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Unnamed “Leading Global Engineering Firm” Commits More than $1 Million in Kofax Solutions

Unnamed “Leading Global Engineering Firm” Commits More than $1 Million in Kofax Solutions

Kofax_homepage_May2015

Newly acquired image-processing specialist Kofax has a million-dollar secret admirer.

The company this spring agreed to be purchased by printing giant Lexmark for $1 billion and today announced it had picked up more than $1.2 million from a “global engineering, architecture, and environmental firm.” The revenue is tied to licensing of two Kofax solutions: Total Agility and MarkView that the unnamed firm will use to “streamline operations, automate manual processes” and cut costs. The order also comes within days of Kofax’s acquisition officially closing on 21 May.

Onboarding employees is one of the ways Kofax anticipates the investing firm will use the technology, says Howard Dratler, EVP of field operations for Kofax. Drawler says “accelerating this process” can be key to helping companies grow faster and “gain a competitive advantage.”

Total Agility is a smart process application development and deployment platform. The technology connects systems of record (ERP and ECM) with systems of engagement to provide multichannel capture, dynamic case management, business intelligence, analytics, and more. With MarkView, institutions can better enforce corporate policies and procedures by embedding best practices workflows into key business operations such as accounts payable.

An innovator in the field of smart process applications (SPA), Kofax develops technologies that help institutions move away from expensive, error-prone manual processes toward automated, digital, business operations. The goal is to make it easier for institutions and corporations to more effectively engage customers, employees, and the public at large. With more than 1,400 employees and more than 20,000 customers, Kofax has a global network of more than 800 partners in more than 75 countries around the world.

Founded in 1985 and headquartered in Irvine, California, Kofax is a six-time Finovate alum. The company most recently demonstrated its mobile capture platform for onboarding at FinovateSpring 2015 in San Jose.