Bransom Retail Systems is developing a new bespoke system for the Company of Master Jewellers (CMJ) helping it to manage its accounts and capture data. 

Bransom is developing a system that incorporates an integrated membership, stock management and accounting system that Bransom says will improve efficiency and give members an advantage in the jewellery marketplace by identifying key market trends and reducing costs. 

Company of Master Jewellers CEO Willie Hamilton, said: “With over 120 members, the CMJ processes 1,000’s of invoices and the group’s expansion plans means that an improved management accounts system is vital to meet that growth. 

“Meaningful data has never been captured to allow interrogation of independent retail jewellery sales by anyone in the UK and we will be the first group to produce genuine trend reports and forecasting for our members and our approved suppliers.”

The system is planned for release in April 2010.