PPT(Peer-to-Peer Invoice Financial Platform)를 사용할 시 기업은 최대 90일 동안 송장에 유동성을 확보할 수 있다. 기술 백서에 따르면 PPT는 구매자에게 할인된 가격으로 송장을 제공하고, 판매자의 자금에 대해 신속한 접근을 허가하여 직접 송장 판매자를 연결한다. 이를 통해 부도 가능성을 예측할 수 있으며, 수익성, 레버리지, 지불 능력 등 과 같은 위험 요인을 평가하는 수학적 비율에 기초하여 적절한 할인가를 적용할 수 있다.
Entrepreneurship — contrib ...
Entrepreneurship — contributing to a stronger economyThe UK has become one of the strongest entrepreneurial economies in the world, and the spirit of entrepreneurship in the UK is ever-emerging.Photo: ALAMYEntrepreneurship has important economic and social benefits, and despite uncertainty around Brexit and surrounding factors posing difficulty to predict what the future of the UK’s businesses will look like, the UK’s start-up ecosystem saw record investment growth in 2017, as according to a report by Deal Room, UK investment grew by 87% to €7.1 billion, which is more than Germany, France and Sweden combined.In an article called ‘Entrepreneurial Britain’, published by the Telegraph, it identifies that entrepreneurs provide one of the main engines of growth in any healthy economy. They act as vital agents of change by developing new products and services, implementing more efficient production methods and creating new business models and industries. They generate jobs, support local communities and build prosperous societies.British culture encourages the idea of entrepreneurship, London in particular, is a golden pathway for entrepreneurs due to its good transport links and a strong local economy. Wherever you go there are interesting people, new and interesting ideas, and the demand to be innovative sets the bar high for entrepreneurs to keep up with competition. The entrepreneurial outlook illustrates true British business culture and how business owners and SMEs are pacing to keep up with the times in our modern-day digital world, where business owners are increasingly creative and the advanced use and adoption of tech and artificial intelligence (AI) gives companies a strategic advantage. Professor Erkko Autio, co-author of the study from Imperial College Business School, said: “the UK’s performance in entrepreneurship is improving with more people recognising that there are opportunities to start up a business”.The improvement in UK’s entrepreneurial performance has seen strengths and patterns of innovation.According to the Federation of Small Businesses, at the start of 2017, small businesses in the UK account for 99.3% of all private sector businesses and 99.9% are small or medium-sized (SMEs).In today’s business landscape, entrepreneurs are feeling the pressure and the need to focus on revenue, first and foremost. There was a time when funding was abundant and an entrepreneur could make a few pitches and gain a few thousand. Today, however, funding is limited. The UK Government’s start-up loan scheme, which provides business loans, advice and mentoring to start-up businesses is an initial funding jump start for entrepreneurs, but in time entrepreneurs come to learn that businesses cannot be built in a short amount of time, and the need for working capital and day-to-day funding will continuously grow, particularly as a business expands.The entrepreneur is forced to gain early viability and near instant revenue, with many small businesses adopting invoice finance as a choice of alternative funding to help bridge start-up and day-to-day operation costs.Originally a start-up formed in 2016, Populous World is a platform designed to offer invoice finance and support entrepreneurs in creating economic growth and social well-being. Business Development Executive at Populous World, Alex Oritogun says: “Entrepreneurs and start-ups need the right support from the beginning, what our platform offers is an opportunity to accelerate entrepreneurship and provide a funding team to help bring an idea into reality”.To find out more about Populous World’s invoice financing solutions, contact firstname.lastname@example.orgLou Chan, Populous World.https://populous.world/invoice-finance/for-businesses.htmlEntrepreneurship — contributing to a stronger economy was originally published in Populous World on Medium, where people are continuing the conversation by highlighting and responding to this story.
18. 10. 23
How the retailers are taki ...
