Fast Cash

Fast Cash Financial Services Limited is one of the fastest growing money remittance services in the UK. It has over 60,000 UK-based customers and a branch network in the USA, Australia and New Zealand. The award-winning service has become synonymous with swift and reliable money transfers. It is utilised by thousands of UK-based customers to send money to friends and loved ones around the world in a safe and secure manner.

Bespoke web-based money remittance application

Our task was to provide a robust web-based application to remit money throughout 120 countries. The application had the following key parameters:

• The ability to carry out a money transfer in a very short time period
• Multicurrency integration
• Integration between spot rates, rate changes and General Ledgers.
• Reporting ability on multi-platform financial systems.
• Integration between head office, agents and country offices.

Our solution

Our solution was a rigorous yet simple to operate web-based application. It not only addressed all the key areas of the business but also achieved much-needed integration.

Key achievements

• Critical process time saving. Our solution cut the critical time of a money transfer from just over two minutes to less than 60 seconds. This helped Fast Cash save time on one of their key tasks, significantly improving productivity and dramatically reducing overheads.
• Simple, easy to use graphical user interface. The straightforward, easily navigable menu and helped the internal teller staff understand the system quickly, minimising disruption to their daily activities.
• Strong and accurate reporting. Accurate reporting helped Fast Cash to monitor its international payment remittances to banks worldwide.
• Effective and efficient integration between agents and county offices. This vital integration helped Fast Cash to keep track of its currency exposure and accounting needs across various offices.

Hesler Group

About Hesler Group

Hesler Group is a construction company based in Hertfordshire, one of the largest in that area. It specialises in joinery, dry lining, brickwork and tiling. The Group has invested hugely in new technology in order to streamline its processes.

Outline of BAPs

• BAPS is a dedicated web-based software package for subcontractors in the building construction industry.
• A unique web-based application covers the full life cycle of a building construction project, from adding a new project to managing payments and budgets.

Our task

• Build an application which can manage all the cost factors of a building project from start to finish.
• Keep track of the project progress.
• Monitor the profit and loss and cash flow of each project and for the company

Key achievements

• The application helped reduce the admin staff overheads by 40%.
• It helped reduce the operational staff overheads by 50%.
• It improved the company’s cash flow management significantly.
• Better visibility on the sites and its spending.