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20th October 2005 – Document management and imaging company, Version One, is celebrating after being shortlisted for FOUR separate Information Management Awards. Version One’s DbCapture and DbArchive solutions have each been shortlisted for both the Document Management Product award and Product of the Year categories. The Information Management 2005 (IM2005) Awards recognise European excellence and innovation in the management of business information.

“We are thrilled that the judges have recognised the impact DbCapture and DbArchive are having on business processes. By implementing these paperless office solutions, organisations can enjoy huge increases in productivity, significantly reduced costs and a very fast return-on-investment”, explains Tony Bray, director of Version One.

Through tight integration with all the major Accounting and ERP systems, DbCapture and DbArchive enable the automatic storage, retrieval, management, enhancement and delivery of business documents.

Launched this year, DbCapture uses the latest Artificial Intelligence and Optical Character Recognition (OCR) technologies to dramatically reduce manual data entry and paper-based processes. The solution automatically extracts data from key fields when an incoming document, such as an invoice, is scanned-in. DbCapture can also validate the extracted data against the accounting system (e.g. supplier details, purchase orders, GRNs) and automatically highlight discrepancies for the attention of the operator.
DbArchive removes the need for traditional paper-based document storage by automatically archiving all outgoing and incoming documents. With DbArchive, images of documents are just a ‘mouse-click’ away and can be retrieved in seconds.

The winners of the IM2005 Awards will be announced on 1st December 2005 at the Grosvenor House Hotel, London.

ENDS

Notes to Editors

About Information Management Awards
The Information Management Awards (http://www.im2005.elanconf.co.uk/) now in their tenth year, are the premier European recognition of excellence and innovation in the management of business information. They are fiercely contested and highly valued within the IT and business world. Judging for each category is undertaken by a panel of three expert judges.



About Version One
Version One Ltd, a rapidly growing company established in 1989, is the author of a range of document management and imaging software solutions.

Version One’s software has been shortlisted for Enterprise Software Package of the Year in the 2005 Accountancy Age Awards and has also been shortlisted for the Information Management Awards 2005 (IM2005) and Green Apple environmental awards 2005. Version One is officially named as one of the fastest-growing technology companies (in the North and Midlands) in the 2005 ‘Deloitte Fast 50 Awards’ and was named one of the fastest growing-technology companies in Europe, Middle East and Africa (EMEA) in the 2004 ‘Deloitte European Technology Fast 500 Awards’. Version One's leading document management system - DbArchive - automatically archives electronic copies of all outgoing and incoming business documents. The latest launch, DbCapture, uses advanced Artificial Intelligence and Optical Character Recognition (OCR) technologies to dramatically reduce manual data entry. Both solutions save dramatic amounts of time and money.

Contacts:

Liz Ebbrell, Version One
Liz.ebbrell@versionone.co.uk http://www.versionone.co.uk
+44 (0)1625 856500 or 07917 634 705

Catherine Murphy, Version One
catherine.murphy@versionone.co.uk http://www.versionone.co.uk
+44 (0)1625 856500 or 07771 746056

Tony Bray, Version One
tony.bray@versionone.co.uk http://www.versionone.co.uk
+44 (0)1625 856500 or 07778 648082




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 https://pressreleasewire.responsesource.com/about.