Retail
Accounts payable and purchasing, cost of goods, freight and courier costs, plus sales, customer and business intelligence, for retail operators.
From importing and freight through to multi-store supplier spend, sales performance and customer behaviour – SinoraIQ connects your accounts payable, purchasing, cost, sales and customer data so your finance and operations teams always have a live, coherent picture of the business.
Works with: Multi-Store Retailers | Importers and Wholesalers | E-commerce and Omnichannel | Warehouse and Distribution | Consumer Goods | Specialty Retail
Accounts payable automation and three-way matching across all invoice types – product supplier invoices, freight, customs and courier invoices and operational expenses all read, matched and automatically coded to the correct account in your general ledger – no manual data entry, no manual chart of accounts assignment
Every type of spend captured, not just goods – stock and freight, plus store fit-out, equipment, services and software, all read, reconciled and coded to the correct account in your general ledger.
Freight, customs and landed cost visibility – import freight, customs duty and last-mile courier invoices processed and reconciled automatically and matched to shipments and orders – so the true landed cost of every product flows through to your margins
Purchasing intelligence across every supplier and product – every order tracked from placement through delivery and invoice – preferred suppliers enforced, agreed pricing monitored and ordering signals generated automatically – all supplier correspondence received, reviewed and actioned directly from the order screen within SinoraIQ, with alerts when supplier attention is required
Approval governance across every store – purchasing approval thresholds enforced automatically across your entire operation – every order compliant, traceable and auditable regardless of who placed it or where
Supplier spend and price volatility managed in real time – total spend, spend by category, spend per supplier and price movements monitored automatically – so your team always knows where cost pressure is building before it reaches your margins
Sales intelligence across every store and product – gross sales, net sales, margin, best sellers and basket analysis visible in real time, across your entire operation or drilled down to individual store, category or product
Customer intelligence with RFM analytics – customer profiles, purchase history, purchase frequency and loyalty behaviour connected to your operational and financial data, with customers automatically segmented so you always know who your best customers are and who is at risk of leaving
Real-time performance across your entire operation – revenue, costs, margin, supplier spend and Accounts Payable metrics connected in one dashboard – updated as transactions occur