“Winning the Best Online Solution 2008 award from Accountancy Age is a huge victory for Mamut, but even more for the investments in our Software + Services technology Mamut Business Platform and is a strong market endorsement for our long term partnership with Validis”, says Eilert Hanoa, CEO at Mamut.
Both previous winners of Accountancy Age Awards, Validis and Mamut entered into a deal last November to offer the Validis technology as an integrated part of Mamut’s business platform. Users of Mamut’s software will be able to run health-checks on their accounts. Mamut and Validis have been working together for over a year to integrate and localise Validis for all seven core markets where Mamut One is available.
“We are excited to be working with Mamut. This collaboration offers SMEs a new level of financial insight and control. The solution’s Internet-based delivery model also enables businesses to work far more effectively with advisors and funders,” says Chris Poll, CEO at Future Route.
All-inclusive business solution for European SMEs
The ambition with Mamut One is to simplify use and management of software and services for small businesses by introducing increased functionality and accessibility. Mamut One is an all-inclusive business solution including software applications, web-based services and knowledge all integrated and managed with a single sign-on solution.
Mamut Validis is an innovative accounting service to SME customers offering a web-based accounts validation service that uses a combination of business intelligence and advanced data algorithms to instantly and efficiently validate a company’s set of accounting data.
A key tool for SMEs in a tougher financial climate
Mamut, which recently announced its 55th consecutive quarter of double-digit growth, is continuously developing solutions to simplify the daily operations of European SMEs.
“Mamut Validis is probably the single most important new feature in Mamut One given today’s economic climate. Mamut Validis empowers all small businesses with tools and technology that so far has only been available for larger companies at a very high investment. By being able to instantly and continuously check and understand your accounts without having in-depth knowledge of accounting, every business owner and manager are getting the full overview. Accessible anywhere, the solution enables greater collaboration with and value from external advisors and funders” says Hanoa.
“It’s a high class product for SMEs that has risen to another level”
Accountancy Age publishes the following based on the jury’s decision:
‘It’s a high class product for SMEs that has risen to another level,’ said one judge.
Despite the depth of its functionality the product is easy to use and runs straight off the internet.
Log in and off you go. It requires little, if any, training and is designed to be accessible by
non-financial users as well as experts within the finance function.
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About Mamut
Founded in 1994, Mamut (OSE “MAMUT”) is a leading European provider of complete, integrated software solutions and internet services for SMEs. Mamut offers complete and user-friendly solutions at the best value for money integrating CRM, sales force, logistics, accounting, e-commerce, domains, e-mail, web hosting and security. More than 400,000 European customers simplify their daily business with solutions from Mamut. Further information about Mamut and the company’s products can be found at www.mamut.com.
About Validis™ and Future Route
Validis™ is a division of Future Route Limited a leader in ‘Intelligent Analytics’ - the application of artificial intelligence and advanced data analytics to derive important answers to business problems within significant volumes of data.
The Validis automated accounts review service is a unique secure Internet-based service for businesses and their trusted advisors that want greater clarity and control of their financial performance without the cost and time required to carry out detailed manual account review and analysis. Validis automates the validation and analysis of accounting information, providing instant, in-depth insight into a company’s financial performance and the quality of the underlying data. Exceptionally easy to use, quick to deploy and highly secure, Validis complements existing accounting, accounts preparation and audit management systems and is readily incorporated into users’ working routines.
Validis is accredited by the Institute of Chartered Accountants in England and Wales (ICAEW), recommended by the ACCA, and is recommended by leading industry experts promoting industry best practice and innovation. Further information about Validis can be found at www.validis.com.
For more information, please contact:
Eilert Hanoa, CEO, Tel. +47 92 83 29 05, e-mail: ehanoa@mamut.com
