Accounting and consulting for the retail industry

Aider has long had a conscious focus on the retail industry. We have employees with extensive experience as finance managers and accounting staff from nationwide clothing chains and we have good insight into the industry's challenges and characteristics.

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Challenges in the industry

Retail is a constantly changing industry, influenced by new shopping patterns, seasonality and digitalization. Many stores experience challenges with:

Procurement management: balancing between enough goods and excessive inventory costs
Liquidity: large seasonal peaks can create fluctuations in cash flow
Staffing: having the right number of employees at work at the right time
Systems: interaction between checkout solutions, online store, payroll and accounting
Competition: from chains, e-commerce and new concepts

We know that the key to a profitable store lies in control, overview and smart choices - both in terms of numbers and operations.

In retail, it's all about flow - of goods, people and money. When we get the numbers to reflect your operations, you can manage more on insight and less on gut feeling.

Aider can assist with:

With extensive retail experience, we help our customers with far more than just accounting and payroll. We know the industry and know where the shoe pinches. At Aider, you get an advisor who understands both the numbers and store operations. Among other things, we can help you with:

- We help you find and connect the systems that actually talk to each other - from POS and online store to accounting and rostering. Good integration saves you time and reduces errors, while giving you real-time data on sales and staffing.
  
  "We often see that small adjustments in system flow can save store owners many hours of manual work every week."
- We assist you with everything from setting up payroll systems and absence registration to handling collective agreements and overtime rules. Our advisors also help you ensure good routines for personnel follow-up and cost control.
- Realistic budgets give you better control over seasonal variations and greater confidence in your decisions. We help you set up purchasing budgets that provide a good flow of goods without tying up too much capital in inventory, and liquidity budgets that provide predictability throughout the year.
  
  "For many stores, liquidity is the biggest challenge. We help you to plan, not just react."
- Standard reports rarely provide what you really need. We develop reports and dashboards that show the key figures that matter to you - such as gross profit, inventory situation, hourly cost per employee and campaign results. So you can make quick, right decisions - without waiting for the next monthly report.
- Through our partner agreements, you can get good terms on payment solutions and credit cards, adapted to your store's needs. This can contribute to better liquidity, easier handling of purchases and reduced costs on payment transactions.
- Many stores commit to agreements that can be difficult to change later. We can help you review terms and look at alternative solutions - whether you're considering franchising, renting premises or investing in your own concept.
  
  "It's often in the contracts that much of the profitability lies. We make sure you have an overview and play with good cards from the start."

We know retail - inside and out

At Aider, we work with some of Norway's most exciting retailers - from local stores to nationwide chains. We understand what it takes to succeed in a rapidly changing industry: margins that need to be optimized, product flows that need to work, and decisions that need to be made on the right basis - every day.

With us, you get a team that doesn't just know numbers - we know retail. We know how to create profitability in a hectic everyday life, and how to use data to stay one step ahead of your customers.

Accounting and consulting for the retail industry

Challenges in the industry

Aider can assist with:

We know retail - inside and out

Want to have a chat with us?

Øyvind Lie