Cognizant , a leading provider of information technology, consulting, and business process outsourcing services, has announced the availability of an Automated Coupon Redemption (ACR) solution, part of its IntelliStoreSM “intelligent store of the future” platform. Cognizant IntelliStoreSM ACR is designed to help retailers and manufacturers drive sales, reduce costs, improve customer loyalty, and enhance the shopper experience by integrating online, mobile, and in-store shopping.

Cognizant IntelliStore ACR is a cloud-based service offering that offers a way to embrace paperless digital coupons. Purchased as a service with minimal upfront cost and no in-store hardware, Cognizant IntelliStore ACR was created with Intelligent Clearing Network (ICN), an innovative software-as-a-service (SaaS) company that electronically delivers and clears both digital and paper coupons through a single connection at the point of sale (POS). Manufacturers, media companies, and retailers receive real-time redemption information for digital and paper coupons the moment the incentive clears the POS system in grocery, drug, and mass-merchant retailers.