Layaway Management
Layaway management is an essential feature in software that facilitates the process of reserving items for customers to buy at a later date. It is an efficient way of managing sales and inventory, especially in retail and e-commerce businesses. With layaway management, customers can select items they wish to purchase and make a down payment to reserve them. The system then tracks the remaining balance and sets up a payment schedule for the customer to complete the purchase. This feature is beneficial for customers who may not have
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Rajat Gupta is the founder of Spotsaas, where he reviews and compares software tools that help businesses work smarter. Over the past two years, he has analyzed thousands of products across CRM, HR, AI, and finance — combining real-world research with a strong foundation in commerce and the CFA program. He's especially curious about AI, automation, and the future of work tech. Outside of SpotSaaS, you'll find him on a badminton court or tracking the stock market.
Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].
