Leading Global Engineering Firm Invests More than $1.2 Million in Kofax TotalAgility and Kofax MarkView
May 20 2015 - 8:00AM
Business Wire
Software Will Automate HR Functions and Invoice
Processing to Increase Productivity and Efficiency While Reducing
Costs
Kofax® Limited (NASDAQ: KFX), a leading provider of software to
simplify and transform the First Mile™ of customer engagement,
today announced that a global engineering, architecture and
environmental firm has invested more than $1.2 million in Kofax
TotalAgility® and Kofax MarkView® to streamline operations,
automate manual processes, improve employee efficiency and reduce
costs.
This rapidly growing company has thousands of employees and
expects to double that number by leveraging Kofax TotalAgility to
automate its human resources onboarding and change request
processes. It will also use Kofax MarkView, which integrates with
its Oracle ERP system, to modernize its accounts payable operations
and automate the processing of more than 140,000 invoices per year.
The company's goal in implementing the solutions is to dramatically
reduce manual labor costs while increasing productivity and
efficiency.
"Hiring and onboarding thousands of employees can be greatly
simplified and accelerated through automation," commented Howard
Dratler, Executive Vice President of Field Operations at Kofax.
"With Kofax TotalAgility, this company can speed employee
onboarding, maximize its growth opportunity and gain a competitive
advantage."
Kofax TotalAgility is the world's first smart process
application development and deployment platform. TotalAgility
provides an essential link between an organization's systems of
engagement and systems of record to help increase responsiveness to
customers, improve service levels and gain competitive advantage in
order to better manage and grow businesses while greatly reducing
operating costs.
Kofax MarkView for AP is a comprehensive, capture-enabled
financial process automation application for accounts payable and
other functions. It automates the receipt and capture of paper and
electronic invoices, performs data extraction and perfection, and
manages workflows for routing transactions through exception
handling and approval processes, significantly reducing cycle times
and costs while optimizing process control and cash flow
management.
This sale closed in the fourth quarter of Kofax’s fiscal year
2015 and totaled more than $1.2 million in software license,
professional services and maintenance revenues.
About Kofax
Kofax is a leading provider of smart process applications to
simplify and transform the First Mile™ of customer engagement.
Success in the First Mile can dramatically improve the customer
experience, greatly reduce operating costs and increase
competitiveness, growth and profitability. Kofax software and
solutions provide a rapid return on investment to more than 20,000
customers in financial services, insurance, government, healthcare,
supply chain, business process outsourcing and other markets. Kofax
delivers these through its direct 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.
© 2015 Kofax Limited. Kofax, TotalAgility and MarkView are
registered trademarks and First Mile is a trademark of Kofax
Limited.
Source: Kofax
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version on businesswire.com: http://www.businesswire.com/news/home/20150520005318/en/
Media Contact:Kofax® LimitedLaura BrandlinDirector,
Communications+1 (949)
783-1545laura.brandlin@kofax.comorInvestor Contacts:MKR
Group Inc.Todd Kehrli+1 (323) 468-2300kfx@mkr-group.com
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