Success Story
Solution Sourcing for Convenience Retailer
Client
Convenience Retailer
Client Challenges
- Retailer with ~200 stores was looking to replace end-of-life Home Office / Back Office software and ancillary modules with a modern cloud-based Enterprise Resource Planning (ERP) solution with financials, including automating key business functions and built-in integrations to key sub-systems
Solutions Delivered
- Conducted a Functional Requirements review and analysis to define and prioritize current and future core requirements
- Managed entire Request for Proposal (RFP) process from document creation and approval to solution provider responses
- Scored RFP responses based on requirements, compared costs, and presented strengths and weaknesses of each provider solution
- Prepared analysis of return on investment of ERP provider solutions
Business Impact
- Identified a best-fit ERP solution for the client
- 5 Year Project IRR was calculated at 64% in the most conservative estimate
- Payback was calculated to happen early in Year 2
- New solution introduced automated reconciliations and greatly reduced manual efforts
- Store managers report less time spent each day completing EOD paperwork
- Impact 21 partnered in implementing the software to ensure best-practices were considered in all configurations, processes and workflows
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