24th April, 2012
What better place for the launch of ground breaking technology than the beautiful, neo-classical surroundings of the Civil Engineer’s Building in London. Standing in the shadow of Big Ben at the heart of Westminster, Kofax launched their new capture-enabled BPM solution at their customer connect event last week.
With presentations from CEO Reynolds Bish, founder Singularity, Padraig Canavan and CMO Martyn Christian, as well as a Question Time style Q and A session, Kofax put forward a very memorable event for several reasons. Firstly the purchase of the former Singularity TotalAgility Suite last November has provided Kofax with a fast track into the BPM market. Couple this with new Mobile Capture application (with the link into the anytime technology of the cloud), and it’s easy to see that Kofax are at the forefront of change technology.
As CTO Anthony Macciola said, the Mobile Capture application enables total Point of Origination capture, with complete end-to-end processing delivering business ready documents faster, with fewer errors and with better auditing visibility. The solution has the capacity to totally revolutionise the way the capture market is run – going that one step closer to mirroring the business to consumer market in terms of ease of use and flexibility. For the first time the business process is triggered at the point of origination.
Another key point was spelt out by Reynolds Bish who said that the Capture-enabled BPM solution has built in integration with many existing systems – such as Exchange, .Net, Sharepoint and XML providing widespread appeal and a solution which allows users to extend their existing investment.
A teaser about the next stage of evolution of the KTM model takes the functionality one stage further as the touchless element is applied to “one-time only” documents. The solution scans for familiar key words, in “learn by extraction” technology, narrowing down the potential selection type and channelling them into the touchless stream.
More than just a product launch, the event served to focus attention on an exciting time in the BPM market where the changes are fast, where to some extent the future business-wide application of the solutions are still only to be guessed at, and the feeling that the space will look very different three years from now.