V1 Document Management Partners With UNIT4 CODA

MANCHESTER, New Hampshire and CLERMONT, Florida, October 27, 2010 /PRNewswire/ -- Florida-based document management and imaging software provider, V1 Document Management, today announces its partnership with UNIT4 CODA, Inc.

UNIT4 CODA, Inc. is part of UNIT4, a $517 million global business software company that creates, delivers and supports adaptable business software and services. Under the terms of the partnership, UNIT4 CODA is re-selling V1 Document Management's electronic document storage, document authorization and data capture software solutions, which will be tightly integrated into its CODA Financials accounting system.

CODA Financials customers across North America can now electronically store, retrieve and authorize all their financial documents, including purchase orders, invoices and statements, directly from their accounting system, eliminating the inefficient filing and manual approval of paper documents. Using V1 Document Management's data capture solution, DbCapture, CODA Financials customers can also cut the manual data entry of invoice information by up to 90 per cent, significantly streamlining invoice processing efficiency.

Steve Pugh, CEO from UNIT4 CODA says, "Our strategic partnership with V1 Document Management will help CODA Financials customers drive efficiencies, cut costs and support their environmental agendas. The rapid return on investment V1 Document Management's solutions deliver, typically within just six months, provides a compelling proposition for all CODA Financials customers."

V1 Document Management's solutions eradicate stationery, printing, photocopying, postage and offsite archiving, providing customers with significant cost savings and freeing-up document storage space. The automation of purchase-to-pay and order-to-cash processes using V1 Document Management's software also delivers considerable efficiency savings, improves cash flow, eliminates lost documents and provides a clear audit trail.

Lynne Munns, Vice President of V1 Document Management, says: "This is an exciting opportunity that opens-up the North American CODA Financials market for V1 Document Management. We look forward to CODA Financials customers benefiting from the significant cost and efficiency benefits our 'paperless office' software delivers."

Notes to Editor

About V1 Document Management (http://www.v1documentmanagement.com)

V1 Document Management is a successful US-based provider of document management and imaging software. V1 Document Management's systems enable the electronic creation, scanning, delivery, authorization and management of documents. Tightly integrated into all major accounting and enterprise resource planning (ERP) systems, V1 Document Management's solutions eliminate the paper-based storage, duplication and circulation of all types of document including invoices, statements and purchase orders. Using these solutions, mid-sized organizations can significantly cut costs, reduce staff time spent on administration, free-up document storage space and enjoy a return-on-investment within just six months.

V1 Document Management is an Advanced Computer Software Group plc company.

About UNIT4 CODA, Inc.

UNIT4 CODA Inc. is part of UNIT4, a $517 million global business software company that creates, delivers and supports adaptable business software and services to help dynamic organizations manage their business needs effectively. We strive to set the global standard for business solutions that enable dynamic organizations to embrace change -- simply, quickly and cost effectively. http://www.unit4coda.com

    For more information, please visit
http://www.unit4coda.com/products/document-management or call:

    Sherri Gray
    Marketing Manager
    UNIT4 CODA
    +1-603-471-1787
    [email protected]

    For press information, contact:
    Liz Ebbrell, PR Manager
    V1 Document Management
    [email protected]
    +44(0)1625-856505

    Outside of UK office hours please contact:
    Lynne Munns
    Vice President
    V1 Document Management
    [email protected]
    +1-617-470-8510

SOURCE UNIT4 CODA, Inc