How retailers are taking on a digitised worldAccording to the Business of Fashion, retailers are at a time where e-commerce and digital marketing are mere table stakes, and fashion companies are locked in a race for innovation. Recruiting tech talent within fashion houses is the first challenge that retailers now face in order to remain competitive.In recent years, technology has casually been tried and tested in the fashion world. But with potential demise from brick-and-mortar retail shopping, the impact of technology has been difficult to overlook — especially with e-commerce in full force.Today, we saw the iconic Sears outlet chain close its doors despite once being the forefront of American retail and holds a history of 132 years. The NY Times described Sear’s success as “its early mail-order and distribution innovations made it the Amazon of the Gilded Age”. It became America’s largest retailer before being overtaken by Walmart in the 1980s.The company has suffered, along with many other traditional retailers, from rising online competition from firms such as Amazon and has recently found itself in a crisis as it struggles to turn a profit, since Americans increasingly shop online rather than in shopping centres.If we look at the way consumers shop today, the demise of Sears comes at no surprise. Retailers across the board are faced with unprecedented competition from online shopping giants, and it is expected that other retailers will soon follow suit. Consumer behaviour is also drastically changing and ever-demanding from both a digital and physical perspective.Image — Sears building, Santa Monica, the NY TimesThe revolution of big data analytics and artificial intelligence is changing the futureAs in all sectors, tech is revolutionising how businesses operate, with the use of data analytics and artificial intelligence leading to streamlined and efficient processes. In light of these technologies, the retail sector is growing as well as the need for retailers to adapt to the new landscape and embrace the turning point of the fashion world. The world we live in now is driven by technology at every corner and affects how we live day-to-day, from dating and fitness apps to online shopping to the blockchain. Statista predicted that the global blockchain technology market is to reach $339.5 million in size, and is forecasted to grow to $2.3 billion by 2021. From a retail perspective,Today, Populous World announced the open build beta launch of its PXP platform, a business intelligence model serving to help corporate executives, business managers and other operational workers make better and more informed business decisions.The term big data, a form of business intelligence technologies, is catching up to most industries in the business world — and the fashion industry is progressively adapting to this. In fact, retailers have started jumping onto the digitalisation bandwagon and are using these machines to their advantage.Business intelligence is serving as a technology that helps businesses such as retailers to stay competitive. A business which relies on quick and agile decisions mostly use big data analytics. Rather than manually gathering data, retailers can use Populous World’s PXP platform to organise, analyse, and sort data into relevant categories, that can then be used to predict and understand what their customers are looking for and execute results based on that.Lou Chan, Populous Worldhttp://bi.populous.world/How the retailers are taking on a digitised world was originally published in Populous World on Medium, where people are continuing the conversation by highlighting and responding to this story.
18. 10. 15
Populous World XBRL platfo ...
London, 15th October 2018In the last 12 months, Populous World have been on quite a journey. From building a fully functioning invoice discounting platform that has funded over £2,000,000 invoices to date, to expanding the team, developing a new and improved exchange on the way, to now seeing their business intelligence (PXP) platform in the process of open build beta, which is available to the public today!Established in 2016, the Populous World invoice discounting platform was an idea-turned-reality when commercial data expert, Steve Nico Williams, envisioned a platform for invoice financing and customer acquisition via ‘big data’. Steve pioneered the idea of using XBRL to data mine for prospective clients in the invoice finance-marketing sector which have also lead to the development of the very first business intelligence platform built on the blockchain.bi.populous.worldWhat does open build beta mean?The open build allows the community to have access to the platform and track the progress of the development. This would mean that the community now have access to the tools and functionalities that are already implemented and will be the first to get to try new functionalities.What is PXP?The Populous XBRL Platform (PXP) accumulates masses of data and makes it viewable in a way that will provide business intelligence. XBRL is the international standard of digital reporting for businesses. The format is a computer language which is used for communicating and exchanging business performance reports. XBRL brings all this information together in a standardised format, making it easy for users to draw comparisons and weigh up the financial health of a company.The function of the PXP business intelligence platform allows people to buy reports or create them personally, in order to make intelligent business moves and explore what markets to divulge in and how to expand.As such, XBRL data has become a global standard for exchanging business information and is freely available to anyone.PXP has built XBRL into its in-house credit reference system, and with this XBRL engine, useful data can be extracted that gives users the ability to predict multi-industry trends in real-time.ENDLou Chan, Populous Worldhttp://bi.populous.world/Populous World XBRL platform is now in open build mode to the public. was originally published in Populous World on Medium, where people are continuing the conversation by highlighting and responding to this story.
18. 10. 15
Blockchain implementation ...
