Illinois Department of Revenue Selects Captiva; Agency to Implement the Digital Mailroom, InputAccel and FormWare to Create a Co
Captiva Software Corporation (NASDAQ:CPTV), a leading provider of input management solutions, today announced that the Illinois Department of Revenue (ILDOR) has selected Captiva's Digital Mailroom(TM), InputAccel(R) and FormWare(R) software products as a comprehensive solution for processing tax forms and payment documents. The value of the initial contract to Captiva is in excess of $100,000.
ILDOR will initially implement the solution to automate the capture, classification and routing of nearly two million pages of tax forms, remittance advices, checks and other paper documents and faxes the department receives annually. The department plans to expand the solution to capture and process additional incoming mail and paper documents, eventually surpassing 10 million pages annually.
The solution will replace ILDOR's existing manual data entry system. By utilizing optical character recognition (OCR) and classification technologies to convert data from paper into electronic content, ILDOR will enable the sharing of information between departments and increase the efficiency of its processes while concurrently achieving considerable cost savings. The Captiva solution will export the captured and classified data and images to an enterprise content management (ECM) system provided by IBM.
"ILDOR selected Captiva for its robust and scalable solution that will easily be expanded to capture higher volumes of tax forms, incoming mail and other documents in the future," said Howard Dratler, Executive Vice President of Field Operations for Captiva. "Our success with state and local government agencies is due to our in-depth understanding of these customers' needs, the abilities of our solutions to quickly and accurately process complex tax returns and the proven return on investment we've delivered to our many government customers."
The Digital Mailroom is automated classification and routing software for digitized images of inbound mail and electronic communications. InputAccel is Captiva's award-winning document capture software and FormWare(R) is Captiva's flagship forms processing software. By delivering accurate, timely and usable data to enterprise applications, Captiva's input management solutions offer users reduced operational costs, improved information quality and accelerated business processes.
About the Illinois Department of Revenue
The Illinois Department of Revenue (ILDOR) serves as the tax collection agency for state and local governments. The department also administers the state's lottery, regulates the state's wagering activities and regulates the manufacture, distribution and sale of alcoholic beverages. The department oversees local property tax assessments, collects delinquent child support on behalf of the Illinois Department of Healthcare and Family Services, and functions as the funding agent for the Illinois Housing Development Authority. For more information, visit www.revenue.state.il.us/.
About Captiva Software Corporation
Captiva Software Corporation (NASDAQ:CPTV) is a leading provider of input management solutions. Since 1989, the company's award-winning products have been used to manage business critical information from paper, faxed and scanned forms and documents, Internet forms and XML data streams into the enterprise in a more accurate, timely and cost-effective manner. These products automate the processing of billions of forms and documents annually, converting their contents into information that is usable in database, document, content and other information management systems. Captiva's technology serves thousands of users in insurance, financial services, government, business process outsourcing, manufacturing and other markets. For more information, visit www.captivasoftware.com.