Taylor RC is a British company specializing in the sale of remote control cars (RC cars) and parts for this exciting sport that moves a legion of enthusiasts. Taylor RC offers a wide range of products, from high-performance cars and assembly kits to spare parts and accessories for enthusiasts and competitors of all ages. The company is recognized for its passion for the hobby and for providing high-quality products that meet the needs of both beginners and professionals in the UK and across Europe.
Recently, Taylor RC faced the challenge of optimizing its financial management and simplifying the payment of suppliers of the final products sold, such as cars, controllers, parts, among others, as well as various bills and support services like facilities and maintenance, both in the UK and in other European countries. Additionally, RC Taylor was disappointed with the cashback programs they used due to various restrictions and earning limits. These programs did not provide significant quantitative benefits or savings for the company, which spends substantial amounts on corporate cards for supplier payments. That was when the company found the ideal partner to transform its financial operations in Jeeves' solutions.
“We stumbled upon Jeeves one day via Google search and never looked back.” - says Mike Taylor, CEO of Taylor RC.
Jeeves, known for offering free corporate cards with 1% cashback, helped Taylor RC achieve faster transactions and greater liquidity for its business. Thanks to a successful experience with the platform and the usability of the cards, Jeeves has gained Taylor RC's trust, which has been exponentially increasing its spending and the use of the tools provided. With an average monthly spend that grew by more than 400% in six months, Jeeves' solution also generated additional liquidity for the company through cashback and earnings. This increase in liquidity allowed Taylor RC to reinvest quickly in its operations, ensuring greater flexibility to meet the growing demand for its products.
Additionally, Taylor RC was able to expand its international operations more easily, paying suppliers in other European countries without hassle and hidden fees. The use of Jeeves' physical and virtual cards, accepted across Europe, provided the company with an integrated and convenient payment solution.
Another significant benefit for Taylor RC is real-time control of all transactions. Jeeves' platform allows the company to monitor every expense in detail and intuitively, immediately identifying any inconsistencies or deviations. This level of transparency and control increased the security of Taylor RC's financial operations, reducing risks and enabling a more proactive management of resources.
Mike Taylor, CEO of Taylor RC and a user of the Jeeves platform alongside his team, is well-positioned to describe the strengths of the solution.
"Jeeves offers a solid, free spend management platform with seamless onboarding, strong security measures to protect my money, and an uncapped cashback card with fast monthly payouts."
As a result, Taylor RC achieved an estimated 30% time savings in payment and financial management processes, optimizing administrative tasks and allowing the team to focus on the company’s strategic and growth activities. Jeeves, in turn, continues to provide dedicated support, ensuring that Taylor RC has all the tools needed to thrive in a competitive market.
By adopting Jeeves' financial solutions, Taylor RC not only optimized its payment processes but also ensured greater liquidity, security, and control over its operations. This partnership represents a significant advancement in the company's financial strategy, which is now better equipped to grow and expand its presence in the European remote control car market.
"Using Jeeves has been an extremely smooth experience. With zero monthly fees, a powerful card, and exceptional customer service, it’s a true hidden gem. The cashback has exceeded my expectations and is incredibly liberating for our high spending. It’s a solid recommendation for anyone looking for an efficient spend management solution." — finishes Mike Taylor.
Following the example shared by Taylor RC, if you want to optimize and automate your company's finances, generating time and cost savings on a large scale, click the button below to learn more.