Company Background 

Hallenstein Glasson Holdings Limited(http://www.hallensteinglasson.co.nz)  is a retailer of menswear and womenswear, listed on the New Zealand Stock Exchange.

The company operates in excess of 110 stores, with 25 stores in Australia. Hallenstein Glasson Holdings Limited was formed in 1985 on the merger of Hallensteins - an iconic menswear retailer first

established in 1873, and Glassons – a fast fashion retailer founded in the early 1900’s.

Hallenstein Glasson is recognised as New Zealand’s leading specialty retailer, and is now making an entry into the Australian market with its Glassons brand. 

Hallenstein Glassons Ltd have replaced their legacy CBA Accounting Software with Microsoft Dynamics NAV with the project commencing live operation in November 2009. The project involved the close integration of Microsoft Dynamics NAV with their existing Retail Management system Management 2000. 

Some  Key benefits of the integrated Microsoft Dynamics NAV/Management 2000 system are:

• Automated periodic importing of full transactional POS data and posting of this to the Accounting System. This process removes the need for posting of manual journals to record this information.

• Automated bank reconciliations including statement importation plus automated coding and application of deposits to cash clearing accounts by payment method.

• Online web based SQL reports with drill down capabilities have been provided to store managers to review store banking and variance summaries.

• Flexible financial reporting including store profit and loss, multiple company and consolidated results being available on screen with drill down capabilities and/or as printed reports.

• Fixed Asset Management including store fitout and constructed assets.

• Audit trail and drill down capabilities from financial results to underlying POS transactions.