Retail Industry

Retailers today face competition not just from across town, but – thanks to the Internet – from across the country and around the world. Succeeding in this environment requires building customer loyalty by improving service and enhancing the customer’s shopping experience. The challenge is to deliver this improvement while simultaneously holding down costs.

To help you streamline operations and improve bottom-line performance, Chesapeake offers retail organizations a suite of solutions that:

  • Boost productivity
  • Improve customer service
  • Decrease costs
  • Deliver real-time decision-support information
  • Improve sales audit control
  • Maximize return on your technology investment
  • Support regulatory compliance, such as SOX and PCI

    Chesapeake solutions can be delivered as traditional software running at your organization, or as an ASP hosted solution.

    Total Reconciliation Solution (T-Recs®)
    With comprehensive research, reporting, and communications capabilities, the T-Recs account reconciliation and deposit verification software gives you the power to implement best practices, cut costs, and improve auditability and SOX and PCI compliance. T-Recs automates the full range of retail organization reconciliation activities, including deposit, credit card, disbursement, general ledger, sub-ledger and gift card accounts.

    Chesapeake IDM™ (Internet Data Manager)
    Financial data retrieval is critical for retailers, who may have many locations and deal with dozens of banks and credit card processors. IDM automates the Internet retrieval of financial data, reducing the expense and effort associated with data acquisition, and minimizing the possibility of fraud. Implementing IDM puts you in complete control, with data retrieval that’s more efficient, less expensive, and more secure.

    Unclaimed Property Compliance System (UPCS®)
    UPCS automates the tracking, documentation, and regulatory compliance required for unclaimed property, such as gift cards and checks, in all 54 jurisdictions. Continuous updates of statutory requirements, a powerful report writer, and automated notice of critical deadlines help ensure that you stay in compliances with the unique rules in each state.

    SmartTreasury®
    A modular desktop and web-based treasury workstation, SmartTreasury provides complete control over all treasury operations, including funds management, account analysis, and compliance. SmartTreasury centralizes and monitors business activity, manages cash, and facilitates funds transfer, thereby streamlining treasury operations and improving financial forecasting and reporting.

    SmartAnalysis®
    With the number of banking relationships and diversity of fees that a typical retail organization has, efficient oversight is critical. A powerful tool for analyzing commercial bank fee data across all your banking relationships, SmartAnalysis compares actual with expected charges, highlights discrepancies, and helps ensure that volume discounts are properly applied. Sophisticated “what-if” functionality helps you identify and negotiate the best combination of prices and services from all your banking relationships.

    SmartAnalyis RM™
    Boost the power of SmartAnalysis with SmartAnalysis RM, a relationship management tool that organizes and documents your financial relationships, and provides global one-step editing of account details – a particularly important feature given the number of relationships most retailers have. By organizing key information like contact data, target balances, account criteria, and cut-off dates into a single location, SmartAnalysis RM simplifies updates, reduces potential fraud, boosts productivity, and speeds reporting.