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January 14, 2014
05:39 EDTKFXMajor global insurance organization investes $3.7M in Kofax solutions
Kofax announced that a leading international insurance organization has invested $3.7M in Kofax software to expand and enhance the way it is capturing and processing documents within its property and casualty business. The company is using Kofax Capture and Kofax Transformation Modules to automatically capture and extract data from more than 160 million pages of documents per year, Kofax Analytics for Capture to monitor and analyze the entire process and implementing Kofax Mobile Capture to enable customers to submit documents using smart phones and tablets. The $3.7M was composed of $3M of software licenses and $700K of maintenance, and the sale was closed and delivered during the quarter ended December 31, 2013.
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