Businesses of all sizes and industries have experienced the frustration of overdue invoices. Due to the nature of a business, overdue invoices can occur depending on the structure of supply chains, sales, receivables and inventory cycles, or operational practices that are customary in their industry, other times to human error. In either case, the effects on the party that is owed payment are the same: for Small to Medium-sized Enterprises (SMEs), if enough invoices are in default, working capital becomes a problem. This common problem has led to the rise of invoice financing, a practice in which businesses sell their outstanding invoices to a third party, for a discount, and in return receive up to 95% of the liquidity they need to stay in business.Many SMEs often face quite intractable problems obtaining access to finance. Dating back to the 1930s when the MacMillian Report noted the difficulties SMEs encounter when obtaining finance, the issue of SME funding has been a strong concern for UK policy makers for almost a century (Hughes, 1997).The acclamation of invoice factoring and invoice discounting has become increasingly widespread. Alternative funding such as peer-to-peer lending appear to offer a significant challenge to the operational models of traditional bank and equity funding. Factoring concerns the acquisition of accounts receivable by an investor known as a factor. The invoice factoring industry is estimated to be worth around 3 trillion US dollars as of the first quarter of 2018. However, the traditional method of invoice factoring includes some barriers to entry such as high lending fees for businesses or invoice owners, labour-intensive invoice duplicate checks, fraud prevention, among others. SMEs need timely access to finance in order to expand and grow and research demonstrates that this can only be achieved with access to funding.At the core of the Populous World invoice discounting platform is the Ethereum blockchain technology. The idea behind Populous World is to provide a global, peer-to-peer (P2P) platform built on the Ethereum network that connects borrowers and businesses selling invoices, with lenders and businesses that want to buy them. With blockchain implementation, users can bid on an invoice that is for sale, and the seller decides whom to sell it to; essentially making Populous World a decentralised platform for invoices.From a technical standpoint, the use of immutable blockchain implementation offers transparency, and significantly reduces the risk of human error or tampering with invoice records, and automated payments on the platform via smart contracts keep everything running smoothly.There is also an assurance provided by the blockchain that duplicate invoices will not be funded. This is automatically done with the use of smart contracts and does not require small scale invoice investments to be charged further fees for a labour-intensive and costly manual the invoice clone checking process. At Populous World, we implore businesses to explore the right invoice financing method to ensure they have the most suitable facility.Alternatively, you can contact Alex Oritogun at email@example.com for a bespoke facility tailored towards the needs of your business.Lou Chan, Populous Worldhttps://populous.world/invoice-finance/for-businesses.htmlBlockchain implementation for invoice finance users was originally published in Populous World on Medium, where people are continuing the conversation by highlighting and responding to this story.
18. 10. 05
Why flexible invoice finan ...
Invoice financing is a great option for businesses to receive short-term cash flow solutions. However, some invoice financing companies may only offer contract financing, an arrangement where a business effectively sells their entire receivables to the financing company for the stipulated term. On the other hand, flexible invoice financing is an arrangement where a business can effectively engage in a pay-as-you-use basis. The business chooses to discount individual or a batch of invoices, entirely dependent on the need of the business.We at Populous World believe contract financing should not be the solution for all businesses. This is especially true for a small business which only needs a little help with their cash flow. However, a lot of invoice financing companies that offer only contract financing will offer a significantly lower discount fee. In return, the small business will have to enter into a contractual agreement of 12 months or more, with miscellaneous fees included.An illustration of the above scenario can be seen in the breakdown below:Table 1: Amount receivable after fees: £4,800Table 2: Amount receivable after fees: £4,734.50As seen from the table above, by using flexible invoice financing, a small business owner will receive £4,800 from a £5,000 invoice with Populous World’s flexible invoice financing option.However, if the small business were to engage in a contract financing, the business would be potentially worst off, receiving only £4,734.50.Small businesses should be wary that while the discount fees quoted are attractive, the contractual fees included could add up, making the invoice financing costlier than it should be. Unlike us at Populous World, our fees quoted for both flexible financing and contractual financing are the only fees levied by us, where businesses do not have to worry about miscellaneous fees.We implore businesses to explore the right invoice financing method to ensure they have the most suitable facility. Alternatively, you can contact Alex Oritogun at firstname.lastname@example.org for a bespoke facility tailored towards the needs of your business.Lou Chan, Populous Worldhttps://populous.world/invoice-finance/for-businesses.htmlWhy flexible invoice financing is better for small business owners was originally published in Populous World on Medium, where people are continuing the conversation by highlighting and responding to this story.
18. 10. 04
Fintechs — the innovative ...
