Retail business pains & Unit4 Solutions

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In business for people. Retail business pains & Unit4 solutions

Transcript of Retail business pains & Unit4 Solutions

Page 1: Retail business pains & Unit4 Solutions

In business for people.

Retail business pains & Unit4 solutions

Page 2: Retail business pains & Unit4 Solutions

In business for people.Page 2 Proprietary and ConfidentialMay 2, 2023 Unit4 in Retail

The situation• Fickle consumers, unpredictable

weather, new trends, fashions and competitors.

• Retailers operate in a constantly changing landscape.

• Flexibility and scalability are hardwired into retailers’ DNA.

Their finance system must support that.

Page 3: Retail business pains & Unit4 Solutions

In business for people.Page 3 Proprietary and ConfidentialMay 2, 2023 Unit4 in Retail

New channels are exploding, e-commerce is predicted to grow 11.8%every year to 2019* and m-commerceeven faster, but most retailers don’t have mobile sites, apps or tablet-optimised interfaces.

If you ignore these channels and their revenue, do you think your rivals will too?

*Ibis World

Page 4: Retail business pains & Unit4 Solutions

In business for people.Page 4 Proprietary and Confidential

But new channels aren’t free and with consumers able to shop anywhere for the best deal, there’s more pressure on margins than ever.

Cost control is vital but not at the expense of being flexible and able to scale up and down to respond to demand.

Just ask HMV.

Unit4 in RetailMay 2, 2023

Page 5: Retail business pains & Unit4 Solutions

In business for people.Page 5 Proprietary and ConfidentialUnit4 in RetailMay 2, 2023

Costs, profits, losses, revenue, margins.

Everything comes down to money.

Your finance system has to be the eyes and ears at the core of your operation.

It must give you an accurate, real-time view of everything that affects your profitability.

Page 6: Retail business pains & Unit4 Solutions

In business for people.Page 6 Proprietary and Confidential

Having visibility of sales, margins, stock, profits and cash reconciliation gives you the ability to analysis performance and the flexibility to respond to the market.

Unit4 in RetailMay 2, 2023

Page 7: Retail business pains & Unit4 Solutions

In business for people.Page 7 Proprietary and ConfidentialMay 2, 2023

Modern challenges demand technological solutions.

Your finance system must offer integration, multiple deployment options, intuitive interfaces and the ability to support expansion – both here and across the world.

Unit4 in Retail

Page 8: Retail business pains & Unit4 Solutions

In business for people.Page 8 Proprietary and ConfidentialMay 2, 2023

Real-time databases, providing essential retailing information and available to store staff, web team, warehouse and purchasing give a single version of the truth.

SALES REPORTING

Unit4 in Retail

Page 9: Retail business pains & Unit4 Solutions

In business for people.Page 9 Proprietary and ConfidentialMay 2, 2023 Unit4 in Retail

Above all your vendor must have the right credentials and a track record of delivering success in retail.

Over 350 leading retailers, including the world’s largest brands rely on Unit4 Financials for precise financial information and real-time reporting, better process automation and greater business performance: