Early in 2009, UK-based Version One announced that it was setting up in the US as V1 (news, site). At the end of that year, it announced that it had moved into the Canadian market with a partnership with CA-Plus. A few months later, it said it was looking to expand its reseller channel rapidly. This week, it has announced another partnership, again in Canada, this time with Toronto-based Bredet Services.
Bredet Services, like CA-Plus, is an enterprise resource planning (ERP) vendor that also does customer relationship management (CRM) systems, and under the terms of the agreement, Bredet will be pushing V1’s document management software so that its customers will be offered document management capabilities from their accounting systems.
In this case, the accounting system is Sage Accpac, as well as Microsoft Dynamics AX -- the result of which is that enterprises deploying Bredet products will be able to store, retrieve, authorize and deliver their documents without having to print one out.
At this stage, the value of moving to paperless systems has been well-documented, leaving the environmental benefits of doing so aside, including the reduction in costs associated with storage as well as a reduction in the amount of manual effort required to capture document information by up to 90%.
For V1, the most important aspect of the partnership is continued expansion of its partner network, which the company had flagged as being one of their primary goals in the US and Canadian market in October 2009.
V1’s document management and document imaging software enables document scanning, recognition, storage, archiving, retrieval and delivery of business documents. It also integrates with major accounting and ERP systems.
At the time, the company said that it aimed to fill a perceived gap in the American market for document management software that could integrate into financial systems.
In particular, it is looking to get together with any companies with an interest in CRM or ERP systems.