Version One is the sister company to U.S-based V1 Document Management, which was established in July 2009.
UK-based Version One already has a sizable footprint in the African document management market and is looking to consolidate its position. This follows increasing demand from African businesses for electronic document management and imaging solutions, which tightly integrate into their accounting and enterprise resource planning (ERP) systems. Version One’s solutions integrate into a range of accounting and ERP systems from organisations such as Softline, Oracle, Agresso, Syspro, Infor, COA Solutions and Microsoft.
Version One (versionone.co.uk) Increases Focus on African Market to Fulfil Demand for Document ManagementVersion One’s solutions provide cost-effective and highly efficient alternatives to printing, photocopying, posting, manually authorising and filing financial documents. Using Version One’s solutions, organisations electronically create, deliver, store, retrieve, manage and process their financial documents (invoices, statements, purchase order etc.), directly from their accounting and ERP systems. As well as delivering a rapid payback, Version One customers free-up document storage space, streamline their financial processes, eliminate lost documents and report many thousands of Rand cost savings each year. Using Version One’s automated invoice processing solution, organisations can also reduce manual entry of invoice data by up to 90%.
Julian Buck, General Manager of Version One, says, “We already have a number of African partners, including Softline and Times 3 Technologies, which re-sell our solutions as value-adding ‘bolt-ons’ to accounting and ERP systems. We’ve noticed growing business coming from these partners over the last few years as a direct result of increasing demand for document management solutions from African organisations.”
"We’ve decided that the time is right to increase our focus on and investment into the African marketplace, enabling Version One to consolidate its position as Africa’s leading document management software provider for accounting and ERP systems." - Julian Buck, Version One
Buck continues, “We’ve decided that the time is right to increase our focus on and investment into the African marketplace, enabling Version One to consolidate its position as Africa’s leading document management software provider for accounting and ERP systems.”
Version One’s plans include growing its African re-seller channel, increased African marketing activity and investing in further software integrations. This includes Version One integration into Sage ERP X3 – Softline’s ERP system for mid-sized organisations worldwide. Launched globally on 20 January 2010, Sage ERP X3 is a comprehensive and ‘best of breed’ software system that supports mid-sized organisations’ accounting, purchasing, sales inventory, customer relationship and manufacturing operations. Sage ERP X3 is currently used by over 2,500 companies worldwide including a significant number of African businesses.
Version One customers include Vodacom Tanzania, Boehringer Ingelheim, Bonhams, NHSScotland, Dorset County Hospital NHS Foundation Trust, Specsavers, BT and the British Library.