SIMPLIFYING BUSINESS PROCESSES
V1 Ltd is a global provider of document management software and other business automation solutions that enables both public and private sector organizations to streamline their business processes.
We pride ourselves on our innovative solutions, personal and straight-forward approach and dependable service.
V1 BACS R6.3 is an important release as it introduces full support for SHA-256 certificates & smartcards. These enhancements have been made in response to changes in the payments industry driven by BACS to improve security and removing support for SHA-1 encryption. Sponsoring Banks are currently issuing replacement smartcards which are SHA-2 compatible.
- Support of SHA1 will end on 26th June 2020
- Vocalink (the power behind BACS) want all customers using a SHA-2 enabled solution by 1st November 2019 - this means our customers need to be using V1 BACS 6.3 by 1st November 2019.
V1 is the vendor of choice for over 2,000 finance and HR teams. We provide cloud-enabled software that automates your processes, securely saving you time and money. Delivering Document Management and Invoice Automation has seen our clients save a combined £150 million per annum.