Validis captures market share as resellers recognise the potential of innovative new service

Thursday, July 12th, 2007

Validis, the Thinking Solutions Company, today welcomed the first group of software resellers onboard to resell its new service to end users of SME accounting packages such as Sage, Intuit Quickbooks and MYOB.

The Validis service offers company owners, directors, bookkeepers and external accounting professionals means to validate accounts data against known legislative and industry tests, and to discover issues which require further investigation.

Using patented artificial intelligence technology, the service working non disruptively alongside the company's existing accounting application package provides insight into business performance and offers industry leading techniques to highlight potential business issues and signs of fraud.

Paul Bailey, Commercial Director of Validis, said:

"By rigorously checking every transaction, Validis provides peace of mind for directors responsible for signing off accounts under the ever more stringent legislation such as the Companies Act 2006. "We are delighted to welcome on board the first wave of resellers who have recognised the value of the solution in their respective market segments. We expect our resellers to do extremely well as the compelling case for Validis - reducing time taken to manually review accounts, decreasing risk when presenting accounts externally and reducing accounting and audit bills - driven by an extremely easy to use service means this is set to become a truly mass market solution."

David Henderson-Begg, Director of Labyrinth IT, a London based reseller of Intuit QuickBooks shared the excitement, enthusing:

"Validis is one of the most exciting new services that we've seen for a long time."

Return to the main news page.