We need funding for sustaining support/service of the existing customers and enhancing/maintaining product for future growth expected to boost with FDI in retail.
We are providing a comprehensive Retail Business Management Suite that is running successfully in more than 75 locations in Europe and India and has more than 200 licenses sold over last three years.
Spectrum is a next-generation Retail Management System that is PCI Compliant and has been certified by IBM. It is a modular, scalable and configurable Retail Business Management Suite that helps retailers rapidly execute strategies, drive sales, enrich customer experience and improve profitability.
Spectrum is a proven product in the European Market, and has brought its ability to Indian shores. Spectrum is SOA based and completely modular, hence can be seamlessly integrated with any of existing systems. Its modules are:
1. iBILL: Point of Sale module with Billing, Scanning and Sales Orders.
2. iBOSS: Back office module with Ordering, Receiving, Inventory Management with Auto replenishment system and Master Data Management.
3. CLIP: Customer Loyalty Program for accumulating and redeeming points as well as sending Emails, Newsletters and SMS to your customers.
4. WEBSHOP: E-commerce module for an online shopping provision for customers.
5. MOBEX: Retail specific Mobility solutions for mobile based transactions on iPhone and Android.
Spectrum is ready for any kind of retail and distribution-led businesses including but not limited to Grocery, Fashion, Quick Service Restaurants (fast food chains), general merchandise, Pharmacies etc.
Spectrum is sold in two models
1. License (On premise)
2. Rental (Software as a Service)
Funding is required to sustain the existing team/customers and add more features and functions to the product knowing the demand in the market for such a product and its mass appeal which can grow exponentially over next couple of years.
ROI can be discussed based on the model selected in terms of a buyout or profit sharing etc.
SPECTRUM's key benefits are mentioned below:
Lower Total cost of ownership due to:
• Rapid implementation with best practices in place
• One Stop Shop for all requirements and needs
• Minimized investments in user training
• Intuitive GUI & Unified Product experience
• Flexible & Scalable SOA Based architecture
High business impact & Tangible ROI through:
• Web based modules for anywhere access
• Online - Offline mode with near real time synchronization
• Rapid mind to market (implement your ideas with no wait)
• Analytics for dynamic business decisions and strategic initiatives
• Centrally managed pricing and promotions engine
• Easily and quickly execute sales and marketing strategies
• Mobility Extensions available on Android and IOS platforms
• Ready Product with existing customer base for a growing market
• Core Team availability for maintaining and executing strategies
• Continual and regular revenue stream through rental model tailored for masses
• 2 Years of rigorous marketing has created a recognition in the market
• FDI in retail will boost the need for such software
• Every Sales comes with continual earning due to the franchise model
• Service revenue along with License revenue helps growth
• Finances will help to focus on the product development aspects
• Augment and develop the Support Team for fanatic customer service
• Sustain the Core team which can drive the future sales and development
• Develop a self-sustainable profit center independent of the holding organization
• Opportunity to further develop a product which can be applied in various markets
• Options to be either a Silent investor or be actively involved based on the model chosen
• Leverage the competency of the core team to develop other industry specific solutions on Spectrum Platform
• Sell the product in emerging economies for additional revenue