1. David Wright, Sales Engineer Emerging Markets
Kofax Transformation
David Wright, Sales Engineer
Emerging Markets

2. Kofax Capture - The Operating System of Capture
50+ Registered Export Connectors
Developer Community
Developer Community
50+ Registered Custom Modules
Kofax Capture - The Operating System of Capture
Extract
Key from image
OCR
ICR
OMR
Validate
Separate
Deliver
ECM
Workflow
ERP
CRM
Collect
Plug and Play
Unmatched compatibility with scanners and other capture devices (MFPs, Fax, etc) including centralized administration
Operating system of capture
Kofax custom module community
100+ API integrated export connectors (release scripts)
Strong Enterprise Content Management (ECM) partnerships
IBM/FileNet, Open Text, Microsoft, Oracle, EMC, etc. 

3. Kofax Virtual Rescan (VRS)
Original
with Virtual ReScan
without Virtual ReScan 

4. 

5. Kofax Capture - The Operating System of Capture
50+ Registered Export Connectors
Developer Community
Developer Community
50+ Registered Custom Modules
Kofax Capture - The Operating System of Capture
Extract
Key from image
OCR
ICR
OMR
Validate
Separate
Deliver
ECM
Workflow
ERP
CRM
Collect
Auto-Separate ?
Auto-Extract
Plug and Play
Unmatched compatibility with scanners and other capture devices (MFPs, Fax, etc) including centralized administration
Operating system of capture
Kofax custom module community
100+ API integrated export connectors (release scripts)
Strong Enterprise Content Management (ECM) partnerships
IBM/FileNet, Open Text, Microsoft, Oracle, EMC, etc.
Auto-Classify
Invoice
Order
Contract 

6. Kofax Transformation is Intelligence
Cognitive Capabilities
Concept Formation
Generalization
Remember
Identify
Comprehending Intelligence
Technical Equivalence
Classification
Clustering
Associative Matching
Extraction
Automated processes
Comprehending Intelligence – We are clever and we understand.
Can a computer generalize, remember and identify? Does it work like us, or does it have to do things differently?
Show the auto-clustering demo.
Computers can generalize, associate, and they are a LOT faster than us. 

7. Structured Semi-structured Unstructured
Document Types
Structured
We know where everything is on page
Forms
Semi-structured
We know what is on page, but not where
Invoices
Unstructured
We don‘t know what is on page
, letters
Sfasdfölkjasödlfkj sdföalskjdf
Fax 

8. Kofax Transformation Customers
264 million documents per year
67% growth
3 customer types
Small <30,000 to 100,000 docs/year
Medium ~300,000 docs/year
Enterprise >1,000,000 docs/year
Our solutions
Document classification
Workflow automation
Mailroom automation
Forms processing
Fax processing
Invoice, orders, accounts payable
Most complete
Scalable
Transformation Product
on the market 

9. Invoice Capture Processþ
Document preparation
Scan with VRS
Transformation
Validation
Export & Release:
DMS, ERP,Workflow
Invoice
Invoice
Online Learning 

10.  Invoice number and date
Extract Data
 Invoice number and date
 Master data of supplier
 Name and complete address of buyer
 VAT number of supplier and buyer (the latter depending on country and gross amount)
 Delivery date of goods/services
 PO number
 Line items: description of goods, quantity, VAT rate, unit and total price
 Currency, subtotal, VAT rate, VAT amount, total
 Bank details, terms of payment 

11. Intelligent solution 70% invoice header data extraction out-of-the-box
Invoices knowledge base (pre-trained)
Uses an template / template-free approach, using rules powerful enough to work across all invoices
Learn by example extraction technology
Improve real-time extraction
Table line item extraction for 3 way matching
Full international support
140 recognition languages
Unicode for European, Cyrillic and Asian countries 

12. Additional Benefits for the Customer
Reduced AP labor (time saving)
Significant cost reduction
Higher supplier satisfaction due to quicker processing of the invoices
Higher employee satisfaction
Reduced AP labor: 1) Automated extraction of invoice data
2) Increased data accuracy (wrong data can be corrected easily and fast in the validation phase)
3) Simplification of the invoice process
Significant cost reduction:
1) see "reduced AP labor"
2) "Single" Pipe concept
All Documents independent of the media via which they are sent are processed in the same way.
Infrastructure can also be laveraged for other processes within P2P as e.g. sales order processing.
Higher supplier satisfaction due to quicker processing of the invoices:
Speed up process considerably through automatic routing
1) of high-value invoices or invoices from specific suppliers for approval
2) of problem invoices to exception handling
3) and prioritization of invoices with early-payment discounts
Higher employee satisfaction: 1) Significant reduction of routine work
2) Focus on more important tasks such as reporting and statistics 

13. Do you recognize these business pains?
Business Challenges
Do you recognize these business pains?
No automated matching of invoice because of
Data errors
Business Logic errors
Invoice conformity issues
Extraction related issues
Accounts personnel has to manually fix the problem
place outbound calls to supplier, purchasing department, internal buyer,. … (EUR 7+ per call)
Data errors
wrong address, missing/wrong PO, typing errors
Business Logic errors
Wrong payment terms, wrong discounts, tax errors
Invoice conformity issues
Coding issues
Extraction related issues
Line item validation out of the box
Phase 5: Improve Data Quality 

14. Reduction of errors & dispute costs with each phase
Calculating Savings
Approx. Savings per invoice: Control paper flow: EUR 7+
Reduce Manual Labor: EUR 1+
Enhance process transparancy : EUR 1+
Add Electronic: EUR 1+
Improve Data Quality: EUR 2+
Automatic Feedback & Issue resolution: EUR 3+ =
Approx. savings from EUR 15 per invoice
Reduction of errors & dispute costs with each phase 

15. Reasons for Automation - Kofax Solution
Customer needs
Benefits provided by
Invoice Processing Solution
Changing Role of Accounts Payables
Focus on core business - Reduced workload due to automation
Need for Cost Reduction
Reduction of overhead, process and IT costs
Shareholder Responsibilities- erratic reporting
Proper closing of the accounts, correct financial statements
Transparency
Awareness of the current status of the invoice
Compliance Regulations
The entire process is stored and traceable
High ROI and low TCO
High ROI, easy to train system without any IT intervention 

16. Kofax Enterprise Mailroom Solution
What is it?
Who is it from?
What information is in it?
Who do I send it to?
Germany
30 million pages per year
mail – fax –
91 document types
24 Transformation Servers
400 validation stations
Results
Credit application approval in 10 minutes, other docs in 24h.
100% increase in productivity
ROI in 3 months.
Improved Customer Service
Scalable – business can grow
2008 – 300 new document types 