NEXWAVE FOR RETAIL

Retail companies rely on ERP (Enterprise Resource Planning) solutions to efficiently manage your diverse operations and deliver an exceptional customer experience. What you need from an ERP solution is the ability to seamlessly integrate various facets of their business, including inventory management, point of sale (POS) systems, e-commerce platforms, and customer data. Retailers require real-time inventory visibility across all channels to prevent stockouts and overstock situations, while also enabling accurate demand forecasting. Additionally, you need robust analytics and reporting tools to track sales, analyse customer behaviour, and make informed decisions about pricing, promotions, and product assortment.

With NexWaveERP for Retail you can have an ERP solution that:
‍
-Optimises procurement & supply chain operations
-Enhance retail operational efficiencies
-Improve inventory accuracy
-Integrated POS solution
-Provides your business with accurate information on the entire retail landscape

Accounting

Accounting is at the core of the NexWave ERP solution. This suite offers real time information to all your accounting transactions. It includes a flexible Chart of Accounts, Management Accounting dimensions, Budgets, Journals, Accounts Receivable, Accounts Payable, Bank Reconciliation and Fixed Assets.

Order Management

Drive revenue growth and increase productivity through the NexWave Order Management module. The solution offers an integrated sales order management suite covering orders, Picking Sheets, Despatch Notes, Blanket Orders & flexible pricing options.

Procurement

Managing your procurement cycle is critical to controlling your costs. The procurement suite offers your team RFQs, Requisitions, Purchase Orders and Supplier portal functionality.

Inventory

Managing inventory is extremely critical to any product-based business, thus eliminating stock outages. The Inventory module ensures stock availability is managed while ensure over stocking is reduced. The suite allows for the management of serialised, non-serialised, batch-controlled items as well as non-stocked and product variants as well as tools for stock takes and inspections.

CRM

Managing both your marketing campaigns and your sales operations within one solution allows for detailed analysis of your pre-sale operations. The suite offers features for Marketing Campaigns, Lead tracking, Opportunity & Quotation management, and full pipeline reporting.

HR

Employee lifecycle management is easily supported through the native onboarding, attendance and leave management options. Other employee related activities can also be managed through the core HR functions.

Analytics

Managing your business using metrics ensures you can measure and analyse by fact. NexWaveERP offers native dashboard, KPI scorecards, Kanban’s, and graphical reports. Custom reports can also be easily created.

Point
of Sale

Running your retail operation requires a robust point of sale solution. NexWaveERP offers a native online POS system that is integrated to leading payment gateways for processing the end-to-end transaction.