V1 Business Process Automation Software

V1 Document Management & Invoice Automation

Introducing V1

 

With over 30 years of experience, V1 offers a proven solution with a tangible ROI across both on premise and privately hosted cloud platforms. V1's Intelligent Document Management and Invoice Automation solutions are known for their seamless integration into key finance and accounting systems.

V1 helps 2,000 companies automate their core business processes to drive efficiencies and win back time for higher value activity. Finance teams can operate at their full potential, using the best solutions to adapt to the way work. Productivity barriers will be unlocked, transforming how operations are run, how documents and data are stored, and helping finance teams and beyond win back critical time to spend on analysis.

Transform purchase invoice processing and accounts payable with Cloud Connected Invoice Automation. Automate the mundane and empower individuals to unlock value across your finance function.

Manual processes place a great burden on finance departments – particularly those with multiple office locations. They are laborious, prone to error and expensive. Finance teams are inundated with documents, and their time is taken up with sorting and routing the invoices, data entry, chasing budget holders for approval, printing and photocopying, resolving queries and locating associated paperwork.

Our invoice automation solution simplifies procedures to help you reclaim the potential of your finance team. Using intelligent capture technology, it drives touch-less processes, handling both paper and electronic invoices. Manual business processes are automated, driving unprecedented productivity. 

The capture software reads and interprets semi-structured documents intelligently, using technology to understand how to capture and extract the right data and drive efficient workflows. It then verifies and validates your invoices before posting them to your purchase ledger.

By introducing these intelligent, potentially touch-less processes, the individuals within your team will feel empowered to do more with their time and can focus on value-add activities, such as financial forecasting, trend analysis etc.

Our technology delivers real ROI – an average of £200 million saved for 2,000 UK businesses* *(100 million invoices processed with an average saving of £2 per invoice

Functionality and Benefits

The seamless integration enables users to effortlessly;

  • Send finance documents like sales invoices and orders directly from the core business management system using intelligent Document Managements.
  • Secure archiving and easy retrieval of finance documents directly from the accounts package, using the document management features.
  • Use cognitive capture to enable intelligent touch-less entry of purchase invoices and sales orders via intelligent cognitive capture technology.

The capture software reads and interprets semi-structured documents intelligently, using technology to understand how to capture and extract the right data and drive efficient workflows. It then verifies and validates your invoices before posting them to your purchase ledger.

The HR function is a critical part of any organisation. People are the lifeblood of your company so it’s vital you recruit and retain outstanding talent, while ensuring you comply with the latest legislation and reporting requirements. Chasing HR paperwork is time-consuming and inefficient. Having an automated system in place is essential and leaves you to focus your efforts on appointing the best people and ensuring they remain loyal and motivated.

V1’s HR document management solution covers the entire ‘recruit to retire’ process, providing secure storage for all stages of the employee life-cycle. This includes:

  • New starter documents such as contracts, offer letters and CVs
  • Review documents
  • Disciplinary and grievance documents
  • Payroll information
  • Leaver documents such as termination agreements and pension information

 

Additional Benefits

  • Powerful, yet easy-to-use
  • Quick to implement
  • Tightly integrated into all major accounting and ERP systems
  • Cloud connected for mobile approvals
  • Secure document archive for easy access
  • Fast return on investment
  • Empower staff to do more with their time
  • Improved visibility and control

Reclaim the potential of your finance team now.

 

Take a further look at the following sections