|By Business Wire||
|August 13, 2013 03:00 AM EDT||
Kofax® plc (LSE: KFX), a leading provider of smart process applications for the business critical First Mile™ of customer interactions, today announced that it recently closed four Kofax MarkView sales totaling $2.4 million. Collectively, the customers will process more than one billion invoices annually.
The four organizations chose Kofax MarkView for Accounts Payable for its ability to automate the capture and processing of invoices for improved efficiency and cost savings. The solution was also chosen for its ability to integrate with Oracle e-Business financial systems. In addition, MarkView consistently outperformed incumbent and competing solutions in operational accuracy metrics.
“Companies across the globe use Kofax technology to improve operational efficiency and better manage overhead expenses,” said Howard Dratler, Executive Vice President of Field Operations at Kofax. “Kofax is the accounts payable automation solution provider of choice for thousands of diverse companies, and as these recent customer wins demonstrate, the demand for this market-leading solution continues to grow.”
Kofax MarkView® for Accounts Payable is a comprehensive, capture enabled financial process automation application for AP and other functions. It automates the receipt and capture of paper and electronic invoices, extracts relevant data from that content, perfects it and then manages the information into workflows for routing transactions through exception handling and approval processes. Kofax MarkView leverages Kofax Mobile Capture, which allows mobile devices to become viable tools for information capture and automation solutions. The following organizations are the latest to benefit from Kofax MarkView:
- A Canadian government agency,
- A Fortune 200 manufacturer,
- A manufacturer of high-end athletic apparel and
- A US IT services and communications provider.
Kofax® plc (LSE: KFX) is a leading provider of smart process applications for the business critical First Mile™ of customer interactions. These begin with an organization’s systems of engagement, which generate real time, information intensive communications from customers, and provide an essential connection to their systems of record, which are typically large scale, rigid enterprise applications and repositories not easily adapted to more contemporary technology. Success in the First Mile™ can dramatically improve an organization’s customer experience and greatly reduce operating costs, thus driving increased competitiveness, growth and profitability. Kofax software and solutions provide a rapid return on investment to more than 20,000 customers in banking, insurance, government, healthcare, business process outsourcing and other markets. Kofax delivers these through its own sales and service organization, and a global network of more than 800 authorized partners in more than 75 countries throughout the Americas, EMEA and Asia Pacific. For more information, visit kofax.com.
© 2013 Kofax, plc. “Kofax” and “MarkView” are registered trademarks and “First Mile” is a trademark of Kofax, plc.