Kofax Provides Leading Global BPO Provider with Document Capture Solution

IRVINE, Calif., November 19, 2009 – Kofax plc (LSE: KFX), the leading provider of document driven business process automation solutions, today announced it will provide a leading global business process outsourcing (BPO) provider with a document capture solution. The value of the contract to Kofax is in excess of $200,000.

The India based organization provides BPO, IT consulting and other technology services around the globe and has chosen Kofax software to capture, classify and extract data from more than 2 million multi-page tax returns and related documents annually for its client, an international government agency. This includes the classification and extraction of data from eight different types of tax returns, many of which are received in a combination of printed and handwritten text. The resulting data and images will then be exported into the organization’s SQL Server and IBM FileNet repositories. The solution will decrease operating costs, increase productivity and improve data accuracy, leading to faster processing times and better compliance with regulatory and service level agreements with its client.

“BPO providers serving document centric government agencies in complex enterprise environments want solutions that enable faster, better and more accurate service levels for their clients,” said Alan Kerr, Executive Vice President of Field Operations at Kofax. “Automating high volume, paper intensive and data sensitive document processing improves productivity and generates a fast ROI for both BPO providers and their customers.”

 
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