Web Marketplace Integration Relies On Integrated Accounting
Recently, Multidev Technologies announced a new addition to the ChainDrive Integrated Retail Management Software platform: Web Marketplace Integration. This is a natural progression for the retailer, because as shopping becomes multichannel, so must those who sell their goods to the shopper.
Keeping Track of the Numbers
With all the possible sources of revenue and expense, it is vitally important to keep track of the numbers. ChainDrive’s Integrated Accounting software does exactly that — the retail-centric system brings automated functionality to complicated processes, streamlining and simplifying what was once a laborious task.
Imagine trying to balance the books when the day’s sales are occurring across the globe, in many time zones, and through an assortment of channels. Once that would have been unthinkable, but today that is how retail works. Because technology has removed boundaries, shoppers have moved into a dynamic interaction with retailers that isn’t defined by brick and mortar.
The ChainDrive Centralized Database
With ChainDrive’s Integrated Retail Management solution, all the components work together from a centralized database. The integrated accounting software automatically collects and accurately leverages the numbers the way your business requires. This centralized database and the components that are integrated with it combine to remove the boundaries that once confined retailers and sets them free to meet the shopper at the point of sale, wherever that may be.
Integrated Accounting uses features like the tri-dimensional GL, lease management, cash audit, invoice matching, commissions engine, and automated bank reconciliation to accurately capture and track the numbers. This functionality provides the tools needed to integrate the Web Marketplace as well as the many other channels retailers now utilize.