V1 Document Review - why 3.6 stars?

Shlomi Lavi / updated: Jun 14, 2022

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What is V1 Document?

V1 Document Management is a cloud-based document manager that can be used by individuals as well as financial experts and financial businesses. V1 Document Management is suitable for large enterprises, medium-sized businesses, as well as small-scale businesses. V1 Document Management allows the users to save their documents and reduce the storage space that is used by files and document.

V1 Document Management has features such as document archiving, document sharing, and document assembly. V1 is a United Kingdom-based organization that has been developing, maintaining, and distributing V1 Document Management to customers across the globe.

Who is it best for?

V1 Document Management is a viable solution for small and medium businesses as well as large enterprises. Major industries where it can be used include technology and software development, financial services, government, education, automation and manufacturing, media and publishing, and others. Some notable clients of the software include Johnston Publishing, The British Library, and H+H UK Ltd etc.

Main features and functionalities

Core document management services offered by V1 Document Management include document creation, storage, capturing, authorizing, and delivery. It eliminates the paper-based operations with its paperless office technology and replaces conventional methods with electronic processing. Integration is offered with major accounting, ERP, and imaging solutions. For financial document management, the software offers document archiving, automated data capture, output management, and document authorization.

V1 Document Management also deals with the payroll and HR document services and also covers the recruiting process. Management is offered for contracts, resumes, and offer letters. Other important services include document reviewing, leaver document management, and disciplinary and griever document management.

What is the actual cost?

ITQlick pricing score is 4 out of 10 (10 is most expensive). Access ITQlick pricing guide for V1 Document. You can also find here pricing information from V1 Document's website.

Pros

• V1 Document Management automates business processes with a powerful Robotic Process Automation technology
• The platform is deployed in the cloud, saving users the cost of maintaining local servers and hardware
• V1 Document Management is a highly scalable document management solution that can handle high volumes of files
• The software has a better Backup and Disaster Recovery.
• The platform enhances security.

Cons

• V1 Document Management does not offer contextual document sorting through artificial intelligence like some of its leading competitors
• The reporting features on the platform are somewhat limited and need more functions

How it stacks up?

Access a head to head analysis of V1 Document vs alternative software solutions.

Frequently Asked Questions (FAQs)

Is V1 Document right for you or your business?

V1 Document Management is a cloud-based document management solution powered by Robotic Process Automation. The platform serves midsize and enterprise organizations across several industries, such as agriculture, education, finance, shipping & logistics, real estate, etc. Some notable clients that use V1 Document Management include Enterprise Properties, Amethyst Group, and Woldmarsh.