The business scenario in retail industry is dynamic. There is need for a sophisticated and scalable solution that helps in forecasting and planning the seasonal requirements, offer rebates & discounts and replenish the stock accordingly. It is critical for a retail store to have their financial, human resources, and manufacturing processes integrated at its corporate headquarters, retail locations, and manufacturing facilities. Quick decision making requires systems capable of analyzing data in even quicker time.

Achieving optimization of inventory across the stores and minimal inventory at central location at minimum costs is the need of the day. Most of the Retailers are interested in growing the business by adding multiple stores, but are constrained by non-scalable systems, lack of instant access to real-time and consolidated financial information and control at the Head Office. A centralized system, with a powerful back end, that facilitates the business growth by optimizing inventory, cash flow, human resources, synchronized business processes and provides control & visibility is the key for success.

Paritas' retail solution is aimed at addressing the above needs and challenges.