V1 Ltd (“V1”) is a global provider of business automation software that enables both public and private sector organisations to streamline their business processes.
V1’s award-winning document management solution integrates into all major accounting and enterprise resource planning (ERP) systems, enabling the automated delivery, storage, management and processing of documents.
Synantix OEM alliance with V1 to sell iDocuments Purchasing and Expenses solutions
Synantix, the author of iDocuments, the web and mobile based business and financial management software, announced an OEM agreement with V1 Ltd (“V1”) whereby V1 will sell iDocuments purchasing and expense solutions as V1 branded products. V1 is a global provider of business automation solutions.
V1 will brand and market the Synantix solutions as V1 Purchasing Management and V1 Expenses Management. Synantix will continue to market iDocuments through its partner network.
V1 Purchasing Management is a self-service enterprise solution that streamlines, simplifies and automates the P2P process. V1 Expenses Management streamlines the expense management process by enabling users, including managers, to raise, review and complete expenses claims from any location and at any time from both PCs and mobile devices. Both solutions integrate with all major accounting and enterprise resource planning (ERP) systems.
Janette Martin, Managing Director of V1, says, “Our partnership agreement with Synantix brings together two businesses with very complementary solutions, allowing us to provide our customers with a more comprehensive portfolio of purchase-to-pay solutions. Customers now have just one supplier that can provide them with an integrated range of solutions for all their purchasing needs.”
Carl Straub, Managing Director of Synantix, comments, “V1’s customers will now be able to benefit from the efficiency and cost saving benefits our purchasing and expense solutions provide. Users will also be able to improve spend control and enjoy a typical return on investment of between three to nine months.”