Kofax Provides Solution to One of Australia's Largest Insurance Providers7 Apr, 2010
Kofax Provides Solution to One of Australia's Largest Insurance Providers
Irvine, CA (April 2010) – Kofax, the leading provider of document driven business process automation solutions, today announced it will provide a document capture solution to one of Australia’s largest insurance providers and leading workers compensation insurer. The value of the contract to Kofax is approximately $800,000. The organization will use Kofax software to scan, separate, classify and extract data from more than 12 million pages of workers compensation and related medical claims it receives annually. The resulting data and images will be exported into a Lombardi workflow for adjudication and an Alfresco Repository for archival.
“Workers compensation and benefits claims processing are complex functions that demand sophisticated capture solutions to seamlessly and cohesively drive business process automation,” said Alan Kerr, Executive Vice President of Field Operations at Kofax. “This sale demonstrates our ability to provide solutions that improve productivity and generate rapid payback for customers.”
Kofax plc (LSE: KFX) is the leading provider of document driven business process automation solutions. For more than 20 years, Kofax has provided award winning solutions that streamline the flow of information throughout an organization 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. These solutions provide a rapid return on investment to thousands of customers in financial services, government, business process outsourcing, healthcare, supply chain and other markets. Kofax delivers these solutions through its own sales and service organizations, and a global network of more than 1000 authorized partners in more than 60 countries throughout the Americas, EMEA and Asia Pacific. For more information, visit www.kofax.com. “Kofax” is a registered trademark in the US, the EU and other countries. All other trademarks and registered trademarks belong to their respective owners.