DICOM Group plc ("DICOM Group")(LSE:DCM), a global leader of Intelligent Capture & Exchange solutions, and Open Scan Technologies, Inc. (OPEN SCAN®), a premier provider of modular and highly scalable receivables processing solutions, today announced a new joint reseller agreement.
Under the terms of the agreement, DICOM and OPEN SCAN will begin to offer a joint solution that seamlessly integrates Kofax Ascent Capture, the world’s leading information capture platform and a key element of Kofax Intelligent Capture & Exchange, and RedCap™, OPEN SCAN’s flagship accounts receivable (A/R) solution that combines electronic check deposit, remittance processing, forms processing and cash application – all from the desktop.
As a result, organisations will have the opportunity to purchase a secure, fully integrated capture platform for order-to-cash and purchase-to-pay environments that is compliant with Check 21 and can be extended to remote users. Additionally, this capability will be available for customers and partners through DICOM.
“Our new joint solution compliments our accounts payable and intelligent capture strategy and positions DICOM as the vendor of choice for automating the corporate cash cycle,” said Rob Klatell, chief executive officer DICOM Group. “We believe this collaboration enhances DICOM’s strategic initiative to help organisations capture documents in the front office, where they originate, and move them in real-time to transactional business processes.”
“We’re pleased to be working with DICOM, the recognised leader in the software capture market,” said Nadine Lange, OPEN SCAN president and chief executive officer. “DICOM’s channel now has the opportunity to automate virtually any payment environment, including wholesale full-page remittances.”
Joint Solution Designed to Help Organisations Solve Key Accounts Payables/Receivable Challenges
When examining the payment/receivables process of most businesses, three significant automation opportunities emerge: Check Deposit, Remit Data Capture and Accounts Receivables (A/R) Cash Application. Considering the challenges related to managing unstructured and semi-structured wholesale full-page or check skirt payments, the new joint solution from DICOM and OPEN SCAN not only offers cost efficiencies over lockbox outsourcing, it saves in-house FTE’s by automating the cash application process.
These savings are achieved by intelligently matching and balancing outstanding invoices to incoming checks and remits, virtually eliminating hand-keying.
For more information about how to purchase this solution, please visit http://www.dicomgroup.com or http://www.openscantech.com.
Contacts:
Gabriele Rosenbusch, Head of Investor Relations
+41
(0) 32 322 3751
gabriele_rosenbusch@dicomgroup.com
or
DICOM
Group Web site:
http://www.dicomgroup.com
