ChainDrive’s Retail Budgeting Software
Money management is a difficult task in any facet of life, but for business managers, it’s especially daunting. In a retail environment, managers are in charge of coming up with expense allocation methodologies that will maximize profit without putting their business or their employees in tight situations. Doing this means having tools by your side that surpass the capabilities of basic calculators and print-outs to help you. Consider investing in ChainDrive’s retail management software package – its Retail Budgeting component helps you set realistic goals and track your progress towards them effectively and accurately.
By establishing key performance indicators that help you gauge your success in the market, you can begin monitoring your progress. Whether you consider sales per day, dollars per day, customers per day, or some other point of data to be the most meaningful indicator of your success, ChainDrive’s software can help you track it. Once you’ve established the KPI, you can see how any changes you make to various parts of your business affect your progress. It’s a great tool for exercising moderate changes and trying out new ideas, and it will always keep you grounded by offering you a full view of your performance.
Other effective tools found in Retail Budgeting include:
- A sophisticated analysis and reporting module for all of your analytic needs
- Flexible views that show your performance and current status on multiple levels
- An annotation tool that allows you to record any important information, especially notes that might explain any anomalies there may be in performance data and so on
- Built-in variance reporting
- The ability to graph any selection of data in a variety of ways