How can a Retail Business Benefit from an ERP with enhanced reporting and dashboard feature

A Retail business needs an ERP that can offer useful analytics and reporting tools to provide its users with the data they need for daily business operations and decision-making.

See Key Metrics in Dashboards

• ERP has built-in dashboards that display important metrics visually, like sales, profits, inventory, etc.
• Dashboards make metrics easy to understand for all users like store managers, buyers, etc.
• Users can click on dashboard charts to see more details behind the numbers to get better insights.

Generate Detailed Reports

• ERP systems allow the creation of customized reports that provide detailed data behind performance metrics.
• Useful reports include sales reports, inventory reports, customer reports, purchase reports, finance reports, etc.
• Reports can be scheduled and automatically sent to managers and executives as needed.
• Reports allow understanding the deep nitty-gritty numbers relevant for decision-making.

Visualize Data in Charts and Graphs

• ERP software allows data visualization through interactive charts, graphs, heat maps, etc.
• Visual formats make it easier to discern trends and insights from large data sets.
• Users can filter visualizations by date, product categories, channels, etc. for more relevant analysis.
• Visual analytics enable faster and better grasping of metrics for retail operations.

Build Custom Analytics

• ERP software allows the creation of customized analytics like reports and dashboards.
• This helps address unique analytics needs beyond standard content.
• Retailers can build custom visibility into KPIs specific to user groups like stores, buyers, etc.
• Flexibility for customized analytics provides greater ownership and value.

 

Access Analytics on Mobile Devices

• Modern ERP software offers mobile analytics on tablets and smartphones.
• Allows executives/managers to monitor reports and dashboards on the go.
• Quick access to analytics assists in faster decision-making.

Get Powerful Visibility into Your Retail Business with the Reporting module of Versa Cloud ERP

Versa Cloud ERP stands out as an all-in-one solution enabling data-driven decision-making through its wide-ranging analytics and reporting capabilities.

Versa enables insightful analytics across all retail operations including point-of-sale, e-commerce, inventory, purchasing, merchandising, finance, and more. It provides highly visual and interactive dashboards that allow drilling down to monitor KPIs across channels, stores, departments, and categories. Users can track metrics like sales trends, customer acquisition, product performance, inventory turns, costs, and profitability in granular detail.

Beyond dashboards, Versa also empowers creating customized reports that combine data from multiple sources in the ERP into printable reports that can be scheduled for automated distribution to relevant stakeholders. Additionally, out-of-the-box integration connectors allow easy linkage with best-of-breed business intelligence and predictive analytics solutions for extended analytical capabilities leveraging big data, machine learning, and artificial intelligence algorithms.

The bottom line is that data-driven decision-making is vital for retail success today. Versa Cloud ERP provides unparalleled analytics capabilities to unlock deep insights from your business data. The platform empowers you to visualize key metrics, spot emerging trends, identify problems early, and simulate scenarios to evaluate outcomes. But don’t just take our word for it – schedule a free demo and consultation with our retail analytics experts today. See first-hand how Versa Cloud’s robust reporting and AI-powered analytics can transform data into an invaluable asset for your business.

A Retail Business in the modern day is complex and requires resources to deliver on its goals and achieve its full potential. To create a small business success story business owners need an ERP system that grows with them.

Effectively manage your financials, inventory, and production workflows with our award-winning ERP.

Let Versa Cloud Erp’s do the heavy lifting for you.

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Make your businesses hassle-free and cut the heavyweights sign up for the Versa Cloud ERP today!!

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