In the previous blog, you have learned about the challenges a departmental store & nbsp; owner has to face while opening a store or while enhancing the existing store as per market demand.
But, this blog fills the gap between the store challenges and helps you in finding the right software solution. With this blog, you will capable enough to align the business challenges that ensure your success. Apart from this, you will get an idea of how you can run your departmental store with software and get the maximum benefit from it. Here, we will connect your departmental business challenges/needs to SwilERP software and discuss its solutions and features in detail. It will give you an approach to managing a retail departmental store smartly.
Get departmental store improvement ideas and business strategies with SwilERP
In the retail/wholesale business, every little detail matters. For consumers, it is just a process of picking the item that is limited to its payment. But for a departmental store owner, it is a complex task.
It involves keeping a stock of daily items, maintaining their proper supply, looking at their pricing and product details, and maintaining a lot of related things until the product’s final delivery.
Adopting the right departmental software solution is a powerful way to set up your store or store chains. It gives you a powerful insight into running a business wisely.
It automates the operations involved in the management of stores, including maintaining stock flow, financial accounting, billing and handling business marketing, and more.
Let us explore more about the features of SwilERP. And know its solutions for better management of the departmental store.
Attract more sales in your departmental store
In the case of a departmental store, you never know what is running in your customers’ minds. Also, you are not that much smart that you can guess what’s next demand of your customer. But, if you’ve such a system that well capable of handling your customer’s demand then, it is an ideal combination of perfect quality stocks and smooth service.
It ensures more sales and profits. But without the help of technology, it is difficult for the departmental store owner to deliver all the shopping goodness on one plate.
How does SwilERP help? And what does its sales management facility do?
SwilERP is famous for its handy services, which are easy to use and understandable for both tech and non-tech savvy.
It provides seamless sales management features such as inclusive management of stocks and their final delivery by monitoring high-class customer service. The software focuses on providing the best features that help in the enhancement of business sales.
- Sales Invoice
- Service Invoices
- Sales Order Verification
- Sales Debit Notes
- Sales Credit Notes
- Convert Order to Invoice
- Convert Challan to Invoice & more.
Manage purchases in the departmental business
In running a successful departmental store, purchasing the right goods, and establishing smooth communication with vendors is vital.
You cannot move a single step if your store has not filled with quality products, trendy products, and continuous delivery in your departmental store.
Manually, it becomes complex and error-prone to collect data about your vendors, products, and demands. This way, it may be an obstacle in enhancing your business profits. For this, you have to have a software solution that comes with a proper purchase management system.
How does SwilERP help? And what does its purchase management facility do?
The development team of SwilERP knows the importance of the right purchasing system in a departmental store.
SwilERP follows procurement strategies to make cost-effective and less time-consuming purchasing decisions. It smartly saves your vendor’s details and manages the on-time delivery of quality products.
This way, it offers a continuous assessment of purchases and optimizes the way retailers handle their purchases. It offers the following services for any size company –
- Purchase Invoice
- Service Invoices
- Purchase Order Verification
- Purchase Return
- Purchase Debit Notes
- Purchase Credit Notes
- Calculate Sales Rate
- Reset Sales Rate & more.
Facilitate your departmental store with easy billing and checkout process
Billing is critical to every departmental store, and it is an area of concern. Without correct billing, you cannot imagine an accuracy in the entire business that leads to dissatisfaction in the store staff and customer too.
It helps businesses handle their accounts and finance and plays an important role in tax filling. Having billing software not process your billing only but also facilitates in achieving the accounting goals.
How does SwilERP help? And what does its billing management facility do?
SwilERP comes with a comprehensive and flexible billing system. It makes the billing easy and smoothens the customers’ checkout experience.
Also, SwilERP provides its users with an easy GST filing and invoicing system. It uses a GST compliance point (POS) system that simplifies the way customers pay for their goods. It monitors your business and alerts you on pending bill payments.
This way, it gives direction to business and contributes to the growth of your business. While billing or making payments, it offers the following services to increase flexibility and security –
- Payment
- Payment Entry
- Cheques Cleared
- Pending Purchase Bills
- Payables
- GST Summary Data
- GST Forms (For Offline Tool)
- GST Forms (For GSTN)
- GST Return (Karvy)
- GST Query & more.
