Kofax Transformation

Kofax Transformation David Wright, Sales Engineer Emerging Markets

Kofax Capture - The Operating System of Capture Validate Separate Developer Community Developer Community Collect 50+ Registered Export Connectors 50+ Registered Custom Modules • Extract • Key from image • OCR • ICR • OMR • Deliver • ECM • Workflow • ERP • CRM 

Kofax Virtual Rescan (VRS) without Virtual ReScan with Virtual ReScan Original 

Kofax Capture - The Operating System of Capture Validate Separate Developer Community Developer Community Collect 50+ Registered Export Connectors 50+ Registered Custom Modules Auto-Extract Auto-Classify Invoice Contract Order Auto-Separate ? ? • Extract • Key from image • OCR • ICR • OMR • Deliver • ECM • Workflow • ERP • CRM 

Cognitive Capabilities Concept Formation Generalization Remember Identify Comprehending Intelligence Technical Equivalence Classification Clustering Associative Matching Extraction Automated processes Kofax Transformation is Intelligence 

Document Types Structured • We know where everything is on page • Forms Semi-structured • We know what is on page, but not where • Invoices Unstructured • We don‘t know what is on page • Email, letters Fax 

Kofax Transformation Customers • 490 customers • 264 million documents per year • 67% growth 2006-2008 • 3 customer types • Small <30,000 to 100,000 docs/year • Medium ~300,000 docs/year • Enterprise >1,000,000 docs/year • Our solutions • Document classification • Workflow automation • Mailroom automation • Forms processing • Fax processing • Invoice, orders, accounts payable Most complete Scalable Transformation Product on the market 

Invoice Capture Process Invoice þ Invoice Invoice Documentpreparation Scan with VRS Validation Transformation Export & Release: DMS, ERP,Workflow Online Learning 

Extract Data Invoice number and date Master data of supplier Name and complete addressof buyer VAT number of supplier andbuyer (the latter depending oncountry and gross amount) Delivery date of goods/services PO number Line items: description of goods, quantity, VAT rate, unit and total price Currency, subtotal, VAT rate, VAT amount, total Bank details, terms of payment 

Intelligent solution • 70% invoice header data extraction out-of-the-box • Invoices knowledge base (pre-trained) • Uses an template / template-free approach,using rules powerful enough to work across all invoices • Learn by example extraction technology • Improve real-time extraction • Table line item extraction for 3 way matching • Full international support • 140 recognition languages • Unicode for European, Cyrillic and Asian countries 

Additional Benefits for the Customer • Reduced AP labor (time saving) • Significant cost reduction • Higher supplier satisfaction due to quicker processing of the invoices • Higher employee satisfaction 

Business Challenges Do you recognize these business pains? No automated matching of invoice because of • Data errors • Business Logic errors • Invoice conformity issues • Extraction related issues Accounts personnel has to manually fix the problem • place outbound callsto supplier, purchasing department, internalbuyer,. … (EUR 7+ per call)  Phase 5: Improve Data Quality

Calculating Savings • Reduction of errors & dispute costs with each phase 

Reasons for Automation - Kofax Solution Customer needs Benefits provided by Invoice Processing Solution 

What is it? Who is it from? Whatinformation is in it? Who do I send it to? Germany 30 million pages per year mail – fax – email 91 document types 24 Transformation Servers 400 validation stations Results Credit application approval in 10 minutes, other docs in 24h. 100% increase in productivity ROI in 3 months. Improved Customer Service Scalable – business can grow 2008 – 300 new document types Kofax Enterprise Mailroom Solution 

Kofax Transformation