Following on from the success of the Bas-X retail group management system, which many multi-site operators use today to manage their hosting and pricing strategies, Bas-X will soon launch their new product destined to set new standards in retail technology and management for independent retailers.
“Over many years and especially since GST in 2000 we have observed many areas of the independent retailers business where duplication and repetitive manual processes impose substantial costs” said David Wilder the development manager for the project, adding “These costs grow exponentially for multi-store owners and management groups.”
Solutions to these problems, once prohibitively expensive have now become very affordable thanks to Bas-X and the progress of network and database technologies over recent years. With these advances what was once the domain of only major retail chains and multi-national businesses will now be available to independent retailers.
For example, the new basXRetail™ system provides substantial cost savings by direct synchronisation to accounting so that sales, supplier invoices, and customer transactions at a store automatically flows into the chart of accounts without any additional handling other than what was already done by the cashier at the Point Of Sale, or the person receiving the goods.
Significantly what this means is that if you run 1, or 50, or 1,000 stores all as an individual company, no more do you need to handle information transfers multiple times between your store back office systems to your accounting program for each business entity. BasXRetail™ manages this all automatically, with manual override and comprehensive fine grained audit trail and complete trace-ability.
With support for all the major accounting programs commonly used by independent retailers today the savings can be quite substantial in terms of efficiency and accuracy.
Another exciting cost saving feature of the new system is that it is a fully “automated workflow system” which means for the retailer, that each retail task and process can be scheduled as a once-off event or a recurring task, for example; the system can be setup to generate orders or create and email a one-off or regular performance report, or an alert to the department manager about Out of Stock Items, Low Margin sale, or where pre-set thresholds have been exceeded for Refunds or Returns, Voids, Sales, or Customer Counts, etc.
In the case of supplier orders, these can be scheduled and generated automatically by the system which instantly messages the manager via his mobile device or email so he can immediately view, edit and confirm the order whereupon the system then sends it via email, fax, or directly as with Metcash.
The new basXRetail™ system is a complete retail ERP system providing management for; pricing, merchandising, customers, staff, sites, inventory, stock ledger and financial ledger.
For more information about basXRetail™ please email your inquiry to info@basx.com.au
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