What to look for in ERP software for your retail business

What to look for in ERP software for your retail business

As important it is to choose the right location, employees and other things for your retail business choosing a software by knowing what to look for in it is also a challange. And it happens to be one of the most necessary part since after your business starts running you will need a software that can take care of it so you can have a better sale and progress along with that you will also be able to manage your business from all the sides.

Here’s what to look for in ERP software for your retail business:

  1. Customizable

When you get a customizable software it becomes more user friendly. If an ERP is not built for your type of business it is no way going to be useful for you in anyway or might not meet your demands half way. Therefore it is extremely necessary that your software easily blends in with your business type.

  1. Common platform

At times the business owners make the mistake of buying too many software and fail to harmonize them as they refuse to integrate with each other.

Get your business a software that can integrate with other system or the more includes all the required features as an ERP must have as much features as possible for the type business that you are handling.

  1. Accessibility

Being able to access a software even when you are not at work and from any device suitable is a necessary feature. At times you might not be able to visit your store or you might want to take off to an island but during such times your business must still be running which is possible only if you can access to your business updates from anywhere. Select an ERP that is mobile friendly and is accessible from anywhere so you do not have to wait for the sheets to arrive in your email with delayed news and updates.

  1. Decision making

An intelligent ERP software will help you make better decisions based on the information provided and data collected which is necessary for you to take better decisions for more profit in the future and to know what risks might be involved as per the stats. If your software is not going to help you in making your doubts go away while deciding for your business it is not the software that you require.

A smart ERP helps you plan long term and makes you aware about your inventory for example: what is being sold faster and what products are a waste for your business so you know what your consumers want, hence you can move accordingly.

  1. Online or offline

Offline software usually have many drawbacks like risk of losing data, not accessible from anywhere else except your system and limited number of users, very rigid, etc. While online provides you with high level security and customize with your business. As for losing data there is no chance of this mishap as you can store it in the cloud which means you have a backup in case anything goes wrong. Huge number or unlimited number of users can use it and is accessible from any corner providing you updates in real time.

What to look for in ERP software for your retail business

Reach ERP software is an entirely cloud based software that customize with your business making it easy for you to operate it and along with being is accessible from anywhere it is also mobile friendly.

 

 

Reach ERP provides wide range of features like:

  • Dashboard
  • CRM
  • Warehouse management
  • Billing
  • Accounting
  • Purchase and expense tracking
  • Damages and scrap management
  • Quality batch control
  • Costing
  • Invoicing
  • Lead management
  • Mobile app, etc

For queries and more information click on contact us. For 15 days free trial of Reach ERP software click on >> Demo

I’m a tax expert with over 10 years of professional experience. I’ve gained practical insights on GST and other Taxes during my tenture as a Tax expert and GST Trainer in Reach Accountant.

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