Men’s specialty retailer streamlines financial transaction auditing

As retailers expand the breadth of their omnichannel operations, they need better visibility into their financial data.



This is not an easy task for retailers like Tailored Brands, whose expansive retail portfolio includes Men's Wearhouse, Jos. A. Bank, Joseph Abboud, Moores Clothing for Men and K&G Fashion Superstore. The company also operates a global corporate apparel and workwear group consisting of Twin Hill in the U.S. and Dimensions, Alexandra and Yaffy in the U.K.



By adding a new auditing solution from Aptos, Tailored Brands is improving its financial visibility and decision making across its extensive omnichannel retail enterprise. The Sales Audit solution is designed to validate and relay accurate and timely transaction information throughout the enterprise, integrating data from its point-of-sale and legacy back end systems, for improved decision making, streamlined operations and reduced costs.



The solution ensures the integrity, accuracy and availability of detailed transactional data from every sales channel and touch point, and streamlines audit activities. Aptos’ central audit repository receives all transaction data, applies it to a consistent and robust set of business rules, and then quickly feeds all validated data directly to the entire retail enterprise.



“Aptos Sales Audit will provide a unified view of our enterprise financial transactions across all channels and brands,” said Uma Bhemisetty, senior VP, interim CIO, at Tailored Brands, which operates more than 1,700 stores in the United States and Canada. “This will give our finance team the ability to easily quantify and qualify our financial performance in all areas down to the individual store-level so we can continue to enhance our global omnichannel retail strategy.”