Financial systems are the spine of your operation
The wholesale and retail industries are under constant pressure from several different angles. The Internet allows consumers to price-compare virtually every competitor with lightning speed, putting an ever tighter squeeze on profit margins. Technology is constantly changing, making it difficult to choose or maintain everything from an e-commerce platform to inventory management software to accounting software. Wholesale and retail companies need to constantly be scanning the horizon for the latest trends, not only in what consumers want but also in how successful companies manage their finances and operations.
On top of this constant change, capital for start-up or expansion has become much harder to obtain. With much tighter credit markets, it’s harder for companies to be flexible and respond to changing conditions. While some large enterprises may have the resources to weather a downturn or adapt their business to changing conditions, most medium-sized and small enterprises are more vulnerable to shifting economic winds.
REDW knows the challenges faced by the wholesale and retail industries, and through solid financial management helps companies survive and thrive. We have helped companies of all sizes strengthen their financial systems, streamline operations, and improve control over costs, inventory, shrinkage, and more. Developing control over your financial data gives your company greatly enhanced power to be flexible when necessary, allowing you to adapt and succeed in the most challenging economic environments.