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Kofax - 2/3/2010
Kofax Announces MarkView Financial Suite 6.5
New Release Delivers a Capture Enabled Financial Process Automation Solution on a Single Platform
Kofax plc, the leading provider of document driven business process automation solutions, today announced
a new release of the MarkView Financial Suite, a comprehensive set of capture enabled financial process
automation solutions on a single platform that automate accounts payable and other processes.
Release 6.5 is the first release following the acquisition of 170 Systems by Kofax during September 2009 and
fully integrates Kofax’s industry leading capture software to create a complete end-to-end financial process
automation solution. This enables the automated receipt and capture of paper and electronic documents,
extraction and perfection of the data and workflows for routing transactions through exception handling and
approvals on one unified platform.
“Release 6.5 is designed to help customers realize lower costs by providing a single, consistent end-to-end
process for handling all paper and electronic invoices,” said Jim Nicol, Executive Vice President of Products
at Kofax. “This new release reflects our commitment to best leverage assets from the 170 Systems acquisition
to deliver a financial process automation platform that is simple to deploy and use while reducing a customer’s
total cost of ownership.”
“As a champion of the E-Payables AXIS Report, Kofax solutions should be strongly considered by all A/P
departments contemplating an A/P transformation/automation project,” said Andrew Bartolini, Vice President
of Global Supply Management Research at Aberdeen.
Full Kofax Capture Integration
MarkView 6.5 features full integration of Kofax capture software that streamlines the transformation of business
documents into structured electronic information. This includes the business rules, knowledgebases and
learn-by-example technologies for invoice recognition, classification and extraction that results in improved
data quality, reduced processing costs and fewer exceptions. For example, invoices without a corresponding
purchase order can be automatically routed for approval without the need for manual, time consuming
processes.
Integration of Kofax e-Transactions
With the integration of Kofax e-Transactions, users can also take advantage of a single platform for the
processing of both paper and electronic invoices. This means that all relevant invoice data can be captured
during the invoice print process, extracted, encrypted and then delivered to MarkView approval workflows for
automated validation and approval.
Simultaneous Support for Oracle and SAP and Expanded SAP Integration
Release 6.5 supports both Oracle and SAP simultaneously, thereby delivering improved service to customers
with either ERP system via a single financial process automation platform. The release has also passed
certification for SAP ArchiveLink integrated with SAP NetWeaver 7.00, which further strengthens Kofax’s
commitment to provide robust integration between Kofax MarkView and SAP products.
Support for Windows 7 and Internet Explorer 8
The new release also adds support for Windows 7 and Internet Explorer 8. This allows users to run MarkView
using the latest Microsoft operating system and browser platforms, further enhancing access and ease of use.
New Language Support
MarkView 6.5 expands its global market access by adding support for new languages. Along with French and
German, the release now supports Italian, Spanish and Portuguese for both Oracle and SAP environments.
MarkView 6.5 is now available.
www.kofax.com
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