The new technology will automate the delivery of documents such as remittances, sales invoices and statements by email, enabling customers to save time and further streamline their document management processes.
Infor SunSystems is an integrated financial management solution (FMS) that provides organisations with real-time and localised reporting, business intelligence and unified ledgers. It is used by more than 9,000 customers across the world.
Previously users could only print these documents with limited formatting. V1’s Output Management technology enables the system to automatically format the file, extract and split it into multiple distributions, and email or print out the documents, meaning that customers can personalise their outbound finance documents in a consistent format.
V1 (wearev1.com) and Infor have a long-standing partnership and V1 already supplies document management technology for SunSystems, enabling users to automatically capture invoice data, authorise and archive documents, and reduce their paper consumption and carbon footprint.
Output Management is available to purchase now for new and existing SunSystems customers, and several customers are already taking advantage of the additional functionality it provides.
Janette Martin, Managing Director of V1, says,“The launch of V1 Output Management extends our long-running and successful partnership with Infor, while strengthening our own product offering. Output Management adds to our already comprehensive range of purchase-to-pay solutions that enable organisations to take greater control over their finances, improve efficiency and reduce costs and paper usage.
“We are always looking to invest in and develop our technology, and this new solution is already being well received by customers looking to further automate and streamline their processes.”
V1's product suite includes document management, expenses management, professional services automation, and training and learning management. Its award-winning document management technology integrates into all major accounting and enterprise resource planning (ERP) systems, with customers enjoying a typical ROI of only six months.