Profitect’s prescriptive analytics software prescribes actions in plain text using AI and machine learning. Our award-winning software automatically interprets your data to find valuable opportunities, alerting you in near-real time how to improve profits and margins.
Profitect pinpointed scanning accuracy as root cause, and informed shipping & receiving managers to retrain their staff.
Profitect identified cashiers with high upselling rates, and directed their managers to schedule them with lower performers, for cross-training.
Profitect traced much of the waste to employee theft and markdown non-compliance, and directed Asset Protection to intervene.
Loss Prevention
No more combing through a week’s worth of data points, trying to find evidence of loss. Identify and stop shrink, non-compliance, coupon abuse, and more in near-real time with Profitect’s prescriptive actions! Reduce total retail loss, increase revenue, and improve performance.
Say goodbye to those mountains of complex, bias-prone reports. Profitect takes in billions of data points and prescribes actions for sales and margin improvement. Profitect’s prescriptive actions tell you exactly what is happening and exactly how to respond. No PhD required, powerful, yet smart tasks anyone can act on.
Expected Results:
“…after all the time and money spent implementing a solution, the passive nature of the reports delivered by most vendors leaves traditional business intelligence tools underutilized and undervalued”.
John Dean, CIO, ascena retail group
Unlike other retail analytics, Profitect is up and running in a matter of days and we have users at every level in the system. We take your data, run it through our algorithms, and get you to work on prescribing actions you can take today in record time!
Watch Designer Brands (formerly DSW) discuss how they went live with Profitect and started seeing results in three days!
A Different Kind of Software Company
We improve or replace your current business intelligence and sales & EBR (exception-based reporting) tools, working with all departments within retail. Instead of sending someone a report to analyze, just tell them what they should know and prescribe the actions they should take. It’s that simple. Profitect is a different type of software company.
Look for Profitect at these events
May 1-2, 2019, London, ENG, Booth #5d-10
RILA Asset Protection Conference
May 5-8, 2019, Denver, CO, Booth #400
June 11-13 2019, Anaheim, CA
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