How Exchequer from IRIS Enterprise
Software helped Westward Bound ensure accurate stock updates
on its latex catsuits, bondage toys, leather and PVC clothing
Say 'fetish' and what do you do? Giggle nervously? Think of
seedy old men in macs? Perhaps. But the reality is, the fetish
scene is alive and well, and coming out of the closet and onto the
World Wide Web.
You've only to look at the example of Westward Bound. Set up
by Steve Beech, one of the founding fathers of the scene, who
started his career organising fetish-themed parties 20 years ago in
London, as well as setting up a B, B&B - bed, breakfast and
bondage - Westward Bound is now a thriving business. Based in
Plymouth, Devon, the organisation now has turnover in excess of one
million pounds.
Moreover, ever since it revamped its website - www.westwardbound.com - the company has seen a 93%
increase in sales of 'kinky apparel and corrective instruments'. It
then needed the back end technology in place to be able to cope
with this surge in demand. "We used to sell via three channels. We
had a shop; there was the mail order business, and we also took
orders over the phone. Then the Internet came along and changed all
that," said Steve. "That's because while we were always a typical
SME, having a presence on the Web meant that we could suddenly
compete with the bigger players out there, but with none of the
typical investment and time normally associated with huge
growth."
"We used the Internet as a springboard to a much wider, global
audience. But the challenge then became, how can we continue to use
technology to maintain the same levels of customer service we had
always provided. Just as importantly, how could we use IT to become
even more streamlined, efficient and cost effective?"
Westward Bound initially approached Devon and Cornwall
Council's Business Link for help. What it was really looking for
was an automated system that could not only control, track and
handle invoicing and payment from Internet-based orders, but also
those orders that came in via the more 'traditional' routes.
 Westward
Bound opted for Exchequer, ultimately because the new Web-enabled
package could give the company instant, seamless access to customer
and transaction data from both the company's online sales channel
as well as from the shop's till.
The company's eight-strong finance team can now raise and send
bills and purchase orders automatically; these can be added to or
updated online at every stage of the process, saving users the
inconvenience of having to manually re-key information.
Just as importantly, real time stock updates mean that online
customers can be instantly informed on the availability of whatever
they were thinking of buying - latex, PVC and leather clothing or
bondage toys - before they put their order in. In short, it means
less administration, improved accuracy, easier access to integrated
information and thus greater visibility. "Because the new system
ensures that there's a watertight flow of information from customer
purchase to customer invoice, it's cut time, effort and human
error. It's also been vital for effective stock control, because we
can see immediately what's been selling well, and move the business
in response to customer demand," Steve added.
Exchequer's deliberately easy to use format was another big
draw. IRIS Enterprise Software believes strongly that if
the accounting system is to be a success, everyone not only needs
to understand it, but also feel comfortable using it.
Therefore its software has been designed specifically to be logical
and intuitive so that it reflects and moulds into the way a user
runs their business.
While the Exchequer application itself has a number of
capabilities, this is all provided from one set of source code.
This means that as the business evolves, the user does not have to
change the application, re-import data or re-train staff when it's
time to upgrade.
"Ultimately I'm a retailer - I'm concerned with providing
customers with what they want. The technology is only there to help
me achieve that aim. In other words, it's about technology as an
enabler, not as a means in itself. That's why Exchequer was
attractive. Fortunately, once we got the system installed, we were
up and running in a matter of weeks. I'm now in the process of
implementing Sentimail®, a pro-active alert system. This will
automatically send an email or SMS text message to customers,
telling them that an order has been sent out to them - a massive
bonus in terms of convenience, time-saving and customer
care."
"The key to a successful business is to never become
complacent. That's why we're constantly reappraising the way we do
things and asking: how can we make it better?" said
Steve. "Our online enterprise has proved to be enormously
successful. It just shows that there's something for everyone on
the Web, whether you're into handcuffs or high heels - or
both. But if we were to carry on with the success, we knew we
had to get the back-office integrated into the
front-office.
The partnership with IRIS Enterprise Software and
Gateway has proved to be equally successful. Its solutions didn't
blind us with technology. Instead it just enabled us to improve on
our business," he concluded.
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