Nicole Collection Gains Considerable ROI by Eliminating Multiple Disparate Software Licenses
Goldsoft Marketing • February 13, 2020
Customer Success Story- Nicole Collection
| Company Facts | |
|---|---|
| Company | Nicole Collection Sdn Bhd |
| Brand | Nicole, Nicole Exclusives, Eighteen Plus, NE:SS, Depi |
| Location | Malaysia |
| Industry | Retail and distribution of ladies fashion apparels and men's undergarments |
| No. of Site Using Goldsoft | Headquarters, 6 outlets nationwide and 500 consignment counters in departmental stores throughout Malaysia |
Challenges:
- High maintenance cost on multiple software licenses without seeing any significant return-on-investment (ROI)
- Inaccurate inventory information
- Slow and manual generate reports affected business decision making
Solutions Implemented:
- Goldsoft ERP (Enterprise Edition)
- Goldsoft Retail POS System
Objective:
- Implement a solution to achieve supply chain efficiency while keeping business cost down
Features Highlights:
- Automate consignment counter calculations for invoicing, promotion sharing, short & over
- Branch commissions setup by consignment counter by different discount mode
- Generate invoices that direct integrated to General Ledger, Accounts Receivable and GST Output Tax/ SST
“We gained substantial time savings as manual processes that used to take 1 day to complete can now be completed within 15 minutes through automation.”
Steed Chiew, Head of Admin, Nicole Collection
Significant Benefits to Nicole Collection:
- Gained considerable ROI due to reduced cost by eliminating the need of having multiple disparate software licenses from other vendors
- Achieved timelier ordering and more efficient consignment supply chain by having the accurate data
Find out more about the functionality in this success story:
Or
schedule a demo to see it all in action.
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ERP, or Enterprise Resource Planning, is an integrated software solution designed to manage and automate core business processes across various departments.
