Propel your growth with AI-powered Business Intelligence Software
Business Intelligence Systems
Posibolt's business intelligence software will help you transform the way you understand your performance, plan for the future, and make decisions. Get insights into your sales, purchases, and inventory management, and keep track of your KPIs and overall performance with our robust retail analytics solution.
With Posibolt's Business Intelligence Analytic software, you can:
Make Confident, Fact-Based Decisions
Identify Business Opportunities and Stay Ahead of Competition
Track Your Performance
Identify Problem Areas for You to Focus On
Set Performance Benchmarks With Retail Analytics
Streamline Your Operations
Share Reports Across Your Organization
Improve Your Profitability
With retail business intelligence software comes a deeper understanding of where your business is performing well and where it can improve, better information about your customers, real-time data on your operations, and increased focus on your finances and KPIs, resulting in increased profitability and revenue.
Are you ready to take your business to the next level of growth? Get started with Posibolt’s Business Intelligence Solution for free!Get Free Trial
Here Are Some More Things You Can Do With Our Retail Analytics Solution :
Comprehend Complex Data in Seconds
Reading and making sense of rows of numbers is no longer a crucial skill for business owners. Say goodbye to headache-inducing figures and hello to advanced charts and graphs that let you take in your performance at a glance.
Evaluate Your Employees
If your retail strategy involves sales reps, you would certainly want to know how effective they are, wouldn’t you? Use our BI reports to evaluate the performance of your sales reps across different time periods, in different stores, and with different products.
Identify and Promote Underperforming Products
Use the stock aging dashboard to study the age of your stock across organizations, product categories, and brands, identify slow-moving and fast-moving items, or overperforming and underperforming organizations.
Use your insights to plan promotional activities and improve the sales of slow-moving items or gain extra value from fast-moving items.
Optimize Resources with Inter Branch Stock Transfers
Use historic sales data to predict future sales and stock shortages and make the most of your existing resources by transferring inventory between your branches with the help of the stock dashboard.
Track Irregular Activity at Cash Counters
Identify tills (if any) that aren’t balanced and track irregularities to see whether there are repeated discrepancies associated with a particular till or cashier.
Monitor Your Purchases
Compare your purchases over different periods and find out how much you’ve been spending on each product category, which product categories you’ve been spending the most on, how much you spend with each supplier, and who your top suppliers are.
Inspect the Performance of Every Item
The secret behind a good sales strategy is high-quality sales data, and that’s exactly what you get here. Dive deep into your item-wise sales data and understand how each product performs in different time periods, in different stores, and at different prices.
Also learn which brands sell better, and compare the sales across different colors, sizes or styles with our powerful retail analytics solution.
Know Your Customers
Your customers are one of your most valuable assets, and it is crucial that you understand them in greater detail. Use our business intelligence analytics solution to learn more about the demographics, purchasing power, preferences and behaviors of your customers.
Monitor Your Cash
Monitor the activity at your cash counters with cashing up reports that give you insights into how your cashiers handle cash or what payment methods your customers prefer, and compare the balance across your tills.
Focus on Financial Metrics that Matter to You
Get customized dashboards displaying the financial metrics that you want to track, such as the 13-week cash flow forecast. View profit margins by pricelists to evaluate the benefit to your organization.
Optimize Your Sales
While getting a summary of your sales performance is nice, it isn’t enough for strategizing or optimizing your revenue. With our business intelligence analytics, you can view and compare your sales by year, quarter, or even month.
You can also compare your sales in each of your stores, and identify which product(s)/product categories are generating the most sales. Or measure your sales by period to compare how you performed during peak sales periods across years. Identify cross-selling opportunities, uncover consumer trends, and set up promotions to convert slow-moving stock - the options are endless.
Compare Your Purchases Against Your Sales
Compare your sales and purchase data against each other to get fresh insights into your performance. Our retail analytics solution lets you compare the sales and purchase metrics you want to focus on, such as gross profit, profit, purchase quantity, sales quantity, purchase price, sales value, etc.
Monitor the Sales Metrics You Care About
Get custom reports and dashboards to highlight the sales metrics you want to focus on such as sell-through rate, average purchase value, or items per purchase, with color-coded graphs to bring underperforming and overperforming metrics to your immediate attention.
Identify Consumer Trends
Get sales reports by brand, color, size, and style to identify consumer trends and take advantage of these insights to customize your product range accordingly.
Get unprecedented insights, visibility, and control over your business with Posibolt’s retail analytics softwareTry for Free
Take a Look at Our Software for Business Intelligence
It is used for evaluating sales performance and making business decisions, to check in on progress toward sales goals and organization's targets. Shows the increase or decrease in sales revenue of two different time periods, showing whether or not a business is growing in the right direction. To know the current sales trend of products and customers.
Dashboard that shows the key metrics about the status of items in stock. How long each item in stock spends in storage before being sold and to analyse the costs of maintaining the quality of items in warehouse and focus your attention on slow moving items in store and improve decision making on the timing and quantity of product purchases.
Purchase dashboard having information of product purchased from vendors and quantity of purchase made for particular product from different vendors. shows comparison of product purchased with previous years, month and quarter wise product quantity and amount.
To review stock levels and adjust or move stock as needed. dashboard include metrics that show the state of your stock such as items or products approaching out of stock or with excess quantity.
used to improve and speed up its product purchasing and inventory planning strategies,
and it can reduce the chances of financial loss due to poor tracking.
Email us at in**@po******.com, WhatsApp at 91 87141 13166 or visit www.posibolt.com for more information
Learn More About Business Intelligence Softwares and Retail Analytics
What is business intelligence software?
Why use software for business intelligence?
What are the benefits business intelligence software brings to a business?
Fact-based decision making
Monitoring KPIs and tracking progress
Comparing performance against industry benchmarks
Spotting and resolving issues early on
Improving processes and streamlining operations
Identifying trends and capitalizing on opportunities
Increasing revenue and profitability
What are business intelligence tools?
What does retail analytics mean?
What kind of analytics can be done on retail data?
Descriptive analytics - This is done by merging data from multiple sources such as POS systems, inventory management systems and ERP systems to generate reports and provide valuable insights into the current working of your retail business.
Diagnostic analytics - This is done by using statistical analysis, algorithms and machine learning to find correlations between data points and anomalies, if any.
Predictive analytics - Predictive retail analytics uses the information from descriptive and diagnostic analytics to understand the factors affecting business, identify patterns and predict future trends.
Prescriptive analytics - This is the most advanced type of retail analytics and uses complex machine learning and algorithmic AI to understand the connection between actions and outcomes, and then gives retailers recommendations on what they should do to improve their revenue/profit.