Top 5 Retail Auditing Software: Price, Benefits, Features, and Comparison

Managers may find it difficult to navigate the broad market for audit software, specifically retail auditing software. After all, the choices you make for your chain or store may impact your operations and financial results, especially when it comes to selecting retail auditing software. 

Making the right decision depends on knowing what retail audit software should have and how to use it to streamline your business processes. Through this blog, you will come to know about the salient features and advantages of buying auditing software.

What is a Retail Auditing Software?

Retail audit software is a type of internal auditing software made specifically for retail companies to help them effectively gather, examine, and present operational data.

Retail chains and individual stores can use these technologies to manage and analyze sales, inventory levels, pricing, merchandising, pricing compliance, adherence to corporate policies, the success of their promotions, and other business-related activities.

Criteria for Evaluation for Retail Auditing Software

When selecting retail audit software, there are several things to take into account to find the best fit for your company’s requirements. Look at the following criteria:

Active Features 

Look for software with an extensive feature set designed with retail audits in consideration, such as real-time reporting, inventory management, compliance tracking, and data analysis capabilities.

Pricing Models 

To try the tool before purchasing it, look for solutions that offer free trials or demos and compare the price plans of various software packages.

Integration 

Look for the software’s ability to link with other systems your company uses, such as point-of-sale (POS), enterprise resource planning (ERP), or customer relationship management (CRM) platforms, for data consistency and faster operations.

Real-time Data and Analytics 

Without high-quality data, reliable choices cannot be made. This involves quickly collecting as much information as you can and turning it into a guide that your team can put into practice.

Customization

Look for software that allows for plenty of customization in reporting, audits, and data analysis. Cookie-cutter solutions don’t always satisfy businesses’ specific demands.

Security and Compliance

To safeguard the company and consumer data, the software should be completely compliant with data protection laws and have robust security measures.

Comparative Analysis of Top 5 Retail Auditing Software

If your company does not currently have a retail audit system in place or if you would prefer something more advanced, you have a number of options. These are the 5 best retail store audit software packages on the market right now:

1. Taqtics – An all-in-one Retail Operations Management Solution 

Taqtic’s software for retail audits is intended to help companies perform more efficient, well-organized, and straightforward audits. Using retail audit software, you can ensure that your retail store complies with all applicable laws, rules, and industry standards. Traditional paper-based checklists and countless sheets won’t cut it in this competitive, technology-driven world. For this reason, we have retail audit software like Taqtics. 

Rating

4.9/5

Pricing

Please get in touch with the vendor for pricing

Free trial

A free trial is available

Pros

• It incorporates a variety of tools for cooperation and communication into a single platform for smooth operation.
• Enhances group efficiency through immediate editing and sharing of documents
• It provides functionalities like screen sharing and recording for large-scale video calls.
• Managers have access to real-time data on each store’s adherence to SOP, audit performance, façade, upkeep, and daily performance.

Cons

• Workflow management can still be enhanced, and the interactive dashboard feature needs to be improved.
• Customizing an application requires a little more time.

Key Features

• Store audits can be created, scheduled, assigned, and carried out with ease using Taqtics. 
• Taqtics makes it simple to create quizzes and assessments, upload training modules, and allocate them to various teams according to role, location, or name.
• The mobile app allows auditors to take notes, upload images, and record videos to create dashboards and reports that are ready for review right away. 
• Taqtics reduces the time spent on report creation and submission by offering customizable PDF reports, which increases productivity.

2. GoAudits – For its intuitive interface

GoAudits is a flexible retail auditing program renowned for its feature-rich design and easy-to-use interface. Users can perform inspections with GoAudits for any kind of use case, including internal auditing, property appraisals, quality control, store inspections, and more. For up-to-date information, GoAudits instantly generates insightful reports and sends them by email to the appropriate recipients.

Rating

4.8/5

Pricing

• Starter plan: $10 per user per month. Enterprise plan: $30 per user per month (billed annually).
• In addition, the company provides a 60-day money-back guarantee and discounted rates for large teams.

