ID Retail is the organisation behind the successful Pieces brand for Fashion.
In corporation with Adminimize ID Retail managed to optimize the processing of invoices. Resulting: faster processed, less error and a reduction of the overhead cost. Let me introduce. ID Retail (175 employees) is one of the partners of the international 'Bestseller' organisation. Supplier of brands like Vero Moda, Jack & Jones, Vila, Mama-Licious, Name It, Only and Pieces. ID Retail started in 2000, their head quarters is based on the Staverden Castle (Ermelo). Since 2008 the organisation focuses on the 'Pieces' brand. At the moment there are 20 shops of Pieces in for example Amsterdam, Rotterdam, Den Haag, Utrecht, Amersfoort, Zwolle and Eindhoven.
The challenge: The mainly manual processed invoice stream in Exact was a real challenge in the past. For example it cost more than 375 hours per year to enter those invoices manual in accounting system.
With the introduction of Adminimize this has been changed
- ID Retail saves 375 hours per year, by avoiding manual entering of the Bestseller invoices.
- Due to automatic process the whole administrative organisation has been streamlined and improved.
- All invoices of Bestseller, Vila, bank statements and Cash register entries are automatically converted and booked.
- An enormous reduction of the number of errors and the time needed to investigate and correct those errors.
- The organisation can grow without problems. It can open new shops without an increase of admin staff.