| NEWSTRACK | September 2006 |
Total Systems selects Invu for strategic relationship in Document Management
TOTAL
SYSTEMS plc and Invu have agreed for Total to become an accredited Developer
Partner for Invu's electronic document management and workflow products specifically
into the general insurance sector.
Total's detailed knowledge of the UK insurance marketplace led them to believe that the sector's requirements in respect of document management extend beyond that of a traditional, non-regulated organisation. Managing the strict guidelines set down by the FSA in respect of storage and retrieval of customer information whilst delivering first-class customer service have not traditionally gone hand in hand. The combination of total's wealth of insurance expertise and Invu's market leading products will deliver the efficient ‘paperless office’ that today's insurance industry demands, ensuring that every email and every file is accessible, traceable and securely stored.
Colin Fox, Sales Director at Total commented, "Having undergone a thorough review of the various products available in the market, it became clear that Invu's latest .Net product offers all the functionality and ease of integration to policy administration systems that the industry needs, at a price which is compelling. We have integrated Invu into our Ultima policy administration system simply to prove the overall solution. However, our plan is to supply Invu integrated to the customer's administration solution of choice."
Invu have established relationships in place with key product vendors such as SAP and Sage and recognise the opportunity within vertical markets such as insurance. Jon Halestrap, Director of Sales and Marketing at Invu commented, "We are delighted to be working with Total Systems to bring greater focus to the insurance vertical and to build on our successful implementations to date. The in-depth insurance knowledge of Total's consultants will be a key factor in building our presence in this expanding marketplace."
About Total Systems
Total Systems offers a comprehensive range of software, support and expertise to the insurance sector. Total Systems’ Ultima product is a client-driven, integrated insurance and warranty system used to manage personal and commercial insurance and warranty products, from quotation through to claims and accounting.
In addition to delivering cost-effective, robust, solutions, Total Systems’ provides the necessary consultancy, training and support to ensure that its clients get the maximum return on their investment.
About INVU
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 has 44 employees and operates in the UK, Ireland and The Netherlands. It raised over £3.5 million following its flotation on the AIM stock market in January 2004. Invu’s products have been sold to over 2,200 customers, representing nearly 40,000 licensed users. Invu has a proven reseller business model and has established a network of more than 120 Value Added Resellers, 10 of which are in Benelux.
Invu is a member of the Business Application Software Developers Association (BASDA) and its version 5.4 software has recently been accredited by the Institute of Chartered Accountants in England and Wales (ICAEW). In January 2006, Invu became the first EDM ISV to join SAP's portfolio and is certified for integration with SAP Business One.
Invu www.invu.net
Total Systems www.totalsystems.co.uk/home.htm