The landscape of today’s financial market is dynamic and ever changing. Just as the merging of technology and money has created a sweep of alternative finance players offering loans and cash advances, so too have fintech companies such as Populous World, that are providing capital off of unpaid invoices with the facility of invoice discounting for small businesses.The rise of fintech companies has undoubtedly placed a new sense of hesitation on small business owners seeking out traditional big banks for financing.According to a report published on October 1st 2018, by Moody’s Investor Service, Britain’s incumbent banking sector faces increased pressure from fintech firms targeting the most profitable — and often uncompetitive — parts of their business. This insight has been derived after circulating concerns and forecasts about the UK and the impacts the banking sector faces, as we are just six months away from Brexit. Moody’s forecasts show that British economic growth will slow in the coming 18 months owing to uncertainty holding back investment and spending, causing default rates to rise for the banks whose lending has been credited with sustaining consumer spending in the past two years.PWC published that fintechs are shaping the landscape of banking, stating that traditional players are still in the early stages of customer-oriented solutions, at least when compared to what fintechs propose. Only half of the respondents from the banking sector (53%) believe they are consumer-centric, compared with over 80% for Fintech survey participants.A relatively new player, fintech company, Populous World originated as an idea, name after the video game released in the late eighties, and from this concept and community feel, has been built from the ground up by the people, for the people. Serving as an invoice discounting platform built on the blockchain, Populous World delivers transparency of invoices sold, the accuracy of bids placed and global participation. Populous World is considered as a way forward for entrepreneurs and SMEs, that have previously found the big banks to be hard to work with, due to differences in management and culture as well as differences in operational processes.Populous World is a platform where we, the people of the community, come together as a whole, designed to provide invoice discounting for small businesses who need an injection of cash. Our alternative finance provider is unlike any other invoice finance marketplace, as the platform is built on top of the Ethereum blockchain and provides investors and sellers with a way of trading invoices in a hybrid auction/crowd funding model facilitated by smart contracts, and enables invoice sellers and invoice buyers to transact, regardless of geographic location and without the need for any third party.As we fund more invoices onto the platform, we look forward to jump starting SMEs and talented entrepreneurs into successful businesses. As Britain approaches the exit of the European Union, Populous World will continue to globalise what is currently a very localised and limited market sector, and in the process disrupt the financial marketplace.Lou Chan, Populous Worldhttps://populous.world/invoice-finance/for-businesses.htmlFollow us on Instagram: @populousworldFintechs — the innovative approach to banking was originally published in Populous World on Medium, where people are continuing the conversation by highlighting and responding to this story.
18. 10. 02
Populous World — a giant l ...
Over the last seven days, Populous World have been working in conjunction with small businesses and aspiring entrepreneurs, to help bridge cash flow gaps with our invoice discounting platform. The team have been working relentlessly to not only provide funding for small businesses, but to further discuss ways in which we can help to accomplish their long term goals.The invoice finance industry can widely be perceived as a service that seemingly fills cash flow shortfalls, however, at Populous World, we not only aspire to fund businesses for the short term, but to also help cross businesses over to a healthy financial position that enables them to worry less about finding money at the eleventh hour, and to focus on more important tasks at hand such as growing the business, expanding, taking on more projects and being able to access funds quickly, allowing SMEs to take advantage of business opportunities as and when they arise.Hyman Capital, a boutique merchant bank, offers a consultancy service that helps young, growing businesses to access new sources of funding and to properly prepare for any transactions they are planning to undertake — while also advising them on becoming more efficient and effective. Hyman Capital, like most businesses, undergo long payment cycles between themselves and their large customers. Agreeing to extended long credit terms with their customers enables businesses such as Hyman Capital to stay competitive, but on the flip side it also results in a shortfall of working capital to fund crucial business activities, such as staff payments and day-to-day operations.Inspired Through Sport — another company that recently enlisted Populous World for funding help, has a truly remarkable business model that our team were delighted to welcome onboard.Inspired Through Sports are one of the leading supporters of British athletes in the UK, which funds their #givingback athlete support programme through either paid or sponsored visits from GB athletes to educational institutions and businesses. With the help of Populous World’s invoice discounting platform, the sporting agency can now do what they do best — inspire and motivate by cultivating event productions that offer endless positive opportunities for educational institutions, such as sports equipment for schools, sponsored visits from GB athletes and provide funding for over 300 GB athletes, amongst several other services.The lack of working capital is for all businesses, the catalyst for failure. The stress and pressure that directors and business owners suffer were evident in previous weeks. Knowing that you have funds available when you need them takes a lot of pressure off. Instead of spending your time fire-fighting, a business and its employees are free to focus on making and meeting goals for the growth of the company.Alex Oritogun from Populous World says, “we are delighted to have played a key role in funding Hyman Capital and Inspired Through Sport’s cash flow obstacles, not only are they are both great companies, but it’s rewarding from our end to see how their business will flourish even stronger now and they can continue to offer improved terms of trade with confidence, giving them more power to win new customers.”With so many inspirational businesses such as Hyman Capital and Inspired Through Sports on board, Populous World look forward to welcoming many more SMEs and start-ups onto the platform. To enquire further, contact; email@example.comLou Chan, Populous WorldImprove your cash flow by selling invoices.Follow us on Instagram! @populousworldPopulous World — a giant leap forward for SMEs was originally published in Populous World on Medium, where people are continuing the conversation by highlighting and responding to this story.
