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Document management and imaging software author, Version One, has today announced a partnership with Accurate Solutions Limited, a leading provider of financial management systems to Oxbridge Colleges.

This partnership sees the integration of Version One’s suite of document management and imaging products into Accurate’s Mercury finance system, enabling users to electronically create, store, retrieve, deliver and authorise documents directly from their Mercury system. Colleges will also be able to automatically capture data from incoming documents, reducing manual data entry by up to 80%.

Phil Akers, Director of Accurate Solutions, says, “With integrated document management, Mercury users are provided with advanced functionality for the paperless management and processing of a range of documents including invoices, statements, remittances and student records. As well as cutting paper consumption and carbon emissions, thereby supporting colleges’ environmental policies, this technology also cuts costs, improves efficiency and frees-up document storage space.”

Lynne Munns, General Manager of Version One comments, “This partnership is great news for Mercury users who now have financial management and document management technology rolled into one, fully-integrated system. For the first time, users can view imaged documents directly from their finance system and can automatically deliver and authorise them without moving from their PCs.”

Munns adds, “Both the business and environmental benefits of using document management cannot be underestimated. Version One customers are experiencing a return on investment within just six months, cost savings of many thousands of pounds and swifter processing of documents. By eliminating the manual processing and handling of documents, the risk of human error, such as data entry mistakes and lost and damaged documents, is also removed. This is in addition to reduced paper waste, which is fundamental to any organisation’s green agenda.”


About Version One

Version One Ltd is the author of electronic document management and imaging solutions. These solutions enable the 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 cut paper consumption whilst saving dramatic amounts of time and money.

About Accurate Solutions Ltd.

Accurate Solutions specialises in providing integrated computer systems for Oxford and Cambridge Colleges. Mercury is its latest release of accounting software, and is designed to complement its EPOS, Meal Booking and other web applications. Accurate is the leading supplier of financial and student solutions, currently used by over 30 Colleges in Oxford and Cambridge.


Liz Ebbrell, Version One
Tel: +44 (0)1625 856505 or 07917 634 705

Ben Carey, Version One
Tel: +44 (0)1625 856505

Philip Akers, Accurate Solutions
Tel: +44 (0)1923 242222 or 07973 271 376

This press release was distributed by ResponseSource Press Release Wire on behalf of V1 Ltd in the following categories: Business & Finance, Education & Human Resources, Computing & Telecoms, for more information visit