Maintenance of departmental store stocks
Inventory management is essential for stores, especially in stores where large stocks are present. Here there are various types of work from maintenance to means. Stock maintenance works range from collecting stock information to its availability and unavailability. Also, it alerts about real-time stock updation, settling them on the ground, and more. A proper idea and technique are required to make the store productive and profitable. Without management, a store inventory is like a mess. Therefore, executing the correct inventory management is a requirement of the business. It will protect your departmental store from damage, remove deadstock, manage your supply chain, and protect you from running out of stock.
How does SwilERP help? And what does its inventory management facility do?
SwilERP has an efficient inventory management system that facilitates quick inventory updates to the staff so that they can better serve customers. You can easily manage your stocks through SwilERP’s Master’s feature. In Masters, you can add your products by defining its category and also get convenience along with other features based on your needs. Here you get options-
- Product
- Product Category
- Tax Category
- Product attribute
- Stock Location & more.
Also, it helps you to view your product-wise and category-wise reports through the Reports section. This way, you can easily determine the level of inventory and make strategic decisions accordingly.
Hassle-free cheques handling in departmental store
The department store business needs to know how much cash you took in a day, when and who paid or was paid, and you can also record the type of payment, such as a safe drop or inventory purchase. It is an essential part of the business that ensures cashflow. Thus, having a correct technology system that handles issues related to your check is essential.
How does SwilERP help? And what does its cheque management facility do?
SwilERP is featured with an efficient POS system and gives its users a smart solution for bill management, invoice management, and check management, and more. It alerts you on which date you received the check, and when you have to deposit it in the bank. Also, it facilitates the supplier to issue advance checks, advance checks received from customers, and adjustment of pending checks on billing. In this way, it gives you a hassle-free way to manage your store check payments.
Facility to track orders
Order tracking is essential as it determines the successful delivery of items. Also, it alerts the departmental store owner about any mishappening in the delivery of items. It is helpful in fraud investigation, inventory tracking, and centralized order management. Thus, tracking of items becomes easy with the help of a robust order management system.
How does SwilERP help? And what does its order management facility do?
SwilERP has integrated with an order management system that allows store owners to manage orders across stores or store chains. It provides its users with an intelligent platform that improves the operational efficiency of customer orders. It ensures customer satisfaction through the following features-
- Order processing
- Customer service/CRM
- Forecasting
- Purchasing
- Inventory management
- Warehouse management
- Marketing
- Accounting
Accurate report generation functionality to manage departmental store data
The report informs managers of various aspects of the business. With this objective, the business helps to make better-informed decisions. Reports are set to collect data from various departments of the company, track those data, and gives users a better performance understanding.
How does SwilERP help? And what does its Reporting feature do?
SwilERP helps businesses by its reporting feature to make well-informed business decisions. These reports give you a quick visualization of store data. It analyzes the data collected from your inventory, store sales, eCommerce sales, marketplaces, and customers. And then, make you able to make better business plans. This way, it adds valuable insights into your departmental store business. The software’s Reports section mainly involved in providing-
- Sales Reports
- Purchase Reports
- Transaction Status Reports
- Accounts Reports
- Inventory Reports
- Profit Reports
- Customer Reports
- Daily Summary Reports and more.
Secure your departmental store data with backup functionality
Data plays an important role to drive future business improvements. In a departmental store, a backup strategy ensures that you have your previous data in your network, where you can easily access it when needed. Also, you can stop the unauthorized access and may use it for future business plans. It is a strategy of data protection.
How does SwilERP help? And what does its backup functionality do?
SwilERP knows its effectiveness and comes with Data Backup and Log Backup options. It ensures retailers that their valuable information is secure from theft, damage, or the effects of a disaster.
Establishing discounts, coupons, and loyalty programs in the departmental store
Coupons play an important role in attracting customers into the departmental store or store chains. It makes the brand popular among the end-users. Also, it brings in new customers to the store.
How does SwilERP help? And what does its discount management do?
SwilERP discount management applies various sales promotion techniques in the store to attract sales. It draws an effective rebate management system for your business. It works on quantity discounts, seasonal discounts, cash discounts, and more as per the retailer’s requirements. This way, SwilERP has various promotional techniques with the following options-
- Sales Promotion
- Purchase Promotion
- Coupons
- Sales Discount Master
- Purchase Discount Master
Handle credits in the departmental store
A credit limit is an essential feature that lets you specify the maximum amount of credit to extend to your customers. In simple words, it is the maximum amount of credit that you are willing to grant a customer. If the credit limit is exceeded, a message is displayed to the user.
