Leading Global Engineering Firm Invests More than $1.2 Million in Kofax TotalAgility and Kofax MarkView
Kofax(R) Limited (NASDAQ:KFX) , a leading provider of software to simplify and transform the First MileTM of customer engagement, today announced that a global engineering, architecture and environmental firm has invested more than $1.2 million in Kofax TotalAgility(R) and Kofax MarkView(R) 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.
Kofax is a leading provider of smart process applications to simplify and transform the First MileTM 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.
(c) 2015 Kofax Limited. Kofax, TotalAgility and MarkView are registered trademarks and First Mile is a trademark of Kofax Limited.
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