RMT offers clients state of the art accounts reporting service
Monday, June 22nd, 2009
RMT Accountants and Business Advisors has launched a new service to help its clients comprehensively review accounts on a regular basis, taking greater control over their credit and funding.
Accountants at the Gosforth based firm are using Validis Amatino, a software package designed to provide a quick and detailed analysis of client accounts. The system provides tailored, client-focused management reports, including information on sales performance, profit margins, debtor analysis and working capital management. It can also automatically submit financial reports in a standardised format from businesses to their credit and finance providers.
Stephen Slater, commercial services partner at RMT, said:
"In the current economic climate, businesses are increasingly being required to produce accounts to meet the needs of lenders, suppliers and credit risk insurers. It is essential that these firms are given the correct support to meet these requirements, as failure to do so may lead to the withdrawal of credit and restricted access to funding.
"Producing detailed financial reports can be time consuming for businesses and this system takes away this strain, allowing our clients to focus on their core objectives. This service also provides greater control of credit and funding by ensuring suppliers and the wider credit and finance industry are basing decisions around the business, with the most up to date information."
With Validis Amatino, RMT's clients can also review debtor risk information on companies they trade with, to help improve their cash flow management, as well as viewing ratings on which credit and finance decisions are based.
Chris Poll, CEO of Validis, added:
"RMT is leading the way in the UK by adopting the latest technology to improve and expand the service that it offers to its clients. By using Validis Amatino, RMT will also be able to supply timely and informative reports which contain the specific relevant advice required to assist client's to maximise business opportunities and generate the best possible return on investment."
For more information about RMT, visit www.r-m-t.co.uk.
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.