Trago, which has 3 stores in Cornwall and Devon has selected Microsoft Dynamics NAV from The NAV | 365 People as its new enterprise resource planning solution following an extensive upgrade of IT systems. Trago, who celebrated 50 years of trading in 2015, has now integrated its electronic point of sale (EPoS) solution into Microsoft Dynamic NAV. The project has facilitated greatly improved sales reporting covering the entire business; and has streamlined the accounts payable process, saving more than 40 hours per week, and reducing costs significantly. In addition, management reports can now be produced in a fifth of the time it previously took.
Gary Lord, Financial Director at Trago comments: ‘Trago department stores conduct more than 3 million transactions a year and we have an annual turnover in excess of £80million yet we were largely still using paper based systems. We had recently upgraded our till system and this fuelled our desire to assess our wider back office systems and see if there was a better way we could be working.’
The NAV | 365 People integrated Trago’s EPoS system with Microsoft Dynamics NAV giving the finance team the functionality they required to automate payments to approximately 3,000 suppliers each month, many of which were on early payment arrangements to secure extra discounts.
Trago has also deployed Jet Reports, which seamlessly integrates with Microsoft Dynamics NAV to simplify and speed up the process of creating reports. The Trago finance team now use Jet Reports for fast, easy analysis and data visualisation. They are now able to produce management accounts for five companies in a day, where previously it would have taken a week. Dynamics NAV has enabled Trago to completely automate all the repetitive reporting that was previously completed manually.
Ian Humphries, Managing & Product Director at The NAV | 365 People commented; ‘Understanding our customers’ business is our core philosophy. By appreciating what their business objectives are, we are able to deliver a solution that meets and we hope exceeds their expectations. Trago has been successfully trading in the retail sector for 50 years. By evolving their business intelligence through the use of the solution delivered by The NAV | 365 People, Trago has built a solid foundation for the next 50 years of retail success.’
About Trago Mills
Trago Mills is the South West's Original Discount Retailer. Founded in 1965, Trago is a chain of three department stores located in Liskeard and Falmouth in Cornwall and Newton Abbot in Devon, England. Trago is an independent family run business, their approach is to provide a wide variety of stock at low prices. They stock approximately 180,000 product lines per week in their stores.
For more information visit: Trago Stores