Europa set to launch next phase of Leonardo IT system
Europa Worldwide Group is set to launch the third phase of its bespoke IT system Leonardo.
Having already invested approaching £3m in its in-house developed IT system, Europa will launch the next stage of its new IT suite, LeoFinance, in January.
The new function will streamline credit control, in turn improving cash flow for the business and simplifying supplier management. It will bring together the business’s road freight operation and finance systematically, cutting out unnecessary and time-consuming tasks and improving the visibility, across the whole business, of all financial transactions.
IT Director at Europa, Richard Litchfield said: “This is another exciting launch for Europa and the next logical progression following the launch of LeoRoad in 2016 and LeoCab earlier this year.
“LeoFinance will provide improved customer and supplier financial visibility, combined with automated banking integration. It is set to transform our finance department, slicken the processes and remove a number of manual and repetitive tasks – all within the now familiar Leonardo environment.”
The Leonardo system was designed to give the business in-house control over its systems, improved responsiveness, efficiency, productivity and scalability across its 11 UK sites.
The first phase of Leonardo, called LeoRoad, enhanced Europa’s road freight operations, while the second phase, called LeoCab, extended the system to the drivers of Europa’s fleet.
Litchfield added: “Now LeoRoad and LeoCab are fully operational, LeoFinance is the logical next step. It will be able to analyse the operational activities across the business and provide much more granular financial detail than we have today, allowing us to better understand our performance and improve where appropriate.”