How does SwilERP help? And what does its credit limit feature do?
SwilERP gives a credit limit feature that helps retailers to make large purchases and increase the rewards. It provides you careful analysis and then establishing appropriate credit limits. This minimizes risk exposure and maximizes revenue and cash flow.
Handle multiple store outlets of departmental store
Running any retail business is a challenge, and it requires more thought and effort to open new store chains and run them successfully. For this, you need Skillful Employees, optimize inventory, and standardize all your stores. You also need the right software solution that gives you a tool to manage your multiple stores.
How does SwilERP help? And what does it handle multiple retail outlets?
SwilERP comes with a robust solution for multiple store concepts. It gets involved with many business operations easily and becomes manageable for all retail owners. These tasks include-
- Manufacturing
- Distribution
- Inventory
- Purchasing
- Replenishment
- Point of sale
- Finance
- Customer management
- Employee management, & more.
Handle and organize the right logistics & distribution system in departmental store
Logistic and distribution management is essential for any business. Thus, adopting a new approach to deal with the rising demand is vital. It maintains the business flow so that the right product reaches the customer within the specified time.
How does SwilERP help? And what does its logistics management and distribution management do?
SwilERP is an efficient solution provider for logistics and distribution based operations. It facilitates several key activities of the supply chain that covers the development of the product to its final delivery. Also, it provides a one-stop solution to manage the distribution model of any retail business. The functionality of SwilERP software that helps departmental store in managing logistics management and distribution system-
- Processing customer requests
- Sale Order Processing
- Purchase Order Processing
- Inventory management
- Supplier management
- Sales and distribution
Except for the above solution, the SwilERP provides some other important solutions that take your business to the next level of enhancement. Let’s have a look into SwilERP’s departmental store problems & solutions.
Paytm integration
SwilERP department store software now comes with a Paytm integration feature. This facility provides more flexible payment options to your departmental customers. Using Paytm Payment Gateway does not obligate your customers to use Paytm or related products only to make payments. Paytm offers SIX ways in which customers can pay. These modes include:
- Paytm wallet
- Bank Account through UPI
- Debit or credit card
- Net banking
- EMI option on the card
- Paytm postpaid
Integration with Paytm provides a familiar way of payment for your store customer. There are no concerns over the customer’s end of payment. It offers secure payment with a high industry success rate, easy checkout with a saved card, and real-time bank settlement.
Integrated with delivery management system software
For maintaining the contact-less service, SwilERP is now coming with delivery software. It ensures the right system for the on-demand economy. With it, departmental store owners can cut extra steps in their delivery workflow and offer better service to clients. Also, it provides-
- Real-time tracking of drivers
- Improved communication within the delivery process
- Benefits of delivery route optimization
- Efficient order management
- Enhance customer communication
- Increase Customer Satisfaction and Retention
- Insightful Analytics
- Save Money and Time
- Reduce the risk of incorrect delivery
B2C Solution: SWIL Mart
SWIL Mart is a self-hosted E-commerce solution with next-generation technology that enhances your in-store browsing experience with easy checkout derivatives. It is an E-commerce platform that gives your business a new way of doing business. If your budget is low on making your own mobile application for your departmental business/store/store chains, it is advised to take SWIL Mart as your B2C app.
What makes SWIL MART a successful E-commerce platform
- GST Compatible
- Multiple Location & Live Stock Management
- Image Customization Available
- Order Management
- Order Tracking Management
- Delivery boy Management app
- Compatible with Android and IOS Operating system
- Compact Peripheral Devices
- Integrated with different Payment Gateways
For more information go to- https://www.swindia.com/swilmart/
Bottom Lines
In the market, you will find many software solutions that have been developed to manage departmental stores or chains. It will be available at various prices and benefits. But what matters most is the choice of software that best suits your usability criteria. One mistake can lead your business to a win or loss situation.
SwilERP is a reliable software solution and has been in the retail/wholesale market since 1994. The most attractive thing about its development team is that they always update the software according to the market demand. And are also involved in customization when requested by the users.
As we are going to enter the year 2021, you will definitely be expecting an improvement in departmental store sales. Thus, we recommend you to choose SwilERP to face future challenges.
