Moscow, Russia (PRWEB) September 12, 2012
Retail Solutions, a leading European retail advisory and consulting provider, announces improvements in it’s multi lingual proprietary cash flow reporting model “RS-CF”. This model is ideal for international retailers that desire to place a greater emphasis on cash-flow management while fully complying with statutory reporting needs.
Companies often have a poor cash flow picture due to the complexities encountered with maintaining various reporting for Statutory Reporting, IFRS and management. Art Vartanian, Managing Director of Retail Solutions provided some background: “Retail Solutions has created a proven methodology enabling the creation of a comprehensive cash flow reporting system for companies of all size. Our methodology relies on historical payment and receipt trends and then projects future needs based on the businesses operating financial plans. Banks and Funds which invest into retailers appreciate our model.”
Patrick Hopper, Partner of Retail Solutions commented, “Over the past three years, we have successfully implemented our multi lingual, cash flow model into retailers. This proprietary software enables owners to gain control and better manage the financial ups and downs of running a retail organization. In addition Emerging market retailers are very good at projecting store level profit however fail to focus on planning for the largest component of cash which is inventory due to lack of balance sheet planning.”
Retail Solutions Cash-flow is a functional management tool tailored for retailers regardless of present systems, The low cost software enables a business to 1) Track 13 week cash needs 2) Track Quarterly cash needs 3) Track rolling 12 month cash needs 4) Multi language 5) Multi currency 6) Based on profit plans and projections with 7) manual and/or automated system feeds and 8) protect assets which is critical in Emerging Markets.
RETAIL SOLUTIONS was founded in 2002 to provide professional advisory and consulting services for retail companies and banks, funds, private equity parties that invest in retail. Services are targeted to chain store retailers and are broken down into five general categories; Big Picture Retail, Retail Operations, Financial and Partnering. Retail Solutions primarily operates in Russia, Czech Republic, Slovak Republic, with partnerships in Armenia and now Romania.