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If you spend more than about $1 million a year on energy, your potential savings are big enough to make this worth your time.

If you operate more than about 20 stores, your energy-management challenges are complex enough that you’ll welcome these ideas, specifically aimed at multisite retailers.

Tesco PLC is an international grocery and general retailer of consumer goods. It is the 3rd largest retailer in the world with operations in 14 countries and more than 3,700 locations. They operate hyper marts, grocery stores, convenience stores and gas stations and have more than 400,000 employees worldwide.

Verisae worked closely with Tesco’s IT group, its operations groups in the United Kingdom, Ireland, Czechoslovakia, Poland, Hungary and Thailand as well as its third party IT provider. Verisae also provided web services integration with Tesco’s accounting software.

Tesco has seen numerous benefits of the Verisae application over the past three years. Amongst the financial benefits has been a significant reduction in full time equivalents to manage the paper process associated with their service work flow.

Solutions Summary:

Tesco has seen numerous benefits of the Verisae platform over the past three years.

  • Reduction in duplicate service calls & the need for full time employees (4 FTEs @ $75K equals $300,000 annual savings)
  • Identified inaccuracies in the asset data quality resulting in tax savings & correct depreciation
  • Automated work orders and accurate providers time & attendance (saved 15 mins per w/o @ $15 for each 15 mins saved equals $750,000 in annual savings)
  • Cost savings from rejected work orders over the past 3 years of Verisae application use (reduction of 75K invoices @ $7 per invoice to process equals $525,000 in annual savings)

The metrics listed are only a small portion of all products and services Tesco leverages across the full Verisae platform and across all Tesco plc international business operations.

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