18. 10. 01
Peer-to-Peer lending opens ...
The latest statistics published by the Peer-to-Peer Finance Association (P2PFA) unveiled that the peer-to-peer lending industry contributed more than £1 billion to the UK economy in the second quarter of 2018.The P2PFA says, “small and medium-sized businesses make up approximately half of the UK’s turnover and half of all employment, yet continue to face difficulties accessing finance through traditional channels”.The P2PFA data also indicates that after the vote in 2016 for the UK to leave the European Union, the number of lending by the banks to small businesses dropped significantly, turning negative in the last quarter of 2017 (-£74 million). However, the fall in lending from banks has not hindered the number of SMEs and start-ups from growing, in fact, peer-to-peer lending has inspired and encouraged entrepreneurs, as it allows them to achieve growth and sustainability for their business, which they once were not able to foresee having been refused funding from the banks, hence the rise of alternative finance providers such as invoice financing companies.The rise of peer-to-peer lending is a preferred choice for entrepreneurs and small businesses in today’s economy because the process enables them to get approval and receive funds quickly.In today’s economic climate, we are constantly experiencing change. New and existing entrepreneurs are boldly competing with big conglomerates that monopolise market share and dominate specific sectors. However, the adapting and emerging business owner of the digital world we live in today is stepping up to the demand and interest of consumers that are continuously looking for something innovative and accessible, whether it be an eco-friendly clothing boutique, a bustling coffee house where professionals can spend the day working from their laptops, new ways to shop, tech savvy gyms or a pop-up restaurant. Creative and ambitious entrepreneurs now see a way forward to make a mark in the business world, without having to face restrictive barriers at the banks, and peer-to-peer lending has opened a gateway for them to get one step closer to reaching their existing or start-up goals. The role of peer-to-peer has played a key role in establishing SME growth.Alex Oritogun, Funding Specialist at Populous World, says, “the rise of peer-to-peer lending is a preferred choice for entrepreneurs and small businesses in today’s economy because the process enables them to get approval and receive funds quickly. Our clients that seek finance often need funding in a short period of time, and our platform is able to deliver a quick time scale with less barriers, compared to the banks”.Peer-to-peer lending is rapidly evolving as an important source of finance. Invoice financing companies implement a form of P2P lending that is now a preferred choice for small businesses and entrepreneurs, providing the option to obtain capital out of receivables, and unlocking up to 95% of the value of invoices. Populous World is an invoice discounting platform that provides capital off of unpaid invoices, and recognises that business failure is most commonly a result of poor cash management. Populous World has created a global marketplace to bring together invoice buyers (investors) willing to pay the invoice sellers’ receivables (borrowers) at a discounted rate. For more information about our invoice discounting platform and how we can help unlock the cash flow your business needs, contact: Alex@populous.worldLou Chan, Populous Worldhttps://populous.world/invoice-finance/for-businesses.htmlPeer-to-Peer lending opens a gateway for SMEs was originally published in Populous World on Medium, where people are continuing the conversation by highlighting and responding to this story.
