Established in 1989, Floyd Automatic Tooling Ltd is a family run business, supplying the turned parts manufacturing industry with consumable tooling.
The heavy burden of having to keep documentation on file for seven years was taking its toll on the amount of office space available. A mezzanine was dedicated to filing and information retrieved was increasingly slow. This costly exercise could only escalate as the volume of paper documents rose.
In addition, the prospect of HMRC audit loomed large. Floyd Automatic is required to retain input materials paperwork for its European suppliers and it must also be in a position to make these readily available to HMRC. With resources critical, this situation was simply not tenable.
Speed and ease of information retrieval were driving factors behind the decision to choose Invu as their document management solution.
Terry Smith, IT Manager explained
"An 80% saving in printer toner, paper and postage is a tremendous cost
saving for a company of our size."
To find out how they saved 80% download the full case study here.
