Close Invoice Finance has won a coveted Computing Award for Excellence 2008 from Computing magazine for IDeal , its unique online invoice discounting system.
Peter Merry of Close Invoice Finance was quick to praise the efforts of Vision Critical, who’s OSMO® software powers the effortless transfer of customer financial data into the lender’s IDeal system. “We are proud to win this prestigious award for Best Small Business IT Strategy. We couldn’t have achieved this without Vision Critical’s customer financial data extractor software as our starting point. OSMO® has proved to be a critical building block that underpins the entire IDeal system. The quality and accuracy of the data extraction and transfer process, the reliability of the software in use and the coverage of accounting software packages have simply shone through for us. The flexibility that Vision Critical has shown in the creation of bespoke OSMO®s to meet accounts package variations and customer needs has been vital to our success in the adoption of the system. Our work is not over and we will continue to enhance IDeal for the benefit of our clients. Vision Critical has a very supportive team whose contribution to the project has been immeasurable not just during the early stages of development but also on an ongoing basis.”
Computing comments: “The paperless office has been a pipe dream for years, but Close Invoice Finance’s strategy to cut the paper chase from the invoicing process has brought it one step closer. The company’s invoice discounting facility eliminated 1.6 million sheets of paper in its first year.”
The IDeal system has also won the Global Business Excellence (GBE) Award for Outstanding Technology Solutions. The Awards aim to recognise and reward business excellence across all sectors for working smarter than competitors to create a business edge.
Oliver Chadwick, CEO of Vision Critical says: “We are delighted to have played our part in powering the automated and effortless transfer of customer financial data with our unique OSMO® solution. What Close Invoice Finance has achieved using OSMO® as a platform is nothing short of remarkable in terms of service innovation, enhancing the customer experience as well as improving risk management. Our many congratulations go to everyone at Close Invoice Finance for being recognised for the achievement of excellence in these and other major awards. We look forward to setting new standards, new benchmarks and attaining new horizons in business technology.”
