Redwood Software

Type: Company
Name: Redwood Software
First reported Oct 15 2014 - Updated Oct 15 2014 - 1 reports

Amazon stores could pressure back-end operations

Online retailer Amazon (NASDAQ:AMZN) is eyeing the physical world with plans to open stores. And in spite of the e-commerce giant's prowess at just about everything it attempts, the real-world effort could put pressure on its back-end operations.Amazon ... [Published FierceRetail - Oct 15 2014]
First reported Sep 30 2014 - Updated Sep 30 2014 - 1 reports

Take Heed of Tesco

Slough TescoNeil Kinson 08:58AM - Tue 30th September 2014With news that Tesco overstated its financial figures by £250m, Neil Kinson, vice president, EMEA, Redwood Software discusses the importance of automating critical processes to help retailers achieve ... [Published Retail Gazette - Sep 30 2014]
First reported Sep 24 2014 - Updated Sep 24 2014 - 1 reports

'Tesco-gate' strong argument for financial automation

Recent profit miscalculations at Tesco illustrate how large organisations can use technology to their advantageIt emerged this week that Tesco had overstated its half-year profit guidance by £250m, caused by delayed accrual of costs, which constituted ... [Published Retail Technology - Sep 24 2014]
First reported Sep 22 2014 - Updated Sep 23 2014 - 1 reports

Tesco launches investigation into £250m profits overstatement

Tesco has warned pre-tax profits for the last six months have been overstated by £250m.Tesco said the overstatement was “principally due to the accelerated recognition of commercial income and delayed accrual of costs”.Tesco added that some of this impact ... [Published Retail Times - Sep 22 2014]

Quotes

"The customer has adapted to them, and in this case they may have to do some adapting to the customer," said Rauscher. "Amazon is up to the challenge, but the back end needs to be very mobile and the systems much more flexible."

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Amazon stores could pressure back-end operations [Published FierceRetail - Oct 15 2014]
Take Heed of Tesco [Published Retail Gazette - Sep 30 2014]
'Tesco-gate' strong argument for financial auto... [Published Retail Technology - Sep 24 2014]
Tesco launches investigation into £250m profits... [Published Retail Times - Sep 22 2014]
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