Efficient gift card management: Excel vs. Gifty Dashboard

The drawbacks of using Excel

Excel is often seen as an accessible way to keep records. It works well for tracking gift cards initially, but over time, several pitfalls can arise:

• Manual entry errors: As you sell more gift cards, the likelihood of errors in Excel increases. A typo in a gift card code or an incorrect amount can quickly lead to issues during redemption or while recording your revenue.
• Difficulties in maintaining an overview: When using Excel, it’s challenging to have an up-to-date overview at all times. Every detail has to be updated manually, which can become a time-consuming process, especially as your business grows.
• Security risks: Excel files are not always a secure choice, especially if they are shared among multiple people. This makes the system more susceptible to errors and even fraud.
  
  

The benefits of automation with the Gifty Dashboard

In contrast to Excel, an automated dashboard like Gifty offers a solution that prevents many issues associated with manual processes. Let’s take a look at some of the advantages:

• Error-free and automatic: In the Gifty dashboard, everything is processed automatically. No manual entry is required, which significantly reduces the chance of errors. This allows you to register and track your gift cards with more confidence.
• Real-time insights: While Excel often requires manual updates to see the current status of gift cards, the Gifty dashboard provides real-time insights. You can instantly see how many gift cards have been sold, redeemed, or are still outstanding.
• Secure and reliable: The dashboard offers a high level of security, ensuring that every gift card is processed correctly and that there is no risk of double redemption or fraud.
  
  

How does issuing and redeeming gift cards work with Gifty?

With the Gifty dashboard and the accompanying app, issuing and redeeming gift cards becomes much easier. All actions, from sales to redemption and inventory management, are managed from one central platform. Thanks to real-time statistics, you always have immediate insight into the status of your gift cards, both for online and in-store sales. This means you can see at any time which cards are still outstanding and which have been redeemed. Additionally, you can easily customize the design of your gift cards and manage settings such as employee authorizations and automated inventory management.

Want to see how it works? Watch this video for a clear overview of the benefits of the Gifty dashboard and app.

Conclusion: Why automating gift cards is a smart choice

While Excel can be a useful tool for smaller administrative tasks, using it to manage gift cards comes with many risks. Errors can easily occur, and maintaining an overview requires a lot of time and effort. The Gifty dashboard, on the other hand, provides an efficient, secure, and simple way to manage your gift cards. By utilizing real-time data and automatic processing, you can save a lot of time and energy while minimizing errors.

Curious about how the Gifty dashboard can help streamline gift card management for your business? Contact us or schedule a demo. Our team is ready to show you how easy and efficient it can be to take your administration to the next level.