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Kofax acquires IDP solution provider Ephesoft

Monday 22nd August, 2022

Kofax a leading supplier of Intelligent Automation (IA) software for digital workflow transformation, backed by TA Associates and Clearlake Capital Group (together with its affiliates “Clearlake”) has acquired Ephesoft Inc. Financial terms of the transaction were not disclosed.

Documation and StatementMatching.com Announce Partnership

Thursday 18th August, 2022

Documation Software has announced that it has established a strategic partnership with StatementMatching.com, to enhance and extend Documation’s range of finance process automation. This partnership will provide Documation’s customers with a powerful combination of tools for Accounts Payable teams to enable fast, accurate reconciliation of supplier statements, saving hours of manually matching statement lines to invoices, identifying exceptions, duplicates, non receipts and reducing GRNI balances. Documation's Accounts Payable Automation and StatementMatching solution are structured to work seamlessly together making implementation easy with minimal IT involvement.

Poor Financial Management Enabled Fraud at Welsh Council

Wednesday 17th August, 2022

Margaret Buckley, 76, was jailed last week for taking money from Maesteg Town Council.

An Audit Wales report found she took more than £80,000 for herself and funnelled substantial sums to her local church.

It blamed poor financial management and a lack of oversight within the council for creating "an environment that Mrs Buckley was able to exploit".

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