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Financial Report Management is sound practice for Fashion retailer operations … since you have a matrix system – grouped into styles, categories and subcategories.
Financial Management Reports On Revenues Per Category Is Critical
Having at your finger-tip RELIABLE reports you can use, that let’s you know how much you have to spend and what are your planned margins on those purchases … is helpful in gauging your operation’s financial health.
A properly designed financial reporting program inside your RMS system is a very helpful tool.
The MultiFlex RMS gives you … financial performances on:
Even more helpful is the KPI report readily available inside your MultiFlex RMS program – a detailed view of your retail key performance indicators … categories, purchases made, stock levels, YTD sales/margins and gross profits.
Last Year’s Gross Profit Comparison and How Does That Help
A retail fashion operation need trusted data to guide decisions – on margins, inventory turns – and among several categories/subcategories. Having a trusted, reliable system to help plan and take advantage of higher profit margin is critical.
The MultiFlex RMS program, combined with the Success Coaching Program will be a big help.
"Financial Reporting Management" is part of the MultiFlex RMS (Retail Management System) line of products, developed by Microhouse Systems.