Retail Financial Management
Guarding your financial health
You go through considerable effort and expense to draw revenue through your front door. Don’t let the fruits of your labor trickle out the back door. RedPrairie Financial Management tracks cash and other financial transactions from the time they enter the store until safely deposited at the bank—and beyond. It is critical to quickly identifying cash shrinkage and areas of risk so immediate action leads to minimized theft and fraud.
| Cash Management |
Keeping cash in the till
Over 35 percent of employee theft happens at the till. Tight controls around cash and payments, along with integrated analysis of transaction and inventory information, keep these forms of shrink to a minimum. More |
| Financial Reporting |
Putting a microscope on your financial health
You wouldn’t dream of running your business without good financial controls. So why wouldn’t you expect the same level of scrutiny at your stores? More |
| Bank Reconciliation |
Let nothing fall through the cracks
Sometimes the largest issues are found in the smallest gaps. The ability to reconcile accounts and deposits ensures small discrepancies don’t become major problems. More |
| Budgeting |
Turning budgets bottom up
Budgeting has traditionally been a top-down process. Corporate headquarters creates high-level budgets and then allocates them down through the organization to the stores. Unfortunately, they never reflect reality at the store level. More |
| Invoice Reconciliation |
Get what you pay for
If invoices always matched what you received, life would be simple. Unfortunately, reality gets in the way. So matching invoices and receipts is as important as watching the till. More |
Better information means better decisions
We believe you can’t make good decisions without accurate, timely information. That philosophy permeates our systems design and thought-provoking materials below.
| Thought Pieces |
Benefit from what we’ve learned in 35 years of helping the world’s best companies improve their business. More |
| Case Studies |
Learn how leading companies have solved problems similar to yours. More |
| Industry Reports |
Insights from thought leading analysts and media on what’s happening, and is going to happen, in the industry. More |
| Videos |
If seeing is believing, then you’ll learn a lot from the industry experts covering a wide range of topics on these videos. More |