Our Unique "Partner" Proposition
Retail Executives are well aware of the inequities involved in typical software transactions. When entering into a "partnership" with a traditional software company, you expect to provide a substantial deposit up front and pay the balance within 30 days. As clients, you purchase the required hardware and supporting software, write interfaces, configured, test, train and then keep your fingers crossed that everything goes right on the go-live date. If everything works, you are heroes within your organizations, but if not, you have potentially wasted millions of dollars of the company's capital and resources and put our own positions in jeopardy. As former retailers, we feel that bearing 95 percent of the risk while the software company assumes very little risk is hardly a partnership.
Compliance Networks' "self funding" business model represents a new perspective in today's software industry - shifting risk from the retailer back to the software company. CN offers retailers a fast, no risk, limited capital approach to recovering lost profits in as little as 120 days.
Throughout the implementation, the retailer client invests no more than 200 hours of internal IT resources to assist CN personnel in the data mapping process. This is a relatively small figure compared to the 2,000 hours that CN typically invests in the project. With these project management hours and the thousands of dollars of IT equipment CN invests in before receiving its first payment, it's easy to see how CN shoulders the lion's share of the risks. Ultimately, CN's revenues primarily depend upon the extent to which our solutions benefit the client - and that is true partnership.
Software with a Guarantee!
Compliance Networks is able to offer a, "Pay for Performance" arrangement to retailers because of the strength of its rCMS solution. Through effective chargeback management, rCMS generates "hard" dollar returns that lower the retailer's bottom line. Traditional software companies which rely on "soft" savings generated by their systems are unwilling to make that bet.
CN's "Pay for Performance" business model for its flagship Compliance Management Solution (rCMS) module has allowed many retailers to use the savings generated by rCMS to fund other IT projects within their enterprise, such as the
Distribution Management Solution (rDMS).
Learn more about Compliance Networks
Retail Supply Chain News