Colourfast Financial and Getitprinted.com Drive Operational Transformation with Ricoh EDGE

Consultancy has helped shape business evolution, develop new partnerships, expand applications and win new business

Ricoh UK, London, 25th October 2022 - Colourfast Financial and its online printing business Getitprinted.com have enjoyed significant growth in print volumes following a complete operational review undertaken by Ricoh’s EDGE consultancy.

For more than 100 years Colourfast Financial, Essex, has specialised in all aspects of financial printing from complex Initial Public Offerings to fast turnaround business compliance documents. Recently it has expanded into online B2B and B2C print provision with Getitprinted.com.

With both arms of the 24 hour seven days a week business responding to very different highly demanding markets, the team wanted to review its approaches and procedures to identify ways to be more effective, productive and profitable. 

After a thorough assessment using Ricoh EDGE’s consultancy and methodology, and drawing on expert knowledge and guidance, a plan was created to grow print volumes, increase service delivery, expand partnerships, and win new business. The benefits are already being seen with a 400% lift in print volumes following a new online print seller relationship introduced by Ricoh.

Investment was also made in three colour sheetfed presses installed at the beginning of the month (October) - two Ricoh Pro™ C9200s and a Ricoh Pro™ C7200x. A Ricoh Pro™ TF6251 UV flatbed printer was installed in September. All four solutions are managing work across both operations and have already helped secure new contract wins.

Darren Bacon, Colourfast Financial Managing Director, states: “We wanted to partner with a supplier that could work with us as we evolved our two businesses. Ricoh has given us the edge on our competitors and continues to support our next steps towards growth. We can now offer more to our customers and partners. Ricoh also introduced us to new online revenue streams that are growing volumes significantly. The next step is to develop some print marketing tools and we are very interested to see the results they will achieve.”

Mark Hinder, Responsible for Business Development Programmes, Graphic Communications, Ricoh Europe, adds: “We collaborated closely with the team to consider effective and efficient ways to enhance both businesses. Using Ricoh EDGE’s approach and methodology we were able to accurately assess the needs of the businesses and create a clear plan that provided concrete steps towards successful evolution. Colourfast Financial and Getitprinted.com are now in a better position to respond to increasing daily demands and confidently pursue future goals for growth.”