Business Assurance for Retail

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Overview

Industries > Overview > Retail

Business Assurance
Retail and wholesale are, by definition, highly competitive businesses. Business success is, more and more, measured only by margins and profitability. In the 90’s management focus was on defining the strategy. Currently, the managers' attention is focused on the operational control of the implementation of the strategy. For the business survival it became critical to maximize the profitability in retail / wholesale operations, as well as keeping the costs totally under control. Retailers must target both cost reduction and new, high-margin products and services that can increase revenues. Business Assurance or Profit Protection is about using systems to improve operational effectiveness and manage risk. This practice is focused on near real time data quality and consistency, on its financial value and on the implementation of controls on top of the business processes.

Profit Optimization Software
Retailers today face many challenges: from trying to predict customer behavior, grappling with global supply chains or reconciling multi-channel demand. This means that retailers need to control all processes and events related to Stock Inventory, Cards Validation, Supply Chain Control, or Contract Compliance. RAID:RETAIL is a complete Profit Protection solution tailored to cater and support retailers of all sizes, that covers different areas such as improving on-shelf availability or profit protection - for retailers that want to defend their margins.

Fraud Management Software
Integrated in RAID’s Business Assurance framework or as a standalone solution, RAID:FMS is WeDo Technologies’ solution to address a whole range of fraud types in a wide variety of environments.

Professional Services
Professional Services is a vital part of the implementation of a project for a business including on-going support and development. Through our understanding of customer’s commercial objectives, the technical complexity of the implementation of a project and our in-depth knowledge of industry technologies, our Professional Services team minimizes the effort required to implement a project and quickly maximizes a customer’s return on investment in the product or solution.

Business Consulting
Critical to the successful implementation of any project is the coordination of all the activities involved in the project including communication between all involved parties. To control risk and mitigate its impact on financial performance, retailers must have systems that identify, measure, control, and monitor risks. Strong risk management systems are especially important when introducing new products or services and during economic growth or recession. WeDo Technologies consulting division for retail is specialized in providing retail risk management assessments to create models capable of being integrated with a wide range of measurable data. With all the data inter-linked and centrally accessible into RAID, retailers will be able to measure business process execution, through KPI’s, looking for potential faults that may indicate profit has leaked or is about to leak away

Training &Support
WeDo Tehcnologies' support team delivers reliable, best-in-class support for any customer, whether they're using an out-of-the-box software product or a customized solution. WeDo Academy provides comprehensive training programs for WeDo Technologies' Partners and Customers. The courses are designed to provide the knowledge and information necessary to ensure the highest performance levels when implementing or working with a WeDo Technologies Product