By: Aniket Pandya
Finance automation company V1 has been awarded the highly coveted Rockstar* partner status from Sage, taking it another step closer to driving greater automation in the accounting sector. Six years after a joint agreement was signed to introduce EDM for Sage X3, V1’s Purchase Invoice Automation (PIA) solution has been given the top partner ranking for Sage X3, held by just 12 Independent Software Vendors (ISV) globally. The V1 solution is also the only certified invoice automation software for Sage ERP X3.
The new status, which further strengthens V1’s partnership with Sage, is an important step in supporting Sage’s plans to increase sales revenues for its business management solution Sage X3 as well as support companies looking to improve overall efficiencies in the finance department. The new Rockstar status will mean the V1 solution will be available to midmarket businesses in Europe, North America, Australia and South Africa.
David White, Channel and Alliances Director UK Enterprise at Sage, comments: “We named V1 as our Rockstar because our relationship has over the years grown from strength to strength. V1 knows how we work and understands our technology. Its invoice automation solution integrates seamlessly with Sage X3, and it’s this unique level of integration, along with the product portfolio V1 offers, that is helping us win more business. Our partnership encourages mutual business growth, increases market reach, and improves customer satisfaction. It also meets the evolving needs of our customers who are showing a huge appetite for automation and cost savings.”
V1’s solution is integrated tightly into the core of Sage X3, offering advanced functionality for true finance automation. It is able to simplify and modernise standard business processes such as Accounts Payable and Accounts Receivable by automating data capture, filing and retrieval of transaction related documents. Over 2,000 customers worldwide are using V1 solutions and it’s set to increase significantly as recent research from Sage suggests 86% accountants are now ready to embrace emerging technology to eliminate admin.
Dean McGlone, Sales Director at V1, says. “Sage’s decision to give the Rockstar status to our solution reaffirms its confidence in automating the finance function to benefit business as a whole. Automation is fast becoming part of organisations’ digital transformation plans, with most of our resellers now reporting our PIA solution helped them increase average order values and win new business for Sage. The increased demand also means we are constantly signing up new resellers wanting to take advantage of automation, with Frontline Consultancy being the latest partner to join our Sage X3 partner programme.”