From the Wires
Four Global Enterprises Select Kofax for Accounts Payable Solution
By: Business Wire
Nov. 5, 2012 04:01 AM
Kofax® plc (LSE:KFX), a leading provider of Capture Enabled BPM™ (business process management) solutions, today announced that four global enterprises have invested more than $1.6 million to streamline their operations and gain competitive advantage by using Kofax accounts payable (AP) and invoice processing automation solutions.
The four customers are:
“There’s strong growth in the demand for automated invoice processing,” stated Aberdeen Group analysts Christopher J. Dwyer and Ankita Tyagi. “Accounts payable can drive enterprise value by increasing operational efficiency. Research shows that best-in-class performers are 46 percent more likely to have centralized invoice management processes.”
“CFOs recognize that by automating AP and invoice processing, they can reduce costs, take advantage of prompt pay discounts and better manage their cash,” said Howard Dratler, executive vice president of field operations at Kofax. “Our automated solutions can scale to meet the demands of the largest global enterprises and are also flexible enough to meet the needs of mid-size companies and government agencies.”
Kofax® plc (LSE: KFX) is a leading provider of Capture Enabled BPMTM solutions. These award winning solutions capture and streamline the flow of business critical information throughout an organization in a more accurate, timely and cost effective manner, enabling our customers to be more responsive to their constituents and better grow their businesses. Kofax 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 solutions 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.
© 2012 Kofax, plc. “Kofax” and “Kofax MarkView®,” and “Kofax Virtual ReScan” are registered trademarks and “Capture Enabled BPM,” “Kofax Capture,” “Kofax Transformation Modules” are trademarks of Kofax, plc.
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