Released on: January 23, 2008, 8:00 am

Press Release Author: Version One

Industry: Telecommunications

Press Release Summary: Leading mobile phone provider, Open Mobile, improves finance
processes with Version One\'s document management technology.

Press Release Body: A leading mobile phone provider in Puerto Rico, Open Mobile, is
implementing electronic document management and imaging software from UK-based
Version One (www.versionone.co.uk). Version One's electronic form design software,
DbForm, and document storage system, DbArchive, which is tightly integrated into
Open Mobile's COA Solutions finance system, will dramatically improve accounts
payable and purchase order efficiency.



Luis Rodríguez, Accounting Manager from Open Mobile says, "With Version One's
systems, we'll be able to electronically create, store and retrieve purchase
invoices and purchase orders directly from our COA Solutions system. Being able to
instantly view document images from COA will considerably improve accounts payable
and purchase order efficiency while cutting costs."



Open Mobile has used document imaging before, however its previous system was
standalone and so the document images had to be viewed separately to the finance
system, which was incredibly time-consuming. Using the integrated Version One
software, 500 purchase invoices every month will be electronically stored into the
COA system and 200 purchase orders per month will be electronically created using
DbForm, sent to suppliers by email or fax and then stored away in the archive.



Brian Moran, COA Solutions' General Manager, North America says, "As a rapidly
growing organization, the Version One software is a key investment for Open Mobile.
As more and more documents are both created and received, the Version One systems
will ensure that the business is not over-run with paperwork, and finance resources
have immediate electronic access to critical order data."



Rodríguez adds, "Once the accounts payable and purchase order departments are up and
running with Version One, we will look at expanding the use of the systems beyond
the finance department. Being scalable and robust, the Version One software can
quickly and easily be rolled-out throughout the organization, helping us move
towards a paperless environment."



-Ends-



Notes to Editor



IMAGES AVAILABLE UPON REQUEST



About Open Mobile www.openmobilepr.com



Open Mobile is a Puerto Rican wireless company established June 2007 and owns 13
stores, 8 kiosks and has a strong distribution chain of dealers and 140 points of
sales. Open Mobile operates for the benefit of the Puerto Rican consumer, thereby
opening a new era in the telecommunications market in Puerto Rico.



With Open Mobile, the consumer finds a variety of mobile phones and at the same time
enjoys a purchasing process both fast and simple. Open Mobile offers attractive
unlimited "Open Plans" at a low cost, without contracts, without credit verification
or activation charges and with no penalties.



About Version One www.versionone.co.uk

Version One Ltd is the author of electronic document management and imaging
software. These solutions enable the automated electronic storage, retrieval,
management, enhancement and document delivery of business documents such as
invoices, purchase orders and statements. This \'paperless office\' technology is
seamlessly integrated into all major ERP and accounting systems and with a typical
ROI of less than six months, Version One\'s solutions are enabling thousands of
organisations to save dramatic amounts of time and money.



About COA Solutions (formerly CedarOpenAccounts) www.coasolutions.com

COA Solutions Ltd. is the UK\'s fastest-growing Financial Management, Procurement,
Human Resource & Payroll software supplier with offices worldwide including COA
North America based outside of Boston MA. COA's suite of business applications for
public and private sector service organizations combines core business management
systems, integrated with a range of collaborative and business intelligence
solutions. These together, extend the value and effectiveness of the Finance, HR &
Payroll departments across all types of organizations. COA has more than 400 staff
and 1700 clients across the globe.



Contacts:



Liz Ebbrell

PR Manager

Version One and COA Solutions

Liz.ebbrell@versionone.co.uk

+44 (0)1625 856505 or +44(0)7917 634 705


Web Site: http://www.versionone.co.uk

Contact Details: Liz Ebbrell
PR Manager
Version One
pr@versionone.co.uk
+44(0)1625 856505