ERP is a critical corporate technology solution for retail firms and brands. It is also a necessary tool in banking, accounting, risk management, and a variety of other businesses. Because retail firms sell to customers directly, their Retail ERP solutions must incorporate consumer-oriented functionality in addition to typical ERP functions. Some solutions are tailored to specific industries, such as fashion, food, and groceries, and can give features that are extremely beneficial to those businesses. Owners of retail businesses may be looking to replace or invest in a certain piece of software in order to improve their capabilities or meet the demands of their expanding firm.