Retail technology has revolutionized the way we shop and engage with brands.
E-Commerce Platforms
E-commerce platforms not only enable online shopping but also help retailers manage sales, inventory, customer data, and marketing efforts.
Internet of Things (IoT)
IoT in retail can improve supply chain management, increase operational efficiency, and enhance customer experience.
Blockchain Technology
While still in its early days in retail, blockchain holds potential for supply chain transparency.
Mobile Commerce
With a substantial number of consumers using smartphones for shopping, mobile commerce is more important than ever.
Artificial Intelligence (AI) and Machine Learning (ML)
Streamline property transactions, reduce fraud, and provide transparent and immutable records of property ownership.
Point of Sale (POS) Systems
Modern POS systems integrate with other business systems, manage inventory, generate reports, and provide data for analysis.
Augmented Reality (AR) and Virtual Reality (VR)
AR and VR provide innovative ways for customers to engage with products.
Internet of Things Big Data Analytics
Retailers gather vast amounts of data that, with the right tools, can provide valuable insights.
Contactless Payments
The pandemic has accelerated the adoption of contactless payments. This includes credit/debit cards with NFC technology, mobile wallet payments like Apple Pay or Google Pay, and QR code payments.
We help you leverage cutting-edge technologies to create a seamless and engaging shopping experience, streamline operations, and make data-driven decisions that propel your retail business forward.
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Revenue Recognition
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Inventory Management
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Sales Tax Complexity
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Internal Controls and Auditing
With e-commerce and other digital sales platforms, recognizing revenue can become complex, particularly with different sales models, multiple-element arrangements, or sales across various jurisdictions.
Accurate record-keeping for inventory is critical for cost accounting and inventory valuation.
Sales tax becomes more complicated when selling to customers in different regions or countries, each with its own tax regulations.
The decentralized and distributed nature of blockchain technology presents unique challenges for internal controls and auditing processes.