A financial solution that grows with you
Real-time analysis and visibility
Due to the innovative financial model provided by our Link™ architecture, Unit4 Financials delivers complete financial transparency – through real-time business analytics – to senior management and to all corners of the organisation, where such information will add value and help you to drive your business forward. All store transactions are held in great detail, enabling an unbeatable level of analysis, even down to individual product lines – by period, by week, by day, by store. The financial model is ideally suited for the information demands of the retail sector, delivering an unprecedented level of real-time analysis and visibility.
Unit4 Financials can be installed centrally and accessed online via a web browser, so all your store managers can view performance in real time – delivering complete financial transparency. You are able to track profitability and make well-informed decisions, in the assurance that the reports are as accurate as they can be; always using the latest information.
In addition to customised, up-to-date reports, because the Unit4 Financials system contains all the figures in a single chart of accounts, everything required for IFRS regulation reports is easy and quick to access.
Integration with merchandising and EPOS
Our financial management solutions seamlessly link your financial systems to your merchandise and EPOS (electronic point of sale) environments, giving you:
- the missing link between EPOS and finance
- user-definable integration facilities between core business systems and Unit4 Financials
- the ability to analyse sales and purchasing information by user-definable analysis categories
- service ordering facilities
- the ability to handle concession accounting
- sophisticated high-volume invoice matching facilities
- the ability to view information daily or weekly, yet report monthly
- the ability to summarise item information at user-defined category levels
- accurate business intelligence in real time.
One of the most under-automated and under-controlled functions in many retail organisations today is the process for managing indirect expenditures. Indirect expenditures constitute items and services consumed in the normal course of operating a business, such as: office supplies, store fixtures, IT equipment, software, maintenance supplies, cleaning supplies, professional services, real-estate services and other outsourced services. Although indirect spend isn’t the largest expense category for most retailers, it can be ripe for savings and process efficiencies. Hence, indirect spend automation represents a “low hanging fruit” opportunity for companies looking to increase earnings relatively painlessly. The beauty of indirect spend savings is that savings fall directly to the bottom line, without closing operations or leaving you to agonise over layoffs. You can increase earnings per share – without increasing revenues or enduring painful cost reductions.
Unit4 Financials offers you a truly end-to-end spend management solution, covering the whole cycle from requisition through to payment. Our Spend Management module reduces costs by providing fast, controlled, online access to key procurement functions to all employees, and also delivers accurate budgetary control over expenditure. It helps retailers establish controls and consolidate purchasing activity across all stores, and positions you to leverage the full buying power of the organisation.