Kofax rebrands as Tungsten Automation

Art PostAdmin VIP

Kofax rebrands as Tungsten Automation

Kofax acquired Tungsten in 2022, a global B2B e-invoicing network.
streamlines invoice-to-pay processes, offering services like supplier onboarding and payment processing.
CEO Reynolds Bish sees the acquisition as a pivotal moment for expansion and innovation.
Market Analyst Ralph Gammon questions Kofax's transformation, estimating annual revenue over $700M.
new name, reflecting reliability, innovations, and commitment to intelligent automation.
Rebrand may signal a shift from the Capture market.
Targets inefficiencies in finance, healthcare, supply chain, and government.

1/18/249:20 PM

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Kofax rebrands as Tungsten Automation

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