools are a fantastic way of giving them back valuable time while also providing new levels of insight into their business performance.”

Vend – built as the world-first retail POS – is accelerating its evolution with the NAB partnership enhancing the payments process for retailers and consumers alike. The solution neatly integrated between iPad and cordless NAB EFTPOS will offer greater variety, flexibility and security.

The integration with NAB follows recent integrations with accounting software MYOB and Pointy – technology that helps bricks-and-mortar retailers promote their in-store products online.