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Validis™ announces limited public launch of innovative service for accounting system users
Tuesday, April 17th, 2007
Validis, the Thinking Solutions Company, today announced the limited public launch of its innovative new service Validis for Sage™ - the largest single group of accounting systems users in the UK.
This unique interactive on-line service is designed to allow everyday accounting application users to quickly and easily verify the accuracy and validity of their accounting data. After subscribing to Validis, users are offered a simple interface to allow them to run the sophisticated algorithms over their accounting data which detects any errors.
With Validis, the mission is to bring affordable, easy to use, secure, ground breaking technology and software engineering to SME businesses, and the accountancy practices that work with them, so as to dramatically increase efficiency, productivity and profits. This will also improve job satisfaction and the quality of daily working life.
There have been three revolutionary aids to business and accountancy. First there was the calculator, then the spreadsheet, now Validis™.
Validis is a very simple application using very advanced and sophisticated software that quickly and easily verifies the accuracy and completeness of even complex accounting data. In this respect it is rather like Microsoft Word's Spell Checker. It too is very simple to apply but belies the sophistication of the software engineering that makes it work. However, Validis is this and more; Validis is the "thinking software" that mathematicians have tried to commercialise for years.
Commercial release is being controlled to allow continued feedback from early field tests where over 100 external users test drove the service and provided key use and design feedback to the company.
Stewart Holness, CEO, commented:
ENDS
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.