Analyze your retail data to deliver differentiated customer experiences.
Adeptia helps retailers maximize profit margins and puts cash back in their pockets. There are 3 areas where Adeptia’s retail data integration solutions provides significant value to our retailer customers:
1) Helping them meet early payment discounts.
2) Making supplier onboarding up to 80 percent faster.
3) Supporting accurate supply chain chargebacks.
Sometimes, suppliers of merchandise will offer retailers a discount if they pay an invoice within 10 days instead of 30 days (as an example). The problem is, it’s not always so easy for retailers to pay within 10 days, especially if invoice processing is not 100 percent automated, as is the case when they’re receiving invoices in multiple formats (EDI and non-EDI) and manually mapping the data for processing within back-end systems.
Retailers must connect to an ever-shifting base of suppliers, distributors, value-added networks (VANs), and managed service providers (MSPs). The EDI format is a standard in retail, but not every supplier can “speak” EDI, especially small “mom and pop” businesses with low technical capabilities.
Retailers must have a way of assessing fines or chargebacks to supply chain partners who don’t meet their commitments. Shipments that arrive late or not at all, invalid Advanced Shipping notices, damaged shipments, or shipments that go to the wrong location all cost retailers real dollars. Instead of absorbing those costs, retailers can bill their suppliers for the time it took to correct the problem. But that can be difficult or impossible — especially if data from multiple sources has to be correlated.
Retail businesses have undergone a metamorphosis in the last five years. Self-service data integration and automation can make the difference between becoming a butterfly or staying a caterpillar.
The rise of new technologies and new “digital” ways to connect with customers has transformed the retail sector. Everything has changed from the way retailers interact with customers and how they handle their data streams to meet the rising demands and requirements of customers.
Every dollar counts when you are running a business. This shouldn’t come as a new or surprising concept, but given the myriad solutions retailers have at their disposal today, it might be unexpected to learn that technology bottlenecks could be costing retailers millions of dollars when it comes to efficient enterprise business integration.
We used Adeptia’s software to give us more flexibility with reporting, automation, our e-commerce experience, CRM, and sales forecasting. We feel that the Adeptia team is a true business partner in every sense of the word, delivering the project on time, scope, and budget, and always going the extra mile.
Marketing Communications Manager, Findaway World
