Our Technology

Our software integrates with the solutions from all the key finance and accounting suppliers such as Sage™, Advanced™, Infor™, Microsoft™ and many more. The strong relationships we have with our partners make it easy to work hand-in-hand with them to seamlessly integrate our solutions. Our team works side-by-side with organisations to enable the creation, storage, capture, authorisation, management and delivery of business documents.

"V1’s technology has considerably streamlined our purchase-to-pay processes. On average we are now able to process a purchase invoice up to ten minutes quicker than before, saving considerable time."

Shabir Ismail, Director of Finance

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"V1’s ability to track objects to a centralised back-end SQL database and highly customisable bar coding solution enabled us to set up a process extremely well suited to our needs."

Mike Rohwer, IT Manager

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"We looked at several solutions, but decided on V1 financial automation software because it was simple to use and intuitive for our staff."

Hazel Copeland, Chief Financial Officer

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  • North Warwickshire & Hinckley College
  • Enterprise Properties
  • Woldmarsh

Mandatory Upgrade to V1 BACS 6.3

V1 BACS R6.3 is an important release as it introduces full support for SHA-256 certificates & smartcards. These enhancements have been made in response to changes in the payments industry driven by BACS to improve security and removing support for SHA-1 encryption. Sponsoring Banks are currently issuing replacement smartcards which are SHA-2 compatible.

  • Support of SHA1 will end on 26th June 2020
  • Vocalink (the power behind BACS) want all customers to be using a SHA-2 enabled solution by 1 November 2019 - this means our customers need to be using V1 BACS 6.3 by 1st November 2019.

 

Contact us to upgrade now

News & Opinions

Automation – a transformational force for finance teams
Why Making Tax Digital is a catalyst for change

Why Making Tax Digital is a catalyst for change

While Making Tax Digital (MTD) has been a focal point for the past couple of years, the 1st April deadline merely marks the start of changing how organisations report back on tax and VAT digitally.

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