News
Validis™ launches the Validis Service for Sage, MYOB and Intuit QuickBooks platforms
Thursday, June 21st, 2007
Validis, the Thinking Solutions Company, today announced the public availability of its revolutionary accounts validation and discovery service for Sage Line 50, Sage Instant Accounts, Intuit QuickBooks Pro and Accountant and MYOB Accounting and Accounting Plus.
The Validis service is a new and innovative online accounting validation service that analyses a complete set of accounts in seconds allowing the user to manage critical unknown issues, inconsistencies, unusual events and signs of fraud, as well as conduct business discovery and variance analysis through a full analytical review.
To mark the event Validis invited a group of accounting software resellers and accountants in practice to the Design Museum in London. The service was very well received and 75% of those in attendance signed a partnership agreement on the day.
An introduction to the event was provided by John Oates, BSc(Econ), FCA, FCMI, MBCS, Partner, IT Advisory Services, Baker Tilly and Vice Chairman, ICAEW IT Faculty, who spoke about the advance of technology in accounting services and the cost of poor quality accounting data and compliance issues for small and medium sized business (SMEs).
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.