qualifying R&D project 1.
As part of their commitment to providing the best service possible, Exswift decided to purchase and implement a new internal operational software and API add-ons. The new software was designed to streamline and improve the efficiency of their operations by automating and recording sales order processing, scheduling, credit control, stock control, and financials. Furthermore, the integration of the new software with their existing systems and website allowed for automatic communication of necessary destination, routing, and customer and order information.
This project involved significant scientific and technological uncertainties, such as ensuring compatibility with existing systems, data migration, staff training, integration, security, and regulatory compliance. However, Exswift was able to overcome these uncertainties by working closely with the software provider and website developer, implementing proper security measures, providing comprehensive staff training, and ensuring regulatory compliance.
As a result of this project, Exswift was able to significantly improve the efficiency and accuracy of their operations, which enabled them to provide better customer service and accommodate increasing business demands. This project also played a crucial part in Exswift being granted permission by the DVSA to increase their active working fleet from 4 lorries to 8, as the improved recording and management of operations provided necessary evidence in their application.
This project satisfied BISS Guideline 9c: Make an appreciable improvement to an existing process, material, device, product or service.
In conclusion, Exswift's successful implementation of a new internal operational software and API add-ons resulted in significant improvements to their operations, customer service, and business growth. The project also demonstrated the importance of working closely with technology providers, implementing proper security measures, providing comprehensive staff training, and ensuring regulatory compliance. Finally, Exswift's successful R&D tax claim provided them with valuable financial support for future R&D projects and business growth.