Implementation of the e-commerce model of UAB TOPAZ LT

UAB TOPAZ LT is a stable company operating in the field of event equipment rental, which successfully implements the project “Implementation of e-commerce model of UAB TOPAZ LT” (13.1.1.1-LVPA-K-860-01-1321, hereafter referred to as “the Project”), within the framework of the measure No. 13.1.1.1-LVPA-K-860 “E-Commerce Model COVID-19”.

The project “Implementation of e-commerce model of UAB TOPAZ LT” aims to implement modern e-commerce solutions by integrating the customer self-service module and e-shop into the company’s website.  TOPAZ LT UAB is a successful event equipment rental company for more than 10 years, recognized in Lithuania and abroad. Unfortunately, the company still does not have modern customer self-service e-commerce solutions, which makes it difficult to compete on the global market and possibly hinders the attraction of new customers.  The company has a great potential for development, and the implementation of the Project will create preconditions for the rapid business development of UAB TOPAZ LT and create opportunities for the company to continue to compete successfully on the market. The acquired e-shop will enable the successful launch of interactive sales processes, automate the company’s sales and increase the company’s revenues.

TOPAZ LT UAB has received EU Structural Funds support of EUR 46 456.80 for the implementation of an advanced e-commerce system under Priority 13 “Promoting actions to overcome the crisis caused by the COVID-19 pandemic and preparing for an environmentally friendly, digital and sustainable economic recovery” Measure No.13.1.1-LVPA-K-860 “E-Commerce Model COVID-19”, which aims to encourage companies to adopt information technologies to manage their business transactions electronically in order to boost revenue growth. The project is supported by the Republic of Lithuania and part-financed by the European Union.

The project will result in the introduction of information technology to manage business transactions electronically in order to increase revenue growth, which will contribute significantly to the development of smart Lithuanian business. The project “Implementation of the e-commerce model of UAB TOPAZ LT” aims to implement modern e-commerce solutions by integrating the customer self-service module and e-shop into the company’s website, creating a sales module. The integration with the company’s production processes will not only allow for simple and fast personalised customer orders, but will also reduce the administrative burden on the company.  The implementation of the Project will create preconditions for the rapid business development of UAB ,,TOPAZ LT” and create opportunities for the company to continue to compete successfully on the market. The acquired e-commerce solutions will enable the successful launch of interactive service sales processes, will help automate the company’s sales and will increase the company’s revenues.

The project activities are expected to result in an increase in the company’s revenue growth rate.

Funded by the European Regional Development Fund as part of the European Union’s response to the COVID-19 pandemic.

Project implementation period: 18 February 2022 – 17 February 2023