21 Oct 2008

Business Breakfast: Integrating Financials with eBusiness for Companies in Retail and Distribution

Exigy, in close collaboration with Dynamicweb, has organised a Business Breakfast at Hilton, Portomaso on the 14th of October 2008, with the intention of helping the local industry benefit from cutting-edge financial management and eCommerce technologies to dramatically enhance and project the companies' product and service offerings both in-store and on the World Wide Web.  Targeted at small and medium-sized businesses operating within the Retail and Distribution Industry, this Business Breakfast attracted companies coming from various verticals in Malta, ranging from the clothing, haberdashery, health care, bathrooms and domestic appliances industry retailers to book publishers and wines and spirits wholesalers.  

Mr. Robert Gauci from Exigy's Business Development opened this Business Breakfast by identifying the challenges that retailers and distributors are typically faced with in their daily operations and how technology can enable them to benefit from a single data system that enables full integration of all business activities.  Ms. Denise Borda from the Malta Communications Authority presented the encouraging results of the Authority's recent eCommerce survey focusing on the local opportunities, trends and issues. 

Mr. Gauci further developed the discussion by showcasing the inventory, supply chain, financial, customer relationship as well as retail and distribution management capabilities, core to Microsoft's award-winning Dynamics NAV business solution.  Readily-available with a server, operating system, firewall, Microsoft Office as well as a Server Database, Exigy's streamlined solution provides an added value to retailers and distributors to help them utilise their time better and focus their efforts more on the the most critical issues surrounding their business. 

Mr. Soeren Laursen and Mr. Peter Terkildsen, Directors at Danish eCommerce specialist company Dynamicweb, provided the attendees with a live demonstration of the capabilities of their specialised eBusiness platform, that enables eCommerce activities and fully integrates with Microsoft Dynamics NAV.  They illustrated the core and added functionality of their highly scalable Content Management System and how this can be integrated with the company's NAV financials system and with 1PAYeurope payment gateway.  The benefits of such a system are twofold: enabling customers to shop and pay online at the comfort of their own home; and simplifying the accounting of online sales for sellers.

After demonstrating attendees how they can manage all the business' sales channels through one central location, Mr. Gauci explained Exigy's integrated, yet highly-cost effective solutions which are specifically designed to enable companies engaged in retail and distribution to do more with significantly less:

·         businessQuickStart core is a complete business solution that comprises of all the necessary hardware and software, designed to handle complex operations from point-of-sale to back-office across inventory, financials, customers and supply chain activities and capable of getting your business up and running in 7 days.

·         Dynamicweb Content Management System, packaged with APCO 1PAYeurope Payment Gateway System, provides companies who are interested in exploring the possibilities of eCommerce with a product that effectively addresses the growing trend of online custom.

·         businessQuickStart eCommerce enables an added capability over and above the core enterprise platform, and eliminates the complexities associated with accounting for online sales as every transaction is automatically injected into the financial back-end system i.e. businessQuickStart core fully integrated with the eCommerce Solution.

Attendees were illustrated how their businesses can benefit from up to €12,000 back on their investment, in the form of tax credits, when investing in an eBusiness solution (either as a standalone or with full integration with NAV).

Interested to learn more? Contact us now on 2010 7171 or info@exigy.com to request any further information.