Retail executives, do you know the age of the software systems you depend on to support your decision making and day-to-day operations? Are they ten years old? Fifteen? Older than twenty? When was the last time you received a software upgrade to modernize? Is your software vendor even a going concern?
Operating a retail business in the post-pandemic, digital world is as much a technical challenge as a commercial one. You are competing against huge behemoths spending billions every year to gain through their technology an advantage over you.
If you lack functionality and nimbleness, it is because your software is old. Same for decision making, innovation, and shopper engagement. Often your team will use old software as an excuse for deficient performance. You are depending on people who do not trust to patch up the aging systems. Over time, limitations of your core systems have led you to a Frankenstein of information silos, cumbersome workarounds. You are increasingly running the risk of system-wide collapse. You find yourself unable to get a clear picture of the business without a bevy of spreadsheets that in themselves become part of the problem.
How did you get in this predicament? First, it is easy to postpone the replacement decision because of the cost and risk. Second, the retail software marketplace has become so specialized and expensive that no vendor has presented you with a reasonable solution.
At 100ent, we have a solution for your predicament. First, because of our modularity, you can gradually deconstruct your old system while replacing pieces with substantial upgrades. This approach dramatically reduces the risk of disruption and huge cost overruns. Second, our software will likely run on equipment you already own and networks you currently trust. This reduces capital expenditure and reduces the time to train your team. Last, our software is dramatically less expensive than the competition. This is because our support team is in Latin America, and we have been doing this work for hundreds of retailers for a long time.
