Lloyd Fraser cuts paper-based procurement

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The Lloyd Fraser Group is extending its relationship with COA Solutions by implementing an electronic system to replace paper-based procurement and increase business efficiency.

The web-based eBIS system will go live at the end of the summer and will be used to automate purchase order processing at its 32 sites across the UK.

The software will enable Lloyd Fraser staff to remotely raise purchase orders in a much shorter time, as well as allowing them to look up cost codes.

Graeme Johns, financial controller at the Lloyd Fraser Group, said: “As we operate from a number of remote sites, eBIS will streamline our business processes and improve our efficiency as staff will be able to remotely raise purchase orders and have instant online access to key financial details relating to their specific areas of responsibility.

“eBIS will also help to eliminate paper pushing, supporting our green policy while reducing administration time through less re-keying of data.”

Lloyd Fraser has already installed COA Solutions’ OpenAccounts finance system and plans to replace a range of other paper-based processes such as holiday requests and expense claims in the future.

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