MarketInvoice Integrates with Validis on Confidential Invoice Discounting Solution MarketInvoice and Validis joined forces to provide an end-to-end solution to one of the biggest pain points facing the UK SME market today – cashflow management. Unpaid invoices can cause huge cashflow issues for UK SMEs, and research shows businesses can waste over 100 hours a year following up on [...]
Jim Bourke, Head of Audit Innovation at WithumSmith+Brown, on why Validis is the future of audit technology. Withum is the 27th largest accounting firm in the US, with roughly $150m in revenue, a staff of about 900 and 2,000 audits conducted annually. The firm began using DataShare to overcome the challenges that traditional auditing presents. View the video to [...]
The Value of Data in SME Lending The rise of digital and automated technology has left traditional financial institutions looking for new ways to compete with a fresh breed of agile competitors. Understanding small and medium size businesses has become a prime focus for lenders as they look to grow their books. In this [...]
Securing bank financing for a small business (SMB) is neither fast nor easy, but the people running those SMBs need it to be both. For financial institutions (FIs), too, it’s in the bank’s best interest to move the process along. Small business borrowers expect quick decisions. Data can empower banks to improve the their experience. [...]
Operating in one of the most erratic and unpredictable economic climates in modern times renders the role of the auditor more important than ever, as pressures to improve audit quality and deliver valuable insights to clients increase.
Securing bank financing for a small business (SMB) is neither fast nor easy, but the people running those SMBs need it to be both. For financial institutions (FIs), too, it’s in the bank’s best interest to move the process along. However, the business lending process is bogged down with manual paperwork that can take as long as 25 hours [...]
Learn about the different types of data and how the use of data automation positively benefits lenders and borrowers. In addition, you’ll understand the challenges of getting financial data and how Validis technology can help ease the pain points of small business lending. View our presentation here.
Validis Honored as the 2017 Excellence in Accounting & Finance Technology Award Winner We are absolutely delighted to announce that Validis has won the award for Excellence in Accounting & Finance Technology at this year’s British Accountancy Awards. The British Accountancy Awards are considered to be the most important in the UK accountancy market and they exist to honour [...]
Data is a key resource – if not the resource – that powers modern business. Yet, unless it is in a homogenized package, its benefits are limited, thus limiting what industries – especially the accounting and lending industries – can achieve for its clients. The power of data is well known. However, full adoption has been slow, despite the indisputable [...]
Oil is Out – Data Now Fuels the World A recent Economist1 article likened data to oil, highlighting how – like oil – data is a power that dictates so much about how our modern world functions. And, as we frantically attempt new ways to access oil, we also tirelessly attempt ways to assert ownership over data in order [...]