Name: Validis
Rating: 10 (3 reviews)
Author: Validis Holdings Ltd.

Help Desk

Kiosk

Web and Video Conferencing

Customer Support

Flowchart

Text Editors

Version Control

Development

Student Management

Education

Business Intelligence (BI)

Collaboration

Digital Rights Management (DRM)

IP PBX

Meeting Management

Online Notary

Enterprise

Accounting

Blockchain Payments

Cryptocurrency Wallets

Travel Management

Finance and Accounting

ACA Compliance

Applicant Tracking

Corporate Learning Management

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

AI Governance

Change Management

Cloud Storage

Converged Network Adapters (CNAs)

Data Deduplication

Data Science

Email Verification

Firewall Security Management

Fraud Detection

Identity Verification

Integration Platform as a Service (iPaaS)

Mainframe Monitoring

Migration

Network Performance Monitoring

Network Traffic Analysis (NTA)

Output Management

Robotic Process Automation (RPA)

SaaS Management

System Monitoring

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Channel Management

Content Management

Data Cleansing

Digital Experience Intelligence

Email Marketing

Headless CMS

Marketing Automation

Screen and Video Capture

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

Job Site Management

Project Management

Waste Management

Writing and Proofreading Tools

Professional Services

Customer Relationship Management (CRM)

Field Sales Software

Headless eCommerce

Sales

Operational Technology (OT) Security

Security

Aviation

Camp Management

Computer-Aided Manufacturing (CAM)

Construction Workforce Management

Last Mile Delivery

Nonprofit CRM

eDiscovery

Vertical-Specific

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Validis has proven to be a valuable solution for financial services organizations, addressing key business problems and providing tangible benefits to its users. By automating the collection of financial data from multiple sources, such as accounting software and banking systems, users have been able to save time and reduce errors in this data-intensive process. The software's ability to transform collected data into a standard format has also been highly appreciated, simplifying analysis and audit procedures and reducing the time and effort required for manual data normalization. This has resulted in improved efficiency, reduced errors, and better decision-making for financial professionals.

One of the standout features of Validis is its data analytics and benchmarking capabilities. Users have gained valuable insights through these features, enabling them to make more informed decisions and provide better service to their clients. By leveraging the power of data analysis, users have been able to identify trends, patterns, and opportunities that were previously hidden within their financial data. This has not only improved their ability to make strategic decisions but has also allowed them to offer more tailored advice and recommendations to their clients.

Another significant benefit of Validis is its ability to consolidate data from multiple clients effectively. Financial services organizations often face the challenge of dealing with large volumes of data from various sources. Validis provides a single source of truth by centralizing this data and making it easily accessible for analysis and reporting purposes. This scalability across different business units has empowered users to streamline their processes, eliminate duplication of work, and achieve greater efficiency in managing client information.

Improved communication is another key area where Validis has made a difference. The software eliminates the need for lengthy email exchanges by extracting the necessary information from financial documents automatically. This has not only improved efficiency but has also enhanced overall communication within organizations. With a more streamlined approach to exchanging information, teams can focus on more critical tasks, such as data analysis and reporting.

For auditors, Validis has revolutionized the way audits are conducted. Users have experienced a significant improvement in data analysis and audit processes, allowing auditors to devote more time to the engagement itself rather than organizing financial information. This streamlined approach has been described as game-changing, allowing auditors to achieve higher productivity levels and deliver more accurate and comprehensive audit results.

In summary, Validis has emerged as a powerful solution that has successfully addressed critical business problems for financial services organizations. By automating data collection, standardizing data formats, providing data analytics and benchmarking capabilities, consolidating client data, improving communication, and streamlining audit processes,

Time-saving automation: Several reviewers have found that Validis software significantly reduces the time and effort required for auditors and lenders by automating the collection and analysis of financial data from multiple sources. This feature eliminates the need for manual data collection, allowing users to focus on more important tasks.

Versatile data extraction: Many users appreciate the versatility of Validis software in extracting data from various sources such as accounting software and banking systems. This functionality allows financial services organizations to consolidate and standardize their data, making it easier to analyze and audit.

Valuable insights through data analytics: Users have praised Validis for its robust data analytics and benchmarking features, which provide valuable insights for making better decisions. By analyzing financial data, organizations can gain a deeper understanding of their performance, compare it to industry benchmarks, identify areas for improvement, and make informed decisions.

Complex Interface: Some users have found the software interface to be complex or difficult to navigate, hindering their ability to efficiently use the software. This has led to frustration and a steep learning curve for some users.

Limited Compatibility: The software may not be compatible with every accounting system, limiting its usability to only specific ones. This has caused inconvenience for users who use different systems and forces them to find alternative solutions.

High Pricing: The pricing of the software is considered high by some users, especially considering it is a new product. This suggests that it may not be cost-effective for all users, potentially making it inaccessible for those with budget constraints.

Validis in the UK offers a platform for fast and compliant data collection to aid lenders to small businesses in making loan decisions.

Validis

Banking Software features customer account management and customer account portals for customer self-service, and also for customer support interaction, whether the customer is a person or company. It includes mobile applications with features for customer self-service and support for a variety of financial services.

Banking

Validis Cloud-Based Lending Software Demo

Likelihood to Recommend

Validis Holdings Ltd.

Gérant

Validis 2022-05-26 11:06:17

Microsoft 365

XCMworkflow, from Wolters Kluwer

MindBridge Platform

CaseWare IDEA

Director and Member of the Management Committee

Validis 2021-03-18 09:47:49

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

TrustRadius

Nothing to dislike

Client support

Real time data

Data sets

Manual tasks

Real time

Time data

Home

Banking Software

We use Validis in our organization to share our financial data with our investors and stakeholders. It automatically treats and assembles our data and sends it to a report shared with our partners.

Assemble automatically data to our reports.
Real time data.
Complete and accurate calculation.

To have access all the features, the cost may be high for a small company.
Client support not in French.

Automation.
Real time data.
Complete, clear and actionable data.

Smarter and faster decisions.
Drive operational efficiency.
Delivering Hight quality and effective audit reports.
Auto-calculation of financial ratios.

Validis is a great best breed tool that we use in the audit space. It does an amazing job of normalizing and organizing data from accounting systems to which it has a connector. It builds out an amazing foundational set of audit workpapers in many audit areas with little to no human intervention.

Normalizes data sets.
Building foundational set of audit workpapers.
Saves auditors time in manual tasks associated with obtaining data.

Add additional connectors.
Continue to expand in other areas of the audit.
Continue to expand in other areas like compilation and review.

Best of breed.
Easily handles large data sets.
Easy to use.

Saves time on every audit engagement.
Lets our accountants focus on other areas vs. areas requiring manual tasks.
Very well embraced by our clients.

Microsoft 365 (formerly Office 365), XCMworkflow, from Wolters Kluwer, CaseWare IDEA

Validis

Overview

What is Validis?