Epicor Software has unveiled a new version of Retail Business Intelligence, which it claims to provide enhanced features to help retailers gain timely business insight to gauge and improve execution and assist in enterprise decision-making.

According to Epicor, the new Retail BI 2.0 features an enhanced user interface that supports intuitive information access, and an extended data model encompassing a range of retail operations across the enterprise.

The new version also features a retail data model powered by Microsoft BI tools. Using a data warehouse and cube optimised for queries, the new version supports custom reporting with automatic drill downs, rich analysis capabilities, dashboards to monitor critical business metrics and a variety of direct action tools, the company said.

In addition, the new suite supports the ability to integrate customer-defined external data elements, allowing retailers to extend their data model, enabling them to access and analyse critical information and gauge performance across a range of data streams.

David Henning, executive vice president and general manager of Epicor Retail, said: “The new features in our Epicor Business Intelligence 2.0 solution gives retailers greater insight across retail operations for improved management and business execution. The expanded functionality gives retailers the ability to react to changing market conditions, identify customer segments and improve purchasing, forecasting and profitability while optimising overall store performance.”