Leading Business Process Outsourcer Extends Its Use of Kofax Software
Nov 08, 2011 IRVINE, Calif.-- Kofax plc (LSE: KFX), a leading provider of capture driven business process automation solutions, today announced that a leading business process outsourcing (BPO) firm in the United States will extend its use of Kofax software. The value of the contract to Kofax exceeds $1.4 million.
The customer, who provides health information management (HIM) services to hospitals, healthcare systems and clinics, will implement Kofax Capture, Kofax Transformation Modules, Kofax VRS Elite and Kofax Monitor to automate the processing of approximately 120 million patient forms, health records and other healthcare documents annually. The Kofax software will enable the company to scan, classify, separate and extract content from the documents to accelerate processing and then route the resulting digital information to its proprietary workflow and repository, thereby increasing efficiency and reducing costs.
“BPO providers that support healthcare organizations must deliver services of the highest speed, efficiency and accuracy,” said Alan Kerr, Executive Vice President of Field Operations at Kofax. “By leveraging Kofax capture driven business process automation solutions, they can scale their services to process higher volumes of information while also reducing costs, mitigating risk and increasing profitability.”
Kofax Capture provides industry leading scan-to-archive capabilities by scanning documents and forms to create digital images, extracting index data for retrieval purposes and delivering the images and associated data to a variety of repositories and applications. This can significantly reduce retrieval costs while improving regulatory and compliance efforts. Kofax Capture is flexible and scalable, enabling customers to define where and how images are captured and indexed, whether in a home office, remote branch or back office data center.
Kofax Transformation Modules (KTM) adds document and form classification, page separation, challenging data extraction and validation capabilities to Kofax Capture to drive robust capture-to-process applications. By automating what were previously labor intensive, error prone and time consuming tasks, Kofax Transformation Modules can significantly reduce labor costs, improve information quality and accelerate business processes.
Kofax VirtualReScan (VRS) Elite is Kofax’s patented image enhancement and perfection software. Kofax VRS Elite reduces the time involved in manual document preparation and enhances the quality of scanned images, dramatically improving both manual scanning productivity and the efficiency of document capture processes. High quality images are critical as they can significantly impact the success of downstream data extraction and retrieval needs.
Kofax Monitor provides real time monitoring and performance capabilities to ensure the operational health of Kofax Capture, and intelligent recognition and communication systems. It monitors the system’s components, including scanners supporting Kofax VRS, and its business service viability, providing real time access to operational information so immediate corrective action is taken.
About Kofax
Kofax plc (LSE: KFX) is a leading provider of capture driven business process automation solutions. For 25 years, Kofax has provided award winning solutions that streamline the flow of information throughout an organization by managing the capture 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 banking, insurance, government, business process outsourcing and other markets. Kofax delivers these solutions through its own sales and service organization, and a global network of more than 800 authorized partners in more than 70 countries throughout the Americas, EMEA and Asia Pacific. For more information, visit http://www.kofax.com.
“Kofax” is a registered trademark in the US, the EU and other regions. All other trademarks and registered trademarks are the property of their respective owners.
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