Client Name: FabIndia Retail
Okhla, New Delhi, India
Revenue +$65 million
540+ Retail Stores
- Oracle Fusion Financials
- Oracle Fusion Procurement
- Oracle Transactional BI
- Oracle PAAS & ICS
About Oracle Fusion:
About Prudence Technology:
Prudence Technology is a premium
consulting firm and is Gold Partner of
Oracle and Microsoft Solutions that cut
across different industries through a
FabIndia Ensures YOY Growth over 10% and Close Books 40% faster through Oracle Fusion Application
Selecting Oracle Fusion Apps: They deployed Oracle to expand their market reach and ensure accurate inventory level are maintained based on demand as they deal in retail business. With the help of Oracle, FabIndia have extended the solution to across network, for accounting and Inventory management.
- Separate Accounting Statewise.
- Consolidated Store-wise P&L & Trail Balance
- Retail transactional data Management as per Cost Center
- Availability of analysis like Budgets, expenses, Sales, & cash Flow etc.
- Increased timeliness of statutory reporting
- Point of Sale integration along with Centralized Accounting System real time.
- Item Tracking on Basis of Barcode/QR Code/SKU Number /Lot/Serial No etc.
- Branch Accounting and Reconciliation
- Inventory Transfer Tracking
- Dimension Based Accounting
- Control on Primary, Secondary & Franchisee Sales Management
- Handling of large customer transaction across stores.
- Reduce paperwork by approximately 60%
- Cut typical procurement cycles by 50%—from 20 days to 10
- Branch Accounting/analysis, Segment wise P& L
- Controlled Cash Flow & Inventory
- Bar Code and E-Commerce Integration
- Visibility into Supply Chain
- Gift Voucher/ cash coupon/schemes & other discounts Tracking
- Multiple Sales & Vendor Price List along with Scheme / Offers / Discount& Commissions
- Payment Gateway/Wallet & other source of collection reconciliation