Articles
Kofax Provides U.S. Based Global Financial Services Firm With A Document Capture Solution
February 3, 2010
Kofax plc, the leading provider of document driven business process automation solutions, recently announced it will provide a document capture solution to a major global financial services firm headquartered in the U.S. that provides a wide range of investment banking, securities, investment and wealth management services. The value of the contract to Kofax is approximately $600,000.
The organization will implement Kofax software to automate the capture and indexing of data contained in millions of new customer account opening forms it receives annually. The indexed data and images will then be exported into a content management application for further processing that supports account opening, other key business processes and archival.
"Financial services firms are focusing their IT investments on realizing rapid payback through the automation of document driven business processes that reduce costs, increase data quality and accelerate business processes," said Alan Kerr, Executive Vice President of Field Operations at Kofax. "This win demonstrates the strategic value of our software in enabling financial services firms to increase customer satisfaction and service levels."
About Kofax
Kofax plc is the leading provider of document driven business process automation solutions. For more than 20 years, Kofax has provided award winning solutions that streamline the flow of information throughout an organization by managing the capture, transformation and exchange of business critical information arising in paper, fax and electronic formats in a more accurate, timely and cost effective manner. These solutions provide a rapid return on investment to thousands of customers in financial services, government, business process outsourcing, healthcare, supply chain and other markets. Kofax delivers these solutions through its own sales and service organizations, and a global network of more than 1000 authorized partners in more than 60 countries throughout the Americas, EMEA and Asia Pacific. For more information, visit www.kofax.com.
SOURCE: Kofax
