Leading Specialty Insurance Provider Invests $2.8 Million in Kofax Software
Summary
IRVINE, Calif.--(BUSINESS WIRE)--Kofax® Limited (NASDAQ: KFX) (LSE: KFX), a leading provider of smart process applications for the business critical First Mile™ of customer interactions, today announced that a leading provider of specialty insurance has invested $2.8 million for Kofax TotalAgility®, Kofax Altosoft Insight™ and services with the goals of improving compliance, minimizing manual processes, increasing productivity and reducing costs associated with new account enrollments and invoicing. “Before purchasing the Kofax solution, this specialty insurer used an internally developed capture solution that worked but was sub optimal and exposed it to potentially large fines and other compliance issues,” commented Howard Dratler, Executive Vice President of Global Field Operations at Kofax. Success in the First Mile can dramatically improve an organization’s customer experience and greatly reduce operating costs, thus driving increased competitiveness, growth and profitability. Kofax software and solutions provide a rapid return on investment to more than 20,000 customers in financial services, insurance, government, healthcare, business process outsourcing and other markets. Kofax delivers these 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.
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