PerformanceRetail Announces New Software Functionality to Drive Improved Retail Performance
Latest Version of InSite(TM) Delivers Enhanced Capabilities to Improve Merchandising and Operations Processes for Convenience Retailers
CHICAGO, IL -- (MARKET WIRE) -- 13-10-2003 --
The NACS Show -- PerformanceRetail, Inc. the
leading provider of web-based software for the convenience retail industry,
announced today the availability of the latest version of InSite, its
flagship suite of retail performance management applications.
PerformanceRetail will demonstrate this new functionality at the National
Association of Convenience Stores (NACS) annual conference this week, in
Chicago, at booth 5231.
InSite is specifically designed to improve the profitability and efficiency
of convenience retailers and decrease operational costs at the store level.
The product's new capabilities deliver significant improvements including
visibility into key business metrics, ease-of-use and operational control.
The new functionality includes:
-- Automated Business Intelligence: Proactive notification of key
business metrics that require immediate action. Managers have access to
alerts for such issues as cash shortages, drive offs, discounts, cost
exceptions, low inventories, stock variances, and price alerts. The InSite
Alert Management Solution supports mobile devices such as mobile phones and
blackberry's, allowing anywhere, anytime information updates.
-- Wizard-driven Business Processes: InSite's wizard-driven workflows
improve operational functions such as daily settlement and price book
management, decreasing the time associated with each task and reducing the
potential for data entry errors. Because business process wizards drive
user actions, employees spend less time training on product capabilities
and more time on operations and sales.
-- Improved Category Management: InSite's category management
capabilities are delivered through a single user interface, placing all the
tools needed for effective management in one place. Category reporting,
promotion tracking and analysis and an integrated planogram offering allow
category managers to build a promotion from the bottom up, distribute the
promotion to all stores and track the success of the promotion at the store
or district level.
-- Out-of-the-box reporting: InSite leverages PerformanceRetail's
customer and industry expertise and offers standardized reporting on key
business data metrics. Upon implementation, reports are immediately
available to store managers, category managers, division managers and price
book teams for merchandising and operational data.
"This latest version of InSite builds on our commitment to deliver the most
advanced and easy to use convenience retail software solution available in
the market today," said Marc Hafner, president and CEO of
PerformanceRetail. "By providing an unprecedented level of efficiency,
control and customer service, we're enabling our customers to realize
tremendous cost savings and embrace technology to improve overall
efficiency and profitability."
About PerformanceRetail
PerformanceRetail is the leading provider of web-based software for the
convenience retailing industry. InSite, the company's integrated suite of
retail software applications, enables retailers to improve the
profitability and efficiency of key business processes such as
merchandising, site operations, fuel management, performance analysis and
financials. PerformanceRetail's modular, hosted solutions and comprehensive
services ensure customers realize value quickly while reducing upfront
capital expenditures and ongoing support costs. By partnering with
PerformanceRetail, industry leaders are transforming their retail
operations into highly competitive, customer-driven profit centers. For
more information, visit www.performanceretail.com.
CONTACT:
Dean Cruse
512.527.6513
PerformanceRetail, Inc.
dean_cruse@performanceretail.com
David Lord
512.335.8771 ext. 13
Blanc & Otus Public Relations
dlord@blancandotus.com
