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Oakwood Worldwide Implements Kofax Intelligent Capture & Exchange To Automate Invoice Processing

February 4, 2009

Oakwood Worldwide Implements Kofax Intelligent Capture & Exchange To Automate Invoice Processing

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Case Study: Oakwood Worldwide Implements Kofax Intelligent Capture & Exchange To Automate Invoice Processing

By Kofax

At any time, in virtually any location, Oakwood can lease more than 20,000 temporary housing residences and furnished apartments worldwide. For each unit, Oakwood must manage and process multiple utility bills, including gas, water, electricity, Internet, cable and phone.

In addition to the sheer volume of invoices that Oakwood receives in its Arizona- based processing facility each month, another key challenge lies within the design of utility bills in that they are normally double-sided, several pages in length and some even contain advertisements. Further, each bill contains many different lines of data that refer to various charges over a date range. Oakwood processes between 60,000 to 80,000 lines of data each month.

Oakwood turned to local Kofax Certified Solutions Provider Western Office Systems to develop a solution to manage the high volume of utility bills that it receives each month. Western Office Systems (www.wos.com) designed a custom solution that leveraged Kofax Intelligent Capture & Exchange, which serves as the foundation for Kofax's strategy to help organizations streamline business processes by capturing documents in the front office, where they originate, and moving such information in real time to transactional business processes.

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Case Study: Oakwood Worldwide Implements Kofax Intelligent Capture & Exchange To Automate Invoice Processing

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