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Merret BI & CPM, powered by BOARD – Retail Business Intelligence & Corporate Performance Management

Merret BI & CPM, powered by BOARD, is specifically designed for retail and to enable retailers to address the challenges they face through sector and activity-specific business reporting and workflow, plus budgeting, planning and forecasting.  It is supplied as an end-to-end solution with a retail-ready toolkit of reports ensuring a cost effective, all encompassing, fast track approach to gaining the highest levels of retail BI & CPM.  

“Merret BI & CPM has allowed us to consolidate our information into a single, integrated solution and displace multiple systems, Hyperion,  Business Objects, Arthur Planning and a multitude of spreadsheets, giving the users much more faith in the results”,
Martin Schofield, Retail Operations Director, Harvey Nichols

In the current climate retail business intelligence is a “must have”. You need access to vital information so you can react quickly and make more informed decisions. You need to know exactly what’s happening across your business and you need insights fast, not based on last week’s or last month’s data.

A big problem, however, is that BI and performance management software is often sold as a toolkit that needs installation, configuration, extraction, translation, load and report definition just to get started – requiring major programming. This is a big drain on time, costs and resources. Merret BI & CPM powered by BOARD offers a better way and is programming free: an end-to-end retail-focused solution that ensures a cost-effective, fast track approach to retail intelligence. It allows you to drill down into key lines, check stock in individual stores and performance of specific items, plus much more, giving you the facts that critical business decisions should be made on.

An ‘out of the box’ programming-free solution, no other product delivers the same levels of targeted retail functionality and performance coupled with ease of use.  It combines world-class business intelligence and strategic performance management functionality with built-in data access, data extraction and retail-specific reporting – to deliver rapid business benefits and sustained ROI.

“Providing evidence of ROI is something we take seriously.  The insights BI systems provide empower the right people at the right time with high-value information, from CFO to warehouse manager, and enable store staff to work more effectively, with renewed customer focus, and sell more. Benefits run all along the supply chain; BI systems should be measurable in improved merchandising, in more effective promotions and markdowns, in tight-as-a-drum stock control. Benefits can also extend into areas like marketing, HR, the store estate, and even energy management (lower bills, supporting CSR policy),”
Nigel Illingworth, Product Director, Retail Assist

You can identify issues and trends quickly and easily, drawing on the most user-friendly, functionally rich and performance-tuned BI and CPM capabilities available:

• Analysis and reporting
• Scorecarding, dashboards and KPIs
• Budgeting, planning and forecasting
• Profitability modelling and optimisation
• Activity-based costing

• Simulations and ‘what if?’ analysis
• Financial consolidation
• Automated group reporting, eg P&L, BS, cash flow
• Compliance
• Monitoring and audit

Merret BI & CPM can be used immediately at all levels of the business, with new insights available and improvements possible in hours rather than weeks or months.  For more information and to request Retail Assist’s retail BI & CPM fact sheet, please call 0115 853 3925 or email info@retail-assist.com.

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