Everything News Jobs Opportunities Events Products/Services
Go to Home
Sign Up Sign in

Verisae Inc.

Tesco's asset management implementation

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

• Reduction in duplicate service calls and manual processing ($300,000 annual savings)
• Identified inaccuracies in the asset data quality resulting in tax savings & correct depreciation
• Automated work orders and accurate providers time and 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)

Tesco plc is an international grocery and general retailer of consumer goods. It is the third 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.

Tesco has also seen the ability to leverage the application across wide geographic and language disparities from the United Kingdom to Thailand. That has resulted in a faster and more accurate reporting of outstanding work, outstanding and not yet invoiced work and other metrics. Verisae's survey teams identified many inaccuracies in the data quality of the assets on hand and the subsequent correction of those asset registries. This has resulted in significant savings in tax depreciation as well as a reduction in associated maintenance costs.

Discussion Thread  


Verisae Inc. Community

Related Items From Everyone

  1. Total Home Environment is celebrating after its Electrolux Oxygen 870 & 875 central vacuum...

    10 Jul 2012
  2. Businesses are concerned about the EMR impact, with 57% organisations believing that it will lead...

    19 Apr 2011
  3. Building Research Establishment Environmental Assessment Method (BREEAM) is the leading and most...

  4. earthworms Organisations

  5. Eco alternative to the polluting chipboard option Eco Coffins

    09 Mar 2009

Go To Home

Resource Links

We're social: View Available Feeds Find out more! Leave us your feedback


We appreciate all feedback. Please leave as much or as little as you like about any aspect of this website.

If your message requires a response, please leave your email address.