Mamut Validis awarded "Best Use of Internet - Business" in 2008 Accountancy Age awards
Thursday, November 13th, 2008
Mamut Validis, a collaboration between Mamut and Validis, a division of Future Route, wins the prestigious UK Accountancy Age Award "Best Use of Internet - Business 2008." Mamut Validis is a core component in the all-inclusive business software solution Mamut One, combining the power and advantages of business software applications together with web-based solutions.
Eilert Hanoa, CEO at Mamut said:
Both winners in 2007 also, Validis and Mamut entered into a partnership last November to offer the Validis technology as an integrated part of Mamut's business platform. Users of Mamut's software will be able to run health-checks on their accounts. Mamut and Validis have been working together for over a year to integrate and localise Validis for all seven core markets where Mamut One is available.
Chris Poll, CEO of Future Route, added:
All-inclusive business solution for European SMEs
The ambition with Mamut One is to simplify use and management of software and services for small businesses by introducing increased functionality and accessibility. Mamut One is an all-inclusive business solution including software applications, web-based services and knowledge all integrated and managed with a single sign-on solution.
Mamut Validis is an innovative accounting service to SME customers offering a web-based accounts validation service that uses a combination of business intelligence and advanced data algorithms to instantly and efficiently validate a company's set of accounting data.
A key tool for SMEs in a tougher financial climate
Mamut, which recently announced its 55th consecutive quarter of double-digit growth, is continuously developing solutions to simplify the daily operations of European SMEs.
According to Hanoa:
"It's a high class product for SMEs that has risen to another level"
Accountancy Age publishes the following based on the jury's decision:
"It's a high class product for SMEs that has risen to another level," said one judge.
Despite the depth of its functionality the product is easy to use and runs straight off the Internet. Log in and off you go. It requires little, if any, training and is designed to be accessible by non-financial users as well as experts within the finance function.
To read the full Accountancy Age article, visit: www.accountancyage.com.
For more information about Mamut One, visit http://www.mamut.co.uk/one.
About Mamut ASA:
Founded in 1994, Mamut (OSE "MAMUT") is a leading European provider of complete, integrated software solutions and internet services for SMEs. Mamut offers complete and user-friendly solutions at the best value for money integrating CRM, sales force, logistics, accounting, e-commerce, domains, e-mail, web hosting and security. More than 400,000 European customers simplify their daily business with solutions from Mamut. Further information about Mamut and the company's products can be found at www.mamut.com.
About Validis™:
Validis™, created and brought to market by Future Route, is a revolutionary 'Software as a Service' ('SaaS'), on-demand, data checking service for financial accounts. By using a combination of business intelligence and advanced data algorithms to streamline error-checking by applying rules and analytics to every transaction, Validis provides its users with a simple, automated way of validating 100% of their accounts data in a matter of seconds.
It identifies errors; spots anomalies; highlights suspicious transactions; analyses business trends; compares data against internal and external accounting rules; and generates powerful management reports in seconds. This means users can maintain their accounts efficiently and publish them with total confidence. With virtually no training required, Validis provides its users with a fast, efficient and cost effective way of checking the accuracy and completeness of their underlying accounting data.
In order to see what impressed the judges and how you can benefit, please visit www.validis.com.
About Future Route Ltd:
Future Route Ltd specialises in the development of very sophisticated technology products that focus on producing highly complex data analysis software using proprietary algorithms and making it available for various mass markets.
Future Route has filed a number of global patents in the use of artificial intelligence, inductive logic programming and information theory to solve a range of information based business issues. The company is backed by a group of experienced and influential city investors.
The Company has recently formed a strategic alliance with Mamut, a leading European provider of complete, integrated software solutions and internet services for small and medium enterprises (SMEs), which will see all Mamut customers throughout Europe provided with access to Validis, its flagship product.
Further information on Future Route Ltd can be found at www.future-route.com.