FabIndia
The company is a chain of retail stores of Ethnic Indian products made by craftspeople across rural India. FabIndia is in the process of expanding its vision mostly across technology and sourcing.
Selecting Oracle Fusion Apps: They deployed Oracle to expand their market reach and ensure accurate inventory levels are maintained based on demand as they deal in the retail business. With the help of Oracle, FabIndia has extended the solution across the network, for accounting and Inventory management.
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Separate Accounting Statewise.
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Consolidated Store-wise P&L & Trial Balance
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Retail transactional data Management as per Cost Center
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Availability of analysis like Budgets, Expenses, Sales, & cash flow, etc.
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Increased timeliness of statutory reporting
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Point of Sale integration along with Centralized Accounting System real-time.
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Item Tracking on Basis of Barcode/QR Code/SKU Number /Lot/Serial No etc.
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Branch Accounting and Reconciliation
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Inventory Transfer Tracking
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Dimension Based Accounting
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Control on Primary, Secondary & Franchisee Sales Management
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Handling of large customer transactions across stores.
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Reduce paperwork by approximately 60%
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Cut typical procurement cycles by 50%—from 20 days to 10
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Branch Accounting/analysis, Segment wise P&L
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Controlled Cash Flow & Inventory
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Bar Code and E-Commerce Integration
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Visibility into Supply Chain
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Gift Voucher/ cash coupon/schemes & other discounts Tracking
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Multiple Sales & Vendor Price List along with Scheme / Offers / Discounts & Commissions
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Payment Gateway/Wallet & other sources of collection reconciliation
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