BriteCo has expanded its Appraisal Management Software to the Canadian market. This tool, initially released in 2018, is now accessible at no cost to qualified independent retail jewellers across Canada, covering all ten provinces and three territories.
Features of the Software
The software is a cloud-based platform that automates the jewellery appraisal process. It uses extensive data to assist jewellers in providing accurate valuations for jewellery and watches. The digital platform is designed to streamline appraisal operations and maintain a record of appraisals, facilitating easier access and management.
“There are currently over 200,000 appraisals in the BriteCo Appraisal Management Software from thousands of independent retail jewelers across the United States, and that number is growing fast,” stated Dustin Lemick, founder and CEO of BriteCo. “We’ve had numerous requests from Canadian jewelers to access the system since our U.S. launch of the software. We welcome our Canadian jewelry partners to BriteCo.”
“Jewelry appraisals are a key part of our industry and to the customers we serve. Accuracy is highly important,” remarked Andrew Elawar, founder and CEO of Chrysella Fine Jewelry and Diamonds in the U.S. “BriteCo’s Appraisal Management Software brings high-tech to the process. We’re able to provide a modern experience for customers with the best accuracy and guidance possible.”
Impact on the Jewellery Industry
The availability of BriteCo’s software in Canada provides jewellers with a digital alternative to manual appraisal methods. This technological advancement supports greater efficiency and accuracy in jewellery valuations, important for insurance coverage, estate sales, and other valuation-dependent transactions.
The use of this software could lead to reduced time spent on appraisals and potentially enhance customer satisfaction by offering quicker service responses. Accurate digital appraisals could also support better risk management for insurance purposes and establish a higher level of trust with customers seeking reliable valuations.
Accessibility and Market Demand
Prior to its official launch in Canada, there was notable interest from the Canadian jewellery community, as evidenced by a significant waitlist. This interest underscores the demand for innovative, technological solutions in the jewellery appraisal process. Canadian jewellers can apply to use the software, which has been adapted for use with the Canadian dollar.
For retail jewellers interested in accessing the software or to apply, please visit the BriteCo website.
