Sage Accpac for Retail Companies
Today in India, scope of retail is moving from single store concept to company owned chain of retail outlets integrated through common distribution platform.
Sage Accpac Suite for Retail industry automates your retail business with strong back office product to manage and enhance your overall IT infrastructure and readiness to meet competition.
In Retail based business Integration of the various business functions is an essential prerequisite. A number of retail chains in India have already invested in automating their various business processes. However, many retailers are still using various islands of automation which are not integrated with each other to manage their core business functions. This strategy can results in somewhat lower levels of effectiveness and efficiency.
There could be various applications available to automate “Individual” processes of your retail business and companies struggle hard to integrate fragmented applications they have invested in. by keeping old and fragmented systems companies face many challenges like
Old architecture – Many old legacy systems are developed in age old technology and architectural restrictions do not allow to be integrated with other modern application. This rigidity hampers possibilities of extending scope of business applications. Considering Dynamic nature of Retail industry it is very essential to have systems which are flexible and adoptable to changed business scenarios.
Individual scope – Most of the legacy systems are designed to address one particular area of business like Point of Sales Operations, Purchase Order Management, Inventory Management there is duplicity of data at multiple touch points. Fragmented data makes it impossible for management to get meaningful MIS reporting out of system.
Difficult to Maintain – Legacy systems are difficult and costly to maintain. Considering the fact that legacy system requires outdated technology a company needs to invest in specialists to maintain legacy systems. This is sunk cost and there is no productivity or efficiency increment with this investment.
Closed to Integration and non scalable– Legacy software does not allow addition and integration of new applications. This prevents such systems from scaling up or integrating with similar systems used by the associates or business partners. Such integration and scalability problems tend to multiply as the size and scope of retail operations increases.
Prone to errors and Risks – You cannot have apples and oranges in same pie, and attempts to integrate old legacy systems with new modern systems is challenging, time consuming and prone to errors. An example would be a decade old point of system being integrated with state of the art modern accounting system.
Sage Accpac for Retail Companies have following features and functionality:-
Retail specific components – Sage Accpac is delivered as a modular and scalable solution to you. Sage Accpac grows with your business! Sage Accpac Retail suite has perfect ingredients to make your ERP roll out a huge success. Modules like Point of Sales, Financial Accounting, Inventory Management, Barcoding, Retail Analytics offer you unmatched blend of applications for your business. And all applications are tightly integrated with each other to give you 360 degree view of your business
Scalability Option – Sage Accpac is scalable, you can start with basic modules of logistics, finance, Point of Sales and extend system to more sophisticated modules like Business Intelligence, Customer Relationship Management, Retail Analytics and Barcoding. You can scale your system from 5 users up to 1000 concurrent users.
Store Automation– Sage Accpac Retail suite automates and enhances your store operation, for retail company store systems are the pivot business. Important functions include inventory tracking, ordering, replenishment management, loss prevention. Sage Accpac ERP is suited to the specific needs of a retail organization.
Configuration and scalability – Sage Accpac ERP is highly configurable, you could be selling apparel, shoes, food items or any other product under the sun. Sage Accpac ERP allows you a high degree of customization and is easily scalable to manage itself as per changing size and scope of operations. High degree of configuration and scalability provides numerous advantages to retail operations across an enterprise.
Phased implementation support – Sage Accpac allows you to implement various systems in a phased manner. You can implement Sage Accpac Retail suite in a step-by-step incremental manner rather than in one go. This phased implementation makes the transition to an ERP package a lot easier. This feature allows the users to familiarize themselves to an ERP package that is perceived to be complicated to use.
Support for advanced modules and functionality – Sage Accpac Retail suite support for advanced functionalities that is helpful in the decision making process; few examples could be merchandise planning, pricing strategies, inventory optimization and store execution. The advanced functionalities help your organization to formulate business strategies and introduce efficiencies. The top management can set the benchmarks and achieve the desired results.
Technology and application integration – Sage Accpac Retail Suite is based on modern three tier architecture and allows easy application integration with external applications. It is platform independent, seamless transfer of processes across different modules running on different technologies in an enterprise wide environment.