Profitect

Profitect, Inc., is a software company located in Waltham, Massachusetts, providing solutions to retailers with the end goal of increasing the client's overall profit margin. Originating out of Israel, Profitect employs a unique software platform, designed to provide solutions for increasing revenue and reducing cost.The software is used throughout the entire retail value chain, in order to identify trends and patterns associated with areas of leaking profit, including shrink, damage, costing errors, waste, process errors, and more. They are able to provide retailers with an automatic, targeted set of instructions in order to reclaim the existing untapped profit opportunities. Their "profit amplification" suite consists of five modules, including procurement, logistics & warehouse, delivery & receiving, inventory, and point of sale.