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Retail arm of cancer charity deploys cloud0based retail system across 555 stores

Retail arm of cancer charity deploys cloud0based retail system across 555 stores

 

Cancer Research UK, the World’s leading cancer charity dedicated to saving lives through research, is deploying Cybertill’s cloud based electronic point-of-sale (EPoS) and gift aid system throughout its 555 retail shop chain throughout the UK.

 

By installing Cybertill’s charity retail system, Cancer Research UK aim to generate an additional £18 million in revenue through Gift Aid over the next five years. Under the Gift Aid scheme, charities can reclaim an extra 25% in tax on every eligible stock donation by a UK taxpayer.

 

Consolidating market penetration

 

This incentive for charity retailers has seen some national and regional charities recently install EPoS and gift systems throughout their estate. With Cancer Research UK deploying Cybertill, this means that nearly one third of all charity shops in the UK have signed up to Cybertill’s charity retail system.

 

The process of reclaiming gift aid for charity retailers can be quite labour intensive and there are strict guidelines to follow, which are enforced by Her Majesty’s Revenue and Customs (HMRC). Cybertill’s Gift Aid system automates much of this process for charity shops, saving them a huge amount of administrative time as well as helping generate substantial extra revenue.

 

Matching fundraising ambitions

 

Sue Azzopardi, Cancer Research UK head of retail operations, said: “Cancer Research UK has some ambitious fundraising targets to meet in the coming years and our retail chain has a vital part to play in us reaching that goal. By installing the Cybertill system into our 555 stores across the UK, it will enable us to claim gift aid and manage our bought in goods and stock more effectively. This is a wonderful opportunity and I know that we can deliver some great results for Cancer Research UK by achieving the most income from the donated stock so generously given by our supporters.”

 

Ian Tomlinson, Cybertill chief executive, added: “Their research and tender process was extremely rigorous to ensure their expenditure optimised return on investment for the charity. And by using Cybertill’s gift aid system, integrated with the EPoS solution, they hope to deliver an additional £18 million in revenue in the first five years of deployment.

 

“As the Cybertill retail system is cloud-based this makes the project deployment so much easier, as does managing the system on an on going basis. This is because all upgrades, data back ups are managed for Cancer Research UK centrally by Cybertill. We hope that the Cybertill system will make a real difference to Cancer Research UK and assist them in the excellent work they do.”