Free trial

14-day free trial

Pros

• It is user-friendly and has an intuitive interface.
• Offers individualized reports and checklists
• Enables efficient work management through interactive dashboards

Cons

• The requirement for online access for certain functions may limit the software’s usefulness in places with poor reception.
• The setup and modification of audit schedules could be done in a more user-friendly manner.

Key Features

• It provides intelligent scoring, offline and online functionality, and instant report generation.
• It offers advanced task management, analytics, and extra features for various audit types, including food safety, health and safety, and incident handling.
• It has built-in real-time management visibility, allowing employees to use the retail audit apps to quickly identify and fix issues.

3. SafetyCulture – For safety-conscious retailers

A powerful platform, SafetyCulture provides several features made especially for managing retail stores. This mobile-first platform allows retailers to improve efficiency, safety procedures, and operations management. One of the main advantages of using it is its ability to centralize all retail store management tasks onto a single platform. For more insights on streamlining operations, check out our guide on Store Management Software – Optimize Your Retail Business.

Rating

4.6/5

Pricing

• For small teams and individuals, there are free versions available.
• When paid annually, the Premium version costs $24 per seat per month. For an additional $5 per user per month, infrequent users can add “lite seats.”
• For a customized Enterprise-level price, get in touch with the business.

Free trial

SafetyCulture provides a free trial membership.

Pros

• It has an easy-to-use interface.
• Enhanced reporting features and offline auditing capabilities.

Cons

• More complex features come with a learning curve.
• For beginners, the customization options are overwhelming.

Key Features

• Use pre-made retail store visit checklist templates to conduct retail store audits, or make your own.
• Examine audit data to learn more about the operation of the store.
• Assign steps and action items to guarantee compliance.
• Connect with current Point of Sale (POS) or inventory systems.

4. Repsly – For a user-friendly interface

Repsly is a retail auditing program renowned for its functionality and ease of use. With Repsly’s retail execution software, field teams record the precise location and pricing of their products, giving them a strong retail audit tool that makes it easier and faster than ever to identify and fix execution errors.

Rating

4.4/5

Pricing

• Enterprise, Pro+, Premium, and Essentials are the four price tiers. For pricing, get in touch with the business.
• Optional add-ons are offered.

Free trial

No free trials offered

Pros

• It is easy to use, even for those without technical knowledge
• Great for creating personalized reports and monitoring sales representatives
• Excellent client service

Cons

• Occasionally, problems are loading the application.
• Certain restrictions on the integration and exporting of reports with widely used ERPs.

Key Features

• Provides customized reports to meet a range of needs
• Incorporates report timestamping and geotagging
• Features map activity tracking and GPS tracking.
• Calendar schedules and forms for field service actions are included.

5. VisitBasis – For versatile retail audit solutions

VisitBasis, the retail audit software, aims to improve the efficacy and efficiency of merchandising and retail audits. It allows for the standardization of the audit procedure, guaranteeing that every store is examined uniformly to produce more accurate and consistent data.

Rating

4.3/5

Pricing

• $15 per month for each user.  
• Merchandising and scheduling are two more premium features that cost $4 per user per month.

Free trial

14-day complimentary trial with access to all premium features

Pros:

• Highly adaptable reports and forms to match individual client and project requirements
• provides a user-friendly interface that needs minimal guidance
• allows for the collection of various types of data, such as barcodes and photos.

Cons

• Certain functions can become inaccessible when there is a power or internet interruption because they depend on online access.
• Although the basic functions are easy to navigate, using the more advanced features may necessitate some learning to get the most out of them.

Key Features

• Includes a basic offline mobile app for field representatives so that teams can continue working on the audits without internet access.
• Supports a variety of tasks, including scheduled audit visits and one-off jobs.
• Includes completely adjustable analytics and reporting.
• Provides integrated GPS tracking of field agents’ current positions.

Conclusion

There are many different types of retail audit software, so it’s essential to do some research before choosing the one that best suits your company’s requirements. Selecting the right audit software requires evaluating your company’s unique requirements, taking into account factors like budget, auditing process complexity, and business size.