Kofax Provides Leading International Financial Services Organization with a Document Capture Solution

IRVINE, Calif. -- (BUSINESS WIRE) -- Kofax plc (LSE: KFX), the leading provider of document driven business process automation solutions, today announced it will provide a document capture solution to a leading international financial services organization offering a diverse range of insurance and investment products and services to individuals and corporate customers. The value of the contract to Kofax is approximately $1 million.

The organization will use Kofax software to capture and extract data from large volumes of medical and dental claim forms received by mail, fax and electronic means. The resulting data and images will be exported into a workflow application for adjudication and a content management repository for archival.

“Medical and dental claims processing are demanding applications that require multiple, sophisticated capture technologies in a cohesive solution,” said Alan Kerr, Executive Vice President of Field Operations at Kofax. “This sale demonstrates our ability to provide that solution while ensuring a customer’s rapid ROI.”

About Kofax

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.