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International business management software author Agresso (www.agresso.com/uk) has today formed a partnership with document management and imaging company, Version One (www.versionone.co.uk). Agresso will now have Version One’s intelligent document capture software, DbCapture, integrated into its Business World ERP system, enabling Agresso users to significantly reduce the time and costs associated with the manual data entry of incoming documents such as supplier invoices, purchase orders (POs) and remittance advices.

With Version One’s integrated technology, Agresso users simply scan-in a batch of documents, such as invoices. DbCapture then automatically recognises document type and supplier by each document’s unique characteristics and the relevant references and amounts are then automatically highlighted, extracted and validated before being uploaded into Agresso Business World.

Terry Donelly Strategic Partner Manager from Agresso says “The integration of Version One’s intelligent document capture technology will add tremendous value to the Agresso Business World system, ensuring our users enjoy a range of additional business benefits. Instead of users having to manually key-in all data from financial documents, which is costly, tedious and prone to error, they’ll be able to automate this process by up to 80%, enabling AP staff to spend less time on data entry and more time on value-adding activities. DbCapture also reduces data entry errors and enables invoices to be processed more swiftly, reducing late payment penalties.”

Lynne Munns, General Manager of Version One adds, “We’re delighted to be Agresso’s partner for document capture. The marriage of advanced optical character recognition with artificial intelligence technology has created a powerful and yet flexible and easy-to-use document capture system. As part of Agresso’s integrated Business World suite, this capture system will provide users with cost and time savings as well as considerable efficiency gains.”

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Notes to Editors:

About Agresso www.agresso.com

Agresso is a €156 million enterprise resource planning (ERP) subsidiary of Netherlands-based Unit 4 Agresso (Dutch Stock Exchange EURONEXT-U4AGR) and one of the top five providers of ERP solutions for professional services and public sector organisations. Agresso offers a uniquely integrated data/process/delivery architecture designed specifically for Businesses Living IN Change (BLINC)™.

Agresso is known as "The ERP Market's Definition of Agility" as it allows an unlimited amount of ongoing, post-implementation changes without the typical external IT costs and intervention that nets billions of dollars in revenue to the market leaders. Over 2,600 companies and organisations in 100 countries deploy Agresso Business World for both operational support and strategic management. The company’s role-based, Web Services and Services-Oriented Architecture (SOA) enabled solutions

include: Financial Management, Human Resources and Payroll, Procurement Management, Project Costing and Billing, Reporting and Analytics and Business Process Automation. Agresso has fully operating sales offices in the United Kingdom, Norway, Sweden, Denmark, The Netherlands, Belgium, France, Germany, Spain, Portugal, Canada and USA.

About Version One www.versionone.co.uk

Version One Ltd is the author of electronic document management and imaging software. These solutions enable the automated electronic storage, retrieval, management, enhancement and delivery of business documents such as invoices, purchase orders and statements. This 'paperless office' technology is seamlessly integrated into all major ERP and accounting systems and with a typical ROI of less than six months, Version One's solutions are enabling thousands of organisations to save dramatic amounts of time and money.

Contacts:

Liz Ebbrell, Version One
Liz.ebbrell@versionone.co.uk
+44 (0)1625 856505 or 07917 634 705

Marc Ambasna-Jones, Agresso
marc@monumentpr.com
+44 (0)1225 580141 or (0)7966 510702

This press release was distributed by ResponseSource Press Release Wire on behalf of V1 Ltd in the following categories: Business & Finance, Computing & Telecoms, for more information visit http://pressreleasewire.responsesource.com/about.