Jos Richardson & Son
ABOUT JOS RICHARDSON & SON
Jos Richardson & Son is a family run business that has been in operation for over 130 years. They are fuel and convenience retail experts running 8 petrol stations in the UK along with two new convenience stores.
It works closely with partners who have established recognisable brands including SPAR, Jet, Shell BP and Subway. Its ambition is to lead in all aspects of business including achieving the best possible financial performance in forecourt retailing.
INDUSTRY: Retail & Forecourt
ROLLOUT: 8 Locations
LOCATION: North, West and East Yorkshire
Jos Richardson has been expanding its business across the UK, growing its fuel retail business into a convenience retail offering. With this expansion comes increased admin. and accounting workload for head office, which takes up significant time and resources.
Jos Richardson & Son needed to restructure manual tasks in its accounting function, automate data entry and eliminate paper reporting. The end goal was to streamline data from eight different forecourt sites into one central location. To meet these needs, the group partnered with Envisage, to implement its Connections software.
Envisage installed its Connections software to streamline business administrative processes, provide accurate real-time information and greatly improve business performance.
It seamlessly connects in-store sales, cash and delivery data with Sage 200 to enable data to flow seamlessly. Since implementation, inputting sales transactions, matching purchase invoices with deliveries and completing bank reconciliations have all been automated.
These, along with the planned introduction of an integrated document management solution, will enable efficiencies as well as time and cost savings, so that Jos Richardson & Son can scale while keeping accounting costs in check.
Better visibility of business performance as well as in-depth financial reports and statements based on real-time data, equip Jos Richardson & Son with the vital information needed to expand and scale the businesses.
+100% ROI in Months
The high return on investment means that Connections has paid for itself within months.
Substantial Time Savings
Tasks such as posting purchase invoices, which previously took three hours per store, now only take 10 minutes.
Enhanced Decision Making Capabilities
The solution helps to identify business trends and has improved management decision-making.
Seamless Data Flow
Delivery data flows seamlessly between the eight stores and Sage accounting function.
Improved Visibility & Reporting
Sales and financial reports are automatically integrated and management reports, such as margin analysis, which previously took a month to create, are now instantly available.