Monday, March 26, 2012

Retail Budgeting Software | Retail Management Software Blog

Retail managers are in charge of a variety of important processes and duties that make up a successfully run business. From managing your workforce to the allocation of your merchandise, you will be tasked with coming up with solutions to problems in every sector of the job day in and day out. To accomplish this, you?ll need more than just determination ? you need a powerful software system to help you organize, analyze, plan, and implement strategies for success. ChainDrive?s retail management solution is a software package with a number of tools designed for specific areas of retail business. Its Retail Budgeting component is built to support all of your goal-setting and money management needs.

By identifying key performance indicators that show you how your retail location(s) is/are progressing, you can track patterns in your daily business and develop a stronger understanding of how different aspects and changes affect overall success. You may want to track how many sales are made in a day, or you may want to follow the net profits; whichever path you choose, Retail Budgeting is able to present you with data on multiple levels from your entire business to individual stores, departments, and products. You can also match up your data with historical information about past performance to give you a good indicator of how you are moving along.

Other features of Retail Budgeting include:

  • The ability to graph any set of data in a variety of ways
  • Built-in reporting on variance for more thorough understanding of information
  • Budget planning tools that are fully integrated with Point of Sale software

Source: http://chaindrive.com/blog/retail-management-software/retail-budgeting/retailbudgetingsoftware-2/03/24/2012

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