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IRVINE, Calif.--([ BUSINESS WIRE ])--Kofax plc (LSE: KFX), a leading provider of Capture Enabled BPMa" (business process management) solutions, today announced that a leading manufacturer of aerospace products will invest more than $230,000 to expand its Kofax [ accounts payable automation and invoice processing solution ] and increase its processing volume by 75 percent.

"By automating accounts payable and invoice processing on Kofaxas enterprise ready and highly scalable capture platform, manufacturers can save money, increase processing speeds, and optimize cash management across the organization."

The customer, which has been processing approximately four million invoices annually using the Kofax platform, has purchased additional licenses of Kofax Capturea" and Kofax Transformation Modulesa" to process seven million invoices and other accounts payable documents it receives from throughout its global operations. The Kofax platform enables the customer to capture business critical information however generated, in paper or electronic form, and then extract relevant content automatically for use in its accounts payable and invoice processing functions. The digital information is stored in the companyas SAP application for easy access by employees throughout its worldwide business units.

aIn a competitive industry like aerospace, reducing operational costs and improving efficiencies are constant imperatives,a said Howard Dratler, Executive Vice President of Field Operations at Kofax. aBy automating accounts payable and invoice processing on Kofaxas enterprise ready and highly scalable capture platform, manufacturers can save money, increase processing speeds, and optimize cash management across the organization.a

[ Kofax Capture ] (KC) 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.

About Kofax

Kofax plc (LSE: KFX) is a leading provider of Capture Enabled BPMa" solutions. These award winning solutions capture and streamline the flow of business critical information throughout an organization in a more accurate, timely and cost effective manner, enabling our customers to be more responsive to their constituents and better grow their businesses. Kofax solutions provide a rapid return on investment to more than 20,000 customers in banking, insurance, government, healthcare, business process outsourcing and other markets. Kofax delivers these solutions 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 ].

2012 Kofax, plc. aKofaxa is a registered trademark and aCapture Enabled BPM,a aKofax Capture,a and aKofax Transformation Modulesa are trademarks of Kofax, plc.