Kofax is the leading provider of document driven business process automation solutions
For more than 20 years, Kofax plc (LSE: KFX) has provided award winning solutions that streamline the flow of information throughout an organisation 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. With thousands of integrations with ERP, ECM, workflow, line of business and other key applications, Kofax solutions provide a rapid return on investment to more than 23,000 end users in financial services, government, business process outsourcing, health care, supply chain and other markets.
Kofax Software
Kofax software offers unmatched scalability from centralised to highly distributed environments, from individual desktops to enterprise deployments and from basic scanning to powerful document classification and data extraction. Our market leading technology supports a wide variety of input devices and line of business applications, and leverages best-practice workflows and unparalleled ERP system integration, providing a strong enterprise wide platform on which to standardise document driven processes.
Kofax Desktop
Kofax Desktop is designed to make scanning as easy as printing, enabling individuals to scan documents into the software they use every day, including Microsoft Office 2007, Outlook and SharePoint.
Kofax Express
Kofax Express is a state of the art, all in one, scan to archive application that makes it easy for anyone to quickly scan, organise and store documents. It’s easy enough for beginners, but powerful enough for professionals.
Kofax Capture
Kofax Capture is the leading enterprise software solution for automatically capturing documents from both paper and electronic sources, extracting key index information, and delivering that content to archives. Kofax Capture is flexible and scalable, enabling customers to define where and how documents are captured, whether in a home office, remote branch or data centre.
Integrating Kofax Capture with HP TRIM and HP multi-function printers (MFP)
With Kofax Capture and HP TRIM, workers can utilise HP multi-function printers (MFP) and scan documents where they originate. They are then routed to where they are needed – instantly.
Kofax Capture provides for automated document classification, separation, data extraction, indexing and PDF conversion. This enables immediate improvement of compliance efforts by tracking chain of custody from the point where a document enters a workflow to the final disposition in a back-office application.
Customers and Industries
Every company and government agency has its own specific business processes and rules. That is why Kofax solutions adapt to the unique needs of each customer, streamlining and accelerating document driven business processes from new account openings for a bank, to claims processing for an insurance company, to medical records processing for a health care provider, to invoice processing for almost any organisation.
Financial Services
One of the largest financial services institutions in the U.S. selected Kofax to provide solutions in three divisions: The wholesale banking division captures data from about 60 million insurance forms, customer account documents, credit applications, tax forms and invoices received annually from its network of banking locations; the business banking division captures and extracts data from about 11 million financial documents annually; and the corporate properties group automates its accounts payable process by capturing and extracting data from the thousands of invoices it receives annually.
Government
The U.S. Bureau of the Census, the nation’s leading source of statistical information about its people and economy, selected a Kofax solution to digitally capture, match, categorise and process more than 17 million pages of employment applications and background materials per year. The Kofax solution electronically captures and transforms documents that must be legally assessed and verified quickly, securely and accurately, enabling the organisation to reduce time consuming manual tasks, automate paper intensive activities and process vital data more cost effectively.
Health Care
The leading regulator of health and social care services in England selected a Kofax solution to automatically receive exchange and output information from more than 3 million medical records annually. The Kofax solution enables the agency to receive documents from social workers, field representatives and agency staff via fax for processing and thereby consolidate and streamline its communications into a centralised, automated system. This reduces labour intensive, mistake prone manual processing tasks and allows faster processing times, significant cost savings and better compliance with stringent health information privacy and security mandates.
Invoice Processing
One of the world’s largest providers of cable, entertainment and communications products, serving millions of cable, high speed Internet and digital telephone customers selected Kofax to provide an enterprise level automated invoice and expense report processing solution. The Kofax solution captures and extracts data from more than 8 million invoices and expense reports annually. As a result, the organisation can automate manual, paper based business processes, reduce costs and improve their operational efficiency. It further ensures that extracted information from paper documents is accurate and valid before it is used, resulting in fewer exceptions, improved data quality and faster processing.