Arcadis opts for Kofax for accounts payable to Process to process 300,000 document invoices a year
By ECM Plus staff
ECM Plus +++ Dutch design and management firm has selected Kofax for its accounts payable automation system to implement Kofax Capture, Kofax Transformation Modules and Kofax VRS Elite to automate the processing of approximately 300,000 invoices it receives annually.
The company said it will be using the software to capture, classify and extract business critical content and route the resulting digital information to its SAP ERP application for further processing and easy access while increasing efficiency and reducing costs.
“Organizations such as ARCADIS, which have a multitude of invoices coming in from diverse suppliers, are able to benefit, quickly and measurably, from investing in an accounts payable automation solution that provides a single, unified platform for the automated capture, classification and extraction of information from invoices” said Alan Kerr, Executive Vice President of Field Operations at Kofax.
Kofax Capture provides industry leading scan-to-archive capabilities by scanning documents and forms to create digital images, extracting index data for retrieval purposes and delivering the images and associated data to a variety of repositories and applications. This can significantly reduce retrieval costs while improving regulatory and compliance efforts. Kofax Capture is flexible and scalable, enabling customers to define where and how images are captured and indexed, whether in a home office, remote branch or back office data center.
Kofax Transformation Modules (KTM) adds document classification, page separation, data extraction and validation capabilities to Kofax Capture to drive robust capture-to-process applications. By automating what were previously labor intensive, error prone and time consuming tasks, Kofax Transformation Modules can significantly reduce labor costs, improve information quality and accelerate business processes.
Kofax VirtualReScan (VRS) Elite is Kofaxâ€™s patented image enhancement and perfection software. Kofax VRS Elite reduces the time involved in manual document preparation and enhances the quality of scanned images, dramatically improving both manual scanning productivity and the efficiency of document capture processes. High quality images are critical as they can significantly impact the success of downstream data extraction and re