What is the reason behind the rising importance of retail management software in Singapore?

Image Credit: WiseSmallBusiness

Singapore is world-renowned commercial hub popular for its retail industry. Recently the reason for the popularity of the retail industry in Singapore is the retail management software. It has immensely helped retailers to secure and streamline the business and match the dynamic needs of customers.  
  
A good retail management software is equipped with multiple valuable tools for making business operation simple and easy in the following manner
the software is specifically designed and developed to support retail business
It supports multiple user login with different access levels to ensure safety is never compromised
It will include business crucial features like payroll and tax to make hassle free transaction and maintain financial accuracy. 
Inventory can be viewed in real time basis to provide the retailer with the best data for taking  quick decisions that are important for good customer experience
CLoud support to access important data from any location at any time