Foundation Systems, part of the Systems Union Group and Version One, have formed an alliance so that users of SunSystems financial management and procurement solutions will be able to benefit from the ability to seamlessly integrate them with Version One's electronic document management and imaging software.
Such integration will enable Foundation's customers to electronically generate, manage, deliver and store all business documents, such as invoices, purchase orders and statements, from within a single system, which will save them a significant amount of time and money while boosting productivity levels.
New legislation and the penalties associated with non-compliance with regulations, such as Sarbanes-Oxley and the more recently introduced eGov initiatives, are among the key market drivers behind the increasing demand for integrated financial and document management solutions. In addition, businesses are also looking for effective electronic document storage, archiving and retrieval as they move towards the paperless office. Being able to link data held in the financial systems of the business with supporting documentation in a single system is of significant value to the proactive organisation.
Tony Bray, director of Version One, says of the partnership: "Foundation Systems' customers can now benefit from document management and imaging solutions, which increase business efficiency and provide significant savings in money, time and storage space. With a typical ROI of less than six months there is an ever-increasing demand from organisations of all sizes for integrated document management and imaging systems."
