Specialty Financial Performance

The Retail Financial module for 20/20 allows specialty retailers to accurately rank stores by financial performance, compare actual expenditures to planned budgets, and ensure that each store is adhering to corporate standards.  This module requires the standard 20/20 Retail solution.

Improve Financial Performance

The Financial module for specialty retailers is designed to improve your organization’s chance of reaching, and exceeding financial goals by monitoring financial performance.  It does this by analyzing KPIs that impact revenues, profits, and margins.  It provides insights that allow you to ensure that your chain continues to reach its financial goals by identifying areas of improvement and resolving issues before they impact your financial statements.

Rank Stores by P&L Line Detail

Along with helping to improve financial performance for your entire chain, 20/20 Retail allows specialty retailers to rank stores by P&L line details and compare them with other stores in their peer group.  Using these insights, users can easily see which stores are performing poorly from a financial standpoint and are in need of intervention, which stores should be rewarded for going above and beyond, and which stores need a little help getting to the next performance level.

Locally Controllable Expenses

20/20’s Retail Financial module allows specialty retailers to easily monitor each store’s controllable expenses for unusual anomalies or trends.  Know when a store exceeds their typical spend by comparing their locally controllable expenses against the mean, and even identify cases of store purchase fraud with insights into purchase card use and expense reports.  With 20/20 you can ensure that your stores remain financially responsible.

Learn More

Want to learn more about 20/20?  Check out some of our data sheets and take a deeper dive into the best of 20/20

Margin Analysis

With the Retail Financial module for 20/20, you can keep an eye on margins at all times within the application.  You no longer need to run specific financial reports or put your data through complicated excel formulas to get a margin analysis.  Instead, the Financial module provides insights into operating profit margins, gross profit margins, and more to give you a better understanding of your organization’s financial standing.

Monitor Overall Expenses

Specialty retailers can easily monitor and maintain expenses for the entire organization using the Financial module for 20/20 Retail.  By analyzing expense data across the chain you can gain insights into areas of the business that are costing more than expected, employees that may be abusing their travel and entertainment budgets, and stores that need assistance in bringing their expenses under control.

Get in Touch with our Sales Team

Contact our sales team today to see 20/20 in action and learn more about how it can help you with POS Analytics

Additional Modules for Specialty Retailers

Inventory Shrink

Inventory Shrink

Labor Analysis

Labor Analytics

Cash Office

Cash Office