Introduction to SoluRi+
SoluRi+ (Retail Intelligence) is a turn-key solution which is adapted to retail and wholesale markets. It allows organizational performance management of manufacturing and distribution enterprises.Thanks to dashboards, predefined strategic reports and Ad-Hoc reporting functionality, SoluRi+optimizes the decision-making process in any areas pertaining to retail such as inventory tracking, sales, distribution, client services and sales representatives performance all using multi-dimensional axis such as time period, regions, product types, and sales total amount. All dashboards and indicators are classified in such a way that it is intuitive to use in today’s business requirements.
Our solution allows business decision makers in capitalizing on the internal informative resources and so improving the management of their assets.
SoluRi+ is a solution based on proven and tested open-sources technologies. There is no associated software license cost at the purchase of the solution.
In final stage of development, SoluRi+ version 2 offers extensive improvements, innovations and flexibility while remaining user-friendly.
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UNDERSTAND, PLAN, PUT IN ACTION
The amount of data contained in disparate heterogeneous company systems often results in under-utilization of the informational potential yet existing within the organization. Just like for large organizations, the challenge for SMEs is to have a global vision of the company to act effectively and in a timely manner, regardless of their industry. Decision making is crucial to organizational performance and it must take into account possible issues related to various business activities. SoluRI+ meets the needs of today’s SMEs allowing an overview of the organization’s performance through user-friendly, interactive and mobile business intelligence tools. Thanks to dashboards, management reports and sophisticated data mining capabilities, SoluRI+ allows SMEs to respond quickly and optimize their performance. SoluRI+ provides a complete and modular solution which SMEs need to control its financial and operational performance.
A GLOBAL VIEW OF YOUR BUSINESS PROCESS
SoluRI+ is a turn-key solution designed for organizational effectiveness that supports strategic decision-making by monitoring the performance of all activities of the company (marketing, production, distribution, inventory, sales, purchases, customers …).
USER-FRIENDLY, INTERACTIVE AND MOBILE DASHBOARDS
Check the balance of corporate management information with a simple glance on the dashboard and analyze your data with reporting capabilities and integrated drilling.
DELIVERED INFORMATION ACCORDING TO YOUR STRATEGIC NEEDS
Custom interfaces can disseminate management information adapted to several levels of the corporate hierarchy. Each user has access to the meaningful indicators needed for his decision-making process.
A MODULAR SOLUTION
You can opt immediately for the full suite of available modules or acquire only the modules you need today. Such flexibility allows you to “plan big and start right away”. This is the right strategy to quickly address the urgent needs of your project activities and adapt to the constraints of budget and IT resources.
With the Sales Follow-Up Dashboard, you can examine your company’s performance on a regular basis and rapidly monitor sales details. The sales breakdown into territories and/or product categories provides an accurate vision of the different sectors of activities for the company. Using the time filters, the user can filter the data in different time period allowing quick comparison of sales or gross margin on different periods of time. You will be also able to evaluate the impact volume discounts and see which of the customers profile generates the more sales.
With the sales and margin analysis modules, you also have access to many more key performance indicators and tools such as the Orders Dashboard, sales report per territory, product category, brand and even colors. Ad-hoc report creation tools allow you to create more complex report based on the same source and targeting specific data.
INVENTORY STOCKS OPTIMIZATION
Inventory tracking allows getting global picture of stocks, and answering the essential questions. How many units are there in the stock, how much are they worth and how are they distributed in terms of product lines or original suppliers? What is the inventory turn-over? What are the products that require immediate attention? (stock too low or stock is never moving). Inventory browser provides the situation for a specific product thanks to the integrated search engine.
The inventory optimization module also gives you access to supply management indicators. Easily measure and analyze your purchases from your suppliers, through preset reports as well as ad-hoc creation capacities adapted for purchases and inventory.
BUSINESS DEVELOPMENT CONTRIBUTION
With SoluRI+, monitoring the efficiency of your field representatives becomes easier. Discover if the objectives are met and if the margins generated month by month exceed the salary cost. You can also check if the sales effort is fairly shared between sellers and which one of them contributes the more actively.
Representatives also have access to a custom dashboard which allows them to track their individual results and estimate the final commission amount which they may expect.
SoluRI+ comes with a simulation tool which you can usually find only in large companies. Manipulate a few variable parameters to create and try “what-if” scenarios based on your actual data. What happen if the sales leved decrease by 2% and if suppliers increase their goods cost by 8%? If I adjust the retail price according to those variables, what are the business figures and margin I can expect? This simulation will help you planning your supply in a more intelligent way and adjust your sale strategy.
ANALYTICAL AND AD-HOC CAPACITIES
One of the major assets of SoluRI+ is to offer to the most curious users the possibility of analyzing more in depth some of the figures by slicing and dicing different data. With a very simple interface, in a few clicks a user can create a powerful cross table without advanced knowledge of computer science. Once the analysis done, it can be saved and reused with updated data from the next day. Export to Excel or PDF to rework the results and to share with other managers.
Business Intelligence, is it really necessary?
You can judge for yourself. We often use the analogy of piloting an airplane. We start flying knowing the weather conditions and forecast at that time. If the conditions change, we rely on the cockpit indicators to know if the plane going to be able to make the journey successfully with precise answers to questions like: Do we have enough fuel? Are we at the right altitude? Are we going in the right direction?
In business, the market conditions are no less dynamic so it is essential to have reliable, readily accessible data to run a company, increase performance and surpass the competition.
Is SoluRi + replacing my actual ERP?
No, quite the opposite actually. SoluRI+ extracts data from your current ERP, your invoicing application and/or your accounting system to assemble and produce the most useful information possible for you to make decisions. It completely respects and works with your current software and the daily processes of your business. SoluRI+ is an excellent complement to your existing systems and has the singular goal of giving you the best information possible for you to make better decisions.
I am afraid we won’t have enough data to feed SoluRI+.
Even with legacy or simple invoicing systems, it is possible to get high value information to decision makers. SoluRI+ allows information from legacy systems to be augmented with information from simple files or Office Automation Tools (e.g. Excel). Additional information can be created in an Excel document (for example: sale objectives for sales reps) and then easily stitched together by SoluRI+ for complete reporting.
Do I have to provide the data in a particular format at a particular frequency?
No. SoluRI+ strives to be as independent as possible. During the installation and analysis, our team examines your data and identifies the key elements to collect for SoluRI+ . After this step has been validated the loading process is automatic and SoluRI+ collects your data a minimum once daily.
I do not want to share critical information with the entire hierarchy…
… and this is normal. SoluRI+ integrates user authentication with multi-level rights management. It is possible to control access to reports and dashboards, restricting access completely or to specific elements from a user or the group of users. It’s also possible to limit what is displayed based on the user’s role. For example: the company’s sales dashboard could be accessible to the sales manager whereas sales representatives would only see the sales data of their clients.
SoluRI+ does not have a licence fee, is this solution free?
There are no cost associated with the utilisation of the software from a user perspective. You could register 1 or 100 users without affecting costs. The cost of SoluRI+ is based on the system installs. The cost of SoluRI+ essentially lies in implementations (system installation, data analysis and connecting to SoluRI+ ). This cost depends on the business modules that interest you. There are 7 modules in total and they can be purchased separately. (See presentation for more details).