18. 09. 28
The changing face of the r ...
https://www.retailgazette.co.uk/blog/2018/09/boohoo-raises-forecasts-sales-beat-expectations/September 2018 has regrettably seen a slump in UK retail sales despite a ‘bumper summer’, according to City A.M . A fall in sales suggests that factors relating to changing consumer habits, squeezed household incomes and digital disruption all play a key role in determining retail growth, and further indicates that retailers today face significant challenges .If we look at the face of the world we live in today, it is evident that the digital revolution is here to stay; e-commerce, Instagram, Twitter, Amazon, Uber; are among just thousands upon thousands of online and data giants that consume the global economy.Online fashion retailer Boohoo jumped more than 10 per cent after it bumped up its forecast for full-year sales growth after a stellar first half, compared to store retailers that have suffered a slump in sales. Profit rose 22 per cent for the business to £24.7 million in the six months to August 31, according to the Retail Gazette. The difficulty retailers face today is the takeover of technology and big analytics tools adopted by e-commerce companies, used in order to track consumer trends and demand, to stay ahead of competitors and monitor industry performance.Boohoo, which also owns online fashion retailer PrettyLittleThing.com, saw revenue hit £395m within the first six months of the year, marking a sharp 50 per cent rise compared with the same period in 2017. These figures show that fast-growing online retailers are taking over the high street, and pushing store retailers further down the rankings, indicating a lesser demand for in-store shopping and a consistent rise of online usage.With the use of big analytics tools, online retailers are able to produce a fast-changing collection, in copious quantities and sizes, a wider range of products, clearance and sales sections, and promotional offers.For online retailers such as Boohoo, it is much easier to use big analytics tools as they can access real-time data and integrate it into Populous World’s business intelligence platform and derive meaningful conclusions which then leads to better decision making and efficient business operations.With this information and other sources of big data, retailers can capture changing consumer trends and behaviour to predict customer demands, which can advance them ahead of competitors and offer a competitive edge. Big data is becoming a game changer in the retail sector and has impacted the landscape of retail for the foreseeable future.According to the Economist, data has now overtaken the oil as the most valuable resource in the world. As competition gets more intense, it is time for businesses to synergise internal analytics data with external data all in one platform to reap the rewards of the world’s most valuable resource.Lou Chan, Populous World.For more information about our business intelligence platform and to reap the benefits of big data analytics, visit: https://populous.world/business-intelligence.htmlThe changing face of the retail industry was originally published in Populous World on Medium, where people are continuing the conversation by highlighting and responding to this story.
18. 09. 27
The emergence of retail bu ...
The retail analytics industry is constantly evolving, meaning there is a myriad of data and analytics collected every single day — from emerging trends and sales, to changes in the global market and everything in between.As fast-paced and insightful the retail industry is, it has been rather a slow bloomer in adopting business intelligence. Considering the insight and decision-making abilities that a business intelligence solution might provide, the retail industry has not full grasped the opportunity that was available to them before other sectors such as technology and finance.How retail business intelligence is making a differenceThe purpose of business intelligence tools is to generate data and analytics, which provides increased insight and visibility into day-to-day operations, in a digestible format. Generally, the retail market works on low net profit rates (between 1.5% to 5%), indicating that optimisation and cost-cutting matters significantly. Below mentioned are some of the key areas where the application of business intelligence is drastically making an improvement, enabling retailers to grow their businesses.Costs, stock management, and prices:With a low net profit margin, pricing a product dynamically but remain competitive is a real challenge. All costs of doing business has to be taken into consideration as well as unexpected situations. However, retail business intelligence can not only aid in determining the right price, but can also assist in seasonal-based decision making. Through the proper application, a business can solve one of the greatest challenges of the retail industry of stock level management. With the help of the business intelligence application, you can not only monitor the real-time inventory but also set up an automated purchasing system based on the past purchasing trends.Customer analytics:Understanding the right pattern can unlock a greater customer relation potential. Through understanding reports from retail business intelligence, the organisation can observe the customers buying habits like preferred payment method, time spent in store and walk-in pattern. Decision made based on these reports, in turn, helps provide customers with a better experience while optimising the business processes.Vendor management and evaluation:Vendor evaluation is a key factor in a business’s growth. With a retail business intelligence solution, you can evaluate the factors such as client satisfaction, delivery time and brand perception.Planning and forecasting:Planning your next steps based on previous months’ performance is no longer limited. With the BI system in place, the user can instantaneously view the performance of a store and can even foresee factors affecting it.The Populous World XBRL platform (PXP) offers business intelligence solutions, and provides an easier understanding of data visualisation, accelerates a business’s growth and achieve longevity, by using advanced blockchain and big data processing technologies effectively.With the platform, retailers and investors can access reports, which compresses weighty statistics into digestible information.Lou Chan, Populous World.The emergence of retail business intelligence for retailers worldwide was originally published in Populous World on Medium, where people are continuing the conversation by highlighting and responding to this story.
18. 09. 26
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