Modulr delivers for Jam Couriers
Jam Couriers is a same-day courier company based in Bristol, operating nationwide. Their clientele includes lawyers, accountants, and manufacturing businesses. They handle a wide array of items, from high-value goods to custom-made products, even including film set props and boxes of live spiders. “A lot of the things that we transport are high value or custom made. They use our services because we offer security and reliability.”
Reliability and security are paramount to Jam Couriers' reputation. To uphold their "same day commitment," they employ a large number of subcontractors, which brings its own set of challenges. “We have between 3 and 500 invoices that we pay per month. Some from the same subcontractor, but for different jobs in different parts of the country. The constant influx of invoices makes it hard to spot duplicates. At least it did, before we used Modulr together with Xero.”
We caught up with one of the directors at Jam Couriers to understand why they chose Modulr to streamline payments in their fast-paced industry.
2 days
£800 savings
How Modulr delivers for Jam Couriers
Saving Time
Cashflow and timely payments are critical for Jam Couriers' suppliers. Many subcontractors send individual invoices for each job, leading to a constant influx of paperwork. Previously, invoices were marked as received on their internal system and manually inputted, a process prone to human error and inefficiencies. With Modulr, Jam Couriers can pay their suppliers weekly. The integration with Xero helps them identify duplicate invoices, preventing errors and missed payments. “Generally, our payment terms are 45 days; but because now the process is so easy, we pay a week early too.” Jam Couriers' subcontractors now receive payments more promptly and reliably, fostering better business relationships.
Saving Money
Previously, Jam Couriers relied on a part-time employee to manage the overwhelming number of invoices and the weekly payment run. “We had an employee working 3 days a week to stay on top of it. It was a lot. They wanted to retire, so it was time to find a new system. Now, using Modulr, I just add it to my responsibilities. The fact that I’ve been able to take it on, speaks volumes.”
“Before Modulr, we were manually inputting all our invoices, leading to human error and duplicates. But doing weekly payment plans through Modulr makes it so much easier.”
Smooth Integration with Existing Systems
Adding Modulr’s Business Payments to their existing systems, particularly Xero and Hubdoc, was a smooth process. The AI capabilities of Hubdoc allowed for automated reading of invoice details, reducing the need for manual input. Modulr's integration with Xero further streamlined the payment process, allowing for batch payments and significantly reducing administrative overhead. "The interface is really intuitive. It's simple, and the terminology is good. It all makes sense."
"Using Modulr, I just add payments to my responsibilities. The fact that I’ve been able to take it on, speaks volumes."
"The interface is really intuitive. It's simple, and the terminology is good. It all makes sense."
Jam Couriers' experience mirrors that of many Modulr clients. Finding systems that integrate seamlessly with their existing tech stack to streamline operations is a game-changer compared to traditional methods of managing payments.
If you’d like to learn how the integrated Modulr and Xero payments service can transform your payroll experience, contact our sales team here.
As well as Xero, Modulr is integrated with all major UK accounting and payroll software providers including BrightPay, Sage and IRIS. If, like Jam Couriers you’d like to transform your supplier payments service, you can learn more here.