Kofax® Limited (NASDAQ: KFX)(LSE: KFX), a leading provider of
smart process applications for the business critical First Mile™ of
customer interactions, today announced the availability of the Kofax
Mobile Capture™ Platform, which dramatically transforms how businesses
can extend capture capabilities to their mobile customers. The Company
also launched two new frameworks for mobile bill pay and mobile check
deposit apps, which are built using the platform and can be easily
customized to meet an organization's unique branding and other
The new Kofax Mobile Capture Platform enables organizations to rapidly
develop and deploy any number of mobile apps on a single platform that
uses Kofax's patented and market-leading image capture and perfection,
real time data extraction and validation and analytics capabilities.
Using this platform, organizations can speed time to market with mobile
apps, achieve substantial cost savings, make better informed decisions
to drive incremental revenue and free themselves of the undesirable
vendor dependencies associated with alternative approaches.
As consumer preference for conducting business via mobile devices
continues to grow, Kofax's Mobile Capture Platform can help
organizations turn their customers' smart phones and tablets into
powerful devices that enable real time transactions. Data contained
within captured documents can be automatically extracted, validated and
submitted for downstream processing, eliminating the need for tedious
manual entry. In addition, the platform's analytics improve an
organization's customer knowledge and can be positioned to take
advantage of upselling opportunities. Businesses that provide the best
possible mobile user experience and better understand their customers
naturally enjoy a competitive advantage.
"An increasing number of businesses today are turning to mobile
technology to better engage with customers while increasing productivity
and profitability," said Chris Marsh, Principal Analyst at Yankee Group.
"As these businesses continue to establish and expand their mobile
capabilities, it will become increasingly critical for them to build
upon a platform that is scalable and compatible with a broad range of
applications and devices. Kofax clearly understands this."
Drew Hyatt, Senior Vice Presidet of Mobile Applications at Kofax,
stated, "Prior to the launch of the Kofax Mobile Capture Platform, banks
and insurance organizations had limited options for mobility and were
investing in unique, proprietary solutions for each individual use case
while relying upon the related vendor to maintain and enhance those
apps. By empowering businesses with tools that allow them to drive their
own mobile development on a single platform, Kofax has blown away the
early market limitations, opening up a world of new opportunities in
mobile. Kofax's perpetual license pricing model also is more cost
effective than the per-click pricing prevalent before today."
Kofax also is launching easily customizable frameworks for two apps
built on the Kofax Mobile Capture Platform:
For more information on mobility from Kofax, download the whitepaper, "Meeting
Customers Where They Are with Dynamic, Real Time Mobile Engagement"
or attend the webcast, "Turn
Smartphones into Powerful Systems of Engagement," on February 26,
2014 at 8:00 a.m. and 4:00 p.m. Pacific Standard Time.
Kofax® is a leading provider of smart process applications
for the business critical First Mile of customer interactions. These
begin with an organization's systems of engagement, which generate
real-time, information-intensive communications from customers and
provide an essential connection to their systems of record, which are
typically large scale, rigid enterprise applications and repositories
not easily adapted to more contemporary technology. Success in the First
Mile can dramatically improve an organization's customer experience and
greatly reduce operating costs, thus driving increased competitiveness,
growth and profitability. Kofax software and solutions provide a rapid
return on investment to more than 20,000 customers in financial
services, insurance, government, healthcare, business process
outsourcing and other markets. Kofax delivers these through its own
sales and service organization, and a global network of more than 800
authorized partners in more than 75 countries throughout the Americas,
EMEA and Asia Pacific. For more information, visit kofax.com.
©2014 Kofax Limited. Kofax and Kofax Mobile Capture are registered
trademarks and First Mile is a trademark of Kofax Limited.
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