NewswireToday - /newswire/ -
St Petersburg, FL, United States, 2010/03/25 - Minerva Business Systems, Inc., a leading North American and Caribbean re-seller of Infor FMS SunSystems financial management software has signed a strategic partnership with V1 Document Management.
Minerva Business Systems, Inc., a leading North American and Caribbean re-seller of Infor FMS SunSystems financial management software has signed a strategic partnership with V1 Document Management (v1documentmanagement.com). Under the terms of this partnership, Minerva’s customers will be able to access V1 Document Management’s electronic document management and imaging solutions directly from SunSystems, enabling them to go paperless in the finance function.
V1 Document Management’s solutions cut costs, reduce time-consuming administration and free-up document storage space by enabling the electronic creation, delivery, authorization, storage, management and processing of financial documents, such as invoices and statements. By eliminating the printing, photocopying, postage and filing of paper documents, organizations are typically experiencing a payback of just six months.
Paul Fernandez, President of Minerva Business Systems says, “We’re very excited about this partnership as there is a genuine need for SunSystems-integrated document management to improve process efficiencies and cut costs. As an existing Infor partner, V1 Document Management was the obvious choice as our document management and imaging partner and we look forward to our customers reaping the many benefits of going paperless.”
Using V1 Document Management’s archive solution, all inbound paper documents are imaged and tagged to the ledger in SunSystems. Users can then retrieve these imaged documents as well as all other electronic documents by drilling down through SunSystems or by using V1 Document Management’s web browser. Documents can also be automatically delivered and circulated for approval using the electronic document delivery and authorization solutions.
In addition, with V1 Document Management’s data capture solution, which uses advanced optical character recognition (OCR) technology, information from supplier invoices can be automatically captured and verified before being electronically posted to SunSystems, significantly cutting manual data entry.
Lynne Munns, Vice President of V1 Document Management, says, “With extensive experience of the Infor FMS SunSystems market and an excellent understanding of the needs of SunSystems users, Minerva is ideally placed to effectively re-sell our solutions. I anticipate significant demand from Minerva’s customers and look forward to them dramatically streamlining their financial processes and getting a swift payback while supporting their environmental agendas.”