User story - The Duppy Share
“Before Crezco, our domestic and international payment processes were very manual. Now it's completely automated, and we’ve saved 2-3 hours on every payment run!”
Jaden Dawson
Senior Finance Manager, The Duppy Share, The Duppy Share
Company intro
The Duppy Share is the UK’s largest independent rum brand, boasting a diverse range of products including Aged, Spiced, and White rum. They’ve recently expanded their offerings to include ready-to-drink canned beverages in an exciting new partnership with Ting and Old Jamaica, so are experiencing rapid growth!
Key Benefits
- Seamless integration with Xero for efficient bill payments and reconciliation.
- Reduced human error in payment processes.
- Real-time tracking of international payments.
Challenge
Before adopting Crezco, The Duppy Share relied on a manual payment process that was prone to errors, such as incorrect amount entries and misread digits. This led to frequent overpayments and the need to chase suppliers for refunds. The process was overly time-consuming and detracted from the efficiency needed to manage a fast-growing company.
Solution
With Crezco's integration, The Duppy Share can now automatically pull bank details from Xero, making the payment process smooth and free from human error. Crezco’s user-friendly platform has enabled them to import hundreds of invoices in one click, effortlessly track payments and have complete insight into foreign exchange conversion.
This integration has transformed The Duppy Share’s accounts payable process, therefore allowing them to focus more on strategic growth and less on mundane operational tasks.
Results
The introduction of Crezco into The Duppy Share’s payment processes has significantly increased efficiency, with international payments now clearing within a day (crucial for urgent transactions). The automated system saves approximately 2-3 hours per payment run and also reduces the costs associated with international payments. The clarity and ease of tracking payments ensure that The Duppy Share can manage their cash flow more effectively, giving them a competitive edge in a fast-paced international market.
What’s next?
The Duppy Share is looking forward to another year of substantial growth, but with such a lean team it is critical that they are operating at maximum efficiency. Crezco has been vital in making Jaden and the team’s lives easier!
As they continue to scale, The Duppy Share will continue to benefit from Crezco’s time efficient and cost effective payment solutions to send and receive money around the globe.
