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

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June 18, 2012
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Invu's Document Management For Accountants Saves Bates Weston GBP28,000 In Information Management And Document Storage

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 [http://www.invu.net/bates-weston.aspx ], making up to GBP28,000 worth of
savings in print and stationery costs through improved information management
[http://www.invu.net/bates-weston.aspx ] and freeing up 10% of office space previously
dedicated to document storage [http://www.invu.net/bates-weston.aspx ].

    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 GBP45,000 on stationery and printing costs alone. By
the end of 2010, the print and stationery bill had been reduced by around GBP17,000 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

Source: Invu

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