Kofax Provides Leading BPO Firm with a Document Capture Solution
Kofax plc, the leading provider of document driven business process automation solutions, announced that it has provided a leading business process outsourcing (BPO) firm with a document capture solution that will be used to provide a large U.S. federal government agency with document capture services. The value of the contract to Kofax is approximately $550,000.
The BPO firm will deploy Kofax software at a centralized processing site to scan, separate, classify and index more than 25 million benefit claim forms and related documents it receives annually from the agency. The resulting data and images will then be delivered and uploaded to the agency’s content management repository for further processing and retrieval.
“By automating the process of document classification and data extraction benefit claims processing applications can be configured and optimized quickly and cost effectively,” said Alan Kerr, Executive Vice President of Field Operations at Kofax. “This sale demonstrates the increased investment public sector agencies are making to take costs out of paper intensive business processes, deliver better data quality and improve customer service levels.”
Kofax plc (LSE: KFX) 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.
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