INVU Invu

 

TIDMINVU 
 
 
Invu plc 
24 April 2009 
 
? 
 
 
 
 
Invu plc 
 
 
First 'Invu for Accountants' partner and customer signed up within one week of 
launch 
 
 
Electronic Document Management System Designed Specifically for Accountancy 
Sector an Instant Success 
 
 
London, 24th April 2009:  Invu plc ("Invu" Ticker: INVU), the document 
management software provider, today announced that just one week after the 
launch of its first sector dedicated product, 'Invu for Accountants', the 
company has appointed its first accountancy accredited partner: Scan Worx, a 
specialist reseller in Electronic Document Management Solutions (EDM) for the 
accountancy sector. In addition, the first customer has been signed up via Scan 
Worx: SJD Accountancy, a chartered tax adviser and accountancy practice with 
offices across the UK. 
 
 
Launched earlier this month, 'Invu for Accountants' was created in conjunction 
with IRIS, a leader in the accountancy software market, specifically for 
accountants and accountancy practices. The solution includes filing structures 
that will typically apply to an accountancy practice and a new integration with 
IRIS Practice Management. Invu's document management solution for Accountants 
has also achieved product accreditation from the ICAEW (Institute of Chartered 
Accountants in England and Wales). 
 
 
The product is designed to help accountants improve efficiency and effectiveness 
of business processes, which is vital given that a recent YouGov survey found 
that chartered accountants in the UK are losing over GBP2 million per day in 
fees looking for documents. This proves that the valuable time lost trying to 
locate documents that have been mis-filed, moved to another location or simply 
lost is costing businesses dearly by reducing the number of billable hours. In 
addition, this inefficiency can impact on customer service, making it more 
difficult to retain clients. 
 
 
Jon Milburn, Senior Consultant, Scan Worx notes: "It is a great honour to be the 
first accredited partner. We have been extremely active within the Accountancy 
sector since 2005 and have seen how many accountants have greatly benefited from 
using the Invu solution. The Scan Worx team is 100% dedicated to this market 
sector and have developed an in-depth knowledge of the real issues faced by 
accountants and how they can be managed by the Invu solution. With the uptake of 
the Invu solution in this sector up already by 50% this year, we are looking for 
a great year ahead." 
 
 
The CEO of Invu ,Colin Gallick, commented: "The accountancy market is very 
important to Invu and signing Scan Worx as the first partner for 'Invu for 
Accountants' in such a short time frame is a fantastic step in our initiative to 
strengthen our presence in the sector. Scan Worx has a deep knowledge of the 
specific requirements and key business drivers of this vertical sector, thanks 
to its years of experience, and represents the ideal partner to convey the 
benefits of 'Invu for Accountants' to the accountancy sector, which is vital to 
making it a success." 
 
 
Simon Dolan, Managing Director, SJD Accountancy comments: "Scan Worx 
demonstrated an in-depth understanding of what we, as accountants, required from 
a document management solution and to see them fronting the new 'Invu for 
Accountants' campaign has only helped to solidify our confidence in our choice 
of supplier. Scan Worx's relationship as an IRIS Solution Partner was also 
central to our decision." 
 
 
Scan Worx is the first of a select few Invu partners that will receive 
Accountancy specialist status, according to their knowledge, experience and 
performance in their vertical sector. Invu will be working with these partners 
to develop a bespoke sales and marketing plan to support increased penetration 
in this market. 
 
 
Invu has a long track record of enabling the accountancy sector to maintain best 
practice for document management, and presently has more than 500 customers 
across the sector using its EDM technology. 
- Ends - 
 
 
About Invu 
Invu [LSE, AIM, Symbol: INVU] develops, markets and sells software (under the 
brand name of Invu) for the electronic management of all types of information 
and documents, such as forms, correspondence, literature, faxes, e-mail, 
technical drawings, electronic files and web pages. Invu targets the 
small-to-medium size enterprise ('SME') market and individual departments of 
larger organisations with a range of products which the Directors believe 
strongly adhere to Invu's brand values of ease of use, high quality and price 
performance. 
 
 
Founded in 1997 and based in Northampton, Invu operates in the UK, Ireland, The 
Netherlands, South East Asia, Australia, the United States of America and 
Nigeria. Invu's products have been sold to over 4,100 customers, representing 
more than 81,000 licensed users. Invu has a proven reseller business model and 
has established a network of more than 166 Value Added Resellers, 14 of which 
are in Benelux. 
 
 
Invu is a Microsoft Gold Certified Partner and a member of the Business 
Application Software Developers Association (BASDA). Its version 5.4 and Series 
6 software have been accredited by the Institute of Chartered Accountants in 
England & Wales (ICAEW). In January 2006 Invu became the first DDM ISV to join 
SAP's portfolio and is certified for integration with SAP Business One. In 
September 2006, the Invu Series 6 product was selected by Sage to be marketed by 
them into the Professional Adviser market in the UK. 
 
 
In January 2008, Invu announced a partnership agreement with IRIS, to integrate 
its Invu technology into the award winning IRIS Practice Management system, 
extending the IRIS systems' existing document functionality. 
 
 
Invu achieved the ISO 9001 compliance, in March 2008. Used by over ¾ million 
organizations the accreditation sets the standard for quality and management 
systems, by helping companies to succeed through improved customer satisfaction, 
staff motivation and continual improvement. 
 
 
For further information on how Invu can benefit your business, please contact us 
on +44(0)1604 859893, or email us at info@invu.net. Alternatively visit our 
website at www.invu.net. 
 
 
Media contacts: 
 
 
+-------------------------------------------------------+----------------+ 
| Invu plc                                              | 01604 859893   | 
+-------------------------------------------------------+----------------+ 
| Daniel Goldman, Non Executive Chairman                |                | 
+-------------------------------------------------------+----------------+ 
| Colin Gallick, CEO                                    |                | 
+-------------------------------------------------------+----------------+ 
| John Agostini, CFO                                    |                | 
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|                                                       |                | 
+-------------------------------------------------------+----------------+ 
| Financial Dynamics                                    | 020 7831 3113  | 
+-------------------------------------------------------+----------------+ 
| Juliet Clarke / Haya Chelhot / Emma Appleton          |                | 
+-------------------------------------------------------+----------------+ 
|                                                       |                | 
+-------------------------------------------------------+----------------+ 
| Wildfire PR  invu@wildfirepr.co.uk                    | 0208 339 4420  | 
+-------------------------------------------------------+----------------+ 
| Sarah-Anne Bray / Laurie Glimmerveen                  |                | 
+-------------------------------------------------------+----------------+ 
|                                                       |                | 
+-------------------------------------------------------+----------------+ 
| Arbuthnot Securities                                  | 020 7012 2000  | 
+-------------------------------------------------------+----------------+ 
| Tom Griffiths / Ben Wells                             |                | 
+-------------------------------------------------------+----------------+ 
 
 
About Scan Worx 
Scan Worx Limited specialises in Paperless Office Solutions (EDM) for 
Accountants and is a solution partner with IRIS software. As a premier Invu 
reseller they offer professional consultancy based upon several years experience 
within the document management industry. The main areas in which Scan Worx 
specialise are within the Accountancy Sector and they have installed 
successfully to over 4500 end users in this sector. With a 60% share of all Invu 
installations within this sector, Scan Worx is the most successful reseller to 
Accountants in the UK. Please call 01223 597808 or visit www.scanworx.co.uk for 
further details. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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