Exchequer Testimonial - Claremont & May
Claremont & May, a significant player in the home fragrance market, has experienced tremendous growth since its foundation in 1991. The company nows employs over 120 people and has expanded into European markets.
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Home fragrance producer, Claremont & May's investment in IRIS Enterprise Software has delivered enhanced stock and sales visibility, reduced dispatch lead times, improved delivery accuracy and enhanced customer relationships.
Combined with the ability to automatically produce product and fulfilment information in several European languages, these improvements have resulted in a doubling of sales in Europe within 12 months. Over the next year the company plans to leverage its investment in Exchequer - from IRIS Enterprise Software to embrace eBusiness and provide customers with online access to stock, order placement and delivery schedules.
European Expansion in Home Fragrance
Claremont & May is Europe's leading producer of home fragrance products. The company sells a range of goods such as fragranced oils and scented candles to supermarkets, department stores, garden centres and independent retailers. In addition to own brand products, the company produces privately branded goods for both supermarkets and department stores.
Since its foundation in 1991, Claremont & May has experienced significant growth in the booming home fragrance market and now employs over 120 people. Expansion has also been significant in Europe with sales to France, Germany, Luxemburg and Holland showing significant growth.
The rapid expansion placed significant pressures on an IT infrastructure based originally on an AS/400 based system from Chorus. The need for frequent modifications and a huge demand for new reports were adding a significant financial burden to Claremont & May. As Malcolm Parker, IT Manager, Claremont & May explains, "The AS/400 system was hugely expensive to maintain and upgrade which created a major challenge in a fast moving business. Each new report represented a significant cost to the business. With ambitious plans for European expansion it was evident that Claremont & May needed to invest in a more flexible, responsive and intuitive IT solution."
Excellent Functionality
Having reviewed the market, Claremont & May opted for Exchequer from IRIS Enterprise Software, a leading mid-range accounting software product. "Exchequer is, without a doubt, the most easy to use financial solution in the market," Parker says. "This user-friendliness was key for Claremont & May since many people in the company had never used a computer before. Exchequer's highly customisable screens are a significant advantage and really boost usability." He adds, "Exchequer's multi-currency functionality was essential to support our European business, while the paperless technology offered clear opportunities for efficiency improvements throughout the company."
The implementation of Exchequer was project managed by accredited Exchequer Reseller 5 Star Computer Systems. Data conversion was managed via an import module into Exchequer - a process that took only one weekend. "5 Star handled the process very efficiently," says Parker. "Furthermore they delivered a broad range of training courses from Microsoft Office to four day Exchequer courses for management to meet our diverse user requirements."
The company has a 24 concurrent user license, which it plans to extend in the near future, with users spread across the company from sales and dispatch to senior management. Furthermore, Claremont & May has used Exchequer Software Developers Kit (SDK) to develop new stock control modules that utilise hand held barcode devices to integrate seamlessly with Exchequer. The developer's kit leverages Microsoft's COM (Component Object Model) technology initiative to provide an industry standard platform for integration, customisation and reporting.
Improved Sales
A key benefit from the investment in Exchequer has been the ease with which Claremont & May can now manage its biannual product price change. With many of its 500 products subject to as many as seven different price structures based on volume of sales, distribution channel and currency, each price change affects as many as 3,000 prices. In the past, this process took up to 100 hours. Now, using spreadsheet and OLE functionality, the changes can be loaded into Exchequer in minutes.
"We also have complete information visibility," he says. "The sales team can immediately see the prices for each customer and can export those prices to the customer if required." Critically, information on products is now also available in local language versions. Stock information is stored in English and automatically converted to Dutch, German or French for orders and sales confirmations using Exchequer's alternate stock database. "The result has been a significant improvement in customer relationships that has seen sales double to these European countries in the past year," Parker confirms.
Enhanced Efficiency
Claremont & May are using Exchequer's paperless technology to improve the efficiency of the sales process. Faxed or posted orders are scanned and saved into Exchequer by account code, ensuring all orders are visible and have an accurate, up to date audit trail. "One major benefit of this technology is our ability to report information to our agents about their sales and commission via email or fax. Indeed, the use of Exchequer's fax technology saves the company at least £5,000 annually," he says. The paperless technology is also used to distribute Exchequer reports throughout the organisation.
Effective Dispatch
The company is also leveraging its barcode system and hand held devices to produce automated picking lists for dispatch - replacing the manual process that relied on the experience of dispatch personnel. Now Exchequer analyses goods on order and goods in the warehouse and creates a picking list to ensure most efficient product distribution.
The system can also be used to prioritise certain customers, countries or market areas, dependent on company policy. "In the past, dispatch personnel were provided with hundreds of picking lists representing thousands of orders and had to decide what deliveries were possible each day. Now the process is automated, efficient and closely aligned with corporate policy. Lead times have been significantly reduced and we can prioritise orders effectively," he says.
The ability to tailor screens to individual user roles has enabled the company to introduce new warehouse personnel to the system without training. "This is a major cost saving in an area that typically has a degree of staff turnover," says Parker. "This ease of use combined with automated picking lists has enabled Claremont & May to improve productivity and accuracy by 50 percent. In addition to contributing significantly to the bottom line, this efficiency has been recognised by customers who can now enjoy faster product dispatch."
Online Business Plans
The company's next goal is to leverage Exchequer's eBusiness solution to provide customers with secure, online access to their account to view stock levels, order goods and monitor delivery schedules. "We plan to work with 5 Star and IRIS Enterprise Software over the next year to implement eBusiness capability," he says. "Online ordering will represent a huge financial benefit for both Claremont & May and our customers, and deliver a significant service improvement."
He concludes, "The investment in Exchequer was the best IT decision Claremont & May has ever made. The entire investment has cost less than Y2K compliance on our previous product and delivered huge benefits from increased sales and improved customer relationships, to reduced lead times and accurate dispatch. Furthermore, with IRIS's frequent delivery of upgrades to Exchequer I am confident that Claremont & May has invested in a product that will continue to support our business expansion in both the UK and Europe.
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