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Invu's Document Management For Accountants Saves Bates Weston £28,000 In Information Management And Document Storage

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Invu's Document Management For Accountants Saves Bates Weston £28,000 In Information Management And Document Storage PR Newswire BLISWORTH, England, June 18, 2012 BLISWORTH, England, June 18, 2012 /PRNewswire/ -- -Bates Weston saves on stationary and printing costs with Invu's Document Management system and transforms client relationships - Leading accountancy practice, Bates Weston, has deployed Invu's Document Management for Accountants, making up to £28,000 worth of savings in print and stationery costs through improved information management and freeing up 10% of office space previously dedicated to document storage. Bates Weston is one of Derby's leading firms of business advisors and chartered accountants. The firm provides services to a wide range of clients from corporate groups and owner managed businesses, to the charities and education sectors as well as private individuals. Services span all aspects of businesses including accountancy and audit services, tax planning, corporate finance, insolvency and corporate recovery services amongst others. It has around 1,400 clients and generates an average of 20,000 documents each month across all departments.
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Invu's Document Management For Accountants
Saves Bates Weston £28,000 In Information
Management And Document Storage
PR Newswire
BLISWORTH, England, June 18, 2012
BLISWORTH,
England
,
June 18, 2012
/PRNewswire/ --
-Bates Weston saves on stationary and printing costs with Invu's
Document Management system and transforms client relationships -
Leading accountancy practice, Bates Weston, has deployed Invu's Document
Management for Accountants, making up to £28,000 worth of savings in print
and stationery costs through improved information management and freeing
up 10% of office space previously dedicated to document storage.
Bates Weston is one of Derby's leading firms of business advisors and
chartered accountants. The firm provides services to a wide range of clients
from corporate groups and owner managed businesses, to the charities and
education sectors as well as private individuals. Services span all aspects of
businesses including accountancy and audit services, tax planning, corporate
finance, insolvency and corporate recovery services amongst others. It has
around 1,400 clients and generates an average of 20,000 documents each
month across all departments.
Previously relying on largely manual processes, Bates Weston decided its
existing information management and investment in digital information
recording and document storage would not support the business' vision and
opted to implement Invu's Document Management for Accountants to bring
real time access to the complete history of client information while supporting
the practice's strategic evolution from traditional accounts provider, offering an
annual service, to a customer focused business advisor.
Invu is now used on a daily basis by the firm's ten partners and 65 staff across
all departments. One of the key information management benefits is the speed
with which client queries can now be answered. Staff also have access to Invu
during client meetings to deal with queries. The implementation of Invu's
Document Management System for Accountants has resulted in freeing up the
entire space previously dedicated to document storage, which the practice
estimates was around 10% of its 7,000 sq ft office- as well as an entire loft
space.
Marc Pegg, IT Manager at Bates Weston,
comments, "The accountancy
business is no longer about the cheapest way of creating a set of accounts; it is
about value added services. Invu provides the central spine of information that
is enabling Bates Weston to deliver these services to clients. The investment in
Invu provides information on screen in seconds which means we can answer
any client questions immediately. This process transforms the client
relationship."
Bates Weston has attained a clear return on investment. In the year prior to
implementing Invu, the practice spent £45,000 on stationery and printing costs
alone. By the end of 2010, the print and stationery bill had been reduced by
around £17,000 per year.
Pegg concludes, "The investment in Invu has undoubtedly provided Bates
Weston with a competitive advantage. Not only have costs been significantly
cut, but delivering real time access to the complete history of client information
is now underpinning new levels of efficiency and personal contact that is
transforming the role Bates Weston can play in supporting clients."
About Invu
Invu develops software that incorporates document management, content
management, workflow, automation and collaboration specialising in solutions
for the mid-market and smaller businesses.
Also known as the paperless office, Invu typically gives a return on investment
in under six months, allowing companies to see efficiency savings in terms of
both money and time.
Over 4,500 organisations use Invu. From professional services (such as
accountants, IFAs and insurers) to education; from housing associations to
manufacturing and engineering; from transport & logistics to construction and
charities.
Invu's Open Search integration allows SharePoint users to utilise fully the
benefits of WSS/SharePoint Foundation or MOSS/SharePoint Server whilst
retaining the functions of specialist document and content management.
Invu's solutions enable automated scan, capture and management, processing
and output transformation.
Invu also integrates with all major accounting systems including IRIS and Sage,
as well as ERP and CRM systems.
http://www.invu.net
To find out how Invu can benefit businesses, please contact +44(0)1604-
859893 or email info@invu.net
For further information, please contact:
Jenny Williams
itpr
Tel. +44(0)1932-578800
E. jennyw@itpr.co.uk
http://www.itpr.co.uk
Mark Palmer
Invu
Tel. +44(0)1604-859902
E. Mark.Palmer@invu.net
http://www.invu.net