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TMCNet:  MegaFon selects Kofax for enterprise capture solution

[March 30, 2011]

MegaFon selects Kofax for enterprise capture solution

Mar 30, 2011 (Datamonitor via COMTEX) -- MegaFon, a mobile phone operator in Russia, has selected Kofax plc, a provider of document driven business process automation solutions, to provide enterprise capture solution. The value of the contract to Kofax exceeds $700,000.

MegaFon is the only mobile phone operator in Russia that operates its own network and provides a range of services throughout the country. MegaFon will implement Kofax Capture, Kofax Transformation Modules, Kofax VirtualReScan and Kofax Monitor as part of a solution to scan and process approximately 50 million account applications, invoices, contracts and other documents it receives annually from its customers and suppliers.

The Kofax software will enable MegaFon to capture information from both structured and unstructured documents in an efficient, accurate manner, resulting in accelerated document processing, reduced costs and improved customer service.

Kofax Capture provides 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 better 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.

"Whenever incoming documents drive business processes and transactions, companies can benefit from implementing a capture solution. Kofax software offers global telecommunications providers a unified enterprise capture platform that is highly reliable, secure and scalable," said Alan Kerr, Executive vice president of Field Operations at Kofax. "Reduced operating costs, increased productivity, accelerated business processes, better data quality and improved regulatory compliance efforts easily combine to provide a compelling, short term return on investment." Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon

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