Europe’s largest tool and equipment Hire/Rental chain, is the first company to implement an integrated purchasing card system complying with the new Visa Global Invoicing Standard (VGIS). The company believes that Retail Logic software will offer its customers a significantly enhanced service and attract new business.
Retail Logic's software will run in all 500 HSS outlets across the UK. Through Barclaycard Merchant Services, the system will authorise all transactions; provide comprehensive electronic invoicing and reduce the number of purchase requisitions. Account handling cost and administrative effort is reduced. A single itemised electronic monthly bill reduces paper work, invoice disputes are minimised and late payments avoided, saving both HSS and its thousands of customers time and money.
“HSS customers will benefit through tighter control over purchases and the level of spend allowed for each employee,” says Mark McMurtrie, Marketing Director of Retail Logic. “With an increasing number of government departments and companies going down the purchasing card route, HSS is to be applauded for being in the forefront of offering sophisticated purchasing technology to its customers.
"Having led the move to Chip & PIN and secure online transactions, Retail Logic is proud once again to be the first to deliver new payment technologies aimed at making life complicated for crooks, reassuring for retailers and simple for shoppers."
“Our investment in Retail Logic software will benefit both ourselves and our customers,” adds Bob Brereton, IT Director, HSS Hire Service Group. “We are confident that even more customers will now make us their supplier of choice because, at the end of the day, purchasing cards give them far tighter control over their budgets and makes life easier for all concerned.”
Notes to Editors
About Retail Logic
The Retail Logic team has been providing payment processing software for more than 15 years. Covering any form of payment card and transaction environment, Retail Logic’s software handles more than £85 billion a year in the UK alone. Investment in people and research and development, together with a clear focus on the needs of retailers, have led to award-winning products and UK market leadership.
About HSS
HSS originated in West London in 1957. Operating primarily under the banners of HSS Hire Shops in Europe and HSS RentX in America, the group has an established network of over 700 outlets. Its 3,000 strong workforce and fleet of over 750 vehicles reflect the Group's top position in the market. With more than 500 outlets in the UK, HSS continues to expand the network both organically and by establishing agency partnerships for HSS Hire Shops within independent builders merchants.
The company also operates outlets in Ireland and Germany and has licensees in the Caribbean, Greece, Holland, Israel, Italy, Norway, Spain, and the United Arab Emirates.
For further information, please contact:
At HSS:
Julia Parker +44 (0)208 260 3440
E-mail: Jparker@hss.co.uk
