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Software Status:Active

About GoFact

GoFact is a retail management software from GoFact that simplifies inventory and sales analysis. It combines inventory management, sales tracking, and reporting tools so businesses can make informed decisions. With an easy-to-use portal, users can quickly access vital data to assess performance and identify trends. GoFact supports various retail operations, allowing brands and retailers to monitor stock levels and sales performance efficiently. Key capabilities: inventory management sales tracking reporting tools user-friendly interface data analytics Best for: retailers and brands that need to analyze inventory and drive sales performance.

GoFact Details

Vendor
GoFact
Year Launched
2016
Location
Neptunvej 6, Ikast, DK 7430, DK
Deployment
cloud, ios, android
Training Options
videos, live online
Countries Served
All Countries.
Languages
English, Spanish, French, German, Italian, Portuguese, Dutch, Russian, Japanese, Chinese
Users
Retail chains - Onliners - Brands
Industries Served
Retail, Lifestyle Brands, Fashion, Footwear, Accessories, Home Goods
Tags
Business Performance Management, Inventory Management, Retail Management Systems, Supply Chain Management

GoFact's In-App Market Place

Does GoFact have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

USD ($), EUR (€), GBP (£), AUD (A$), CAD (C$), JPY (¥), CNY (¥), INR (₹), BRL (R$), RUB (₽)

Pros & Cons

  • Inventory Optimization Across Channels: GoFact excels at optimizing inventory across multiple sales channels (e.g., online, physical stores), helping businesses balance stock levels and maximize sales.
  • Increased Sales and Gross Margin: Users report success in increasing sales and gross margins through better inventory management and optimized stock allocation.
  • Reduced Inventory: The software effectively helps businesses reduce excess inventory, minimizing holding costs and improving cash flow.
  • User-Friendly Interface: GoFact is consistently praised for its clean, easy-to-use interface and intuitive navigation.
  • Strong Customer Support: Users report positive experiences with GoFact's customer support team, highlighting their responsiveness and helpfulness.
  • API Integration: The software offers easy API integration with other systems, facilitating seamless data exchange.
  • Transparency and Overview: GoFact provides a high level of transparency and a clear overview of stock and allocation across different locations and platforms.
  • Effective Auto-Replenishment: The auto-replenishment module, powered by advanced statistical modeling, is considered a key strength, especially in volatile retail environments.
  • Focus on Demand Plan Execution: GoFact is designed to help businesses effectively execute demand plans, bridging the gap between planning and action.
  • Suitable for Fashion and Related Industries: The software is specifically designed to handle complex product hierarchies common in fashion, shoes, accessories, and lingerie.
  • Limited Demand Insights for Missing Products: The software's demand insights are primarily based on existing inventory, making it less effective for predicting demand for products not currently in stock.
  • Incomplete Features (Past Issue): Some older reviews mentioned that some features seemed "half way done," suggesting potential issues with feature completeness in the past. It's unclear if these issues have been fully resolved.
  • Lack of External Supplier Campaign Management: One user mentioned the lack of functionality for managing actions or campaigns with external suppliers.

GoFact's Support Options

Email Address

Info@gofact.net

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