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Because retail and food service businesses are uniquely positioned within the market landscape, the need for a reliable budgeting and planning process is crucial. An inflexible planning process that relies on static reports and siloed data isn’t going to cut it.
Many enterprise resource planning (ERP) products , for example, offer a few visual reports that look impressive at first glance, but which lack the capabilities needed to quickly and easily develop truly powerful executive dashboards to fit your purposes. Real-Time or Near-Real-Time Information.
Being saddled with high financial penalty from the platform owner or get bogged down in time consuming data exports to a new system, including the costly implementation of new software. Consider the cost of implementation, or in this case, the cost of re-implementing new software every time you want to switch to a new broker.
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