Construction site features
Latest news
RedSky IT wins the Construction Computing Awards Product of the Year 2007 for Summit
At a gala dinner in London on the 21st November, RedSky IT scooped the top award for Product of the Year for their Summit product, this prestigious award was voted for by the readership of Construction Computing Magazine.
RedSky have secured an order from J H Shouksmith & Sons Ltd for Summit 5000 Contract Accounting and Operational Management solution.
Mark Foster, Shouksmiths Financial Director comments “We were looking for an integrated package that had the scope and flexibility to meet both our current requirements and future needs. After a 6-month review of the financial products available for
 
rhs1 Upcoming events
RedSky IT are to exhibit at the forthcoming IT Showcase events at Heritage Motor Centre, Warwick on the 21st May Celtic Manor, Gwent on the 10th June
More...
 
rhs1 Our customers
View our customer references and case studies
More...
 
rhs1 I'd like to:



Xchange eCommerce Solution



With a large customer community in the construction industry using our financial software to manage their operations RedSky IT responded to the demand for electronic commerce (ecommerce) functionality.


The industry carries out a huge amount of purchasing, a lot of which is still done manually, over the phone and by using purchase order processing software such as that offered within our financial software packages.


Companies gain the benefits of automating the purchasing process using our software through invoice and GRN matching and by using site requisitions. However, there is always a manual process - ringing suppliers to confirm orders, posting the orders, receiving printed invoices - all of which costs businesses time and money.

Xchange Logo

The Xchange Solution


We developed and deployed an opportunity for any users of our financial software that have the Purchase Order Processing module to send electronic Business-to-Business (B2B) transactions to their suppliers.


The software, called Xchange, is included within our financial software products. All our customers need to do is register to use it and start trading electronically with their suppliers and partners.

So what does Xchange allow you to do?


In simple terms, you can now send a purchase order electronically to your suppliers. If they have registered to receive Xchange orders electonically, then your order data will go seamlessly into their sales order processing system. Otherwise the Xchange produced order will simply appear on their fax.


The Xchange enabled supplier can then issue their invoice back to you electronically, which will mean that the invoice can drop straight back into your financial system, for matching (which could be automatic and a seamless process).

The real benefits of using Xchange


Speeds up ordering - a click of the mouse and the order is sent out. You can still print it if needed. The order therefore will be received instantly with any postal delays - which means you get your materials to site sooner.


Saves you time by avoiding the admin of printing the order, putting it into an envelope and getting it posted. If you process hundreds of orders a week - it will be a huge time saving allowing staff to focus on more proactive buying tasks.


Saves you money - a typical order could cost up to £1 each time - covering the stationery, the cost of the stamp, admin time. Xchange charges a fee of 24p per order - less than the cost of your stamp.

"The impact Xchange would have on our ordering process was immediately obvious. Our Group has 3 buying departments each processing 50 orders a day. Our buyers would use either fax or telephone to place the order, with 75% of orders taking 15 minutes of our buyer’s time. The cost of the call could reach over £1 per order. So quickly I could add up the cost of placing an order and this was far more than the cost of ordering via Xchange”
Gary Spicer, Finance Director - The Knight Group


View more detailed information (PDF) on Xchange


View the PDF case study on how The Knight Group benefit from Xchange saving £25,000 a year


Contact us if you would like to trial Xchange


Contact us if you are a supplier that would like to receive Xchange electronic orders from our customer base