ChainDrive’s Retail-Centric Accounting Software
Managing accounts in any business is absolutely vital to success, but in the world of retail, accounting is an especially important function that requires careful consideration and the right tools. ChainDrive offers customers a comprehensive retail management software package that includes an Integrated Accounting component designed around the specific needs of retail management. Its dynamic tools and robust modules are the perfect solutions for your expense management and other money-related concerns.
The software uses an intuitive tri-dimensional GL to handle expense allocation on multiple levels. You can take advantage of the user-definable rules to create specific orders for expense allocation based on the needs of your business. These can be performed automatically or as a one-time action. Expenses can be moved around based on store performance, sales, inventory, square footage, or a pre-defined percentage that you have determined to be most appropriate.
Integrated Accounting also supports you through its Cash Audit tool, which automatically integrates data on sales from the Point of Sale component into the GL. You can use the drill-down to analyze sales all the way down to an individual invoice. The software also includes automatic invoice matching to ensure that no errors are made in the process.
Other great features of Integrated Accounting include:
- Automated bank reconciliation
- Commissions engine for fair payment of employees
- Payroll service integration
- Automated lease management tools that alert you of impending renewals and more