Builders Merchants Journal – BMJ Publishing to Builders Merchants and the UK merchanting industry for more than 95 years
Builders’ merchant Lawsons has digitised its cash handling operations through a partnership with Retail365.
Following the rollout of Retail365’s Smart Safe and Embedded Banking solution to eight branches, with rollout to a further nine planned for 2026, Lawsons now benefits from same-day credit on cash deposits, automated reconciliation and real-time visibility of cash positions across the business.
Manual cash handling and end-of-day banking processes have been removed, saving staff time, while the shift from a seven-to-nine day clearing cycle to same-day credit has delivered an improvement in available liquidity through faster access to funds.
Group finance director of Lawsons, Chris Harrison, said: “Retail365 has fundamentally helped reshape Lawsons cash financial operations. By removing the pressure of end of day banking and giving us real time visibility, it has created a calmer, more controlled environment for our People and allowed them to spend greater time supporting our Customers. The immediate availability of funds has materially improved our working capital cash flow, which at the end of June 2025 was a cashflow from operations of £11.7m and an overall net cash position of £5.4m enabling us to reinvest in support our market share growth strategy with greater agility.”
