Retailers who do monitor store compliance with standards sometimes rely on paper, a process that is slow, error-prone, labor-intensive, requires shipping and storage and often deprives the organization of the analytics it needs to make informed business decisions. While tracking compliance on paper is arguably better than not tracking it at all, retail audit software can demonstrate ROI on the process improvement alone while giving all levels of the organization access to real-time reporting and analytics.
Should you buy or build your own retail audit software? Google “retail audit software” and have a look at what is available before you invest, or invest further, in your own custom retail audit software. Retail audit software has reached a maturity level where it is often no longer economical or even practical to develop your own. Of course, don’t take this advice from a vendor. Shop around, do a free trial and see for yourself.
This post is part of the “Retail Audit Best Practice” series.