TechnologyAwards 2007: Best Use of Internet – Business

Awards 2007: Best Use of Internet - Business

And the winner of the Best Use of Internet: Business award is...

AA Awards

Sponsored by Chameleon Personnel Services

Winner: Validis

The equivalent of an electronic auditor, Validis, the winner of the Best use
of Internet in Business Award, is a revolutionary new software package that uses
artificial intelligence technology to pull out discrepancies and errors in small
business accountants.

The technology gives non-financial experts the ability to work through their
accounts and identify key financial problems. Supplied over the internet, using
the software is as easy as buying a book online.

Small businesses, in particular, do not have to go through costly and complex
implementation processes, but can simply log on with Validis on the internet,
upload any accounts for analysis and receive an almost instantaneous response.

The product is available on the internet 24/7 and requires little, or no,
training. Users only need to watch a two-minute demonstration video before they
can start using the technology.

‘This technology could change the way businesses operate. The use of the
internet to deliver the product and the flexible approach is very inventive,’
the judges said.

The product, although only launched recently, has already impressed
customers.

‘Personally, auditing our accounting activity on a frequent basis is neither
practical, nor is it commercially viable… Then along came Validis. Validis
delivers precisely that level of scrutiny,’ said Stuart Haddow, a director at
Xperian Recruitment.

Sri Rajaratnam, finance director at charity group Visiting Arts, said: ‘The
product is easy to install, simple to use, fast in producing results and
relatively inexpensive. The results are easy to understand and you do not even
have to be an accountant to interpret the results.’

Related Articles

GDPR: How legitimate are your legitimate interests?

Regulation GDPR: How legitimate are your legitimate interests?

4d Ian Singer, PKF Littlejohn
Viewpoint: Making Tax Digital is not all doom and gloom

Technology Viewpoint: Making Tax Digital is not all doom and gloom

5d Brian Palmer, AAT
Treasury cracks down on Bitcoin amid tax evasion concerns

Regulation Treasury cracks down on Bitcoin amid tax evasion concerns

1w Alia Shoaib, Reporter
AVADO wins award for online ACCA courses

Career AVADO wins award for online ACCA courses

1w Alia Shoaib, Reporter
The role of the accountant as productivity and technology leader

Technology The role of the accountant as productivity and technology leader

2w Receipt Bank | Sponsored
Accountancy in the digital age: Flexibility, agility, efficiency

Accounting Software Accountancy in the digital age: Flexibility, agility, efficiency

2w Pegasus Software | Sponsored
How to get your clients ready for the cloud

Cloud How to get your clients ready for the cloud

3w Sage | Sponsored
Viewpoint: Making Tax Digital could make harder work for accountancy firms

Career Viewpoint: Making Tax Digital could make harder work for accountancy firms

3w Jason Reynolds, AJ Chambers