Software vendor Version One has teamed up with education software specialist Accurate Solutions to offer universities an integrated document and financial management offering.

Version One's range of document management and imaging products will now be integrated into Accurate's Mercury financial management product. The aim is to allow users to authorise, deliver, retrieve and store documents from their Mercury system. Universities can also capture data automatically from any incoming documents which the two companies claim could eradicate up to four fifths of manual data entry.

Phil Akers, director of Accurate Solutions, said: “With integrated document management, Mercury users are provided with advanced functionality for the paperless management and processing of a range of documents including invoices, statements, remittances and student records. As well as cutting paper consumption and carbon emissions, thereby supporting colleges’ environmental policies, this technology also cuts costs, improves efficiency and frees up document storage space.”

Version One's general manager Lynne Munns added: "This partnership is great news for Mercury users who now have financial management and document management technology rolled into one, fully-integrated system. For the first time, users can view imaged documents directly from their finance system and can automatically deliver and authorise them without moving from their PCs.”