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Validis™ to showcase their revolutionary new online accounts validation service at Softworld, NEC Birmingham, 17th-18th October 2007

Friday, August 31st, 2007

Validis will be attending Softworld, the UK's only software exhibition and conference for the accounting and finance profession, to showcase their revolutionary new online accounts validation service. Validis Business Lite™ and Validis Business™ monitor the financial health of small to mid-sized companies and catch mistakes before they result in loss, fines or damaged reputations. Each service is delivered through the Software As A Service model meaning there is no complex installation, implementation or customisation required.

Validis Business Lite complements existing accounting packages because it: checks the validity of company accounting data in seconds; supports company owners and directors in creating high quality accounts by identifying issues such as mispostings, mistypings, inconsistencies and misclassified VAT rates immediately; applies comprehensive internal accounting tests; and displays analysed accounts in a number of useful management reports.

Validis Business extends the analytical power of the Validis accounts validation service to meet the needs of larger firms; incorporating teamwork it allows finance departments, or internal accounting staff and their external advisors, to collaborate in creating high quality accounts; it applies extended and custom accounting tests; and displays detailed interactive management reports.

Stewart Holness, CEO of Validis, commented:

"Validis is a new and unique online validation service for financial accounts that represents a significant commercial opportunity for accountants in practice, accounting software resellers and freelance accountants and bookkeepers. It has the potential to provide great efficiencies in the accounting services market place, bringing significant value to company owners and their trusted financial advisors alike. Softworld provides the perfect environment for us to demonstrate this potential to members of the accounting and finance profession. The team and I are looking forward to meeting people personally on the day."

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.

 

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