Contract Value Exceeds $4.8 Million
Kofax® plc (LSE: KFX), a leading provider of smart process applications for the business critical First Mile™ of customer interactions, today announced that a national government agency in Western Europe has selected Kofax for a large scale capture project. The value of the contract to Kofax exceeds $4.8 million.
The customer, a major social services agency responsible for managing citizen benefits, receives more than two billion documents annually. The Kofax solution will enable the customer to automatically capture images and data from those documents for easy archival and access by employees, increasing processing speeds and reducing the costs and errors associated with what would otherwise be labor intensive efforts.
“Government agencies recognize the value provided by smart process applications, and we see increasing numbers of significant customer transactions in this sector,” said Howard Dratler, executive vice president of Field Operations at Kofax. “Automation increases processing speeds and reduces errors, allowing government agencies to deliver better service to their constituencies at a lower cost.”