Introduction

What are the main differences between EMP and other typical accounting stock and point of sales software?

  • Wavelet EMP is web-based, most other systems are Windows / desktop based

  • Wavelet EMP can support multiple companies in a single database, whereas most other software save the companies into different databases

    • This means that Wavelet EMP can carry out many cross company business logic easily , for example, an item code can be created once, and used across multiple companies sitting in the same database, the sales invoice of company-01, can be copied to become purchase-invoice of company-02 easily. Membership points can be shared across multiple companies and reconciliation can be done easily.

  • Wavelet EMP licensing model is by number of branches (unlimited users). This is very different from the pricing model of the other software that charges by user license. For companies with a lot of users, this makes perfect sense.

  • Wavelet EMP runs on open source software platform, that means, businesses do not need to pay extra for expensive microsoft SQL server licenses or other commercial software licenses

  • Unlike other general purpose accounting systems, Wavelet is specifically designed for franchises and chainstores. It is ideal for companies with multiple subsidiaries and branches.

  • Wavelet EMP is a tightly integrated systems, complete with Accounting Module, Point of Sales, Inventory Management, Membership (Customer Loyalty Programme), Procurement, Sales Order, Sales Commission Calculations, and many more.

Wavelet EMP is suitable for what type of business ?

  • Wavelet EMP is very suitable for retail chain stores and franchises

  • Existing EMP users, include businesses in the following industries:

    • Consumer Electronics retailers

    • Computer and IT retailers

    • Mobile Phone retailers

    • Pharmacies

    • Car Repair Workshops

  • Businesses with the following characteristics would find EMP very useful too:

    • Companies with retail chain stores and many branches

    • Trading and Distribution companies

    • Companies with multiple subsidiaries and lots of inter-company transactions

    • Companies with a lot of inventories

    • Companies with many branches

  • EMP may not be the best for the following type of businesses

    • Retail grocery stores

    • Restaurants

    • Hotels

  • What are the major modules in Wavelet EMP Complete list of modules of EMP are available here: https://wavelet.atlassian.net/wiki/spaces/WMS/pages/2097172/WMS+User+Manual+for+Modules

  • Why would businesses that are already using POS, Inventory , Accounting be switching to Wavelet EMP?

First of all, it depends on the current system they are using. * For MYOB System Users Thunder Match was previously using MYOB for their accounting , and Atrex Point of Sales. The Atrex is a windows application, and it doesn’t integrate with the MYOB accounting, this result in plenty of duplication of work…​ to re-keyin all the Point of sales transactions into the MYOB accounting. Besides, the average costing calculations for IT and consumer electronics that are very price sensitive with low margin

  • For AutoCount / SQL Accounting Users

    • For computer industry, Autocount lacks in serial number features and functions. There are a lot of computer industry related workflow and business logic is not supported. For example, the RMA module, the serial number features , the extended warranty functions etc.

  • For Smart-Accounting Users

  • For SAP Users

  • For IRS Software

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How do I convince a business to make use of Wavelet EMP ?

How should we introduce Wavelet EMP in email blasting?