The announcement by V1 Document Management (news, site) that they have just partnered with Toronto-based CA-Plus, a specialist in the implementation of Sage accounting and enterprise resource planning software(ERP) is no real surprise.
Mixing Document Management with Accounting
Placed firmly in the Canadian mid-market, CA Plus’ clients will be able to access V1’s document management software from within Sage applications, and in particular Sage Accpac ERP, enabling them to cut out a lot of the paper pushing that goes with the majority of financial transactions.
Sage Accpac ERP is an advanced Web-based accounting software solution built on object-oriented, multi tiered architecture. Designed for companies of all sizes, it provides a foundation for an integrated set of end-to-end business management applications.
V1 Document Management Expansion
However, the real interest here -- not that CA-Plus is newsworthy in itself -- is that V1 Document Management is the US arm of UK-based Version One, which this year has made considerable efforts to launch itself in the US.
And by all accounts that launch has been quite successful. At the time of the opening of their US office in Florida last May, the company said that it aimed to fill a gap in the American market for complete document management software that can integrate into financial systems.
They also indicated at the time that they were interested not just in the US, but in the Americas, and in hooking up with companies with an interest in customer relationship management (CRM) systems or enterprise resource planning (ERP) systems.
Heading to Canada
And with CA-Plus they have kept true to that goal. Version 1 document management and document imaging software enables automatic document scanning, recognition, storage, archiving, retrieval and delivery of all business documents. It also integrates with all major Accounting and ERP systems.
By integrating the two systems CA-Plus customers will be able to automatically capture data from their purchase invoices, thus reducing manual data entry by up to 90%.
V1 for its part gets a foothold in the very business segment it has been targeting since May, as well as opening considerable new markets for their software.
Watch this space for more news of new moves from V1.