K3 lands exclusive global dealV1, an award winning provider of business automation software, has announced that it has signed a strategic partnership with Advanced Business Solutions’ market leading accounting and finance provider, Exchequer.

The new partnership means that Exchequer’s customers will now be able to benefit from V1’s best of breed document management portfolio, which will be integrated with Exchequer’s finance system and branded as Exchequer Document Manager.

Exchequer Document Manager will enable users to electronically create, deliver, authorise, store, manage and process their business documents, such as invoices and purchase orders, eliminating the time-consuming and costly paper-based processing of business documents.

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Users will also be able to reduce the time-consuming manual data entry of purchase invoices by implementing Optical Character Recognition (OCR) technology to automatically capture data from scanned purchase invoices.

Janette Martin, Managing Director at V1, said: “This partnership is excellent news for V1 and Exchequer. It represents a great growth opportunity for both businesses, and means Exchequer customers will now have access to two best of breed solutions.

“Our document management software offers real value-adding functionality capable of delivering significant cost and efficiency savings.”

Greg Ford, Managing Director of Exchequer, added: “Our new partnership with V1, a recognised global leader of document management technology, is an exciting development for all our customers.

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“V1 has a long history of successful global partnerships and we are delighted to be partnering with them.”

Exchequer’s award-winning, fully integrated accounting and business software helps organisations improve the way they manage and operate their business, delivering significant time and cost savings by automating everyday tasks.