Market Overview

Top Image Systems Signs Document Processing Contract with Italian BPO

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Top Image Systems (NASDAQ: TISA) today announced that it signed a contract with a major Italian business process outsourcing (BPO) company who chose eFLOW® to automate the company's invoice and form processing, as well as to deploy eFLOW Digital Mailroom as their corporate standard.

The BPO is completely revamping their paper-based internal work structure, relying on eFLOW to capture and automatically process more than a million documents per year. This project will allow the company to reassign 50 employees that had been manually inputting invoices to other duties within the company. Aiming to grow their business, the BPO expects that using eFLOW they will eventually capture 50 to 60 million documents per year.

With over 400 employees, this BPO is the leading supplier of administrative personnel and enterprise professionals to the insurance and banking industries as well as to other large enterprises. The company needed to optimize its business documentation and to find the right technology platform to drive their in-house solution for document process automation. After a two-year search, they selected eFLOW over the accepted market leader; the company

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Posted-In: News Guidance Financing Offerings Contracts Management Global

 

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