Make the right moves with a unified view across merchandising and financials. Stay ahead of constantly changing consumer trends and support efficient capital deployment and faster inventory cycles, all while simplifying your finance team's work so that you can meet your goals.
Big moves for retail with ERP.
Gain a complete view of real-time financial data and adopt a multidimensional reporting platform, from stores to the central office. Simplify the process of transferring data from dispersed stores to the general ledger.Explore Financials
Improve supplier performance and value by systematically qualifying and managing suppliers, collaborating with them, and swiftly completing contracts and payments.Explore Procurement
Manage compliance with ASC 606/IFRS 15 for customer incentives such as coupons and rebates, loyalty programs, and gift cards.Explore Revenue Recognition
With a global record of store assets and equipment, such as fixtures and display units, you can accurately monitor budgets against actual costs.Explore Asset Acquisition to Retirement
“Office Depot is pivoting away from being a traditional office products retailer to a broader omnichannel services and products company, and that causes a lot of complexity. We evaluated multiple vendors, but only Oracle could deliver the end-to-end solutions we needed.”
Senior Director, Office Depot
Optimize your omnichannel retail strategies. Use enterprise planning capital and strategic modeling solutions to determine how to allocate limited CapEx funds.Explore Enterprise Performance Management
Evaluate your channels' profitability by various performance measurement metrics, including revenue, COGS, gross margin, and net margin.Explore Fusion ERP Analytics
Manage, control, and easily perform day-to-day merchandising activities, including purchasing, distribution, order fulfillment, and financial close. Manage inventory across every shopping journey, not just a single store or channel.Explore Retail Merchandise Operations Management
Patrick Bohannon, Vice President, Oracle
To keep pace with the unprecedented change in consumer behavior, retailers adopt new operating procedures spanning from labor to buying, forecasting, and merchandising. The impact is felt at the corporate level and in retailers' bottom lines. Retail chief financial officers must quickly adapt to these trends or face a further assault on margins.Read the complete post